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Wel Solar Park 27 Limited

09210592

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 09/09/2014

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

Elgar Middleton Environmental Energy Investments Limited

Ceased 05/04/2018

Wirsol Energy Limited

Ceased 20/12/2018

Wolf Dietmar Hopp

Ceased 20/12/2018

Wircon Solar Assets 4 Holdco Ltd

Ceased 04/02/2020

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

CompanyRankvs 2783+ SIC 35110 peers
40

Financial strength2th percentile among SIC peers · 1/25
Employees66th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.05× · 2/20
Longevity12 years trading (max 15) · 12/15
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.

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.

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

-£2.1M

Balance sheet strength

Cash

£184k

Cash in the bank

Net Current Assets

-£17.7M

Working capital

Current Assets

£1.0M

Current Liabilities

£18.8M

Fixed Assets

£15.8M

Debtors

£846k

1avg. employees

Balance Sheet

Assets less current liabilities-£1.9M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.05
20230.13
20220.15
20210.16-£59k
20201.86

Derived from filed accounts. Not audited figures.