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Equinicity Ltd

11374646

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

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

Details

FOURTH FLOOR THE QUADRANGLE, CHELTENHAM, GL50 1PZ
Incorporated 22/05/2018

Compliance

Last accounts

31/07/2025

total exemption full

Next accounts due

30/04/2027

On track

Confirmation statement

Last: 18/05/2025

Due 01/06/2026

On track

Industry

35110
Production of electricity
35140
Trade of electricity

Officers

Dr Marc Jason Thomas

director · Since 22/05/2018

ENGINEER

BRITISH · UNITED KINGDOM · Age 59

Also on 21 other boards

Dr Zhenni Wang

director · Since 20/01/2019

ENGINEER

BRITISH · UNITED KINGDOM · Age 72

Also on 4 other boards

Persons with Significant Control

Noriker Power Ltd

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

4th Floor, The Quadrangle, Imperial Square, Cheltenham, GL50 1PZ

Reg: 09675162 · Companies House · Limited Company

Notified 22/05/2018

CompanyRankvs 2902+ SIC 35110 peers
42

Financial strength3th percentile among SIC peers · 1/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.59× · 6/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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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.

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.

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

Key FinancialsYear ending 31/07/2025

Net Worth

-£1.2M

Balance sheet strength

Cash

£906k

Cash in the bank

Net Current Assets

-£1.2M

Working capital

Current Assets

£1.8M

Current Liabilities

£3.0M

Fixed Assets

£643

Debtors

£865k

2avg. employees
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20250.59+£0
20250.59+£453k
20230.58-£418k
20220.48-£540k
20210.61-£557k
20200.78
2019Infinity

Derived from filed accounts. Not audited figures.