NEXTPOWER RUTHERGLEN LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-09-29 (in 4mo)
Last made up 2025-09-15
Watchouts
Cash
—
Latest balance sheet
Net assets
-£210K
lowest in 4 filed years
Employees
0
Average over period
Profit before tax
£504K
Period ending 2024-12-31
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
4-year trend · vs Industrials median
Accounts
4-year trend · latest reflected 2024-12-31
| Metric | Trend | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2024-12-31 |
|---|---|---|---|---|---|
| Turnover | — | — | — | — | |
| Operating profit | — | — | -£62,974 | -£77,901 | |
| Profit before tax | — | — | -£357,887 | £504,309 | |
| Net profit | -£27,735 | — | -£357,887 | £504,309 | |
| Cash | £3,698 | — | £286 | — | |
| Total assets less current liabilities | £333,140 | -£48,979 | -£111,953 | -£209,977 | |
| Net assets | -£26,860 | -£48,979 | -£111,953 | -£209,977 | |
| Equity | -£26,860 | -£48,979 | -£111,953 | -£209,977 | |
| Average employees | 0 | 0 | 0 | 0 | |
| Wages | — | — | — | — | |
| Directors' remuneration | — | — | £0 | £0 |
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
FY2024 → FY2024 · period ending 2024-12-31 vs 2024-03-31
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2024-12-31 |
|---|---|---|---|---|---|
| Return on capital employed | — | — | 56.3% | 37.1% | |
| Current ratio | — | — | 0.08x | 0.05x | |
| Interest cover | — | — | -0.21x | -0.85x |
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
- NEXTPOWER RUTHERGLEN LIMITED 2025-06-05 → present
- GLASGOW POWER LIMITED 2021-09-16 → 2025-06-05
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- KPMG Channel Islands Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors believe that the Company is well placed to manage its business risks successfully. Given continued financial support from parent company, NextPower UK Holdco Limited, directors have reasonable expectation that Company has adequate resources to continue in operational existence for foreseeable future. Confirmed financial support for >12 months.”
Significant events
- “On 5 June 2025, the Company changed its name to NextPower Rutherglen Limited.”
- “On 13 November 2024, the shareholding of the Company was transferred from Cambridge Power Limited to NextPower UK Holdco Limited.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| LAGGAN SECRETARIES LIMITED | Corporate Secretary | 2024-11-13 | — | — |
| CORAZZA, Enrico | Director | 2024-11-13 | Mar 1978 | Italian |
| TENDERINI, Filippo | Director | 2026-03-01 | Mar 1968 | Italian |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BUXTON, Aubrey James Francis | Director | 2024-07-12 | 2024-11-13 |
| DIX, James Scott | Director | 2022-03-22 | 2024-07-31 |
| HANGLIN, Giles Spencer Ian | Director | 2021-12-01 | 2024-03-28 |
| PLUMB, Ian Colin | Director | 2021-09-16 | 2022-12-12 |
| STANTON, Richard Barrington | Director | 2021-09-16 | 2024-11-13 |
| STANTON, William Robert | Director | 2021-09-16 | 2024-11-13 |
| VAUGHAN, Sulwen | Director | 2024-11-13 | 2026-03-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Nextpower Uk Holdco Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2024-11-13 | Active |
| Cambridge Power Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2022-12-12 | Ceased 2024-11-13 |
| William Robert Stanton | Individual | Shares 25–50%, Voting 25–50% | 2021-09-16 | Ceased 2022-12-12 |
Filing timeline
Last 20 of 41 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-06-05 CERTNM Certificate change of name company PDF
- 2024-07-16 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-07 | TM01 | officers | Termination director company with name termination date | |
| 2026-03-16 | CH01 | officers | Change person director company with change date | |
| 2026-03-04 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-30 | AA | accounts | Accounts with accounts type full | |
| 2025-06-05 | CERTNM | change-of-name | Certificate change of name company | |
| 2025-02-14 | AP04 | officers | Appoint corporate secretary company with name date | |
| 2025-02-12 | AA01 | accounts | Change account reference date company previous shortened | |
| 2024-11-14 | TM01 | officers | Termination director company with name termination date | |
| 2024-11-14 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-11-14 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-11-14 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-11-14 | TM01 | officers | Termination director company with name termination date | |
| 2024-11-14 | TM01 | officers | Termination director company with name termination date | |
| 2024-11-14 | AP01 | officers | Appoint person director company with name date | |
| 2024-11-14 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-08-02 | AA | accounts | Accounts with accounts type total exemption full | |
| 2024-07-31 | TM01 | officers | Termination director company with name termination date | |
| 2024-07-16 | MA | incorporation | Memorandum articles |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- Officers appointed
- 1
- 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.