Fuel Cell Systems Ltd
Registered name: FUEL CELL SYSTEMS LTD
Part of D2zero Limited groupFuel Cell Systems Ltd does not publish its revenue or profit. Its accounts to 31 Dec 2024 show net assets of £5.4m and 37 employees.
Fuel Cell Systems Ltd did not publish its revenue or profit — small companies aren’t required to file a profit & loss account. Its accounts for the year to 31 Dec 2024 showed net assets of £5.4m and 37 employees. The company is classified under “other information technology service activities” and is based in Hungerford; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Hungerford, South East
- Age
- 15 yrs · since 2010
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “HGEN2 Limited”
Key figures
Revenue not disclosed
Fuel Cell Systems Ltd’s accounts for the year to 31 Dec 2024 contain a balance sheet but no profit & loss account, so its revenue and profit are not public. UK small and micro-entity companies are not required to publish a P&L — this is normal and says nothing about how the business is performing.
We never estimate revenue. Below you’ll find the balance-sheet figures that were filed — useful as indirect signals of momentum, but they are not revenue or profit.
- Employees
- 37
- Net assets
- £5.4m
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Oct 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Dec 2024 |
|---|---|---|---|---|
| Disclosure | No P&L | No P&L | No P&L | No P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | — | — |
| Profit (best available) | — | — | — | — |
| Employees (average) | 15 | 19 | 28 | 37 |
| Ratios | ||||
| Profit margin | — | — | — | — |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £4.2m | £3.2m | £2.6m | £822k |
| Net assets | £4.5m | £5m | £5m | £5.4m |
| Fixed assets | £15.4k | £270k | £360k | £865k |
| Current assets | £7.5m | £8m | £8m | £8.1m |
| Debtors | £1.6m | £2.1m | £1.4m | £1.9m |
| Source | Accounts · bulk data Dec 2023 | Accounts · bulk data Dec 2023 | FilletedAccounts · bulk data Dec 2024 | FilletedAccounts · bulk data Sep 2025 |
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 £5.4m
- Cash at bank
- —
- Now £822k
- Headcount
- —
- Now 37
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now £865k
Group structure
Ownership chain
- D2zero Limitedultimate parent75–100%
- Buchan 1 Limited75–100%
- Hydrasun Holdings Limited75–100%
- Hydrasun Group Limited50–75%
- Fuel Cell Systems Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- Hydrasun LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FilletedAccounts for the year to 31 Dec 2024, from the Companies House accounts bulk data published Sep 2025. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.