How much does Flexitricity Limited make?

Flexitricity Limited reported revenue of £97.1m and a loss of £5.8m in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Flexitricity Limited have?

Flexitricity Limited reported an average of 75 employees in the year to 31 Mar 2025.

Is Flexitricity Limited profitable?

No — Flexitricity Limited reported a loss of £5.8m in the year to 31 Mar 2025.

Company No. SC263298 · Incorporated 11 Feb 2004

Flexitricity Limited

Registered name: FLEXITRICITY LIMITED

Part of Drax Group PLC group

Flexitricity Limited made £97.1m revenue and a £5.8m loss in the year to 31 Mar 2025. read from filing text

Flexitricity Limited’s revenue grew 19% to £97.1m in the year to 31 Mar 2025, with a loss of £5.8m and 75 employees. The company is classified under “trade of electricity” and is based in Aberdeen; we hold 4 years of its filed accounts.

Full P&L filedSection D · Electricity, gas, steam and air conditioning supplySIC 35140Trade of electricity

Status: Active
Location: Aberdeen, Scotland
Age: 22 yrs · since 2004
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

Capital-lightCash flow filed

Revenue

£97.1m

Growth ▲18.9%

Profit

−£5.8m

Growth —

Profit margin

−6%

Gross 2.3%

Employees

Change ▲8.7%

Profit / employee

−£77.6k

Revenue/employee £1.3m

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.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2022	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	Full P&L	Full P&L	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£69.8m	£159m	£81.6m	£97.1m
Cost of sales	£66.2m	£154m	£79.5m	£94.8m
Gross profit	£3.6m	£5.3m	£2.2m	£2.3m
Operating profit	−£123k	−£7k	−£4.4m	−£4.2m
Profit before tax	−£789k	−£1.1m	−£5.8m	−£5.8m
Profit after tax	−£789k	−£1.1m	−£5.8m	−£5.8m
Profit (best available)	−£789k	−£1.1m	−£5.8m	−£5.8m
Staff costs	£2.6m	£4.2m	£4.9m	£5.5m
Employees (average)	48	53	69	75
Ratios
Profit margin	−1.1%	−0.7%	−7.1%	−6%
Gross margin	5.2%	3.4%	2.6%	2.3%
Revenue per employee	£1.5m	£3m	£1.2m	£1.3m
Profit per employee	−£16.4k	−£20.1k	−£84.1k	−£77.6k
Growth (year on year)
Revenue growth	—	▲127.9%	▼48.7%	▲18.9%
Headcount growth	—	▲10.4%	▲30.2%	▲8.7%
Balance sheet — indirect signals, not revenue
Cash at bank	£3.6m	£4.4m	£1.5m	£3m
Net assets	−£6.3m	−£7.3m	−£13.1m	−£19m
Fixed assets	£146k	£197k	£248k	£308k
Current assets	£15m	£32.3m	£17.6m	£21.2m
Debtors	£2.2m	£5.4m	£2m	£2.4m
Deferred income	£9.9m	£18.4m	£9.9m	£16.3m
Cash from operations	−£888k	£5m	£5.4m	−£1.8m
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023	FullAccounts · bulk data Oct 2024	FullAccounts · bulk data Nov 2025

Derived from the latest filing

How the business works

Profit margin: −6%; Profit ÷ revenue.
Gross margin: 2.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £1.3m; Revenue ÷ average employees.
Profit per employee: −£77.6k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.3%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 16.8%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 2.4%; 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 −£19m
Cash at bank: ▲99%; Now £3m
Headcount: ▲9%; Now 75
Deferred income: ▲64%; Now £16.3m
Fixed assets: ▲24%; Now £308k

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

Drax Group PLCultimate parent75–100%
Drax Group Holdings Limited75–100%
Drax Corporate Limited75–100%
Drax Smart Generation Holdco Limited75–100%
Flexitricity Limitedthis company

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

Sister companies (8)

Abergelli Power LimitedFigures not disclosed
Drax Bess Holdco LimitedFigures not disclosed
Drax Fuel Supply LimitedLiquidationFigures not disclosed
Drax Generation Developments LimitedFigures not disclosed
Drax Hydro LimitedFigures not disclosed
Hirwaun Power LimitedFigures not disclosed
Millbrook Power LimitedFigures not disclosed
Progress 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 −£5.8m), from the Companies House accounts bulk data published Nov 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.