CORONA ENERGY RETAIL 1 LIMITED

Active
Company number 03241002Private limited companyIncorporated 1996

Key figures

£24,886,201+3.6%
Net assets 2025/26
+3.6%
Average annual growth 2024/25–2025/26
010 m20 m30 m2024/252025/26

† CORONA ENERGY RETAIL 1 LIMITED filed these accounts on paper, so Companies House publishes them only as a scanned image. The figures for the years marked † were read automatically from the scan and kept only where the statements add up (for example net assets equal total equity), but a reading error is still possible — check the original accounts at Companies House.

Ratios

2025/26

Sector comparison

SIC 35230

Where the company stands among the 308 active companies whose first SIC code is 35230 (Trade of gas through mains).

Net assets£24,886,201
Higher than 96% · median £7,528
Total assets£398,969,415
Higher than 99% · median £27,290
Cash£5,772,951
Higher than 95% · median £12,052
Employees342
Higher than 99% · median 1
Company age30.2 years
Older than 98% · median 6.8 years
Largest in this sector by net assets
  1. STORENGY UK LIMITED£168.4m
  2. SSE AIRTRICITY GAS SUPPLY (NI) LIMITED£57.1m
  3. CROWN GAS AND POWER LIMITED£55.9m
  4. ORSTED SALES (UK) LIMITED£54.3m
  5. CENTALION UK LIMITED£52m
  6. CORONA ENERGY RETAIL 1 LIMITED£24.9m
  7. RENEWABLE TRANSPORT FUEL SERVICES LIMITED£21.1m
  8. AIDEN DIGITAL LABS LTD£20.8m
  9. CORONA ENERGY RETAIL 2 LIMITED£19.6m
  10. GEOSTORE LTD£13.4m

Positions are approximate. Figures come from each company's latest accounts; money and employee figures are compared only with companies that filed accounts in pounds for a period ending in the last two and a half years and are not dormant, so those groups are smaller than 308. The line on each bar marks the median.

Summary: CORONA ENERGY RETAIL 1 LIMITED

What kind of company is it?

CORONA ENERGY RETAIL 1 LIMITED is a private limited company registered with Companies House under company number 03241002. It was incorporated on 22 Aug 1996. Its status is active. The registered office is in Watford (WD18). Its nature of business (SIC 2007) is trade of gas through mains (35230).

How is the company doing financially?

The latest accounts in the database are for 2025/26 (period ending 31 Mar 2026); the company files full accounts. Turnover was £101,183. Profit for the year was £8,411,482. Net assets were £24,886,201, up 3.6% on the previous year. Cash at bank and in hand was £5,772,951. Total assets were £398,969,415 and total liabilities £399,825,025. The company had an average of 342 employees. Figures are available for 2 financial years (2024/25–2025/26).

How does it compare with similar companies?

Compared with 308 active companies whose first SIC code is 35230: By net assets it ranks higher than 96% of them (median £7,528). By total assets it ranks higher than 99% of them (median £27,290). By cash it ranks higher than 95% of them (median £12,052). By number of employees it ranks higher than 99% of them (median 1). It is older than 98% of them (median age 6.8 years).

Does it supply the public sector?

The company is named as a supplier in 20 public contract award notices from 20 public sector buyers since 2024. Contracts awarded to it alone have a combined published value of £504.4m. 12 of the awards are shared with other suppliers, typically framework agreements. It is recorded as the recipient of 5 central government grants worth £76.1k, mainly from Department for Business, Energy and Industrial Strategy.

What do public registers and reports show?

Its gender pay gap report for 2025/26 shows median hourly pay for women 6.5% lower than for men.

Who runs and controls the company?

One person with significant control is registered. 2 of 10 registered charges are outstanding.

When are its next filings due?

The next accounts are due by 31 Dec 2026. The next confirmation statement is due by 19 Sep 2027.

Filed accounts2024/25–2025/26
2024/25 †2025/26 †
Turnover467,504101,183
Profit for the year10,215,6208,411,482
Cash at bank and in hand1655,772,951
Total assets392,269,540398,969,415
Total liabilities393,885,616399,825,025
Net assets / total equity24,014,71924,886,201
Average number of employees302342

A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.

Public contracts

20 contracts

CORONA ENERGY RETAIL 1 LIMITED is named as a supplier in 20 public contract award notices from 20 public sector buyers since 2024. The 5 contracts awarded to it alone with a published value add up to £504.4m. 12 awards are shared with other suppliers and not counted in that total.

