GREP1 LIMITED
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Cash
£5.3m
Latest balance sheet
Net assets
£37m
highest in 6 filed years
Employees
0
Average over period
Profit before tax
£14m
Period ending 2025-12-31
Net assets
6-year trend · vs Utilities median
Accounts
6-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|---|
| Turnover | £43,028,873 | £36,259,775 | £64,576,494 | £59,173,472 | £71,635,151 | £64,936,136 | — | |
| Operating profit | £7,617,452 | £1,363,067 | £29,175,361 | £19,899,069 | £18,833,482 | £19,401,245 | — | |
| Profit before tax | £443,587 | -£23,284,086 | £21,203,830 | £12,412,801 | £10,232,279 | £13,724,667 | — | |
| Net profit | £443,587 | -£23,284,086 | £22,877,096 | £8,967,577 | £7,796,015 | £10,367,490 | — | |
| Cash | £11,147,990 | £4,755,099 | £5,871,085 | £2,772,696 | £14,196,321 | £5,295,771 | — | |
| Total assets less current liabilities | £125,952,173 | -£14,282,130 | -£13,855,681 | £39,042,896 | £145,933,985 | £121,619,516 | — | |
| Net assets | £16,391,264 | -£30,250,570 | -£29,634,422 | £25,035,566 | £32,831,581 | £37,058,147 | — | |
| Equity | £16,391,264 | -£30,250,570 | -£29,634,422 | £25,035,566 | £32,831,581 | £37,058,147 | — | |
| Average employees | — | 0 | 0 | — | 0 | 0 | — | |
| Wages | — | — | — | — | — | — | — | |
| Directors' remuneration | — | — | — | — | £0 | £0 | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. Year-on-year comparison hidden: this filing covers about 12 months versus 15 months prior. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | 17.7% | 3.8% | 45.2% | 33.6% | 26.3% | 29.9% | |
| Net margin | 1.0% | -64.2% | 35.4% | 15.2% | 10.9% | 16.0% | |
| Return on capital employed | 6.0% | — | — | 51.0% | 12.9% | 16.0% | |
| Gearing (liabilities / total assets) | 89.1% | 121.9% | 118.6% | 83.4% | 78.6% | 71.3% | |
| Current ratio | — | — | — | 0.43x | 7.28x | 4.73x | |
| Interest cover | 1.36x | 0.05x | 3.47x | 2.69x | 2.21x | 3.41x |
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
- GREP1 LIMITED 2014-10-16 → present
- ECO2 LINCS LIMITED 2006-11-16 → 2014-10-16
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- PKF Francis Clark
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have assessed the Group's ability to continue as a going concern for a period of at least twelve months from the date of approval of these financial statements. Based on the assessment outlined above, the Directors do not consider that there is a material uncertainty.”
Group structure
- GREP1 LIMITED · parent
- Lincolnshire Biomass Limited 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 16 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SARANDIDIS, Apostolos | Director | 2024-02-27 | May 1974 | Greek |
| UNWIN, Hugh Alexander | Director | 2020-05-28 | Jul 1972 | British |
Show 16 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MCINNES, Charles Malcolm | Secretary | 2006-11-16 | 2011-12-09 |
| EVERSECRETARY LIMITED | Corporate Secretary | 2011-12-09 | 2020-05-28 |
| BERGSMA, Joost Hessel Louis | Director | 2011-12-09 | 2020-05-28 |
| DARWELL, Peter | Director | 2006-11-16 | 2011-12-09 |
| DICKSON, Peter Robert | Director | 2011-12-09 | 2020-05-28 |
| FRANCESCH, Jordi Lopez | Director | 2014-10-01 | 2020-05-28 |
| FRANCESCH, Jordi Lopez | Director | 2011-12-09 | 2012-02-01 |
| FULLER, Robin John | Director | 2006-11-30 | 2011-12-09 |
| KIRK, Ronald John | Director | 2006-11-30 | 2011-12-09 |
| PATEL, Minal | Director | 2020-05-28 | 2024-02-27 |
| RICHARDS, Christopher Arthur | Director | 2006-11-30 | 2011-12-09 |
| TOFT, Andrew Jonathan, Dr | Director | 2006-11-30 | 2011-12-09 |
| URBANSKY, Henrik | Director | 2011-12-09 | 2012-02-01 |
| VINEY, Nigel Jeremy | Director | 2009-01-01 | 2011-12-09 |
| WILLIAMS, Darren | Director | 2006-11-30 | 2011-12-09 |
| WILLIAMS, David James, Dr | Director | 2006-11-16 | 2011-12-09 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Cep Biomass Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 121 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-30 | AA | accounts | Accounts with accounts type group | |
| 2025-12-10 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-09-30 | AA | accounts | Accounts with accounts type group | |
| 2024-12-18 | CH01 | officers | Change person director company with change date | |
| 2024-12-18 | CH01 | officers | Change person director company with change date | |
| 2024-12-18 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-12-18 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-11-28 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-10-03 | AA01 | accounts | Change account reference date company current extended | |
| 2024-09-27 | AA | accounts | Accounts with accounts type group | |
| 2024-02-29 | TM01 | officers | Termination director company with name termination date | |
| 2024-02-29 | AP01 | officers | Appoint person director company with name date | |
| 2023-11-27 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-11-16 | CH01 | officers | Change person director company with change date | |
| 2023-06-30 | AA | accounts | Accounts with accounts type full | |
| 2022-11-21 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-11-18 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2022-07-04 | AA | accounts | Accounts with accounts type full | |
| 2021-11-29 | CH01 | officers | Change person director company with change date | |
| 2021-11-24 | CS01 | confirmation-statement | Confirmation statement with updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- 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.