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Cash

£3.1M

+62.5% highest in 3 filed years

Net assets

£10M

-15.9% lowest in 3 filed years

Employees

38

+15.2% highest in 3 filed years

Profit before tax

-£1.6M

+79.9% vs 2023

Accounts

3-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31

Metric Trend 2022-12-312023-12-312024-12-31 Δ vs prior
Turnover £16,730,249£21,623,427£24,649,611 +14%
Operating profit -£991,291-£7,318,404-£1,228,889 +83.2%
Profit before tax -£1,180,047-£7,809,586-£1,571,944 +79.9%
Net profit -£7,957,451-£1,849,726 +76.8%
Cash £1,569,830£1,925,762£3,129,602 +62.5%
Total assets less current liabilities £20,186,510£12,377,517£10,411,073 -15.9%
Net assets £20,121,354£12,263,462£10,314,177 -15.9%
Equity £20,121,354£12,263,462£10,314,177 -15.9%
Average employees 323338 +15.2%
Wages £1,895,499£2,387,578 +26%
Directors' remuneration £137,867£139,854 +1.4%

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 2022-12-312023-12-312024-12-31
Operating margin -5.9%-33.8%-5.0%
Net margin -36.8%-7.5%
Return on capital employed -4.9%-59.1%-11.8%
Current ratio 0.68x0.79x
Interest cover -5.25x-14.35x-3.58x

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

  1. ACCELLERON UK LTD 2025-04-23 → present
  2. TURBOCHARGING UK LIMITED 2021-07-29 → 2025-04-23

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
Rödl & Partner Limited
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The Company's management has made an assessment of the Company's ability to continue as a going concern and is satisfied that the Company has sufficient resources to continue in business for the foreseeable future. The financial statements have been prepared on the going concern basis, which contemplates the realisation of assets and the settlement of liabilities in the ordinary course of business.”

Significant events

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

People

4 active · 3 resigned

Name Role Appointed Born Nationality
SRINIVASA, Ramdil Secretary 2022-08-11
BLUMENTRITT, Maik Stephan Director 2022-08-11 Feb 1980 Swiss
MADELEY, Sophie Ann Director 2021-07-29 Apr 1970 British
SCHWARZ, Roland Director 2022-08-11 Dec 1969 Swiss
Show 3 resigned officers
Name Role Appointed Resigned
MAC LEAN, Victoria Ann Secretary 2021-07-29 2022-08-11
HARMIGNIE, Paul Director 2022-08-11 2026-02-28
HUGHES, David John Director 2021-07-29 2022-08-11

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Abb Ltd Corporate entity Shares 75–100%, Appoints directors 2021-08-24 Ceased 2021-08-24
Accelleron Switzerland Ltd Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors, Significant influence (as firm) 2021-08-24 Active
Abb Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2021-07-29 Ceased 2021-08-24

Filing timeline

Last 20 of 28 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2025-04-23 CERTNM Certificate change of name company PDF
Date Type Category Description
2026-03-20 TM01 officers Termination director company with name termination date PDF
2025-10-02 AA accounts Accounts with accounts type full
2025-06-19 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-05-22 AAMD accounts Accounts amended with accounts type full
2025-04-23 CERTNM change-of-name Certificate change of name company PDF
2025-04-22 PSC05 persons-with-significant-control Change to a person with significant control PDF
2025-04-15 PSC02 persons-with-significant-control Notification of a person with significant control PDF
2025-04-14 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2024-09-23 AA accounts Accounts with accounts type total exemption full PDF
2024-05-01 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-10-11 AA accounts Accounts with accounts type full
2023-08-10 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-05-12 CH01 officers Change person director company with change date PDF
2022-09-23 AP03 officers Appoint person secretary company with name date PDF
2022-08-16 AP01 officers Appoint person director company with name date PDF
2022-08-16 TM01 officers Termination director company with name termination date PDF
2022-08-16 TM02 officers Termination secretary company with name termination date PDF
2022-08-15 AP01 officers Appoint person director company with name date PDF
2022-08-15 AP01 officers Appoint person director company with name date PDF
2022-08-12 CS01 confirmation-statement Confirmation statement with updates PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
2

last 12 months

Capital events
0

last 24 months

Officers appointed
0

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