GB FLEXIBLE POWER LIMITED
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Cash
£3m
-78.7% vs 2024
Net assets
£138m
-20% vs 2024
Employees
0
Average over period
Profit before tax
-£31m
-114.5% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
3 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
2-year trend · vs Utilities median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2025-06-30
| Metric | Trend | 2024-06-30 | 2025-06-30 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £34,461,000 | £39,385,000 | +14.3% | |
| Operating profit | -£14,227,000 | -£30,615,000 | -115.2% | |
| Profit before tax | -£14,335,000 | -£30,742,000 | -114.5% | |
| Net profit | -£12,927,000 | -£28,420,000 | -119.8% | |
| Cash | £13,924,000 | £2,972,000 | -78.7% | |
| Total assets less current liabilities | £176,138,000 | £141,661,000 | -19.6% | |
| Net assets | £172,904,000 | £138,298,000 | -20% | |
| Equity | £172,904,000 | £138,298,000 | -20% | |
| Average employees | 0 | 0 | — | |
| Wages | — | — | — | |
| Directors' remuneration | £0 | £0 | — |
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 | 2024-06-30 | 2025-06-30 |
|---|---|---|---|
| Operating margin | -41.3% | -77.7% | |
| Net margin | -37.5% | -72.2% | |
| Return on capital employed | -8.1% | -21.6% | |
| Gearing (liabilities / total assets) | 9.1% | 7.6% | |
| Current ratio | 2.47x | 3.10x |
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
- GB FLEXIBLE POWER LIMITED 2025-10-29 → present
- THE FERN POWER COMPANY LIMITED 2014-01-08 → 2025-10-29
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on this assessment, the directors have a reasonable expectation that the Group will have adequate resources to continue in operational existence and meet its liabilities as they fall due for a period up to 6 July 2027. Accordingly, the directors consider it appropriate to prepare the financial statements on the going concern basis.”
Group structure
- GB FLEXIBLE POWER LIMITED · parent
- Dafen Reserve Power Limited 100%
- Cynon Power Limited 100%
- Nevern Power Limited 100%
- Westwood Power Limited 100%
- Banbury Power Limited 100%
- Cadoxton Reserve Power Limited 100%
- Harbourne Power Limited 100%
- Larigan Power Limited 100%
- Redlake Power Limited 100%
- Tillingham Power Limited 100%
- Bury Power Limited 100%
- Clyne Power Limited 100%
- Irwell Power Limited 100%
- Ogmore Power Limited 100%
- Selby Power Limited 100%
- Warrington Power Limited 100%
- Wharf Power Limited 100%
- Culvery Power Limited 100%
- Hull Reserve Power Limited 100%
- Immingham Power Limited 100%
- Kiln Power Limited 100%
- Loddon Power Limited 100%
- Marden Power Limited 100%
- Northwich Power Limited 100%
- St Asaph Power Limited 100%
- Wolverhampton Power Limited 100%
Significant events
- “On 1 September 2025 the Group along with its subsidiary companies were acquired by GB Distributed Power Limited.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 11 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BEACH, Jonathan | Director | 2025-09-01 | Sep 1979 | American |
| RAMIREZ, Ernesto Alonzo | Director | 2025-09-01 | Nov 1974 | American |
| STRUTT, Michael Andrew | Director | 2025-10-17 | Nov 1962 | British |
Show 11 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BANERJEE, Kamalika Ria | Secretary | 2017-10-30 | 2018-02-21 |
| LUDLOW, Sharna | Secretary | 2016-05-16 | 2018-11-15 |
| OCTOPUS COMPANY SECRETARIAL SERVICES LIMITED | Corporate Secretary | 2018-11-15 | 2025-09-01 |
| DIGGES, Jonathan Charles Nigel | Director | 2018-08-02 | 2021-09-21 |
| FELLOWS, Edward William | Director | 2021-09-21 | 2025-09-01 |
| GRANT, Sarah Mary | Director | 2023-01-06 | 2025-09-01 |
| LATHAM, Paul Stephen | Director | 2014-01-08 | 2023-01-06 |
| MCCLURE, Kate | Director | 2017-11-14 | 2018-08-02 |
| SETCHELL, Matthew George | Director | 2018-08-02 | 2023-03-08 |
| SETCHELL, Matthew George | Director | 2017-05-23 | 2017-11-14 |
| OCS SERVICES LIMITED | Corporate Director | 2014-01-08 | 2018-08-02 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Gb Distributed Power Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2025-09-01 | Active |
| Cedar Energy And Infrastructure Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2020-01-15 | Ceased 2025-09-01 |
| Fern Trading Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2020-01-15 |
Filing timeline
Last 20 of 115 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-10-29 CERTNM Certificate change of name company PDF
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-20 | AA | accounts | Accounts with accounts type group | |
| 2026-04-16 | CH01 | officers | Change person director company with change date | |
| 2026-04-15 | CH01 | officers | Change person director company with change date | |
| 2026-04-15 | CH01 | officers | Change person director company with change date | |
| 2026-04-15 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2026-04-15 | AD01 | address | Change registered office address company with date old address new address | |
| 2026-01-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-01-05 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-11-04 | AP01 | officers | Appoint person director company with name date | |
| 2025-10-29 | CERTNM | change-of-name | Certificate change of name company | |
| 2025-10-17 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-10-17 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-09-05 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-05 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-05 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-05 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-05 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-09-05 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-08-27 | CH01 | officers | Change person director company with change date | |
| 2025-04-08 | AA | accounts | Accounts with accounts type audit exemption subsiduary |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 19
- Capital events
- 0
- Officers appointed
- 3
- Officers resigned
- 3
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.