ELMS ISG SOLAR LIMITED

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

• Turnover

  —

  Not reported

• Cash

  +96,285.8%

  £155 → £149,398

• Net assets

  -1,138.1%

  -£6,704 → -£83,001

• Employees

  —

  Not reported

• Operating profit

  -2,276.5%

  -£3,565 → -£84,722

• Profit before tax

  -2,040.2%

  -£3,565 → -£76,297

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

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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.

1. ELMS ISG SOLAR LIMITED 2024-04-11 → present
2. NEWBOLD PACEY SOLAR LIMITED 2021-07-20 → 2024-04-11
3. IR03 LIMITED 2020-12-14 → 2021-07-20

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Moore Kingston Smith LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors believe that the company is well placed to manage its business risks successfully. Having reviewed the company's current position and cash flow projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. ISG Renewables Limited has no intention within the next 12 months from the date of approval of these financial statements of demanding repayment of the loans advanced to the company as at 31 December 2024, unless the company has sufficient cash to finance its ongoing obligations. Accordingly, they continue to adopt the going concern basis in preparing the annual report and financial statements.”

Significant events

• “The company passed a special resolution on 5th April 2024 changing its name from Newbold Pacey Solar Limited to Elms ISG Solar Limited.”
• “The company connected to the grid in October 2024 and began generating, with PAC set to be achieved in Q2 2025.”
• “On 30 August 2023 the company had a fixed and floating charge put on the asset of the company as part of a lender agreement with its previous parent. On 15 April 2024 the charge was satisfied in full as part of the company's sale.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.