Megan Renewable Installations Limited
13514274
Healthy
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/10/2024
total exemption full
Next accounts due
31/07/2026
Confirmation statement
Last: 16/07/2025
Due 30/07/2026
Industry
Officers
director · Since 16/07/2021
DIRECTOR
BRITISH · UNITED KINGDOM · Age 61
Also on 3 other boards
director · Since 01/06/2025
OPERATIONS MANAGER
BRITISH · ENGLAND · Age 56
Also on 1 other board
director · Since 14/02/2026
BRITISH · ENGLAND · Age 58
Also on 2 other boards
Mr David Thomas Davies
director · Since 29/06/2026
BRITISH · ENGLAND · Age 44
Persons with Significant Control
Mr Gerald John Ley
British · United Kingdom · Age 61
Unit 4, Blackbushe Business Park, Yateley, GU46 6GA
Notified 16/07/2021
CompanyRankvs 6363+ SIC 43220 peers60
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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
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are d
Key FinancialsYear ending 31/10/2025
Net Worth
£792k
Balance sheet strength
Cash
£5.6M
Cash in the bank
Profit Before Tax
£1.4M
Bottom line earnings
Net Current Assets
£696k
Working capital
Current Assets
£7.9M
Current Liabilities
£7.2M
Fixed Assets
£133k
Debtors
£2.3M
Cost of Sales
£8.1M
Admin Expenses
£1.4M
Profit After Tax
£1.0M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.10 | +£55k |
| 2024 | 1.08 | +£335k |
| 2023 | 1.06 | — |
Derived from filed accounts. Not audited figures.