CORONA ENERGY RETAIL 4 LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2027-03-07 (in 10mo)
Last made up 2026-02-21
Watchouts
Cash
£4M
-77.5% vs 2024
Net assets
£21M
+7.8% vs 2024
Employees
0
Average over period
Profit before tax
£33M
+83.8% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
2-year trend · vs Utilities median
Accounts
2-year trend · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Turnover | £1,653,175,341 | £1,297,321,393 | |
| Operating profit | £24,193,981 | £37,910,623 | |
| Profit before tax | £18,183,250 | £33,418,415 | |
| Net profit | £12,841,354 | £25,034,409 | |
| Cash | £18,663,458 | £4,205,609 | |
| Total assets less current liabilities | £25,088,446 | £28,488,955 | |
| Net assets | £19,247,397 | £20,747,806 | |
| Equity | £19,247,397 | £20,747,806 | |
| Average employees | 0 | 0 | |
| Wages | — | — | |
| Directors' remuneration | £632,589 | £701,646 |
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
Year-on-year
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
-21.5%
£1,653,175,341 £1,297,321,393
-
Cash
-77.5%
£18,663,458 £4,205,609
-
Net assets
+7.8%
£19,247,397 £20,747,806
-
Employees
—
Not reported
-
Operating profit
+56.7%
£24,193,981 £37,910,623
-
Profit before tax
+83.8%
£18,183,250 £33,418,415
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Operating margin | 1.5% | 2.9% | |
| Net margin | 0.8% | 1.9% | |
| Return on capital employed | 96.4% | 133.1% | |
| Current ratio | 1.04x | 1.04x | |
| Interest cover | 1.60x | 6.30x |
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.
Name history
Renamed 3 times since incorporation
- CORONA ENERGY RETAIL 4 LIMITED 2003-10-06 → present
- AURORA ENERGY RETAIL 4 LIMITED 2003-09-23 → 2003-10-06
- FORTUM ENERGY PLUS LTD 2001-02-13 → 2003-09-23
- THE GAS LIGHT & COKE CO LTD. 1993-03-11 → 2001-02-13
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Company's forecasts and projections, taking account of reasonably possible changes in trading performance, show that the group should be able to operate within the level of its current facilities. After making enquiries, the directors have a reasonable expectation that the group has adequate resources to continue in operational existence for the foreseeable future. The Company therefore continues to adopt the going concern basis in preparing its financial statements.”
Significant events
- “On 7 July 2025 the immediate parent company of Corona Energy Retail 4 Limited changed from Corona Energy Limited to Macquarie Corona Energy Holdings Limited due to an internal restructure of the group.”
- “On 28 February 2025 the immediate parent of Macquarie Corona Energy Holdings Limited changed from Macquarie Investments 1 Limited to Macquarie UK Holdings No. 2 Limited.”
- “The Company significantly reduced the size of the internal factoring facility during the financial year, buying back the receivables it previously sold, resulting in an increase in trade receivables.”
- “In April 2023, the government introduced the Energy Bill Discount Scheme (EBDS)... EBRS & EBDS closed for any new eligible customers in March 2024. Suppliers were off boarded from the scheme in February 2025, since off boarding energy suppliers are only liable to provide a discount to existing eligible customers if there is sufficient evidence of supplier failure.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 41 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BEGUM THOMAS, Shaheda | Secretary | 2018-11-23 | — | — |
| MITCHELL, Neil Trevor | Director | 2016-10-06 | Oct 1974 | British |
| MORTON, Philip | Director | 2017-12-08 | Nov 1968 | British |
| PATEL, Rishil Surendrakumar | Director | 2024-09-27 | Jan 1984 | British |
Show 41 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ANSBRO, Nicholas | Secretary | 2004-02-11 | 2008-11-20 |
| APPS, Susan Elizabeth | Secretary | 1993-03-11 | 1993-06-07 |
| HARDMAN, Graham Arthur | Secretary | 2000-01-11 | 2003-06-30 |
| LONG, Matthew Basil D | Secretary | 2017-03-28 | 2018-06-01 |
| OLSEN, Peter Graham | Secretary | 2008-11-20 | 2017-02-08 |
