SWANGATE ENERGY STORAGE LIMITED

1ST FLOOR, 76-80 OLD BROAD STREET, LONDON, EC2M 1QP

Company Number: 12644984
Incorporation date: 04-Jun-2020
Status: Active
Entity type: Private Limited Company

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





SUMMARY

This company is 3.8 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 -23.6 thousand which has worsened since the previous year's figure of GBP -22.9 thousand. Although the P&L is not published, we can infer from the Balance Sheet that net profit (less dividends) was GBP -739 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 -23.7 thousand), which means the company has aggregate losses since it's inception; given that the company is a start-up, this is not surprising. The company has 1 active officers (directors or partners) who are or were officers of 2 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-2024
Accounts Filed: UNAUDITED ABRIDGED (31-Dec-2022)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
No P&L data available


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Dec-2022 GBP 152,627 545,230 4,908 6,394,272 100 -23,731 -23,631
31-Dec-2021 GBP 583 731,835 100 -22,992 -22,892
30-Jun-2021 GBP 7,608 150,911 152,771 100 -1,960 -1,860

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 Sheetal SHAH 04 Jun 2020 21 Dec 2021 0 - 1

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Resigned Leslie Ian WOOLFSON 04 Mar 2022 25 May 2022 Chartered Accountant English 2 - 83 (30.0%)
Resigned Yurdagul MAYOR 21 Dec 2021 09 Sep 2022 Financial Controller British 0 - 140 (0.0%)
Active Yoav SHAPIRA 21 Dec 2021 Director Israeli 3 - 00 (0.0%)
Resigned Jonathan Mark HALL 27 Jan 2021 21 Dec 2021 Director British 8 - 135 (23.8%)
Resigned John HITCHCOX 04 Jun 2020 21 Dec 2021 Company Director British 75 - 9148 (28.9%)
Resigned Jagdish Singh JOHAL 04 Jun 2020 21 Dec 2021 Company Director British 46 - 9263 (45.7%)
Resigned David James KELLY 04 Jun 2020 21 Dec 2021 Company Director British 4 - 20 (0.0%)
Resigned Mark Edward WELLS 04 Jun 2020 21 Dec 2021 Company Director British 4 - 20 (0.0%)
Number of active directors: 1
Average tenure of active directors: 2.3 years
Average tenure of resigned directors: 1.1 years
Average active director Dissolution Rate: 0.0%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
ECOSTOR 1 IMMINGHAM LTD (11003008) - Active
SWANGATE ENERGY STORAGE LIMITED (12644984) - Active
WOOLPOTS SOLAR FARM LIMITED (12727243) - Active

SHAREHOLDERS (BETA)

No shareholder data available

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

SWANGATE ENERGY STORAGE 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 COTTONS CENTRE, COTTONS LANE, LONDON, UNITED KINGDOM, SE1 2QG 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 EXCALON DUNCAN STREET DEPOT, DUNCAN STREET, SALFORD, ENGLAND, M5 3SQ 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
SWANGATE ENERGY STORAGE LIMITED 0.7% 3.6% 7.1% Medium
Other companies Active in the same sector 2.1% 5.8% 11.3% Medium
Age 0.7% 3.7% 7.0% Medium
Company Type 0.7% 3.7% 7.4% Medium
Accounts category 0.6% 2.5% 4.5% Medium
Accounting Month 0.6% 2.4% 5.5% Medium
Sic code count 0.7% 3.5% 7.0% Medium
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