SECOND GENERATION PORTFOLIO 1 LIMITED

Accounts Submitted 9 Oct 2025

Confirmation Statement Submitted 27 Aug 2025

Net assets £-2.15M £887.35K 2023 year on year

Total assets £49.76M £3.01M 2023 year on year

Total Liabilities £51.90M £2.12M 2023 year on year

Charges 2

2 outstanding

AI Analysis

Analyze director networks, ownership patterns, and company connections

CompanyTrack AI can make mistakes. Check important info.

Contact & Details

Contact

Update Details

Registered Address

C/O Foresight Group Llp The Shard 32 London Bridge Street London SE1 9SG England

Credit Report

Discover SECOND GENERATION PORTFOLIO 1 LIMITED's Credit Score, limit, and payment likelihood.

Mutual Companies

See All Mutual Companies

Financials

Period 1 Jan → 31 Dec 2023

Type Total Exemption Full

Next accounts 31 December 2024

Due by 30 September 2025 9 months

Net Assets, Total Assets & Total Liabilities (2017–2023)

Cash in Bank

£5.56M

Decreased by £740.09k (-12%)

Net Assets

-£2.15M

Decreased by £887.35k (-70%)

Total Liabilities

£51.90M

Decreased by £2.12M (-4%)

Turnover

£8.36M

Increased by £356.00k (+4%)

Employees

N/A

Debt Ratio

104%

Increased by 2 (+2%)

Financial History

Revenue, profit, EBITDA and key financial figures

	2023 Dec Year End	2022 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 allotments and capital structure

1 Allotment 6,254,643 Shares £6.25m Total

Date From	Share Class	Shares Allotted	Amount Raised	Price/Share
23 Jul 2015	ORDINARY	6,254,643	£6.25m	£1

Officers

3 active 4 resigned

Show resigned officers

						Status
David Goodwin	Director	British	England	38	15 Oct 2023	Active
Graham Ernest Shaw	Director	British	England	76	19 Apr 2018	Active
Julian Elsworth	Director	British	United Kingdom	48	8 May 2024	Active

Shareholders

Shareholders (2)


Second Generation Portfolio 1 Holdings Limited	100.0%	1,687,007	Ordinary	10 May 2016
Second Generation Limited	0.0%	0	Ordinary	10 May 2016

Persons with Significant Control

Persons with Significant Control (1)

1 Active

Second Generation Portfolio 1 Holdings Limited

United Kingdom

Active

Notified 6 Apr 2016

Nature of Control

Ownership Of Shares 75 To 100 Percent
Voting Rights 75 To 100 Percent
Right To Appoint And Remove Directors

See All Controllers

Group Structure

SECOND GENERATION PORTFOLIO 1 HOLDINGS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

FS HOLDCO 3 LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

FS RCF DEBTCO LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

FORESIGHT SOLAR (UK HOLDCO) LIMITED united kingdom

SECOND GENERATION PORTFOLIO 1 LIMITED Current Company

SECOND GENERATION COOMBESHEAD LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

SECOND GENERATION PARK FARM LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

SECOND GENERATION SAWMILLS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

SECOND GENERATION VERWOOD LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

SECOND GENERATION YARDWALL LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

TENGORE SOLAR LTD united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

Charges

2 outstanding

Documents

Company Filings

Date	Category	Description	Document
9 Oct 2025	Accounts	Annual accounts made up to 2024-12-31	View(29 pages)
3 Sept 2025	Gazette	Gazette Filings Brought Up To Date	View(1 page)
2 Sept 2025	Gazette	Gazette Notice Compulsory	View(1 page)
27 Aug 2025	Confirmation Statement	Confirmation statement made on 2025-06-11 with no updates	View(3 pages)
7 Jan 2025	Officers	Change to director David Goodwin on 2024-08-30	View(2 pages)