CompanyTrack
K

KRAKENFLEX LIMITED

Active London

Other information technology service activities

190 employees Website
Environment, agriculture and waste Other information technology service activities
K

KRAKENFLEX LIMITED

Other information technology service activities

Founded 3 Jul 2014 Active London, United Kingdom 190 employees krakenflex.com
Environment, agriculture and waste Other information technology service activities
Accounts Submitted 4 Feb 2025
Confirmation Statement Submitted 8 Jul 2025
Net assets £-13.74M £8.16M 2024 year on year
Total assets £27.91M £18.06M 2024 year on year
Total Liabilities £41.66M £26.22M 2024 year on year
Charges 2
2 satisfied

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Contact & Details

Registered Address

Uk House, 5th Floor 164-182 Oxford Street London W1D 1NN United Kingdom

Office ()

Manchester, Manchester, United Kingdom, Europe

Credit Report

Discover KRAKENFLEX LIMITED's Credit Score, limit, and payment likelihood.

Mutual Companies

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

£3.57M

Increased by £3.23M (+936%)

Net Assets

-£13.74M

Decreased by £8.16M (-146%)

Total Liabilities

£41.66M

Increased by £26.22M (+170%)

Turnover

£6.46M

Increased by £4.45M (+222%)

Employees

190

Increased by 101 (+113%)

Debt Ratio

149%

Decreased by 8 (-5%)

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

£969k awarded
Show:

Investors (0)

No investor information available

Share Capital

Share Capital

Share allotments and capital structure

20 Allotments 152,114 Shares £1.25m Total
Date FromShare ClassShares AllottedAmount RaisedPrice/Share
30 Oct 202040,000£40£0.001
30 Oct 202088,376£88.376£0.001
24 Mar 202016,640£95k£5.709
27 Oct 20176,000£106k£17.6
30 Mar 2017117£117k£1k

Officers

Officers

3 active 7 resigned
Status
Devrim CelalDirectorCypriotUnited Kingdom5521 Dec 2017Active
Timothy David HealDirectorBritishUnited Kingdom4130 Oct 2020Active
Zoisa Leah North-bondDirectorBritishUnited Kingdom4630 Oct 2020Active

Shareholders

Shareholders (48)

Whitney Innovation Fund L.p
0.0%
06 Aug 2021
Systemiq Incubation Limited
0.0%
06 Aug 2021
Sophie Marple
0.0%
06 Aug 2021

Persons with Significant Control

Persons with Significant Control (1)

1 Active 1 Ceased

Kraken Technologies Limited

United Kingdom

Active
Notified 30 Oct 2020
Nature of Control
  • Ownership Of Shares 75 To 100 Percent
  • Voting Rights 75 To 100 Percent
  • Right To Appoint And Remove Directors

Graham David Oakes

Ceased 21 Dec 2017

Ceased

Group Structure

Group Structure

KRAKEN TECHNOLOGIES LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
OCTOPUS ENERGY GROUP LIMITED united kingdom shares 25 to 50 percent, voting rights 25 to 50 percent, appoint/remove directors
OCTOPUS ENERGY HOLDCO LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
OE HOLDCO LTD united kingdom
KRAKENFLEX LIMITED Current Company

Charges

Charges

2 satisfied

Documents

Company Filings

DateCategoryDescriptionDocument
8 Jul 2025Confirmation StatementConfirmation statement made on 2025-07-03 with no updatesView(3 pages)
13 May 2025Persons With Significant ControlChange to Kraken Technologies Limited as a person with significant control on 2025-05-12View(2 pages)
4 Feb 2025OtherAudit exemption statement of guarantee by parent company for period ending 30/04/24View(3 pages)
4 Feb 2025OtherNotice of agreement to exemption from audit of accounts for period ending 30/04/24View(1 page)
4 Feb 2025AccountsAnnual accounts made up to 2024-04-30View(19 pages)
8 Jul 2025 Confirmation Statement

Confirmation statement made on 2025-07-03 with no updates

13 May 2025 Persons With Significant Control

Change to Kraken Technologies Limited as a person with significant control on 2025-05-12

4 Feb 2025 Other

Audit exemption statement of guarantee by parent company for period ending 30/04/24

4 Feb 2025 Other

Notice of agreement to exemption from audit of accounts for period ending 30/04/24

4 Feb 2025 Accounts

Annual accounts made up to 2024-04-30

Recent Activity

Latest Activity

Confirmation statement made on 2025-07-03 with no updates

7 months ago on 8 Jul 2025

Change to Kraken Technologies Limited as a person with significant control on 2025-05-12

9 months ago on 13 May 2025

Audit exemption statement of guarantee by parent company for period ending 30/04/24

1 years ago on 4 Feb 2025

Notice of agreement to exemption from audit of accounts for period ending 30/04/24

1 years ago on 4 Feb 2025

Annual accounts made up to 2024-04-30

1 years ago on 4 Feb 2025