How much does Sqe Energy Limited make?

Sqe Energy Limited reported revenue of £128m and a loss of £2.7m in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Sqe Energy Limited have?

Sqe Energy Limited reported an average of 15 employees in the year to 31 Dec 2024.

Is Sqe Energy Limited profitable?

No — Sqe Energy Limited reported a loss of £2.7m in the year to 31 Dec 2024.

Company No. 09812682 · Incorporated 7 Oct 2015

Sqe Energy Limited

Registered name: SQE ENERGY LIMITED

Part of Sqe Energy Group Limited group

Sqe Energy Limited made £128m revenue and a £2.7m loss in the year to 31 Dec 2024. read from filing text

Sqe Energy Limited’s revenue grew 11% to £128m in the year to 31 Dec 2024, with a loss of £2.7m and 15 employees. The company is classified under “trade of electricity” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSection D · Electricity, gas, steam and air conditioning supplySIC 35140Trade of electricity

Status: Active
Location: London, London
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. From the filing: “The immediate and ultimate parent company is”

Latest accounts · year to 31 Dec 2024

Key figures

Capital-light

Revenue

£128m

Growth ▲11%

Profit

−£2.7m

Growth —

Profit margin

−2.1%

Gross 0.5%

Employees

Change ▲7.1%

Profit / employee

−£177k

Revenue/employee £8.5m

Profitable streak

0yrs

Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2021	31 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£66.1m	£104m	£115m	£128m
Cost of sales	£65.7m	£104m	£115m	£127m
Gross profit	£467k	£223k	£465k	£615k
Operating profit	−£1.6m	−£1.7m	−£1.8m	−£3.1m
Profit before tax	−£1.8m	−£1.7m	−£1.6m	−£2.7m
Profit after tax	−£1.7m	−£1.7m	−£1.6m	−£2.7m
Profit (best available)	−£1.7m	−£1.7m	−£1.6m	−£2.7m
Staff costs	£868k	£518k	£674k	£1.6m
Employees (average)	11	12	14	15
Ratios
Profit margin	−2.6%	−1.6%	−1.4%	−2.1%
Gross margin	0.7%	0.2%	0.4%	0.5%
Revenue per employee	£6m	£8.7m	£8.2m	£8.5m
Profit per employee	−£155k	−£138k	−£111k	−£177k
Growth (year on year)
Revenue growth	—	▲57.4%	▲10.9%	▲11%
Headcount growth	—	▲9.1%	▲16.7%	▲7.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£9.7m	£17.3m	£13m	£6.3m
Net assets	−£4.5m	−£6.2m	−£7.8m	−£10.4m
Fixed assets	£16k	£22.8k	£17.5k	£19.5k
Current assets	£21m	£32.3m	£31.5m	£30.5m
Debtors	£4.2m	£11.7m	£14.7m	£9.9m
Deferred income	£21.9m	£25.3m	£29.3m	£30m
Cash from operations	£1.8m	−£7.4m	—	—
Source	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Nov 2025

Derived from the latest filing

How the business works

Profit margin: −2.1%; Profit ÷ revenue.
Gross margin: 0.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £8.5m; Revenue ÷ average employees.
Profit per employee: −£177k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 23.4%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 7.7%; 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: —; Now −£10.4m
Cash at bank: ▼52%; Now £6.3m
Headcount: ▲7%; Now 15
Deferred income: ▲2%; Now £30m
Fixed assets: ▲11%; Now £19.5k

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

Sqe Energy Group Limitedultimate parent75–100%
Sqe Energy Limitedthis company

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

Sister companies (2)

Sqe Energy Trading LimitedFigures not disclosed
Sqe Os Technology 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 FullAccounts for the year to 31 Dec 2024 (profit −£2.7m), from the Companies House accounts bulk data published Nov 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.