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Company No. 11629881 · Incorporated 18 Oct 2018

Stairfoot Generation Ltd

Registered name: STAIRFOOT GENERATION LTD

Part of Gresham House Energy Storage Fund PLC group

Stairfoot Generation Ltd made £2.4m revenue and a £1.3m loss in the year to 31 Dec 2023.

Stairfoot Generation Ltd’s revenue grew 132% to £2.4m in the year to 31 Dec 2023, with a loss of £1.3m and 4 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
7 yrs · since 2018
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 2023

Key figures

Small teamDoing more with lessCash flow filed
Revenue
£2.4m
Growth ▲132%
Profit
−£1.3m
Growth ▼183.9%
Profit margin
−54.9%
Gross 104.8%
Employees
4
Change ▼20%
Profit / employee
−£332k
Revenue/employee £605k
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 202231 Dec 2023
DisclosureFull P&LFull P&L
Profit & loss
Revenue (turnover)£1m£2.4m
Cost of sales£51.6k−£115k
Gross profit£991k£2.5m
Operating profit£859k−£86.9k
Profit before tax£654k−£1.3m
Profit after tax£1.6m−£1.3m
Profit (best available)£1.6m−£1.3m
Employees (average)54
Ratios
Profit margin151.9%−54.9%
Gross margin95%104.8%
Revenue per employee£208k£605k
Profit per employee£317k−£332k
Cash conversion40.1%—
Growth (year on year)
Revenue growth—▲132%
Profit growth—▼183.9%
Headcount growth—▼20%
Balance sheet — indirect signals, not revenue
Cash at bank£287k£641k
Net assets£1.5m£202k
Fixed assets£15.8m£13.7m
Current assets£4.8m£2.7m
Debtors£212k£503k
Deferred income£207k£1.4m
Cash from operations£345k£4.8m
SourceFullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2024
Derived from the latest filing

How the business works

Profit margin
−54.9%
Profit ÷ revenue.
Gross margin
104.8%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£605k
Revenue ÷ average employees.
Profit per employee
−£332k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
568.4%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
56.4%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
20.8%
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
▼87%
Now £202k
Cash at bank
▲123%
Now £641k
Headcount
▼20%
Now 4
Deferred income
▲559%
Now £1.4m
Fixed assets
▼13%
Now £13.7m

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. Grid Holdco 1 Limited75–100%
  4. Stairfoot Generation Ltdthis company

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

Sister companies (23)

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 2023 (profit −£1.3m), from the Companies House accounts bulk data published Sep 2024. 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.