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Cash

£9.1m

-7.6% lowest in 3 filed years

Net assets

-£16m

+28.2% highest in 3 filed years

Employees

49

-7.5% vs 2025

Profit before tax

£6.3m

+6.2% highest in 3 filed years

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Accounts

3-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31

Metric Trend 2024-03-312025-03-312026-03-31 Δ vs prior
Turnover £15,638,000£17,584,000£19,008,000 +8.1%
Operating profit £6,262,000£6,744,000£7,126,000 +5.7%
Profit before tax £5,465,000£5,937,000£6,306,000 +6.2%
Net profit £5,427,000£5,871,000£6,265,000 +6.7%
Cash £11,812,000£9,871,000£9,119,000 -7.6%
Total assets less current liabilities £641,000£5,662,000 +783.3%
Net assets -£28,107,000-£22,236,000-£15,970,000 +28.2%
Equity -£15,970,000
Average employees 465349 -7.5%
Wages £3,177,000£3,267,000£3,457,000 +5.8%
Directors' remuneration £230,000£227,000£249,000 +9.7%

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 2024-03-312025-03-312026-03-31
Operating margin 40.0%38.4%37.5%
Net margin 34.7%33.4%33.0%
Return on capital employed 1052.1%125.9%
Gearing (liabilities / total assets) 230.9%222.8%169.8%
Current ratio 0.65x0.67x0.55x
Interest cover 6.34x6.55x7.21x

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.

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
MHA
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“Given the regulatory obligations placed on energy suppliers who are members of the Alt HAN Forum, and the availability of funding through the Energy Supplier and Data Communications Company (DCC) funding mechanism, the Directors consider that the Company is able to continue in operational existence for the foreseeable future. Accordingly, the financial statements have been prepared on a going concern basis.”

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

People

4 active · 24 resigned

Name Role Appointed Born Nationality
COOPER, Paul John Michael Director 2019-12-12 May 1972 British
DICKINSON, Louise Director 2025-05-15 Dec 1983 British
KELLY, Ismey Director 2024-10-17 Jan 1990 British
WALLIS, Tracy Director 2026-04-17 Oct 1970 British
Show 24 resigned officers
Name Role Appointed Resigned
ANGUS, John Robert Director 2020-02-28 2020-05-28
BAILEY, Adam Vincent Director 2023-01-25 2025-04-14
BERKHAUER, Ashton Director 2016-07-13 2018-07-13
BRENNAN, Jonathan Michael Director 2017-08-25 2026-02-27
BUTLER, James Philip Director 2016-07-13 2018-04-27
CLARK, Paul Alan Director 2019-04-30 2021-03-25
COOPER, Paul John Michael Director 2017-08-16 2019-11-05
DALLEY, Christopher Director 2020-01-28 2022-01-28
DAVIES, Clementine Director 2024-10-17 2026-04-23
DONOGHUE, George Director 2016-07-13 2017-08-16
DUFF, Henry James Robin Director 2020-01-28 2021-06-24
DURHAM, Samantha Jane Director 2025-07-17 2025-07-17
ELLIS, Roger Damian John Director 2022-01-28 2025-06-11
FINDING, Rebecca Jayne Director 2016-02-12 2016-07-13
HANLEY, Martin Paul Director 2021-04-15 2022-12-20
MILLER, John Duncan Director 2021-08-19 2023-01-31
MILLS, Joe Edward Director 2022-11-17 2024-09-30
PENNY, David James Elliott Director 2017-08-25 2019-04-25
REID, Stuart Director 2020-12-14 2022-12-14
ROBERTS, Niels Roy Director 2018-07-14 2020-01-29
ROWE, William Joseph Director 2020-05-28 2020-12-31
RUDD, Adrian Paul Director 2016-07-13 2017-10-31
WARD, Andrew Michael Director 2018-07-31 2020-10-27
WELLER, Graham Richard Director 2018-07-14 2019-11-01

Ownership

Persons with significant control

No persons with significant control on record.

Filing timeline

Last 20 of 95 total filings

Date Type Category Description
2026-07-26 AA accounts Accounts with accounts type full
2026-06-26 AP01 officers Appoint person director company with name date PDF
2026-04-28 AP01 officers Appoint person director company with name date PDF
2026-04-23 TM01 officers Termination director company with name termination date PDF
2026-02-27 TM01 officers Termination director company with name termination date PDF
2025-12-12 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-12-10 TM01 officers Termination director company with name termination date PDF
2025-12-05 AP01 officers Appoint person director company with name date PDF
2025-08-29 AA accounts Accounts with accounts type full
2025-07-21 AP01 officers Appoint person director company with name date PDF
2025-06-11 TM01 officers Termination director company with name termination date PDF
2025-05-21 AP01 officers Appoint person director company with name date PDF
2025-04-14 TM01 officers Termination director company with name termination date PDF
2024-12-10 CS01 confirmation-statement Confirmation statement with updates PDF
2024-10-24 AP01 officers Appoint person director company with name date PDF
2024-10-22 AP01 officers Appoint person director company with name date PDF
2024-09-30 TM01 officers Termination director company with name termination date PDF
2024-08-22 AA accounts Accounts with accounts type full
2023-11-27 CS01 confirmation-statement Confirmation statement with updates PDF
2023-11-21 AA accounts Accounts with accounts type full

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
9

last 12 months

Capital events
0

last 24 months

Officers appointed
1

last 12 months

Officers resigned
2

last 12 months

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

Official Companies House page