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Noriker Staunch Ltd

10238116

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)
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)

Details

C/O GRESHAM HOUSE ASSET MANAGEMENT LIMITED, LONDON, EC4A 3TW
Incorporated 17/06/2016

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 16/06/2025

Due 30/06/2026

On track

Industry

35110
Production of electricity

Officers

Mr Benjamin James Ernest Guest

director · Since 27/09/2016

DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 37 other boards

Mr Stephen James Beck

director · Since 17/12/2019

DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 65 other boards

Persons with Significant Control

Gresham House Energy Storage Holdings Ltd

75–100% shares
75–100% votes

The Scalpel, 18th Floor, Lime Street, London, EC3M 7AF

Reg: 12696914 · Companies House · Private Limited Company

Notified 09/10/2020

Former PSCs

Noriker Power Ltd

Ceased 13/11/2018

Hc Ess 1 Llp

Ceased 13/11/2018

Gresham House Energy Storage Fund Plc

Ceased 09/10/2020

Charges0 outstanding

Charge
satisfied

HAZEL CAPITAL ESS 1 LTD

Created 29/11/2016Registered 07/12/2016Satisfied 11/01/2019
Charge
satisfied

HAZEL CAPITAL SERVICES COMPANY LIMITED

Created 29/11/2016Registered 07/12/2016Satisfied 11/01/2019

CompanyRankvs 33210+ SIC 35110 peers
29

Financial strength1th percentile among SIC peers · 0/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.04× · 2/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength0/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees12/15 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.

Longevity10/15 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

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/12/2024

Turnover

£963k

Annual revenue

Net Worth

-£12.2M

Balance sheet strength

Cash

£495k

Cash in the bank

Profit Before Tax

-£2.5M

Bottom line earnings

Net Current Assets

-£18.4M

Working capital

Current Assets

£863k

Current Liabilities

£19.2M

Fixed Assets

£6.2M

Debtors

£368k

Cost of Sales

£489k

Gross Profit

£474k

Admin Expenses

£1.5M

Operating Profit

-£1.1M

Profit After Tax

-£2.5M

2avg. employees

Balance Sheet

Assets less current liabilities-£12.2M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent Ratio
20240.04

Derived from filed accounts. Not audited figures.