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Second Generation Yardwall Limited

09118994

active
Private Limited Company
england wales
Companies House
Health Score
59 / 100

Notable Risks

25/30
Filing
0/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

C/O FORESIGHT GROUP LLP THE SHARD, LONDON, SE1 9SG
Incorporated 07/07/2014

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 27/06/2025

Due 11/07/2026

On track

Industry

35110
Production of electricity

Officers

David Goodwin

director · Since 15/10/2023

FINANCE DIRECTOR

BRITISH · ENGLAND · Age 39

Also on 101 other boards

Mr Julian Elsworth

director · Since 08/05/2024

SENIOR PORTFOLIO MANAGER

BRITISH · UNITED KINGDOM · Age 49

Also on 133 other boards

Persons with Significant Control

Second Generation Portfolio 1 Limited

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

First Floor, St James House, London, W8 5HD

Reg: 09581720 · Companies House · Private Limited Company

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

U.S. BANK TRUSTEES LIMITED

Created 03/02/2016Registered 15/02/2016
Charge
outstanding

U.S. BANK TRUSTEES LIMITED

Created 14/10/2015Registered 16/10/2015
Charge
outstanding

U.S. BANK TRUSTEES LIMITED

Created 07/08/2015Registered 17/08/2015

CompanyRankvs 1746+ SIC 35110 peers
32

Financial strength6th percentile among SIC peers · 2/25
Employees22th percentile among SIC peers · 3/15
LiquidityCurrent ratio 2.13× · 20/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial 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.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity12/15 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

FOR THE YEAR ENDED 31 DECEMBER 2023 2. Accounting policies - continued Capital risk management The company's objectives when managing capital are to safeguard the company's ability to continue as a going concern in order to provide returns for shareholders and benefits for other stakeholders and to maintain an optimal capital structure to reduce the cost of capital. In order to maintain or adjus

Key FinancialsYear ending 31/12/2023

Turnover

£474k

Annual revenue

Net Worth

-£330k

Balance sheet strength

Cash

£49k

Cash in the bank

Profit Before Tax

-£65k

Bottom line earnings

Net Current Assets

£203k

Working capital

Current Assets

£382k

Current Liabilities

£179k

Fixed Assets

£2.3M

Debtors

£332k

Cost of Sales

£36k

Gross Profit

£438k

Admin Expenses

£225k

Operating Profit

£214k

Profit After Tax

-£56k

0avg. employees

Balance Sheet

Assets less current liabilities£2.5M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20232.13-£56k
20222.50

Derived from filed accounts. Not audited figures.