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Tidal Lagoon (Swansea Bay) Plc

08141301

liquidation
Public Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

UNIT 8, THE AQUARIUM BUILDING, READING, RG1 2AN
Incorporated 12/07/2012

Compliance

Last accounts

30/06/2021

full

Next accounts due

25/09/2023

Overdue

Confirmation statement

Last: 12/07/2023

Due 26/07/2024

Overdue

Industry

35110
Production of electricity
42220
Construction of utility projects for electricity and telecommunications

Officers

Mr Mark Christopher Shorrock

director · Since 12/07/2012

DIRECTOR

BRITISH · UNITED KINGDOM · Age 56

Also on 17 other boards

Mr Andrew Matthews

director · Since 11/06/2015

NON EXEC DIRECTOR

BRITISH · ENGLAND · Age 63

Mr James Edward Hall-Smith

director · Since 10/04/2018

INVESTMENT BANKER

BRITISH · ENGLAND · Age 57

Also on 4 other boards

Persons with Significant Control

Mr Mark Christopher Shorrock

Significant control

British · United Kingdom · Age 56

Pillar & Lucy House, Merchants Road, Gloucester, GL2 5RG

Notified 06/04/2016

Infracapital (Tlsb) Gp Limited

Significant control

50, Lothian Road, Edinburgh, EH3 9WJ

Reg: Sc486888 · Registrars Of Companies England And Wales · Limited

Notified 06/04/2016

Infrared Capital Partners Limited

Significant control

12, Charles Ii Street, London, SW1Y 4QU

Reg: 03364976 · Registrars Of Companies England And Wales · Limited

Notified 06/04/2016

Charges0 outstanding

Charge
satisfied

INFRACAPITAL (TLSB) SLP LP AS SECURITY TRUSTEE

Created 30/07/2015Registered 04/08/2015Satisfied 05/03/2025
Charge
satisfied

GOOD ENERGY LIMITED

Created 06/05/2014Registered 17/05/2014Satisfied 05/03/2025

Insolvency History1 case

members voluntary liquidation14/05/2025

Paul Ellison (practitioner) · Robert Christopher Keyes (practitioner)

CompanyRankvs 15+ SIC 35110 peers
11

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0× · 2/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Insolvency history -10
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How is this score calculated?
Financial strength0/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees0/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity14/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Insolvency history: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Material uncertainty related to going concern We draw your attention to note 1.2 in the financial statements, which indicates the impact of uncertainties around the current status of the DCO on the business and the company's cu

Key FinancialsYear ending 30/06/2021

Net Worth

£146k

Balance sheet strength

Cash

£45k

Cash in the bank

Profit Before Tax

-£3.4M

Bottom line earnings

Net Current Assets

-£34.1M

Working capital

Current Assets

£48k

Current Liabilities

£34.1M

Debtors

£4k

Admin Expenses

£3k

Profit After Tax

-£3.4M

4avg. employees
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20210.00

Derived from filed accounts. Not audited figures.