RWE MARKINCH LIMITED
Get an alert when RWE MARKINCH LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-05-07 (in 1y)
Last made up 2026-04-23
Watchouts
None on the register
Cash
—
Latest balance sheet
Net assets
£72M
+15.2% vs 2023
Employees
42
-2.3% vs 2023
Profit before tax
£14M
-86.8% vs 2023
Net assets
2-year trend · vs Utilities median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £80,925,000 | £68,521,000 | |
| Operating profit | £105,220,000 | £14,675,000 | |
| Profit before tax | £103,100,000 | £13,610,000 | |
| Net profit | £76,585,000 | £9,486,000 | |
| Cash | — | — | |
| Total assets less current liabilities | £243,208,000 | £255,821,000 | |
| Net assets | £62,531,000 | £72,017,000 | |
| Equity | £62,531,000 | £72,017,000 | |
| Average employees | 43 | 42 | |
| Wages | £2,790,000 | £3,092,000 | |
| 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
-
Turnover
-15.3%
£80,925,000 £68,521,000
-
Cash
—
Not reported
-
Net assets
+15.2%
£62,531,000 £72,017,000
-
Employees
-2.3%
43 42
-
Operating profit
-86.1%
£105,220,000 £14,675,000
-
Profit before tax
-86.8%
£103,100,000 £13,610,000
-
Wages
+10.8%
£2,790,000 £3,092,000
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 130.0% | 21.4% | |
| Net margin | 94.6% | 13.8% | |
| Return on capital employed | 43.3% | 5.7% | |
| Gearing (liabilities / total assets) | 77.2% | 73.9% | |
| Current ratio | 4.21x | 7.14x | |
| Interest cover | 20.73x | 2.86x |
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 5 times since incorporation
- RWE MARKINCH LIMITED 2016-05-04 → present
- RWE INNOGY MARKINCH LIMITED 2014-01-31 → 2016-05-04
- RWE NPOWER RENEWABLES (MARKINCH) LIMITED 2009-06-30 → 2014-01-31
- RWE NPOWER RENEWABLES (TULLIS RUSSELL) LIMITED 2009-05-01 → 2009-06-30
- FIFE NESS OFFSHORE WIND FARM LIMITED 2008-10-13 → 2009-05-01
- GLACIUS NO.2 LIMITED 2008-04-23 → 2008-10-13
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have at the time of approving the financial statements, a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. The directors consider this to be at least 1 year from the approval of the financial statements. They continue to adopt the going concern basis of accounting in preparing the financial statements.”
Significant events
- “In 2024 a new UK Government was formed and the new Clean Power 2030 Action Plan has been launched.”
- “In September 2024, a financial investment decision was passed for an initiative to provide enhanced grid stability and system restoration services.”
- “The Company carried out a study assessing the possibility of building a Carbon Capture Plant at Markinch capable of capturing 454,000 tonnes of CO2 per year.”
- “Permits for the commercial burn of Solid Recovered Fuel (SRF) commenced in January 2024, and commenced using sawmill residues as a partial alternative to forestry residues.”
- “In 2024, Deloitte LLP was appointed as our new independent auditors, succeeding PricewaterhouseCoopers LLP.”
- “In June 2023, the English High Court determined the outcome of a legal case (Virgin Media Limited v NTL Pension Trustees LL Ltd and others) which may invalidate certain amendments made by certain defined benefit pension schemes in the UK. In July 2024, the English Court of Appeal upheld the original decision.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 27 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| KEENE, Jason Anthony | Secretary | 2017-01-01 | — | — |
| JEFFERY, William Henry | Director | 2022-10-07 | Sep 1970 | British |
| MINNES, Grant | Director | 2023-07-01 | Oct 1987 | British |
| WILSON, Oliver Donald | Director | 2023-11-01 | Sep 1974 | British |
Show 27 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BARRAS, Christopher David | Secretary | 2009-07-15 | 2016-07-18 |
| SAINSBURY, Penelope Anne | Secretary | 2009-07-07 | 2016-12-31 |
| ALNERY INCORPORATIONS NO.1 LIMITED | Corporate Secretary | 2008-04-23 | 2008-04-29 |
| BECKERS, Volker Bernd, Dr | Director | 2008-04-29 | 2008-10-07 |
| CALVERT, Ian Robert | Director | 2010-08-16 | 2019-12-21 |
| COWLING, Paul Leslie | Director | 2009-09-24 | 2010-04-30 |
| COWLING, Paul Leslie | Director | 2008-10-07 | 2009-04-27 |
| DUFF, Andrew James | Director | 2008-04-29 | 2008-10-07 |
| GLOVER, Stephen Charles | Director | 2020-04-29 | 2021-03-31 |
| JEFFERY, William Henry | Director | 2019-05-01 | 2020-04-29 |
| LINDLEY, Kevin | Director | 2016-01-01 | 2016-10-10 |
| LITTLE, Richard John | Director | 2016-10-10 | 2019-05-01 |
| LOHR, Stephan | Director | 2009-04-27 | 2010-08-16 |
| LYNCH-WILLIAMS, Julia | Director | 2010-05-01 | 2011-06-30 |
| MALLETT, Helen Wendy | Director | 2019-07-26 | 2022-09-30 |
| MOSELEY, Keith | Director | 2008-10-07 | 2009-04-27 |
| O'CONNOR, Martin Peter, Dr | Director | 2022-10-07 | 2023-10-31 |
| O'CONNOR, Martin Peter, Dr | Director | 2019-12-21 | 2020-04-29 |
| PIDDINGTON, Philip Charles | Director | 2011-07-01 | 2015-03-31 |
| SCHMELTER, Kathrin | Director | 2021-04-01 | 2023-07-03 |
| SHARMAN, Peter Russell | Director | 2015-04-01 | 2015-09-30 |
| SHARMAN, Peter Russell | Director | 2009-04-27 | 2012-09-09 |
| SULEMAN, Mohamed Shabir | Director | 2020-04-29 | 2022-10-07 |
| WALL, Rebecca Claire | Director | 2016-04-01 | 2019-07-26 |
| ZOELLMANN, Kai Peter, Dr | Director | 2012-09-10 | 2016-03-31 |
| ALNERY INCORPORATIONS NO.1 LIMITED | Corporate Director | 2008-04-23 | 2008-04-29 |
| ALNERY INCORPORATIONS NO.2 LIMITED | Corporate Director | 2008-04-23 | 2008-04-29 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Rwe Generation Uk Plc | Corporate entity | Shares 75–100%, Voting 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 115 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-22 | AA | accounts | Accounts with accounts type full | |
| 2025-05-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-16 | AA | accounts | Accounts with accounts type full | |
| 2024-05-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-11-17 | TM01 | officers | Termination director company with name termination date | |
| 2023-11-15 | AP01 | officers | Appoint person director company with name date | |
| 2023-10-02 | AA | accounts | Accounts with accounts type full | |
| 2023-07-05 | AP01 | officers | Appoint person director company with name date | |
| 2023-07-05 | TM01 | officers | Termination director company with name termination date | |
| 2023-05-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-07 | AP01 | officers | Appoint person director company with name date | |
| 2022-10-07 | AP01 | officers | Appoint person director company with name date | |
| 2022-10-07 | TM01 | officers | Termination director company with name termination date | |
| 2022-10-07 | TM01 | officers | Termination director company with name termination date | |
| 2022-08-09 | AA | accounts | Accounts with accounts type full | |
| 2022-05-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-07-02 | AA | accounts | Accounts with accounts type full | |
| 2021-04-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-04-19 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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.