Gcp Geothermal Funding 1 Limited
12190958
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/03/2024
small
Next accounts due
31/03/2026
Confirmation statement
Last: 31/05/2025
Due 14/06/2026
Industry
Officers
director · Since 05/09/2019
DIRECTOR
BRITISH · UNITED KINGDOM · Age 41
Also on 46 other boards
director · Since 05/09/2019
DIRECTOR
BRITISH · UNITED KINGDOM · Age 56
Also on 51 other boards
director · Since 08/12/2023
ACCOUNTANT
BRITISH · UNITED KINGDOM · Age 45
Also on 68 other boards
director · Since 31/12/2025
BRITISH · UNITED KINGDOM · Age 45
Also on 79 other boards
Persons with Significant Control
Gravis Geothermal Holdings 1 Limited
24, Savile Row, London, W1S 2ES
Reg: 12190975 · Companies House · Private Limited Company
Notified 10/05/2024
Former PSCs
Gcp Intermediary Holdings Limited
Ceased 10/05/2024
Charges1 outstanding
GRAVIS CAPITAL PARTNERS LLP
CompanyRankvs 95469+ SIC 82990 peers27
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
significant project risks persist, and the projections supporting the Company's ability to repay its borrowings remain uncertain. This gives rise to a material uncertainty with respect to going concern. To support the going concern basis of preparation, the Directors draw attention to a letter of support received from the Company's lender confirming their intention not to demand repaym
Key FinancialsYear ending 31/03/2024
Net Worth
-£7k
Balance sheet strength
Cash
£165
Cash in the bank
Net Current Assets
£9.5M
Working capital
Current Assets
£9.5M
Current Liabilities
£7k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1420.95 | +£7k |
| 2023 | 1281.73 | -£145 |
| 2022 | 455.24 | -£7k |
| 2021 | 620.06 | — |
Derived from filed accounts. Not audited figures.