UK Companies House feature
POZITIVE ENERGY LTD
Cash
£181M
-33.2% vs 2024
Net assets
—
Equity attributable
Employees
31
+3.3% vs 2024
Profit before tax
£39M
-79.6% vs 2024
Profile
- Company number
- 09523048
- Status
- Active
- Incorporation
- 2015-04-01
- Last accounts made up
- 2025-03-31
- Account category
- FULL
- Primary SIC
- 35140
- Hubs
- UK Energy & Climate
Profit before tax
9-year trend · vs UK Energy & Climate median
Accounts
9-year trend · latest 2025-03-31
| Metric | Trend | 2020-03-31 | 2021-03-31 | 2021-04-01 | 2022-03-31 | 2022-04-01 | 2023-03-31 | 2023-04-01 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | — | £156,644,357 | — | £449,359,989 | — | £1,040,120,562 | — | £1,179,848,653 | £926,140,629 | |
| Operating profit | — | — | — | £5,380,049 | — | £28,063,606 | — | £192,812,085 | £40,149,367 | |
| Profit before tax | — | £399,691 | — | £5,380,049 | — | £28,069,680 | — | £191,952,652 | £39,073,845 | |
| Net profit | — | £309,304 | — | £4,268,663 | — | £22,782,376 | — | £143,907,635 | £28,620,604 | |
| Cash | — | £7,859,899 | — | £21,247,506 | — | £179,647,839 | — | £271,669,030 | £181,366,282 | |
| Total assets less current liabilities | — | £2,322,770 | — | — | — | — | — | — | — | |
| Net assets | — | — | — | — | — | — | — | — | — | |
| Equity | £2,013,466 | £2,322,770 | £2,322,770 | £6,591,433 | £6,591,433 | £29,373,809 | £26,123,809 | £165,139,130 | £193,759,734 | |
| Average employees | — | 26 | — | 18 | — | 22 | — | 30 | 31 | |
| Wages | — | — | — | £1,857,318 | — | £2,283,944 | — | £9,707,572 | £18,047,251 |
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
- Menzies LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the Directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Subsidiaries
- Pozitive Electricity and Gas Private Limited · 99.99% held · India
Significant events
- “In February 2024, we rebranded as PE to establish a single, go-to brand for all our customers' utility needs, extending beyond energy.”
- “Whilst our focus has always been on the SME market, we formally exited the domestic market in October 2024 by surrendering our domestic license and selling our residual domestic contract book to EDF Energy. The sale was expected to be completed by September 2025. In February 2025, we acquired non-domestic portfolios from Opus Energy Group Limited with a target completion date of June 2025.”
- “We have hived off the EV division into a separate company to further focus on electricity and gas.”
- “Included within turnover is £Nil (2024 - £66,235,328) in relation to the government's Energy Price Guarantee and Energy Bills Relief Scheme.”
- “Following the year end, the Company acquired a customer list from Opus Energy Group Limited, along with its trade debtor balance of £9,422,979, for a consideration of £4,814,217. The full impact to the profit and loss is not yet able to be calculated.”
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
3 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BHATIA, Neeraj | Director | 2016-05-17 | Nov 1968 | British |
| DANIELS, Steven James | Director | 2016-05-17 | Apr 1979 | British |
| KUMAR, Vipan | Director | 2017-03-10 | Nov 1984 | Indian |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| GOSLING, Steven Paul | Secretary | 2015-04-01 | 2016-05-13 |
| CAMPBELL, Kenneth Francis | Director | 2016-05-03 | 2025-07-16 |
| GOSLING, Steven Paul | Director | 2015-04-01 | 2016-05-13 |
| HIRST, Matthew Christopher | Director | 2015-04-01 | 2016-05-13 |
| KUMAR, Vipan | Director | 2016-05-17 | 2016-07-19 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Pozitive Holdings Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-09-01 | Active |
| Mr Neeraj Bhatia | Individual | Shares 25–50% | 2016-04-06 | Ceased 2021-09-01 |
| Mr Steven James Daniels | Individual | Shares 25–50% | 2016-04-06 | Ceased 2021-09-01 |
| Mr Vipan Kumar | Individual | Shares 25–50% | 2016-04-06 | Ceased 2021-09-01 |
Filing timeline
Last 20 of 72 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-03-31 | AA | accounts | accounts with accounts type full |
| 2025-12-10 | RESOLUTIONS | resolution | resolution |
| 2025-12-10 | RESOLUTIONS | resolution | resolution |
| 2025-12-04 | MR04 | mortgage | mortgage satisfy charge full |
| 2025-12-03 | PSC05 | persons-with-significant-control | change to a person with significant control |
| 2025-11-27 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2025-11-20 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-10-03 | MR04 | mortgage | mortgage satisfy charge full |
| 2025-08-12 | TM01 | officers | termination director company with name termination date |
| 2025-04-09 | AA | accounts | accounts with accounts type full |
| 2024-11-26 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-11-07 | CH01 | officers | change person director company with change date |
| 2024-02-26 | AA | accounts | accounts with accounts type full |
| 2024-01-05 | AD01 | address | change registered office address company with date old address new address |
| 2023-11-27 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2022-12-30 | AA | accounts | accounts with accounts type full |
| 2022-12-24 | AA01 | accounts | change account reference date company previous extended |
| 2022-11-15 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2022-06-07 | AA | accounts | accounts with accounts type full |
| 2022-03-23 | AA01 | accounts | change account reference date company previous shortened |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Composite activity score · components 0–100 · reference 2026-05-09
36
COLD
/ 100
- Filings velocity 75
- Capital events 0
- Officer churn 25
- Headcount trajectory 53
- Accounts trajectory 29
- 9 filing(s) in last 12 months
- 0 appointed, 1 resigned (12mo)
- Employees +3% YoY
- Turnover -22% YoY