PLUG POWER UK LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-01-03 (in 8mo)
Last made up 2025-12-20
Watchouts
None on the register
Cash
£6K
Latest balance sheet
Net assets
£48K
Equity attributable
Employees
15
Average over period
Profit before tax
£55K
Period ending 2024-12-31
Profit before tax
1-year trend · vs Basic Materials median
Accounts
1-year trend · latest reflected 2024-12-31
| Metric | Trend | 2024-12-31 |
|---|---|---|
| Turnover | £1,188,903 | |
| Operating profit | £54,771 | |
| Profit before tax | £54,771 | |
| Net profit | £48,185 | |
| Cash | £6,028 | |
| Total assets less current liabilities | £48,186 | |
| Net assets | — | |
| Equity | £48,186 | |
| Average employees | 15 | |
| Wages | £915,798 | |
| 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. About these numbers
Year-on-year
Latest filed period vs the prior one
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-12-31 |
|---|---|---|
| Operating margin | 4.6% | |
| Net margin | 4.1% | |
| Return on capital employed | 113.7% | |
| Current ratio | 2.38x |
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.
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Azets Audit Services
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The company is dependent on the continuing financial support of its parent company, Plug Power Inc. The directors have received confirmation that such support will continue for at least 12 months from the date of approval of these financial statements. On this basis, the directors consider it appropriate to prepare the financial statements on a going concern basis.”
Significant events
- “In March 2025, the Group announced a broader restructuring initiative, aimed at reducing annual expenses by $150 million to $200 million. As part of this initiative, Plug Power UK will reduce its workforce by approximately 10%, through a combination of involuntary and natural attrition.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HAYCRAFT, Benjamin Toby Patrick | Director | 2023-12-21 | Oct 1985 | French |
| OBERTHUR, Edouard Jean Frédéric | Director | 2026-03-25 | Feb 1983 | French |
| VAN ERVEN, Jeroen Jacobus Maria | Director | 2023-12-21 | Apr 1966 | Dutch |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| SHRESTHA, Sanjay | Director | 2023-12-21 | 2026-01-14 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Plug Power Inc | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2023-12-21 | Active |
Filing timeline
Last 9 of 9 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-25 | AP01 | officers | Appoint person director company with name date | |
| 2026-03-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-03-11 | CH01 | officers | Change person director company with change date | |
| 2026-02-27 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-19 | AA | accounts | Accounts with accounts type full | |
| 2025-02-03 | AD03 | address | Move registers to sail company with new address | |
| 2025-02-03 | AD02 | address | Change sail address company with new address | |
| 2025-01-31 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-12-21 | NEWINC | incorporation | Incorporation company |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- 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.