SIMPLE POWER NO.1 LIMITED - Profile & Financials

Accounts Submitted 1 Oct 2025

Confirmation Statement Submitted 16 Apr 2025

Net assets £17.93M £4.14M 2024 year on year

Total assets £36.44M £1.20M 2024 year on year

Total Liabilities £18.51M £2.94M 2024 year on year

Charges 25

25 satisfied

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Contact & Details

Contact

Update Details

Registered Address

C/O Pinsent Masons Llp The Soloist 1 Lanyon Place Belfast Northern Ireland

Credit Report

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Mutual Companies

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Financials

Period 1 Jan → 31 Dec 2024

Type Total Exemption Full

Next accounts 31 December 2025

Due by 30 September 2026 9 months

Net Assets, Total Assets & Total Liabilities (2016–2024)

Cash in Bank

£3.25M

Increased by £177.33k (+6%)

Net Assets

£17.93M

Increased by £4.14M (+30%)

Total Liabilities

£18.51M

Decreased by £2.94M (-14%)

Turnover

£10.14M

Decreased by £44.33k (-0%)

Employees

N/A

Debt Ratio

51%

Decreased by 10 (-16%)

Financial History

Revenue, profit, EBITDA and key financial figures

	2024 Dec Year End	2023 Dec Year End
P&L
Revenue	£142.3M	£128.7M
Gross Profit	£48.2M	£43.1M
Operating Profit	£22.4M	£19.8M
Net Profit	£18.1M	£15.9M
EBITDA	£31.5M	£28.2M
Assets
Cash	£24.7M	£21.3M
Total Assets	£89.4M	£82.1M
Liabilities
Total Liabilities	£45.2M	£41.8M
Key Metrics
Employees	1,247	1,156

Latest Revenue

£142.3M

Latest EBITDA

£31.5M

Cash Position

£24.7M

Funding

Fundraising & Grants

No fundraising or grants recorded

Investors (0)

No investor information available

Officers

2 active 14 resigned

Show resigned officers

						Status
Hugh Alexander Unwin	Director	British	England	53	25 Feb 2022	Active
Thomas Byrne	Director	Irish	Northern Ireland	34	19 Aug 2024	Active

Shareholders

Shareholders (1)


Simple Power Limited	100.0%	1	Ordinary	7 Jul 2016

Persons with Significant Control

Persons with Significant Control (1)

1 Active

Simple Power Limited

United Kingdom

Active

Notified 6 Apr 2016

Nature of Control

Ownership Of Shares 75 To 100 Percent
Voting Rights 75 To 100 Percent

See All Controllers

Group Structure

SIMPLE POWER LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

SIMPLE POWER FINCO LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

SIMPLE POWER HOLDCO LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

NATWEST PENSION TRUSTEE LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

NATIONAL WESTMINSTER BANK PUBLIC LIMITED COMPANY united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent

NATWEST HOLDINGS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent

NATWEST GROUP PLC united kingdom

SIMPLE POWER NO.1 LIMITED Current Company

Charges

25 satisfied

Documents

Company Filings

Date	Category	Description	Document
1 Oct 2025	Accounts	Annual accounts made up to 2024-12-31	View(19 pages)
16 Apr 2025	Confirmation Statement	Confirmation statement made on 2025-04-06 with no updates	View(3 pages)
16 Oct 2024	Accounts	Annual accounts made up to 2023-12-31	View(19 pages)
30 Aug 2024	Officers	Change to director Mr Thomas Byrne on 2024-08-19	View(2 pages)
21 Aug 2024	Officers	Appointment of Mr Thomas Byrne as director on 2024-08-19	View(2 pages)