GLOBELEQ AFRICA INVESTMENTS LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-08-03 (in 3mo)
Last made up 2025-07-20
Watchouts
None on the register
Cash
£4M
-42.8% vs 2023
Net assets
£256M
-5.1% vs 2023
Employees
61
+13% vs 2023
Profit before tax
-£13M
+0.4% vs 2023
Name history
Renamed 5 times since incorporation — the current trading name was adopted 2025-04-14
- GLOBELEQ AFRICA INVESTMENTS LIMITED 2025-04-14 → present
- GLOBELEQ AFRICA INVESTMENTS LIMITED LIMITED 2025-04-11 → 2025-04-14
- GLOBELEQ AFRICA LIMITED 2018-01-09 → 2025-04-11
- GLOBELEQ ADVISORS LIMITED 2001-09-18 → 2018-01-09
- GLOBELEQ MANAGEMENT LIMITED 2001-08-29 → 2001-09-18
- JUPITERBROOK LIMITED 2001-07-12 → 2001-08-29
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £5,217,696 | £9,756,194 | |
| Operating profit | -£10,898,600 | -£7,807,930 | |
| Profit before tax | -£12,653,735 | -£12,599,629 | |
| Net profit | -£13,706,807 | -£13,772,252 | |
| Cash | £7,568,941 | £4,333,128 | |
| Total assets less current liabilities | £276,072,044 | £257,767,137 | |
| Net assets | £269,994,285 | £256,222,033 | |
| Equity | £269,994,285 | £256,222,033 | |
| Average employees | 54 | 61 | |
| Wages | £11,825,737 | £9,883,182 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | -208.9% | -80.0% | |
| Net margin | -262.7% | -141.2% | |
| Return on capital employed | -3.9% | -3.0% | |
| Gearing (liabilities / total assets) | 27.5% | 32.2% | |
| Current ratio | 0.64x | 0.48x | |
| Interest cover | -44.09x | -31.11x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Company's parent undertaking has committed to provide financial support to the Company, should it be required, for the period to 30 June 2026. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the period to 30 June 2026. Taking into account continuing support from the parent company, the directors are comfortable with the financial statements being prepared on a going concern basis.”
Group structure
- GLOBELEQ AFRICA INVESTMENTS LIMITED · parent
- De Aar Solar Power (RF) (Pty) Ltd 56.8%
- Droogfontein Solar Power (RF) (Pty) Ltd 56.8%
- Jeffreys Bay Wind Farm (RF) (Pty) Ltd 59%
- Songas Ltd 54.1%
- Klipheuwel Wind Farm (RF) Pty Ltd 65%
- Aries Solar Power (RF) Pty Ltd 51%
- Konkoonsies Solar Power (RF) Pty Ltd 51%
- Soutpan Solar Power (RF) Pty Ltd 51%
- Boshof solar Power (RF) Pty Ltd 51%
- Azito Energie SA 76.9%
- Malindi Solar Group Ltd 90%
- Globeleq Energia Mocambique SA 99.9%
- ARC Renewable Energy Ltd 100%
- AGV Projects (Pty) Ltd 100%
- K2022578590 South Africa Pty Ltd (Phula) 100%
Significant events
- “Legal entity restructure: The Company is considering a legal entity restructure which it is discussing with its shareholders. At the time of approving the 2024 financial statements, the only changes made are that, on 11 April 2025 Globeleq Africa Limited name has changed to Globeleq Africa Investments Limited, and two new entities, Globeleq Africa Limited and Globeleq Services Limited have been incorporated on 16 April 2025 and 31 May 2025 respectively. On the 10th of June, a sales agreement for Globeleq Holdings Zambia Limited and its subsidiaries, as well as Red Sands BESS (RF) Proprietary Limited, was completed between the Company and Globeleq Africa Limited.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 28 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| YAROSHENKO, Nataliya | Secretary | 2024-01-08 | — | — |
| DAVIDSON, Nicholas Robyn | Director | 2024-08-31 | Aug 1981 | British |
| WEBB, Simon John, Mr | Director | 2024-01-01 | Jul 1982 | British |
| YAROSHENKO, Nataliya | Director | 2025-01-27 | May 1992 | British |
Show 28 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DAKWA, Kimberley | Secretary | 2019-04-01 | 2024-04-19 |
| HUTCHINS, Jonathan Richard Marcus | Secretary | 2002-05-31 | 2004-01-23 |
| RAMSAY, Andrew Stephen James | Secretary | 2016-12-05 | 2024-01-01 |
| SWEET, Simon Andrew | Secretary | 2004-01-23 | 2016-12-05 |
