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Cash

£9.7m

+17.3% vs 2024

Net assets

£52m

-14.6% lowest in 3 filed years

Employees

0

Average over period

Profit before tax

£19m

-2.1% lowest in 3 filed years

Accounts

3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31

Metric Trend 2023-12-312024-12-312025-12-31 Δ vs prior
Turnover £46,898,000£42,316,000£42,910,000 +1.4%
Operating profit £25,022,000£19,841,000£20,310,000 +2.4%
Profit before tax £24,053,000£19,313,000£18,917,000 -2.1%
Net profit £18,044,000£13,882,000£13,540,000 -2.5%
Cash £13,943,000£8,247,000£9,673,000 +17.3%
Total assets less current liabilities £119,781,000£107,471,000£98,048,000 -8.8%
Net assets £69,728,000£60,710,000£51,850,000 -14.6%
Equity £69,728,000£60,710,000£51,850,000 -14.6%
Average employees 000
Wages
Directors' remuneration £0£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. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show . About these numbers

Ratios

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

Ratio Trend 2023-12-312024-12-312025-12-31
Operating margin 53.4%46.9%47.3%
Net margin 38.5%32.8%31.6%
Return on capital employed 20.9%18.5%20.7%
Gearing (liabilities / total assets) 47.8%46.4%50.6%
Current ratio 2.15x3.99x3.81x
Interest cover 21.17x18.63x12.20x

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.

Audit & accounting basis

Accounting basis
IFRS
Reporting scope
Standalone (parent only)
Auditor
Deloitte LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The going concern basis is considered to be appropriate by the directors as the company is in a net current asset position and financial obligations are forecast to be covered by operational cash flows. On this basis, the directors have a reasonable expectation that the company will have adequate resources to continue in operational existence for the foreseeable future, being at least 12 months from date of signing. Thus, they continue to adopt the going concern basis in preparing the annual financial statements.”

Significant events

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

People

8 active · 32 resigned

Name Role Appointed Born Nationality
DONN, Jennifer Rona Secretary 2025-01-20
SAINSBURY, Penelope Anne Secretary 2006-03-13 British
DUFFY, Jonathan Brazier Director 2022-08-24 May 1977 Irish
FLOREZ RODRIGUEZ, Cristian Dario Director 2024-06-30 Mar 1987 Colombian
HERNANDEZ DE RIQUER, Pablo Mariano Director 2019-04-24 Aug 1985 Spanish
POWELL, Victoria Marie Director 2026-01-01 Apr 1983 British
REES, Carol Jayne Director 2023-12-01 Mar 1963 British
SANCHO PERIS, Sara Director 2024-08-12 Aug 1979 Spanish
Show 32 resigned officers
Name Role Appointed Resigned
BARRAS, Christopher David Secretary 2006-08-14 2020-06-30
WELLS, Simon John Secretary 2005-06-21 2006-03-13
SWIFT INCORPORATIONS LIMITED Corporate Nominee Secretary 2005-06-21 2005-06-21
AELENS, Thierry Director 2009-10-01 2012-10-01
BARATA RODRIGUES, Patricia Maria, Dr Director 2013-03-25 2013-11-11
CAVANAGH, James Director 2021-11-01 2024-06-30
COWLING, Paul Leslie Director 2013-05-10 2020-01-20
COWLING, Paul Leslie Director 2007-08-02 2010-04-30
FORBES, Clare Jan Director 2020-11-13 2023-12-01
FREEMAN, Benjamin James Director 2012-12-17 2015-07-13
FURLONG, Benjamin Victor, Dr Director 2018-03-16 2024-12-01
GARRETT, Rachael Marie, Dr Director 2017-06-16 2018-03-15
HANSSON, Jimmy Nils Director 2013-10-07 2015-09-25
LANGHAM, Martin Director 2014-01-06 2015-04-20
LILLEY, Stephen Bernard Director 2013-03-25 2023-04-21
LINSELL, Alexandra Jane Director 2015-07-13 2017-06-16
MADGWICK, Jonathan Guy Director 2005-06-24 2006-07-18
MCCULLOUGH, Kevin Director 2005-06-21 2009-09-30
MCKENZIE, John Director 2020-01-20 2025-12-31
MOCKL, Christian Rudiger Director 2015-07-13 2020-09-14
MOSELEY, Keith Director 2007-08-02 2010-04-30
PORTER, Jason Paul Director 2015-11-30 2019-04-24
RIPPHAHN, Conny Director 2020-09-14 2021-10-31
SANDFORD, Richard Jennings Director 2015-07-13 2020-07-01
SANDFORD, Richard Jennings Director 2009-10-01 2013-05-10
SCUPOLA, Valerio Director 2023-04-21 2024-06-07
SHARMAN, Peter Russell Director 2008-12-12 2012-12-14
SMITH, Karl Ben Director 2015-04-21 2022-08-24
SZANTO, Dominic Anthony, Dr Director 2013-03-25 2013-07-08
ULENS, Alexis Eduardo Director 2015-04-21 2023-10-05
WILLIAMS, Peter James Director 2013-07-08 2015-07-13
WILLIAMS, Peter James Director 2012-10-01 2013-03-25

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Rwe Renewables Uk Swindon Limited Corporate entity Shares 50–75%, Voting 50–75% 2016-04-06 Active

Filing timeline

Last 20 of 168 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2024-12-04 RESOLUTIONS Resolution
Date Type Category Description
2026-07-28 AA accounts Accounts with accounts type full PDF
2026-07-20 AP01 officers Appoint person director company with name date PDF
2026-07-20 TM01 officers Termination director company with name termination date PDF
2026-07-15 CS01 confirmation-statement Confirmation statement with no updates PDF
2026-01-02 AP01 officers Appoint person director company with name date PDF
2025-12-31 TM01 officers Termination director company with name termination date PDF
2025-12-23 AA accounts Accounts with accounts type full PDF
2025-10-13 CH01 officers Change person director company with change date PDF
2025-07-14 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-02-05 CH01 officers Change person director company with change date PDF
2025-02-04 AP03 officers Appoint person secretary company with name date PDF
2024-12-17 CH01 officers Change person director company with change date PDF
2024-12-17 CH01 officers Change person director company with change date PDF
2024-12-04 SH19 capital Capital statement capital company with date currency figure
2024-12-04 SH20 capital Legacy
2024-12-04 CAP-SS insolvency Legacy
2024-12-04 RESOLUTIONS resolution Resolution
2024-12-03 TM01 officers Termination director company with name termination date PDF
2024-08-13 AP01 officers Appoint person director company with name date PDF
2024-07-15 CS01 confirmation-statement Confirmation statement with no updates PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
8

last 12 months

Capital events
2

last 24 months

Officers appointed
1

last 12 months

Officers resigned
1

last 12 months

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

Official Companies House page