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STRACATHRO RENEWABLE ENERGY LIMITED
24 SAVILE ROW, LONDON, W1S 2ESCompany Number: 10103679
Incorporation date: 05-Apr-2016
Status: Active
Entity type: Private Limited Company
SIC codes:
35210 Manufacture of gas
SUMMARY
This company is 8 years old and is currently active. It is controlled by Iqb Debt Midco Limited. No P&L financials are available but there is Balance Sheet data. The company has negative equity (net assets) of GBP -4.1 million which has worsened since the previous year's figure of GBP -1.4 million. Although the P&L is not published, we can infer from the Balance Sheet that net profit (less dividends) was GBP -2.8 million 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 -4.1 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 4 active officers (directors or partners) who are or were officers of 158 other companies, 8 (5.1%) 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: 31-Mar-2024Accounts Filed: SMALL (31-Mar-2022)
P&L Financials:
Year end | Currency | Revenue | Operating profit | Interest Received | Interest Paid | Tax | Net Profit GBP |
---|
Balance Sheet Financials:
Year end | Currency | Cash | Current Assets | Current Liabilities | Debt | Share Capital | Premium Reserve | Retained Earnings | Net Assets |
---|---|---|---|---|---|---|---|---|---|
31-Mar-2023 | GBP | 624,000 | 2,876,000 | 14,842,000 | -4,138,000 | -4,138,000 | |||
31-Mar-2022 | GBP | 30,000 | 2,870,000 | 12,736,000 | -1,372,000 | -1,372,000 | |||
31-Mar-2021 | GBP | 53,135 | 1,970,863 | 10,356,816 | 1 | 707,947 | 707,948 | ||
31-Mar-2020 | GBP | 354,049 | 2,212,299 | 8,301,699 | 1 | 3,484,595 | 3,484,596 | ||
31-Mar-2019 | GBP | 25,684 | 2,387,671 | 14,903,941 | 1 | -2,024,945 | -2,024,944 |
VALUATION EVENTS (BETA)
Year end | Currency | % Equity | Sum raised | Pre-Money Valuation* | Post-Money Valuation* | Enterprise Value** |
---|---|---|---|---|---|---|
31-Mar-2022 | GBP | inf% | -1 | 1 | 0 | -41,567 |
** Estimated based on average Cash and Debt levels during period
DISPUTES
No disputes filed on www.disputesregister.orgCOMPANY SECRETARY
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All apointments (active/resigned) |
---|---|---|---|---|---|---|
Resigned | Jennifer WRIGHT | 12 May 2016 | 11 Apr 2019 | 0 - 1 | ||
Resigned | Sarah CRUICKSHANK | 13 Apr 2016 | 11 Feb 2020 | 0 - 1 |
DIRECTORS
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All appointments (active/resigned) |
Dissolved companies (rate) |
---|---|---|---|---|---|---|---|
Active | Anna Louise BATH | 08 Dec 2023 | Finance Director | British,Australian | 86 - 0 | 0 (0.0%) | |
Active | Chloe MARLOW | 08 Dec 2023 | Accountant | British | 40 - 0 | 0 (0.0%) | |
Resigned | Rollo Andrew Johnstone WRIGHT | 11 Feb 2020 | 08 Dec 2023 | Fund Manager | British | 8 - 112 | 9 (7.5%) |
Active | Philip KENT | 11 Feb 2020 | Director | British | 98 - 8 | 1 (0.9%) | |
Resigned | Saira Jane JOHNSTON | 11 Feb 2020 | 08 Dec 2023 | Director | British | 1 - 120 | 3 (2.5%) |
Active | Nicholas Simon PARKER | 11 Feb 2020 | Director | British | 61 - 88 | 14 (9.4%) | |
Resigned | Daniel Philip PURVIS | 26 Mar 2019 | 11 Feb 2020 | Director | British | 0 - 14 | 4 (28.6%) |
Resigned | Baiju DEVANI | 29 Jun 2018 | 13 Dec 2019 | Senior Investment Manager | British | 0 - 81 | 8 (9.9%) |
Resigned | Paul David THOMPSON | 09 Jan 2017 | 12 Mar 2019 | Company Director | British | 2 - 67 | 4 (5.8%) |
Resigned | Charles PAYNE | 29 Jul 2016 | 15 Dec 2016 | Finance Director | British | 0 - 15 | 0 (0.0%) |
Resigned | Jason MURPHY | 13 Apr 2016 | 29 Jun 2018 | Accountant | Irish | 1 - 126 | 27 (21.3%) |
Resigned | Sebastian James SPEIGHT | 13 Apr 2016 | 11 Feb 2020 | Director | British | 18 - 555 | 295 (51.5%) |
Resigned | Stuart John LAWSON | 13 Apr 2016 | 29 Jul 2016 | Director | British | 13 - 73 | 14 (16.3%) |
Resigned | Ravinder Ruby JONES | 05 Apr 2016 | 12 Mar 2019 | Director | British | 3 - 51 | 17 (31.5%) |
Average tenure of active directors: 2.2 years
Average tenure of resigned directors: 2.2 years
Average active director Dissolution Rate: 2.6%
DIRECTOR APPOINTMENTS IN OTHER COMPANIES
SHAREHOLDERS (BETA)
No shareholder data available
SHAREHOLDINGS (BETA)
no shareholding data
CONTROLLED COMPANIES / CONTROLLING ENTITIES
Controlling entities above
STRACATHRO RENEWABLE ENERGY 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:
35210 Manufacture of gas)
Company | Registered Address | Company Number | YE Date | Revenue GBP | Net Profit GBP | Other SIC codes |
---|---|---|---|---|---|---|
NATIONAL GRID GAS PLC | NATIONAL GRID HOUSE WARWICK TECHNOLOGY PARK, GALLOWS HILL, WARWICK, CV34 6DA | 02006000 | 2018-03-31 | 1,424,000,000 | 387,000,000 | |
SOUTH HOOK LNG TERMINAL COMPANY LTD. | COMPANY SECRETARY, SOUTH HOOK LNG TERMINAL COMPANY LTD DALE ROAD, HERBRANDSTON, MILFORD HAVEN, PEMBROKESHIRE, WALES, SA73 3SU | 04982132 | 2018-12-31 | 49,055,000 | 96,848,000 | |
DRAGON LNG LIMITED | MAIN ROAD, WATERSTON, MILFORD HAVEN, PEMBROKESHIRE, SA73 1DR | 04562711 | 2018-12-31 | 69,181,000 | 11,472,000 | |
CRYOSERVICE LIMITED | WARNDON BUSINESS PARK, PRESCOTT DRIVE, WORCESTER, WORCESTERSHIRE, WR4 9RH | 00976552 | 2017-09-30 | 36,634,000 | 8,604,000 |
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 |
---|---|---|---|---|
STRACATHRO RENEWABLE ENERGY LIMITED | 0.7% | 3.6% | 7.1% | Medium |
Other companies Active in the same sector | Too few competitors | |||
Age | 0.6% | 2.5% | 4.9% | Medium |
Company Type | 0.7% | 3.7% | 7.4% | Medium |
Accounts category | 0.5% | 1.5% | 2.8% | Medium |
Accounting Month | 0.5% | 1.8% | 3.9% | Medium |
Sic code count | 0.7% | 3.5% | 7.0% | Medium |