# PATHFINDER CLEAN ENERGY (PACE) UKDEV LTD (11367271)

> PATHFINDER CLEAN ENERGY (PACE) UKDEV LTD is an active private limited company (company number 11367271) incorporated on 17 May 2018, registered in Norwich. Its registered activity is construction of utility projects for electricity and telecommunications (SIC 42220). Latest small accounts cover the period ending 31 January 2025, showing net assets of −£3.39m and cash of £75k, with 12 employees on average. Net assets fell 91% on the prior period (−£1.78m).

- Status: Active
- Incorporated: 2018-05-17
- Registered office: Norwich, NR7 0HR
- SIC 42220: Construction of utility projects for electricity and telecommunications
- Next accounts due: 2026-10-31
- Confirmation statement due: 2027-05-31
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the bottom quarter of 406 comparable companies in Other (median £5,052, upper quartile £41k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-01-31 | −£3.39m | £75k | £7.03m | £10.57m | — | — | 12 |
| 2024-01-31 | −£1.78m | £60k | £4.02m | £5.99m | — | — | 8 |

current ratio 0.68; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets below zero: Net assets £-3,389,798 at 31 January 2025
- Net assets down 25% or more on the prior period: -90.6% vs prior period
- Current assets below creditors within one year: Current ratio 0.68
- Cash at bank of £50,000 or more: Cash £75,179
- Incorporated five or more years ago: Incorporated 17 May 2018

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Robert Charles Denman — has significant influence or control, since 2018-05-17
- Pathfinder Clean Energy (Pace) Midco Limited (corporate-entity) — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2025-08-20

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/11367271
HTML: https://firmoscan.com/company/11367271-pathfinder-clean-energy-pace-ukdev-ltd