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Wormit Solar Farm Limited

08673950

active
Private Limited Company
england wales
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

1ST FLOOR, BRISTOL, BS1 4PB
Incorporated 03/09/2013

Compliance

Last accounts

30/06/2025

full

Next accounts due

31/03/2027

On track

Confirmation statement

Last: 03/09/2025

Due 17/09/2026

On track

Industry

35110
Production of electricity

Officers

Mr Neil Anthony Wood

director · Since 20/01/2020

FINANCE DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 264 other boards

Ms Cristiane Ribeiro

director · Since 06/05/2026

ITALIAN · UNITED KINGDOM · Age 45

Also on 25 other boards

Persons with Significant Control

New Road 2 Solar Limited

ownership-of-shares-75-to-100-percent-as-firm
voting-rights-75-to-100-percent-as-firm
right-to-appoint-and-remove-directors-as-firm

1st Floor, 25 King Street, Bristol, BS1 4PB

Reg: 12647637 · England And Wales · Private Company Limited By Shares

Notified 31/07/2020

Former PSCs

Government Of People's Republic China

Ceased 26/06/2017

Ctf Solar Gmbh

Ceased 20/01/2020

New Road Solar Limited

Ceased 31/07/2020

Charges2 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC AS TRUSTEE

Created 28/04/2023Registered 05/05/2023
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 20/08/2020Registered 24/08/2020

CompanyRankvs 1547+ SIC 35110 peers
35

Financial strength87th percentile among SIC peers · 22/25
Employees22th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.07× · 2/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength22/25 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

Outstanding charges: -10 pts

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

Going Concern Doubt

or - the directors have not disclosed in the financial statements any identified material uncertainties that may cast significant doubt about the company's ability to continue to adopt the going concern basis of accounting for a period of at least twelve months from the date when the financial statements are authorised for issue. Other information The other information comprises the information in

Key FinancialsYear ending 31/12/2019

Turnover

£583k

Annual revenue

Net Worth

£545k

Balance sheet strength

Cash

£93k

Cash in the bank

Profit Before Tax

£234k

Bottom line earnings

Net Current Assets

-£3.7M

Working capital

Current Assets

£292k

Current Liabilities

£4.0M

Fixed Assets

£4.4M

Debtors

£199k

Gross Profit

£583k

Admin Expenses

£349k

Operating Profit

£234k

Profit After Tax

£188k

0avg. employees

Tax at Year End

Corp tax£33k

Balance Sheet

Assets less current liabilities£656k
Prepared with Sage Accounts Production Advanced 2020 - FRS102_2019

EstimatesDerived

YearCurrent RatioImplied Profit
20190.07+£188k
20180.06

Derived from filed accounts. Not audited figures.