WELINK ENERGY PORTUGAL 2 (UK) LIMITED
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Next accounts due
2025-12-31
Overdue
Confirmation statement due
2026-07-17 (in 2mo)
Last made up 2025-07-03
Watchouts
Cash
—
Latest balance sheet
Net assets
-£3M
-16.4% lowest in 5 filed years
Employees
0
Average over period
Profit before tax
-£408K
-177.8% vs 2022
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Annual accounts overdue
Due 2025-12-31.
Net assets
6-year trend · vs Utilities median
Accounts
6-year trend · latest reflected 2023-12-31
| Metric | Trend | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | — | |
| Operating profit | — | — | — | — | £1,383,927 | £614,624 | |
| Profit before tax | — | — | — | — | £524,658 | -£408,056 | |
| Net profit | — | — | — | — | £524,658 | -£408,056 | |
| Cash | £109 | £396 | £418 | — | — | — | |
| Total assets less current liabilities | -£8,939 | -£2,604,679 | £14,560,859 | — | £16,448,785 | £16,639,006 | |
| Net assets | — | -£2,604,679 | -£2,861,770 | — | -£2,494,838 | -£2,902,894 | |
| Equity | -£8,939 | -£2,604,679 | -£2,861,770 | -£3,019,496 | -£2,494,838 | -£2,902,894 | |
| Average employees | 0 | 0 | 0 | — | 0 | 0 | |
| Wages | — | — | — | — | — | — | |
| Directors' remuneration | — | — | — | — | — | — |
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
Year-on-year
FY2022 → FY2023 · period ending 2023-12-31 vs 2022-12-31
-
Turnover
—
Not reported
-
Cash
—
Not reported
-
Net assets
-16.4%
-£2,494,838 -£2,902,894
lowest in 4 filed years
-
Employees
—
Not reported
-
Operating profit
-55.6%
£1,383,927 £614,624
-
Profit before tax
-177.8%
£524,658 -£408,056
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|---|---|---|---|
| Return on capital employed | — | — | — | — | 8.4% | 3.7% | |
| Current ratio | — | — | — | — | 1.65x | 2.51x | |
| Interest cover | — | — | — | — | 1.61x | 0.60x |
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
- Haines Watts Wales LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Despite the fact that the company had net liabilities at the period end, at the time of approving the financial statements, the directors have a reasonable expectation that the company will obtain adequate resources to continue in operational existence for the foreseeable future.”
Group structure
- WELINK ENERGY PORTUGAL 2 (UK) LIMITED · parent
- Solara4,S.A. 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MURPHY, John | Director | 2018-11-30 | Jun 1963 | British |
| O'NEILL, Barry Michael | Director | 2017-07-04 | Aug 1969 | Irish |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| O'SULLIVAN, Valentine | Secretary | 2017-07-04 | 2018-12-19 |
| O'SULLIVAN, Valentine | Director | 2017-07-04 | 2018-12-19 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Welink Energy Investments Portugal (Uk) Limited | Corporate entity | Shares 75–100% | 2017-07-05 | Active |
| Mr Valentine O'Sullivan | Individual | Significant influence | 2017-07-04 | Ceased 2017-07-07 |
| Mr Barry Michael O'Neill | Individual | Significant influence | 2017-07-04 | Ceased 2017-07-05 |
Filing timeline
Last 20 of 34 total filings
Material constitutional events — rename, articles re-file, resolution
- 2022-05-12 MA Memorandum articles
- 2022-05-12 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-07-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-08-14 | AA | accounts | Accounts with accounts type full | |
| 2024-07-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-26 | AA | accounts | Accounts with accounts type small | |
| 2023-07-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-08-30 | AA | accounts | Accounts with accounts type small | |
| 2022-07-04 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-05-12 | MA | incorporation | Memorandum articles | |
| 2022-05-12 | RESOLUTIONS | resolution | Resolution | |
| 2021-11-29 | AA | accounts | Accounts with accounts type small | |
| 2021-07-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-11-04 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2020-10-22 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2020-10-22 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2020-10-21 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2020-10-19 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2020-09-21 | AA | accounts | Accounts with accounts type small | |
| 2020-07-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-04-29 | AD01 | address | Change registered office address company with date old address new address | |
| 2019-09-11 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 1
- Capital events
- 0
- 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.