ORACLE POWER PLC
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Cash
£697k
+12.6% highest in 3 filed years
Net assets
£6.8m
+0.9% highest in 3 filed years
Employees
—
Average over period
Profit before tax
-£570k
+19.9% highest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
During the year under review, the Group experienced net cash outflows from its operating activities which it financed from existing cash resources held at the start of the year and cash received from the issue of new equity share capital. The Directors have considered the cash flow requirements of the Group over the next 12 months and believe that additional funding will be required to meet the Group's cash requirements over that period. This additional cash requirement creates a material uncertainty that may cast significant doubt on the Company's ability to continue as a going concern.
-
Going-concern uncertainty disclosed
Net assets
3-year trend · vs Basic Materials 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 | — | — | — | — | |
| Operating profit | -£848,058 | -£730,119 | -£611,962 | +16.2% | |
| Profit before tax | -£789,795 | -£711,875 | -£570,233 | +19.9% | |
| Net profit | -£789,795 | -£711,875 | -£570,233 | +19.9% | |
| Cash | £203,526 | £619,197 | £697,085 | +12.6% | |
| Total assets less current liabilities | £6,316,257 | £6,786,766 | £6,848,321 | +0.9% | |
| Net assets | £6,316,257 | £6,786,766 | £6,848,321 | +0.9% | |
| Equity | £6,316,257 | £6,786,766 | £6,848,321 | +0.9% | |
| Average employees | 4 | 5 | — | — | |
| Wages | £265,000 | £286,695 | £268,625 | -6.3% | |
| Directors' remuneration | £210,000 | £226,300 | £207,375 | -8.4% |
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 |
|---|---|---|---|---|
| Return on capital employed | -13.4% | -10.8% | -8.9% | |
| Gearing (liabilities / total assets) | 2.3% | 2.8% | 2.6% | |
| Current ratio | 1.71x | 3.45x | 4.01x |
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
- ORACLE POWER PLC 2017-06-26 → present
- ORACLE COALFIELDS PLC 2006-07-05 → 2017-06-26
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Consolidated group
- Auditor
- Price Bailey LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“During the year under review, the Group experienced net cash outflows from its operating activities which it financed from existing cash resources held at the start of the year and cash received from the issue of new equity share capital. The Directors have considered the cash flow requirements of the Group over the next 12 months and believe that additional funding will be required to meet the Group's cash requirements over that period. This additional cash requirement creates a material uncertainty that may cast significant doubt on the Company's ability to continue as a going concern.”
Group structure
- ORACLE POWER PLC · parent
- Sindh Carbon Energy Limited 100%
- Oracle Gold Limited 100%
- Oracle Gold Resources Limited 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 15 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| LEE, Nicholas | Secretary | 2020-12-21 | — | — |
| HUTCHINS, David James | Director | 2021-03-03 | Oct 1960 | Australian |
| MEMON, Naheed | Director | 2019-01-07 | Apr 1968 | British,Pakistani |
| PRIESTLY, Emma Kinder | Director | 2024-07-24 | Jun 1985 | British |
Show 15 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| EVERITT, Tony | Secretary | 2013-02-28 | 2018-05-22 |
| PHILIP, George Anthony | Secretary | 2012-09-24 | 2013-02-28 |
| SMITH, Simon | Secretary | 2018-05-22 | 2019-09-19 |
| TAYLOR, Edward | Secretary | 2006-07-05 | 2012-08-31 |
| WARDEN, Ashley Maxwell Grant | Secretary | 2019-09-19 | 2020-12-14 |
| KHAN, Shahrukh | Director | 2006-07-05 | 2019-07-16 |
| LEWIS, Glen Richard | Director | 2020-03-18 | 2020-12-21 |
| LOADER, William Adrian | Director | 2011-08-01 | 2016-04-20 |
| MIGGE, Andreas | Director | 2017-08-02 | 2022-12-13 |
| MORDACQ, Yves | Director | 2016-09-15 | 2017-10-30 |
| PHILIP, George Anthony | Director | 2011-10-19 | 2013-02-28 |
| SCUTT, Anthony Charles Raby | Director | 2006-12-22 | 2018-06-13 |
| STEAD, Martin Roderick | Director | 2007-11-01 | 2016-09-05 |
| STEED, Mark Wickham | Director | 2017-07-12 | 2024-08-07 |
| WINDHAM, Conrad Andrew | Director | 2006-07-05 | 2009-05-10 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 174 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-07-28 RESOLUTIONS Resolution
- 2024-10-21 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-25 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-07-23 | CH01 | officers | Change person director company with change date | |
| 2026-07-23 | RP01AP01 | officers | Replacement filing of director appointment with name | |
| 2026-07-20 | SH01 | capital | Capital allotment shares | |
| 2026-07-09 | AA | accounts | Accounts with accounts type group | |
| 2026-03-27 | CH01 | officers | Change person director company with change date | |
| 2025-10-15 | SH01 | capital | Capital allotment shares | |
| 2025-08-27 | SH01 | capital | Capital allotment shares | |
| 2025-07-28 | RESOLUTIONS | resolution | Resolution | |
| 2025-07-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-01 | AA | accounts | Accounts with accounts type group | |
| 2025-05-02 | SH01 | capital | Capital allotment shares | |
| 2024-12-30 | SH01 | capital | Capital allotment shares | |
| 2024-11-29 | SH01 | capital | Capital allotment shares | |
| 2024-10-21 | RESOLUTIONS | resolution | Resolution | |
| 2024-09-26 | RP04SH01 | capital | Second filing capital allotment shares | |
| 2024-09-26 | RP04SH01 | capital | Second filing capital allotment shares | |
| 2024-08-08 | TM01 | officers | Termination director company with name termination date | |
| 2024-08-03 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-18 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- Capital events
- 8
- 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.