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Bubney Energy Centre Limited

12647183

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

80 STRAND, LONDON, WC2R 0DT
Incorporated 05/06/2020

Compliance

Last accounts

30/09/2024

small

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 15/10/2025

Due 29/10/2026

On track

Industry

35110
Production of electricity

Officers

Mr Stephen Richards Daniels

director · Since 08/12/2023

HEAD OF INVESTMENTS

BRITISH · ENGLAND · Age 45

Also on 176 other boards

Mr Edward William Mole

director · Since 08/12/2023

DIRECTOR

BRITISH · ENGLAND · Age 42

Also on 325 other boards

Mr Elliot Mark Tegerdine

director · Since 08/12/2023

DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 40 other boards

Persons with Significant Control

Elm Solar Holdings Limited

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

80, Strand, London, WC2R 0DT

Notified 08/12/2023

Former PSCs

Rivington Solar Limited

Ceased 26/10/2022

European Energy Uk Limited

Ceased 08/12/2023

Charges0 outstanding

Charge
satisfied

EUROPEAN ENERGY A/S

Created 02/11/2020Registered 12/11/2020Satisfied 29/07/2023

CompanyRankvs 11820+ SIC 35110 peers
47

Financial strength14th percentile among SIC peers · 4/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 654.89× · 20/20
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 strength4/25 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.

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.

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

it is unlikely that the new owners would purchase the company without having the necessary funding in place, the directors cannot be certain of this. Hence there is material uncertainty over the going concern of the company. Page 2 BUBNEY ENERGY CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 2. Accounting policies (continued) 2.3 Foreign currency translation F

Key FinancialsYear ending 31/12/2022

Net Worth

-£20k

Balance sheet strength

Cash

£49k

Cash in the bank

Net Current Assets

£3.9M

Working capital

Current Assets

£3.9M

Current Liabilities

£6k

Fixed Assets

£20.1M

Debtors

£3.8M

2avg. employees

Balance Sheet

Intangible assets£392k
Assets less current liabilities£24.0M
Prepared with Caseware UK (AP4) 2022.0.179

EstimatesDerived

YearCurrent RatioImplied Profit
2022654.89-£6k
20211.86-£7k
20202.75

Derived from filed accounts. Not audited figures.