WELINK ENERGY (U.K.) LIMITED

3 HARDMAN SQUARE, SPINNINGFIELDS, MANCHESTER, M3 3EB

Company Number: 08905326
Incorporation date: 20-Feb-2014
Status: Active
Entity type: Private Limited Company

SIC codes:
42220 Construction of utility projects for electricity and telecommunications

SUMMARY

This company is 11.3 years old and is currently active. It is controlled by multiple entities. No P&L financials are available but there is Balance Sheet data. The company has negative equity (net assets) of GBP -41.2 million which has worsened since the previous year's figure of GBP -41 million. Although the P&L is not published, we can infer from the Balance Sheet that Net Loss was GBP 203.7 thousand in the last reported period. The company is both loss making and has negative equity, it is therefore likely to go bankrupt unless it can raise funding or business has improved since the last accounts were filed. Retained earnings is negative (GBP -41.2 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 24 other companies. 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-Sep-2025
Accounts Filed: SMALL (31-Dec-2023)

P&L Financials:

Year end	Currency	Revenue	Operating profit	Interest Received	Interest Paid	Tax	Net Profit GBP
31-Dec-2020	GBP	3,727,115	-1,532,160	99,897	3,639,904	-34,895	-5,037,272
31-Dec-2019	GBP	11,232,020	-13,429,971	70,269	3,360,160	3,153	-16,723,015
31-Dec-2018	GBP	20,606,427	-4,252,737	244,213	6,913,971	45,387	-10,967,882
31-Dec-2017	GBP	12,840,000	1,226,154	4	1,511,610	-44,629	-240,823
31-Dec-2016	GBP	20,882,156	195,075	216	20,246	30,608	144,437
31-Dec-2015	GBP	8,722,529	191,762		3,893	40,742	147,127

No P&L data available

Balance Sheet Financials:

Year end	Currency	Cash	Current Assets	Current Liabilities	Debt	Share Capital	Retained Earnings	Net Assets
31-Dec-2023	GBP	736,397	62,917,743	69,396,752		1,000	-41,224,518	-41,223,518
31-Dec-2022	GBP	778,281	72,203,140	77,060,035		1,000	-41,020,863	-41,019,863
31-Dec-2021	GBP	52,619	94,302,618	95,462,155		1,000	-37,323,937	-37,322,937
31-Dec-2020	GBP	19,720	67,723,144	78,111,255		1,000	-32,569,288	-32,568,288
31-Dec-2019	GBP	11,489	58,956,281	68,024,936		1,000	-27,532,016	-27,531,016
31-Dec-2018	GBP	5,828	51,378,228			1,000	-10,809,001	-10,808,001
31-Dec-2017	GBP	15,706	47,690,159	8,808		1,000	158,881	159,881
31-Dec-2016	GBP	131,908	34,046,044		14,515	1,000	399,704	400,704
31-Dec-2015	GBP	276,543	8,864,935	8,622,584	24,382	1,000	255,267	256,267
28-Feb-2015	GBP	905,924	4,053,097	3,961,040	31,266	1,000	108,140	109,140
19-Feb-2014	GBP

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)
Resigned	Valentine O'SULLIVAN	22 Apr 2015	30 Nov 2018			0 - 1

DIRECTORS

Status	Name	Appointed on	Resigned on	Occupation	Nationality	All appointments (active/resigned)	Dissolved companies (rate)
Resigned	John MURPHY	06 Jul 2020	06 Sep 2021	Director	British	2 - 22	7 (29.2%)
Resigned	Valentine O'SULLIVAN	06 Jan 2016	30 Nov 2018	Financial Controller	Irish	0 - 12	0 (0.0%)
Resigned	Valentine O'SULLIVAN	06 Jan 2016	30 Nov 2018	Financial Controller	Irish	0 - 13	0 (0.0%)
Resigned	Angelo PRETE	01 Oct 2015	30 Nov 2016	Coo	Italian	0 - 1	0 (0.0%)
Active	Barry Michael O'NEILL	31 Mar 2014		Ceo	Irish	7 - 0	0 (0.0%)
Active	Barry Michael O'NEILL	31 Mar 2014		Ceo	Irish	25 - 1	0 (0.0%)
Resigned	Colleen Elinor BOND	20 Feb 2014	13 Oct 2015	Business Support Consultant	South African	0 - 5	0 (0.0%)