Contracts per year
Main buyers20
THE ASSOCIATION OF NORTH EAST COUNCILS LIMITED
1 contract · £420m
Derbyshire County Council
1 contract · £33m
Durham County Council
1 contract · £30m
Northumberland County Council
1 contract · £18m
OPEN UNIVERSITY(THE)
1 contract · £3.4m
Contracts
  1. Derby Diocesan Academy Trust - Dynamic market for the supply of energy‡Derby Diocesan Academy Trust · shared by 12 suppliers
  2. Matrix Academy Trust - Dynamic market for the supply of gas‡Matrix Academy Trust · shared by 10 suppliers
  3. The Compass Partnership of Schools - Dynamic Market for Energy‡The Compass Partnership of Schools · shared by 10 suppliers
  4. Saint John Bosco College - Dynamic Market for Electricity‡Saint John Bosco College · shared by 12 suppliers
  5. Sandwell College - Dynamic market for the supply of gas‡Sandwell College · shared by 10 suppliers
Show 15 more
  1. Weald of Kent Grammar School - Dynamic market for the supply of energy‡Weald of Kent Grammar School · shared by 7 suppliers · 2 lots
  2. Valentines High School - Dynamic Market for Supply of Electricity‡Valentines High School · shared by 13 suppliers
  3. Quantock Education Trust - Dynamic Market for Energy‡Quantock Education Trust · shared by 14 suppliers
  4. Your Housing Group - Dynamic Market for Energy Supply‡Your Housing Group Limited · shared by 7 suppliers · 2 lots
  5. Learning Academy Partnership (South West) - Dynamic Market for Electricity‡Learning Academy Partnership (South West) · shared by 12 suppliers
  6. Odyssey Collaborative Trust - Energy 2026‡Odyssey Collaborative Trust · shared by 9 suppliers · 2 lots
  7. 28-32 Flexible Procurement and Supply of Gas and/or Electricity‡Kent County Council (t/a Laser) · shared by 3 suppliers · runs until Sep 2032
  8. Provision of Mains Gas - AWARD‡CPI (Centre for Process Innovation) · runs until Mar 2032
  9. Gas SupplyNorthumberland County Council · £18,000,000 · runs until Mar 2032
  10. Supply of GasDurham County Council · £30,000,000 · runs until Mar 2032
  11. CST258 Supply of Gas‡Derbyshire County Council · £33,000,000 · runs until Mar 2028
  12. NEPO302 Supply of GasTHE ASSOCIATION OF NORTH EAST COUNCILS LIMITED · £420,000,000
  13. Supply of GasOPEN UNIVERSITY(THE) · £3,400,000 · runs until Sep 2028
  14. YPO 001187 - Supply of Natural Gas and Associated Services‡YPO · £1,560,000,000 · runs until Mar 2033
  15. GMCA 1317 Gas Supply Contract‡Greater Manchester Combined Authority · £1,560,000,000

From contract award notices on Contracts Finder (since 2016) and Find a Tender (since 2021), published by the Cabinet Office under the Open Government Licence v3.0. Values are as published by the buyer and usually cover the whole contract term; the total leaves out awards shared between several suppliers, where the published figure is a ceiling for all of them, placeholder values and single figures of £1 billion or more. Notices marked ‡ do not state a company number and were linked by an exact match on the registered name. Contracts below the publication thresholds and those of devolved buyers that publish elsewhere are not included.

Government grants

5 grants

CORONA ENERGY RETAIL 1 LIMITED is recorded as the recipient of 5 central government grants since 2022, together worth £76.1k.

Funders
Department for Business, Energy and Industrial Strategy
1 grant · £53.2k
Department for Energy Security and Net Zero
4 grants · £22.9k
Grants
  1. Energy Bills Discount Scheme (EBDS)Department for Energy Security and Net Zero · £1,787
  2. Energy Bills Discount Scheme (EBDS)Department for Energy Security and Net Zero · £171
  3. Energy Bill Relief Scheme (GB)Department for Business, Energy and Industrial Strategy · £53,199 · Energy Bill Relief Scheme Great Britain and Northern Ireland (EBRS GB&NI)
  4. Energy Bill Relief Scheme (GB)Department for Energy Security and Net Zero · £17,659 · Energy Bill Relief Scheme Great Britain and Northern Ireland (EBRS GB&NI)
  5. Energy Bill Relief Scheme (GB)Department for Energy Security and Net Zero · £3,312 · Energy Bill Relief Scheme Great Britain and Northern Ireland (EBRS GB&NI)

From the Government Grants Register published by the Cabinet Office (financial years 2016/17 onwards, Open Government Licence v3.0). It covers grants from central government departments and their agencies where the register states the recipient's company number and the recipient name matches this company; grants from local authorities, lottery distributors and devolved governments are not included.

Statutory reporting

Gender pay gap2025/26
Median hourly pay
women 6.5% lower
Mean hourly pay
women 12.4% lower
Median bonus pay
women 10% lower
Employer size
250 to 499 employees
Lower pay quarter59.4% womenLower middle58.7% womenUpper middle49.2% womenUpper pay quarter38.1% women
Earlier years (1)
Year
Median hourly pay
Mean hourly pay
2024/25
women 10% lower
women 23.5% lower

A positive gap means women's average hourly pay is lower than men's across the whole employer; it is not a comparison of pay for the same work. View on the Gender pay gap service

Figures the company reported itself to the government's Check payment practices service, Gender pay gap service and Modern slavery statement registry (Open Government Licence v3.0). Only large companies and employers with 250 or more staff have to report, so most companies have nothing here.

History

6 events
  1. Financial year 2025/26 endedAccounts: turnover £101.2k, net assets £24.9m, 342 employees
  2. Macquarie Corona Energy Holdings Limited registered as a person with significant control
  3. Corona Energy Limited ceased to be a person with significant control
  4. Financial year 2024/25 endedAccounts: turnover £467.5k, net assets £24m, 302 employees
  5. Corona Energy Limited registered as a person with significant control
  6. Company incorporatedPrivate limited company

Dates as recorded at Companies House: incorporation, name changes, officer appointments and resignations, current and former persons with significant control, and the end of each financial year with figures in the database.