How much does Welink Energy Portugal 2 (UK) Limited make?

Welink Energy Portugal 2 (UK) Limited reported revenue of £0 and a loss of £408k in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Welink Energy Portugal 2 (UK) Limited have?

Welink Energy Portugal 2 (UK) Limited reported an average of 0 employees in the year to 31 Dec 2023.

Is Welink Energy Portugal 2 (UK) Limited profitable?

No — Welink Energy Portugal 2 (UK) Limited reported a loss of £408k in the year to 31 Dec 2023.

Company No. 10848954 · Incorporated 4 Jul 2017

Welink Energy Portugal 2 (UK) Limited

Registered name: WELINK ENERGY PORTUGAL 2 (UK) LIMITED

Part of Welink Portugal Investments (Ireland) Limited group

Welink Energy Portugal 2 (UK) Limited made £0 revenue and a £408k loss in the year to 31 Dec 2023.

Welink Energy Portugal 2 (UK) Limited’s revenue was £0 in the year to 31 Dec 2023, with a loss of £408k and 0 employees. The company is classified under “production of electricity” and is based in Liverpool; we hold 3 years of its filed accounts.

Full P&L filedSection D · Electricity, gas, steam and air conditioning supplySIC 35110Production of electricity

Status: In Administration
Location: Liverpool, North West
Age: 9 yrs · since 2017
Type: Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 31 Dec 2023

Key figures

Small teamCash flow filed

Revenue

£0

Growth —

Profit

−£408k

Growth ▼177.8%

Profit margin

—

Employees

Change —

Profit / employee

—

Profitable streak

0yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2021	31 Dec 2022	31 Dec 2023
Disclosure	No P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	£0	£0
Operating profit	—	£1.4m	£615k
Profit before tax	—	£525k	−£408k
Profit after tax	—	£525k	−£408k
Profit (best available)	—	£525k	−£408k
Employees (average)	0	0	0
Ratios
Profit margin	—	—	—
Cash conversion	—	−99.8%	−99.6%
Growth (year on year)
Profit growth	—	—	▼177.8%
Balance sheet — indirect signals, not revenue
Cash at bank	£290	£0	—
Net assets	−£3m	−£2.5m	−£2.9m
Current assets	£24.3m	£17.7m	—
Debtors	£24.3m	£17.7m	£11.9m
Cash from operations	—	−£1.4m	−£612k
Source	FullAccounts · bulk data Oct 2023	FullAccounts · bulk data Oct 2023	FullAccounts · bulk data Aug 2024

Derived from the latest filing

How the business works

Profit margin: —; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: —; Profit ÷ average employees.
Cash conversion: −99.6%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: —; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: —; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: —; Now −£2.9m
Cash at bank: —; Now —
Headcount: —; Now 0
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

Welink Portugal Investments (Ireland) Limited (registered outside the UK register)ultimate parent75–100%
Welink Energy Investments Portugal (UK) Limited75–100%
Welink Energy Portugal 2 (UK) Limitedthis company

Bands show the share of ownership each company holds in the one below it.

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

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Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit −£408k), from the Companies House accounts bulk data published Aug 2024. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.