| CLIFFORD CHANCE SECRETARIES LIMITED | Corporate Nominee Secretary | 2001-07-12 | 2002-05-31 |
| CAESAR, Torbjorn Knut | Director | 2002-05-31 | 2007-11-21 |
| CAKE, Stephen David Lawrence | Director | 2002-05-31 | 2004-12-14 |
| CAZENOVE, George David De Lerisson | Director | 2024-08-31 | 2025-01-27 |
| COXON, Ian James | Director | 2020-01-23 | 2024-08-31 |
| DOLAN, John David | Director | 2007-11-21 | 2008-02-26 |
| GRYLLS, David Stuart Michael | Director | 2004-06-23 | 2008-09-02 |
| HANRAHAN, Paul Thaddeus | Director | 2018-01-08 | 2019-12-31 |
| HART, Robert Charles | Director | 2002-05-31 | 2003-11-12 |
| HOFFMAN, Jonathan Julius | Director | 2024-07-01 | 2025-01-27 |
| HUTCHINS, Jonathan Richard Marcus | Director | 2007-10-08 | 2007-11-21 |
| HUTCHINS, Jonathan Richard Marcus | Director | 2002-05-31 | 2003-11-12 |
| KARLSSON, Mikael Roland | Director | 2009-11-18 | 2015-09-03 |
| LAYTON, Matthew Robert | Nominee Director | 2001-07-12 | 2002-05-31 |
| PARSONS, Michael Gary | Director | 2009-02-06 | 2018-03-28 |
| RAMSAY, Andrew Stephen James, Mr. | Director | 2016-04-11 | 2024-01-01 |
| RICHARDS, Martin Edgar | Nominee Director | 2001-07-12 | 2002-05-31 |
| ROBERTS, William Mark | Director | 2003-11-12 | 2004-06-01 |
| SARKAR, Ashish Dev | Director | 2008-04-08 | 2009-02-06 |
| SCHMIDT, Marlise | Director | 2024-08-31 | 2025-01-27 |
| SCHOLEY, Michael David | Director | 2015-09-03 | 2024-06-30 |
| VASSILEOU, Stelios | Director | 2004-12-22 | 2007-11-21 |
| WILKINS, Susan Mcnab | Director | 2007-11-21 | 2015-09-03 |
| WOODWARD, Geoffery Alan | Director | 2002-05-31 | 2003-02-10 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| The Norwegian Investment Fund For Developing Countries | Corporate entity | Significant influence | 2018-04-06 | Active |
| British International Investment Plc | Corporate entity | Significant influence | 2017-12-04 | Active |
| Globeleq Africa Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2017-12-04 |
| Globeleq Limited | Corporate entity | Significant influence | 2016-04-06 | Ceased 2017-12-04 |
| Globeleq Africa Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 150 total filings
Material constitutional events — rename, articles re-file, resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-23 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-03-02 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-07-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-09 | AA | accounts | Accounts with accounts type full | |
| 2025-04-14 | CERTNM | change-of-name | Certificate change of name company | |
| 2025-04-11 | CERTNM | change-of-name | Certificate change of name company | |
| 2025-01-28 | AP01 | officers | Appoint person director company with name date | |
| 2025-01-27 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-27 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-27 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-04 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-03 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-03 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-03 | TM01 | officers | Termination director company with name termination date | |
| 2024-07-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-26 | AA | accounts | Accounts with accounts type full | |
| 2024-07-02 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-02 | TM01 | officers | Termination director company with name termination date | |
| 2024-04-19 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-01-09 | AP03 | officers | Appoint person secretary company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+87%
£5,217,696 £9,756,194
-
Cash
-42.8%
£7,568,941 £4,333,128
-
Net assets
-5.1%
£269,994,285 £256,222,033
-
Employees
+13%
54 61
-
Operating profit
+28.4%
-£10,898,600 -£7,807,930
-
Profit before tax
+0.4%
-£12,653,735 -£12,599,629
-
Wages
-16.4%
£11,825,737 £9,883,182
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers