BALCAS SPV NO.2 LIMITED

Active Invergordon

Steam and air conditioning supply

0 employees website.com
Steam and air conditioning supply
B

BALCAS SPV NO.2 LIMITED

Steam and air conditioning supply

Founded 15 May 2013 Active Invergordon, Scotland 0 employees website.com
Steam and air conditioning supply
Accounts Submitted 2 Oct 2025 Next due 30 Sept 2026 4 months remaining
Confirmation Submitted 27 May 2025 Next due 29 May 2026 9 days remaining
Net assets £3M £348K 2024 year on year
Total assets £4M £140K 2024 year on year
Total Liabilities £961K £488K 2024 year on year
Charges 1
1 satisfied

Contact & Details

Contact

Registered Address

Unit 32 Cromarty Firth Industrial Park Invergordon IV18 0LT Scotland

Full company profile for BALCAS SPV NO.2 LIMITED (SC450100), an active company based in Invergordon, Scotland. Incorporated 15 May 2013. Steam and air conditioning supply. 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

Net Assets, Total Assets & Total Liabilities (2014–2024)

Cash in Bank

£17.88k

Decreased by £116.34k (-87%)

Net Assets

£2.60M

Increased by £348.24k (+15%)

Total Liabilities

£961.00k

Decreased by £488.02k (-34%)

Turnover

N/A

Employees

N/A

Debt Ratio

27%

Decreased by 12 (-31%)

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

Share Capital

Share Capital

Share allotments and capital structure

1 Allotment 46,499 Shares £46k Total
Date FromShare ClassShares AllottedAmount RaisedPrice/Share
12 Jul 201346,499£46k£1

Officers

Officers

2 active 1 resigned
Status
Mike GlennonDirectorIrishIreland6229 Oct 2021Active
Patrick John GlennonDirectorIrishIreland6529 Oct 2021Active

Shareholders

Shareholders (2)

Gren Energy Limited
55.0%
25,575
Balcas Limited
45.0%
20,925

Persons with Significant Control

Persons with Significant Control (2)

2 Active

Gren Energy Limited

Unknown

Active
Notified 18 Sept 2024
Nature of Control
  • Ownership Of Shares 75 To 100 Percent
  • Voting Rights 75 To 100 Percent
  • Right To Appoint And Remove Directors
Active
Notified 6 Apr 2016
Nature of Control
  • Ownership Of Shares 50 To 75 Percent

Group Structure

Group Structure

GREN ENERGY LIMITED united kingdom
GREN BIOMASS LIMITED united kingdom
BALCAS SPV NO.2 LIMITED Current Company

Charges

Charges

1 satisfied

Properties

Properties

0 total

No related properties

Documents

Company Filings

DateCategoryDescriptionDocument
20 Apr 2026AddressChange Registered Office Address Company With Date Old Address New Address
23 Jan 2026Persons With Significant ControlGren Energy Limited notified as a person with significant control
22 Jan 2026Persons With Significant ControlCessation of Equitix Esi Biomass Ltd as a person with significant control on 18 Sept 2024
2 Oct 2025AccountsAnnual accounts made up to 26 Dec 2024
27 May 2025Confirmation StatementConfirmation statement made on 15 May 2025 with updates
20 Apr 2026 Address

Change Registered Office Address Company With Date Old Address New Address

23 Jan 2026 Persons With Significant Control

Gren Energy Limited notified as a person with significant control

22 Jan 2026 Persons With Significant Control

Cessation of Equitix Esi Biomass Ltd as a person with significant control on 18 Sept 2024

2 Oct 2025 Accounts

Annual accounts made up to 26 Dec 2024

27 May 2025 Confirmation Statement

Confirmation statement made on 15 May 2025 with updates

Recent Activity

Latest Activity

Change Registered Office Address Company With Date Old Address New Address

4 weeks ago on 20 Apr 2026

Gren Energy Limited notified as a person with significant control

3 months ago on 23 Jan 2026

Cessation of Equitix Esi Biomass Ltd as a person with significant control on 18 Sept 2024

3 months ago on 22 Jan 2026

Annual accounts made up to 26 Dec 2024

7 months ago on 2 Oct 2025

Confirmation statement made on 15 May 2025 with updates

11 months ago on 27 May 2025