CLEAN POWER HYDROGEN GROUP LIMITED

• ⚠

  Material uncertainty over going concern

  Although the Directors are confident that sufficient funding will be obtained as required by the Parent, there can be no guarantee that such funding will be obtained and accordingly a material uncertainty exists that may cast doubt on the Group's ability to continue as a going concern. Refer to note 1 for further information.

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

  —

  Not reported

• Cash

  -76.6%

  £111,000 → £26,000

  lowest in 4 filed years

• Net assets

  -196.5%

  -£7,340,000 → -£21,763,000

  lowest in 4 filed years

• Employees

  -6%

  50 → 47

• Operating profit

  -182.6%

  -£5,299,000 → -£14,974,000

  lowest in 4 filed years

• Profit before tax

  -180.8%

  -£5,344,000 → -£15,005,000

  lowest in 4 filed years

• Wages

  +3.3%

  £2,152,000 → £2,222,000

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

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.

1. CLEAN POWER HYDROGEN GROUP LIMITED 2016-08-16 → present
2. CLEAN POWER HYDROGEN LIMITED 2016-07-19 → 2016-08-16

Accounting basis

IFRS

Reporting scope

Consolidated group

Auditor

PKF Littlejohn LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“Although the Directors are confident that sufficient funding will be obtained as required by the Parent, there can be no guarantee that such funding will be obtained and accordingly a material uncertainty exists that may cast doubt on the Group's ability to continue as a going concern. Refer to note 1 for further information.”

Group structure

1. CLEAN POWER HYDROGEN GROUP LIMITED · parent
   1. Clean Power Hydrogen Limited 1% · Republic of Ireland · Holds intellectual property
   2. Hydrogen United Limited 1% · England · Dormant
   3. CPH2 Northern Ireland Limited 0.51% · Northern Ireland · Dormant

Significant events

• “The Parent completed a fundraise on 8 January 2025 following approval by its shareholders, resulting in a total of 84,203,394 new shares being issued and £6,356,000 gross funds raised (£5,705,000 net).”
• “The Group achieved the Site Acceptance Test ('SAT') of the MFE110 electrolyser on 7 May 2025.”
• “CPH2 has four contracted sales for 1MW MFE220 electrolysers, the first of which is to Northern Ireland Water. We expect to complete the FAT in the second half of 2025 with the Site Acceptance Test in H1 2026, which is when the revenue will be recognised.”
• “The licence agreement grants Hidrigin the right to manufacture up to 2GWs of MFE electrolysers over a 20-year period.”

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

Filings

7

last 12 months

Capital events

0

last 24 months

Officers appointed

2

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.