ADE POWER LIMITED
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Cash
£1.5M
-2.7% vs 2024
Net assets
£11M
+12.7% highest in 3 filed years
Employees
192
-20% lowest in 3 filed years
Profit before tax
£1.4M
-26.6% vs 2024
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £45,511,000 | £42,974,000 | £34,869,000 | -18.9% | |
| Operating profit | £552,000 | £2,019,000 | £1,494,000 | -26% | |
| Profit before tax | £464,000 | £1,933,000 | £1,419,000 | -26.6% | |
| Net profit | £724,000 | £2,085,000 | £1,273,000 | -38.9% | |
| Cash | £826,000 | £1,554,000 | £1,512,000 | -2.7% | |
| Total assets less current liabilities | £8,161,000 | £11,027,000 | £11,409,000 | +3.5% | |
| Net assets | £7,961,000 | £10,046,000 | £11,319,000 | +12.7% | |
| Equity | £7,961,000 | £10,046,000 | £11,319,000 | +12.7% | |
| Average employees | 255 | 240 | 192 | -20% | |
| Wages | £11,178,000 | £10,841,000 | £9,500,000 | -12.4% | |
| 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 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 1.2% | 4.7% | 4.3% | |
| Net margin | 1.6% | 4.9% | 3.7% | |
| Return on capital employed | 6.8% | 18.3% | 13.1% | |
| Current ratio | 1.13x | 1.58x | 1.54x | |
| Interest cover | 6.27x | 23.48x | 19.92x |
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.
Name history
Renamed 1 time since incorporation
- ADE POWER LIMITED 2021-07-12 → present
- ADVANCED DIESEL ENGINEERING LIMITED 1997-08-13 → 2021-07-12
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Cooper Parry Group Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Significant events
- “There is a strong order book for the future which will maintain the company's position as the market leader of bespoke generator enclosure units.”
- “During the year the company has been heavily focused on further developing customer, supplier and employee engagement to ensure that business continuity continues and that the relationships formed enhance the company's immediate and future business model.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 14 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| STIBBS, David Michael | Secretary | 2024-11-26 | — | — |
| CHAMPION DE CRESPIGNY, Stuart James | Director | 2021-04-16 | Sep 1980 | Australian |
| STIBBS, David Michael | Director | 2025-10-23 | Oct 1979 | British |
Show 14 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ROBER, Gustav | Secretary | 2021-04-16 | 2024-11-26 |
| ROBSON, Darren | Secretary | 1997-08-14 | 2021-04-16 |
| WHITE ROSE FORMATIONS LIMITED | Corporate Nominee Secretary | 1997-08-13 | 1997-08-14 |
| BILLINGSLEY, Philip David | Director | 2012-01-17 | 2021-04-16 |
| CHAMPION DE CRESPIGNY, Melanie Grace | Director | 2021-05-21 | 2022-12-07 |
| GLASSBURN, Christa | Director | 2021-04-16 | 2024-09-26 |
| HAMWAY, Nigel Jonathon | Director | 2024-09-30 | 2025-10-23 |
| MAGILOCCO, John | Director | 2003-01-30 | 2005-08-01 |
| MCLINTOCK, Stephen | Director | 2021-04-29 | 2022-06-28 |
| ROBER, Gustav Alexander | Director | 2021-04-16 | 2024-11-26 |
| ROBSON, Caroline | Director | 2009-03-01 | 2012-01-17 |
| ROBSON, Darren | Director | 1997-08-13 | 2021-04-16 |
| ROBSON, Lee | Director | 1997-08-13 | 2021-04-16 |
| WARD, Peter Donald | Director | 2003-01-30 | 2005-06-10 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Pbe Group Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-04-16 | Active |
| Mr Darren Robson | Individual | Shares 50–75%, Voting 50–75% | 2016-04-06 | Ceased 2021-04-16 |
| Mr Lee Robson | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2021-04-16 |
Filing timeline
Last 20 of 130 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-20 | AA | accounts | Accounts with accounts type full | |
| 2025-11-13 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-31 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-18 | ANNOTATION | miscellaneous | Legacy | |
| 2025-08-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-24 | AA | accounts | Accounts with accounts type full | |
| 2025-06-11 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-06-11 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-06-11 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-12-02 | AP03 | officers | Appoint person secretary company with name date | |
| 2024-12-02 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-02 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-11-21 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-10-04 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-04 | TM01 | officers | Termination director company with name termination date | |
| 2024-08-20 | AA | accounts | Accounts with accounts type full | |
| 2024-08-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-08-10 | AA | accounts | Accounts with accounts type full | |
| 2022-12-12 | TM01 | officers | Termination director company with name termination date |
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.