BORDERSLEY POWER LTD
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Cash
£2.5k
+5,740.5% vs 2024
Net assets
-£396k
-13.8% vs 2024
Employees
3
Average over period
Profit before tax
-£48k
-5.7% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
The directors have concluded that as the Company is reliant on the parent for continued financial support and as this support is not guaranteed, there exists a material uncertainty that casts significant doubt upon the Company's ability to continue as a going concern
-
Going-concern uncertainty disclosed
-
Negative shareholders' funds
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 | — | — | — | |
| Operating profit | -£15,967 | -£17,545 | -9.9% | |
| Profit before tax | -£45,276 | -£47,865 | -5.7% | |
| Net profit | -£45,276 | -£47,865 | -5.7% | |
| Cash | £42 | £2,453 | +5,740.5% | |
| Total assets less current liabilities | -£6,758 | -£29,471 | -336.1% | |
| Net assets | -£347,907 | -£395,772 | -13.8% | |
| Equity | — | — | — | |
| Average employees | — | 3 | — | |
| Wages | — | — | — | |
| Directors' remuneration | — | — | — |
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 |
|---|---|---|---|
| Gearing (liabilities / total assets) | 785.5% | 580.4% | |
| Current ratio | 0.04x | 0.04x | |
| Interest cover | -0.54x | -0.58x |
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.
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- Parker Russell UK LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“The directors have concluded that as the Company is reliant on the parent for continued financial support and as this support is not guaranteed, there exists a material uncertainty that casts significant doubt upon the Company's ability to continue as a going concern”
Significant events
- “On 9 March 2026 Quantum Data Energy PLC ('QDE') signed a binding definitive investment agreement with Power Balancing Services Ltd ('PBS'). Under the Investment Agreement PBS received an equity interest in the Company of 65% in exchange for their investment, and QDE retained a 35% equity interest.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| AIKEN, John | Secretary | 2026-03-06 | — | — |
| KRUGEL, Pieter-Schalk | Director | 2019-06-26 | May 1985 | South African |
| LEACH, Andrew | Director | 2026-03-06 | Nov 1959 | British |
| TITTLEY, Paul | Director | 2026-03-06 | Apr 1982 | British |
| VENTER, Paulus Fillippus | Director | 2021-09-16 | Dec 1952 | British |
| WHITE, Graham Edward | Director | 2026-03-06 | Jun 1969 | British |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| O'KEEFFE, Noel Flannan | Secretary | 2019-07-31 | 2026-03-06 |
| COETZEE, Louis Lodewyk | Director | 2019-06-26 | 2021-09-16 |
| THOMPSON, Philip Glen | Director | 2019-03-20 | 2019-06-26 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Power Balancing Services Limited | Corporate entity | Shares 50–75%, Voting 50–75%, Appoints directors | 2026-03-06 | Active |
| Mast Energy Developments Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2019-08-01 | Ceased 2019-08-01 |
| Sloane Developments Limited | Corporate entity | Shares 25–50%, Voting 25–50%, Appoints directors | 2019-08-01 | Active |
| Balance Power Projects Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2019-03-20 | Ceased 2019-07-31 |
Filing timeline
Last 20 of 56 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-03-23 RESOLUTIONS Resolution
- 2026-03-23 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-23 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-09-15 | AA | accounts | Accounts with accounts type full | |
| 2026-05-27 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-05-06 | AD01 | address | Change registered office address company with date old address new address | |
| 2026-03-23 | RESOLUTIONS | resolution | Resolution | |
| 2026-03-23 | MA | incorporation | Memorandum articles | |
| 2026-03-23 | SH10 | capital | Capital variation of rights attached to shares | |
| 2026-03-23 | SH08 | capital | Capital name of class of shares | |
| 2026-03-12 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2026-03-12 | SH01 | capital | Capital allotment shares | |
| 2026-03-12 | TM02 | officers | Termination secretary company with name termination date | |
| 2026-03-12 | AP03 | officers | Appoint person secretary company with name date | |
| 2026-03-12 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2026-03-12 | AP01 | officers | Appoint person director company with name date | |
| 2026-03-12 | AP01 | officers | Appoint person director company with name date | |
| 2026-03-12 | AP01 | officers | Appoint person director company with name date | |
| 2026-03-12 | AD01 | address | Change registered office address company with date old address new address | |
| 2026-03-06 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-02-25 | MR05 | mortgage | Mortgage charge whole release with charge number | |
| 2025-10-03 | PSC05 | persons-with-significant-control | Change to a person with significant control |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 20
- Capital events
- 3
- Officers appointed
- 4
- 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.