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United Downs Lithium Limited

14461498

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

UNITED DOWNS INDUSTRIAL ESTATE, REDRUTH, TR16 5HY
Incorporated 04/11/2022

Compliance

Last accounts

31/12/2025

micro entity

Next accounts due

30/09/2027

On track

Confirmation statement

Last: 10/08/2025

Due 24/08/2026

On track

Industry

07290
Mining of other non-ferrous metal ores
20130
Manufacture of other inorganic basic chemicals

Officers

Mr Ryan Law

director · Since 04/11/2022

DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 9 other boards

Mr Matthew Thomas Clayton

director · Since 08/03/2023

DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 49 other boards

Andre An-Chun Cheng

director · Since 30/04/2024

DIRECTOR

AMERICAN · HONG KONG · Age 38

Simon James Ellison

secretary · Since 27/08/2025

Mr Jules Van Limborgh

director · Since 27/08/2025

DIRECTOR

DUTCH · ENGLAND · Age 67

Also on 7 other boards

Persons with Significant Control

Geothermal Engineering Limited

25–50% shares
ownership-of-shares-75-to-100-percent-as-firm
25–50% votes
voting-rights-75-to-100-percent-as-firm
Appoint directors

United Downs Industrial Estate, St Day, Redruth, TR16 5HY

Reg: 06663174 · Uk Register Of Companies · Private Company Limited By Shares

Notified 04/11/2022

Former PSCs

Thrive Renewables Plc

Ceased 27/08/2025

Cx Geothermal Limited

Ceased 27/08/2025

Charges1 outstanding

Charge
outstanding

ABN AMRO HYBRID CAPITAL B.V.

Created 07/04/2026Registered 09/04/2026

CompanyRankvs 1250+ SIC 07290 peers
32

Financial strength2th percentile among SIC peers · 1/25
Employees39th percentile among SIC peers · 6/15
LiquidityCurrent ratio 1.63× · 16/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees6/15 pts

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

Liquidity16/20 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

Outstanding charges: -10 pts

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

-£724k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£159k

Working capital

Current Assets

£409k

Current Liabilities

£251k

Fixed Assets

£638k

0avg. employees

Balance Sheet

Assets less current liabilities£796k
Signed by 1.1.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20241.63-£191k
20230.00

Derived from filed accounts. Not audited figures.