NEXTPOWER GREY STREET SOLAR LIMITED
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Cash
£834k
+5,382.6% highest in 4 filed years
Net assets
£561k
-45.1% first positive since 2021
Employees
—
Average over period
Profit before tax
-£461k
-84.7% lowest in 3 filed years
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
4-year trend · vs Utilities median
Accounts
4-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2021-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | |
| Operating profit | — | -£190,942 | -£246,121 | -£284,324 | -15.5% | |
| Profit before tax | — | -£189,818 | -£249,558 | -£460,924 | -84.7% | |
| Net profit | — | -£189,818 | -£249,558 | -£460,924 | -84.7% | |
| Cash | £1,049 | £2,547 | £15,209 | £833,851 | +5,382.6% | |
| Total assets less current liabilities | £1,306,678 | £2,949,076 | £1,021,840 | £560,916 | -45.1% | |
| Net assets | -£43,322 | £771,408 | £1,021,840 | £560,916 | -45.1% | |
| Equity | -£43,322 | £771,408 | £1,021,840 | £560,916 | -45.1% | |
| Average employees | 0 | — | — | — | — | |
| Wages | — | — | — | — | — | |
| Directors' remuneration | — | £0 | £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 | 2021-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|
| Return on capital employed | — | -6.5% | -24.1% | -50.7% | |
| Gearing (liabilities / total assets) | 101.8% | 74.4% | 70.9% | 95.7% | |
| Current ratio | — | 1.94x | 0.06x | 0.16x | |
| Interest cover | — | — | -71.61x | -1.61x |
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
- NEXTPOWER GREY STREET SOLAR LIMITED 2025-06-05 → present
- GREY STREET SOLAR LIMITED 2018-11-23 → 2025-06-05
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- KPMG Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have prepared the financial statements on the going concern basis as they do not intend to liquidate the Company or to cease its operations, and as they have concluded that the Company's financial position means that this is realistic. They have also concluded that there are no material uncertainties that could have cast significant doubt over its ability to continue as a going concern for at least a year from the date of approval of the financial statements (the "going concern period").”
Significant events
- “The Ukraine conflict has had a sustained positive impact on the long-term power price projections. Management continue to closely monitor the situation and assess the implications the conflict has on these projections as well as the wider supply chain.”
- “Furthermore, the Company has no direct exposure to Israel or Gaza.”
- “There were no significant events after the year ended 31 December 2025 that would require disclosure in or adjustment to the financial statements.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 13 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| LAGGAN SECRETARIES LIMITED | Corporate Secretary | 2025-03-20 | — | — |
| CORAZZA, Enrico | Director | 2026-03-01 | Mar 1978 | Italian |
| TENDERINI, Filippo | Director | 2024-12-20 | Mar 1968 | Italian |
Show 13 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| IACCARINO, Maria Cristina | Secretary | 2020-07-08 | 2022-02-17 |
| BIGOLIN, Rodolfo | Director | 2019-11-05 | 2020-05-05 |
| BLACK, Matthew Nicholas Henry | Director | 2019-01-03 | 2020-01-14 |
| COOK, Christopher Miles | Director | 2024-02-01 | 2024-12-20 |
| GRAY, Andrew Alexander, Mr. | Director | 2022-02-17 | 2022-04-19 |
| HUANG, Yue | Director | 2020-05-26 | 2020-11-02 |
| INNES, James John | Director | 2022-04-19 | 2024-01-31 |
| MAHON, Stephen William, Dr | Director | 2018-11-23 | 2019-03-07 |
| PRICHARD, Mark Anthony | Director | 2020-05-26 | 2022-02-17 |
| ROMANIN, Stefano | Director | 2019-11-05 | 2021-04-01 |
| TOOMEY, Gary Leigh | Director | 2018-11-23 | 2020-01-14 |
| VAUGHAN, Sulwen | Director | 2024-12-20 | 2026-03-31 |
| ZHANG, Kun | Director | 2020-11-02 | 2022-02-17 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Nextpower Uk Holdco Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2024-12-20 | Active |
| Peridot Solar (Holdco) Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2022-03-19 | Ceased 2024-12-20 |
| Mr Benjamin Alexander Brazil | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2022-02-17 | Ceased 2022-03-19 |
| Ot Developments | Corporate entity | Shares 50–75% | 2020-02-05 | Ceased 2022-02-17 |
| Kingdom Energy Limited | Corporate entity | Shares 50–75% | 2020-02-05 | Ceased 2022-02-17 |
| Kingdom Energy Limited | Corporate entity | Shares 25–50% | 2020-01-10 | Ceased 2020-02-03 |
| Suncore Uk Limited | Corporate entity | Shares 50–75%, Voting 50–75% | 2019-10-25 | Ceased 2020-01-10 |
| Ot Developments Limited | Corporate entity | Shares 50–75% (as firm), Voting 50–75% (as firm) | 2018-11-23 | Ceased 2020-02-05 |
Filing timeline
Last 20 of 91 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-06-05 CERTNM Certificate change of name company PDF
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-05 | AA | accounts | Accounts with accounts type full | |
| 2026-04-07 | TM01 | officers | Termination director company with name termination date | |
| 2026-03-16 | CH01 | officers | Change person director company with change date | |
| 2026-03-04 | AP01 | officers | Appoint person director company with name date | |
| 2025-12-05 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-11-19 | AD02 | address | Change sail address company with old address new address | |
| 2025-11-19 | AD04 | address | Move registers to registered office company with new address | |
| 2025-06-30 | AA | accounts | Accounts with accounts type full | |
| 2025-06-05 | CERTNM | change-of-name | Certificate change of name company | |
| 2025-03-21 | AP04 | officers | Appoint corporate secretary company with name date | |
| 2025-02-19 | CH01 | officers | Change person director company with change date | |
| 2025-01-09 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-01-09 | AP01 | officers | Appoint person director company with name date | |
| 2025-01-08 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-01-08 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-01-08 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-01-08 | AP01 | officers | Appoint person director company with name date | |
| 2025-01-08 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-01-08 | TM01 | officers | Termination director company with name termination date | |
| 2024-11-22 | CS01 | confirmation-statement | Confirmation statement with updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 0
- Officers appointed
- 1
- 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.