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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-07-05 (in 2mo)

Last made up 2025-06-21

Watchouts

1 item

Cash

£7M

Latest balance sheet

Net assets

£6M

+966.2% vs 2023

Employees

3

0% vs 2023

Profit before tax

-£11K

+94.6% vs 2023

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Accounts

2-year trend · latest reflected 2024-12-31

Metric Trend 2023-12-312024-12-31
Turnover £12,219
Operating profit -£174,293-£160,560
Profit before tax -£208,344-£11,154
Net profit -£200,342£152,067
Cash £6,892,941
Total assets less current liabilities £473,348£9,378,080
Net assets -£688,505£5,963,562
Equity -£688,505£5,963,562
Average employees 33
Wages
Directors' remuneration £17,623£23,408

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

Year-on-year

FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31

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

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2023-12-312024-12-31
Return on capital employed -36.8%-1.7%
Gearing (liabilities / total assets) 137.8%48.3%
Current ratio 0.01x3.69x
Interest cover -5.12x-6.63x

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
IFRS
Reporting scope
Standalone (parent only)
Auditor
PricewaterhouseCoopers LLP
Audit opinion
Unqualified (clean)
Going concern
Material uncertainty disclosed

“The going concern assessment of the Company is therefore subject to uncertainties relating to the potential change in ownership of the Company and the actual funding requirements and financing arrangements post completion as the existing parental support is not expected to continue.”

Significant events

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

People

4 active · 7 resigned

Name Role Appointed Born Nationality
TURNER, Christopher James Secretary 2023-04-28
GHEORGHIU-CURRIE,, Alina Director 2024-01-08 Feb 1979 American
MAGUIRE, Andrew Eoghan Director 2025-04-03 Jul 1983 Irish
SEARLE, Paul Director 2025-12-19 Jun 1979 British
Show 7 resigned officers
Name Role Appointed Resigned
HOLGATE, Jennifer Kate Secretary 2021-08-16 2022-07-20
ANGERMAIER, Philipp Maximilian Director 2023-06-01 2025-12-19
CARTER, Neil Director 2023-03-29 2023-07-24
PATEL, Bhavya Jayeshbhai Director 2021-06-03 2025-04-26
REYNOLDS, Michael James Director 2020-03-09 2021-06-03
RODRIGUEZ COBAS, Adriana Natalia Director 2020-03-09 2021-06-03
SCOTT, Joseph David Director 2021-06-03 2023-05-17

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Vattenfall Heat Uk Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2020-03-09 Active

Filing timeline

Last 20 of 31 total filings

Date Type Category Description
2025-12-23 AP01 officers Appoint person director company with name date PDF
2025-12-23 TM01 officers Termination director company with name termination date PDF
2025-11-24 AA accounts Accounts with accounts type full
2025-07-05 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-04-28 TM01 officers Termination director company with name termination date PDF
2025-04-08 AP01 officers Appoint person director company with name date PDF
2024-11-29 AA accounts Accounts with accounts type full
2024-06-22 CS01 confirmation-statement Confirmation statement with updates PDF
2024-06-21 SH01 capital Capital allotment shares PDF
2024-04-02 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-01-13 AP01 officers Appoint person director company with name date PDF
2023-07-25 AA accounts Accounts with accounts type full
2023-07-25 TM01 officers Termination director company with name termination date PDF
2023-06-01 AP01 officers Appoint person director company with name date PDF
2023-05-18 TM01 officers Termination director company with name termination date PDF
2023-05-10 AP03 officers Appoint person secretary company with name date PDF
2023-03-31 AP01 officers Appoint person director company with name date PDF
2023-03-31 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-10-21 AA accounts Accounts with accounts type full
2022-07-21 TM02 officers Termination secretary company with name termination date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
4

last 12 months

Capital events
1

last 24 months

Officers appointed
1

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.

Official Companies House page