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Solarrate Limited

13045443

active
Private Limited Company
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

SUITE G04, LONDON, WC2A 1HR
Incorporated 26/11/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

35110
Production of electricity

Officers

Ms Abolaji Adesanya

director · Since 26/11/2020

CHARTERED ENGINEER

BRITISH · ENGLAND · Age 56

Persons with Significant Control

Ms Abolaji Adesanya

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

British · England · Age 56

Suite G04, 1 Quality Court, Chancery Lane, London, WC2A 1HR

Notified 26/11/2020

CompanyRankvs 3386+ SIC 35110 peers
36

Financial strength13th percentile among SIC peers · 3/25
Employees66th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.3× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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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.

Employees10/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/11/2025

Turnover

£52k

Annual revenue

Net Worth

-£28k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£28k

Working capital

Current Assets

£12k

Current Liabilities

£40k

Fixed Assets

£0

Profit After Tax

-£28k

1avg. employees

Balance Sheet

Depreciation£0
Assets less current liabilities-£28k
Signed by 1.12.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20250.30-£32k
20240.67+£175k
20230.78-£116k
20220.00-£15k
20210.92

Derived from filed accounts. Not audited figures.