ELSWICK POWER LIMITED
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Cash
—
Latest balance sheet
Net assets
—
Equity attributable
Employees
—
Average over period
Profit before tax
-£223K
+2.2% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
The financial statements have been prepared on the going concern basis, notwithstanding losses of £223,000 for the year (year ended 30 June 2024: £228,000) and net liabilities of £3,249,000 (2024: £3,026,000)... The Company is dependent for its working capital on funds provided to it by AJL, the Company's parent. AJL, has provided a letter of support ... to 31 January 2027. The directors acknowledge material uncertainties that may cast doubt upon the Company's ability to continue as a going concern.
Profit before tax
2-year trend · vs Energy median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2025-06-30
| Metric | Trend | 2024-06-30 | 2025-06-30 | Δ vs prior |
|---|---|---|---|---|
| Turnover | — | £16,000 | — | |
| Operating profit | -£218,000 | -£210,000 | +3.7% | |
| Profit before tax | -£228,000 | -£223,000 | +2.2% | |
| Net profit | -£228,000 | -£223,000 | +2.2% | |
| Cash | — | — | — | |
| Total assets less current liabilities | -£2,756,000 | -£2,980,000 | -8.1% | |
| Net assets | — | — | — | |
| Equity | — | — | — | |
| Average employees | — | — | — | |
| Wages | — | — | — | |
| 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. 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 | 2024-06-30 | 2025-06-30 |
|---|---|---|---|
| Interest cover | -21.80x | -16.15x |
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.
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- MHA Audit Services LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“The financial statements have been prepared on the going concern basis, notwithstanding losses of £223,000 for the year (year ended 30 June 2024: £228,000) and net liabilities of £3,249,000 (2024: £3,026,000)... The Company is dependent for its working capital on funds provided to it by AJL, the Company's parent. AJL, has provided a letter of support ... to 31 January 2027. The directors acknowledge material uncertainties that may cast doubt upon the Company's ability to continue as a going concern.”
Significant events
- “Company commenced electricity generation for export and sale into the local grid from September 2024.”
- “No material events to disclose subsequent to the year ended 30 June 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BALL, Julian Robert Steven | Director | 2020-09-01 | Sep 1962 | British |
| OVERLAND, Jillian Maree | Director | 2024-01-16 | Mar 1972 | Australian |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ALDLEX LIMITED | Corporate Secretary | 2014-02-03 | 2024-01-16 |
| ARNALL, Philip James | Director | 2014-02-03 | 2020-08-31 |
| ASHTON, Hubert William | Director | 2014-02-03 | 2024-01-16 |
| CARRUTHERS, Anthony David | Director | 2013-05-23 | 2014-02-03 |
| EGAN, Francis Gerard | Director | 2013-05-23 | 2014-02-03 |
| PRICE, Andrew Christopher | Director | 2013-05-23 | 2014-02-03 |
| QUARLES VAN UFFORD, Andrew Ian | Director | 2013-05-23 | 2014-02-03 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Lucas Holdings (Bowland) Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 54 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-27 | AA | accounts | Accounts with accounts type full | |
| 2025-10-13 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-10-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-22 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-05-09 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-05-09 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-01-22 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-01-22 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-01-21 | AA | accounts | Accounts with accounts type full | |
| 2024-10-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-03-30 | AA | accounts | Accounts with accounts type full | |
| 2024-01-16 | AP01 | officers | Appoint person director company with name date | |
| 2024-01-16 | TM01 | officers | Termination director company with name termination date | |
| 2024-01-16 | TM02 | officers | Termination secretary company with name termination date | |
| 2023-10-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-21 | AA | accounts | Accounts with accounts type full | |
| 2023-04-24 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2022-10-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-06-29 | AA | accounts | Accounts with accounts type full | |
| 2021-10-07 | 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.