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Space Solar Engineering Limited

14588523

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

2 Communications Road, Greenham Business Park, Newbury, RG19 6AB
Incorporated 12/01/2023

Compliance

Last accounts

31/12/2025

total exemption full

Next accounts due

30/09/2027

On track

Confirmation statement

Last: 10/01/2026

Due 24/01/2027

On track

Industry

30300
Manufacture of air and spacecraft and related machinery
72190
Other research and experimental development on natural sciences and engineering

Officers

Dr Samuel Adlen

director · Since 12/01/2023

CHIEF STRATEGY OFFICER

BRITISH · ENGLAND · Age 49

Also on 3 other boards

Mr Martin Henry David Soltau

director · Since 12/01/2023

CHIEF EXECUTIVE

BRITISH · ENGLAND · Age 65

Also on 3 other boards

Samuel Adlen

director · Since 12/01/2023

British · England · Age 49

Martin Henry David Soltau

director · Since 12/01/2023

British · England · Age 65

Persons with Significant Control

Space Solar Group Holdings Limited

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

2, Communications Road, Newbury, RG19 6AB

Reg: 14542128 · Uk Register Of Companies · Private Company Limited By Shares

Notified 12/01/2023

Change History

officer appointedADLEN, Samuel, Dr
2026-06-06
officer appointedSOLTAU, Martin Henry David
2026-06-06
statusactive
2026-06-06

Active

typeltd
2026-06-06

Private Limited Company

address line12 Communications Road
2026-06-06

2 COMMUNICATIONS ROAD

post townNewbury
2026-06-06

NEWBURY

CompanyRankvs 430+ SIC 30300 peers
72

Financial strength90th percentile among SIC peers · 23/25
Employees75th percentile among SIC peers · 11/15
LiquidityCurrent ratio 2.2× · 20/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength23/25 pts

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

Employees11/15 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.

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.

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

£665k

Balance sheet strength

Cash

£107k

Cash in the bank

Net Current Assets

£661k

Working capital

Current Assets

£1.2M

Current Liabilities

£553k

Fixed Assets

£4k

Debtors

£1.1M

2avg. employees+2

Balance Sheet

Assets less current liabilities£665k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20242.20-£232k
20238.73

Derived from filed accounts. Not audited figures.