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Solarex Construction Ltd

14103713

active
ltd
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

Unit 1 198 Windsor Road, Ilford, IG1 1HE
Incorporated 12/05/2022

Compliance

Last accounts

31/05/2025

total exemption full

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 11/05/2026

Due 25/05/2027

On track

Industry

41201
Construction of commercial buildings
41202
Construction of domestic buildings

Officers

Mr Amrik Singh Panesar

secretary · Since 12/05/2022

Also on 8 other boards

Mr Amrik Singh Panesar

director · Since 12/05/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 8 other boards

Amrik Singh Panesar

secretary · Since 12/05/2022

Amrik Singh Panesar

director · Since 12/05/2022

British · England · Age 58

Persons with Significant Control

Mr Amrik Singh Panesar

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

British · England · Age 58

Unit 1, 198, Windsor Road, Ilford, IG1 1HE

Notified 12/05/2022

Change History

statusactive
2026-06-28

Active

typeltd
2026-06-28

Private Limited Company

address line1Unit 1 198 Windsor Road
2026-06-28

UNIT 1

post townIlford
2026-06-28

ILFORD

CompanyRankvs 5096+ SIC 41201 peers
69

Financial strength70th percentile among SIC peers · 18/25
Employees79th percentile among SIC peers · 12/15
LiquidityCurrent ratio 2.38× · 20/20
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 strength18/25 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.

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 31/05/2025

Net Worth

£25k

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

£15k

Working capital

Current Assets

£106k

Current Liabilities

£45k

Fixed Assets

£10k

Debtors

£15k

3avg. employees

Balance Sheet

Assets less current liabilities£25k

EstimatesDerived

YearCurrent RatioImplied Profit
20252.38+£0
20252.38-£235
20241.17-£16k
20231.32

Derived from filed accounts. Not audited figures.