QC OTRANTO LIMITED, BN3 2DL : Companies House Number 15112610

Executive summary

Qc Otranto Limited is a newly incorporated entity engaged in solar electricity generation currently in development with no operational revenues. The company exhibits high liquidity risk due to negative net current assets and reliance on intercompany payables for funding. While regulatory compliance is maintained and ownership structure is clear, significant uncertainties remain around capital adequacy and operational commencement, warranting cautious investor consideration and further due diligence on project viability and funding plans.

Read the full AI analysis →

Shareholders' funds

£1,410,038

Balance sheet as at 2025-12-31

View full accounts →

What it does

The principal activity of the company is the generation of electricity using solar technology, although the plant is in the development phase and no operational activity was carried out during the period.REVIEW OF DEVELOPMENTDuring the period under review, the Company’s profit and loss account includes bank fees, professional tax advisory fees and interest expenses. All other expenses have been capitalised in accordance with normal FRS 102 practice, as they are directly attributable to the development of the project.In line with FRS 102, a cost that is directly related to bringing an asset to the condition necessary for it to be capable of operating in the manner intended by management is capitalised, while only a cost not meeting the capitalisation criteria is recognised immediately in the profit and loss account.

The company's own description, from its latest filed accounts.