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Company No. 10238116 · Incorporated 17 Jun 2016

Noriker Staunch Ltd

Registered name: NORIKER STAUNCH LTD

Part of Gresham House Energy Storage Fund PLC group

Noriker Staunch Ltd made £963k revenue and a £2.5m loss in the year to 31 Dec 2024.

Noriker Staunch Ltd’s revenue fell 61% to £963k in the year to 31 Dec 2024, with a loss of £2.5m and 2 employees. The company is classified under “production of electricity” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection D · Electricity, gas, steam and air conditioning supplySIC 35110Production of electricity
Status
Active
Location
London, London
Age
10 yrs · since 2016
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 teamCash flow filed
Revenue
£963k
Growth ▼61.4%
Profit
−£2.5m
Growth —
Profit margin
−254.4%
Gross 49.3%
Employees
2
Change ▼33.3%
Profit / employee
−£1.2m
Revenue/employee £482k
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.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202331 Dec 2024
DisclosureFull P&LFull P&L
Profit & loss
Revenue (turnover)£2.5m£963k
Cost of sales£2.2m£489k
Gross profit£265k£474k
Operating profit−£1.6m−£1.1m
Profit before tax−£2.9m−£2.5m
Profit after tax−£2.9m−£2.5m
Profit (best available)−£2.9m−£2.5m
Employees (average)32
Ratios
Profit margin−116.7%−254.4%
Gross margin10.6%49.3%
Revenue per employee£832k£482k
Profit per employee−£971k−£1.2m
Growth (year on year)
Revenue growth—▼61.4%
Headcount growth—▼33.3%
Balance sheet — indirect signals, not revenue
Cash at bank£99.6k£495k
Net assets−£9.7m−£12.2m
Fixed assets£7.5m£6.2m
Current assets£303k£863k
Debtors£13.4k£155k
Deferred income£1.4m£1.5m
Cash from operations−£184k£174k
SourceFullAccounts · bulk data May 2025FullAccounts · bulk data May 2025
Derived from the latest filing

How the business works

Profit margin
−254.4%
Profit ÷ revenue.
Gross margin
49.3%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£482k
Revenue ÷ average employees.
Profit per employee
−£1.2m
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
641.9%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
156.8%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
16.1%
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 −£12.2m
Cash at bank
▲397%
Now £495k
Headcount
▼33%
Now 2
Deferred income
▲5%
Now £1.5m
Fixed assets
▼17%
Now £6.2m

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

  1. Gresham House Energy Storage Fund PLCultimate parent75–100%
  2. Gresham House Energy Storage Holdings Limited75–100%
  3. Noriker Staunch Ltdthis company

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

Sister companies (10)

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£2.5m), from the Companies House accounts bulk data published May 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.