POWERVERSE DEVELOPMENT LIMITED

Active London

Production of electricity

30 employees website.com
Environment, agriculture and waste Production of electricity
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POWERVERSE DEVELOPMENT LIMITED

Production of electricity

Founded 4 Nov 2013 Active London, United Kingdom 30 employees website.com
Environment, agriculture and waste Production of electricity

Previous Company Names

LIGHTSOURCE LABS HOLDINGS LIMITED 17 Apr 2018 — 11 May 2023
LIGHTSOURCE SPV 117 LIMITED 4 Nov 2013 — 17 Apr 2018
Accounts Submitted 30 Sept 2025 Next due 30 Sept 2026 3 months remaining
Confirmation Submitted 16 Dec 2025 Next due 18 Nov 2026 5 months remaining
Net assets £-2M £10M 2024 year on year
Total assets £1M £3M 2024 year on year
Total Liabilities £4M £13M 2024 year on year
Charges None No charges registered

Contact & Details

Contact

Registered Address

Sustainable Workspaces, County Hall, 5th Floor, The Riverside Building, Belvedere Road London SE1 7PB United Kingdom

Website

www.example.com

Full company profile for POWERVERSE DEVELOPMENT LIMITED (08760287), an active environment, agriculture and waste company based in London, United Kingdom. Incorporated 4 Nov 2013. Production 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 Dec 2025
Due by 30 Sept 2026 3 months remaining

Balance Sheet & P&L (2014–2024)

Cash in Bank

£423.68k

Decreased by £111.64k (-21%)

Net Assets

-£2.37M

Increased by £9.57M (+80%)

Total Liabilities

£3.65M

Decreased by £12.83M (-78%)

Turnover

£784.02k

Increased by £519.91k (+197%)

Employees

30

Increased by 19 (+173%)

Debt Ratio

284%

Decreased by 79 (-22%)

Financial History

Revenue, profit, EBITDA and key financial figures

2024
31 Dec Year End
2023
31 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

2 active 1 resigned
Status
Grace ChoongDirectorMalaysianUnited Kingdom449 Oct 2023Active
Richard BrittonDirectorBritishUnited Kingdom519 Oct 2023Active

Shareholders

Shareholders (1)

Powerverse Investments Limited
100.0%

Persons with Significant Control

Persons with Significant Control (1)

1 Active 2 Ceased
Active
Notified 12 Jul 2023
Nature of Control
  • Ownership Of Shares 75 To 100 Percent,voting Rights 75 To 100 Percent,right To Appoint And Remove Directors
Ceased

Group Structure

Group Structure

POWERVERSE DEVELOPMENT LIMITED Current Company

Charges

Charges

No charges registered

Properties

Properties

0 total

No related properties

Documents

Company Filings

DateCategoryDescriptionDocument
16 Dec 2025Confirmation StatementConfirmation statement made on 4 Nov 2025 with no updates
30 Sept 2025AccountsAnnual accounts made up to 31 Dec 2024
29 Nov 2024Confirmation StatementConfirmation statement made on 4 Nov 2024 with no updates
17 Nov 2024OtherNotice of agreement to exemption from audit of accounts for period ending 31/12/23
17 Nov 2024OtherAudit exemption statement of guarantee by parent company for period ending 31/12/23
16 Dec 2025 Confirmation Statement

Confirmation statement made on 4 Nov 2025 with no updates

30 Sept 2025 Accounts

Annual accounts made up to 31 Dec 2024

29 Nov 2024 Confirmation Statement

Confirmation statement made on 4 Nov 2024 with no updates

17 Nov 2024 Other

Notice of agreement to exemption from audit of accounts for period ending 31/12/23

17 Nov 2024 Other

Audit exemption statement of guarantee by parent company for period ending 31/12/23

Recent Activity

Latest Activity

Confirmation statement made on 4 Nov 2025 with no updates

5 months ago on 16 Dec 2025

Annual accounts made up to 31 Dec 2024

8 months ago on 30 Sept 2025

Confirmation statement made on 4 Nov 2024 with no updates

1 years ago on 29 Nov 2024

Notice of agreement to exemption from audit of accounts for period ending 31/12/23

1 years ago on 17 Nov 2024

Audit exemption statement of guarantee by parent company for period ending 31/12/23

1 years ago on 17 Nov 2024