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Lower Mays Solar Farm Limited

12525517

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

1ST FLOOR, BRISTOL, BS1 4PB
Incorporated 19/03/2020

Compliance

Last accounts

30/06/2024

full

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 19/03/2026

Due 02/04/2027

On track

Industry

35110
Production of electricity

Officers

Mr Neil Anthony Wood

director · Since 06/10/2020

FINANCE DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 264 other boards

Mr Marius Biedka

director · Since 18/07/2024

HEAD OF PROJECT DELIVERY

BRITISH · ENGLAND · Age 34

Also on 23 other boards

Persons with Significant Control

New Road Solar Limited

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

2nd Floor 2 City Place, Beehive Ring Road, England, RH6 0PA

Reg: 09940547 · England And Wales · Private Company Limited By Shares

Notified 06/10/2020

Former PSCs

Lightrock Power Limited

Ceased 06/10/2020

CompanyRankvs 3061+ SIC 35110 peers
27

Financial strength6th percentile among SIC peers · 2/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.25× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength2/25 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.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity6/15 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

United Kingdom Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; • assess the Company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern; and • use the going concern basis of accounting unless they intend to liquidate the Company or to cease operations, or have

Key FinancialsYear ending 30/06/2024

Net Worth

-£350k

Balance sheet strength

Cash

£48k

Cash in the bank

Net Current Assets

-£350k

Working capital

Current Assets

£114k

Current Liabilities

£464k

Debtors

£67k

Profit After Tax

-£62k

2avg. employees
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent Ratio
20240.25

Derived from filed accounts. Not audited figures.