Lower Minety Energy Limited in Swindon, SN1 1HN

Description

Data updated on: 01-11-2023

The official date the firm was started is 2018-05-03. Registered under no. 11344556, this company is considered a Private Limited Company. You may find the office of the company during business hours under the following address: 3 Newbridge Square, SN1 1HN Swindon. The company's registered with SIC code 35110 - Production of electricity. The company's most recent financial reports detail the period up to 2022-12-31 and the most current annual confirmation statement was submitted on 2022-12-06.

As the information gathered suggests, this specific limited company was founded six years ago and has so far been governed by seven directors, out of whom two (Zhiqiang C. and Song T.) are still listed as current directors.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency

Balance Sheet
Cash Bank On Hand	1	2 263 610	2 926 446	2 873 719	5 939 582
Current Assets	1	3 202 496	3 405 432	4 619 806	7 031 279
Debtors		269 650	478 986	1 746 087	1 091 697
Net Assets Liabilities	1	-5 449	1 085 934	2 957 486	4 657 799
Other Debtors		86 517	478 986	489 501	1 091 697
Total Inventories		669 236
Property Plant Equipment			15 793 143	16 806 090	15 579 072

Other Financial Data
Accrued Liabilities		5 200
Average Number Employees During Period		2	2	2	6
Creditors		3 148 383	18 112 641	8 150 000	6 208 377
Financial Liabilities		648 383
Increase In Loans Owed To Related Parties Due To Loans Advanced		648 383
Loans Owed To Related Parties		648 383
Other Remaining Borrowings		2 500 000	16 500 000	7 750 000	7 750 000
Prepayments		183 133
Total Assets Less Current Liabilities	1	3 142 934	1 085 934	11 376 954	11 435 709
Total Borrowings		2 500 000	16 500 000	8 600 000	9 894 309
Trade Creditors Trade Payables		54 362
Work In Progress		669 236
Accumulated Depreciation Impairment Property Plant Equipment				595 189	1 763 363
Amounts Owed By Group Undertakings				180 020
Amounts Owed To Group Undertakings			422 114
Bank Borrowings				850 000	2 144 309
Bank Borrowings Overdrafts				8 150 000	6 208 377
Comprehensive Income Expense			119 773	1 673 324	3 400 313
Disposals Property Plant Equipment					62 594
Dividends Paid					1 700 000
Future Minimum Lease Payments Under Non-cancellable Operating Leases			20 000	20 000	20 000
Increase From Depreciation Charge For Year Property Plant Equipment				595 189	1 168 174
Issue Equity Instruments			971 610	198 228
Net Current Assets Liabilities			-14 707 209	-5 429 136	-4 143 363
Number Shares Issued Fully Paid				1 140 000	1 140 000
Other Creditors			17 663 710	8 454 917	8 278 427
Other Taxation Social Security Payable			26 817	744 025	751 906
Par Value Share	1			1	1
Property Plant Equipment Gross Cost			15 793 143	17 401 279	17 342 435
Provisions For Liabilities Balance Sheet Subtotal				269 468	569 533
Total Additions Including From Business Combinations Property Plant Equipment				1 608 136	3 750
Trade Debtors Trade Receivables				1 076 566
Number Shares Allotted	1