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Noriker Power Ltd

09675162

active
Private Limited Company
england wales
Companies House
Health Score
94 / 100

Healthy

30/30
Filing
30/30
Financial
34/40
Risk
  • 3 outstanding charges (-6)

Details

FOURTH FLOOR THE QUADRANGLE, CHELTENHAM, GL50 1PZ
Incorporated 07/07/2015

Compliance

Last accounts

31/07/2025

total exemption full

Next accounts due

30/04/2027

On track

Confirmation statement

Last: 20/06/2025

Due 04/07/2026

On track

Industry

35110
Production of electricity

Officers

Dr Marc Jason Thomas

director · Since 07/07/2015

ENGINEER

BRITISH · UNITED KINGDOM · Age 59

Also on 13 other boards

Dr Zhenni Wang

director · Since 07/11/2017

ENGINEERING CONSULTANT

BRITISH · UNITED KINGDOM · Age 72

Also on 4 other boards

Mr Oscar Lyndon Rees Knight

director · Since 08/08/2025

PROGRAMME MANAGER

BRITISH · ENGLAND · Age 32

Also on 10 other boards

Mr Jack Owen Wilkins

director · Since 08/08/2025

HEAD OF ENGINEERING

BRITISH · ENGLAND · Age 33

Also on 3 other boards

Persons with Significant Control

Rainiko Ltd

75–100% shares
75–100% votes

Fourth Floor, The Quadrangle, Imperial Square, Cheltenham, GL50 1PZ

Reg: 12030897 · The Registrar Of Companies · Private Company Limited By Shares

Notified 25/07/2019

Former PSCs

Dr Marc Jason Thomas

Ceased 25/07/2019

Gresham House Plc

Ceased 21/05/2021

Equinor New Energy Limited

Ceased 10/04/2025

Charges3 outstanding

Charge
outstanding

SECURED FIXED INCOME PLC

Created 11/09/2025Registered 16/09/2025
Charge
outstanding

TRIPLE POINT ADVANCR LEASING PLC

Created 10/04/2025Registered 13/04/2025
Charge
satisfied

EQUINOR NEW ENERGY LIMITED AS THE LENDER.

Created 09/04/2025Registered 10/04/2025Satisfied 23/04/2025
Charge
satisfied

EQUINOR NEW ENERGY LIMITED

Created 11/02/2025Registered 12/02/2025Satisfied 16/04/2025
Charge
satisfied

METKA EGN LIMITED

Created 24/12/2020Registered 12/01/2021Satisfied 10/07/2023
Charge
satisfied

GRESHAM HOUSE ENERGY STORAGE HOLDINGS PLC

Created 24/12/2020Registered 06/01/2021Satisfied 10/07/2023
Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 23/12/2020Registered 06/01/2021
Charge
satisfied

HC ESS3 LIMITED

Created 27/06/2018Registered 05/07/2018Satisfied 30/07/2020
Charge
satisfied

NORIKER STAUNCH LTD

Created 28/06/2018Registered 05/07/2018Satisfied 30/07/2020
Charge
satisfied

HC ESS2 LIMITED

Created 29/12/2017Registered 05/01/2018Satisfied 30/07/2020

CompanyRankvs 409+ SIC 35110 peers
66

Financial strength91th percentile among SIC peers · 23/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.28× · 12/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength23/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity11/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/07/2025

Turnover

£1.0M

Annual revenue

Net Worth

£1.1M

Balance sheet strength

Cash

£264k

Cash in the bank

Profit Before Tax

£16.0M

Bottom line earnings

Net Current Assets

£671k

Working capital

Current Assets

£3.0M

Current Liabilities

£2.4M

Fixed Assets

£449k

Debtors

£2.7M

Cost of Sales

£2k

Gross Profit

£1.0M

Admin Expenses

£4.1M

Profit After Tax

£16.0M

49avg. employees

Tax at Year End(2022)

Corp tax£425k

Balance Sheet

Bank loans & overdrafts£222k
Assets less current liabilities£1.1M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20251.28+£0
20251.28-£4.5M
20248.62-£2.1M
202311.39-£259k
202218.00+£4.9M
20213.80+£1.8M
20202.66-£2.9M
20191.46+£4.1M
20181.61

Derived from filed accounts. Not audited figures.