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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2027-02-04 (in 9mo)

Last made up 2026-01-21

Watchouts

None on the register

Cash

Latest balance sheet

Net assets

£8M

-51.1% vs 2023

Employees

116

-23.2% vs 2023

Profit before tax

-£11M

-19.7% vs 2023

Accounts

2-year trend · latest reflected 2024-12-31

Metric Trend 2023-12-312024-12-31
Turnover £30,220,000£11,088,000
Operating profit -£9,277,000-£11,414,000
Profit before tax -£9,122,000-£10,921,000
Net profit -£6,972,000-£8,546,000
Cash
Total assets less current liabilities £18,165,000£9,247,000
Net assets £16,721,000£8,175,000
Equity £16,721,000£8,175,000
Average employees 151116
Wages £7,949,000£4,875,000

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

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2023-12-312024-12-31
Operating margin -30.7%-102.9%
Net margin -23.1%-77.1%
Return on capital employed -51.1%-123.4%
Gearing (liabilities / total assets) 25.8%29.8%
Current ratio 5.06x4.80x
Interest cover -82.10x-570.70x

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.

Audit & accounting basis

Accounting basis
FRS 101
Reporting scope
Standalone (parent only)
Auditor
KPMG LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The directors have considered the Company's principal risks and uncertainties and concluded that the Company will have sufficient funds available under its current resources and committed facilities to continue to meet its liabilities as they fall due for at least 12 months from the date these financial statements are approved. These financial statements have been prepared on the going concern basis, which the directors believe to be appropriate for the following reasons: • The Company is part of the E.ON SE group, one of Europe's largest energy groups, and performs key business activities including the supply of energy efficiency measures to residential and municipal customers. • The Company is a member of the UK cash pooling facility managed by E.ON SE, whereby the cash balance of the Company is swept into an inter-company bank account on a daily basis. To the extent that working capital requirements arise, these are met through access to the cash pooling facility. As at the date of approval of these financial statements, the Company had a net receivable balance from that facility. • The Company's parent, E.ON UK plc, has significant receivables from its immediate parent company, E.ON UK Holding Company Limited ("HoldCo"). HoldCo has prepared a base case financial forecast covering the E.ON UK group companies ("the UK Group"), including the Company, for at least 12 months from the date these financial statements are approved. These forecasts indicate that the UK Group will have sufficient funds available under its current resources and committed facilities to continue to meet its liabilities as they fall due. • HoldCo has also prepared a range of potential scenarios. This includes certain severe but plausible downside scenarios under which the UK Group requires the extension of committed facilities from the ultimate holding company, E.ON SE, to meet its working capital requirements. The directors consider that in these circumstances, E.ON SE would have the ability and intention to provide funding such that the UK Group will continue to meet its liabilities as they fall due E.ON SE has indicated its intention to continue to make available such funds as are needed by the UK Group and intends to renew the internal credit facilities as required during the going concern assessment period. As with any company placing reliance on other group entities for financial support, the directors acknowledge that there can be no certainty that this support will continue although, at the date of approval of these financial statements, they have no reason to believe that it will not do so. Consequently, the directors are confident that the Company will have sufficient funds to continue to meet its liabilities as they fall due for at least 12 months from the date of approval of these financial statements and therefore have prepared these financial statements on a going concern basis.”

Significant events

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

People

3 active · 12 resigned

Name Role Appointed Born Nationality
GANDLEY, Deborah Secretary 2022-09-26
BROOKS, Richard John Director 2024-04-09 Jul 1980 British
VLASIU, Ramona Nicoleta Director 2024-05-02 Dec 1977 Romanian
Show 12 resigned officers
Name Role Appointed Resigned
E.ON UK SECRETARIES LIMITED Corporate Secretary 2016-03-07 2022-09-26
HACKWOOD SECRETARIES LIMITED Corporate Secretary 2016-01-22 2016-03-07
BROOKS, Richard John Director 2018-05-03 2022-06-08
DEWBERY, Nigel Paul Director 2016-03-23 2022-02-01
FARMER, Sarah Louise Director 2022-02-01 2023-12-31
IRETON, John Anthony Director 2016-07-11 2018-03-23
KIRBY, Jonathan, Dr Director 2019-06-06 2023-03-24
LIGHTFOOT, James Timothy Director 2016-03-07 2017-12-08
LOVATT, Christopher James Director 2017-12-08 2024-05-02
NEWCOMBE, Paul Alan Director 2016-01-22 2016-03-07
NEWITT, David Robert Director 2017-01-31 2023-12-15
VAGHELA, Sandip Hasmukh Director 2022-06-08 2024-04-09

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
E.On Uk Plc Corporate entity Shares 75–100%, Voting 75–100% 2016-04-06 Active

Filing timeline

Last 20 of 59 total filings

Date Type Category Description
2026-03-19 SH01 capital Capital allotment shares PDF
2026-01-21 CS01 confirmation-statement Confirmation statement with updates PDF
2025-10-27 AD03 address Move registers to sail company with new address PDF
2025-10-24 AD02 address Change sail address company with new address PDF
2025-09-25 AA accounts Accounts with accounts type full
2025-06-17 SH01 capital Capital allotment shares PDF
2025-02-04 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-09-03 AA accounts Accounts with accounts type full
2024-05-09 AP01 officers Appoint person director company with name date PDF
2024-05-09 TM01 officers Termination director company with name termination date PDF
2024-04-12 AP01 officers Appoint person director company with name date PDF
2024-04-12 TM01 officers Termination director company with name termination date PDF
2024-02-05 CS01 confirmation-statement Confirmation statement with updates PDF
2024-01-05 TM01 officers Termination director company with name termination date PDF
2024-01-05 TM01 officers Termination director company with name termination date PDF
2023-12-06 SH01 capital Capital allotment shares PDF
2023-10-03 AA accounts Accounts with accounts type full
2023-03-27 TM01 officers Termination director company with name termination date PDF
2023-02-01 CS01 confirmation-statement Confirmation statement with updates PDF
2022-12-01 SH01 capital Capital allotment shares PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
6

last 12 months

Capital events
2

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.

Year-on-year

FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31

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

Official Companies House page