Value chain · CLM-1382
In plain terms
At its 2025 year end the UK company Cassiopeia Solar owed slightly more than it owned. Its main asset was about 251,000 pounds of patent costs, and it had four staff on average.
The claim as recorded
Cassiopeia Solar Limited, company 14465681, reports net liabilities of GBP 27,910 at 30 September 2025 (GBP 32,881 at 30 September 2024): intangible assets of GBP 250,749 against net current liabilities of GBP 278,659, with called-up share capital of GBP 1,001 and retained earnings of minus GBP 28,911; the average number of employees was 4 in both years, and the filing lists four directors.
Evidence behind this: T1-statutory filing; unaudited, the company's own statement
Scope and limits
Unaudited: the company claimed the s477 audit exemption (PDF p.4), so every figure is its own unexamined statement. Small companies regime; "the Statement of Income and Retained Earnings has not been delivered" (PDF p.4), so turnover and the year's result are not stated. The retained deficit narrowed by GBP 4,971 (our arithmetic), but the filing does not say what made up that change. Historic: figures are at 30 September 2025. The director count is from the filing as approved on 17 April 2026; CLM-0078 checked named individuals on the live register on 2026-09-02, two of whom are directors of this company; it is not a full officer list, so it neither confirms nor contradicts the filing's four. No inference about prospects is drawn or permitted.
What it assumes
No assumptions are recorded against this claim.
Where it comes from
Balance sheet, PDF p.4 (printed p.2): intangible assets 250,749 (2024: 250,053); debtors 23,019 (143); creditors due within one year 301,678 (283,077); net current liabilities (278,659) ((282,934)); total assets less current liabilities (27,910) ((32,881)); share capital 1,001; retained earnings (28,911) ((33,882)). Note 3, PDF p.5: average employees 4 (2024: 4). Company information, PDF p.3: four directors listed. Approved by the board on 17 April 2026 and signed by one director. Sums recomputed and consistent (our arithmetic).
Basis: GBP
Related records
- Answers question
- QST-005 not published in this release
Cite this
energyaperture.com/c/clm-1382
CLM-1382, Energy Aperture, as of 2025-09-30.
Connected records
Other published records linked to this one. A list, not a judgement.