WEST MIDLANDS GRID STORAGE TWO LTD

Active London

Trade of electricity

2 employees website.com
Trade of electricity
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WEST MIDLANDS GRID STORAGE TWO LTD

Trade of electricity

Founded 24 Feb 2017 Active London, England 2 employees website.com
Trade of electricity
Accounts Submitted 10 Jun 2025 Next due 30 Sept 2026 4 months remaining
Confirmation Submitted 9 Mar 2026 Next due 9 Mar 2027 9 months remaining
Net assets £-3M £1M 2024 year on year
Total assets £2M £671K 2024 year on year
Total Liabilities £4M £378K 2024 year on year
Charges None No charges registered

Contact & Details

Contact

Registered Address

C/O Gresham House Asset Management Limited 5 New Street Square London EC4A 3TW England

Full company profile for WEST MIDLANDS GRID STORAGE TWO LTD (10637338), an active company based in London, England. Incorporated 24 Feb 2017. Trade of electricity. View financials, directors, shareholders, and filings.

Business Summary

This company specializes in providing innovative solutions and services across multiple sectors.

Products & Services

consulting software analytics integration

Reports

Credit Report

In-depth credit score, financial analysis, risk assessment and company intelligence.

Financials

Financials

Period 1 Jan → 31 Dec 2024
Type Total Exemption Full
Next accounts 31 December 2025
Due by 30 September 2026 9 months

Balance Sheet & P&L (2017–2024)

Cash in Bank

£114.57k

Increased by £104.86k (+1081%)

Net Assets

-£2.75M

Decreased by £1.05M (-62%)

Total Liabilities

£4.37M

Increased by £377.77k (+9%)

Turnover

£230.18k

Decreased by £68.74k (-23%)

Employees

2

Decreased by 1 (-33%)

Debt Ratio

270%

Increased by 96 (+55%)

Financial History

Revenue, profit, EBITDA and key financial figures

2024
Dec Year End
2023
Dec Year End
P&L
Revenue
£142.3M
£128.7M
Gross Profit
£48.2M
£43.1M
Operating Profit
£22.4M
£19.8M
Net Profit
£18.1M
£15.9M
EBITDA
£31.5M
£28.2M
Assets
Cash
£24.7M
£21.3M
Total Assets
£89.4M
£82.1M
Liabilities
Total Liabilities
£45.2M
£41.8M
Key Metrics
Employees
1,247
1,156
Latest Revenue
£142.3M
Latest EBITDA
£31.5M
Cash Position
£24.7M

Funding

Fundraising & Grants

No fundraising or grants recorded

Investors (0)

No investor information available

Officers

Officers

0 active 3 resigned
Status

No officers found

No officers found

Shareholders

Shareholders (1)

Grid Holdco 1 Limited
100.0%
1,000

Persons with Significant Control

Persons with Significant Control (2)

2 Active 6 Ceased
Notified 9 Oct 2020
Nature of Control
  • Ownership Of Shares 75 To 100 Percent,voting Rights 75 To 100 Percent

Grid Holdco 1 Limited

Unknown

Active
Notified 22 Aug 2025
Nature of Control
  • Ownership Of Shares 75 To 100 Percent
  • Ownership Of Shares 75 To 100 Percent As Firm
  • Voting Rights 75 To 100 Percent
  • Voting Rights 75 To 100 Percent As Firm
  • Right To Appoint And Remove Directors As Firm
  • Significant Influence Or Control As Firm
Ceased
Ceased

Hc Ess2 Limited

Ceased 11 Jul 2017

Ceased

Gresham House Devco Limited

Ceased 4 Feb 2020

Ceased

Noriker Power Ltd

Ceased 4 Feb 2020

Ceased

Hc Ess 1 Llp

Ceased 16 Jan 2019

Ceased

Group Structure

Group Structure

WEST MIDLANDS GRID STORAGE TWO LTD Current Company

Charges

Charges

No charges registered

Properties

Properties

1 leasehold 1 total
AddressTenurePrice PaidDate Added
Land on the west side of Commercial Road, Wolverhampton WOLVERHAMPTON
Leasehold-29 Apr 2019
Land on the west side of Commercial Road, Wolverhampton
Leasehold
Added 29 Apr 2019
District WOLVERHAMPTON

Documents

Company Filings

DateCategoryDescriptionDocument
9 Mar 2026Confirmation StatementConfirmation statement made on 23 Feb 2026 with updates
4 Sept 2025Persons With Significant ControlGrid Holdco 1 Limited notified as a person with significant control
4 Sept 2025Persons With Significant ControlCessation of Gresham House Energy Storage Holdings Ltd as a person with significant control on 22 Aug 2025
10 Jun 2025AccountsAnnual accounts made up to 31 Dec 2024
11 Mar 2025Confirmation StatementConfirmation statement made on 23 Feb 2025 with updates
9 Mar 2026 Confirmation Statement

Confirmation statement made on 23 Feb 2026 with updates

4 Sept 2025 Persons With Significant Control

Grid Holdco 1 Limited notified as a person with significant control

4 Sept 2025 Persons With Significant Control

Cessation of Gresham House Energy Storage Holdings Ltd as a person with significant control on 22 Aug 2025

10 Jun 2025 Accounts

Annual accounts made up to 31 Dec 2024

11 Mar 2025 Confirmation Statement

Confirmation statement made on 23 Feb 2025 with updates

Recent Activity

Latest Activity

Confirmation statement made on 23 Feb 2026 with updates

2 months ago on 9 Mar 2026

Grid Holdco 1 Limited notified as a person with significant control

8 months ago on 4 Sept 2025

Cessation of Gresham House Energy Storage Holdings Ltd as a person with significant control on 22 Aug 2025

8 months ago on 4 Sept 2025

Annual accounts made up to 31 Dec 2024

11 months ago on 10 Jun 2025

Confirmation statement made on 23 Feb 2025 with updates

1 years ago on 11 Mar 2025