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Solardev 2 Ltd

08625321

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)
  • Going concern doubt noted in accounts (-10)

Details

24 SAVILE ROW, LONDON, W1S 2ES
Incorporated 25/07/2013

Compliance

Last accounts

31/12/2024

small

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 13/11/2025

Due 27/11/2026

On track

Industry

35110
Production of electricity

Officers

Mr Matteo Quatraro

director · Since 05/09/2022

DIRECTOR

ITALIAN · ENGLAND · Age 54

Also on 37 other boards

Ms Chloe Marlow

director · Since 02/08/2024

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 45

Also on 68 other boards

Mr Paul Anthony White

director · Since 02/08/2024

FINANCIAL CONTROLLER

IRISH · NORTHERN IRELAND · Age 39

Also on 36 other boards

Ms Louise Christine Woodhead

director · Since 31/12/2025

BRITISH · UNITED KINGDOM · Age 45

Also on 79 other boards

Persons with Significant Control

Solarplicity Debt Funding Limited

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

24, Savile Row, London, W1S 2ES

Reg: 09845483 · England And Wales Register · Limited Company

Notified 31/01/2017

Former PSCs

Solarplicity Uc Holdings Limited

Ceased 31/01/2017

Charges0 outstanding

Charge
satisfied

U.S. BANK TRUSTEES LIMITED

Created 16/01/2017Registered 17/01/2017Satisfied 04/01/2023
Charge
satisfied

ACM FINANCE LUXEMBOURG SA

Created 14/03/2016Registered 23/03/2016Satisfied 18/11/2016

CompanyRankvs 3450+ SIC 35110 peers
25

Financial strength6th percentile among SIC peers · 2/25
Employees22th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.16× · 2/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength2/25 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.

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.

Risk deductions

Going concern doubt: -10 pts

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

Going Concern Doubt

statements for the year ended 31 December 2024 was unqualified . In their report, the auditors emphasised the following matter without qualifying their report: Material uncertainty related to going concern We draw attention to note 2.3 in the financial statements, which sets out the position of the Company with respect to going concern. The Company is currently subject to an ongoing audit

Key FinancialsYear ending 31/12/2024

Net Worth

-£400k

Balance sheet strength

Cash

£380k

Cash in the bank

Net Current Assets

-£2.7M

Working capital

Current Assets

£517k

Current Liabilities

£3.3M

Fixed Assets

£2.3M

Debtors

£137k

0avg. employees

Balance Sheet

Assets less current liabilities-£400k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20240.16+£225k
20230.11+£341k
20220.04+£47k
20210.10-£113k
20200.06-£114k
20190.11

Derived from filed accounts. Not audited figures.