Back to search

Irel Solar Holdco Limited

10327799

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

2ND FLOOR 2 CITY PLACE, GATWICK, RH6 0PA
Incorporated 12/08/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64209
Activities of other holding companies

Officers

Mr Neil Anthony Wood

director · Since 10/05/2022

DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 264 other boards

Mr Kevin Paul O'Connor

director · Since 18/07/2024

GROUP GENERAL COUNSEL

BRITISH · UNITED KINGDOM · Age 44

Also on 18 other boards

Persons with Significant Control

New Road Solar Limited

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

2nd Floor, 2 City Place, Beehive Ring Road, Gatwick, RH6 0PA

Reg: 09940547 · Companies House · Private Company Limited By Shares

Notified 10/05/2022

Former PSCs

Ingenious Renewable Energy Limited

Ceased 10/05/2022

Charges1 outstanding

Charge
outstanding

BAYERISCHE LANDESBANK AS SECURITY TRUSTEE ON BEHALF OF THE SECURED PARTIES (SECURITY TRUSTEE)

Created 28/09/2016Registered 04/10/2016

CompanyRankvs 212530+ SIC 64209 peers
34

Financial strength96th percentile among SIC peers · 24/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.19× · 2/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength24/25 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.

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

Outstanding charges: -10 pts

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

Going Concern Doubt

applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; assess the Company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern; and use the going concern basis of accounting unless they either intend to liquidate the Company or to cease operations, or

Key FinancialsYear ending 30/06/2025

Net Worth

£6.7M

Balance sheet strength

Cash

£237k

Cash in the bank

Profit Before Tax

-£1.7M

Bottom line earnings

Net Current Assets

-£5.8M

Working capital

Current Assets

£1.3M

Current Liabilities

£7.1M

Debtors

£1.1M

Admin Expenses

£178k

Profit After Tax

-£1.6M

0avg. employees

Tax at Year End

Corp tax£0

Balance Sheet

Assets less current liabilities£13.6M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.19-£1.8M
20240.21
20210.82+£743k
20200.85-£829k
20190.94

Derived from filed accounts. Not audited figures.