How much does Fidelity Energy Limited make?

Fidelity Energy Limited reported revenue of £16.7m and £4.5m profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Fidelity Energy Limited have?

Fidelity Energy Limited reported an average of 44 employees in the year to 31 Dec 2024.

Is Fidelity Energy Limited profitable?

Yes — Fidelity Energy Limited reported a profit of £4.5m in the year to 31 Dec 2024.

Company No. 09258334 · Incorporated 10 Oct 2014

Fidelity Energy Limited

Registered name: FIDELITY ENERGY LIMITED

Part of Hifi Topco Limited group

Fidelity Energy Limited made £16.7m revenue and £4.5m profit in the year to 31 Dec 2024.

Fidelity Energy Limited’s revenue grew 43% to £16.7m in the year to 31 Dec 2024, with £4.5m profit and 44 employees. The company is classified under “trade of electricity” and is based in Newbury; we hold 3 years of its filed accounts.

Full P&L filedSection D · Electricity, gas, steam and air conditioning supplySIC 35140Trade of electricity SIC 62012Business and domestic software development

Status: Active
Location: Newbury, South East
Age: 12 yrs · since 2014
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.

Latest accounts · year to 31 Dec 2024

Key figures

Capital-lightOperating leverage

Revenue

£16.7m

Growth ▲42.7%

Profit

£4.5m

Growth ▲54.4%

Profit margin

26.8%

Gross 56.8%

Employees

Change ▲22.2%

Profit / employee

£102k

Revenue/employee £381k

Profitable streak

2yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	No P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	£11.7m	£16.7m
Cost of sales	—	£4.3m	£7.2m
Gross profit	—	£7.4m	£9.5m
Operating profit	—	£3.8m	£4.7m
Profit before tax	—	£3.8m	£4.7m
Profit after tax	—	£2.9m	£4.5m
Profit (best available)	—	£2.9m	£4.5m
Staff costs	—	£2.7m	£2.9m
Employees (average)	31	36	44
Ratios
Profit margin	—	24.7%	26.8%
Gross margin	—	63.3%	56.8%
Revenue per employee	—	£326k	£381k
Profit per employee	—	£80.7k	£102k
Growth (year on year)
Revenue growth	—	—	▲42.7%
Profit growth	—	—	▲54.4%
Headcount growth	—	▲16.1%	▲22.2%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.8k	£389k	£1.7m
Net assets	£2.9m	£5.8m	£10.4m
Fixed assets	£15.7k	£15.6k	£171k
Current assets	£9.9m	£13.9m	£20.7m
Debtors	£271k	£589k	£1.5m
Deferred income	£4.7m	£5.7m	£8.5m
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025

Derived from the latest filing

How the business works

Profit margin: 26.8%; Profit ÷ revenue.
Gross margin: 56.8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £381k; Revenue ÷ average employees.
Profit per employee: £102k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 50.5%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 8.7%; 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: ▲78%; Now £10.4m
Cash at bank: ▲325%; Now £1.7m
Headcount: ▲22%; Now 44
Deferred income: ▲49%; Now £8.5m
Fixed assets: ▲999%; Now £171k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Hifi Topco Limitedultimate parent75–100%
Hifi Midco 1 Limited75–100%
Hifi Midco 2 Limited75–100%
Hifi Bidco Limited75–100%
Fidelity Energy Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (1)

Etainabl LimitedRev. £739k · Profit £148k

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

Same industry, similar size

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Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £4.5m), 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.