UK Companies House feature
WELBAR ENERGY STORAGE LIMITED
Cash
—
Latest balance sheet
Net assets
-£180K
-17,962,400% vs 2020
Employees
0
Average over period
Profit before tax
—
Period ending 2021-08-31
Profile
- Company number
- 10326869
- Status
- Active
- Incorporation
- 2016-08-12
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 35110
- Hubs
- UK Energy & Climate
Net assets
2-year trend · vs UK Energy & Climate median
Accounts
2-year trend · latest 2021-08-31
| Metric | Trend | 2020-08-31 | 2021-08-31 |
|---|---|---|---|
| Turnover | — | — | |
| Operating profit | — | — | |
| Profit before tax | — | — | |
| Net profit | — | — | |
| Cash | — | — | |
| Total assets less current liabilities | £1 | -£179,623 | |
| Net assets | £1 | -£179,623 | |
| Equity | £1 | -£179,623 | |
| Average employees | 0 | 0 | |
| Wages | — | — |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- IFRS for SMEs
- Reporting scope
- Standalone (parent only)
- Auditor
- MHA
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have every expectation that the Company will continue in operational existence for the foreseeable future and meet its liabilities as they fall due. This expectation is supported by robust financial forecasts and plans.”
Significant events
- “During the year, the Company converted £12.9 million of a convertible loan into equity, significantly reducing its short-term liabilities and strengthening its capital base.”
- “In addition, the Company completed a cash equity raise of £15.1 million through the issue of B ordinary shares, further supporting its working capital position.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
5 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CHWEE, Chong Foon | Secretary | 2023-02-15 | — | — |
| TEH, Linda Keat Luan, Ms. | Secretary | 2023-02-15 | — | — |
| BIRD & BIRD COMPANY SECRETARIES LIMITED | Corporate Secretary | 2023-02-15 | — | — |
| FORTH, Cordelia Clare | Director | 2026-03-27 | Sep 1984 | British |
| THWAITES, Richard Craig | Director | 2023-09-22 | Oct 1970 | British |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BRYSON, David | Secretary | 2021-04-23 | 2022-07-12 |
| BRYSON, David Kennedy | Director | 2016-08-12 | 2022-07-12 |
| MCALEAVEY, John Andrew, Mr. | Director | 2021-04-15 | 2023-09-22 |
| ORCHARD-LISLE, Jolyon Aubrey | Director | 2016-08-12 | 2021-04-01 |
| STROEMSOE, Erik | Director | 2022-07-12 | 2026-03-27 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Hams Hall Holding Uk Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2025-08-18 | Active |
| Bw Ess Uk Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2022-07-12 | Ceased 2025-08-18 |
| Penso Power Limited | Corporate entity | Shares 25–50% | 2021-04-01 | Ceased 2024-10-01 |
| Luminous Energy Ltd | Corporate entity | Shares 25–50% | 2016-08-12 | Ceased 2022-07-12 |
Filing timeline
Last 20 of 69 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-03-30 | AP01 | officers | appoint person director company with name date |
| 2026-03-30 | TM01 | officers | termination director company with name termination date |
| 2026-02-12 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-09-22 | AA | accounts | accounts with accounts type full |
| 2025-08-20 | PSC02 | persons-with-significant-control | notification of a person with significant control |
| 2025-08-20 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2025-07-18 | AD01 | address | change registered office address company with date old address new address |
| 2025-07-17 | PSC05 | persons-with-significant-control | change to a person with significant control |
| 2025-06-09 | AD01 | address | change registered office address company with date old address new address |
| 2025-02-14 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-01-24 | PSC05 | persons-with-significant-control | change to a person with significant control |
| 2025-01-24 | CH01 | officers | change person director company with change date |
| 2024-10-16 | AD03 | address | move registers to sail company with new address |
| 2024-10-15 | AD02 | address | change sail address company with new address |
| 2024-10-11 | AA | accounts | accounts with accounts type full |
| 2024-10-08 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2024-10-08 | SH01 | capital | capital allotment shares |
| 2024-10-02 | RESOLUTIONS | resolution | resolution |
| 2024-08-20 | CH01 | officers | change person director company with change date |
| 2024-06-27 | CH01 | officers | change person director company with change date |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory