DERWENT SOLAR 2 LIMITED
🏛️Establishedactive
13119321 · ltd · incorporated 2021-01-07
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£-3.1k
book net assets
Opportunity
71/100
Strong
What this business does
Primary activity: SIC 35110
Sector: Electricity, gas & energy
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 71/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Most likely exit: distressed disposal / insolvency (65/100).
Data confidence
Overall: high (84/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
4 officers (3 active, 4 linked, 4 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
20 connected companies via shared directors
90
Filing history
34 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Negative net assets
Liabilities exceed assets by £3,073
Key financials
2 years extracted from filed iXBRL accountsCash
£36k
Net Worth
-£3k
Current Assets
£37k
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £-3.1k | — |
| Current assets | £36.6k | — |
| Cash | £35.5k | — |
| Debtors | £1.0k | — |
| Net assets | £-3.1k | — |
| Average employees | — | 100 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
3 signals detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.
Available from the Pro tier upwards.
See pricing →Recent activity
Last 30 days
0
filings
Last 90 days
1
filing
- • 1 officers
Last 180 days
1
filing
- • 1 officers
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
- 2026-03-12📄change-person-director-company-with-change-dateofficers · CH01
- 2025-09-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-11-06📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2024-11-06📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-11-06📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-11-06📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-10-24➕MANNER, Matti Pekka appointeddirector
- 2024-10-24➕SPOONER, James Alec appointeddirector
- 2024-10-05📄memorandum-articlesincorporation · MA
- 2024-10-05📄resolutionresolution · RESOLUTIONS
- 2024-09-03📄change-person-director-company-with-change-dateofficers · CH01
- 2024-09-03📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-07-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-06-02📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-05-31📄change-person-director-company-with-change-dateofficers · CH01
- 2024-01-15📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-01-15📄change-person-director-company-with-change-dateofficers · CH01
- 2023-12-19📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-12-19📄change-person-director-company-with-change-dateofficers · CH01
- 2023-12-18📄change-account-reference-date-company-current-shortenedaccounts · AA01
- 2023-10-02📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-09-06📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-09-06📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-08-26➖FRANKA, Terence resigneddirector
- 2023-03-02📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-11-22➕FRANKA, Terence appointeddirector
- 2021-01-07🏢Company incorporatedAs DERWENT SOLAR 2 LIMITED
- 2021-01-07➕SAWARD, Owen David appointeddirector
Owner dependency
50/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
Succession & seller-readiness
30/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Group structure
Climate Er Helio Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Climate Er Helio Ltd
Corporate parent · holds 75-100% shares · board control
⬇
DERWENT SOLAR 2 LIMITED
This company · 13119321
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Climate Er Helio Ltd Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 24/10/2024 |
2 historic (ceased) PSCs
- Mr Owen David Sawardceased 24/10/2024· 25-50% shares · 25-50% voting · board control
- Mr Terence Frankaceased 26/08/2023· 25-50% shares · 25-50% voting · board control
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
🔒Co-director network graph
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
Active · Energy & utilities · BA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AJ SYSTEMS AND SERVICES LTD→ 10777078 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ARK WASTE SOLUTIONS LTD→ 12361392 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ARRAN VIEW STORAGE LTD→ 12479235 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| ASBESTOS SOMERSET LTD→ 13589321 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| BIG SOLAR ROOFS LTD→ 09992236 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| BILBROOK RENEWABLES LIMITED→ 16635438 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BSR ENERGY 4 LIMITED→ 17099494 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| CLIMATE ER LTD→ 12018633 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| CROSS CUT SHREDDING LTD→ 09920755 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| DIGITAL SCREEN SOLUTIONS LIMITED→ 06833181 · est 2009 · no financials extracted | — | — | — | — | 17y | — | — |
| DOWLING & COSH LTD→ 08487301 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| DRIFT ENERGY LTD→ 13475016 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.
Available from the Pro tier upwards.
See pricing →🔒Advanced scoring suite
Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.
Available from the Pro tier upwards.
See pricing →Company details
Statusactive
Typeltd
Incorporated2021-01-07
Jurisdictionengland-wales
Primary SIC35110 — SIC 35110
Registered office
C/O Climate Er Ltd 2nd-3rd Floor - Northgate House
Upper Borough Walls
Bath
BA1 1RG
United Kingdom
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-10-27
Last: 2025-10-13
Officers (3 active · 1 resigned)
MANNER, Matti Pekka→
Activedirector · ~43y · appointed 2024-10-24
View their other companies + combined net worth →
SAWARD, Owen David→
Activedirector · ~54y · appointed 2021-01-07
View their other companies + combined net worth →
SPOONER, James Alec→
Activedirector · ~40y · appointed 2024-10-24
View their other companies + combined net worth →
FRANKA, Terence→
Resigneddirector · ~41y · appointed 2022-11-22 · resigned 2023-08-26
Click a director name to see their full track record across all companies.
Recent filings (34 total)
change-person-director-company-with-change-date
officers · CH01
2026-03-12
confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-29
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-11-06
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-11-06
appoint-person-director-company-with-name-date
officers · AP01
2024-11-06
appoint-person-director-company-with-name-date
officers · AP01
2024-11-06
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-25
memorandum-articles
incorporation · MA
2024-10-05
resolution
resolution · RESOLUTIONS
2024-10-05
change-person-director-company-with-change-date
officers · CH01
2024-09-03
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-09-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-17
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-06-02
change-person-director-company-with-change-date
officers · CH01
2024-05-31