POWERVERSE DEVELOPMENT LIMITEDActive
Key figures
Ratios
2024Balance sheet structure
Filed accounts2024
| 2024 | |
|---|---|
| Turnover | 784,025 |
| Profit for the year | 9,573,779 |
| Cash at bank and in hand | 423,675 |
| Total assets | 1,253,979 |
| Total liabilities | — |
| Net assets / total equity | -2,366,574 |
| Average number of employees | 30 |
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.
Principal activity
Accounts 2024The principal activity of the company in the year under review was that of developing systems to provide home energy management solutions through the use of AI powered apps to connect all home energy systems.The developed product is then sold through our sister company, Powerverse UK Limited.
As described in the company's latest filed accounts.
Summary: POWERVERSE DEVELOPMENT LIMITED
Company
POWERVERSE DEVELOPMENT LIMITED is a private limited company registered with Companies House under company number 08760287. It was incorporated on 4 Nov 2013. Its status is active. The registered office is in London (SE1). Its nature of business (SIC 2007) is production of electricity (35110).
Accounts
The latest accounts in the database are for 2024 (period ending 31 Dec 2024); the company files small company accounts (filleted). Turnover was £784,025. Profit for the year was £9,573,779. Net assets were −£2,366,574. Cash at bank and in hand was £423,675. The company had an average of 30 employees.
Control and charges
One person with significant control is registered.
Filing deadlines
The next accounts are due by 31 Dec 2026. The next confirmation statement is due by 18 Nov 2026.