UK Companies House feature
XLINKS LIMITED
Cash
£353K
+290.9% vs 2022
Net assets
£14M
-1.1% vs 2022
Employees
21
+162.5% vs 2022
Profit before tax
—
Period ending 2023-08-31
Profile
- Company number
- 11891505
- Status
- Active
- Incorporation
- 2019-03-19
- Last accounts made up
- 2024-08-31
- Account category
- GROUP
- Primary SIC
- 62012
Cash
4-year trend · vs UK AI & Enterprise SaaS median
Accounts
4-year trend · latest 2023-08-31
| Metric | Trend | 2020-03-31 | 2021-08-31 | 2022-08-31 | 2023-08-31 |
|---|---|---|---|---|---|
| Turnover | — | — | — | — | |
| Operating profit | — | — | — | — | |
| Profit before tax | — | — | — | — | |
| Net profit | — | — | — | — | |
| Cash | — | — | £90,320 | £353,039 | |
| Total assets less current liabilities | £736,536 | £2,879,793 | £14,407,702 | £14,253,209 | |
| Net assets | — | — | — | — | |
| Equity | £736,536 | £2,879,793 | £14,407,702 | £14,253,209 | |
| Average employees | 0 | 2 | 8 | 21 | |
| 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
- FRS 102
- Reporting scope
- Consolidated (group)
- Auditor
- Forvis Mazars LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“We draw attention to note 2.4 (going concern) on page 20 of the financial statements which explains that the Group's and the Company's ability to continue as a going concern is dependent on the Company's ability to raise finance through completing the rights issue and maintaining sufficient liquidity from progress in project development or implementing cost-saving measures. These events and conditions, along with the other matters explained in note 2.4 of the financial statements, constitute a material uncertainty that may cast significant doubt on the Group and the Company's ability to continue as a going concern.”
Subsidiaries
- Xlinks First Limited · 55.05% held · United Kingdom
- Xlinks 1 Auxiliary Equipment Limited · 100% held · United Kingdom
- Xlinks Morocco SA · 99.99% held · Morocco
- Morocco-UK Green Electricity Export SA · 99.87% held · Morocco
- Xlinks 1 Limited · 100% held · United Kingdom
- Xlinks Morocco Development SA · 99.99% held · Morocco
- Xlinks Germany Gmbh · 58.5% held · Germany
- Xlinks Third Limited · 100% held · United Kingdom
- Elemental Power SAS · 99.99% held · France
Significant events
- “In June 2025, the UK Department for Energy Security and Net Zero ("DESNZ") decided not to advance a Contract for Difference ("CfD") scheme for the Group's first project, the Morocco-UK Power Project...This event is considered to be a non-adjusting event.”
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
4 active · 6 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BUDD, Mark Andrew | Director | 2022-06-24 | Sep 1975 | British |
| DAVIS, Ian Edward Lamert, Sir | Director | 2021-12-13 | Mar 1951 | British |
| MORRISH, Simon Hobart Charles | Director | 2020-02-18 | Oct 1974 | British |
| PADMANATHAN, Suntharesan | Director | 2020-02-18 | Apr 1958 | Sri Lankan |
Show 6 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| WRIGHT, Rebecca | Secretary | 2023-11-09 | 2025-04-04 |
| ALVAREZ DOMINGUEZ, Jaime | Director | 2020-02-24 | 2023-01-19 |
| DUDENHAUSEN, Roman Albert, Dr. | Director | 2024-07-05 | 2026-03-03 |
| GUNDRY, Rachel Catherine | Director | 2019-03-19 | 2022-09-20 |
| LEWIS, Dave, Sir | Director | 2021-11-22 | 2025-11-28 |
| SERFATY, Fabienne Anne Caroline | Director | 2022-11-21 | 2025-12-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Solar Ventus Limited | Corporate entity | Shares 25–50%, Voting 25–50% | 2022-01-19 | Active |
| Mr Mark Andrew Budd | Individual | Shares 25–50% | 2021-01-26 | Ceased 2021-06-02 |
| Pat Morrish | Individual | Shares 25–50% | 2020-01-27 | Ceased 2021-06-02 |
| Suntharesan Padmanathan | Individual | Shares 25–50% | 2020-01-27 | Ceased 2021-01-26 |
| Mrs Rachel Catherine Gundry | Individual | Shares 75–100%, Voting 75–100% | 2019-03-19 | Ceased 2020-05-26 |
Filing timeline
Last 20 of 63 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-03-20 | TM01 | officers | termination director company with name termination date |
| 2026-02-10 | MR04 | mortgage | mortgage satisfy charge full |
| 2026-01-06 | TM01 | officers | termination director company with name termination date |
| 2025-12-18 | AA | accounts | accounts with accounts type group |
| 2025-12-12 | TM01 | officers | termination director company with name termination date |
| 2025-12-05 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-06-09 | MA | incorporation | memorandum articles |
| 2025-06-03 | SH01 | capital | capital allotment shares |
| 2025-04-04 | TM02 | officers | termination secretary company with name termination date |
| 2024-11-28 | RESOLUTIONS | resolution | resolution |
| 2024-11-28 | MA | incorporation | memorandum articles |
| 2024-11-20 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-07-19 | AP01 | officers | appoint person director company with name date |
| 2024-07-02 | AUD | auditors | auditors resignation company |
| 2024-05-30 | AA | accounts | accounts with accounts type small |
| 2023-11-16 | AP03 | officers | appoint person secretary company with name date |
| 2023-11-07 | CS01 | confirmation-statement | confirmation statement with updates |
| 2023-08-18 | SH01 | capital | capital allotment shares |
| 2023-05-16 | AA | accounts | accounts with accounts type micro entity |
| 2023-03-07 | SH01 | capital | capital allotment shares |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory