TAE POWER SOLUTIONS LIMITED

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  Material uncertainty over going concern

  As at 25 December 2025 the group's liabilities exceeded its assets by £64,868,787. The group is financed by its ultimate parent company, and is dependent upon the continued support of the ultimate parent company and its investors. With this support, at the time of approving the financial statements, the directors have reasonable expectation that the group has adequate resources and funding in place to continue in operational existence for the foreseeable future and pay its liabilities as they fall due.

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  Going-concern uncertainty disclosed

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  Negative shareholders' funds

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

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.

1. TAE POWER SOLUTIONS LIMITED 2023-01-23 → present
2. GATTECHA LTD 2021-06-28 → 2023-01-23

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

TC Group, Statutory Auditor

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“As at 25 December 2025 the group's liabilities exceeded its assets by £64,868,787. The group is financed by its ultimate parent company, and is dependent upon the continued support of the ultimate parent company and its investors. With this support, at the time of approving the financial statements, the directors have reasonable expectation that the group has adequate resources and funding in place to continue in operational existence for the foreseeable future and pay its liabilities as they fall due.”

Group structure

1. TAE POWER SOLUTIONS LIMITED · parent
   1. TAE Power Solutions Engineering Limited 100% · England and Wales · Other professional, scientific and technical
   2. TAE Power Solutions Manufacturing Limited 100% · England and Wales · Manufacture of electrical and electronic equipment

Significant events

• “The investment in TAE Power Solutions Prague s.r.o was disposed of in year, due to the company being liquidated.”
• “Subsequent to the year end, the group received £5.6m funds on behalf of another group company, where it is acting as trustee for the funds until the company has a bank account set up. This is in relation to a joint venture to develop neutral beams for fusion and non-fusion applications, creating high-skilled jobs and establishing a critical supply chain, between TAE Technologies and UKAEA (UK Atomic Energy Authority).”

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

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

2

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.