Brady Acquisition Limited
Private Limited Company · Bristol
ActiveUnited KingdomIncorporated 2019Private Limited Company
Financial position
Accounts to 2025-12-31 · GBP · Group accounts
Net assets
£9,257,000
Cash
£3,395,000
Turnover
£16,541,000
Profit / loss
−£6,101,000
Current assets
£7,004,000
Creditors < 1 year
£11,723,000
Equity
£9,257,000
Average employees
116
Balance-sheet trend
GBP · consolidatedFinancial 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 | 2025-12-3112 months · Group · AI-read | 2024-12-31Group · AI-read |
|---|---|---|
| Balance sheet | ||
| Net assets | £9,257,000 | £20,872,000 |
| Equity | £9,257,000 | £20,872,000 |
| Retained earnings | −£15,737,000 | −£18,636,000 |
| Assets | ||
| Fixed assets | £28,404,000 | £30,080,000 |
| Intangible assets | £14,809,000 | £16,790,000 |
| Property, plant & equipment | £293,000 | £141,000 |
| Current assets | £7,004,000 | £6,523,000 |
| Cash at bank | £3,395,000 | £2,050,000 |
| Debtors | £3,279,000 | £4,206,000 |
| Liabilities | ||
| Creditors within one year | £11,723,000 | £10,276,000 |
| Creditors after one year | £14,428,000 | £5,455,000 |
| Net current assets | −£4,719,000 | −£3,753,000 |
| Profit & loss | ||
| Turnover | £16,541,000 | £16,628,000 |
| Cost of sales | £4,451,000 | £5,211,000 |
| Gross profit | £12,090,000 | £11,417,000 |
| Other operating income | £211,000 | £349,000 |
| Operating profit | −£5,398,000 | −£5,379,000 |
| Profit before tax | −£6,377,000 | −£5,400,000 |
| Tax | −£276,000 | −£301,000 |
| Profit / loss | −£6,101,000 | −£5,099,000 |
| Dividends | £60,000 | — |
| Operating costs | ||
| Audit fees | £159,000 | £159,000 |
| People & pay | ||
| Average employees | 116 | 119 |
| Staff costs | £11,980,000 | £12,238,000 |
| Wages & salaries | £10,021,000 | £10,384,000 |
| Social security costs | £1,164,000 | £1,083,000 |
| Pension costs | £795,000 | £771,000 |
| Source evidence | View filing | View filing |
From the accounts
What the accounts for 2025-12-31 say about themselves, read by AI from the scanned filing.
- Principal activity
- The principal activity of the Company is that of a holding company and the principal activity of the Group is to power efficiency and change in energy markets by providing innovative trading and operations software solutions for the energy transition
- What it does
- trading software · operations software · energy markets · energy transition · utilities · independent power producers · renewable asset developers · commodity trading houses (AI keywords)
- The year
- Group revenues for the year ended 31 December 2025 were £16.5 million (2024 £16.6 million), of which £13.3 million are annual recurring revenues (2024 £12.8 million). On a constant currency basis, annual recurring revenues have increased by 5% from £12.8 million in 2024 to £13.4 million in 2025
- Outlook
- Brady is focusing its product innovation and expansion plans in energy and risk markets. More details on the future developments of the Group can be found in the Outlook section of the Strategic Report on page 1
- Auditor
- Ernst & Young LLP · senior statutory auditor Luke Little
- Audit opinion
- Clean (unmodified)
- Immediate parent
- Brady Acquisition Midco Limited · England and Wales
- Ultimate parent
- Brady Acquisition (Holding) Limited
- Ultimate controlling party
- Hanover Active Equity Fund II, S C A SICAV-RAIF
- Accounts
- IFRS
- Approved
- 2026-06-17, signed by Jeremy Westhead
Related parties (4)
- Brady Acquisition (Holding) Limited · 100% shareholder of Brady Acquisition Limited · professional services, board fees and expenses invoiced; £8,000 included in accruals, £56,000 in current trade payables and £279,000 in non-current trade payables · £303,000 (000s)
- Brady Technologies Limited · subsidiary company · balance due from subsidiary · 19,470 (000s)
- Brady Technologies (Holding) Limited · subsidiary company · balance due from subsidiary · 2,312 (000s)
- Brady Energy (Holding) Limited · subsidiary company · balance due from subsidiary · 7,778 (000s)
Directors' report (5)
- Rebecca Boscott · resigned 2026-03-04
- Jason Carley · resigned 2025-09-25
- Jeremy Westhead
- Alicia Barbara · appointed 2026-03-04
- Giles Smyth · appointed 2025-09-25
Principal risks (1)
- Strategic Risk
Events after the year end (3)
- In January 2026, the Group contractually completed a property lease assignation that was agreed in December 2025. As a result, the Group derecognised the lease liability in the Statement of Financial Position at 31 December 2025.
- In May 2026, the Company issued at par 500,000 new ordinary shares.
- In May 2026, the Group renegotiated the covenants on its borrowings.
Secured borrowing
Registered charges, lenders and security interests.
Charges and related records
1 outstanding chargesAll Assets · created 2025-06-27
—
Outstanding