Origen Power Ltd in Walsall, WS9 8LZ

Description

Data updated on: 01-11-2023

This business named Origen Power was started on 2013-06-24 as a Private Limited Company. The firm's head office can be contacted at Walsall on C/o Edwards Chartered Accountants 34 High Street, Aldridge. If you have to get in touch with the company by post, the post code is WS9 8LZ. The official reg. no. for Origen Power Ltd is 08580554. The name of the firm was changed in 2015 to Origen Power Ltd. This business previous name was Cogent Heat Energy Storage Systems. The firm's classified under the NACE and SIC code 72190 - Other research and experimental development on natural sciences and engineering. The most recent accounts were submitted for the period up to Saturday 31st December 2022 and the most recent annual confirmation statement was filed on Monday 27th March 2023.

Currently, the directors registered by the company are: Blake D. appointed in 2023, Mark S. appointed in 2021 in April, Benjamin T. appointed on 2019-11-04 and 2 other directors have been described below.

Previous company's names
Origen Power Ltd 2015-11-03
Cogent Heat Energy Storage Systems Limited 2013-06-24

Financial data based on annual reports

Profit & Loss
Date of Accounts	2014-06-30	2015-06-30	2016-06-30	2017-06-30	2018-06-30	2019-06-30	2020-06-30	2021-06-30	2021-12-31	2022-12-31
Currency
Net Worth	381	-6 648	1 237

Balance Sheet
Cash Bank On Hand			1 202	18 627	2 357	332 548	129 045	4 398 048	3 046 187	4 544 483
Current Assets	11 410	2 743	24 732	41 332	49 959	692 388
Debtors	1 255	1 998	23 530	22 705	47 603	359 840	174 966	280 146	922 116	1 181 547
Net Assets Liabilities			1 237	15 761	-8 468	1 389 474
Other Debtors			16 367	14 485	29 153	302 988	116 554	183 340	357 016	82 030
Property Plant Equipment			837	450	477	7 922	7 745	4 078	14 572	24 377
Cash Bank In Hand	10 155	745	1 202
Intangible Fixed Assets	10 900	23 746	30 257
Tangible Fixed Assets	436	275	837

Capital & Reserves
Called Up Share Capital	10	10	10
Profit Loss Account Reserve	371	-6 658	1 227
Shareholder Funds	381	-6 648	1 237

Other Financial Data
Accumulated Amortisation Impairment Intangible Assets			6 722	11 628	48 450	93 538	256 870	517 150	647 843	909 490
Accumulated Depreciation Impairment Property Plant Equipment			353	740	1 213	2 581	6 354	10 021	13 083	20 546
Additions Other Than Through Business Combinations Intangible Assets					5 766	19 922	28 956	16 280	23 832	67 375
Amounts Owed By Related Parties									44 655	87 533
Average Number Employees During Period						6	7	6	9	11
Corporation Tax Recoverable			7 163	8 220	18 450	56 852	58 412	96 806	453 069	1 010 659
Creditors			21 017	47 822	19 686	19 281	169 095	252 768
Deferred Income										207 270
Dividends Paid On Shares					278 440
Equity Settled Share-based Payments Increase Decrease In Equity									236 428
Fixed Assets	11 336	24 021	31 094	45 165	45 181	1 075 774
Increase From Amortisation Charge For Year Intangible Assets				4 906	5 777	45 088	163 332	260 280	130 693	261 647
Increase From Depreciation Charge For Year Property Plant Equipment				387	473	1 368	3 773	3 667	3 062	7 463
Intangible Assets			30 257	44 715	44 704	1 067 852	1 594 736	1 872 358	3 414 859	6 364 308
Intangible Assets Gross Cost			36 979	56 343	326 891	1 161 390	1 851 606	2 389 508	4 062 702	7 273 798
Investments Fixed Assets									90	90
Investments In Group Undertakings Participating Interests									90	90
Issue Equity Instruments						765 153	393 413	5 563 034	283 895	6 657 986
Net Current Assets Liabilities	10 390	-6 923	-8 840	-6 490	-33 963	332 981
Number Equity Instruments Exercisable Share-based Payment Arrangement						25 900	64 750	134 234	69 484	116 892
Number Equity Instruments Exercised Share-based Payment Arrangement									64 750	38 460
Number Equity Instruments Forfeited Share-based Payment Arrangement										18 000
Number Equity Instruments Granted Share-based Payment Arrangement						64 750		173 710		94 460
Number Equity Instruments Outstanding Share-based Payment Arrangement						64 750	64 750	238 460	173 710	211 710
Number Shares Issued Fully Paid				1 000	1 000 000
Other Creditors			21 017	22 914	19 686	19 281	66 970	74 085	522 516	122 254
Other Taxation Social Security Payable			2 357	1 731	1 012	24 487	31 907	9 332	55 705	39 866
Par Value Share	1	1	1	1	0
Percentage Class Share Held In Subsidiary										100
Profit Loss			7 885	14 524		303 458	-255 852	-977 904	-272 220	-2 062 917
Property Plant Equipment Gross Cost			1 190	1 190	1 690	10 503	14 099	14 099	27 655	44 923
Total Additions Including From Business Combinations Property Plant Equipment					500	8 813	3 596		13 556	17 268
Total Assets Less Current Liabilities	21 726	17 098	22 254	38 675	244 955	1 408 755
Trade Creditors Trade Payables					126	241 290	76 617	169 351	411 118	195 969
Trade Debtors Trade Receivables									67 376	1 325
Weighted Average Exercise Price Equity Instruments Exercisable Share-based Payment Arrangement						0	0	1	1	2
Weighted Average Exercise Price Equity Instruments Exercised Share-based Payment Arrangement									0	3
Weighted Average Exercise Price Equity Instruments Forfeited Share-based Payment Arrangement										3
Weighted Average Exercise Price Equity Instruments Granted Share-based Payment Arrangement						0		3		3
Weighted Average Exercise Price Equity Instruments Outstanding Share-based Payment Arrangement						0	0	2	3	3
Director Remuneration					40 711	126 673	197 801	203 557	112 652	227 722
Accruals Deferred Income	21 345	23 746	21 017
Creditors Due Within One Year	1 020	9 666	33 572
Intangible Fixed Assets Additions	12 000	15 285	9 694
Intangible Fixed Assets Aggregate Amortisation Impairment	1 100	3 539	6 722
Intangible Fixed Assets Amortisation Charged In Period	1 100	2 439	3 183
Intangible Fixed Assets Cost Or Valuation	12 000	27 285	36 979
Number Shares Allotted	1 000	1 000	1 000
Share Capital Allotted Called Up Paid	10	10	10
Tangible Fixed Assets Additions	512		678
Tangible Fixed Assets Cost Or Valuation	512	512	1 190
Tangible Fixed Assets Depreciation	76	237	353
Tangible Fixed Assets Depreciation Charged In Period	76	161	116