UK Companies House feature
HGPE ASG FINANCE LIMITED
Cash
£9K
-94.9% vs 2023
Net assets
£347K
+8.3% vs 2023
Employees
0
Average over period
Profit before tax
£2M
+2,937.5% vs 2023
Profile
- Company number
- 08025555
- Status
- Active
- Incorporation
- 2012-04-11
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 66190
- Hubs
- UK Fintech
Net assets
6-year trend · vs UK Fintech median
Accounts
6-year trend · latest 2024-12-31
| Metric | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Turnover | £0 | £2,480,000 | £2,120,000 | — | — | — | |
| Operating profit | -£20,030 | £2,459,507 | £2,091,406 | — | — | — | |
| Profit before tax | -£43,883 | £2,395,958 | £2,027,857 | £2,411,673 | -£80,231 | £2,276,576 | |
| Net profit | -£43,883 | £2,395,958 | £2,027,857 | £2,411,673 | -£80,231 | £2,276,576 | |
| Cash | £0 | £21,858 | £72,948 | £1,983,363 | £181,368 | £9,181 | |
| Total assets less current liabilities | £174,694 | — | — | £2,150,182 | £319,951 | £346,527 | |
| Net assets | — | £210,652 | £238,509 | — | — | — | |
| Equity | £174,694 | £210,652 | £238,509 | £2,150,182 | £319,951 | £346,527 | |
| Average employees | — | — | — | — | — | 0 | |
| Wages | — | — | — | — | — | — |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102 §1A
- Reporting scope
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- Albert Goodman LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Company has net assets of £346,527 (2023: £319,951) and a cash balance of £9,181 (2023: £181,368). Notwithstanding the Company's net current liabilities of £3,048,081 (2023: £3,074,657), the Company will continue to be supported by both the Group and its investor Atrato Onsite Energy Holdco Limited, from whom a letter of support has been obtained to corroborate the investor's intentions in this regard. The Group remains profitable, generating a significant cash surplus each year above its group liabilities. Noting this, the directors believe that the Group and the investor both have the financial resources to support the Company as a going concern. Accordingly, the directors continue to adopt the going concern basis in preparing the financial statements. The going concern assessment is dependent on the immediate parent, Rooftop Solar 2 Limited, not seeking repayment of the amounts currently due, which at 31 December 2024 amounted to £15,469,426. Rooftop Solar 2 Limited has indicated that it does not intend to seek repayment of the amounts due and Atrato Onsite Energy Holdco Limited has indicated its intention to continue to make available such funds as are needed by the Company during the going assessment period. In auditing the financial statements, we have concluded that the Director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a year of at least twelve months from when the original financial statements were authorised for issue.”
Significant events
- “As part of the loan note agreement with A Shade Greener (F2) Ltd, the Company has entered into a cross group guarantee with A Shade Greener (F2) Ltd, HGPE ASG Limited and HGPE ASG Assetco Ltd. At the balance sheet date, the year end liability under the cross group guarantee for the Company was £23,394,679 (2023 - £24,857,000).”
- “Following a group restructuring post year end, the ultimate controlling party is Brookfield Corporation by virtue of its shareholding, a Company registered in Ontario, Canada.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
4 active · 18 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ARNOLD HILL & CO LLP | Corporate Secretary | 2018-02-12 | — | — |
| GUJRAL, Gurpreet Singh | Director | 2024-10-08 | Jun 1980 | British |
| ODEDRA, Bhavna | Director | 2025-06-02 | Jul 1987 | British |
| SCHULER, Gustaf Patrick | Director | 2024-11-07 | Jul 1982 | German |
Show 18 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HERMES SECRETARIAT LIMITED | Corporate Secretary | 2012-07-05 | 2018-02-11 |
| TRAVERS SMITH SECRETARIES LIMITED | Corporate Secretary | 2012-04-11 | 2012-07-05 |
| BRACKEN, Ruth | Director | 2012-04-11 | 2012-07-05 |
| COLLEY, Sion | Director | 2012-07-05 | 2018-05-30 |
| DE RUN, Hamish Nihal Malcom | Director | 2013-09-24 | 2017-02-28 |
| DOST, Verdeep Singh | Director | 2018-06-06 | 2020-10-06 |
| GRIFFITH, Rhianydd | Director | 2020-11-05 | 2023-06-01 |
| HOFBAUER, Peter Francis | Director | 2012-07-05 | 2016-10-21 |
| HOWELL, Emma | Director | 2016-10-21 | 2023-10-24 |
| MARKHAM, Natalie | Director | 2023-10-24 | 2024-11-07 |
| NICHOLLS, Janine | Director | 2012-07-05 | 2013-06-28 |
| NOBLE, Perry Denis | Director | 2016-10-21 | 2019-07-03 |
| NOBLE, Steven David | Director | 2023-10-24 | 2024-09-06 |
| PIETERSE, Brett Johannes Theodorus | Director | 2024-11-07 | 2025-06-02 |
| SANDS, Karen Jane | Director | 2017-03-01 | 2019-03-13 |
| TOWNSEND, Lara Emily | Director | 2023-10-24 | 2024-10-16 |
| TRAVERS SMITH LIMITED | Corporate Director | 2012-04-11 | 2012-07-05 |
| TRAVERS SMITH SECRETARIES LIMITED | Corporate Director | 2012-04-11 | 2012-07-05 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Rooftop Solar 2 Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2023-10-24 | Active |
| Hermes Gpe Infrastructure Fund Lp | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2023-10-24 |
Filing timeline
Last 20 of 92 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-04-16 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-07-11 | AA | accounts | accounts with accounts type full |
| 2025-06-04 | TM01 | officers | termination director company with name termination date |
| 2025-06-04 | AP01 | officers | appoint person director company with name date |
| 2025-04-15 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-12-10 | AP01 | officers | appoint person director company with name date |
| 2024-12-09 | AP01 | officers | appoint person director company with name date |
| 2024-12-09 | TM01 | officers | termination director company with name termination date |
| 2024-10-28 | TM01 | officers | termination director company with name termination date |
| 2024-10-28 | AP01 | officers | appoint person director company with name date |
| 2024-09-27 | AA | accounts | accounts with accounts type full |
| 2024-09-10 | TM01 | officers | termination director company with name termination date |
| 2024-04-18 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-04-18 | CH04 | officers | change corporate secretary company with change date |
| 2024-04-12 | AD01 | address | change registered office address company with date old address new address |
| 2024-02-20 | ANNOTATION | miscellaneous | legacy |
| 2023-11-01 | AD01 | address | change registered office address company with date old address new address |
| 2023-11-01 | PSC02 | persons-with-significant-control | notification of a person with significant control |
| 2023-11-01 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2023-11-01 | TM01 | officers | termination director company with name termination date |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Composite activity score · components 0–100 · reference 2026-05-10
34.6
COLD
/ 100
- Filings velocity 33
- Capital events 0
- Officer churn 50
- Headcount trajectory 50
- Accounts trajectory 58
- 4 filing(s) in last 12 months
- 1 appointed, 1 resigned (12mo)
- Total Assets Less Current Liabilities +8% YoY