UK Companies House feature
BRISTOL HEAT NETWORKS LIMITED
Cash
£5M
+1,057.5% vs 2022
Net assets
-£3M
-159.7% vs 2022
Employees
3
+50% vs 2022
Profit before tax
-£2M
-120.9% vs 2022
Profile
- Company number
- 11652156
- Status
- Active
- Incorporation
- 2018-10-31
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 35300
- Hubs
- UK Energy & Climate
Net assets
2-year trend · vs UK Energy & Climate median
Accounts
2-year trend · latest 2023-03-31
| Metric | Trend | 2022-03-31 | 2023-03-31 |
|---|---|---|---|
| Turnover | £339,000 | £1,651,000 | |
| Operating profit | -£941,000 | -£1,923,000 | |
| Profit before tax | -£941,000 | -£2,079,000 | |
| Net profit | — | — | |
| Cash | £459,000 | £5,313,000 | |
| Total assets less current liabilities | £911,000 | £835,000 | |
| Net assets | -£1,036,000 | -£2,691,000 | |
| Equity | £1,036,000 | £2,691,000 | |
| Average employees | 2 | 3 | |
| Wages | — | — |
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 101
- Reporting scope
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“This indicates the existence of a material uncertainty which may cast significant doubt on the Company's ability to continue as a going concern.”
Significant events
- “On 10 July 2025 the Company issued 12,000,000,000 Ordinary A shares at nominal value of £0.001 per share.”
- “Vattenfall has started a process to assess the ownership of its district heating business in the UK. The assessment is currently ongoing.”
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
5 active · 11 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| TURNER, Christopher James | Secretary | 2023-04-28 | — | — |
| ALLISON, Stuart | Director | 2023-01-04 | Dec 1987 | British |
| BARTON, Dominic | Director | 2023-06-20 | Dec 1973 | British |
| RAABE-MÜNZBERG, Katja | Director | 2024-05-10 | May 1984 | German |
| SEARLE, Paul | Director | 2025-11-21 | Jun 1979 | British |
Show 11 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BEANGE, Peter | Director | 2020-08-17 | 2023-01-04 |
| BRADSHAW, Mark | Director | 2020-08-17 | 2021-08-31 |
| CURTIS, Jennifer | Director | 2024-01-01 | 2024-06-10 |
| CURTIS, Jennifer | Director | 2023-12-21 | 2023-12-21 |
| FELL, Penelope Jane | Director | 2019-06-24 | 2020-08-17 |
| GOGGIN, Paul Luke, Councillor | Director | 2021-09-22 | 2023-01-04 |
| HOLT, Elaine Karen | Director | 2020-08-17 | 2021-11-01 |
| LAWRENCE, David | Director | 2018-10-31 | 2019-06-28 |
| NAVE-BRÜGGEMANN, Sylvia | Director | 2023-03-08 | 2024-04-19 |
| SCOTT, Joseph David | Director | 2023-01-04 | 2023-05-17 |
| WISEMAN, Alexander Simon | Director | 2021-11-01 | 2023-01-04 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Vattenfall Heat Uk Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2023-01-04 | Active |
| Bristol Holding Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2020-08-17 | Ceased 2023-01-04 |
| Bristol City Council | Legal person | Shares 75–100%, Voting 75–100%, Appoints directors | 2018-10-31 | Ceased 2020-08-17 |
Filing timeline
Last 20 of 71 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2025-12-18 | AP01 | officers | appoint person director company with name date |
| 2025-11-24 | AA | accounts | accounts with accounts type full |
| 2025-07-14 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-07-14 | SH01 | capital | capital allotment shares |
| 2025-07-07 | AD02 | address | change sail address company with old address new address |
| 2025-07-05 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-05-13 | RP04CS01 | confirmation-statement | second filing of confirmation statement with made up date |
| 2025-05-13 | RP04CS01 | confirmation-statement | second filing of confirmation statement with made up date |
| 2025-04-23 | RESOLUTIONS | resolution | resolution |
| 2024-11-28 | AA | accounts | accounts with accounts type full |
| 2024-06-25 | RESOLUTIONS | resolution | resolution |
| 2024-06-22 | CS01 | confirmation-statement | confirmation statement |
| 2024-06-21 | SH01 | capital | capital allotment shares |
| 2024-06-17 | TM01 | officers | termination director company with name termination date |
| 2024-05-16 | AP01 | officers | appoint person director company with name date |
| 2024-04-23 | TM01 | officers | termination director company with name termination date |
| 2024-04-17 | AAMD | accounts | accounts amended with accounts type full |
| 2024-03-28 | AA | accounts | accounts with accounts type total exemption full |
| 2024-01-11 | AP01 | officers | appoint person director company with name date |
| 2024-01-11 | TM01 | officers | termination director company with name termination date |
Credit score
Altman Z″ (private-firm) · reference 2023-03-31
-6.01
DISTRESS
Altman Z″
- Working capital / Total assets -0.761 × 6.56 = -4.99
- Retained earnings / Total assets -0.165 × 3.26 = -0.54
- EBIT / Total assets -0.059 × 6.72 = -0.40
- Book equity / Total liabilities -0.076 × 1.05 = -0.08
Bands: > 2.6 safe · 1.1–2.6 grey · < 1.1 distress. Z″ is a public-formula baseline, not a substitute for adverse-data signals (CCJs, charges, gazette notices) — those land in a later pass.
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory