FUSE ENERGY SUPPLY LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-04-09 (in 11mo)
Last made up 2026-03-26
Watchouts
None on the register
Cash
£46M
Latest balance sheet
Net assets
£6M
Equity attributable
Employees
20
Average over period
Profit before tax
—
Period ending 2023-12-31
Name history
Renamed 1 time since incorporation
- FUSE ENERGY SUPPLY LIMITED 2023-02-22 → present
- PADDINGTON POWER LIMITED 2013-04-02 → 2023-02-22
Net assets
6-year trend · vs Utilities median
Accounts
6-year trend · latest reflected 2023-12-31
Latest accounts filed cover 2024-12-31; financial figures currently reflect up to 2023-12-31.
| Metric | Trend | 2020-01-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-01-01 | 2023-12-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | — | |
| Operating profit | — | — | — | — | — | — | |
| Profit before tax | — | — | — | — | — | — | |
| Net profit | — | — | — | — | — | — | |
| Cash | — | — | — | £41,973,317 | — | £45,926,024 | |
| Total assets less current liabilities | £100 | £100 | £100 | £3,180,494 | — | £16,487,076 | |
| Net assets | — | £100 | £100 | £249,244 | — | £6,399,086 | |
| Equity | £100 | £100 | £100 | £249,244 | — | £6,399,086 | |
| Average employees | 0 | 0 | 0 | 16 | — | 20 | |
| Wages | — | — | — | — | — | — |
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
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Johnsons Financial Management Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors continually monitor the ability of the group and the company to operate as a going concern. After making enquiries of the ultimate parent company, the directors consider it is appropriate to prepare the financial statements on a going concern basis.”
Group structure
- FUSE ENERGY SUPPLY LIMITED · parent
- Two post solar limited 100%
- Netley Central Limited 100%
- Balnamoon Renewables Limited 100%
- EPG Netley Solar North Limited 100%
Significant events
- “Grant of UK gas shipper and supply licenses by OFGEM.”
- “Web product launched and improvements to app product.”
- “24/7 support available to customers.”
- “Netley central +3.6MWp expansion secured.”
- “Launch gas supply to complement electricity supply. The Gas license was obtained on 22 November 2024, and as of July 2025, FESL is supplying gas customers.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CHANG, King Lun Alan | Director | 2023-01-27 | Sep 1993 | British |
| ORR, Charles James Robert | Director | 2022-02-28 | May 1996 | Irish |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DODGSON, Kathryn Elizabeth | Director | 2014-11-03 | 2016-09-30 |
| KENNEDY, Nicholas Benson | Director | 2014-06-30 | 2022-02-26 |
| PETERS, Stephen Roy | Director | 2013-04-02 | 2014-06-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Charles James Robert Orr | Individual | Significant influence | 2022-03-29 | Active |
| Mr King Lun Alan Chang | Individual | Shares 50–75%, Voting 50–75%, Appoints directors | 2022-03-29 | Active |
| Mr Nicholas Benson Kennedy | Individual | Significant influence | 2016-04-06 | Ceased 2022-03-28 |
Filing timeline
Last 20 of 62 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-02-22 CERTNM Certificate change of name company PDF
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-12-17 | AA | accounts | Accounts with accounts type group | |
| 2025-04-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-10 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-07-02 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2024-07-02 | CH01 | officers | Change person director company with change date | |
| 2024-07-02 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2024-07-02 | CH01 | officers | Change person director company with change date | |
| 2024-06-21 | AA | accounts | Accounts with accounts type total exemption full | |
| 2024-04-19 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-03-01 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-03-01 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-12-13 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2023-09-29 | AA | accounts | Accounts with accounts type total exemption full | |
| 2023-05-24 | CH01 | officers | Change person director company with change date | |
| 2023-05-15 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-04-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-02-22 | CERTNM | change-of-name | Certificate change of name company | |
| 2023-02-08 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2023-02-06 | PSC04 | persons-with-significant-control | Change to a person with significant control |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- 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
FY2023 → FY2023 · period ending 2023-12-31 vs 2023-01-01