BASILDON BESS LIMITED
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Cash
£623k
Latest balance sheet
Net assets
-£4.9m
-11,753.7% lowest in 3 filed years
Employees
0
Average over period
Profit before tax
-£4.8m
-17,748.1% lowest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
The Company is currently subject to a formal sale process. The outcome and timing of any transaction remain subject to commercial negotiation and cannot be determined with certainty at the date of approval of these financial statements. As a result, the Directors have determined that this results in a material uncertainty that may cast significant doubt on the Company's ability to continue as a going concern.
-
Going-concern uncertainty disclosed
-
Negative shareholders' funds
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 | 2026-03-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | — | — | £2,594,000 | — | |
| Operating profit | -£8,000 | -£27,000 | -£4,358,000 | -16,040.7% | |
| Profit before tax | -£8,000 | -£27,000 | -£4,819,000 | -17,748.1% | |
| Net profit | -£8,000 | -£27,000 | -£4,819,000 | -17,748.1% | |
| Cash | — | — | £623,000 | — | |
| Total assets less current liabilities | £463,000 | £429,000 | — | — | |
| Net assets | -£14,000 | -£41,000 | -£4,860,000 | -11,753.7% | |
| Equity | -£14,000 | -£41,000 | -£4,860,000 | -11,753.7% | |
| Average employees | 0 | 0 | 0 | — | |
| 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 | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|
| Operating margin | — | — | -168.0% | |
| Net margin | — | — | -185.8% | |
| Return on capital employed | -1.7% | -6.3% | — | |
| Gearing (liabilities / total assets) | 100.2% | 100.2% | 127.3% | |
| Current ratio | 0.13x | 0.16x | 0.08x | |
| Interest cover | — | — | -9.37x |
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. Sector-distribution context coming next.
Name history
Renamed 1 time since incorporation
- BASILDON BESS LIMITED 2023-03-27 → present
- CEDAR TECH DEVELOPMENTS LTD 2020-06-29 → 2023-03-27
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“The Company is currently subject to a formal sale process. The outcome and timing of any transaction remain subject to commercial negotiation and cannot be determined with certainty at the date of approval of these financial statements. As a result, the Directors have determined that this results in a material uncertainty that may cast significant doubt on the Company's ability to continue as a going concern.”
Significant events
- “On 10 July 2025, the Basildon battery energy storage system successfully commenced commercial operations.”
- “After the reporting date, the Company's sole shareholder entered into an exclusivity arrangement in connection with the proposed sale of the entire issued share capital of the Company. As at the date of approval of these financial statements, the transaction had not yet concluded.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ABOU-SABA, Elias | Director | 2025-09-01 | Sep 1988 | Australian |
| MCLEOD, Christopher James | Director | 2025-09-01 | May 1987 | British |
| OFFORD, Heather Anne | Director | 2023-09-14 | Jun 1990 | British |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BANHAM, Georgette Pearl, Dr | Director | 2023-09-14 | 2025-09-01 |
| DUKE, Michael | Director | 2020-06-29 | 2020-06-29 |
| JOSE, Lee Edward | Director | 2020-06-29 | 2022-11-28 |
| MORRISON, Christopher Howard | Director | 2022-11-28 | 2023-09-14 |
| READ, Christopher John | Director | 2022-11-28 | 2025-02-11 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Macquire Infrastructure And Real Assets (Europe) Limited | Corporate entity | Significant influence | 2022-11-28 | Ceased 2023-09-04 |
| Eku Energy Projects (Uk) Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2022-11-28 | Active |
| Macquire Infrastructure And Real Assets (Europe) Limited | Corporate entity | Significant influence | 2022-11-07 | Active |
| Ljc Holdings Ltd | Corporate entity | Shares 25–50%, Voting 25–50%, Appoints directors | 2021-03-16 | Ceased 2022-11-28 |
| Mr Lee Edward Jose | Individual | Shares 25–50% | 2021-03-16 | Ceased 2021-03-16 |
| S.O.N.O.S Investments Ltd | Corporate entity | Shares 25–50%, Voting 25–50%, Appoints directors | 2020-07-03 | Ceased 2022-11-28 |
| Parrish Investments Ltd | Corporate entity | Shares 25–50%, Voting 25–50%, Appoints directors | 2020-06-29 | Ceased 2022-11-28 |
| Woodberry Secretarial Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2020-06-29 | Ceased 2020-06-29 |
Filing timeline
Last 20 of 70 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-03 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-08-28 | AA | accounts | Accounts with accounts type full | |
| 2026-08-19 | TM01 | officers | Termination director company with name termination date | |
| 2026-08-19 | TM01 | officers | Termination director company with name termination date | |
| 2026-08-19 | TM01 | officers | Termination director company with name termination date | |
| 2026-08-19 | AP01 | officers | Appoint person director company with name date | |
| 2026-08-19 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2026-08-19 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2026-08-19 | AP04 | officers | Appoint corporate secretary company with name date | |
| 2026-08-19 | AP01 | officers | Appoint person director company with name date | |
| 2026-08-19 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2026-08-19 | AD01 | address | Change registered office address company with date old address new address | |
| 2026-08-06 | RP01SH01 | miscellaneous | Legacy | |
| 2026-08-04 | RP01SH01 | miscellaneous | Legacy | |
| 2026-07-07 | SH01 | capital | Capital allotment shares | |
| 2026-03-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-19 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-19 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-18 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-16 | AD01 | address | Change registered office address company with date old address new address |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 20
- Capital events
- 1
- Officers appointed
- 2
- 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.