Number of active directors: 2
Average tenure of active directors: 11.2 years
Average tenure of resigned directors: 2.0 years
Average active director Dissolution Rate: 0.0%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name	Barry Michael O'NEILL	Barry Michael O'NEILL
WELINK ENERGY (U.K.) LIMITED (08905326) - Active	✔	✔
WELINK ENERGY INVESTMENTS (U.K.) LIMITED (09231330) - Active	✔	✔
WELINK ENERGY SERVICES (U.K.) LIMITED (09231545) - Active	✔	✔
WELINK ENERGY HOLDINGS (U.K.) LIMITED (09239482) - Active	✔	✔
GREEN TOWN (HEARTLANDS) LIMITED (09938922) - Active		✔
GREENTOWN HOUSING (UK) LIMITED (10235541) - Active	✔	✔
GREENTOWN HOLDINGS (UK) LIMITED (10263320) - Active	✔	✔
GREENTOWN INVESTMENTS (UK) LIMITED (10266611) - Active		✔
GREENTOWN BERKELEY LIMITED (10269746) - Active	✔	✔
WELINK ENERGY ITALY (UK) HOLDINGS LIMITED (10842556) - Active		✔
WELINK ENERGY PORTUGAL (UK) LIMITED (10844587) - Active		✔
WELINK ENERGY PORTUGAL 2 (UK) LIMITED (10848954) - Active		✔
WELINK ENERGY INVESTMENTS PORTUGAL (UK) LIMITED (10889828) - Active		✔
WELINK ENERGY INVESTMENTS SPAIN (UK) LIMITED (10889837) - Active		✔
GREENTOWN (WITCHFORD) LIMITED (11599029) - Active		✔
GREENTOWN CONSTRUCTION SERVICES LIMITED (11599526) - Active		✔
GREENTOWN MANUFACTURING LIMITED (11599629) - Active		✔
GREENTOWN (PERSHORE) LIMITED (11712319) - Active		✔
GREENTOWN (BACTON) LIMITED (11989089) - Active		✔
GREENTOWN (HEARTLANDS 3A) LIMITED (11989173) - Active		✔
WELINK ENERGY ITALY (UK) LIMITED (12094055) - Active		✔
WELINK AFRICA INVESTMENTS (UK) LIMITED (12276241) - Active		✔
WELINK ENERGY ITALY 2 (UK) LIMITED (13054442) - Active		✔
WELINK ENERGY ITALY 3 (UK) LIMITED (13373186) - Active		✔
WELINK ENERGY ITALY 4 (UK) LIMITED (13373270) - Active		✔

SHAREHOLDERS (BETA)

Shareholder name	Share class	Shares at confirmation date
Shareholder name	Share class	2017-10-31	2015-10-31	2014-10-31
WELINK ENERGY HOLDINGS (U.K.) LIMITED	ORDINARY	1,000 100%	0 0%	0 0%
WELINK ENERGY HOLDINGS (UK) LIMITED	ORDINARY	0 0%	1,000 100%	1,000 100%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES

Significant influence or control:Mr. Barry O'Neill - ceased
- Significant influence or control:Mr Barry O'Neill - ceased
- >75%:Welink Investment Holdings (Ireland) Limited (569632 - Ireland) active
>75%:Welink Energy Holdings (U.K.) Limited (09239482 - United Kingdom) active

Controlling entities above

WELINK ENERGY (U.K.) LIMITED

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: 42220 Construction of utility projects for electricity and telecommunications)

