UK MAINSTREAM RENEWABLE POWER LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-04-01
Overdue
Watchouts
Cash
£630K
+180% vs 2023
Net assets
£2M
+85.7% first positive since 2021
Employees
10
-56.5% vs 2023
Profit before tax
£828K
+179.5% highest in 4 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Confirmation statement overdue
Due 2026-04-01.
Net assets
6-year trend · vs Industrials median
Accounts
6-year trend · latest reflected 2024-12-31
| Metric | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £1,930,751 | £1,670,739 | |
| Operating profit | — | — | -£3,091,337 | -£2,277,505 | -£1,041,477 | £828,246 | |
| Profit before tax | — | — | -£3,091,337 | -£2,277,505 | -£1,041,477 | £828,246 | |
| Net profit | — | — | — | — | -£1,041,477 | £828,246 | |
| Cash | — | — | £72,025 | £1,212,774 | £224,937 | £629,814 | |
| Total assets less current liabilities | £15,647,541 | £19,157,304 | £2,990,357 | £4,031,105 | £966,333 | £1,794,579 | |
| Net assets | £15,647,541 | £19,157,304 | -£22,248,641 | £2,007,810 | £966,333 | £1,794,579 | |
| Equity | £15,647,541 | £19,157,304 | £22,248,641 | £2,007,810 | £966,333 | £1,794,579 | |
| Average employees | 4 | 9 | 16 | 24 | 23 | 10 | |
| Wages | — | — | — | — | £1,956,757 | £1,185,772 | |
| Directors' remuneration | — | — | — | — | £712,854 | £383,037 |
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
-
Turnover
-13.5%
£1,930,751 £1,670,739
-
Cash
+180%
£224,937 £629,814
-
Net assets
+85.7%
£966,333 £1,794,579
first positive since 2021
-
Employees
-56.5%
23 10
-
Operating profit
+179.5%
-£1,041,477 £828,246
highest in 4 filed years
-
Profit before tax
+179.5%
-£1,041,477 £828,246
highest in 4 filed years
-
Wages
-39.4%
£1,956,757 £1,185,772
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 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | -53.9% | 49.6% | |
| Net margin | — | — | — | — | -53.9% | 49.6% | |
| Return on capital employed | — | — | -103.4% | -56.5% | -107.8% | 46.2% | |
| Gearing (liabilities / total assets) | — | — | — | — | 37.4% | 21.0% | |
| Current ratio | — | — | — | — | 2.67x | 1.78x |
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 1 time since incorporation
- UK MAINSTREAM RENEWABLE POWER LIMITED 2008-10-10 → present
- MAINSTREAM RENEWABLE POWER (UK) LIMITED 2008-03-18 → 2008-10-10
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- PricewaterhouseCoopers
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“On an annual basis the Directors review the appropriateness of preparing the financial statements under the going concern principle. The company meets its day-to-day working capital requirements through its cash reserves and ongoing revenue streams. The company's forecasts and projections, taking account of reasonably possible changes in trading performance, show that the company should be able to operate within the level of its current cash reserves. After making enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.”
Significant events
- “On 27 February 2025, the appointment of a new Group CEO effective 1 April 2025 was announced along with the decision to relocate the headquarters of the Group from Dublin to Oslo during 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
1 active · 15 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| STRØMØ, Frode | Director | 2025-05-30 | Jul 1974 | Norwegian |
Show 15 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BILLINGTON, Christopher Mark | Secretary | 2008-03-18 | 2008-04-15 |
| BLAKE, Gavin | Secretary | 2008-11-30 | 2009-05-25 |
| LAVERY, John | Secretary | 2008-04-15 | 2008-11-30 |
| LKG SECRETARIAL LIMITED | Corporate Secretary | 2009-05-22 | 2019-06-25 |
| ANDERSEN, Torben | Director | 2008-04-15 | 2019-02-05 |
| BRUCE, Adam Robert | Director | 2019-06-25 | 2023-04-03 |
| COUNSELL, Simon Thomas | Director | 2020-11-10 | 2025-05-30 |
| DONALDSON, Euan James | Director | 2022-10-31 | 2025-06-27 |
| KINSELLA, Andy | Director | 2008-11-30 | 2019-06-25 |
| LLOYD REES, Sian | Director | 2023-02-24 | 2024-02-29 |
| LYNCH, Malcolm John | Director | 2008-03-18 | 2008-04-15 |
| O'CONNOR, Eddie, Dr | Director | 2008-04-15 | 2018-01-26 |
| QUANEY, Mary | Director | 2017-08-10 | 2020-11-10 |
| SMITH, Cameron Ewen | Director | 2019-06-25 | 2023-02-24 |
| WHELAN, Fintan Michael | Director | 2008-04-15 | 2014-11-10 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr. Kjell Inge Rokke | Individual | Shares 25–50% | 2021-05-11 | Ceased 2022-06-27 |
| Edward O'Connor | Individual | Shares 50–75%, Voting 50–75%, Appoints directors | 2016-04-06 | Ceased 2021-05-11 |
| International Mainstream Renewable Power Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Ceased 2016-04-06 |
| International Mainstream Renewable Power Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 108 total filings
Material constitutional events — rename, articles re-file, resolution
- 2022-12-01 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-08-20 | AA | accounts | Accounts with accounts type full | |
| 2025-07-21 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-06 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-06 | TM01 | officers | Termination director company with name termination date | |
| 2025-03-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-26 | AA | accounts | Accounts with accounts type full | |
| 2024-03-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-03-01 | TM01 | officers | Termination director company with name termination date | |
| 2024-02-03 | AAMD | accounts | Accounts amended with accounts type full | |
| 2023-12-21 | AA | accounts | Accounts with accounts type total exemption full | |
| 2023-12-16 | DISS40 | gazette | Gazette filings brought up to date | |
| 2023-11-28 | GAZ1 | gazette | Gazette notice compulsory | |
| 2023-09-29 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-09-29 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-04-05 | TM01 | officers | Termination director company with name termination date | |
| 2023-03-21 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-02-28 | AP01 | officers | Appoint person director company with name date | |
| 2023-02-28 | TM01 | officers | Termination director company with name termination date | |
| 2022-12-01 | SH01 | capital | Capital allotment shares | |
| 2022-12-01 | RESOLUTIONS | resolution | Resolution |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 2
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.