| RUSSELL, Gary David | Secretary | 2003-06-30 | 2004-02-11 |
| SANDERSON, Veronica Janina | Secretary | 1993-06-07 | 2000-01-11 |
| CHETTLEBURGH INTERNATIONAL LIMITED | Corporate Nominee Secretary | 1993-03-11 | 1993-03-11 |
| APPS, Susan Elizabeth | Director | 1993-03-11 | 1993-06-07 |
| BARRACK, Sebastian | Director | 2006-09-15 | 2007-07-10 |
| BUCKLEY, Ian Carysfort | Director | 1998-02-20 | 1998-05-01 |
| CARROLL, Geoffrey Michael | Director | 2006-09-15 | 2008-07-07 |
| COLES, Christian James | Director | 2007-07-10 | 2013-04-18 |
| EVANS, Rodger Riadore | Director | 1998-10-22 | 1999-11-18 |
| FARRY, Kieron Patrick | Director | 2006-09-15 | 2009-02-16 |
| GRAY, Matthew Richard | Director | 2008-02-22 | 2018-04-23 |
| GRENFELL, Simon James | Director | 2006-09-15 | 2007-07-09 |
| HANCOX, Gary | Director | 2002-10-23 | 2003-06-30 |
| HARDMAN, Graham Arthur | Director | 1999-02-03 | 2003-06-30 |
| HAWKESWORTH, Mark Ledlie | Director | 2003-06-30 | 2006-09-15 |
| HEISKANEN, Jukka Pekka | Director | 2002-07-01 | 2003-06-30 |
| KENDRICK, David William Poyntz | Director | 1999-09-16 | 2000-01-11 |
| LAMBDEN, Jonathan | Director | 1995-09-27 | 1997-08-04 |
| LINDFORS, Bo | Director | 2000-02-25 | 2003-06-30 |
| LOID, Charlotte | Director | 2002-10-16 | 2003-06-30 |
| MOSHIRI, Ardavan Farhad | Director | 2003-06-30 | 2006-09-15 |
| MURPHY, Darryl Patrick | Director | 1999-09-16 | 2002-10-16 |
| MUSTONEN, Jakko Olavi | Director | 2000-02-25 | 2002-05-31 |
| PLEWMAN, Paul Christian | Director | 2007-05-18 | 2024-09-27 |
| PRESSLAND, Anthony Gerald | Director | 1999-09-16 | 2001-03-23 |
| PRESSLAND, Anthony Gerald | Director | 1993-06-07 | 1998-02-20 |
| PRESTON, Benjamin | Director | 2006-09-15 | 2007-05-18 |
| PRICE, Justin Barnes | Director | 2016-10-06 | 2017-12-08 |
| RUSSELL, Gary David | Director | 2003-06-30 | 2016-10-06 |
| SALOSAARI, Esko | Director | 2001-03-23 | 2002-07-01 |
| SANDERSON, Stephen Peter | Director | 1993-08-26 | 1999-05-29 |
| SANDERSON, Veronica Janina | Director | 1993-06-07 | 2000-06-30 |
| SILVERTON, Dennis Alfred | Director | 1993-03-11 | 1993-06-07 |
| SPELLMAN, John Ashley | Director | 2003-06-30 | 2007-11-05 |
| WYATT, Alan | Director | 1998-02-20 | 1998-12-20 |
| CHETTLEBURGH'S LIMITED | Corporate Nominee Director | 1993-03-11 | 1993-03-11 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Macquarie Corona Energy Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2025-07-07 | Active |
| Corona Energy Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2016-04-06 | Ceased 2025-07-07 |
Filing timeline
Last 20 of 206 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-02-25 MA Memorandum articles
- 2024-02-25 RESOLUTIONS Resolution
- 2024-02-21 CC04 Statement of companys objects
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-27 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-03-09 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-11-17 | AA | accounts | Accounts with accounts type full | |
| 2025-09-29 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-07-16 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-03-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-15 | AA | accounts | Accounts with accounts type full | |
| 2024-10-08 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-08 | TM01 | officers | Termination director company with name termination date | |
| 2024-02-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-02-25 | MA | incorporation | Memorandum articles | |
| 2024-02-25 | RESOLUTIONS | resolution | Resolution | |
| 2024-02-23 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-02-21 | CC04 | change-of-constitution | Statement of companys objects | |
| 2023-11-09 | AA | accounts | Accounts with accounts type full | |
| 2023-02-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-12-07 | AA | accounts | Accounts with accounts type full | |
| 2022-02-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-12-06 | AA | accounts | Accounts with accounts type full | |
| 2021-04-22 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- 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.