Filing status
- Accounts due
- 31 December 2026
- Last accounts
- 31 December 2024
- Conf. stmt due
- 18 November 2027
- Last conf. stmt
- 4 November 2026
Powerverse Development Limited
- Incorporated
- 4 November 2013 (13 years)
- Previously known as
- Lightsource Labs Holdings Limited (until 11 May 2023)Lightsource SPV 117 Limited (until 17 April 2018)This list may be incomplete. See all names on Companies House
- Industry
- Production of electricity (35110)
- Directors
- Richard Britton
- Owned by
- Accounts type
- Total exemption full
- Region
- Greater London
- Address
- Sustainable WorkspacesCounty Hall5th FloorThe Riverside BuildingBelvedere RoadLondonSE1 7PB
Officers 2 active
Officer details are public data from the Companies House register.
Britton, Richard
Director · Appointed 9 October 2023
British
Born November 1974
Malaysian
Born December 1981 (44)
Officer history (7 former)
9 October 2023
9 October 2023
9 October 2023
9 October 2023
Appointed Britton, Richard as Director
12 August 2022
22 June 2022
30 May 2022
4 May 2022
4 May 2022
4 May 2022
1 April 2019
4 March 2019
5 October 2016
5 October 2016
4 November 2013
4 November 2013
Ownership 1 active
People and entities with significant control, from the Companies House PSC register
Corporate entity · Notified 12 July 2023
Owns 75–100% of shares
Holds 75–100% of voting rights
Right to appoint and remove directors
Private Company Limited By Shares
Reg. no. 14859819
Former controllers (2)
12 July 2023
Ceased Lightsource Holdings 3 Limited — Owns 75–100% of shares
24 November 2017
Ceased Lightsource Renewable Energy Holdings Limited — Owns 75–100% of shares
Group structure 3 companies
Ownership group derived from the Companies House PSC register
Powerverse Development Limited This company Owns 75–100% of shares
Powerverse UK Limited Owns 75–100% of shares
Financials
Balance sheet as at 31 December 2024 · total exemption full accounts
- Net Assets
- (£2,366,574)
- Cash
- £423,675
- Turnover
- £784,025
- Profit Before Tax
- £9,573,779
- Employees
- 30
- Debt Ratio
- 284%
- Current Ratio
- 0.6x
Balance sheet detail
| 2024 | |
|---|---|
| Fixed Assets | £31,405 |
| Current Assets | £1,253,979 |
| Debtors | £830,304 |
| Cash | £423,675 |
| Creditors (< 1 year) | £2,230,283 |
| Creditors (> 1 year) | £1,421,675 |
| Net Current Assets | (£976,304) |
| Net Assets | (£2,366,574) |
| Shareholder Funds | (£2,366,574) |
| Turnover | £784,025 |
| Cost of Sales | £2,120,111 |
| Gross Profit | (£1,336,086) |
| Admin Expenses | £6,975,550 |
| Operating Profit | £9,595,454 |
| Profit Before Tax | £9,573,779 |
| Tax | £0 |
| Profit for Period | £9,573,779 |
Filings
Recent filings only. See the full history on Companies House
| Date | Description | Made Up To | Pages | |
|---|---|---|---|---|
| 5 November 2026 | Confirmation statement with no updates | 4 November 2026 | ||
| 16 December 2025 | Confirmation statement with no updates | 4 November 2025 | ||
| 30 September 2025 | Total exemption full accounts | 31 December 2024 | ||
| 29 November 2024 | Confirmation statement with no updates | 4 November 2024 | ||
| 17 November 2024 | Other filing |
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