FLEXITRICITY LIMITED
Company number SC263298 · Monitor this company
Executive summary
Flexitricity Limited demonstrates a clear strategic fit in the growing UK demand-response market and enjoys strong parent backing, but its standalone financial profile is unsustainable with negative net worth of £23,039, cash under £3,000, and no evidence of operating profitability. Any credit exposure must be fully mitigated by a formal, enforceable parent company guarantee from a creditworthy group entity; absent that, the application should be declined on account of elevated default risk and insufficient asset cover.
Shareholders' funds
-£23,039
Balance sheet as at 2025-03-31
What it does
The company’s principal activities are the establishment and operation of an aggregated electricity reserve and balancing service and the supply of electricity and gas to business customers in support of that
The company's own description, from its latest filed accounts.
Overview
- Company type
- Private Limited Company
- Incorporated
- 2004-02-11
- Employees
- 75 (2025 accounts · was 69 in 2024)
- Registered office
- 13 Queens Road, Aberdeen, Scotland, AB15 4YL
- Postcode
- AB15 4YL
- Capital
- 27 GBP
- Accounts category
- Full
- Charges
- 1 outstanding
Accounts
- Last made up to
- 2025-03-31
- Next due by
- 2026-12-31
- Financial year end
- 31 December
Confirmation statement
- Last statement dated
- 2026-04-15
- Next due by
- 2027-04-29
Nature of business (SIC)
- 35140 Trade of electricity
Officers 8 current · 25 resigned
Group structure
Controlled by DRAX SMART GENERATION HOLDCO LIMITED — since 2026-03-27
Controlled by Reserve Power Holdings (Jersey) Limited (.) — since 2020-09-09
From persons-with-significant-control filings on the public register.
Licensed visa sponsor
Licensed by the Home Office to sponsor worker visas: Skilled Worker (Worker (A rating)).
Matched by registered name to the register of licensed sponsors (Home Office, updated daily) — check the register itself before relying on it. Contains public sector information licensed under the Open Government Licence v3.0.
Modern slavery statement
Registered a modern slavery statement for 2026 (period to 2026-03-31) — 5 years on the registry.
Read the statement summary on the government modern slavery statement registry. Contains public sector information licensed under the Open Government Licence v3.0.
Data protection registration
Registered with the ICO as a data protection fee payer — Z9237344 (Tier 2), registered since 2005.
Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.
Contact details
- Website
- flexitricity.com
- Phone
- 01312218100
Flexitricity created and now operates the first, largest and most advanced demand-response portfolio in GB
Previous company names
| Name | Date changed |
|---|---|
| MARTIN ENERGY LIMITED | 2008-04-28 |
Previous registered addresses 4
| Address | Changed on |
|---|---|
| EXCHANGE TOWER 19 CANNING STREET, EDINBURGH, EH3 8EG | 2017-06-19 |
| 4 STAFFORD STREET, EDINBURGH, EH3 7AU, SCOTLAND | 2010-09-06 |
| 30-31 QUEEN STREET, EDINBURGH, EH2 1JX | 2009-11-19 |
| 4 DRUMMOND PLACE, EDINBURGH, EH3 6PH | 2006-03-07 |
Among its peers
The largest employer
of 43 similar companies in AB — measured against the wider sector, with 75 staff. 2nd oldest of its local peers.
The class of 2004
37%
of the 135,821 companies incorporated in 2004 are still active today; 61% have since been dissolved.
A fact about the year, not a forecast for this company.