SPHERE ENERGY CONNECT LIMITED
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Cash
—
Latest balance sheet
Net assets
-£1.1m
Equity attributable
Employees
—
Average over period
Profit before tax
-£1.1m
Period ending 2025-12-31
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Negative shareholders' funds
Net assets
2-year trend · vs Utilities median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | — | — | — | |
| Operating profit | — | -£1,067,978 | — | |
| Profit before tax | — | -£1,068,748 | — | |
| Net profit | — | -£1,068,555 | — | |
| Cash | — | — | — | |
| Total assets less current liabilities | £1 | -£1,068,554 | — | |
| Net assets | — | -£1,068,554 | — | |
| Equity | £1 | — | — | |
| Average employees | — | — | — | |
| 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 —. Year-on-year comparison hidden: this filing covers about 12 months versus 6 months prior. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-12-31 | 2025-12-31 |
|---|---|---|---|
| Gearing (liabilities / total assets) | — | 3620.4% | |
| Current ratio | — | 0.03x |
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
- Dains Audit (Scotland) Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Consequently, the directors are confident that the company will have sufficient funds to continue to meet its liabilities as they fall due for at least one year from the date of the approval of the financial statements and therefore have prepared the financial statements on a going concern basis.”
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 |
|---|---|---|---|---|
| KEENAN, Olivia Catherine | Secretary | 2026-01-06 | — | — |
| FAIRLIE, Helen | Director | 2024-06-27 | Aug 1976 | British |
| LYONS, Laura Jane | Director | 2026-01-06 | Aug 1980 | British |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| GRAHAM, Steven | Secretary | 2024-06-27 | 2026-01-06 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Scottish Power Uk Plc | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2024-06-27 | Active |
Filing timeline
Last 9 of 9 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-27 | AA | accounts | Accounts with accounts type full | |
| 2026-06-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-01-07 | AP03 | officers | Appoint person secretary company with name date | |
| 2026-01-07 | TM02 | officers | Termination secretary company with name termination date | |
| 2026-01-07 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-04 | AA | accounts | Accounts with accounts type full | |
| 2024-12-10 | AA01 | accounts | Change account reference date company current shortened | |
| 2024-06-27 | NEWINC | incorporation | Incorporation company |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 2
- 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.