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Albireo Energy International Limited

13350872

active
Private Limited Company
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)
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)

Details

SWIFT HOUSE, GROUND FLOOR, CHELMSFORD, CM1 1GU
Incorporated 22/04/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Larry Greg Wash

director · Since 15/05/2023

DIRECTOR

AMERICAN · UNITED STATES · Age 65

Brad Freeman

director · Since 27/03/2024

DIRECTOR

AMERICAN · UNITED STATES · Age 61

Also on 3 other boards

Mr Nigel John Fowler

director · Since 22/04/2024

DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 4 other boards

Persons with Significant Control

Albireo Energy Llc

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

126, Sandy Drive, Newark, 19713

Notified 21/04/2022

CompanyRankvs 41668+ SIC 43210 peers
13

Financial strength0th percentile among SIC peers · 0/25
Employees8th percentile among SIC peers · 1/15
LiquidityCurrent ratio 0.46× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees1/15 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.

Longevity5/15 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

misstatement, whether due to fraud or error. In preparing the financial statements , the directors are responsible for assessing the Group's and the parent Company 's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the Group or the parent Compa

Key FinancialsYear ending 31/12/2024

Turnover

£13.9M

Annual revenue

Net Worth

-£2.7M

Balance sheet strength

Cash

£1.4M

Cash in the bank

Profit Before Tax

-£898k

Bottom line earnings

Net Current Assets

-£11.0M

Working capital

Current Assets

£6.1M

Current Liabilities

£13.2M

Fixed Assets

£8.4M

Debtors

£4.7M

Cost of Sales

£10.0M

Gross Profit

£3.9M

Admin Expenses

£4.4M

Operating Profit

-£525k

Profit After Tax

-£1.0M

0avg. employees-5

Balance Sheet

Intangible assets£4.4M
Assets less current liabilities-£2.7M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20240.46-£1.0M
2024-£110k

Derived from filed accounts. Not audited figures.