GLASSENBURY BATTERY STORAGE LIMITED

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  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Blick Rothenberg Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“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

• “During the year, assets held for sale of £354,762 were transferred from Tangible Fixed assets. Inventory acquired during the year totalled £16,654 and proceeds of £3,543,566 were received in respect of sales/disposal of these assets made at cost to UK Battery Storage Limited and Coupar Storage Limited.”
• “During the year, the loan arrangements in place were novated from Gresham House Energy Storage Holdings Limited 'GHESH' to Grid Holdco 1 Limited, the immediate parent undertaking.”
• “During the year the existing shares held were subdivided into 100 £0.01 Ordinary shares. During the year 15,954,900 ordinary shares of nominal value of £0.01 each were issued at value of £7,275,266.”
• “Additional shares totalling 8,600,000 ordinary shares of nominal value of £0.01 each were issued at value of £8,600,000.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

8

last 12 months

Capital events

1

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.