Power Delta Midco Limited
Activities of other holding companies n.e.c. · London
ActiveUnited KingdomIncorporated 2023Private Limited Company
Financial position
Accounts to 2025-12-31 · GBP · Group accounts
Net assets
−£1,732,721
Cash
£5,144,131
Turnover
£41,059,733
Profit / loss
−£11,247,246
Current assets
£22,683,540
Creditors < 1 year
£24,460,153
Equity
—
Average employees
165
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 | 2025-12-31Group · AI-read | 2024-12-31Group · AI-read |
|---|---|---|
| Balance sheet | ||
| Net assets | −£1,732,721 | £9,512,114 |
| Equity | — | £9,512,114 |
| Share capital | £209,274 | £209,274 |
| Retained earnings | −£22,483,139 | −£11,415,239 |
| Assets | ||
| Fixed assets | £36,995,422 | £43,320,301 |
| Intangible assets | £36,425,878 | £42,444,279 |
| Property, plant & equipment | £569,544 | £876,022 |
| Current assets | £22,683,540 | £20,969,684 |
| Cash at bank | £5,144,131 | £3,838,300 |
| Debtors | £17,293,127 | £16,963,750 |
| Stock | £246,282 | £167,634 |
| Liabilities | ||
| Creditors within one year | £24,460,153 | £20,599,662 |
| Creditors after one year | £36,724,500 | £33,835,041 |
| Provisions | £227,030 | £343,168 |
| Net current assets | −£1,776,613 | £370,022 |
| Assets less current liabilities | £35,218,809 | £43,690,323 |
| Profit & loss | ||
| Turnover | £41,059,733 | £42,129,843 |
| Cost of sales | £29,751,589 | £29,113,399 |
| Gross profit | £11,308,144 | £13,016,444 |
| Administrative expenses | £18,905,401 | £16,315,785 |
| Operating profit | −£7,597,257 | −£3,299,341 |
| Interest receivable | £24,392 | £115,299 |
| Interest payable | £3,825,622 | £3,372,578 |
| Profit before tax | −£11,398,487 | −£6,556,620 |
| Tax | −£151,241 | −£66,110 |
| Profit / loss | −£11,247,246 | −£6,490,510 |
| Operating costs | ||
| Depreciation | £380,933 | £271,303 |
| Amortisation | £6,135,533 | £6,420,636 |
| Operating lease charges | £484,703 | £281,061 |
| Cash flow | ||
| Net debt | −£7,756,276 | — |
| People & pay | ||
| Average employees | 165 | 151 |
| Staff costs | £9,912,898 | £8,901,812 |
| Wages & salaries | £8,384,726 | £7,617,161 |
| Social security costs | £889,885 | £812,444 |
| Pension costs | £638,287 | £472,207 |
| Directors' remuneration | £467,531 | £617,430 |
| Highest paid director | £117,967 | £135,712 |
| 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.
- Auditor
- RSM UK Audit LLP
- Audit opinion
- Clean (unmodified)
- Immediate parent
- Power Delta Topco Limited
- Ultimate parent
- TowerBrook Capital Partners Limited
- Ultimate controlling party
- TowerBrook Capital Partners Limited
- Accounts
- FRS 102
- Approved
- 2026-08-14, signed by Thomas Redpath
Subsidiaries (7)
- Envevo Limited · 100.00% indirect · New Lanarkshire House, 3 Dove Wynd, Strathclyde Business Park, Glasgow, Scotland, ML4 3AD · Electrical installation
- Envevo Civil Engineering Limited · 100.00% indirect · New Lanarkshire House Strathclyde Business Park, 3 Dove Wynd, Bellshill, Scotland, ML4 3AD · Other engineering activities
- SRG Electrical Limited · 100.00% indirect · Unit 12 The Redlands Centre, Redlands, Coulsdon, England, CR5 2HT · Electrical installation
- Envevo Group (Bidco) Limited · 100.00% direct · 1 St. James's Market Carlton St, St James's, London, United Kingdom, SW1Y 4AH · Holding company
- Envevo Ireland Limited · 100.00% indirect · 2 Dublin Landings, North Wall, Dublin, D01 V4A3 · Electrical installation
- Envevo LLC Saudi Arabia · 75.00% indirect · 2nd Floor, Building F, 3141 Anas Ibn Malik Road, Al Malqa District, Riyadh · Electrical installation
- Advance Product Services Ltd. · 100.00% indirect · Building D, Knaresborough Tech Park, Manse Lane, Knaresborough, England, HG5 8LF · Other engineering activities
Turnover by segment (3)
- United Kingdom: 40,429,662 (2025-12-31)
- Rest of the world: 630,071 (2025-12-31)
- United Kingdom: 42,129,843 (2024-12-31)
Borrowings (2)
- Bank loans · 9,882,284 · Interest is charged at margin and compounded reference rate for that day for the revolving credit facility and at SONIA for that day for the capital call facility. · Revolving credit facility and committed acquisition facility; repayment dates renegotiated subsequent to year end. · secured on HSBC UK Bank plc has a fixed and floating charge over the property and undertakings of the group.
- Preference shares · 3,018,123 · Cumulative, compounded dividend at a rate of 24.5% per annum · Redeemable with the consent of a majority of the preference shareholders, in accordance with the company's articles of association.
Share classes (1)
- 3,000,000 Preference shares of £1 each
Secured borrowing
Registered charges, lenders and security interests.
Charges and related records
2 outstanding chargesFixed · created 2024-03-05
—
OutstandingFixed · created 2023-06-22
—
Outstanding