YLEM FLEXIBLE POWER LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2027-03-04 (in 10mo)
Last made up 2026-02-18
Watchouts
None on the register
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
Net assets
3-year trend · vs Utilities median
Accounts
3-year trend · latest reflected 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 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 | 2024-02-19 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|
| Return on capital employed | — | — | -2.4% | |
| Interest cover | — | — | -1.17x |
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 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.”
Group structure
- YLEM FLEXIBLE POWER LIMITED · parent
- Goring Power Limited 100%
- Heywood Power Limited 100%
- Llay Power Limited 100%
- Corpower Limited 100%
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 and subsidiary information is drawn from the narrative of the latest annual accounts. 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
Material constitutional events — rename, articles re-file, resolution
- 2025-01-24 MA Memorandum articles
- 2025-01-24 RESOLUTIONS Resolution
| 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 |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 1
- Officers appointed
- 0
- 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
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
—
Not reported
-
Cash
—
Not reported
-
Net assets
+1,459,028%
£100 £1,459,128
-
Employees
—
Not reported
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