Back to search

Selms Muir Energy Centre Limited

12009866

active
Private Limited Company
england wales
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

MILLHOUSE 32-38 EAST STREET, ESSEX, SS4 1DB
Incorporated 21/05/2019

Compliance

Last accounts

31/12/2024

small

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 20/05/2026

Due 03/06/2027

On track

Industry

35110
Production of electricity

Officers

Mr Andrew Newman

director · Since 19/05/2021

DIRECTOR

BRITISH · ENGLAND · Age 55

Mr Thorvald Spanggaard

director · Since 07/10/2021

PROJECT DIRECTOR

DANISH · DENMARK · Age 51

Also on 18 other boards

Persons with Significant Control

Rivington Solar Limited

25–50% shares
25–50% votes

20, Central Avenue, Norwich, NR7 0HR

Reg: 12352202 · Register Of Companies · Limited Company

Notified 19/05/2021

European Energy Uk Limited

25–50% shares
50–75% votes

1st Floor, 9 George Square, Glasgow, G2 1QQ

Reg: 654925 · Companies House · Limited By Shares

Notified 22/09/2021

Former PSCs

Dr Stephen William Mahon

Ceased 22/05/2019

Armstrong Capital Management Limited

Ceased 30/11/2020

Rivington Energy Limited

Ceased 19/05/2021

Charges1 outstanding

Charge
outstanding

EUROPEAN ENERGY A/S

Created 25/10/2021Registered 01/11/2021

CompanyRankvs 1954+ SIC 35110 peers
38

Financial strength13th percentile among SIC peers · 3/25
Employees22th percentile among SIC peers · 3/15
LiquidityCurrent ratio 9.42× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength3/25 pts

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

Employees3/15 pts

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

Liquidity20/20 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.

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 31/12/2024

Net Worth

-£23k

Balance sheet strength

Cash

£48k

Cash in the bank

Net Current Assets

£44k

Working capital

Current Assets

£49k

Current Liabilities

£5k

Fixed Assets

£344k

Debtors

£641

0avg. employees

Balance Sheet

Intangible assets£344k
Assets less current liabilities£388k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20249.42-£4k
20237.83-£6k
20224.91-£9k
20210.66

Derived from filed accounts. Not audited figures.