Sky Zestec Limited
Registered name: SKY ZESTEC LIMITED
Part of Octopus Energy Topco Limited groupSky Zestec Limited made £235k revenue and a £468k loss in the year to 30 Jun 2024.
Sky Zestec Limited’s revenue grew 84% to £235k in the year to 30 Jun 2024, with a loss of £468k and 0 employees. The company is classified under “production of electricity” and is based in London; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- London, London
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Jun 2023 | 30 Jun 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £128k | £235k |
| Cost of sales | £83.1k | £161k |
| Gross profit | £45k | £74.4k |
| Operating profit | £35.1k | £66.5k |
| Profit before tax | −£36.8k | −£62.3k |
| Profit after tax | −£22.5k | −£468k |
| Profit (best available) | −£22.5k | −£468k |
| Employees (average) | 0 | 0 |
| Ratios | ||
| Profit margin | −17.5% | −199.1% |
| Gross margin | 35.1% | 31.6% |
| Growth (year on year) | ||
| Revenue growth | — | ▲83.7% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £772k | £1.8m |
| Net assets | £470k | £730k |
| Fixed assets | £1.7m | £4.5m |
| Current assets | £890k | £2.2m |
| Debtors | £53.8k | £128k |
| Deferred income | £22.3k | £137k |
| Source | FullAccounts · bulk data Apr 2025 | FullAccounts · bulk data Apr 2025 |
How the business works
- Profit margin
- −199.1%
- Profit ÷ revenue.
- Gross margin
- 31.6%
- 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
- 1906%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 58.5%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 54.3%
- Money owed by customers. Low = customers pay quickly.
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
- ▲55%
- Now £730k
- Cash at bank
- ▲128%
- Now £1.8m
- Headcount
- —
- Now 0
- Deferred income
- ▲516%
- Now £137k
- Fixed assets
- ▲165%
- Now £4.5m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Octopus Energy Topco Limitedultimate parent75–100%
- Octopus Energy Group Limited75–100%
- Octopus Energy Generation Limited75–100%
- Octopus Energy Generation Fund Management Holdings Limited75–100%
- Octopus Renewables Limited75–100%
- Sky Rooftop Holdings 1 Limited75–100%
- Sky Zestec Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (12)
- Sky Zestec (A) LimitedRev. £696k · Profit −£2.3m
- Sky Zestec (BBD) LimitedRev. £17.1k · Profit −£16.4k
- Albion Solar LimitedFigures not disclosed
- Bedwell Park Solar LimitedFigures not disclosed
- Glas 1 LimitedRev. — · Profit −£7.3k
- Hereford Solar LimitedFigures not disclosed
- Sky Polco 1 LimitedFigures not disclosed
- Sky Zestec (Coop) LimitedFigures not disclosed
- Sky Zestec (LTN) LimitedFigures not disclosed
- Sky Zestec (TM) LimitedRev. — · Profit £77.1k
- Wessex Solar LimitedFigures not disclosed
- Zestec Asset Management LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 30 Jun 2024 (profit −£468k), from the Companies House accounts bulk data published Apr 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.