POWERVERSE DEVELOPMENT LIMITED
Company number 08760287 · Active · London SE1 7PB
POWERVERSE DEVELOPMENT LIMITED is an active private limited company (company number 08760287) incorporated on 4 November 2013, registered in London. Its registered activity is production of electricity (SIC 35110). Latest small accounts cover the period ending 31 December 2024, showing net assets of −£2.37m and cash of £424k, with 30 employees on average. Turnover was £784k and profit for the year £9.57m. Net assets rose 80% on the prior period (−£11.94m).
By net assets it sits in the bottom quarter of 972 comparable companies in London (median £2, upper quartile £47k).
Key dates
- Incorporated
- 4 November 2013
- Next accounts due
- 30 September 2026 — 22 days overdue
- Confirmation statement due
- 18 November 2026 — in 27 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
Activity
- SIC 35110
- Production of electricity
- Accounts type
- Total Exemption Full
- Size band
- Micro (Companies Act thresholds)
Financials — 2 periods on record, latest ending 31 December 2024
| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 December 2024 | −£2.37m | £424k | £830k | — | £784k | £9.57m | 30 |
| 31 December 2023 | −£11.94m | £535k | £3.99m | — | £264k | −£6.69m | 11 |
- Net margin
- 1221.1%
- Cash per employee
- £14k
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
Firmoscan score: 45/100 (grade D)
- -15 Negative net assets — Net assets £-2,366,574 at 2024-12-31
- +8 Net assets growing — +80.2% vs prior period
- +4 Cash reserves — Cash £423,675
- +8 Established — Incorporated 2013-11-04 (13 years)
- -10 Accounts overdue — Due 2026-09-30
A transparent, rules-based score from filed data only: every point lists its evidence. It is not a credit rating or advice.
Ownership and control
- Powerverse Investments Limited (corporate entity, England) — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors · since 12 July 2023
- Lightsource Renewable Energy Holdings Limited (corporate entity, England And Wales) — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors · since 6 April 2016 · ceased 24 November 2017
- Lightsource Holdings 3 Limited (corporate entity, England) — owns 75–100% of shares · since 24 November 2017 · ceased 12 July 2023
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.
Similar companies in London
Same activity (production of electricity), closest in incorporation date.
- SINGRUG HOLDINGS LIMITED — London, inc. Nov 2013
- PRIVATE WIRE SOLAR 1 LIMITED — London, inc. Nov 2013
- LIGHTSOURCE SPV 114 LIMITED — London, inc. Nov 2013
- LIGHTSOURCE COMMERCIAL ROOFTOPS LIMITED — London, inc. Nov 2013
- BURCROFT SOLAR PARKS LIMITED — London, inc. Nov 2013
- WINCELLE SOLAR HOLDINGS LIMITED — London, inc. Nov 2013
All companies incorporated on 4 November 2013 · in Nov 2013.
Reminders for POWERVERSE DEVELOPMENT LIMITED
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.