THRIVE RENEWABLES (EYE) LIMITED
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Cash
£467k
+229.1% vs 2024
Net assets
£732k
-8.1% lowest in 3 filed years
Employees
0
Average over period
Profit before tax
£785k
-32% lowest in 3 filed years
Net assets
3-year trend · vs Utilities median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £2,692,459 | £2,149,067 | £1,819,062 | -15.4% | |
| Operating profit | £1,912,691 | £1,338,488 | £948,787 | -29.1% | |
| Profit before tax | £1,705,244 | £1,155,269 | £785,202 | -32% | |
| Net profit | £1,302,294 | £862,984 | £585,440 | -32.2% | |
| Cash | £485,707 | £141,926 | £467,121 | +229.1% | |
| Total assets less current liabilities | £6,321,217 | £4,467,845 | £3,680,646 | -17.6% | |
| Net assets | £1,933,943 | £796,927 | £732,367 | -8.1% | |
| Equity | £1,933,943 | £796,927 | £732,367 | -8.1% | |
| Average employees | 0 | 0 | 0 | — | |
| Wages | — | — | — | — | |
| Directors' remuneration | £0 | £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 —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 71.0% | 62.3% | 52.2% | |
| Net margin | 48.4% | 40.2% | 32.2% | |
| Return on capital employed | 30.3% | 30.0% | 25.8% | |
| Gearing (liabilities / total assets) | — | 85.8% | 85.8% | |
| Current ratio | 3.04x | 2.07x | 1.55x | |
| Interest cover | 9.03x | 7.15x | 5.62x |
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
- THRIVE RENEWABLES (EYE) LIMITED 2016-03-24 → present
- TRIODOS RENEWABLES (EYE) LIMITED 2012-03-15 → 2016-03-24
- EYE AIRFIELD WIND DIRECT LIMITED 2010-06-30 → 2012-03-15
- HEBBURN WIND DIRECT LIMITED 2009-02-10 → 2010-06-30
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Ernst & Young LLP
- 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 to 31 December 2027.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 9 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CLAYTON, Matthew Thomas | Director | 2012-03-08 | Dec 1975 | British |
| CROSS, Katrina Lorraine | Director | 2013-01-01 | Oct 1972 | British |
| PAPLACZYK, Monika Lidia | Director | 2015-08-06 | Dec 1979 | British |
Show 9 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| THOMSON, Malcolm Stuart | Secretary | 2009-02-10 | 2012-03-08 |
| TRIODOS CORPORATE OFFICER LIMITED | Corporate Secretary | 2013-01-04 | 2016-03-16 |
| ALDER, Martin Arthur | Director | 2009-07-09 | 2011-05-19 |
| BARKER, Richard | Director | 2009-02-10 | 2012-03-08 |
| CAMERON, Euan Porter, Dr | Director | 2009-02-10 | 2012-03-08 |
| HIRD, Daniel Robert | Director | 2012-03-08 | 2013-01-04 |
| KARKI, Frances Judith | Director | 2009-02-10 | 2012-03-08 |
| VACCARO, James Carmine Antony | Director | 2012-03-08 | 2012-07-09 |
| TRIODOS CORPORATE OFFICER LIMITED | Corporate Director | 2013-01-04 | 2016-02-29 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Thrive Renewables Plc | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 77 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-14 | AA | accounts | Accounts with accounts type full | |
| 2026-01-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-10-02 | AA | accounts | Accounts with accounts type full | |
| 2025-01-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-12 | AA | accounts | Accounts with accounts type full | |
| 2024-01-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-08-24 | AA | accounts | Accounts with accounts type full | |
| 2023-01-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-08-11 | AA | accounts | Accounts with accounts type full | |
| 2022-01-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-09-27 | AA | accounts | Accounts with accounts type full | |
| 2021-09-21 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2021-05-26 | CH01 | officers | Change person director company with change date | |
| 2020-12-31 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-11-25 | AA | accounts | Accounts with accounts type full | |
| 2019-12-31 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-07-24 | AA | accounts | Accounts with accounts type full | |
| 2019-01-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2018-07-17 | AA | accounts | Accounts with accounts type full | |
| 2018-01-04 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- 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.