HGEN2 LIMITED

Active Aberdeen

Activities of other holding companies n.e.c.

7 employees website.com
Supply chain, manufacturing and commerce models Advanced & precision manufacturing Activities of other holding companies n.e.c.
H

HGEN2 LIMITED

Activities of other holding companies n.e.c.

Founded 8 Jun 2021 Active Aberdeen, Scotland 7 employees website.com
Supply chain, manufacturing and commerce models Advanced & precision manufacturing Activities of other holding companies n.e.c.

Previous Company Names

IRIDIUM 2 LIMITED 8 Jun 2021 — 21 Jul 2021
Accounts Submitted 10 Jan 2026 Next due 30 Sept 2026 3 months remaining
Confirmation Submitted 18 Jun 2025 Next due 21 Jun 2026 12 days remaining
Net assets £31M £3M 2024 year on year
Total assets £57M £7M 2024 year on year
Total Liabilities £26M £4M 2024 year on year
Charges 7
2 outstanding 5 satisfied

Contact & Details

Contact

Registered Address

Gateway Business Park Moss Road Nigg Aberdeen AB12 3GQ Scotland

Telephone

0800 000 0000

Email

info@example.com

Website

www.example.com

Full company profile for HGEN2 LIMITED (SC701049), an active supply chain, manufacturing and commerce models company based in Aberdeen, Scotland. Incorporated 8 Jun 2021. Activities of other holding companies n.e.c.. 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 audit-exemption-subsidiary
Next accounts 31 Dec 2025
Due by 30 Sept 2026 3 months remaining

Net Assets, Total Assets & Total Liabilities (2021–2024)

Cash in Bank

N/A

Net Assets

£30.71M

Increased by £3.02M (+11%)

Total Liabilities

£25.82M

Increased by £3.51M (+16%)

Turnover

N/A

Employees

7

Increased by 2 (+40%)

Debt Ratio

46%

Increased by 1 (+2%)

Financial History

Revenue, profit, EBITDA and key financial figures

2024
31 Dec Year End
2023
31 Mar 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

2 Allotments 30,120,000 Shares £30.12m Total
Date FromShare ClassShares AllottedAmount RaisedPrice/Share
26 Sept 20228,000,000£8.00m£8.00m
9 Jul 202122,120,000£22.12m£1

Officers

Officers

2 active 1 resigned
Status
Colin Ian WelshDirectorBritishScotland668 Jun 2021Active
Corray, Jeffery Neal JosephDirectorMalaysianScotland6328 Sept 2025Active

Shareholders

Shareholders (2)

Hgen2 Energy Ventures Limited
100.0%
30,120,001
Natwest Fis Nominees Limited
0.0%
0

Persons with Significant Control

Persons with Significant Control (1)

1 Active
Active
Notified 8 Jun 2021
Nature of Control
  • Ownership Of Shares 75 To 100 Percent,voting Rights 75 To 100 Percent

Group Structure

Group Structure

D2ZERO LIMITED united kingdom
BUCHAN 1 LIMITED united kingdom
HGEN2 LIMITED Current Company
FUEL CELL SYSTEMS LTD united kingdom
HYDRASUN LIMITED united kingdom

Charges

Charges

2 outstanding 5 satisfied

Properties

Properties

0 total

No related properties

Documents

Company Filings

DateCategoryDescriptionDocument
9 Apr 2026OfficersAppointment of Emma Jayne Kilner-Abazed as director on 3 Nov 2025
10 Jan 2026OtherNotice of agreement to exemption from audit of accounts for period ending 31/12/24
10 Jan 2026AccountsAnnual accounts made up to 31 Dec 2024
10 Jan 2026AccountsAnnual accounts filed
10 Jan 2026OtherAudit exemption statement of guarantee by parent company for period ending 31/12/24
9 Apr 2026 Officers

Appointment of Emma Jayne Kilner-Abazed as director on 3 Nov 2025

10 Jan 2026 Other

Notice of agreement to exemption from audit of accounts for period ending 31/12/24

10 Jan 2026 Accounts

Annual accounts made up to 31 Dec 2024

10 Jan 2026 Accounts

Annual accounts filed

10 Jan 2026 Other

Audit exemption statement of guarantee by parent company for period ending 31/12/24

Recent Activity

Latest Activity

Appointment of Emma Jayne Kilner-Abazed as director on 3 Nov 2025

2 months ago on 9 Apr 2026

Notice of agreement to exemption from audit of accounts for period ending 31/12/24

4 months ago on 10 Jan 2026

Annual accounts made up to 31 Dec 2024

4 months ago on 10 Jan 2026

Annual accounts filed

4 months ago on 10 Jan 2026

Audit exemption statement of guarantee by parent company for period ending 31/12/24

4 months ago on 10 Jan 2026