MELKSHAM WEST STORAGE LIMITED
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Cash
£33K
-45.6% vs 2024
Net assets
-£6.3M
-133.7% vs 2024
Employees
—
Average over period
Profit before tax
-£3.6M
-205.7% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
2-year trend · vs Utilities median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | — | £1,541,500 | — | |
| Operating profit | -£43,144 | -£1,061,010 | -2,359.2% | |
| Profit before tax | -£1,176,753 | -£3,597,016 | -205.7% | |
| Net profit | -£1,176,753 | -£3,597,016 | -205.7% | |
| Cash | £61,088 | £33,215 | -45.6% | |
| Total assets less current liabilities | -£2,682,477 | -£6,271,867 | -133.8% | |
| Net assets | -£2,690,196 | -£6,287,212 | -133.7% | |
| Equity | -£2,690,196 | -£6,287,212 | -133.7% | |
| Average employees | — | — | — | |
| Wages | — | — | — | |
| Directors' remuneration | £0 | £0 | — |
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 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|
| Operating margin | — | -68.8% | |
| Current ratio | 0.08x | 0.04x | |
| Interest cover | -0.04x | -0.42x |
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. 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
- FRS 102
- Reporting scope
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- Blick Rothenberg Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Significant events
- “The company is party to an operations and maintenance contract for a minimum term of 5 years from August 2025. It is committed to future payments of £918,356 under the terms of this contract.”
- “The company has entered into long-term optimisation and revenue protection arrangements in respect of certain battery energy storage assets through special purpose vehicles.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BECK, Stephen James | Director | 2021-08-25 | Dec 1973 | British |
| GUEST, Benjamin James Ernest | Director | 2021-08-25 | Mar 1973 | British |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| AYDINOGLU, Bozkurt | Director | 2021-08-25 | 2023-06-30 |
| OWEN, Gareth Edward | Director | 2021-08-25 | 2024-03-15 |
| TROUP, Andrew Richard Gordon | Director | 2017-08-14 | 2021-08-25 |
| VERNON, Thomas Andrew | Director | 2017-08-14 | 2021-08-25 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Grid Holdco 1 Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors (as firm) | 2025-08-22 | Active |
| Gresham House Energy Storage Holdings Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-10-27 | Ceased 2025-08-22 |
| Gresham House Devco Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-08-25 | Ceased 2021-10-27 |
| Statera Energy Limited | Corporate entity | Shares 75–100% | 2017-08-14 | Ceased 2021-08-25 |
Filing timeline
Last 20 of 39 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-30 | AA | accounts | Accounts with accounts type full | |
| 2025-09-05 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-09-05 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-08-21 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-06-12 | AA | accounts | Accounts with accounts type small | |
| 2025-01-03 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-09-24 | AA | accounts | Accounts with accounts type full | |
| 2024-08-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-03-27 | TM01 | officers | Termination director company with name termination date | |
| 2023-10-04 | AA | accounts | Accounts with accounts type full | |
| 2023-08-14 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-07-03 | TM01 | officers | Termination director company with name termination date | |
| 2022-08-26 | AA | accounts | Accounts with accounts type full | |
| 2022-08-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-10-28 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2021-10-28 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2021-09-08 | AA | accounts | Accounts with accounts type dormant | |
| 2021-08-26 | TM01 | officers | Termination director company with name termination date | |
| 2021-08-26 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2021-08-26 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- 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.