Welink Energy (U.K.) Limited
08905326
Notable Risks
- Accounts filing overdue (-15)
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2023
small
Next accounts due
31/12/2025
Confirmation statement
Last: 30/10/2025
Due 13/11/2026
Industry
Officers
Former
director · Resigned 13/10/2015
director · Resigned 30/11/2016
secretary · Resigned 30/11/2018
director · Resigned 30/11/2018
director · Resigned 06/09/2021
Persons with Significant Control
Welink Energy Holdings (U.K.) Limited
1st Floor, Unit 9, Old Field Road, Pencoed, CF35 5LJ
Reg: 09239482 · England And Wales · Limited Company
Notified 01/11/2016
Former PSCs
Mr. Barry O'Neill
Ceased 01/11/2016
Charges0 outstanding
SUNDIP K. BHUNDIA
Change History
Active
Private Limited Company
3 HARDMAN SQUARE
MANCHESTER
CompanyRankvs 2978+ SIC 42220 peers15
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
resources to continue in operational existence for the foreseeable future. There are material uncertainties which may cast doubt about the company's ability to continue as a going concern and that it may be unable to realise its assets and discharge its liabilities in the normal course of business. A detailed assessment has been carried out on the company's business plan. The key assu
Key FinancialsYear ending 31/12/2023
Net Worth
-£41.2M
Balance sheet strength
Cash
£736k
Cash in the bank
Net Current Assets
-£6.5M
Working capital
Current Assets
£62.9M
Current Liabilities
£69.4M
Fixed Assets
£1k
Debtors
£60.1M
People Costs(2020)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2023 | 0.91 | -£204k |
| 2022 | 0.94 | -£3.7M |
| 2021 | 0.99 | -£4.8M |
| 2020 | 0.87 | -£5.0M |
| 2019 | 0.87 | -£16.7M |
| 2018 | 1.19 | -£11.2M |
| 2017 | 2.22 | — |
Derived from filed accounts. Not audited figures.