UK Companies House feature
YLEM FLEXIBLE POWER LIMITED
Cash
£602K
Latest balance sheet
Net assets
£1M
+1,459,028% vs 2024
Employees
0
Average over period
Profit before tax
-£306K
Period ending 2025-03-31
Profile
- Company number
- 15503405
- Status
- Active
- Incorporation
- 2024-02-19
- Last accounts made up
- 2025-03-31
- Account category
- FULL
- Primary SIC
- 35110
- Hubs
- UK Energy & Climate
Net assets
3-year trend · vs UK Energy & Climate median
Accounts
3-year trend · latest 2025-03-31
| Metric | Trend | 2024-02-19 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|
| Turnover | — | — | — | |
| Operating profit | — | — | -£290,394 | |
| Profit before tax | — | — | -£305,972 | |
| Net profit | — | — | -£305,972 | |
| Cash | — | — | £601,732 | |
| Total assets less current liabilities | — | £100 | £11,856,759 | |
| Net assets | — | £100 | £1,459,128 | |
| Equity | £100 | £100 | £1,459,128 | |
| Average employees | — | 0 | 0 | |
| 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 105 (micro)
- Reporting scope
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- Forvis Mazars LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors consider that the Company has adequate resources to continue in operation for the foreseeable future, and so they continue to adopt the going concern basis in preparing the Annual Financial Statements for the year ended 31 March 2025.”
Subsidiaries
- Goring Power Limited · 100% held · England
- Heywood Power Limited · 100% held · England
- Llay Power Limited · 100% held · England
- Corpower Limited · 100% held · England
Significant events
- “On 18th November 2025, Atari Limited, a Company registered in Jersey became the immediate and ultimate parent undertaking of Ylem Group Limited. Atari Limited is owned by a family trust of Mr Tim Scott, which is considered to be the ultimate controlling party.”
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
4 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| GADSBY, Ian Andrew | Director | 2024-02-19 | Jul 1964 | British |
| HULL, Christopher John | Director | 2024-02-19 | Jul 1966 | British |
| NOLAND, Paul | Director | 2024-02-19 | Apr 1980 | British |
| WARD, Anthony Peter Roy | Director | 2024-02-19 | Jul 1978 | British |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Ylem Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2024-02-19 | Active |
Filing timeline
Last 13 of 13 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-03-02 | CH01 | officers | change person director company with change date |
| 2026-02-24 | CS01 | confirmation-statement | confirmation statement with updates |
| 2026-02-06 | CH01 | officers | change person director company with change date |
| 2025-12-09 | AA | accounts | accounts with accounts type full |
| 2025-08-13 | ANNOTATION | miscellaneous | legacy |
| 2025-02-26 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-01-24 | MA | incorporation | memorandum articles |
| 2025-01-24 | RESOLUTIONS | resolution | resolution |
| 2025-01-10 | AA | accounts | accounts with accounts type micro entity |
| 2024-12-23 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2024-09-26 | SH01 | capital | capital allotment shares |
| 2024-03-14 | AA01 | accounts | change account reference date company current shortened |
| 2024-02-19 | NEWINC | incorporation | incorporation company |
Credit score
Altman Z″ (private-firm) · reference 2025-03-31
5.49
SAFE
Altman Z″
- Working capital / Total assets 0.840 × 6.56 = +5.51
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets -0.024 × 6.72 = -0.16
- Book equity / Total liabilities 0.138 × 1.05 = +0.15
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