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Generation X Energy Limited

08294683

active
Private Limited Company
england wales
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

ADMINISTRATION OFFICES, CONSETT, DH8 7ND
Incorporated 15/11/2012

Compliance

Last accounts

31/03/2025

small

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 20/06/2025

Due 04/07/2026

On track

Industry

35110
Production of electricity

Officers

Mr David Mitchell Cavet

director · Since 22/12/2022

CHARTERED ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 62

Also on 4 other boards

Mr Harry Macklyn Swan

director · Since 22/12/2022

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Also on 5 other boards

Persons with Significant Control

Thomas Swan Holdings Limited

75–100% shares
75–100% votes
Appoint directors

Administration Offices, Rotary Way, Consett, DH8 7ND

Reg: 09777330 · Registrar Of Companies · Private Company Limited By Shares

Notified 22/12/2022

Former PSCs

Ingenious Renewable Energy Enterprises Limited

Ceased 25/08/2020

Conside Limited

Ceased 22/12/2022

Thomas Swan & Co.Limited

Ceased 22/12/2022

Charges2 outstanding

Charge
outstanding

HSBC EQUIPMENT FINANCE (UK) LIMITED

Created 08/04/2025Registered 09/04/2025
Charge
outstanding

HSBC UK BANK PLC

Created 08/09/2023Registered 11/09/2023
Charge
satisfied

INGENIOUS RENEWABLE ENERGY LENDING SERVICES LIMITED

Created 11/04/2017Registered 26/04/2017Satisfied 16/08/2017
Charge
satisfied

INGENIOUS RENEWABLE ENERGY ENTERPRISES LIMITED

Created 11/07/2016Registered 27/07/2016Satisfied 26/04/2017
Charge
satisfied

INGENIOUS RENEWABLE ENERGY LIMITED

Created 04/08/2014Registered 21/08/2014Satisfied 27/07/2016

CompanyRankvs 1739+ SIC 35110 peers
46

Financial strength70th percentile among SIC peers · 18/25
Employees22th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.62× · 6/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength18/25 pts

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

Employees3/15 pts

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

Liquidity6/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2025

Net Worth

£12k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£811k

Working capital

Current Assets

£1.3M

Current Liabilities

£2.1M

Fixed Assets

£962k

Debtors

£913k

Profit After Tax

-£350k

0avg. employees

Balance Sheet

Assets less current liabilities£150k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.62-£23k
20240.75+£0
20190.39

Derived from filed accounts. Not audited figures.