UK Companies House feature
KVASIR TECHNOLOGIES LTD
Cash
£1M
-36.4% vs 2024
Net assets
£4M
+89% vs 2024
Employees
8
-11.1% vs 2024
Profit before tax
£750K
+122.5% vs 2024
Profile
- Company number
- 11554676
- Status
- Active
- Incorporation
- 2018-09-05
- Last accounts made up
- 2025-03-31
- Account category
- FULL
- Primary SIC
- 35140
- Hubs
- UK Energy & Climate
Profit before tax
7-year trend · vs UK Energy & Climate median
Accounts
7-year trend · latest 2025-03-31
| Metric | Trend | 2019-03-31 | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | — | — | |
| Operating profit | — | — | — | — | — | — | — | |
| Profit before tax | — | — | — | — | — | -£3,329,203 | £749,544 | |
| Net profit | — | — | — | — | — | -£3,123,253 | £1,868,210 | |
| Cash | — | — | — | — | — | £1,809,085 | £1,150,514 | |
| Total assets less current liabilities | — | — | — | — | — | £2,099,798 | £3,968,008 | |
| Net assets | — | — | — | — | — | — | — | |
| Equity | £1,240,107 | £3,850,714 | — | — | — | £2,099,798 | £3,968,008 | |
| Average employees | — | — | — | — | — | 9 | 8 | |
| Wages | — | — | — | — | — | £1,492,028 | £1,527,528 |
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
- Buzzacott Audit 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.”
Significant events
- “In 2025, we successfully made the transition from fund-based strategies to a wholesale energy strategy, launching in 6 countries across the financial year.”
- “We achieved profitability in August last year, which was our initial aim. Since then, we have increased our country roll-out and improved models, becoming both consistent in revenue and extremely profitable.”
- “On 24 June 2024, the company entered an arrangement with an existing shareholder, JV Equity ApS to borrow £236,965.”
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
6 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MMH INVESTMENT HOLDINGS LTD | Corporate Secretary | 2018-09-05 | — | — |
| LINDSEY, Melvin Duane | Director | 2021-03-18 | May 1964 | American |
| MERRITT-HOLMES, Michael James | Director | 2018-09-05 | Dec 1977 | British |
| BROTHERS IN ARMS APS | Corporate Director | 2018-09-05 | — | — |
| MMH INVESTMENT HOLDINGS LTD | Corporate Director | 2018-09-05 | — | — |
| OBERHUBER LIMITED | Corporate Director | 2018-09-25 | — | — |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Oberhuber Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors, Significant influence | 2018-09-25 | Ceased 2019-08-21 |
| Brothers In Arms Aps | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2018-09-05 | Ceased 2024-02-01 |
Filing timeline
Last 20 of 45 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-04-17 | RESOLUTIONS | resolution | resolution |
| 2026-04-17 | MA | incorporation | memorandum articles |
| 2026-03-31 | SH01 | capital | capital allotment shares |
| 2025-07-25 | AA | accounts | accounts with accounts type full |
| 2025-07-10 | SH01 | capital | capital allotment shares |
| 2025-05-12 | MA | incorporation | memorandum articles |
| 2025-05-12 | RESOLUTIONS | resolution | resolution |
| 2025-05-12 | RESOLUTIONS | resolution | resolution |
| 2025-05-08 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-09-24 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-07-24 | AA | accounts | accounts with accounts type full |
| 2024-04-20 | RESOLUTIONS | resolution | resolution |
| 2024-02-23 | SH06 | capital | capital cancellation shares |
| 2024-02-23 | SH03 | capital | capital return purchase own shares |
| 2024-02-01 | PSC08 | persons-with-significant-control | notification of a person with significant control statement |
| 2024-02-01 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2024-01-04 | SH01 | capital | capital allotment shares |
| 2024-01-04 | SH01 | capital | capital allotment shares |
| 2023-09-21 | SH01 | capital | capital allotment shares |
| 2023-09-20 | CS01 | confirmation-statement | confirmation statement with updates |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory