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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-06-15 (in 1mo)

Last made up 2025-06-01

Watchouts

1 item

Cash

£17M

-7.6% vs 2023

Net assets

-£190M

+19.6% vs 2023

Employees

0

Average over period

Profit before tax

£64M

+6% vs 2023

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Accounts

2-year trend · latest reflected 2024-12-31

Metric Trend 2023-12-312024-12-31
Turnover £266,632,240£267,473,763
Operating profit £107,450,458£108,960,018
Profit before tax £59,962,372£63,567,658
Net profit £44,076,454£47,468,269
Cash £17,868,236£16,509,905
Total assets less current liabilities
Net assets -£235,856,458-£189,606,915
Equity -£235,856,458-£189,606,915
Average employees 00
Wages
Directors' remuneration £0£0

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

Year-on-year

FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31

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

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2023-12-312024-12-31
Operating margin 40.3%40.7%
Net margin 16.5%17.7%
Gearing (liabilities / total assets) 117.5%114.8%
Current ratio 2.81x2.17x
Interest cover 2.20x2.32x

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.

Name history

Renamed 2 times since incorporation

  1. RACE BANK WIND FARM LIMITED 2016-08-15 → present
  2. DONG ENERGY RB (UK) LIMITED 2014-01-07 → 2016-08-15
  3. CENTRICA (RBW) LIMITED 2004-01-16 → 2014-01-07

Audit & accounting basis

Accounting basis
UK-adopted International Accounting Standards
Reporting scope
Standalone (parent only)
Auditor
PricewaterhouseCoopers LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“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 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

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

People

7 active · 43 resigned

Name Role Appointed Born Nationality
ADKINS, Mel Director 2025-08-22 Mar 1979 British
CLAXTON, Samuel James Director 2020-11-17 Nov 1988 British
HICKSON, Mark Andrew Director 2025-05-07 Nov 1981 British
JAMES-MILROSE, Christian Director 2024-09-02 Nov 1988 British
JENSEN, Thomas Krogh Director 2025-05-07 Nov 1972 Danish
SIVERTSEN, Borge Rygh Director 2024-06-14 Jun 1978 Norwegian
TONSETH, Morten Director 2025-08-22 Jun 1988 Norwegian
Show 43 resigned officers
Name Role Appointed Resigned
CENTRICA SECRETARIES LIMITED Corporate Secretary 2004-01-16 2013-12-12
RM REGISTRARS LIMITED Corporate Secretary 2004-01-16 2004-01-16
ARCHER, Christopher Michael Director 2016-12-21 2018-01-05
BENNETT, Alan Director 2005-04-28 2007-10-31
CHESHIRE, Brent Director 2015-10-17 2017-06-01
CLARK, Simon Richard Director 2004-04-27 2007-07-04
COLLINSON, Graeme Stuart, Dr Director 2009-02-13 2013-12-09
CROWTHER, David Anthony James Director 2010-12-16 2013-12-12
DE VILLIERS, Philip Henry Director 2017-06-01 2025-05-07
DOOLEY, Mark Jonathan Director 2016-12-21 2017-03-29
DUDLEY, Mairi Susan Director 2018-08-16 2020-11-06
DUFFY, Jonathan Brazier Director 2019-05-16 2024-06-14
EISENBERG, Erin Kate Director 2017-11-30 2021-02-23
GARSTANG, Michael John Director 2004-08-13 2008-06-30
HAWKES, Darren John Director 2016-12-21 2018-02-28
HAWKES, Darren John Director 2015-10-17 2016-07-26
HINTON, Thomas Edward Director 2010-06-30 2013-08-12
HJELM, Jacob Director 2020-05-15 2024-10-31
LAMB, Anthony James Director 2016-12-21 2017-11-30
LANE, Gearoid Martin Director 2004-04-27 2007-07-04
MCCORD, Richard Matthew Director 2013-08-12 2013-12-12
MERTENS, Christoph Friedrich Director 2017-03-29 2023-09-13
MURRAY, David Director 2018-08-16 2024-12-17
PEDERSEN, Per Alva Hjelmsted Director 2013-12-12 2015-10-17
PORTER, Matthew Director 2018-08-31 2018-11-13
PRECHTEL, Felix Hellmut Nicolai, Dr Director 2023-09-13 2024-06-14
REDFERN, Simon Patrick Director 2012-11-26 2013-12-12
ROOKE, Gavin Director 2016-07-26 2016-12-21
SAMBHI, Sarwjit Director 2004-01-16 2005-04-28
SCHWARZ, Adam Paul Director 2020-08-11 2024-06-14
SKINNER, Julian Norman Thomas Director 2024-06-14 2024-09-02
SPENCE, James Director 2007-10-31 2010-06-30
STOKKE, Berit Director 2024-06-14 2025-08-22
STUART, John Lawson Director 2018-01-05 2018-08-31
SUDDABY, Tom Director 2016-12-21 2018-08-14
SYKES, Benjamin John Director 2013-12-12 2020-03-23
THOMPSON, Alan Stewart Director 2007-07-04 2012-09-28
TILSTONE, David Paul Director 2016-12-21 2019-05-13
ULRICH, Jacob Shields Director 2004-01-16 2004-04-27
VON HEYDEN, Harald Director 2024-06-14 2025-08-22
WHEELER, Susan Elizabeth Director 2007-07-04 2010-12-16
WORT, Anthony James Director 2018-11-13 2020-08-11
RM NOMINEES LIMITED Corporate Nominee Director 2004-01-16 2004-01-16

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Race Bank Wind Farm (Holding) Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2016-07-27 Active

Filing timeline

Last 20 of 193 total filings

Date Type Category Description
2025-11-18 CH01 officers Change person director company with change date PDF
2025-08-30 AP01 officers Appoint person director company with name date PDF
2025-08-30 AP01 officers Appoint person director company with name date PDF
2025-08-29 TM01 officers Termination director company with name termination date PDF
2025-08-29 TM01 officers Termination director company with name termination date PDF
2025-07-14 CH01 officers Change person director company with change date PDF
2025-07-14 CH01 officers Change person director company with change date PDF
2025-06-17 CH01 officers Change person director company with change date PDF
2025-06-02 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-06-02 CH01 officers Change person director company with change date PDF
2025-05-16 AA accounts Accounts with accounts type full
2025-05-12 AP01 officers Appoint person director company with name date PDF
2025-05-12 TM01 officers Termination director company with name termination date PDF
2025-05-12 AP01 officers Appoint person director company with name date PDF
2025-01-08 TM01 officers Termination director company with name termination date PDF
2024-10-31 TM01 officers Termination director company with name termination date PDF
2024-09-17 AP01 officers Appoint person director company with name date PDF
2024-09-16 TM01 officers Termination director company with name termination date PDF
2024-06-23 AP01 officers Appoint person director company with name date PDF
2024-06-23 TM01 officers Termination director company with name termination date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
14

last 12 months

Capital events
0

last 24 months

Officers appointed
4

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.

Official Companies House page