GYM OFFSHORE TWO 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

  -51.1%

  £26,290,367 → £12,860,802

• Cash

  -89.6%

  £75,155 → £7,833

• Net assets

  -9.2%

  £132,018,867 → £119,904,690

• Employees

  —

  Not reported

• Operating profit

  -45.6%

  £27,953,985 → £15,197,116

• Profit before tax

  -43.1%

  £29,606,534 → £16,854,514

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.

1. GYM OFFSHORE TWO LIMITED 2010-05-27 → present
2. RWE NPOWER RENEWABLES (NEWCO) 7 LIMITED 2010-05-21 → 2010-05-27
3. INTERCEDE 2350 LIMITED 2010-03-29 → 2010-05-21

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

PKF Littlejohn LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Company has an operating profit and generates cash sufficient to cover its liabilities and faces no significant risks, therefore, the financial statements have been prepared on a going concern basis.”

Group structure

1. GYM OFFSHORE TWO LIMITED · parent
   1. Gwynt Y Mor Offshore Wind Farm Limited 0.1% · England and Wales · develop, operate and decommission the Gwynt Y Mor Offshore Wind Farm

Significant events

• “During the year the Company Paid a dividend of £16,666,667 (2024: £nil) and underwent a capital reduction and distributed £8,000,000 (2024: £nil) to its parent undertaking, SWM UK Wind One Limited.”

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

Filings

3

last 12 months

Capital events

2

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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