GELION PLC

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

IFRS

Reporting scope

Consolidated group

Auditor

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors consider that the Group will have adequate financial resources to continue its operational existence for the foreseeable future (being a period of at least 12 months from the date of this report), and therefore the financial statements have been prepared on a going concern basis.”

Group structure

1. GELION PLC · parent
   1. Gelion Technologies Pty Ltd 100% · Australia
   2. OXLiD Ltd 100% · UK
   3. Battery Minerals Ltd 100% · UK

Significant events

• “On 28 October 2025, the company announced that it had successfully raised gross proceeds of £10.5 million via the issue of 52,500,000 new ordinary shares at a price of 20 pence per share. As part of the placing, the Directors subscribed for new ordinary shares which raised gross proceeds of £0.2 million in aggregate.”
• “The UK subsidiary, OXLiD Ltd, was awarded a £0.5m grant from the UK Government’s DRIVE3S programme, facilitated by Advanced Propulsion Centre UK (APC).”

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

Filings

8

last 12 months

Capital events

6

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

  —

  Not reported

• Cash

  -29.8%

  £3,792,000 → £2,661,000

• Net assets

  -16.7%

  £11,968,000 → £9,971,000

• Employees

  -8%

  50 → 46

• Operating profit

  +19.1%

  -£6,506,000 → -£5,262,000

• Profit before tax

  +24.6%

  -£7,959,000 → -£6,003,000

• Wages

  -4.3%

  £3,573,000 → £3,419,000

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