GE RENEWABLE UK (HOLDINGS) LTD

1 BRIDGEWATER PLACE, WATER LANE, LEEDS, WEST YORKSHIRE, LS11 5QR

Previous name: ALSTOM RENEWABLE UK (HOLDINGS) LIMITED (changed on 08-Dec-2017)

Company Number: 08713762
Incorporation date: 01-Oct-2013
Status: Liquidation
Entity type: Private Limited Company

SIC codes:
35120 Transmission of electricity





SUMMARY

This company is 10.5 years old and is currently liquidation. It is controlled by General Electric Company. The company has negative equity (net assets) of GBP -22.1 million but has improved from GBP -23.5 million in the previous year. The latest reported revenue figure is GBP 8.6 million which is down -390% on the previous year. Retained earnings is negative (GBP -66.7 million), which means the company has aggregate losses since it's inception or it has paid more dividends than it can afford; given the company's age, this is a sign of serious financial problems. The company has 2 active officers (directors or partners) who are or were officers of 4 other companies, 1 (25.0%) of which have since been dissolved or are proposed for strike off. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.


FINANCIALS (BETA)

Next accounts due: 30-Jun-2021
Accounts Filed: FULL (31-Dec-2018)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
31-Dec-2018 GBP 8,558,000 223,000 116,000 107,000
31-Dec-2017 GBP -2,985,000 -12,754,000 10,000 -12,764,000
31-Dec-2016 GBP -12,018,000 423,000 -12,441,000


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Dec-2018 GBP 248,000 13,843,000 35,973,000 55,500,000 -66,737,000 -22,130,000
31-Dec-2017 GBP 4,525,000 19,951,000 316,000 55,500,000 -68,069,000 -23,462,000
31-Dec-2016 GBP 55,500,000 -55,305,000 195,000

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
Insufficient available data for calculating valuations.

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
Active OAKWOOD CORPORATE SECRETARY LIMITED 27 Sep 2019 28 Mar 2024 1407 - 1243
Resigned Zahra PEERMOHAMED 04 May 2016 19 Jul 2018 0 - 42
Resigned Iain Graham Ross MACDONALD 01 Oct 2013 04 May 2016 0 - 1

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Michael DONNELLY 13 Jun 2019 Ehs Manager British 2 - 22 (50.0%)
Resigned? Richard Paul HUXLEY 17 Oct 2018 Sales Director British 1 - 11 (50.0%)
Active Andrew James STEEPLES 28 Mar 2018 Director British 3 - 01 (33.3%)
Resigned Andrew John WOODHOUSE 06 Jul 2017 29 Mar 2018 Director British 0 - 52 (40.0%)
Resigned Simon David MAYCOCK 14 Nov 2016 03 Apr 2017 Director British 2 - 41 (16.7%)
Resigned Jason Paul WELCH 11 Jul 2016 31 May 2019 Services Director British 0 - 51 (20.0%)
Resigned Mark Edward Monckton ELBORNE 11 Jan 2016 28 Nov 2017 Business Executive British 3 - 163 (15.8%)
Resigned Mark William STEADMAN 19 Jan 2015 08 Jul 2016 Human Resources Director British 1 - 125 (38.5%)
Resigned Stuart James Robert MACLEOD 10 Dec 2014 01 Dec 2015 Finance Director British 20 - 213 (7.3%)
Resigned Iain Graham Ross MACDONALD 01 Oct 2013 26 May 2016 Solicitor British 3 - 3512 (31.6%)
Resigned Bruce Henry BALL 01 Oct 2013 19 May 2015 Vp Human Resources Canadian 0 - 72 (28.6%)
Resigned Terence Stuart WATSON 01 Oct 2013 01 Dec 2015 Managing Director British 0 - 382 (5.3%)
Resigned Robert Michael PURCELL 01 Oct 2013 10 Dec 2014 Finance Director British 6 - 239 (31.0%)
Number of active directors: 2
Average tenure of active directors: 8.1 years
Average tenure of resigned directors: 1.5 years
Average active director Dissolution Rate: 41.7%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
GE ENERGY (UK) LIMITED (00123550) - Active
GE BOVING HIMACHAL PRADESH LIMITED (03147914) - Active
GE RENEWABLE UK (HOLDINGS) LTD (08713762) - Liquidation
DONENERGI LIMITED (11225983) - Dissolved
WIND TURBINE ENGINEERING UK LIMITED (12712782) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2017-10-102015-10-012014-10-01
GE RENEWABLES INTERNATIONAL B.V.ORDINARY55,500,000
100%
0
0%
0
0%
ALSTOM B.VORDINARY0
0%
32,000,000
100%
0
0%
ALSTOM RENEWABLE HOLDING BVORDINARY0
0%
0
0%
32,000,000
100%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

GE RENEWABLE UK (HOLDINGS) LTD

no controlled companies

LATE PAYMENTS REPORT


This company has not filed any late payment reports possibly because it is not considered \'Large\'.

