Carrex Flexible Storage Limited
Production of electricity · London
ActiveUnited KingdomIncorporated 2018Private Limited Company
Financial position
Accounts to 2026-03-31 · GBP · Group accounts
Net assets
£3,275,000
Cash
£9,472,000
Turnover
£138,000
Profit / loss
£3,228,000
Current assets
£12,478,000
Creditors < 1 year
£53,917,000
Equity
£3,275,000
Average employees
0
Balance-sheet trend
GBP · consolidatedTwo periods with a known, matching scope are needed for a trend.
Financial statements
Selected figures from the best-ranked available filing for each period. Missing values remain unknown.
Some figures were read by AI from scanned accounts, so small errors are possible. View the filed accounts
| Reported figures | 2026-03-31Group · AI-read | 2025-03-31Company | 2024-03-31Company | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 | 2019-03-31 |
|---|---|---|---|---|---|---|---|---|
| Balance sheet | ||||||||
| Net assets | £3,275,000 | £1 | £1 | £1 | £1 | £1 | £1 | £1 |
| Equity | £3,275,000 | £1 | £1 | £1 | £1 | £1 | £1 | £1 |
| Retained earnings | £3,275,000 | — | — | — | — | — | — | — |
| Assets | ||||||||
| Fixed assets | £96,786,000 | — | — | — | — | — | — | — |
| Property, plant & equipment | £91,334,000 | — | — | — | — | — | — | — |
| Investments | £1,026,000 | — | — | — | — | — | — | — |
| Current assets | £12,478,000 | — | — | — | — | — | — | — |
| Cash at bank | £9,472,000 | — | — | — | — | — | — | — |
| Debtors | £3,006,000 | — | — | — | — | — | — | — |
| Liabilities | ||||||||
| Creditors | £105,989,000 | — | — | — | — | — | — | — |
| Creditors within one year | £53,917,000 | — | — | — | — | — | — | — |
| Creditors after one year | £52,072,000 | — | — | — | — | — | — | — |
| Capital commitments | £95,264,000 | — | — | — | — | — | — | — |
| Profit & loss | ||||||||
| Turnover | £138,000 | — | — | — | — | — | — | — |
| Gross profit | £138,000 | — | — | — | — | — | — | — |
| Administrative expenses | £52,000 | — | — | — | — | — | — | — |
| Operating profit | £86,000 | — | — | — | — | — | — | — |
| Interest receivable | £4,464,000 | — | — | — | — | — | — | — |
| Interest payable | £25,000 | — | — | — | — | — | — | — |
| Profit before tax | £4,525,000 | — | — | — | — | — | — | — |
| Tax | £1,297,000 | — | — | — | — | — | — | — |
| Profit / loss | £3,228,000 | — | — | — | — | — | — | — |
| Operating costs | ||||||||
| Audit fees | £15,000 | — | — | — | — | — | — | — |
| People & pay | ||||||||
| Average employees | 0 | — | — | — | — | — | — | — |
| Source evidence | View filing | View filing | View filing | View filing | View filing | View filing | View filing | View filing |
From the accounts
What the accounts for 2026-03-31 say about themselves, read by AI from the scanned filing.
- Principal activity
- The CarrEx Flexible Storage Group is a developer, builder and owner of storage capacity in the UK focusing on utility scale distribution and transmission connected assets
- What it does
- storage capacity · utility scale distribution · transmission connected assets · energy storage project (AI keywords)
- Auditor
- KPMG LLP · senior statutory auditor James Ledward
- Audit opinion
- Clean (unmodified)
- Immediate parent
- Statera Energy Limited · England
- Ultimate parent
- EQT Infrastructure VI Investments S.à r.l · Luxembourg
- Accounts
- FRS 102
- Approved
- 2026-07-30, signed by Benedict Wright
Subsidiaries (2)
- Carrington Storage Limited
- Stat-Flex 3 Limited
Borrowings (4)
- senior project finance term loan · from a group consisting of Santander UK plc, Lloyds Bank plc, Siemens Bank GmbH London Branch, Mizuho Bank Limited National Westminster Bank plc and Skandinaviska Enskilda Banken · £214,000k (000s) · a margin above SONIA · the term facility terminates at 31 March 2038 · secured on first ranking fixed and floating charges over the assets of the respective companies
- VAT revolving facility · £9,000k (000s) · SONIA plus a margin · terminates on 31 March 2029 · secured on first ranking fixed and floating charges over the assets of the respective companies
- liquidity facility · £11,900k (000s) · SONIA plus a margin · the liquidity facility terminates at 31 March 2038 · secured on first ranking fixed and floating charges over the assets of the respective companies
- Amounts owing to intercompany · from Statera Energy Limited · 35,137 (000s) · the amounts are currently due to the wider Statera Group; Statera Energy Limited does not intend to seek repayment during the going concern assessment period
Directors' report (3)
- T A Vernon
- B W J T Wright
- A R G Troup
Share classes (1)
- 1 Ordinary Shares of £1 each of £1.00
Events after the year end (1)
- On 6 May 2026, the shares of the Company were sold by Statera Energy Limited to Statera Operating Holdings Limited, another company in the wider Statera group headed by Statera Investments Limited, for a consideration of £4,572,000.
Secured borrowing
Registered charges, lenders and security interests.
Charges and related records
4 outstanding chargesFixed · created 2026-05-06
—
OutstandingAll Assets · created 2026-05-06
—
OutstandingFixed · created 2025-11-03
—
OutstandingFloating · created 2025-11-03
—
Outstanding