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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-11-19 (in 6mo)

Last made up 2025-11-05

Watchouts

1 item

Cash

£506K

+85.3% highest in 3 filed years

Net assets

-£865K

-221.5% vs 2022

Employees

4

-20% vs 2022

Profit before tax

-£1M

-1,115.2% vs 2022

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Accounts

3-year trend · latest reflected 2023-12-31

Latest accounts filed cover 2024-12-31; financial figures currently reflect up to 2023-12-31.

Metric Trend 2022-01-012022-12-312023-12-31
Turnover £821,816£2,121,143
Operating profit £544,434£202,480
Profit before tax -£89,398-£1,086,325
Net profit £932,762-£1,575,858
Cash £78,847£273,292£506,457
Total assets less current liabilities £711,311-£864,547
Net assets £711,311-£864,547
Equity -£221,451£711,311-£864,547
Average employees 54
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 2022-01-012022-12-312023-12-31
Operating margin 66.2%9.5%
Net margin 113.5%-74.3%
Return on capital employed 76.5%-23.4%
Interest cover 0.86x0.16x

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 102
Reporting scope
Standalone (parent only)
Abridged
Yes — abridged accounts (limited disclosure)
Auditor
Blick Rothenberg 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. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast”

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

People

3 active · 4 resigned

Name Role Appointed Born Nationality
BECK, Stephen James Director 2021-04-20 Dec 1973 British
GUEST, Benjamin James Ernest Director 2021-04-20 Mar 1973 British
VON SCHMIEDER, Charles Siddhartha Director 2022-06-10 Oct 1972 Irish
Show 4 resigned officers
Name Role Appointed Resigned
AYDINOGLU, Bozkurt Director 2021-04-20 2023-06-30
MIRCHANDANI, Vickram Bhagwan Director 2019-08-07 2021-04-20
MUKHERJI, Shuves Director 2019-08-07 2021-04-20
OWEN, Gareth Edward Director 2021-04-20 2024-03-15

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Grid Holdco 1 Limited Corporate entity Shares 75–100%, Voting 75–100%, right-to-appoint-and-remove-directors-as-firm 2025-08-22 Active
Gresham House Energy Storage Holdings Ltd Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2021-04-20 Ceased 2025-08-22
New World Trust Corporation Corporate entity ownership-of-shares-75-to-100-percent-as-trust 2020-01-01 Ceased 2021-04-20
Vickram Bhagwan Mirchandani Individual Significant influence 2019-08-07 Ceased 2020-01-01

Filing timeline

Last 20 of 47 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2022-11-10 MA Memorandum articles
  • 2022-11-10 RESOLUTIONS Resolution
Date Type Category Description
2025-11-17 CS01 confirmation-statement Confirmation statement with updates PDF
2025-09-05 PSC02 persons-with-significant-control Notification of a person with significant control PDF
2025-09-05 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2025-07-11 AA accounts Accounts with accounts type full
2025-06-18 PSC05 persons-with-significant-control Change to a person with significant control PDF
2025-06-13 PSC05 persons-with-significant-control Change to a person with significant control PDF
2024-11-12 CS01 confirmation-statement Confirmation statement with updates PDF
2024-09-30 AA accounts Accounts with accounts type full PDF
2024-05-02 MR04 mortgage Mortgage satisfy charge full
2024-05-02 MR04 mortgage Mortgage satisfy charge full
2024-03-28 TM01 officers Termination director company with name termination date PDF
2023-11-16 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-09-22 AA accounts Accounts with accounts type full
2023-07-10 TM01 officers Termination director company with name termination date PDF
2022-12-19 MR04 mortgage Mortgage satisfy charge full
2022-12-19 MR04 mortgage Mortgage satisfy charge full
2022-12-19 MR04 mortgage Mortgage satisfy charge full
2022-11-16 CS01 confirmation-statement Confirmation statement with updates PDF
2022-11-10 MA incorporation Memorandum articles
2022-11-10 RESOLUTIONS resolution Resolution

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
6

last 12 months

Capital events
0

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

FY2022 → FY2023 · period ending 2023-12-31 vs 2022-12-31

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

Official Companies House page