BATTERSEA POWER STATION DEVELOPMENT COMPANY LIMITED
Get an alert when BATTERSEA POWER STATION DEVELOPMENT COMPANY LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-07-31 (in 2mo)
Last made up 2025-07-17
Watchouts
Cash
£12M
-4.8% vs 2023
Net assets
£2M
-31.6% vs 2023
Employees
95
-15.9% vs 2023
Profit before tax
-£778K
+32.2% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
3 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Net assets
2-year trend · vs Real Estate median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £23,413,476 | £20,566,726 | |
| Operating profit | -£1,378,005 | -£1,629,847 | |
| Profit before tax | -£1,146,920 | -£777,823 | |
| Net profit | -£1,146,920 | -£777,823 | |
| Cash | £13,097,444 | £12,470,110 | |
| Total assets less current liabilities | £5,213,405 | £3,548,186 | |
| Net assets | £2,462,710 | £1,684,887 | |
| Equity | £2,462,710 | £1,684,887 | |
| Average employees | 113 | 95 | |
| Wages | £14,583,413 | £12,271,283 |
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 | -5.9% | -7.9% | |
| Net margin | -4.9% | -3.8% | |
| Return on capital employed | -26.4% | -45.9% | |
| Gearing (liabilities / total assets) | 95.0% | 96.7% | |
| Current ratio | 0.99x | 0.98x | |
| Interest cover | -6.68x | -9.86x |
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
- UK-adopted International Accounting Standards
- Reporting scope
- Consolidated group
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Having taken all of this information into consideration the Directors are of the opinion that the Company and Group have adequate resources to continue its operational existence for the foreseeable future. For this reason they continue to adopt the going concern basis of accounting in preparing the annual financial statements.”
Group structure
- BATTERSEA POWER STATION DEVELOPMENT COMPANY LIMITED · parent
- Battersea Power Station Estate Management Limited 100%
- Battersea Power Station Asset Management Limited 100%
- Battersea Power Station Management Services Limited 100%
- Battersea Academy for Skills & Employment (BASE) C.I.C. 100%
Significant events
- “During the financial year ended 31 December 2024 the Group continued to deliver the Battersea Power Station (BPS) Project, in particular the delivery of the development of Phase 3B (which achieved practical completion on 5 February 2024) and Phase 3C of the master plan.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 27 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| VISTRA SECRETARIES LIMITED | Corporate Secretary | 2024-07-31 | — | — |
| BIN YUSOFF, Zaini | Director | 2024-10-01 | Dec 1964 | Malaysian |
| HO, Hon Sang, Datuk | Director | 2025-09-01 | Nov 1960 | Malaysian |
| ISA, Azrina Binti Mohd | Director | 2023-09-06 | Sep 1977 | Malaysian |
| MERICAN, Dato' Azmir Merican Bin Azmi | Director | 2020-06-09 | Mar 1971 | Malaysian |
| SENG, Siew Chee | Director | 2024-03-15 | Oct 1964 | Malaysian |
| TAN, Hwa Min | Director | 2025-11-17 | Dec 1975 | Malaysian |
Show 27 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| KINSEY, Madonna Louise | Secretary | 2013-04-08 | 2024-07-31 |
| NOROSE COMPANY SECRETARIAL SERVICES LIMITED | Corporate Secretary | 2012-07-20 | 2013-03-22 |
| ABDULLAH, Ahmad Ramzi Bin | Director | 2023-04-01 | 2023-09-04 |
| AMRIN BIN AWALUDDIN, Sri, Dato' | Director | 2017-10-31 | 2019-05-02 |
| ARIFFIN BIN ABDUL SAMAD, Kamarul | Director | 2014-04-22 | 2015-06-02 |
| BIN ABDULLAH, Mohd Idris Jaya Murali | Director | 2019-12-01 | 2021-10-01 |
