DRAGON LNG 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

  -2.9%

  £85,840,000 → £83,345,000

• Cash

  +119.8%

  £3,024,000 → £6,646,000

• Net assets

  -0.7%

  £180,556,000 → £179,253,000

• Employees

  +2.1%

  95 → 97

• Operating profit

  +47.3%

  £16,511,000 → £24,324,000

• Profit before tax

  +54.5%

  £14,881,000 → £22,987,000

• Wages

  +5.6%

  £6,680,000 → £7,053,000

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. DRAGON LNG LIMITED 2002-11-14 → present
2. SCOREFRESH LIMITED 2002-10-15 → 2002-11-14

Accounting basis

UK-adopted international accounting standards

Reporting scope

Standalone (parent only)

Auditor

S&W Partners Audit Limited

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

• “VTTI purchased Ancala LNG Limited from Ancala Partners LLP on 9 August 2024.”
• “The planning application for our wind project was approved by Welsh Government and our joint project with the RWE power station benefitted from government funding for the feasibility engineering of an integrated LNG-CO2 project providing around 2mln tonnes of CO2 liquefaction and shipping in the early 2030s.”
• “During 2024 there was additional expenditure on preparations for marketing the capacity of the terminal post 2029.”
• “Shareholder payments in 2024 were lower due to increased capital expenditure and the retention of the proposed Q4 dividend in advance of the positive final investment decision on the wind turbine project in Dragon Energy Limited.”
• “The company has reduced the amount of electricity purchased from the grid since the start of commercial operations in April 2023 of a 10MW solar park owned and operated by Dragon Energy Limited.”
• “Dragon Energy has also received planning approval for three wind turbines which will further reduce the amount of electricity imported from the grid – a positive final investment decision on the project was made in Q2 2025.”

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

2

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.