PROJECT BETTER ENERGY LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2027-04-11 (in 11mo)
Last made up 2026-03-28
Watchouts
None on the register
Cash
£3M
-58% vs 2024
Net assets
£9M
-19.5% vs 2024
Employees
261
-3.3% vs 2024
Profit before tax
-£3M
+68.3% vs 2024
Name history
Renamed 3 times since incorporation
- PROJECT BETTER ENERGY LIMITED 2016-02-02 → present
- BETTER ENERGY LIMITED 2014-03-28 → 2016-02-02
- PROJECT LED UK LIMITED 2012-10-22 → 2014-03-28
- SUN POWER RENEWABLES LIMITED 2012-01-25 → 2012-10-22
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Turnover | £98,494,995 | £73,054,674 | |
| Operating profit | -£7,290,111 | -£2,151,696 | |
| Profit before tax | -£7,979,834 | -£2,527,779 | |
| Net profit | -£8,182,727 | -£2,206,831 | |
| Cash | £7,412,783 | £3,115,219 | |
| Total assets less current liabilities | £16,211,979 | £13,358,785 | |
| Net assets | £11,311,120 | £9,104,289 | |
| Equity | £11,311,120 | £9,104,289 | |
| Average employees | 270 | 261 | |
| Wages | £11,074,049 | £10,733,829 |
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 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Operating margin | -7.4% | -2.9% | |
| Net margin | -8.3% | -3.0% | |
| Return on capital employed | -45.0% | -16.1% | |
| Gearing (liabilities / total assets) | 64.9% | 61.9% | |
| Current ratio | 1.82x | 1.85x | |
| Interest cover | -7.45x | -4.56x |
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
- Consolidated group
- Auditor
- Cooper Parry Group Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In light of the ongoing threat posed by a volatile macro-economic environment, the group and company board of directors has completed a rigorous review of its going concern assessment and undertaken a series of actions to test and enhance the robustness of its approach to cash flow and liquidity planning for a period of at least twelve months from the date of signing these financial statements.”
Group structure
- PROJECT BETTER ENERGY LIMITED · parent
- Curv360 Limited 100%
- Eco Energy Works Limited 100%
- Project Solar UK Limited 100%
Significant events
- “Subsequent to the balance sheet date, the group completed a new equity funding round. On 1 August 2025, PBE Topco Limited issued 12,713,999 A Preference Shares at £1.00 per share to Freshstream II Investments Coöperatief U.A., raising gross proceeds of £12.7 million.”
- “On 4 August 2025, the company acquired 100% of the share capital of Elco Group Limited, a provider of commercial solar solutions in the UK across the commercial and residential new build segments. The acquisition strengthens the group's strategic position in the renewable energy sector and expands its capabilities in the commercial solar market.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 8 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ATHERTON, Paul John | Director | 2026-03-23 | Jun 1973 | English |
| DAY, Christopher Michael | Director | 2025-02-19 | Mar 1984 | British |
| DEENEY, Mark Anthony | Director | 2026-03-23 | Aug 1979 | Irish |
Show 8 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| TAYLOR, Mark | Secretary | 2023-09-14 | 2024-11-27 |
| HOWARD, Mitchell | Director | 2013-12-18 | 2014-03-31 |
| PEAT, Simon John | Director | 2014-03-31 | 2026-03-31 |
| PEAT, Simon John | Director | 2012-01-25 | 2012-10-01 |
| SINGH BAHRA, Gurmukh | Director | 2012-01-25 | 2012-12-18 |
| SMITH, Mark William | Director | 2014-03-31 | 2014-07-08 |
| WALTON-GREEN, Andrew John Scott | Director | 2014-03-31 | 2025-02-19 |
| WOOD, Colin | Director | 2014-03-31 | 2024-03-26 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Pbe Bidco Limited | Legal person | Shares 75–100%, Voting 75–100%, Appoints directors | 2023-10-20 | Active |
| Mr Simon John Peat | Individual | Shares 25–50%, Voting 25–50% | 2017-01-25 | Ceased 2023-10-20 |
| Mr Andrew John Scott Walton-Green | Individual | Shares 50–75%, Voting 50–75% | 2017-01-25 | Ceased 2023-10-20 |
| Mr Colin Wood | Individual | Appoints directors | 2017-01-25 | Ceased 2017-01-25 |
Filing timeline
Last 20 of 94 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-04-22 RESOLUTIONS Resolution
- 2026-04-22 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-22 | RESOLUTIONS | resolution | Resolution | |
| 2026-04-22 | MA | incorporation | Memorandum articles | |
| 2026-04-08 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-04-02 | TM01 | officers | Termination director company with name termination date | |
| 2026-04-02 | SH01 | capital | Capital allotment shares | |
| 2026-04-02 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-03-31 | AP01 | officers | Appoint person director company with name date | |
| 2026-03-30 | AP01 | officers | Appoint person director company with name date | |
| 2025-10-03 | AA | accounts | Accounts with accounts type group | |
| 2025-08-05 | SH01 | capital | Capital allotment shares | |
| 2025-04-10 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-02-28 | TM01 | officers | Termination director company with name termination date | |
| 2025-02-25 | AP01 | officers | Appoint person director company with name date | |
| 2024-12-31 | AA | accounts | Accounts with accounts type group | |
| 2024-11-27 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-07-25 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-05-03 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-03-28 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-03-27 | TM01 | officers | Termination director company with name termination date | |
| 2024-02-07 | CS01 | confirmation-statement | Confirmation statement with updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 10
- Capital events
- 2
- Officers appointed
- 2
- Officers resigned
- 1
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
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
-25.8%
£98,494,995 £73,054,674
-
Cash
-58%
£7,412,783 £3,115,219
-
Net assets
-19.5%
£11,311,120 £9,104,289
-
Employees
-3.3%
270 261
-
Operating profit
+70.5%
-£7,290,111 -£2,151,696
-
Profit before tax
+68.3%
-£7,979,834 -£2,527,779
-
Wages
-3.1%
£11,074,049 £10,733,829
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