Company Overview
Weconnect Energy Ltd is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Tuesday 26 August 2008, so this is a well established company. Weconnect Energy Ltd has been in business for 17 years and 7 months. The accounts status is small and the accounts are next due on Wednesday 31 December 2025.
Registered Address

Level 5 9 Haymarket Square, Edinburgh, EH3 8RY
Credit Reports Available

These credit rating reports are available now:


Credit Analysts Report
Get Report >>

Standard Credit Report
Get Report >>

Basic Credit Report
Get Report >>

24/7 credit rating data feed - no UK company credit reports are updated faster

Companies House Data
Company NameWECONNECT ENERGY LTD
Company NumberSC347548
Registered Office AddressLevel 5 9 Haymarket Square
 EH3 8RY
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date26/08/2008
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date31/12/2025
Accounts Last Made Up Date31/12/2023
Accounts Account CategorySMALL
Returns Next Due Date23/09/2016
Returns Last Made Up Date26/08/2015
Previous Company NameChanged Date
SSG GROUP LTD28 Sep 2023
SUBSURFACE GLOBAL LTD27 Apr 2016
Directors & Members
Show Resigned
Peter Bottomley - Director
(British, 38 years old, born October 1988)
Appointed 01 March 2021
 Active
Richard Madden - Director
(British, 44 years old, born March 1982)
Appointed 26 August 2008
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Peter Bottomley
WECONNECT ENERGY HOLDINGS LTD
Richard Madden
No companies found
Balance Sheet Unlock full report
Accounts Date 31-Dec-2023 31-Dec-2022 31-Dec-2021
Balance Sheet
Fixed Assets 63,705 63,705 80,072
Current Assets 1,743,953 1,743,953 874,684
Creditors Due Within One Year 1,577,487 1,577,487 777,690
Working Cap 166,466 166,466 96,994
Total Assets Less Current Liabilities 230,171 230,171 177,066
Long-term Liabilities 40,093 40,093 49,380
Net Assets 190,078 190,078 127,686
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 190,078 190,078 127,686
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2023 31-Dec-2022 31-Dec-2021
Tangible Fixed Assets - - -
Fixed Assets 3.5% 3.5% 8.4%
Stocks Inventory - - -
Debtors 85.4% 85.4% 83.4%
Cash Bank In Hand 11.1% 11.1% 8.2%
Current Assets 96.5% 96.5% 91.6%
Creditors Due Within One Year 87.3% 87.3% 81.5%
Net Current Assets Liabilities 9.2% 9.2% 10.2%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 10.5% 10.5% 13.4%
Capital Employed - - -
Total Assets Less Current Liabilities 12.7% 12.7% 18.5%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2023 31-Dec-2022 31-Dec-2021
Liquidity Ratio 1.1 1.1 1.1
Solvency Ratio 1.1 1.1 1.2
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Dec-2023 31-Dec-2022 31-Dec-2021
Assets 1,807,658 1,807,658 954,756
Debt 1,617,580 1,617,580 827,070
Net Assets/Debt 190,078 190,078 127,686

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet this level of net assets suggests total debts and obligations were moderately well covered. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet this level of net assets suggests total debts and obligations were moderately well covered. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet this level of net assets suggests total debts and obligations were moderately well covered. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
Other Business around EH3 8RY
No other companies found in the same location
Document Filings
Confirmation statement made on 21 May 2025 with no updates
Registered office address changed from 5th Floor Quartermile Two 2 Lister Square Edinburgh EH3 9GL Scotland to Level 5 9 Haymarket Square Edinburgh EH3 8RY on 24 October 2024
Confirmation statement made on 21 May 2024 with updates
Change of details for Ssg Energy Holdings Ltd as a person with significant control on 31 August 2023
Certificate of change of name
Confirmation statement made on 13 June 2023 with no updates
Confirmation statement made on 13 June 2022 with no updates
Confirmation statement made on 13 June 2021 with no updates
Appointment of Mr. Peter Owen Bottomley as a director on 1 March 2021
Confirmation statement made on 13 June 2020 with no updates
Confirmation statement made on 13 June 2019 with updates
Register inspection address has been changed from 108 Princes Street Edinburgh EH2 3AA Scotland to PO Box EH3 9GL 5th Floor Quartermile Two, 2 Lister Square 5th Floor Quartermile Two 2 Lister Square Edinburgh EH3 9GL
Cessation of Richard Madden as a person with significant control on 17 January 2019
Registered office address changed from PO Box EH3 8BL Landmark, 5 Semple St, Exchange Place 2, Edinburgh Landmark, 5 Semple Street Exchange Place 2 Edinburgh EH3 8BL Scotland to 5th Floor Quartermile Two 2 Lister Square Edinburgh EH3 9GL on 23 January 2019
Notification of Ssg Energy Holdings Ltd as a person with significant control on 17 January 2019
Registered office address changed from 108 Princes Street Edinburgh EH2 3AA to PO Box EH3 8BL Landmark, 5 Semple St, Exchange Place 2, Edinburgh Landmark, 5 Semple Street Exchange Place 2 Edinburgh EH3 8BL on 26 September 2018
Confirmation statement made on 26 August 2018 with no updates
Terms and Conditions Cancellations Contact Us

In using this service you agree to the Terms and Conditions

© 2026 Check Free