Iduna Electric Vehicle Charging Infrastructure 2 PLC
Registered name: IDUNA ELECTRIC VEHICLE CHARGING INFRASTRUCTURE 2 PLC
Part of Octopus Energy Topco Limited groupIduna Electric Vehicle Charging Infrastructure 2 PLC made £292k revenue and a £889k loss in the year to 31 Dec 2025.
Iduna Electric Vehicle Charging Infrastructure 2 PLC’s revenue grew 73% to £292k in the year to 31 Dec 2025, with a loss of £889k and 0 employees. The company is classified under “activities of other holding companies” and is based in Westcliff-on-Sea; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Westcliff-on-Sea, East of England
- Age
- 4 yrs · since 2021
- Type
- Public Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
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 | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £0 | £42.7k | £169k | £292k |
| Cost of sales | £226k | £333k | £498k | £576k |
| Gross profit | −£226k | −£290k | −£328k | −£284k |
| Operating profit | −£426k | −£394k | −£617k | −£510k |
| Profit before tax | −£678k | −£744k | −£970k | −£889k |
| Profit after tax | −£678k | −£744k | −£970k | −£889k |
| Profit (best available) | −£678k | −£744k | −£970k | −£889k |
| Employees (average) | 0 | 0 | 0 | 0 |
| Ratios | ||||
| Profit margin | — | −1741% | −572.5% | −304% |
| Gross margin | — | −678.2% | −193.8% | −97.1% |
| Growth (year on year) | ||||
| Revenue growth | — | — | ▲296.6% | ▲72.5% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £2.2m | £186k | £189k | £241k |
| Net assets | −£628k | −£1.4m | −£2.3m | −£3.2m |
| Fixed assets | £1.6m | £2.8m | £2.4m | £2.4m |
| Current assets | £2.3m | £703k | £718k | £677k |
| Debtors | £0 | £18.7k | £12.8k | £0 |
| Deferred income | £5.7k | £63.7k | £111k | £83.6k |
| Cash from operations | −£79.6k | −£502k | £149k | £271k |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Jun 2025 | FullAccounts · bulk data Jun 2026 |
How the business works
- Profit margin
- −304%
- Profit ÷ revenue.
- Gross margin
- −97.1%
- 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
- 810.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 28.6%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0%
- 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
- —
- Now −£3.2m
- Cash at bank
- ▲27%
- Now £241k
- Headcount
- —
- Now 0
- Deferred income
- ▼24%
- Now £83.6k
- Fixed assets
- ▼3%
- Now £2.4m
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 Ev Charging Holdco Limited75–100%
- Iduna Infrastructure Limited75–100%
- Iduna Evci Holdings Limited75–100%
- Iduna Electric Vehicle Charging Infrastructure 2 PLCthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (3)
- Mer Charging UK LimitedRev. £5.9m · Profit −£7.2m
- Iduna Electric Vehicle Charging Infrastructure PLCRev. £345k · Profit −£1.8m
- Amey Map Services LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit −£889k), from the Companies House accounts bulk data published Jun 2026. 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.