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Iqony Renewables Uk Ltd

11292013

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)

Details

4 OFFICE VILLAGE FORDER WAY, PETERBOROUGH, PE7 8GX
Incorporated 04/04/2018

Compliance

Last accounts

31/12/2024

small

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 30/11/2025

Due 14/12/2026

On track

Industry

35110
Production of electricity

Officers

Mr Joel Wagner

director · Since 04/07/2024

CEO

GERMAN · GERMANY · Age 41

Persons with Significant Control

Iqony Renewables Gmbh

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

Innohubs, Leightonstrasse 2, 97074 Würzburg

Reg: Hrb 14683 · Local Court Of Wurzburg · Company

Notified 30/11/2020

Former PSCs

Gildemeister Energy Solutions Gmbh

Ceased 28/06/2019

Projekt Genf Gmbh

Ceased 30/11/2020

CompanyRankvs 2049+ SIC 35110 peers
40

Financial strength22th percentile among SIC peers · 6/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.67× · 6/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength6/25 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.

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.

Longevity8/15 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

doubt about the company’s ability to continue to adopt the going concern basis of accounting for a period of at least twelve months from the date when the financial statements are authorised for issue. Debtors Short term debtors are initially measured at transaction price

Key FinancialsYear ending 31/12/2024

Net Worth

£1

Balance sheet strength

Cash

£1.9M

Cash in the bank

Net Current Assets

-£4.8M

Working capital

Current Assets

£9.6M

Current Liabilities

£14.4M

Fixed Assets

£371

Debtors

£4.8M

9avg. employees

Balance Sheet

Assets less current liabilities-£4.8M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.67
20236.37-£1.6M
20226.40-£2.1M
20214.27

Derived from filed accounts. Not audited figures.