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Pathfinder Clean Energy (Pace) Limited

10550249

active
Private Limited Company
Companies House
Health Score
64 / 100

Some Concerns

30/30
Filing
0/30
Financial
34/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

122 CARAWAY, LONDON, SE1 2PP
Incorporated 06/01/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

42220
Construction of utility projects for electricity and telecommunications

Officers

Mr Robert Charles Denman

director · Since 06/01/2017

ENERGY CONSULTANT

BRITISH · ENGLAND · Age 52

Also on 63 other boards

Mr Aitor Larrucea Chinesta

director · Since 19/10/2017

COMPANY DIRECTOR

SPANISH · SPAIN · Age 47

Mr Alexander James Ross

director · Since 19/10/2017

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 36

Also on 28 other boards

Persons with Significant Control

Mr Robert Charles Denman

Significant control

British · England · Age 52

122 Caraway Apartments, 2 Cayenne Court, London, SE1 2PP

Notified 06/01/2017

Pathfinder Business Limited

50–75% shares
50–75% votes

C/O William Withers & Co, Quayside House, Highland Terrace, Tiverton, EX16 6PT

Reg: 05919772 · England And Wales · Private Limited Company

Notified 31/08/2017

Charges3 outstanding

Charge
outstanding

INFRAGREEN V S.L.P. AS BOND PURCHASER

Created 26/03/2026Registered 31/03/2026
Charge
outstanding

PADERO SOLAER LTD

Created 12/11/2025Registered 20/11/2025
Charge
outstanding

INFRAGREEN V S.L.P. AS BOND PURCHASER

Created 17/06/2025Registered 17/06/2025
Charge
satisfied

MITSUBISHI HC CAPITAL UK PLC

Created 03/10/2024Registered 08/10/2024Satisfied 24/06/2025
Charge
satisfied

MITSUBISHI HC CAPITAL UK PLC

Created 14/02/2024Registered 19/02/2024Satisfied 24/06/2025
Charge
satisfied

PADERO SOLAER LTD

Created 20/10/2023Registered 02/11/2023Satisfied 19/05/2026
Charge
satisfied

SOLARNET INVESTMENT GMBH

Created 21/12/2022Registered 22/12/2022Satisfied 15/02/2024
Charge
satisfied

HITACHI CAPITAL (UK) PLC

Created 13/12/2021Registered 15/12/2021Satisfied 06/12/2023
Charge
satisfied

THREE BRIDGES TRUSTEE LTD

Created 28/04/2021Registered 05/05/2021Satisfied 28/11/2022

CompanyRankvs 1852+ SIC 42220 peers
33

Financial strength2th percentile among SIC peers · 1/25
Employees82th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.97× · 6/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees12/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity9/15 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 31/01/2025

Net Worth

-£308k

Balance sheet strength

Cash

£194k

Cash in the bank

Net Current Assets

-£310k

Working capital

Current Assets

£11.4M

Current Liabilities

£11.7M

Fixed Assets

£2k

Debtors

£11.2M

3avg. employees

Balance Sheet

Assets less current liabilities-£308k
Prepared with BTCSoftware AP Solution 2025 12.1.03

EstimatesDerived

YearCurrent RatioImplied Profit
20250.97-£1.1M
20241.13+£2.0M
20230.82-£557k
20220.83-£631k
20210.75+£0
20200.43+£0
20190.22

Derived from filed accounts. Not audited figures.