BRISTOL HEAT NETWORKS LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-07-28 (in 2mo)
Last made up 2025-07-14
Watchouts
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
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
This indicates the existence of a material uncertainty which may cast significant doubt on the Company's ability to continue as a going concern.
Name history
Renamed 1 time since incorporation
- BRISTOL HEAT NETWORKS LIMITED 2020-08-18 → present
- ENERGY SERVICE BRISTOL LIMITED 2018-10-31 → 2020-08-18
Net assets
2-year trend · vs Utilities median
Accounts
2-year trend · latest reflected 2023-03-31
Latest accounts filed cover 2024-12-31; financial figures currently reflect up to 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 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 | 2022-03-31 | 2023-03-31 |
|---|---|---|---|
| Operating margin | -277.6% | -116.5% | |
| Return on capital employed | -103.3% | -230.3% | |
| Interest cover | — | -12.33x |
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)
- 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 and subsidiary information is drawn from the narrative of the latest annual accounts. 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
Material constitutional events — rename, articles re-file, resolution
- 2025-04-23 RESOLUTIONS Resolution
- 2024-06-25 RESOLUTIONS Resolution
| 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 |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- Capital events
- 2
- Officers appointed
- 1
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2022 → FY2023 · period ending 2023-03-31 vs 2022-03-31
-
Turnover
+387%
£339,000 £1,651,000
-
Cash
+1,057.5%
£459,000 £5,313,000
-
Net assets
-159.7%
-£1,036,000 -£2,691,000
-
Employees
+50%
2 3
-
Operating profit
-104.4%
-£941,000 -£1,923,000
-
Profit before tax
-120.9%
-£941,000 -£2,079,000
Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers