UK Companies House feature
OPEN ENERGY MARKET LIMITED
Cash
£2M
+131% vs 2024
Net assets
-£1M
+40.4% vs 2024
Employees
66
+20% vs 2024
Profit before tax
£325K
+137.9% vs 2024
Profile
- Company number
- 08264515
- Status
- Active
- Incorporation
- 2012-10-23
- Last accounts made up
- 2025-01-31
- Account category
- FULL
- Primary SIC
- 63110
Net assets
5-year trend · vs UK AI & Enterprise SaaS median
Accounts
5-year trend · latest 2025-01-31
| Metric | Trend | 2022-01-31 | 2023-01-31 | 2023-02-01 | 2024-01-31 | 2025-01-31 |
|---|---|---|---|---|---|---|
| Turnover | — | — | — | £7,340,630 | £10,930,016 | |
| Operating profit | — | — | — | -£672,923 | £464,816 | |
| Profit before tax | — | — | — | -£857,383 | £325,074 | |
| Net profit | — | — | — | -£447,074 | £685,399 | |
| Cash | £754,265 | £665,942 | £665,942 | £657,949 | £1,519,734 | |
| Total assets less current liabilities | £298,308 | -£646,098 | — | -£1,549,656 | -£1,162,929 | |
| Net assets | -£1,229,192 | -£1,743,166 | — | -£2,190,240 | -£1,304,841 | |
| Equity | -£1,229,192 | -£1,743,166 | — | -£2,190,240 | -£1,304,841 | |
| Average employees | 42 | 43 | — | 55 | 66 | |
| Wages | — | — | — | £4,039,219 | £5,269,207 |
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
- Reporting scope
- Standalone (parent only)
- Auditor
- Buzzacott Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the reporting date, the company had net liabilities of £1,304,841. £6,235,004 of the company's liabilities relate to deferred income that will be earned over the course of customer contracts. Excluding these amounts, the company is in a net asset position of £4,930,163. In addition, the company's forecasts show both profits and positive cash flows for the foreseeable future. The directors are confident therefore that the company will continue to meet its liabilities as and when they fall due for at least twelve months from the date of approval of these financial statements. They therefore consider it appropriate to prepare the financial statements on the going concern basis.”
Subsidiaries
- TM Consultants Limited · 100% held · United Kingdom
Significant events
- “Revenue increased by 48.9% to £10.9 million, driven by new client acquisitions and specific projects to assist clients with reducing their energy costs.”
- “Gross profit margin reduced by 4.9% to 83.7%.”
- “Operating profit was £465k, reflecting investment in technology and staff development.”
- “Cash flow remained strong, with £1.5million cash at bank ensuring liquidity and resilience.”
- “Further development of initiatives to both delight and provide value to our customers, including continued development of our online platform, designed to support customers in managing their energy procurement and delivering sustainability strategies.”
- “Development of initiatives to increase employee engagement to enhance both our culture and our employee success.”
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
6 active · 6 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HARRIS, Dominic Joseph | Director | 2023-05-04 | Jan 1975 | British |
| HULL, Jackson Robie, Mr. | Director | 2022-09-20 | Aug 1978 | British |
| MACLEAN, Christopher Charles Aubrey | Director | 2012-10-23 | Mar 1982 | British |
| WALDEN-JONES, Thomas Richard | Director | 2016-08-11 | Sep 1981 | British |
| WARD, Michael John | Director | 2019-11-05 | Nov 1963 | British |
| WOOD, Fiona Anne Murray | Director | 2025-07-21 | Feb 1962 | British |
Show 6 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CROUCH, Andrew Michael | Director | 2016-05-11 | 2019-08-21 |
| HODGSON, Richard George | Director | 2015-06-05 | 2018-01-24 |
| JOSS, William Alexander | Director | 2018-04-24 | 2019-09-10 |
| LASS, Anthony Charles St Clair | Director | 2012-10-23 | 2018-06-28 |
| LINDSAY, Alexandra Jacquetta | Director | 2018-01-25 | 2022-08-19 |
| MOORE, Richard Lawrence Hamilton | Director | 2021-01-24 | 2021-07-15 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Christopher Charles Aubrey Maclean | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2018-01-25 |
| Mr Anthony Charles Lass | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2018-01-25 |
Filing timeline
Last 20 of 74 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-02-02 | SH01 | capital | capital allotment shares |
| 2025-10-31 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-10-30 | AA | accounts | accounts with accounts type full |
| 2025-07-24 | AP01 | officers | appoint person director company with name date |
| 2024-12-10 | AA | accounts | accounts with accounts type small |
| 2024-10-23 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-09-18 | SH01 | capital | capital allotment shares |
| 2023-11-13 | AAMD | accounts | accounts amended with accounts type small |
| 2023-10-30 | SH01 | capital | capital allotment shares |
| 2023-10-26 | CS01 | confirmation-statement | confirmation statement with updates |
| 2023-08-07 | AA | accounts | accounts with accounts type small |
| 2023-05-04 | AP01 | officers | appoint person director company with name date |
| 2022-11-03 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2022-10-13 | AP01 | officers | appoint person director company with name date |
| 2022-09-07 | TM01 | officers | termination director company with name termination date |
| 2022-08-25 | AA | accounts | accounts with accounts type small |
| 2021-10-25 | CS01 | confirmation-statement | confirmation statement with updates |
| 2021-07-22 | TM01 | officers | termination director company with name termination date |
| 2021-05-14 | AA | accounts | accounts with accounts type small |
| 2021-05-12 | MR04 | mortgage | mortgage satisfy charge full |
Credit score
Altman Z″ (private-firm) · reference 2025-01-31
-0.89
DISTRESS
Altman Z″
- Working capital / Total assets -0.173 × 6.56 = -1.13
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets 0.059 × 6.72 = +0.40
- Book equity / Total liabilities -0.142 × 1.05 = -0.15
Bands: > 2.6 safe · 1.1–2.6 grey · < 1.1 distress. Z″ is a public-formula baseline, not a substitute for adverse-data signals (CCJs, charges, gazette notices) — those land in a later pass.
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory