How much does Corner Renewable Energy Limited make?

Corner Renewable Energy Limited reported revenue of £4.3m and £953k profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

Is Corner Renewable Energy Limited profitable?

Yes — Corner Renewable Energy Limited reported a profit of £953k in the year to 31 Dec 2024.

Company No. 09624543 · Incorporated 4 Jun 2015

Corner Renewable Energy Limited

Registered name: CORNER RENEWABLE ENERGY LIMITED

Part of Generate UK Investment Holdings Limited group

Corner Renewable Energy Limited made £4.3m revenue and £953k profit in the year to 31 Dec 2024.

Corner Renewable Energy Limited’s revenue was £4.3m in the year to 31 Dec 2024, with £953k profit. The company is classified under “production of electricity” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection D · Electricity, gas, steam and air conditioning supplySIC 35110Production of electricity

Status: Active
Location: London, East Midlands
Age: 11 yrs · since 2015
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

Small team

Revenue

£4.3m

Growth —

Profit

£953k

Growth —

Profit margin

22.4%

Gross 47.6%

Employees

—

Change —

Profit / employee

—

Profitable streak

1yr

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 Oct 2022	31 Dec 2023	31 Dec 2024
Disclosure	No P&L	No P&L	Full P&L
Profit & loss
Revenue (turnover)	—	—	£4.3m
Cost of sales	—	—	−£2.2m
Gross profit	—	—	£2m
Operating profit	—	—	£1.3m
Profit before tax	—	—	£1.3m
Profit after tax	—	—	£953k
Profit (best available)	—	—	£953k
Employees (average)	0	0	—
Ratios
Profit margin	—	—	22.4%
Gross margin	—	—	47.6%
Balance sheet — indirect signals, not revenue
Cash at bank	£26k	£755k	—
Net assets	£1.8m	£2.6m	—
Fixed assets	£815k	£623k	—
Current assets	£2m	£3.4m	—
Debtors	£1.1k	£0	—
Deferred income	£37.7k	£32.9k	—
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	Accounts · bulk data Feb 2026

Derived from the latest filing

How the business works

Profit margin: 22.4%; Profit ÷ revenue.
Gross margin: 47.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: —; 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: —; Now —
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

Generate UK Investment Holdings Limitedultimate parent75–100%
Generate UK Ad Holdings Limited75–100%
Generate UK Ad I Limited75–100%
Material Change Renewable Energy Limited75–100%
Corner Renewable Energy Limitedthis company

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

Sister companies (2)

Fraddon Biogas LimitedRev. — · Profit £1.4m
Stafford Renewable Energy LimitedFigures not disclosed

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Dec 2024 (profit £953k), from the Companies House accounts bulk data published Feb 2026. Spotted an error? Request a correction.

Updated from Companies House on 17 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.