H2Northeast Limited
Private Limited Company · London
ActiveUnited KingdomIncorporated 2022Private Limited Company
Financial position
Accounts to 2025-12-31 · GBP · Company accounts
Net assets
−£18,403,000
Cash
£1,118,000
Turnover
—
Profit / loss
−£3,949,000
Current assets
£1,208,000
Creditors < 1 year
£19,611,000
Equity
−£18,403,000
Average employees
Not available
Balance-sheet trend
GBP · companyFinancial 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 | 2025-12-31Company · AI-read | 2024-12-31Company · AI-read |
|---|---|---|
| Balance sheet | ||
| Net assets | −£18,403,000 | −£14,454,000 |
| Equity | −£18,403,000 | −£14,454,000 |
| Share capital | £1,000 | £1,000 |
| Retained earnings | −£39,428,000 | −£35,479,000 |
| Assets | ||
| Current assets | £1,208,000 | £10,003,000 |
| Cash at bank | £1,118,000 | £9,513,000 |
| Debtors | £90,000 | £490,000 |
| Liabilities | ||
| Creditors | £19,611,000 | £24,457,000 |
| Creditors within one year | £19,611,000 | £24,336,000 |
| Net current assets | −£18,403,000 | −£14,333,000 |
| Assets less current liabilities | −£18,403,000 | −£14,333,000 |
| Profit & loss | ||
| Administrative expenses | £2,594,000 | £20,575,000 |
| Other operating income | — | £8,117,000 |
| Operating profit | −£2,594,000 | −£12,458,000 |
| Interest receivable | £95,000 | £62,000 |
| Interest payable | £1,426,000 | £874,000 |
| Profit before tax | −£3,925,000 | −£13,270,000 |
| Tax | £24,000 | £16,000 |
| Profit / loss | −£3,949,000 | −£13,286,000 |
| Operating costs | ||
| Audit fees | £14,500 | £13,900 |
| 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
- Ernst & Young LLP
- Audit opinion
- Clean (unmodified)
- Immediate parent
- H2NE Parentco Limited
- Ultimate parent
- SSE plc
- Ultimate controlling party
- SSE plc, a publicly traded Company, BlackRock’s Global Energy & Power Infrastructure Funds (GEPIF III) and GIC, a leading global institutional investor
- Accounts
- Small company · FRS 102
- Approved
- 2026-06-26, signed by Nathan Morgan
Share classes (1)
- 600 Ordinary of £1.00
Events after the year end (1)
- No events to disclose.
Secured borrowing
Registered charges, lenders and security interests.
Charges and related records
0 outstanding chargesNo charges available in our records.