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Solarcatcher (1) Limited

14346592

active
Private Limited Company
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

71-75 SHELTON STREET, LONDON, WC2H 9JQ
Incorporated 09/09/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64303
Activities of venture and development capital companies

Officers

Mr Neil David Gething

director · Since 09/09/2022

DIRECTOR

BRITISH · ENGLAND · Age 65

Persons with Significant Control

Solarcatcher Holdco Limited

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

Net Zero Place, Risby, Bury St. Edmunds, IP28 6HH

Reg: 14696429 · Registrar Of Companies For England And Wales · Limited By Shares

Notified 01/03/2023

Former PSCs

Grid 2.0 Ltd

Ceased 01/03/2023

Charges1 outstanding

Charge
outstanding

GRAVIS CAPITAL MANAGEMENT LTD

Created 30/05/2023Registered 30/05/2023

CompanyRankvs 1237+ SIC 64303 peers
26

Financial strength8th percentile among SIC peers · 2/25
Employees32th percentile among SIC peers · 5/15
LiquidityCurrent ratio 2.51× · 20/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength2/25 pts

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

Employees5/15 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.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

DER SECTION 444(5B) OF THE COMPANIES ACT 2006 The Report of the auditors was qualified on the following basis: Basis for Qualified opinion There is material uncertainty as to whether the company is a going concern. The company is breach of its obligations under its principal loan with Gravis Solar EV Limited because: (i) it has failed to meet its reporting and information provision obligations; (i

Key FinancialsYear ending 30/09/2024

Net Worth

-£27k

Balance sheet strength

Cash

£365k

Cash in the bank

Net Current Assets

£243k

Working capital

Current Assets

£405k

Current Liabilities

£161k

Fixed Assets

£275k

Debtors

£40k

0avg. employees

Balance Sheet

Assets less current liabilities£518k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.51-£43k
20230.52

Derived from filed accounts. Not audited figures.