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Sheriffhales Solar Community Interest Company

09643746

active
Community Interest Company
england wales
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Loss before tax (-10)
  • 1 outstanding charge (-2)

Details

C/O COMMUNITIES FOR RENEWABLES CIC REDRUTH HOUSE, REDRUTH, TR16 5EZ
Incorporated 17/06/2015

Compliance

Last accounts

31/12/2024

small

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 17/06/2025

Due 01/07/2026

On track

Industry

35110
Production of electricity

Officers

Mr Peter John Bonsall

director · Since 06/12/2018

COMMUNITY DIRECTOR

BRITISH · ENGLAND · Age 68

Also on 1 other board

Mr Christopher Andrew

director · Since 30/09/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 37

Persons with Significant Control

Sheriffhales Community Energy Limited

75–100% shares
75–100% votes

C/O Communities For Renewables Cic, Redruth House, Redruth, TR16 5EZ

Reg: 7225 · England And Wales · Limited Company

Notified 06/04/2016

Former PSCs

Core Scorpio Limited

Ceased 30/09/2022

Charges1 outstanding

Charge
outstanding

TRIODOS BANK UK LIMITED

Created 30/09/2022Registered 05/10/2022
Charge
satisfied

CORE SCORPIO LIMITED

Created 07/12/2018Registered 12/12/2018Satisfied 25/10/2022
Charge
satisfied

COMMUNITY OWNED RENEWABLE ENERGY LLP

Created 07/12/2018Registered 12/12/2018Satisfied 25/10/2022
Charge
satisfied

CLOSE LEASING LIMITED AS LENDER AND ITS SUCCESSORS IN TITLE, ASSIGNEES AND TRANSFEREES

Created 24/02/2017Registered 07/03/2017Satisfied 19/12/2018
Charge
satisfied

THRIVE RENEWABLES PLC

Created 24/02/2017Registered 28/02/2017Satisfied 19/12/2018

CompanyRankvs 2367+ SIC 35110 peers
34

Financial strength9th percentile among SIC peers · 2/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.2× · 2/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Outstanding 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.

Employees14/15 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.

Longevity11/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2020

Turnover

£384k

Annual revenue

Net Worth

-£119k

Balance sheet strength

Cash

£700k

Cash in the bank

Profit Before Tax

-£34k

Bottom line earnings

Net Current Assets

-£2.9M

Working capital

Current Assets

£729k

Current Liabilities

£3.6M

Fixed Assets

£2.8M

Debtors

£29k

Cost of Sales

£5k

Gross Profit

£379k

Admin Expenses

£275k

Operating Profit

£114k

4avg. employees

Balance Sheet

Assets less current liabilities-£119k
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20200.20

Derived from filed accounts. Not audited figures.