UK Companies House feature
VALENCIA ENERGY LIMITED
Cash
£6M
+192.7% vs 2024
Net assets
£13M
+67.3% vs 2024
Employees
1
-50% vs 2024
Profit before tax
£7M
+66.8% vs 2024
Profile
- Company number
- 13986474
- Status
- Active
- Incorporation
- 2022-03-18
- Last accounts made up
- 2025-03-31
- Account category
- FULL
- Primary SIC
- 35140
- Hubs
- UK Energy & Climate
Profit before tax
3-year trend · vs UK Energy & Climate median
Accounts
3-year trend · latest 2025-03-31
| Metric | Trend | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|
| Turnover | — | £54,526,000 | £57,385,000 | |
| Operating profit | — | £3,781,000 | £6,802,000 | |
| Profit before tax | — | £4,063,000 | £6,778,000 | |
| Net profit | — | £3,027,000 | £5,083,000 | |
| Cash | — | £1,963,000 | £5,746,000 | |
| Total assets less current liabilities | — | £7,553,000 | £12,636,000 | |
| Net assets | — | — | — | |
| Equity | £4,526,000 | £7,553,000 | £12,636,000 | |
| Average employees | — | 2 | 1 | |
| Wages | — | £122,000 | £150,000 |
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
- Flint & Thompson
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the director's 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 significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Significant events
- “Valencia Energy generated 362.4GWh (2024 359.3 GWh) of renewable electricity, slightly up on the previous year, beating the expected industry decline rate of 5-7%.”
- “Agreed an innovative PPA with a third party to secure a route to market and bring additional value to the business.”
- “Valencia Energy continued to deploy optimisation projects, including enhancements in gas collection efficiency through temporary infrastructure, improvements in gas cleanup both technically and commercially.”
- “Energy efficiency optimisation is partially complete and on plan, focused on the replacement of oversized gas plants which, in some cases will reduce energy consumption on sites by 90%.”
- “Further procurement of a significant number of new generating assets in various capacities, new more fuel-efficient vehicles have all been delivered in this financial year and will continue into the next.”
- “Looking ahead, Valencia Energy is poised for exciting and ambitious growth in the coming year, leveraging its core competencies and robust infrastructure to provide PPA's and energy supply to co-located business Era4.”
- “Applications for over 3GW of import capacity, and 50MW of Solar have progressed through NESO's Gated process and received Stage 2, phase 2 status. A further 190 MW of new renewable energy projects are to be submitted.”
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
1 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HUGHES, Patrick Joseph | Director | 2023-06-12 | Aug 1996 | British |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HUGHES, Patrick Joseph | Director | 2022-03-18 | 2023-06-12 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Patrick Joseph Hughes | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2022-03-18 | Ceased 2022-03-18 |
| Mr Patrick Joseph Hughes | Individual | Voting 75–100%, Appoints directors, right-to-appoint-and-remove-directors-as-trust, right-to-appoint-and-remove-directors-as-firm | 2022-03-18 | Active |
Filing timeline
Last 15 of 15 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-03-31 | AA | accounts | accounts with accounts type full |
| 2026-01-05 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-12-09 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-12-05 | AA | accounts | accounts with accounts type full |
| 2023-12-11 | AA | accounts | accounts with accounts type full |
| 2023-11-30 | CS01 | confirmation-statement | confirmation statement with updates |
| 2023-06-13 | DISS40 | gazette | gazette filings brought up to date |
| 2023-06-12 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-06-12 | AP01 | officers | appoint person director company with name date |
| 2023-06-12 | TM01 | officers | termination director company with name termination date |
| 2023-06-12 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2023-06-12 | PSC01 | persons-with-significant-control | notification of a person with significant control |
| 2023-06-06 | GAZ1 | gazette | gazette notice compulsory |
| 2022-12-20 | AD01 | address | change registered office address company with date old address new address |
| 2022-03-18 | NEWINC | incorporation | incorporation company |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Composite activity score · components 0–100 · reference 2026-05-09
12.5
COLD
/ 100
- Filings velocity 17
- Capital events 0
- Officer churn 0
- Headcount trajectory 0
- Accounts trajectory 55
- 2 filing(s) in last 12 months
- Employees -50% YoY
- Turnover +5% YoY