# GORING POWER LTD (13003823)

> GORING POWER LTD is an active private limited company (company number 13003823) incorporated on 9 November 2020, registered in Salford Quays. Its registered activity is production of electricity (SIC 35110). Latest full accounts cover the period ending 31 March 2025, showing net assets of −£481k and cash of £36k, with 0 employees on average. Turnover was £983k and profit for the year −£356k. Net assets fell 285% on the prior period (−£125k).

- Status: Active
- Incorporated: 2020-11-09
- Registered office: Salford Quays, M5 3EQ
- SIC 35110: Production of electricity
- SIC 41100: Development of building projects
- Next accounts due: 2026-12-31
- Confirmation statement due: 2026-11-23
- Accounts type: FULL

By net assets it sits in the bottom quarter of 123 comparable companies in Manchester (median £99, upper quartile £23k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | −£481k | £36k | — | £320k | £983k | −£356k | 0 |
| 2024-03-31 | −£125k | £145k | — | £758k | £0 | −£125k | 0 |

current ratio 1.3; net margin -36.2%; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets below zero: Net assets £-481,332 at 31 March 2025
- Net assets down 25% or more on the prior period: -284.5% vs prior period
- Incorporated five or more years ago: Incorporated 9 November 2020

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Ylem Flexible Power Limited (corporate-entity) — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2024-09-20

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/13003823
HTML: https://firmoscan.com/company/13003823-goring-power-ltd