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Microgrid Foundry Limited

11780032

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

UNIT 21A EASTON BUSINESS CENTRE, BRISTOL, BS5 0HE
Incorporated 22/01/2019

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 20/01/2026

Due 03/02/2027

On track

Industry

35110
Production of electricity
35140
Trade of electricity

Officers

Mr Damon Rand

director · Since 22/01/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 51

Also on 2 other boards

Persons with Significant Control

Mr Damon Rand

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

British · United Kingdom · Age 51

Unit 21a, Felix Road, Bristol, BS5 0HE

Notified 01/11/2025

Former PSCs

Wolverton Community Energy Limited

Ceased 18/12/2019

Clean Energy Prospector Ltd

Ceased 18/12/2019

Bristol Community Energy Limited

Ceased 01/11/2025

Chelwood Community Energy Limited

Ceased 01/11/2025

CompanyRankvs 4223+ SIC 35110 peers
33

Financial strength20th percentile among SIC peers · 5/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.95× · 6/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength5/25 pts

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

Employees0/15 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.

Longevity7/15 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 31/03/2025

Net Worth

-£63

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

-£63

Working capital

Current Assets

£1k

Current Liabilities

£1k

Admin Expenses

£3k

Operating Profit

-£3k

Profit After Tax

-£3k

Tax at Year End(2023)

VAT£2k

Balance Sheet

Assets less current liabilities-£63
Signed by Damon Rand 20/04/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.95
20248.20-£105k
20238.33-£5k£30k
20223.12-£132£30k
20212.81-£370£223k
2020145.36

Derived from filed accounts. Not audited figures.