| BIN WAN AHMAD AMIN JAFFRI, Wan Hashimi Albakri, Dato' | Director | 2019-05-02 | 2020-06-09 |
| CHAP JEN, Khor, Dato' | Director | 2015-09-11 | 2021-10-01 |
| CHEONG, Heng Leong | Director | 2012-08-31 | 2015-09-11 |
| DAUD, Nik Raof | Director | 2016-02-15 | 2017-10-31 |
| HAMIDI, Jauhari Bin, Dato' | Director | 2015-06-02 | 2018-09-21 |
| HENG, Tan Kok | Director | 2012-08-31 | 2014-04-22 |
| HENG CHOON, Soam, Dato' | Director | 2021-10-01 | 2025-09-01 |
| KAI WAI, Datuk Choong | Director | 2021-10-01 | 2025-10-01 |
| MARZUKI ABDUL AZIZ, Annuar | Director | 2023-02-24 | 2024-10-01 |
| MOHAMMAD SALLEH, Saidatul Hishan | Director | 2012-08-31 | 2020-03-06 |
| MOHD YUNUS, Yuslina Binti, Datuk | Director | 2022-10-01 | 2023-02-24 |
| MURPHY, Simon James | Director | 2013-01-15 | 2024-03-15 |
| NG, Choon Seng | Director | 2018-09-21 | 2019-12-01 |
| O'SULLIVAN, Donagh | Director | 2024-06-25 | 2025-05-23 |
| PENG KANG, Seri Koe, Dato' | Director | 2021-10-01 | 2022-10-01 |
| ROSLE, Annie | Director | 2020-03-06 | 2023-04-01 |
| TEOW, Leong Seng, Dato | Director | 2012-08-31 | 2015-09-11 |
| TINCKNELL, Robert George | Director | 2012-09-21 | 2018-04-30 |
| TUCK WAI, Wong, Datuk | Director | 2015-09-11 | 2021-10-01 |
| WESTON, Clive | Director | 2012-07-20 | 2012-08-31 |
| YUSOF TAHMALI, Zulkifli Tahmali | Director | 2012-08-31 | 2015-11-19 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Setia International Limited | Corporate entity | Shares 25–50% | 2016-04-06 | Ceased 2016-04-06 |
| Sime Darby Property (Hong Kong) Limited | Corporate entity | Shares 25–50% | 2016-04-06 | Ceased 2016-04-06 |
Filing timeline
Last 20 of 114 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-11-26 | AP01 | officers | Appoint person director company with name date | |
| 2025-10-07 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-16 | AA | accounts | Accounts with accounts type group | |
| 2025-09-11 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-10 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-31 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-02 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-19 | AA | accounts | Accounts with accounts type group | |
| 2024-10-09 | TM01 | officers | Termination director company with name termination date | |
| 2024-10-09 | AP01 | officers | Appoint person director company with name date | |
| 2024-08-01 | CH04 | officers | Change corporate secretary company with change date | |
| 2024-08-01 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-08-01 | AP04 | officers | Appoint corporate secretary company with name date | |
| 2024-07-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-01 | AP01 | officers | Appoint person director company with name date | |
| 2024-03-19 | AP01 | officers | Appoint person director company with name date | |
| 2024-03-18 | TM01 | officers | Termination director company with name termination date | |
| 2023-10-04 | AA | accounts | Accounts with accounts type group | |
| 2023-09-18 | AP01 | officers | Appoint person director company with name date | |
| 2023-09-18 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 0
- Officers appointed
- 2
- Officers resigned
- 3
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
-12.2%
£23,413,476 £20,566,726
-
Cash
-4.8%
£13,097,444 £12,470,110
-
Net assets
-31.6%
£2,462,710 £1,684,887
-
Employees
-15.9%
113 95
-
Operating profit
-18.3%
-£1,378,005 -£1,629,847
-
Profit before tax
+32.2%
-£1,146,920 -£777,823
-
Wages
-15.9%
£14,583,413 £12,271,283
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