ABSL POWER SOLUTIONS LTD
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-08-13 (in 3mo)
Last made up 2025-07-30
Watchouts
Cash
£310K
+118.3% highest in 3 filed years
Net assets
£12M
+1.7% highest in 3 filed years
Employees
80
+31.1% highest in 3 filed years
Profit before tax
£59K
-96.4% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Audit opinion: Qualified
Latest auditor's report carried a non-clean opinion.
Net assets
5-year trend · vs Industrials median
Accounts
5-year trend · latest reflected 2025-03-31
| Metric | Trend | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|
| Turnover | — | — | — | £8,910,000 | £8,248,000 | |
| Operating profit | — | — | — | £1,596,000 | £81,000 | |
| Profit before tax | — | — | — | £1,658,000 | £59,000 | |
| Net profit | — | — | — | £1,263,000 | £197,000 | |
| Cash | £270,000 | — | — | £142,000 | £310,000 | |
| Total assets less current liabilities | £8,926,000 | — | — | £11,927,000 | £12,288,000 | |
| Net assets | £8,926,000 | — | — | £11,927,000 | £12,124,000 | |
| Equity | £8,926,000 | -£3,955,000 | -£2,842,000 | £11,927,000 | £12,124,000 | |
| Average employees | 51 | — | — | 61 | 80 | |
| Wages | — | — | — | £2,608,000 | £3,344,000 | |
| Directors' remuneration | — | — | — | — | — |
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
-7.4%
£8,910,000 £8,248,000
-
Cash
+118.3%
£142,000 £310,000
highest in 3 filed years
-
Net assets
+1.7%
£11,927,000 £12,124,000
highest in 3 filed years
-
Employees
+31.1%
61 80
highest in 3 filed years
-
Operating profit
-94.9%
£1,596,000 £81,000
-
Profit before tax
-96.4%
£1,658,000 £59,000
-
Wages
+28.2%
£2,608,000 £3,344,000
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 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|
| Operating margin | — | — | — | 17.9% | 1.0% | |
| Net margin | — | — | — | 14.2% | 2.4% | |
| Return on capital employed | — | — | — | 13.4% | 0.7% | |
| Current ratio | — | — | — | 2.95x | 2.83x | |
| Interest cover | — | — | — | 15.20x | 0.43x |
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
- ABSL POWER SOLUTIONS LTD 2005-10-25 → present
- AEA TECHNOLOGY BATTERY SYSTEMS LIMITED 1998-11-02 → 2005-10-25
- DSB SPECIAL BATTERIES LIMITED 1993-09-24 → 1998-11-02
- CURSITOR (ONE HUNDRED AND ELEVEN) LIMITED 1993-07-30 → 1993-09-24
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- BHP LLP
- Audit opinion
- Qualified
- Going concern
- Affirmed
“In the light of the information currently available to them, the directors believe that the company's ultimate parent company can support it in providing adequate funds to meet its day-to-day obligations. On this basis, the directors consider it appropriate to prepare the financial statements on a going concern basis.”
Significant events
- “The Company has successfully navigated the complexities of aerospace supply chain lead times, overcoming significant logistical challenges.”
