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Wel Solar Park 24 Limited

08529246

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

3 MORE LONDON RIVERSIDE C/O SHANGHAI ELECTRIC UK COMPANY LIMITED, LONDON, SE1 2RE
Incorporated 14/05/2013

Compliance

Last accounts

31/12/2024

small

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 01/12/2025

Due 15/12/2026

On track

Industry

35110
Production of electricity

Officers

Mr Kun Zhang

director · Since 16/11/2020

COMPANY DIRECTOR

CHINESE · ENGLAND · Age 50

Also on 9 other boards

Ms Cristina Maria Iaccarino

secretary · Since 01/12/2020

Persons with Significant Control

Projectpower Uk Limited

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

Room 4306-4307 43/F, Far East Finance Centre, Hong Kong

Reg: 2997957 · Hong Kong · Limited By Shares

Notified 01/12/2020

Former PSCs

Denis John O'Brien

Ceased 12/12/2017

Wirsol Energy Limited

Ceased 20/12/2018

Wircon Solar Assets 4 Holdco Ltd

Ceased 06/02/2020

Wolf Dietmar Hopp

Ceased 20/12/2018

P&T Global Renewable Energy Limited

Ceased 01/12/2020

Charges0 outstanding

Charge
satisfied

BERENBERG ALTERNATIVE ASSETS FUND II S.A., SICAV-RAIF AS LENDER WITH THE SUBFUND BERENBERG GREE

Created 20/12/2018Registered 31/12/2018Satisfied 04/08/2020
Charge
satisfied

BRIGHTER ENERGY INVESTMENTS LTD

Created 19/08/2014Registered 22/08/2014Satisfied 20/07/2017

CompanyRankvs 2543+ SIC 35110 peers
41

Financial strength4th percentile among SIC peers · 1/25
Employees66th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.07× · 2/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees10/15 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.

Longevity13/15 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.

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

Key FinancialsYear ending 31/12/2024

Net Worth

-£617k

Balance sheet strength

Cash

£111k

Cash in the bank

Net Current Assets

-£7.3M

Working capital

Current Assets

£528k

Current Liabilities

£7.8M

Fixed Assets

£7.1M

Debtors

£417k

1avg. employees

Balance Sheet

Assets less current liabilities-£189k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.07-£87k
20230.14+£44k
20220.14-£424k
20210.15-£48k
20201.71

Derived from filed accounts. Not audited figures.