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Joule Group International Limited

10474432

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

5TH FLOOR, 61, LONDON, E1 7PE
Incorporated 11/11/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

42990
Construction of other civil engineering projects

Officers

Mr John Mccolgan

director · Since 11/11/2016

DIRECTOR

IRISH · NORTHERN IRELAND · Age 44

Also on 2 other boards

Mr John Noone

director · Since 11/11/2016

DIRECTOR

IRISH · IRELAND · Age 44

Also on 1 other board

Persons with Significant Control

Joule Group Holdings Limited

75–100% shares
75–100% votes

The City Factory, 100 Patrick Street, Londonderry, BT48 7EL

Reg: Ni665097 · Northern Ireland · Limited Company

Notified 20/12/2019

Former PSCs

John Noone

Ceased 20/12/2019

John Mccolgan

Ceased 20/12/2019

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 09/07/2025Registered 10/07/2025
Charge
satisfied

HSBC UK BANK PLC

Created 17/09/2021Registered 05/10/2021Satisfied 05/01/2024
Charge
satisfied

GROWTH FINANCE FUND GENERAL PARTNER LIMITED IN ITS CAPACITY AS GENERAL PARTNER FOR AND ON BEHAL

Created 20/12/2019Registered 23/12/2019Satisfied 12/02/2024

CompanyRankvs 881+ SIC 42990 peers
73

Financial strength93th percentile among SIC peers · 23/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.3× · 20/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength23/25 pts

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

Employees15/15 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.

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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2025

Net Worth

£1.1M

Balance sheet strength

Cash

£599k

Cash in the bank

Net Current Assets

£1.1M

Working capital

Current Assets

£2.0M

Current Liabilities

£856k

Fixed Assets

£6k

Debtors

£1.4M

41avg. employees+7

Balance Sheet

Intangible assets£0
Assets less current liabilities£1.1M
Signed by 2025-01-01Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20252.30-£344k
20241.88+£503k
20232.01+£121k
20224.04+£103k
20213.64+£98k
20203.34+£49k
20192.87+£332k
20186.22

Derived from filed accounts. Not audited figures.