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Solar-Tech Renewables Ltd.

13869204

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

UNIT 15 SPACE2WORK WARMINSTER, WARMINSTER, BA12 8GL
Incorporated 24/01/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Graham Russell

director · Since 24/01/2022

ELECTRICIAN

ENGLISH · ENGLAND · Age 44

Mrs Annamaria Davies

secretary · Since 07/06/2023

Mr David Bruce Reed

director · Since 07/06/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 17 other boards

Persons with Significant Control

Mr Graham Russell

25–50% shares
25–50% votes

English · England · Age 44

Unit 15, Space2work Warminster, Warminster, BA12 8GL

Notified 24/01/2022

Bauer Group Limited

25–50% shares
25–50% votes

Chappell House, The Green, Datchet, SL3 9EH

Reg: 03168464 · Register Of Companies For England And Wales · Private Company Limited By Shares

Notified 07/06/2023

CompanyRankvs 36023+ SIC 43210 peers
37

Financial strength3th percentile among SIC peers · 1/25
Employees76th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.56× · 6/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees11/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

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

Longevity4/15 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 31/12/2024

Net Worth

-£27k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£14k

Working capital

Current Assets

£29k

Current Liabilities

£52k

Fixed Assets

£2k

3avg. employees-1

Balance Sheet

Assets less current liabilities-£12k
Prepared with Sage Accounts Production 24.0 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20240.56+£6k
20230.48-£51k
20233.38

Derived from filed accounts. Not audited figures.