LOESCHE ENERGY SYSTEMS LIMITED

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

• Turnover

  +128.3%

  £2,284,828 → £5,215,449

• Cash

  +124.9%

  £745,484 → £1,676,931

  highest in 6 filed years

• Net assets

  -8%

  -£8,465,577 → -£9,139,963

  lowest in 6 filed years

• Employees

  0%

  15 → 15

• Operating profit

  +32.2%

  -£1,329,125 → -£901,810

• Profit before tax

  +31.2%

  -£1,529,673 → -£1,052,530

• Wages

  -3.3%

  £660,573 → £638,525

  lowest in 6 filed years

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

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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Menzies LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Company made a loss before tax of £1,052,530 (2023 - £1,529,673) in the year and has net current liabilities of £1,410,664 (2023 - £323,948) at the year end and net liabilities of £9,139,963 (2023 - £8,465,577). Within short term creditors due in less than one year is a balance of £5,087,707 (2023 - £5,259,418) which Loesche Energy Systems Limited owes to the ultimate parent undertaking, Loesche GmbH. The ultimate parent undertaking, Loesche GmbH, has confirmed that they will not recall the short term creditor due and will provide additional support of up to €3m should the Company require it to ensure it is able to meet its liabilities as they fall due. The directors have performed an assessment of going concern, giving due consideration to the Company's historical and current trading, together with its forward-looking projections. Given this, the directors consider that the financial statements should be prepared on a going concern basis.”

Group structure

1. LOESCHE ENERGY SYSTEMS LIMITED · parent
   1. Loesche Energy Systems India Private Limited 97% · Uttar Pradesh, India · Power market business

Significant events

• “The Company was awarded a significant contract of $36m in Q4 FY 2020 in waste for this market with the project site located in the Caribbean which has been re-negotiated to $48M in 2022. This contract now sits close to $54M in 2024 after further variations. The notice to proceed is expected in Q2 2025.”
• “Unfortunately the loss made in the financial year was mostly attributable to the write off of a significant large amount owed due to a clients bankruptcy proceedings.”
• “The company took the strategic decision to set up a subsidiary company in India mamed Loesche Energy Systems India Private limited (LESI)”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.