OPEN ENERGY MARKET LIMITED
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Next accounts due
2026-10-31 (in 5mo)
Last filed for 2025-01-31
Confirmation statement due
2026-11-06 (in 6mo)
Last made up 2025-10-23
Watchouts
None on the register
Cash
£2M
+131% highest in 5 filed years
Net assets
-£1M
+40.4% vs 2024
Employees
66
+20% highest in 4 filed years
Profit before tax
£325K
+137.9% vs 2024
Net assets
5-year trend · vs Technology median
Accounts
5-year trend · latest reflected 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 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 | 2022-01-31 | 2023-01-31 | 2023-02-01 | 2024-01-31 | 2025-01-31 |
|---|---|---|---|---|---|---|
| Operating margin | — | — | — | -9.2% | 4.3% | |
| Net margin | — | — | — | -6.1% | 6.3% | |
| Return on capital employed | — | — | — | 43.4% | -40.0% | |
| Interest cover | — | — | — | -3.65x | 3.20x |
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
- 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.”
Group structure
- OPEN ENERGY MARKET LIMITED · parent
- TM Consultants Limited 100%
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 and subsidiary information is drawn from the narrative of the latest annual accounts. 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 |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 2
- Officers appointed
- 1
- 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
FY2024 → FY2025 · period ending 2025-01-31 vs 2024-01-31
-
Turnover
+48.9%
£7,340,630 £10,930,016
-
Cash
+131%
£657,949 £1,519,734
highest in 5 filed years
-
Net assets
+40.4%
-£2,190,240 -£1,304,841
-
Employees
+20%
55 66
highest in 4 filed years
-
Operating profit
+169.1%
-£672,923 £464,816
-
Profit before tax
+137.9%
-£857,383 £325,074
-
Wages
+30.5%
£4,039,219 £5,269,207
Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers