How much does Goring Power Ltd make?

Goring Power Ltd reported revenue of £983k and a loss of £356k in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Goring Power Ltd have?

Goring Power Ltd reported an average of 0 employees in the year to 31 Mar 2025.

Is Goring Power Ltd profitable?

No — Goring Power Ltd reported a loss of £356k in the year to 31 Mar 2025.

Company No. 13003823 · Incorporated 9 Nov 2020

Goring Power Ltd

Registered name: GORING POWER LTD

Part of Ylem Group Limited group

Goring Power Ltd made £983k revenue and a £356k loss in the year to 31 Mar 2025.

Goring Power Ltd’s revenue was £983k in the year to 31 Mar 2025, with a loss of £356k and 0 employees. The company is classified under “production of electricity” and is based in Salford Quays; we hold 2 years of its filed accounts.

Full P&L filedSection D · Electricity, gas, steam and air conditioning supplySIC 35110Production of electricity SIC 41100Development of building projects

Status: Active
Location: Salford Quays, North West
Age: 5 yrs · since 2020
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 Mar 2025

Key figures

Small team

Revenue

£983k

Growth —

Profit

−£356k

Growth —

Profit margin

−36.2%

Gross 6.1%

Employees

Change —

Profit / employee

—

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 to	31 Mar 2024	31 Mar 2025
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£0	£983k
Cost of sales	£0	£923k
Gross profit	£0	£59.9k
Operating profit	−£50.3k	£23k
Profit before tax	−£167k	−£475k
Profit after tax	−£125k	−£356k
Profit (best available)	−£125k	−£356k
Employees (average)	0	0
Ratios
Profit margin	—	−36.2%
Gross margin	—	6.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£145k	£36.3k
Net assets	−£125k	−£481k
Fixed assets	£3.8m	£4.8m
Current assets	£793k	£416k
Debtors	£648k	£380k
Deferred income	£16k	£316k
Source	FullAccounts · bulk data Dec 2025	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: −36.2%; Profit ÷ revenue.
Gross margin: 6.1%; 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: 490.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 32.2%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 38.6%; 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 −£481k
Cash at bank: ▼75%; Now £36.3k
Headcount: —; Now 0
Deferred income: ▲1881%; Now £316k
Fixed assets: ▲26%; Now £4.8m

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

Ylem Group Limitedultimate parent75–100%
Ylem Flexible Power Limited75–100%
Goring Power Ltdthis company

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

Sister companies (3)

Heywood Power LimitedRev. £144k · Profit −£268k
Corpower LimitedFigures not disclosed
Llay Power 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 Mar 2025 (profit −£356k), from the Companies House accounts bulk data published Dec 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.