Company	Registered Address	Company Number	YE Date	Revenue GBP	Net Profit GBP	Other SIC codes
MORRISON UTILITY SERVICES LIMITED	ABEL SMITH HOUSE, GUNNELS WOOD ROAD, STEVENAGE, HERTFORDSHIRE, SG1 2ST	04530602	2018-03-31	778,378,000	20,620,000	42910-Construction of water projects 42990-Construction of other civil engineering projects not elsewhere classified
AMEC FOSTER WHEELER NUCLEAR UK LIMITED	305 BRIDGEWATER PLACE, BIRCHWOOD PARK, WARRINGTON, UNITED KINGDOM, WA3 6XF	01120437	2017-12-31	138,549,000	2,748,000	71121-Engineering design activities for industrial process and production 71122-Engineering related scientific and technical consulting activities 71200-Technical testing and analysis
TRANT ENGINEERING LIMITED	RUSHINGTON HOUSE, RUSHINGTON, SOUTHAMPTON, HAMPSHIRE, SO40 9LT	00769274	2014-12-31	99,532,444	1,033,206	42910-Construction of water projects 42990-Construction of other civil engineering projects not elsewhere classified
INTERSERVE INDUSTRIAL SERVICES LIMITED	HAWTHORN HOUSE 2ND FLOOR, WOODLANDS PARK, NEWTON-LE-WILLOWS, UNITED KINGDOM, WA12 0HF	00444313	2017-12-31	76,836,000	-4,524,000	43991-Scaffold erection 81100-Combined facilities support activities 81222-Specialised cleaning services
EXCALON LIMITED	3125 THORPE PARK, LEEDS, ENGLAND, LS15 8ZB	04450846	2018-04-30	34,442,530	0
WELINK ENERGY (U.K.) LIMITED	3 HARDMAN SQUARE, SPINNINGFIELDS, MANCHESTER, ENGLAND, M3 3EB	08905326	2017-12-31	12,840,000	0
EIRSCOT CIVIL ENGINEERING LIMITED	72 INDUS ROAD, LONDON, ENGLAND, SE7 7BN	05162398	2017-12-31	3,938,194	0
PRIOR CONSTRUCTION LIMITED	THE NOOK BELLS HILL ROAD, VANGE, BASILDON, ENGLAND, SS16 5JR	09801090	2017-09-30	2,052,397	0
ELECTRICITY TRANSMISSION AND DISTRIBUTION SOLUTIONS LTD	63 CASTLERIDGE DRIVE, GREENHITHE, ENGLAND, DA9 9WR	08470831	2018-04-30	1,756,869	0
EIRSCOT ENGINEERING LIMITED	72 INDUS ROAD, LONDON, ENGLAND, SE7 7BN	04581567	2017-12-31	683,853	0
BOLEYN FORMWORK AND UTILITY SOLUTIONS LTD	45 NURSERY LANE, WHITFIELD, DOVER, ENGLAND, CT16 3EX	10212277	2018-06-30	195,534	0
O'LEARY UTILITIES LIMITED	HESKIN HALL FARM, WOOD LANE, HESKIN, PRESTON, PR7 5PA	10075829	2018-03-31	130,470	0
J C DAVIES CONSULTING LIMITED	2 CLOS GLYNDWR, COITY, BRIDGEND, WALES, CF35 6AX	10511191	2018-12-31	107,338	0
GL C&I PROJECT SERVICES LTD	36 MEDWAY COURT, AYLESFORD, KENT, ME20 7QN	08844927	2019-01-31	105,404	0
GERALD CARTER LTD	55 NORTHGATE, LOWESTOFT, SUFFOLK, ENGLAND, NR32 2RL	10086817	2018-03-31	102,400	0
TELCOM SOLUTIONS LIMITED	5 PROSPECT PLACE, MILLENNIUM WAY PRIDE PARK, DERBY, DERBYSHIRE, DE24 8HG	03534395	2018-05-04	91,240	0
DAN ENGINEERING LIMITED	22 PEVERILL ROAD, PERTON, WOLVERHAMPTON, ENGLAND, WV6 7PH	08535863	2017-05-31	74,693	0
IVAN88 LTD	234 THEOBALD STREET, BOREHAMWOOD, HERFORTHSHIRE, UNITED KINGDOM, WD6 4PE	10835749	2018-06-30	68,145	0
NRG ELECTRICAL SERVICES LIMITED	10 ISLAY CRESCENT, SALTCOATS, SCOTLAND, KA21 6HD	SC563888	2018-04-30	66,955	0	43210-Electrical installation
BTS-SOLUTIONS LTD	19 GREENCROFT, LICHFIELD, ENGLAND, WS13 7JF	10139870	2018-04-30	65,724	0
FANTELEKOM LTD	15 ELM DRIVE, MOLD, FLINTSHIRE, WALES, CH7 1SF	10306411	2018-07-31	63,751	0
BAROWFIELD LIMITED	6 CYPRESS COURT, HAMILTON, SCOTLAND, ML3 7LU	SC408194	2019-03-31	36,650	0
TELECOM&IT-SOLUTIONS LTD	ASSEMBLY HOUSE, FLAT 2 SCHOOLGATE DRIVE, ST HELIER, MORDEN, ENGLAND, SM4 5BG	10673016	2018-03-31	34,727	0
BROWN'S LABOUR SERVICES LIMITED	1066 LONDON ROAD, LEIGH-ON-SEA, ESSEX, SS9 3NA	09524943	2018-03-31	0	0
BUENAVISTA RENEWABLES UK LTD.	27 OLD GLOUCESTER STREET, LONDON, UNITED KINGDOM, WC1N 3AX	09556096	2018-12-31	0	0
KATANES FLOATING ENERGY LTD	C/O J M SIMPSON & CO, 1206 TOLLCROSS ROAD, GLASGOW, SCOTLAND, G32 8HH	SC545178	2018-12-31	0	0
P D E ENGINEERING LIMITED	FALCON HOUSE HIGH STREET, LITTLEBURY, SAFFRON WALDEN, ENGLAND, CB11 4TD	08013134	2018-03-31	0	0
RAMSEY SOUND TIDAL LIMITED	TY DEDWIN, 16 STATION RAOD, PORT TALBOT, WALES, SA13 1JB	10644807	2017-12-31	0	0

LIQUIDATION RISK (BETA)

This company is Active. Statistically, Active companies have a low 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
WELINK ENERGY (U.K.) LIMITED	0.7%	3.6%	7.1%	Medium
Other companies Active in the same sector	2.1%	5.8%	11.3%	Medium


Age	0.4%	1.7%	3.3%	Medium
Company Type	0.7%	3.7%	7.4%	Medium
Accounts category	0.5%	1.5%	2.8%	Medium
Accounting Month	0.6%	2.4%	5.5%	Medium
Sic code count	0.7%	3.5%	7.0%	Medium