FOXGLOVE ENERGY SUPPLY LTD

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

Standalone (parent only)

Auditor

Mark J Rees LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the director's 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. The financial statements have been prepared on the going concern basis. The industry the company operates in is volatile and heavily reliant on estimates. Accordingly, the director have analysed the going concern status in detail. This analysis, along with confirmed support from group companies, has allowed the director to conclude there is no material uncertainty in relation to going concern.”

Group structure

1. FOXGLOVE ENERGY SUPPLY LTD · parent
   1. Foxglove Energy Trading Limited 100% · England · Dormant

Significant events

• “The energy market remained highly volatile, driven by a mix of market fundamentals, geopolitical tensions, and shifting consumer demand. Despite these challenges, our enhanced risk management policies and lessons learned through the energy crisis enable us to respond effectively to price fluctuations, maintaining business continuity in both energy supply and customer service.”
• “The sector continues to face a significant rise in household energy debt, with recent reports indicating that total energy debt has reached record highs, and the average debt per customer has increased substantially.”
• “Although our profits for the year were lower than in previous periods, as anticipated due to market conditions, our financial performance remains robust and resilient.”
• “In prior years, the company achieved consistent growth; however, during the year ended 30 June 2025, we made a strategic decision to focus on stabilisation.”
• “Customer numbers at the year-end were maintained at 143k (2024: 112k).”

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

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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

• Turnover

  +14.2%

  £197,290,767 → £225,344,434

  highest in 3 filed years

• Cash

  -0.2%

  £70,190,038 → £70,073,040

• Net assets

  +6.3%

  £106,460,298 → £113,198,964

• Employees

  +4.5%

  88 → 92

  highest in 3 filed years

• Operating profit

  -82.7%

  £42,095,554 → £7,282,336

• Profit before tax

  -79.6%

  £45,973,718 → £9,381,875

  first positive since 2022

• Wages

  +14.5%

  £2,242,108 → £2,567,185

  highest in 3 filed years

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