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Evergen Power Ltd

14581928

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)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

UNIT 1-4,, MAIDENHEAD, SL6 1BR
Incorporated 10/01/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Mr Ranjit Singh Sidhu

director · Since 10/01/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 43

Also on 5 other boards

Mr Sukhbir Singh Sidhu

director · Since 10/01/2023

COMPANY DIRECTOR

SINGAPOREAN · UNITED KINGDOM · Age 71

Also on 10 other boards

Persons with Significant Control

Evergen Group Ltd

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

178 Buckingham Avenue, Slough, SL1 4RD

Reg: 14571609 · Companies House · Private Limited Company

Notified 10/01/2023

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 20/02/2024Registered 21/02/2024

CompanyRankvs 22131+ SIC 71129 peers
11

Financial strength5th percentile among SIC peers · 1/25
Employees65th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.01× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength1/25 pts

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

Employees10/15 pts

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

Liquidity2/20 pts

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

Longevity3/15 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

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 30/11/2024

Net Worth

-£16k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£16k

Working capital

Current Assets

£100

Current Liabilities

£17k

Debtors

£100

2avg. employees

Balance Sheet

Assets less current liabilities-£16k
Signed by Mr Ranjit Sidhu 28/11/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.01

Derived from filed accounts. Not audited figures.