The Faraday Institution

The Faraday Institution

Trading as: Faraday Institution
#10959095 Active
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The Faraday Institution is the UK’s independent institute focused on electrochemical energy storage research, skills development, and early-stage commercialisation. It collaborates with research scientists and industry partners to advance battery technologies, aiming to reduce costs and improve performance for a sustainable energy future.

Founded: 12/09/2017
Industries: Other research and experimental development on natural sciences and engineering
Location: Didcot

Products

  • Battery Recycling Technologies
  • Lithium-ion Batteries
  • Sodium-ion Batteries
  • Solid-state Batteries

Services

  • Early-stage Commercialisation
  • Electrochemical Energy Storage Research
  • Market Analysis
  • Skills Development

Financial Snapshot

Last accounts made up to 31 March 2024
Next accounts due 31 December 2025 (7 months)
Cash in Bank £7.51m
↓ -67%
Turnover £28.96m
↓ -16%
EBITDA -£3.88m
↓ -399%
Total Liabilities £23.59m
↑ 23%
Employees 25
↑ 14%

Directors

Role:
Vice-president Global R & D
Appointed:
24/04/2025
Nationality:
British
Age:
44 years
Role:
Academic
Appointed:
24/04/2025
Nationality:
British
Age:
47 years
Role:
Executive Chairman
Appointed:
24/04/2025
Nationality:
British
Age:
62 years
Role:
Director Of Us National Laboratory And Professor
Appointed:
24/04/2024
Nationality:
British
Age:
65 years
Role:
University Professor
Appointed:
03/07/2023
Nationality:
British
Age:
63 years
Role:
Scientist
Appointed:
03/07/2023
Nationality:
American
Age:
52 years
Role:
Engineering Director
Appointed:
11/02/2022
Nationality:
British
Age:
52 years
Role:
Executive Director
Appointed:
11/02/2022
Nationality:
German
Age:
54 years
Role:
Director
Appointed:
15/03/2021
Nationality:
British
Age:
51 years
Role:
Director
Appointed:
15/03/2021
Nationality:
British
Age:
55 years
Role:
Managing Director
Appointed:
22/01/2018
Nationality:
British
Age:
49 years
Role:
Pro Vice-chancellor
Appointed:
22/01/2018
Nationality:
British
Age:
60 years

People with Significant Control

No active PSCs found
Mar 2024Mar 2023Mar 2022
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Charges

No charges registered

Properties

1 property
Regions
1
Freehold
0
Leasehold
1
SOUTH EAST

Suites 4 and 5, Quad 1, Harwell Science & Innovation Campus, Didcot

Leasehold
Added 02/02/2018 VALE OF WHITE HORSE
0 issuances recorded

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Grants

Total grant funding received: £8,122,782.00

Department for Business, Energy and Industrial Strategy
£7,200,000.00

Full Grant details (including summaries) can be found on the Gateway to Research website: https://gtr.ukri.org/projects?ref=107522

Date Awarded:
01/04/2022
Programme:
UKRI - ISCF - Scheme 22/23
Foreign, Commonwealth & Development Office
£922,782.00

TEA is the flagship FCDO research and innovation programme supporting early-stage testing and scale-up of innovative technologies and business models that accelerate access to affordable, clean, and modern energy in developing countries, particularly in Sub-Sharan Africa, South Asia, and ASEAN region, enabling sustainable and inclusive growth. TEA has a budget of £225 million and seeks to improve clean energy access for 25 million people, create 170,000 long-term jobs in the clean energy market, and leverage £1.3 billion from private and public sources for clean energy technology research, innovation and scale-up. It contributes to International Climate Finance (ICF) objectives and is the main FCDO platform for the £1bn UK Ayrton Fund commitment for clean energy innovation between 2021 and 2026. TEA is being delivered by five lead FCDO partners - Carbon Trust, Innovate UK, Shell Foundation, and ESMAP and hundreds of downstream partners operating in the clean energy space.

Date Awarded:
01/04/2019
Programme:
TEA - Transforming Energy Access

Group Structure

Government Council Contracts Beta

No council contracts found

Company Filings

30/04/2025 Officers

Appoint Person Director Company With Name Date

28/04/2025 Officers

Appoint Person Director Company With Name Date

28/04/2025 Officers

Appoint Person Director Company With Name Date

06/01/2025 Officers

Termination Director Company With Name Termination Date

19/12/2024 Accounts

Accounts With Accounts Type Full

15/10/2024 Confirmation Statement

Confirmation Statement With No Updates

02/07/2024 Officers

Termination Director Company With Name Termination Date