UK BATTERY INDUSTRIALISATION CENTRE LTD

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

Crowe U.K. LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Whilst achieving commercial revenue and resolving the guarantee and indemnity point noted above represent an uncertainty (due to the nature of customer product maturity and agreement on capital restructuring) in the cash flow projections, the Directors have a reasonable expectation that the Company will have adequate resources to continue in operational existence for the foreseeable future and thus the adoption of the going concern basis of accounting is considered appropriate. The financial statements do not include any adjustments that might be necessary should the Company not be able to continue as a going concern.”

Significant events

• “On 15th April 2025 production on the Cathode line at UK Battery Industrialisation Centre was suspended due to required upgrade work on the coating line. This has resulted in a corresponding reduction to the business's trade and income. On 13th August 2025 the suspension was lifted following additional monitoring and compliance checks. Normal production on the Cathode line has since resumed.”
• “As set out in note 22 the Company historically entered into a deed of guarantee and indemnity with its parent company which would have required the Company to make a repayment of £2.25m in December 2025 if called upon under the terms of the agreement. During the reporting period, the Company's parent company has renegotiated the underlying loan profile which has deferred the repayment of this loan in its entirety to December 2032.”

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

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

2

last 12 months

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

• Turnover

  +30.8%

  £2,690,743 → £3,520,176

• Cash

  -33.3%

  £50,166,017 → £33,457,499

• Net assets

  -418.4%

  -£619,538 → -£3,211,850

• Employees

  +4.4%

  135 → 141

• Operating profit

  -157.4%

  -£1,124,417 → -£2,894,639

• Profit before tax

  -105.5%

  -£1,261,514 → -£2,592,312

• Wages

  -0.6%

  £8,030,632 → £7,982,488

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