YÜ ENERGY RETAIL LIMITED
Trading as Yü Energy, the company operates as a subsidiary of the listed Yü Group PLC, supplying electricity, gas, and water to businesses across the UK.
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Cash
£32M
Latest balance sheet
Net assets
£13M
Equity attributable
Employees
223
Average over period
Profit before tax
£39M
Period ending 2023-12-31
Net assets
1-year trend · vs Utilities median
Accounts
1-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | Δ vs prior |
|---|---|---|---|
| Turnover | £457,113,000 | — | |
| Operating profit | £37,965,000 | — | |
| Profit before tax | £38,962,000 | — | |
| Net profit | £31,231,000 | — | |
| Cash | £32,144,000 | — | |
| Total assets less current liabilities | — | — | |
| Net assets | £12,950,000 | — | |
| Equity | £12,950,000 | — | |
| Average employees | 223 | — | |
| Wages | £10,535,000 | — | |
| Directors' remuneration | £3,066,000 | — |
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's period length differs materially from the prior year. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 |
|---|---|---|
| Operating margin | 8.3% | |
| Net margin | 6.8% | |
| Gearing (liabilities / total assets) | 92.3% | |
| Current ratio | 1.03x |
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
- YÜ ENERGY RETAIL LIMITED 2019-11-07 → present
- KENSINGTON POWER LIMITED 2012-10-10 → 2019-11-07
Audit & accounting basis
- Accounting basis
- FRS 101
- Auditor
- RSM UK Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements are prepared on a going concern basis. The Directors assessment of going concern is based upon the going concern status of the Group headed up by Yü Group PLC and as such has received a signed letter of support to the Company to confirm the ongoing availability of such financial support and liquidity as is required for 12 months from the date of signing of these financial statements to enable the Company to meet its obligations as they fall due.”
Significant events
- “The Company has entered into commodity purchase contracts to hedge its exposures to fluctuations in gas and electricity commodity prices which meet the criteria for "own use"... total commodity purchase contracts at 31 December 2025 amount to £395.6m (2024: £315.0m).”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| GLASGOW, John Colin | Director | 2020-11-13 | Jun 1962 | British |
| KALAR, Bobby | Director | 2014-02-17 | Oct 1975 | British |
| PAYNTER BRYANT, Robin Francis | Director | 2020-11-13 | Dec 1960 | British |
| PERKINS, Anthony John | Director | 2020-11-13 | Oct 1958 | British |
| RAWSON, Paul Edwin | Director | 2018-09-03 | Jun 1975 | British |
| SIMPSON, Andrew | Director | 2025-09-01 | Feb 1981 | British |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| PARKER, Anthony Nicholas | Director | 2016-03-10 | 2018-07-31 |
| PETERS, Stephen Roy | Director | 2012-10-10 | 2014-02-17 |
| PICKERING, Garry | Director | 2016-03-10 | 2020-02-07 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Bobby Kalar | Individual | Shares 50–75% | 2016-04-06 | Ceased 2016-04-06 |
| Yü Energy Holding Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 59 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-23 | AA | accounts | Accounts with accounts type full | |
| 2026-05-21 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-10-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-01 | AP01 | officers | Appoint person director company with name date | |
| 2025-08-14 | AA | accounts | Accounts with accounts type full | |
| 2024-10-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-25 | AA | accounts | Accounts with accounts type full | |
| 2024-07-17 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-07-17 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-03-04 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-02-26 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-02-23 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-10-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-08-07 | AA | accounts | Accounts with accounts type full | |
| 2022-10-10 | AA | accounts | Accounts with accounts type full | |
| 2022-10-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-10-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-06-28 | AA | accounts | Accounts with accounts type full | |
| 2020-11-24 | AA | accounts | Accounts with accounts type full | |
| 2020-11-20 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 1
- 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.