ENGIE UK MARKETS LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  -32.7%

  £291,503,000 → £196,214,000

• Cash

  —

  Not reported

• Net assets

  +14.4%

  £184,146,000 → £210,706,000

• Employees

  —

  Not reported

• Operating profit

  -77%

  £170,330,000 → £39,193,000

• Profit before tax

  -76.6%

  £170,286,000 → £39,903,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

1. ENGIE UK MARKETS LIMITED 2020-10-21 → present
2. IPM ENERGY TRADING LIMITED 2007-12-03 → 2020-10-21
3. DEESIDE POWER DEVELOPMENT COMPANY LIMITED 1990-04-12 → 2007-12-03
4. LAW 215 LIMITED 1990-01-23 → 1990-04-12

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Therefore, the Directors believe that it remains appropriate to prepare the financial statements on a going concern basis.”

Significant events

• “The commercial operations of a key upstream PPA were expected to start in mid-2025. Therefore, as of 31 December 2024, there are amounts shown within current derivative assets and liabilities, amounting to £47,347,000 and £54,207,000 respectively, that will now be expected to unwind beyond 12 months from the balance sheet date.”
• “During the subsequent year, the Company recognized delay damages of £11,000,000 recorded in the Profit and loss account as pass through costs which are net-neutral to the Company.”
• “Subsequent to the balance sheet date, commercial operations under the PPA has not started and has had further delays.”
• “The Company continues to enter into additional Wind and Solar Power Purchase Agreements as well as Battery Energy Storage System contracts; however, those contracts do not materially affect these financial statements.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.