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Mangrove Energy Limited

14371111

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

128 CITY ROAD, LONDON, EC1V 2NX
Incorporated 22/09/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

35140
Trade of electricity

Officers

Mr Damien Fogg

director · Since 22/09/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 44

Also on 2 other boards

Mr Roger Andrew Thornton

director · Since 22/09/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 38

Also on 1 other board

Persons with Significant Control

Mr Damien Fogg

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 44

128, City Road, London, EC1V 2NX

Notified 22/09/2022

Mr Roger Andrew Thornton

25–50% shares
25–50% votes

British · United Kingdom · Age 38

2, Rathmore Road, Cambridge, CB1 7AD

Notified 22/09/2022

CompanyRankvs 516+ SIC 35140 peers
64

Financial strength89th percentile among SIC peers · 22/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 7.95× · 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 strength22/25 pts

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

Employees3/15 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 30/09/2024

Net Worth

£138k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£138k

Working capital

Current Assets

£158k

Current Liabilities

£20k

0avg. employees

Balance Sheet

Assets less current liabilities£138k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20247.95+£146k
20230.03—

Derived from filed accounts. Not audited figures.