OXYGEN HOUSE GROUP LIMITED

• ◆

  2 PSCs ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. OXYGEN HOUSE GROUP LIMITED 2018-04-06 → present
2. OXYGEN HOUSE INVESTMENTS LIMITED 2016-01-25 → 2018-04-06
3. ANDROMEDA CAPITAL PARTNERS (INVESTMENTS) LIMITED 2012-11-23 → 2016-01-25

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

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.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“These financial statements have been prepared on a going concern basis As part of the going concern assessment the Directors reviewed cash flow forecasts for 2025 and 2026, including availability of new investor funding To address the principal risks and uncertainties to which the Company is exposed, the board considered different scenarios based on differently levels of business activity driven by the Company's success in purchasing new land for development, income from solar renewable energy and volumes of new customers to Sparx homework products The Directors have confirmed that the principal shareholder will provide financial support to the Company and group for at least 12 months from the date of approval of these financial statements and have a reasonable expectation that the group has adequate resources to continue in operational existence for the foreseeable future Therefore, the Company has continued to use the going concern basis for the preparation of these financial statements”

Group structure

1. OXYGEN HOUSE GROUP LIMITED · parent
   1. Oxygen House Limited 100%
   2. Grenadier Estates Limited 100%
   3. ATASS Solar Limited 100%
   4. Low Carbon Oxygen Limited 98.96%
   5. Low Carbon Group Limited 70%
   6. Oxygen Conservation Limited 100%
   7. Oxygen Conservation Portfolio 1 Limited 100%
   8. Sparx Limited 90%
   9. Grenadier Emperor Limited 100%
   10. Grenadier Exmouth Limited 100%
   11. Grenadier 29 Limited 100%
   12. St Margaret's Residences (Exeter) Limited 100%
   13. Queen's Drive Exmouth Community Interest Company Limited 75%
   14. Oxygen Conservation Portfolio 1 Limited 100%
   15. Oxygen Conservation Holdings 1 Limited 80%
   16. Aberaeron Conservation Limited 80%
   17. Siblyback Conservation Limited 80%
   18. Mornacott Conservation Limited 80%
   19. Shropham Conservation Limited 80%
   20. Skyfall Conservation Limited 80%
   21. Oxygen Conservation Holdings 1B Limited 80%
   22. Invergeldie Conservation Limited 80%
   23. B&H Conservation Limited 80%
   24. Park Farm Solar Limited 70%
   25. Low Carbon Rooftops Limited 70%
   26. Camber Solar Project Limited 70%
   27. Low Carbon Ventures Limited 70%
   28. LCIP 1 Holdings Limited 70%
   29. Low Carbon Flexible Generation Limited 70%
   30. Low Carbon Investment Partners 1 Limited 70%
   31. Low Carbon Solar Investment Company Limited 70%
   32. Low Carbon Solar Holding 1 Limited 98.96%
   33. Skegness Solar Park Limited 98.96%
   34. Low Carbon Solar Holding 2 Limited 98.96%
   35. Hellums Field Solar Park Limited 98.96%
   36. Warleigh Barton Solar Park Limited 98.96%
   37. Trigon Solar Park Limited 98.96%
   38. Wilmingham Solar Park Limited 98.96%
   39. Hope Solar Park Limited 98.96%
   40. Callington Solar Park Limited 98.96%
   41. Low Carbon Solar Finance Limited 98.96%
   42. Four Burrows Solar Park Limited 98.96%
   43. Rudbaxton Solar Park Limited 98.96%
   44. St Columb Solar Park Limited 98.96%
   45. Battens Farm Solar Park Limited 98.96%
   46. Lackford Estate Solar Park Limited 98.96%
   47. Trenouth Solar Farm Limited 98.96%
   48. Trenouth Solar Investment Company Limited 98.96%

Significant events

• “Highlights included significant new land acquisitions for conservation, expansion of educational technology offerings through Sparx and ongoing renewable energy generation through Low Carbon Oxygen.”
• “Oxygen Conservation expanded its portfolio through the acquisition of Siblyback in Cornwall at c 400 hectares and its largest site to date at Dorback in the Scottish highland at c 15,000 hectares This increased the total portfolio size to approximately 43,000 hectares”
• “at Sparx Learning we care deeply about our social and environmental influence We are committed to reducing Carbon Emissions and recently achieved B-Corp certification in early 2025”
• “During the year, Trust Power, part of Low Carbon Group Limited was disposed of in order to scale the impact of this energy efficiency app for households under new ownership”
• “the Group reduced its holding in Global City Futures, with results shown as an associate rather than fully consolidated into the Group”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

6

last 12 months

Capital events

1

last 24 months

Officers appointed

0

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -6.2%

  £32,099,000 → £30,095,000

• Cash

  +12.3%

  £24,505,000 → £27,516,000

• Net assets

  +19.4%

  £87,179,000 → £104,132,000

• Employees

  +2.2%

  182 → 186

• Operating profit

  +71.9%

  -£8,275,000 → -£2,322,000

• Profit before tax

  +71.6%

  -£31,246,000 → -£8,867,000

• Wages

  -3.1%

  £11,664,000 → £11,299,000

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