- “The Directors have considered the potential impact of ongoing geopolitical uncertainties, including the conflict in Ukraine, the imposition of trade tariffs by the United States, and broader global economic tensions.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 40 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BENETTI, John Michael | Director | 2026-01-22 | Sep 1973 | American |
| STRATTON-BROWN, Henry | Director | 2017-02-02 | Nov 1965 | British |
Show 40 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| LI, William | Secretary | 1998-12-08 | 2001-03-23 |
| LI, William | Secretary | 1993-08-11 | 1998-03-16 |
| MURRAY, Catherine Goldie | Secretary | 2001-03-23 | 2006-07-03 |
| RUSSELL, Keith John | Secretary | 1998-03-16 | 1998-12-08 |
| CURSITOR SECRETARIAL SERVICES LIMITED | Corporate Nominee Secretary | 1993-07-30 | 1993-08-11 |
| EVERSECRETARY LIMITED | Corporate Secretary | 2013-03-25 | 2021-02-01 |
| JAMESTOWN INVESTMENTS LIMTED | Corporate Secretary | 2006-07-03 | 2011-02-28 |
| JORDAN COMPANY SECRETARIES LIMITED | Corporate Secretary | 2011-02-28 | 2013-03-25 |
| LDC NOMINEE SECRETARY LIMITED | Corporate Secretary | 2021-02-01 | 2023-05-03 |
| BOWLER, Stephen | Director | 1993-09-08 | 1998-03-16 |
| BOYES, Stephen | Director | 1993-08-11 | 2001-09-21 |
| BROWN, Christopher Paul | Director | 2004-06-28 | 2005-10-19 |
| CARLESS, David Charles, Dr | Director | 2000-01-18 | 2000-09-13 |
| COOPER, Peter Marshall | Director | 2005-05-17 | 2009-08-31 |
| COWLEY, John Michael | Director | 2006-07-03 | 2007-08-24 |
| FORSTER, Ralph Nicholas | Director | 2005-10-20 | 2011-02-28 |
| JACKSON, David John | Director | 1993-09-08 | 1995-12-11 |
| JONES, Myles | Director | 2014-02-28 | 2016-06-09 |
| JOWETT, Anthony Hurt | Director | 2014-02-28 | 2017-02-01 |
| KELLY, Michael Andrew John | Director | 2005-10-07 | 2011-02-28 |
| LI, William | Director | 1993-08-11 | 1998-03-16 |
| LINDSAY, David | Director | 2005-07-04 | 2005-10-07 |
| LOUGHBOROUGH, David | Director | 2001-03-15 | 2004-06-28 |
| MAINE, Michael Geoffrey | Director | 2011-02-28 | 2014-02-28 |
| MATTHEWS, Mark Edwin | Director | 2019-03-31 | 2026-01-22 |
| MCCREE, Andrew Charles Gambon | Director | 2002-03-18 | 2005-07-04 |
| MERRELL, John Michael | Director | 1997-08-28 | 1998-03-16 |
| MILSOM, John Francis Sidney | Director | 2005-10-07 | 2006-06-17 |
| MURRAY, Catherine Goldie | Director | 2005-05-17 | 2011-02-28 |
| NEAT, Robin John, Dr | Director | 1998-03-16 | 2001-03-15 |
| RUSSEL, Nicholas James | Director | 2011-07-07 | 2014-02-28 |
| RYAN, Graham Charles | Director | 2007-11-23 | 2009-06-30 |
| SECHRIST, Todd Michael | Director | 2015-12-16 | 2019-03-31 |
| SIMMS, Barry | Director | 2001-03-15 | 2005-04-04 |
| SMART, David | Director | 2016-06-09 | 2019-03-31 |
| WREN, Graham | Director | 2005-05-17 | 2006-04-07 |
| WRIGHT, Christopher John, Dr | Director | 1998-03-16 | 2000-01-18 |
| ZUIDEMA, Richard William | Director | 2011-02-28 | 2015-12-15 |
| CURSITOR NOMINEES LIMITED | Corporate Nominee Director | 1993-07-30 | 1993-08-11 |
| CURSITOR SECRETARIAL SERVICES LIMITED | Corporate Nominee Director | 1993-07-30 | 1993-08-11 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Enersys Holdings Uk Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 253 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-19 | AP01 | officers | Appoint person director company with name date | |
| 2026-02-04 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-24 | AA | accounts | Accounts with accounts type full | |
| 2025-08-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-29 | AA | accounts | Accounts with accounts type full | |
| 2024-08-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-19 | AA | accounts | Accounts with accounts type full | |
| 2024-06-05 | DISS40 | gazette | Gazette filings brought up to date | |
| 2024-05-28 | GAZ1 | gazette | Gazette notice compulsory | |
| 2024-03-27 | AAMD | accounts | Accounts amended with accounts type full | |
| 2023-08-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-05-03 | TM02 | officers | Termination secretary company with name termination date | |
| 2023-03-31 | AA | accounts | Accounts with accounts type unaudited abridged | |
| 2022-08-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-04-05 | AA | accounts | Accounts with accounts type full | |
| 2021-12-23 | AD02 | address | Change sail address company with old address new address | |
| 2021-12-23 | CH04 | officers | Change corporate secretary company with change date | |
| 2021-12-23 | AD02 | address | Change sail address company with old address new address | |
| 2021-08-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-04-13 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
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.