Tepco Power Grid UK Limited
Registered name: TEPCO POWER GRID UK LIMITED
Part of Tokyo Electric Power Company Holdings, Incorporated groupTepco Power Grid UK Limited made £150k revenue and a £993k loss in the year to 31 Dec 2023.
Tepco Power Grid UK Limited’s revenue was £150k in the year to 31 Dec 2023, with a loss of £993k and 6 employees. The company is classified under “transmission of electricity” and is based in London; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 4 yrs · since 2022
- 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. From the filing: “TEPCO Power Grid”
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 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £0 | £150k |
| Profit after tax | £621k | −£993k |
| Profit (best available) | £621k | −£993k |
| Employees (average) | 1 | 6 |
| Ratios | ||
| Profit margin | — | −663.6% |
| Revenue per employee | £0 | £24.9k |
| Profit per employee | £621k | −£166k |
| Growth (year on year) | ||
| Profit growth | — | ▼259.8% |
| Headcount growth | — | ▲500% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £36.1m | £17.4m |
| Net assets | £55.3m | £68.7m |
| Current assets | £36.3m | £18.1m |
| Debtors | £0 | £8.1k |
| Cash from operations | £643k | −£1.5m |
| Source | Accounts · bulk data Dec 2024 | Accounts · bulk data Dec 2024 |
How the business works
- Profit margin
- −663.6%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £24.9k
- Revenue ÷ average employees.
- Profit per employee
- −£166k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 5.4%
- 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
- ▲24%
- Now £68.7m
- Cash at bank
- ▼52%
- Now £17.4m
- Headcount
- ▲500%
- Now 6
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Tokyo Electric Power Company Holdings, Incorporated (registered outside the UK register)ultimate parent75–100%
- Tepco Power Grid UK Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- FI1 LimitedRev. — · Profit £0
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
Sources
Latest figures from accounts for the year to 31 Dec 2023 (profit −£993k), from the Companies House accounts bulk data published Dec 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.