BRYT ENERGY LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-05-19 (in 1y)
Last made up 2026-05-05
Watchouts
None on the register
Cash
£52M
Latest balance sheet
Net assets
£25M
+52.4% vs 2023
Employees
0
Average over period
Profit before tax
£10M
-14.8% vs 2023
Net assets
2-year trend · vs Utilities median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £962,374,507 | £847,025,275 | |
| Operating profit | £10,280,889 | £7,966,021 | |
| Profit before tax | £11,996,766 | £10,225,265 | |
| Net profit | £10,413,797 | £8,427,710 | |
| Cash | £0 | £52,312,070 | |
| Total assets less current liabilities | £16,072,657 | £24,500,367 | |
| Net assets | £16,072,657 | £24,500,367 | |
| Equity | £16,072,657 | £24,500,367 | |
| Average employees | 0 | 0 | |
| Wages | £4,914,865 | £6,214,007 | |
| Directors' remuneration | £1,300,489 | £1,384,068 |
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
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-12%
£962,374,507 £847,025,275
-
Cash
—
Not reported
-
Net assets
+52.4%
£16,072,657 £24,500,367
-
Employees
—
Not reported
-
Operating profit
-22.5%
£10,280,889 £7,966,021
-
Profit before tax
-14.8%
£11,996,766 £10,225,265
-
Wages
+26.4%
£4,914,865 £6,214,007
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 1.1% | 0.9% | |
| Net margin | 1.1% | 1.0% | |
| Return on capital employed | 64.0% | 32.5% | |
| Gearing (liabilities / total assets) | 94.7% | 89.8% | |
| Current ratio | 0.97x | 0.91x | |
| Interest cover | 176.58x | 48.88x |
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
- BRYT ENERGY LIMITED 2016-11-17 → present
- BULLION ENERGY LIMITED 2016-05-06 → 2016-11-17
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The company has strong support from the Statkraft Group in order to access renewable energy and green certificates, use of the Statkraft brand which is central to attracting customers and, access to a significant overdraft facility as part of the Statkraft cash pool arrangement. In 2024, the Statkraft Group reported profit before tax of 20.6 billio”
Significant events
- “2024 was another successful year for the company, with a strong set of financial results and operational performance being delivered.”
- “The company continues its core activity of supplying zero carbon electricity to British businesses: during the year, the company supplied 3.5 TWh of electricity to customers (2023: 3.3 TWh).”
- “Electricity market prices, which had seen record highs in late 2022 before declining gradually over the course of 2023, saw an extended period of stability during 2024. This led to lower annual revenue in the year compared to 2023”
- “total bad debt written off in the year increased to £1.6m, which is 0.19% of revenue (2023: £1.5m, 0.16% revenue).”
- “In 2024, Bryt Energy became the first renewable electricity supplier globally to become certified as a Silver Carbon Literate Organisation.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
8 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| FORSYTH, Duncan | Secretary | 2017-01-09 | — | — |
| BROTHWELL, Ian Richard | Director | 2017-03-01 | Sep 1973 | British |
| DALE, Duncan Peter, Mr. | Director | 2017-01-09 | Aug 1964 | British |
| DORNBAUM, Markus | Director | 2023-06-21 | Jan 1970 | German |
| FORSYTH, Duncan Ryder Douglas, Mr. | Director | 2017-01-09 | Sep 1976 | British |
| MASTERS, Sally Jane | Director | 2023-06-21 | Feb 1969 | British |
| TAYLOR, David | Director | 2020-12-10 | Dec 1972 | British |
| WILBOR, Heidi | Director | 2020-12-10 | Feb 1980 | British |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CAVE, David John | Director | 2017-01-09 | 2020-11-24 |
| HOBBINS, Adrian Jordan | Director | 2020-12-10 | 2026-01-20 |
| MUNDAY, Keith Adrian Russell | Director | 2017-01-09 | 2020-11-24 |
| SIEMES, Philipp Mathias Karl | Director | 2021-07-02 | 2023-06-21 |
| SLADE, Jonathan Alexander | Director | 2016-05-06 | 2016-12-14 |
| TESCHKE, Robert Christian | Director | 2017-01-09 | 2021-06-17 |
| THOMAS, Geoffrey David | Director | 2016-12-14 | 2020-11-24 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Statkraft Pure Energy Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2016-12-14 | Active |
Filing timeline
Last 20 of 54 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-02-27 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2026-01-21 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-04 | AA | accounts | Accounts with accounts type full | |
| 2025-05-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-02-03 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-10-04 | AA | accounts | Accounts with accounts type full | |
| 2024-05-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-16 | AA | accounts | Accounts with accounts type full | |
| 2023-06-26 | AP01 | officers | Appoint person director company with name date | |
| 2023-06-26 | TM01 | officers | Termination director company with name termination date | |
| 2023-06-26 | AP01 | officers | Appoint person director company with name date | |
| 2023-05-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-07 | AA | accounts | Accounts with accounts type full | |
| 2022-05-05 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-10-06 | AAMD | accounts | Accounts amended with accounts type full | |
| 2021-10-06 | AA | accounts | Accounts with accounts type full | |
| 2021-08-05 | RP04SH01 | capital | Second filing capital allotment shares | |
| 2021-07-16 | SH01 | capital | Capital allotment shares | |
| 2021-07-16 | 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
- 0
- Officers resigned
- 1
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.