Bw Ess Development Uk Limited
11122632
Healthy
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 22/12/2017
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 55
Also on 15 other boards
secretary · Since 13/12/2024
secretary · Since 13/12/2024
director · Since 27/03/2026
BRITISH · UNITED KINGDOM · Age 41
Also on 11 other boards
Persons with Significant Control
Mr Andreas Sohmen-Pao
Austrian · Singapore · Age 55
5th Floor, 53 Parker Street, London, WC2B 5PT
Notified 02/01/2024
Former PSCs
Creation Energy Storage Limited
Ceased 01/02/2019
G2 Energy Developments Limited
Ceased 29/06/2018
Mr Richard Craig Thwaites
Ceased 11/10/2024
Mr. John Andrew Mcaleavey
Ceased 05/03/2024
Dr Nan Jia
Ceased 11/10/2024
Bw Energy Storage Systems Pte. Ltd
Ceased 02/01/2024
CompanyRankvs 290+ SIC 78300 peers72
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
conformity with the requirements of the Companies Act 2006 , 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, o
Key FinancialsYear ending 31/12/2024
Turnover
£1.6M
Annual revenue
Net Worth
£6.2M
Balance sheet strength
Cash
—
Cash in the bank
Profit Before Tax
-£905k
Bottom line earnings
Net Current Assets
—
Working capital
Current Assets
£5.0M
Current Liabilities
£447k
Cost of Sales
£946
Gross Profit
£1.6M
Admin Expenses
£2.6M
Operating Profit
-£960k
Profit After Tax
-£753k
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 11.19 | +£1.9M |
| 2022 | 14.24 | -£1.8M |
| 2021 | 24.61 | +£6.0M |
| 2020 | 1.28 | +£74k |
| 2019 | 1.01 | — |
Derived from filed accounts. Not audited figures.