WEL SOLAR PARK 2 LIMITED
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Next accounts due
2027-03-31 (in 10mo)
Last filed for 2025-06-30
Confirmation statement due
2026-11-19 (in 6mo)
Last made up 2025-11-05
Watchouts
None on the register
Cash
£802K
+6,909.2% vs 2024
Net assets
£22M
+7.4% vs 2024
Employees
0
Average over period
Profit before tax
£4M
-22.1% vs 2024
Name history
Renamed 1 time since incorporation
- WEL SOLAR PARK 2 LIMITED 2014-12-01 → present
- ATON ENERGY SOLAR UK 2 LIMITED 2013-11-05 → 2014-12-01
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2025-06-30
| Metric | Trend | 2024-06-30 | 2025-06-30 |
|---|---|---|---|
| Turnover | £9,923,429 | £7,008,795 | |
| Operating profit | £5,045,479 | £3,901,819 | |
| Profit before tax | £4,993,780 | £3,891,632 | |
| Net profit | £5,095,825 | £2,538,389 | |
| Cash | £11,437 | £801,644 | |
| Total assets less current liabilities | £22,486,267 | £23,741,123 | |
| Net assets | £20,566,506 | £22,091,882 | |
| Equity | £20,566,506 | £22,091,882 | |
| Average employees | 0 | 0 | |
| Wages | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-06-30 | 2025-06-30 |
|---|---|---|---|
| Operating margin | 50.8% | 55.7% | |
| Net margin | 51.4% | 36.2% | |
| Return on capital employed | 22.4% | 16.4% | |
| Gearing (liabilities / total assets) | 15.3% | 12.7% | |
| Current ratio | 2.02x | 3.80x | |
| Interest cover | 53.47x | 125.76x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- KPMG Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“These accounts have been prepared on a going concern basis. The directors believe this basis is appropriate following the consideration of cashflow forecasts which show the Company is able to meet its liabilities as they fall due for at least twelve months from the date of approval of these financial statements. Should any unforeseen circumstances require additional funding, the Company has obtained written confirmation from its intermediate parent that it would provide financial support to meet the Company's liabilities for a period of at least twelve months from the date the financial statements are approved.”
Significant events
- “There have been no significant events affecting the Company since the year end.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 9 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| O'CONNOR, Kevin Paul | Director | 2024-07-18 | Sep 1981 | British |
| WOOD, Neil Anthony | Director | 2015-08-17 | Dec 1980 | British |
Show 9 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DOWN, Helen Ruth | Director | 2017-05-22 | 2020-03-19 |
| HOGAN, Mark | Director | 2014-11-21 | 2015-02-13 |
| MARTIN, Nicholas Vincent Jean-Claude | Director | 2013-11-05 | 2014-11-21 |
| MORRIS, William Richard | Director | 2015-05-01 | 2017-03-10 |
| RAND, Michael Antony | Director | 2015-02-13 | 2017-12-11 |
| ROBERTS, Luke James Brandon | Director | 2017-12-11 | 2024-07-18 |
| TERRANOVA, Giovanni | Director | 2015-02-13 | 2015-05-01 |
| VEST, Karl Peter | Director | 2014-11-21 | 2015-02-13 |
| WIRTH, Markus | Director | 2014-11-21 | 2015-02-13 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Bluefield Sif Investments Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 66 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-06-28 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-03 | AA | accounts | Accounts with accounts type full | |
| 2025-11-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-13 | AA | accounts | Accounts with accounts type full | |
| 2024-11-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-29 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-26 | TM01 | officers | Termination director company with name termination date | |
| 2024-06-28 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2024-06-28 | CAP-SS | insolvency | Legacy | |
| 2024-06-28 | RESOLUTIONS | resolution | Resolution | |
| 2024-06-28 | SH20 | capital | Legacy | |
| 2023-11-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-11-14 | CH01 | officers | Change person director company with change date | |
| 2023-11-13 | AA | accounts | Accounts with accounts type full | |
| 2023-01-05 | AA | accounts | Accounts with accounts type full | |
| 2022-11-22 | CH01 | officers | Change person director company with change date | |
| 2022-11-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-08-24 | AUD | auditors | Auditors resignation company | |
| 2022-04-05 | AA | accounts | Accounts with accounts type full | |
| 2021-11-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-12-17 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 2
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2024 → FY2025 · period ending 2025-06-30 vs 2024-06-30
-
Turnover
-29.4%
£9,923,429 £7,008,795
-
Cash
+6,909.2%
£11,437 £801,644
-
Net assets
+7.4%
£20,566,506 £22,091,882
-
Employees
—
Not reported
-
Operating profit
-22.7%
£5,045,479 £3,901,819
-
Profit before tax
-22.1%
£4,993,780 £3,891,632
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers