{"name":"FLEXITRICITY LIMITED","company_number":"SC263298","status":"Active","type":"Private Limited Company","incorporated":"2004-02-11","dissolved":null,"registered_office":"13 Queens Road, Aberdeen, Scotland, AB15 4YL","postcode":"AB15 4YL","sic_codes":[{"code":35140,"description":"Trade of electricity"}],"principal_activity":"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","previous_names":[{"name":"MARTIN ENERGY LIMITED","changed_on":"2008-04-28"}],"warnings":[],"accounts":{"category":"Full","year_end":"31 December","last_made_up_to":"2025-03-31","next_due":"2026-12-31"},"employees":{"count":75,"accounts_date":"2025-03-31"},"financials":[{"financial_date":"2025-03-31","profit_loss":-5818,"cash":2981,"average_employees":75},{"financial_date":"2024-03-31","profit_loss":-5802,"cash":1497,"average_employees":69},{"financial_date":"2023-03-31","cash":4436},{"financial_date":"2022-03-31","turnover":69824,"cash":3580},{"financial_date":"2021-03-31","turnover":17121,"cash":1483}],"officers":{"current":8,"resigned":25,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":1,"outstanding":1},"gazette_notices":[],"insolvency_outcome":null,"ai_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.","website":"http://flexitricity.com","links":{"page":"https://www.companiesintheuk.co.uk/ltd/flexitricity","people":"https://www.companiesintheuk.co.uk/company/flexitricity/people","filing_history":"https://www.companiesintheuk.co.uk/company/flexitricity/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/SC263298","financials":"https://www.companiesintheuk.co.uk/company/flexitricity/financial","control":"https://www.companiesintheuk.co.uk/company/flexitricity/control","charges":"https://www.companiesintheuk.co.uk/company/flexitricity/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/flexitricity/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/flexitricity"}