SHELL NEW ENERGIES UK 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

  -95.4%

  £87,000 → £4,000

• Cash

  —

  Not reported

• Net assets

  -3.8%

  £64,920,000 → £62,446,000

• Employees

  —

  Not reported

• Operating profit

  +23.8%

  -£15,482,000 → -£11,791,000

• Profit before tax

  +31%

  -£14,348,000 → -£9,899,000

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

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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.

1. SHELL NEW ENERGIES UK LTD 2018-05-31 → present
2. SHELL WINDENERGY LIMITED 2002-05-01 → 2018-05-31
3. SHELL WINDENERGY AEGIR LIMITED 2001-02-02 → 2002-05-01

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements continue to be prepared on a going concern basis (see Note 1.) As at the date of approving the financial statements, the Directors have considered the potential risks and uncertainties relating to ongoing geo-political events and its related economic impact on the Company's business, credit, market, and liquidity position. Based on the above analysis, the Directors have assessed that the Company is expected to have adequate resources to meet its liabilities and commitments over the going concern period up to 31 December 2026. The Directors have assessed that the Company has adequate resources to continue in operation for the period up to 31 December 2026.”

Group structure

1. SHELL NEW ENERGIES UK LTD · parent
   1. CSE23 Limited 100% · United Kingdom · build solar farm
   2. Iddenshall Solar Limited 100% · United Kingdom · build solar farm
   3. Winterton Solar Limited 100% · United Kingdom · build solar farm

Significant events

• “In June 2025 the Company recognized an impairment of Battery System of £299 thousands. The asset was a part of The Bacton Refinery. The decision about the side sale was taken and the battery system doesn't have commercial value as a standalone asset.”
• “In June 2025, an impairment of £5,820 thousands was recognized in one of Shell New Energies UK Limited's subsidiaries -Iddenshall Solar Limited.”
• “In June 2025 10,850,000 ordinary shares with a nominal value of £1.00 per share were allotted for an aggregate consideration of £10,850,000.”
• “The total amount contracted for but not provided in the financial statements was £1,375 thousands (2023: £15,665 thousands).”

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

Filings

9

last 12 months

Capital events

7

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.