ADVANCED ELECTRICITY NETWORKS LIMITED
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Cash
£671k
-66% vs 2025
Net assets
£6.1m
+56.9% vs 2025
Employees
15
+66.7% vs 2025
Profit before tax
-£777k
+9.3% vs 2025
Net assets
2-year trend · vs Utilities median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31
| Metric | Trend | 2025-03-31 | 2026-03-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £20,000 | £479,000 | +2,295% | |
| Operating profit | -£877,000 | -£777,000 | +11.4% | |
| Profit before tax | -£857,000 | -£777,000 | +9.3% | |
| Net profit | -£857,000 | -£777,000 | +9.3% | |
| Cash | £1,975,000 | £671,000 | -66% | |
| Total assets less current liabilities | £3,906,000 | £6,129,000 | +56.9% | |
| Net assets | £3,906,000 | £6,129,000 | +56.9% | |
| Equity | — | — | — | |
| Average employees | 9 | 15 | +66.7% | |
| Wages | £865,000 | £1,291,000 | +49.2% | |
| Directors' remuneration | £238 | £456 | +91.6% | |
| Directors' pension contributions | £9 | £18 | +100% | |
| Highest paid director | £233 | £252 | +8.2% |
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 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|
| Operating margin | — | -162.2% | |
| Net margin | — | -162.2% | |
| Return on capital employed | -22.5% | -12.7% |
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. 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
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- S&W Audit
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“On this basis, the directors consider it appropriate to prepare the financial statements on a going concern basis.”
Significant events
- “On 30 June 2026, one £1 ordinary share was issued for consideration of £500k, and on 1 July 2026 one £1 ordinary share was issued for consideration of £250k.”
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 |
|---|---|---|---|---|
| BLINCOW, Andrew Duncan | Director | 2024-02-09 | Apr 1969 | British |
| HARPLEY, Richard Martin | Director | 2024-02-09 | Jan 1958 | British |
| MCDONALD, David Thomas | Director | 2025-03-12 | Dec 1980 | British |
| MIGHALL, Robert | Director | 2025-11-12 | May 1971 | British |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DORE, Christopher | Director | 2023-02-13 | 2024-02-09 |
| HINE, Michael David | Director | 2023-02-13 | 2024-02-09 |
| MARTIN, Alan Christopher | Director | 2023-02-13 | 2024-07-25 |
| MCDONALD, David Thomas | Director | 2023-02-13 | 2024-02-09 |
| MORRIS, Michael Thomas | Director | 2024-07-25 | 2025-11-12 |
| MORRIS, Michael Thomas | Director | 2023-02-13 | 2024-02-09 |
| TOPPING, David Graham | Director | 2023-02-13 | 2024-02-09 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Advanced Utility Asset Networks Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2023-03-24 | Active |
| Advanced Utility Networks Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2023-02-13 | Ceased 2023-03-24 |
Filing timeline
Last 20 of 45 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-03-09 RESOLUTIONS Resolution
- 2026-03-09 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-28 | AA | accounts | Accounts with accounts type full | |
| 2026-08-24 | SH01 | capital | Capital allotment shares | |
| 2026-07-29 | SH01 | capital | Capital allotment shares | |
| 2026-07-29 | SH01 | capital | Capital allotment shares | |
| 2026-04-08 | SH01 | capital | Capital allotment shares | |
| 2026-03-25 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-03-25 | RP01AP01 | officers | Replacement filing of director appointment with name | |
| 2026-03-09 | RESOLUTIONS | resolution | Resolution | |
| 2026-03-09 | MA | incorporation | Memorandum articles | |
| 2026-02-24 | SH01 | capital | Capital allotment shares | |
| 2025-11-24 | AP01 | officers | Appoint person director company with name date | |
| 2025-11-24 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-22 | SH01 | capital | Capital allotment shares | |
| 2025-07-23 | AA | accounts | Accounts with accounts type small | |
| 2025-04-30 | AP01 | officers | Appoint person director company with name date | |
| 2025-03-04 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-03-03 | CH01 | officers | Change person director company with change date | |
| 2025-03-03 | CH01 | officers | Change person director company with change date | |
| 2025-02-14 | SH01 | capital | Capital allotment shares | |
| 2025-01-27 | SH01 | capital | Capital allotment shares |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 13
- Capital events
- 8
- 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.