UTILITA ENERGY LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2027-03-05 (in 10mo)
Last made up 2026-02-19
Watchouts
None on the register
Cash
£82M
+16.7% vs 2024
Net assets
£86M
+9.2% vs 2024
Employees
542
-48.7% vs 2024
Profit before tax
£8M
-84.1% vs 2024
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 | £1,413,575,000 | £1,171,357,000 | |
| Operating profit | £42,203,000 | -£1,862,000 | |
| Profit before tax | £50,065,000 | £7,953,000 | |
| Net profit | £45,875,000 | £2,247,000 | |
| Cash | £70,374,000 | £82,126,000 | |
| Total assets less current liabilities | £79,891,000 | £87,349,000 | |
| Net assets | £79,116,000 | £86,363,000 | |
| Equity | £79,116,000 | £86,363,000 | |
| Average employees | 1,056 | 542 | |
| Wages | £45,792,000 | £15,755,000 | |
| 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
-17.1%
£1,413,575,000 £1,171,357,000
-
Cash
+16.7%
£70,374,000 £82,126,000
-
Net assets
+9.2%
£79,116,000 £86,363,000
-
Employees
-48.7%
1,056 542
-
Operating profit
-104.4%
£42,203,000 -£1,862,000
-
Profit before tax
-84.1%
£50,065,000 £7,953,000
-
Wages
-65.6%
£45,792,000 £15,755,000
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 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Operating margin | 3.0% | -0.2% | |
| Net margin | 3.2% | 0.2% | |
| Return on capital employed | 52.8% | -2.1% | |
| Gearing (liabilities / total assets) | 71.6% | 72.2% | |
| Current ratio | 1.37x | 1.38x | |
| Interest cover | 125.60x | -10.23x |
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 1 time since incorporation
- UTILITA ENERGY LIMITED 2011-08-11 → present
- UTILITA ELECTRICITY LIMITED 2003-07-29 → 2011-08-11
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- S&W Audit
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“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.”
Group structure
- UTILITA ENERGY LIMITED · parent
- Utilita Gas Limited 100%
Significant events
- “On the 8th November 2025 Utilita Energy Limited sold 41,000 customers to EDF, this represented approximately 5% of the total portfolio, and 50% of the credit customer portfolio. This sale was to support the strategic goals of the group to focus on its core product, smart prepay, and to further mitigate credit risk exposure.”
- “Following the introduction of capital adequacy rules effective 1 April 2024, the directors opted to maintain customer numbers broadly flat to assist with compliance with these new requirements.”
- “Smart meter penetration reached 95% (2024: 92%), the highest in the industry among large suppliers. Utilita is also in the top quartile for meters operating in smart mode, with 96%, 4% above the industry average. The company successfully completed its SMETS1 enrolment into the DCC infrastructure post year-end in September 2025.”
- “Mode Change and Warrant processes recommenced in 2024. The company is now focused on clearing backlogs and recovering outstanding debt.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 16 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SMITH, Michael David Edwin | Secretary | 2014-06-01 | — | — |
| BULLEN, William Nicholas | Director | 2004-07-21 | Dec 1961 | British |
| MILNE, Ashley Ian | Director | 2023-01-01 | Oct 1985 | English |
Show 16 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BOAKES, Simon Alexander | Secretary | 2005-04-26 | 2005-12-15 |
| BOAKES, Simon Alexander | Secretary | 2004-07-21 | 2004-10-22 |
| BULLEN, William Nicholas | Secretary | 2005-12-15 | 2014-06-01 |
| BULLEN, William Nicholas | Secretary | 2004-10-22 | 2005-04-26 |
| CASALE, David Laurence | Secretary | 2003-07-29 | 2004-07-21 |
| BEASLEY, Andrew John | Director | 2009-10-01 | 2009-10-18 |
| BOAKES, Simon Alexander | Director | 2005-04-26 | 2005-12-15 |
| BOAKES, Simon Alexander | Director | 2003-10-15 | 2004-10-22 |
| CASALE, David Laurence | Director | 2003-07-29 | 2009-08-24 |
| CASALE, Jonathan Andrew | Director | 2003-07-29 | 2003-07-31 |
| CASALE, Sally Ann | Director | 2003-07-31 | 2003-11-27 |
| GHOSH, Kaushik | Director | 2009-10-30 | 2014-06-01 |
| SMITH, Michael David Edwin | Director | 2014-06-01 | 2024-03-31 |
| SONDHEIMER, Julian Philip | Director | 2003-07-31 | 2004-11-22 |
| ST CLAIR, Richard John | Director | 2006-07-12 | 2009-05-05 |
| THORNE, Roger Terence | Director | 2003-08-28 | 2004-09-20 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Luxion Group Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 126 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-04-07 RESOLUTIONS Resolution
- 2024-08-13 MA Memorandum articles
- 2024-08-13 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-26 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-12-30 | AA | accounts | Accounts with accounts type full | |
| 2025-12-22 | MR05 | mortgage | Mortgage charge part release with charge number | |
| 2025-12-22 | MR05 | mortgage | Mortgage charge part release with charge number | |
| 2025-05-20 | CH01 | officers | Change person director company with change date | |
| 2025-04-07 | SH01 | capital | Capital allotment shares | |
| 2025-04-07 | RESOLUTIONS | resolution | Resolution | |
| 2025-02-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-23 | AA | accounts | Accounts with accounts type full | |
| 2024-08-13 | MA | incorporation | Memorandum articles | |
| 2024-08-13 | RESOLUTIONS | resolution | Resolution | |
| 2024-08-05 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-08-01 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-04-12 | TM01 | officers | Termination director company with name termination date | |
| 2024-02-28 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-02-20 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-02-20 | MR05 | mortgage | Mortgage charge part release with charge number | |
| 2024-01-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-01-02 | AA | accounts | Accounts with accounts type full | |
| 2023-11-22 | MR05 | mortgage | Mortgage charge part release with charge number |
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.