COURT CASES


No Court Cases found

PATENTS


No Patents found

COMPETITORS

(Based on Sic code: 35120 Transmission of electricity)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
SCOTTISHPOWER ENERGY MANAGEMENT LIMITED 320 ST. VINCENT STREET, GLASGOW, SCOTLAND, G2 5AD SC215843 2017-12-31 5,248,300,000 -25,800,000 35220-Distribution of gaseous fuels through mains
NATIONAL GRID ELECTRICITY TRANSMISSION PLC 1 - 3 STRAND, LONDON, WC2N 5EH 02366977 2018-03-31 4,158,000,000 689,000,000
SCOTTISHPOWER ENERGY RETAIL LIMITED 320 ST. VINCENT STREET, GLASGOW, SCOTLAND, G2 5AD SC190287 2017-12-31 3,770,100,000 -14,800,000 35220-Distribution of gaseous fuels through mains
NPOWER NORTHERN LIMITED C/O NPOWER LIMITED, WESTWOOD WAY, WESTWOOD BUSINESS PARK, COVENTRY, ENGLAND, CV4 8LG 03432100 2017-12-31 1,889,000,000 -104,000,000
SP TRANSMISSION PLC 320 ST. VINCENT STREET, GLASGOW, SCOTLAND, G2 5AD SC189126 2017-12-31 338,100,000 149,100,000
SCOTTISH HYDRO ELECTRIC TRANSMISSION PLC INVERALMOND HOUSE, 200 DUNKELD ROAD, PERTH, PH1 3AQ SC213461 2018-03-31 325,800,000 131,100,000
NORTHERN IRELAND ELECTRICITY NETWORKS LIMITED 120 MALONE ROAD, BELFAST, BT9 5HT NI026041 2018-12-31 275,800,000 55,000,000 35130-Distribution of electricity
NPOWER YORKSHIRE LIMITED C/O NPOWER LIMITED, WESTWOOD WAY, WESTWOOD BUSINESS PARK, COVENTRY, ENGLAND, CV4 8LG 03937808 2017-12-31 151,379,000 -23,613,000
BRITNED DEVELOPMENT LIMITED 1-3 STRAND, LONDON, WC2N 5EH 04251409 2017-12-31 145,700,000 89,800,000
NATIONAL GRID INTERCONNECTORS LIMITED 1-3 STRAND, LONDON, WC2N 5EH 03385525 2018-03-31 86,753,000 52,920,000
ENEL X UK LIMITED EPWORTH HOUSE, 25 CITY ROAD, LONDON, ENGLAND, EC1Y 1AA 06937931 2017-12-31 5,059,469 0 46180-Agents specialized in the sale of other particular products
HARGRAVE CONSULTING LIMITED 2 CROSSFIELDS, ST. ALBANS, HERTFORDSHIRE, AL3 4NF 04245286 2017-12-31 175,335 0 42220-Construction of utility projects for electricity and telecommunications
PRO-FIT CONTRACTORS LTD 76 LEATFIELD DRIVE, DERRIFORD, PLYMOUTH, UNITED KINGDOM, PL6 5HL 09488934 2018-03-31 168,456 0
CHRIS HEZLETT LTD SUITE 3 GRAPES HOUSE, 79A HIGH STREET, ESHER, ENGLAND, KT10 9QA 08423711 2018-02-28 94,719 0
SCARLETTE HAZE LTD 15 ESSENDINE ROAD, MAIDA VALE, LONDON, W9 2LT 08485909 2018-04-30 23,352 0
FS PORT OF TYNE LIMITED C/O GRESHAM HOUSE ASSET MANAGEMENT LIMITED, 5 NEW STREET SQUARE, LONDON, ENGLAND, EC4A 3TW 10272711 2018-10-31 0 0 35130-Distribution of electricity
42220-Construction of utility projects for electricity and telecommunications
96090-Other service activities not elsewhere classified
HERITAGE ENERGY LIMITED 31B ENTERPRISE WAY ENTERPRISE WAY, THORNTON ROAD INDUSTRIAL ESTATE, PICKERING, NORTH YORKSHIRE, YO18 7NA 07338760 2018-08-31 0 0
KUBON LIMITED 1 ROSEGARTH, SLYNE, LANCASTER, LA2 6AT 09107737 2018-06-30 0 0

LIQUIDATION RISK (BETA)



This company is Liquidation. Statistically, such companies have a VERY HIGH probability of being liquidated within a year.
Here are our probability predictions:
Basis Liquidation within 3 months Liquidation within 6 months Liquidation within 12 months Prediction confidence
Company status 100.0% 99.4% 99.9% High
Other companies Active in the same sector Too few competitors
Age 0.4% 1.7% 3.3% Medium
Company Type 0.7% 3.7% 7.4% Medium
Accounts category 0.7% 2.2% 3.8% Medium
Accounting Month 0.6% 2.4% 5.5% Medium
Sic code count 0.7% 3.5% 7.0% Medium
Do you have a dispute with a business?
Make it public