GREEN ENERGY TECHNOLOGY LTD
Company number NI072042 · Monitor this company
Executive summary
GREEN ENERGY TECHNOLOGY LTD is a dissolved company that suffered a catastrophic financial collapse in its final year, with net assets swinging from +£61,745 to -£76,416—a terminal insolvency event. The company had a pre-existing vulnerability, having been insolvent in its early years, and its apparent recovery masked fragile fundamentals including thin equity, declining cash, and over-reliance on debt. This case demonstrates how businesses with chronic financial weakness can appear healthy before suffering sudden, fatal collapse—underscoring the importance of monitoring working capital, cash reserves, and revenue diversification as vital signs of ongoing financial health.
Shareholders' funds
-£76,416
Balance sheet as at 2017-03-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 2009-03-16
- Dissolved
- 2026-08-07
- Registered office
- Lecale Cf, 50 Stranmillis Embankment, Belfast, BT9 5FL
- Postcode
- BT9 5FL
- Capital
- 2 GBP
- Accounts category
- Micro
Accounts
- Last made up to
- 2018-03-31
- Financial year end
- 31 March
Confirmation statement
- Last statement dated
- 2019-03-16
Nature of business (SIC)
- 81229 Other building and industrial cleaning activities
Officers 3 current · 1 resigned
Contact details
Previous registered addresses 2
| Address | Changed on |
|---|---|
| 30 BALLYNABRAGGET ROAD, 35 BALLYLOUGH ROAD, WARINGSTOWN, ARMAGH, BT66 7SH, NORTHERN IRELAND | 2012-10-17 |
| AT THE OFFICES OF, MICHAEL MCDOOWELL, 35 BALLYLOUGH ROAD, DONACLONEY, BT66 7PQ | 2012-05-04 |
The class of 2009
21%
of the 315,096 companies incorporated in 2009 are still active today; 77% have since been dissolved.
A fact about the year, not a forecast for this company.