GREATER GABBARD OFFSHORE WINDS LIMITED

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

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

  -20.5%

  £345,700,000 → £274,700,000

• Cash

  -97.5%

  £11,800,000 → £300,000

• Net assets

  -11.2%

  £671,000,000 → £595,900,000

• Employees

  —

  Not reported

• Operating profit

  -43.8%

  £198,800,000 → £111,700,000

• Profit before tax

  -44.6%

  £194,200,000 → £107,500,000

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. GREATER GABBARD OFFSHORE WINDS LIMITED 2004-02-02 → present
2. DWSCO 2481 LIMITED 2003-12-05 → 2004-02-02

Accounting basis

IFRS

Reporting scope

Standalone (parent only)

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors consider that the Company has adequate resources to continue in operational existence for the period to 31 October 2026. The financial statements are therefore prepared on a going concern basis. In making their assessment the Directors have considered the future financial plans of the Company, including a cash flow and profit forecast to 31 October 2026, 19 months from the balance sheet date, which is at least 12 months from approval of the Company's financial statements. The Directors have considered sensitivities to the future cash flow projections, including the impact of price and volume volatility, which is the key underlying drivers of the Company's performance. In performing this assessment, the Directors have concluded that the Company has sufficient headroom to continue as a going concern after applying the stress testing sensitivities. In assessing the availability of headroom for the Company, the Directors have considered the company's committed financing repayments, of which there are none, and that distributions to shareholders are discretionary. Based on this assessment the Directors have concluded that the Company has sufficient resources to continue as a going concern and the financial statements have therefore been prepared on a going concern basis.”

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

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

3

last 12 months

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