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Company No. 02045875 · Incorporated 12 Aug 1986

Upergy Limited

Registered name: UPERGY LIMITED

Upergy Limited made £12.2m revenue and £3.8m profit in the year to 31 Dec 2024.

Upergy Limited’s revenue fell 12% to £12.2m in the year to 31 Dec 2024, with £3.8m profit and 32 employees. The company is classified under “manufacture of batteries and accumulators” and is based in Solihull; we hold 3 years of its filed accounts.

Status
Active
Location
Solihull
Age
40 yrs · since 1986
Type
Private Limited Company
Latest accounts · year to 31 Dec 2024

Key figures

Revenue
£12.2m
Growth ▼11.8%
Profit
£3.8m
Growth ▲1203%
Profit margin
31.6%
Gross 29%
Employees
32
Change 0%
Profit / employee
£120k
Revenue/employee £381k
Profitable streak
3yrs
Consecutive profitable years in our data
3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202231 Dec 202331 Dec 2024
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£13.2m£13.8m£12.2m
Cost of sales£9.3m£9.5m£8.6m
Gross profit£3.9m£4.3m£3.5m
Operating profit£1.2m£579k£152k
Profit before tax£1.1m£385k£3.8m
Profit after tax£872k£295k£3.8m
Profit (best available)£872k£295k£3.8m
Employees (average)313232
Ratios
Profit margin6.6%2.1%31.6%
Gross margin29.6%31%29%
Revenue per employee£425k£432k£381k
Profit per employee£28.1k£9.2k£120k
Growth (year on year)
Revenue growth—▲4.9%▼11.8%
Profit growth—▼66.1%▲1203%
Headcount growth—▲3.2%0%
Balance sheet — indirect signals, not revenue
Net assets———
SourceAccounts · bulk data Oct 2024Accounts · bulk data Oct 2024Accounts · bulk data Aug 2025
Derived from the latest filing

How the business works

Profit margin
31.6%
Profit ÷ revenue.
Gross margin
29%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£381k
Revenue ÷ average employees.
Profit per employee
£120k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
—
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
—
Money owed by customers. Low = customers pay quickly.
Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets
—
Now —
Cash at bank
—
Now —
Headcount
0%
Now 32
Deferred income
—
Now —
Fixed assets
—
Now —
Corporate ownership

Group structure

Subsidiaries (2)

From the Persons with Significant Control register (corporate controllers only).

Sources

Latest figures from accounts for the year to 31 Dec 2024 (profit £3.8m), from the Companies House accounts bulk data published Aug 2025. Spotted an error? Request a correction.

Updated from Companies House on 21 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.