MORECAMBE WIND 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

  -7.6%

  £28,993,050 → £26,790,316

• Cash

  +21.7%

  £2,675,891 → £3,256,830

• Net assets

  0%

  £6 → £6

• Employees

  —

  Not reported

• Operating profit

  +1.3%

  -£218,277 → -£215,379

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.

Accounting basis

IFRS

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, the directors have considered all available information about the future, which is at least 12 months from the date of approval of the financial statements. The directors note that the company is in a net current liability position. The company is a party to the West of Duddon Sands offshore wind farm joint operations agreement, under which it can recover all its costs from its shareholders. The directors have considered the company's relationship with its shareholders, and the level of the shareholders' financial resources and are satisfied that these support the company's going concern status.”

Significant events

• “The company's net result for the current financial year was £- (2023: £-).”

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

Filings

7

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

2

last 12 months

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