SIMPLE POWER LIMITED - Profile & Financials

Accounts Submitted 1 Oct 2025

Confirmation Statement Submitted 28 Jul 2025

Net assets £-20.97M £2.22M 2024 year on year

Total assets £14.58M £30.40K 2024 year on year

Total Liabilities £35.55M £2.19M 2024 year on year

Charges 2

2 satisfied

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Contact & Details

Contact

Update Details

Registered Address

C/O Pinsent Masons Llp The Soloist Building 1 Lanyon Place Belfast BT1 3LP Northern Ireland

Credit Report

Discover SIMPLE POWER LIMITED's Credit Score, limit, and payment likelihood.

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 (2020–2024)

Cash in Bank

£110.64k

Increased by £100.44k (+985%)

Net Assets

-£20.97M

Decreased by £2.22M (-12%)

Total Liabilities

£35.55M

Increased by £2.19M (+7%)

Turnover

N/A

Employees

N/A

Debt Ratio

244%

Increased by 16 (+7%)

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 17 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 (5)


Simple Power Finco Limited	100.0%	124,017	Ordinary	16 Aug 2022
Leo Terence Mcdaid	0.0%	0	Ordinary	16 Aug 2022
Heron Bros. Holdings Limited	0.0%	0	Ordinary	16 Aug 2022

Persons with Significant Control

Persons with Significant Control (1)

1 Active 1 Ceased

Simple Power Finco Limited

United Kingdom

Active

Notified 17 Oct 2018

Nature of Control

Ownership Of Shares 75 To 100 Percent
Voting Rights 75 To 100 Percent
Right To Appoint And Remove Directors

Heron Bros Holdings Ltd

Ceased 17 Oct 2018

Ceased

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Group Structure

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 LIMITED Current Company

SIMPLE POWER NO.1 LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent

Charges

2 satisfied

Documents

Company Filings

Date	Category	Description	Document
1 Oct 2025	Accounts	Annual accounts made up to 2024-12-31	View(18 pages)
28 Jul 2025	Confirmation Statement	Confirmation statement made on 2025-07-28 with no updates	View(3 pages)
15 Oct 2024	Accounts	Annual accounts made up to 2023-12-31	View(18 pages)
29 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)