GALILEO EMPOWER RENEWABLES LIMITED
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Cash
£126K
Latest balance sheet
Net assets
-£553K
Equity attributable
Employees
0
Average over period
Profit before tax
-£553K
Period ending 2025-03-31
Net assets
2-year trend · vs Utilities median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2025-03-31
| Metric | Trend | 2024-02-23 | 2025-03-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | — | — | — | |
| Operating profit | — | -£501,950 | — | |
| Profit before tax | — | -£553,153 | — | |
| Net profit | — | -£553,153 | — | |
| Cash | — | £125,589 | — | |
| Total assets less current liabilities | — | -£553,152 | — | |
| Net assets | — | -£553,152 | — | |
| Equity | — | -£553,152 | — | |
| Average employees | 0 | 0 | — | |
| Wages | — | — | — | |
| 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. 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 | 2024-02-23 | 2025-03-31 |
|---|---|---|---|
| Current ratio | — | 0.64x | |
| Interest cover | — | -9.61x |
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)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- Grant Thornton
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have prepared the financial statements on a going concern basis, the validity of this depends upon the continuous financial support of the ultimate parent company who have confirmed that they will not seek repayment of amounts owed until the Company has sufficient funds.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MAYE, Eithne | Secretary | 2024-02-24 | — | — |
| DOWSE, Claire Catherine | Director | 2024-02-24 | Dec 1978 | Scottish |
| MCLOUGHLIN, Marc | Director | 2024-02-24 | Dec 1978 | Irish |
| PAUL, Robert William John | Director | 2024-02-24 | Jul 1977 | British |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Galileo Empower Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2024-02-24 | Active |
Filing timeline
Last 7 of 7 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-25 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-10-02 | AA | accounts | Accounts with accounts type full | |
| 2025-05-20 | CH01 | officers | Change person director company with change date | |
| 2025-05-12 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-03-09 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-06-03 | AA01 | accounts | Change account reference date company current extended | |
| 2024-02-24 | NEWINC | incorporation | Incorporation company |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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.