LONDONENERGY LTD

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

  -4.5%

  £109,053,000 → £104,185,000

• Cash

  -7.3%

  £22,010,000 → £20,410,000

• Net assets

  +19.4%

  £36,286,000 → £43,321,000

• Employees

  +5.6%

  373 → 394

• Operating profit

  +133.1%

  £5,232,000 → £12,195,000

• Profit before tax

  +131.3%

  £5,304,000 → £12,270,000

• Wages

  +11.6%

  £20,266,000 → £22,620,000

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. LONDONENERGY LTD 2017-09-05 → present
2. LONDONWASTE LIMITED 1993-04-02 → 2017-09-05
3. NORTH LONDON WASTE DISPOSAL COMPANY LIMITED 1992-07-20 → 1993-04-02

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Significant events

• “During 2024, LEL signed a new contract with the NLWA to operate, manage and maintain the new facilities constructed on the southern section of the EcoPark. This marks a major milestone in the transition of LEL from the owner and operator of its assets to the operator and maintainer of assets on behalf of its parent, the NLWA.”
• “The long term solution to the safe management and processing of North London's municipal waste is the commissioning of the construction of the UK's most advanced energy recovery facility (ERF) on the existing EcoPark site by the North London Waste Authority ('NLWA').”
• “Construction of the new ERF continues on the northern section of the EcoPark. LEL continues to work with the NLWA and constructors on the design of the new facility and following the successful handover of the EcoPark South assets, LEL will begin shaping its capabilities for the ERF.”
• “In May 2025, the Trustees of the Company's defined benefit pension scheme advised by Hymans Robertson and Squire Patton Boggs completed a bulk purchase annuity transaction with Royal London in exchange for the scheme's assets. Therefore, the scheme now owns an insurance contract which will pay the members' pensions as they fall due which reduces risk for the members and the Company.”

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

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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