B & D ENERGY LIMITED

• ⚠

  Material uncertainty over going concern

  The company is financed from its parent, London Borough of Barking and Dagenham (LBBD), which provides funding and has confirmed it will not demand repayment before March 2027. A material uncertainty exists due to LBBD's financial statements still being in draft and audit concerns regarding financial controls and governance, despite directors perceiving the risk to be low.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  +0.1%

  £4,626,094 → £4,629,096

• Cash

  -45.7%

  £7,632,183 → £4,142,375

• Net assets

  -4.5%

  -£2,898,431 → -£3,029,817

• Employees

  0%

  10 → 10

• Operating profit

  +31.1%

  -£190,686 → -£131,386

• Profit before tax

  +31.1%

  -£190,686 → -£131,386

• Wages

  +17.8%

  £627,621 → £739,493

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

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.

Accounting basis

IFRS

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Menzies LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The company is financed from its parent, London Borough of Barking and Dagenham (LBBD), which provides funding and has confirmed it will not demand repayment before March 2027. A material uncertainty exists due to LBBD's financial statements still being in draft and audit concerns regarding financial controls and governance, despite directors perceiving the risk to be low.”

Significant events

• “In 2025 the Heat Network sector introduced regulation under OFGEM. B&D Energy is implementing IT system upgrades for compliance and efficient operation. Significant investment continues in Barking Town Centre infrastructure, with the Strategic Energy Centre commencing commissioning end of 2025. Low carbon heating will be introduced from 2027.”

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

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

1

last 12 months

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