PIVOT POWER LIMITED

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

  +94,800%

  £1,000 → £949,000

• Net assets

  -32.7%

  -£2,224,000 → -£2,952,000

• Employees

  —

  Not reported

• Profit before tax

  -28.5%

  -£705,000 → -£906,000

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. Sector-distribution context coming next.

1. PIVOT POWER LIMITED 2019-06-05 → present
2. PIVOT POWER 1 LIMITED 2019-06-04 → 2019-06-05

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have prepared cash flow forecasts for a period of 12 months from the date of approval of these financial statements which indicate that, taking account of reasonably possible downsides, the Company will have sufficient funds to meet its liabilities as they fall due for that period. Those forecasts are dependent on the Company's immediate parent Company, EDF Energy Renewables Limited, providing additional financial support during that period. EDF Energy Renewables Limited has indicated its intention to continue to make available such funds as are needed by the Company for the period covered by the forecasts. As with any Company placing reliance on other group entities for financial support, the Directors acknowledge that there can be no certainty that this support will continue although, at the date of approval of these financial statements, they have no reason to believe that it will not do so.”

Group structure

1. PIVOT POWER LIMITED · parent
   1. Pivot Power (Holding) Limited 100% · England and Wales · Holding Company
   2. Pivoted Power LLP 99.99% · England and Wales · Development and construction of battery storage projects
   3. Pivot Power Wire Co. Limited 100% · England and Wales · Dormant Company
   4. Pivot Power Battery Co. Limited 100% · England and Wales · Dormant Company

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

Filings

3

last 12 months

Capital events

3

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.