ORSTED LONDON ARRAY 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

  —

  Not reported

• Cash

  —

  Not reported

• Net assets

  -106.9%

  £90,118,132 → -£6,232,092

• Employees

  —

  Not reported

• Operating profit

  -100%

  £45,500,497 → -£5,305

• Profit before tax

  -97.8%

  £47,915,080 → £1,044,742

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

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. ORSTED LONDON ARRAY LIMITED 2017-10-30 → present
2. DONG ENERGY LONDON ARRAY LIMITED 2007-06-27 → 2017-10-30
3. CORE LIMITED 1999-09-22 → 2007-06-27

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis. In assessing whether the going concern assumption is appropriate, management has considered all available information about the future, which is at least 12 months from the date of approval of the financial statements. [...] Based on the directors' assessment described above the directors are of the opinion that the company has adequate resources to continue in operational existence for a period of at least 12 months from the date of signing the company's financial statements for the year ended 31 December 2024 and therefore the going concern basis has been adopted in preparing the financial statements.”

Significant events

• “The company is currently involved in a legal dispute seeking damages from third parties. Based on legal advice, management believes that a favourable outcome is probable and the company has a contingent asset associated with this. The ongoing legal proceedings are expected to be concluded in 2025 followed by a period of settling of intercompany commitments.”
• “In June 2023, the Orsted Group signed an agreement to divest its remaining share in the London Array Offshore Wind Farm in the UK. This agreement released the company from the obligations it previously held in relation to decommissioning a share of the London Array wind farm. As a result, the decommissioning provision of £26,622,087 was released to the Statement of Comprehensive Income. In connection with this sale the company also received a payment of £19,000,000.”

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

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

2

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.