CWIND LTD
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Cash
£186K
-60.6% lowest in 3 filed years
Net assets
£1.2M
-40.3% lowest in 3 filed years
Employees
54
-20.6% lowest in 3 filed years
Profit before tax
-£779K
+85.5% highest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Audit opinion: Qualified
Latest auditor's report carried a non-clean opinion.
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £7,666,911 | £7,675,139 | £6,326,322 | -17.6% | |
| Operating profit | -£5,671,926 | -£4,841,850 | -£363,123 | +92.5% | |
| Profit before tax | -£5,776,897 | -£5,372,289 | -£779,245 | +85.5% | |
| Net profit | -£5,776,897 | -£5,372,289 | -£779,245 | +85.5% | |
| Cash | £924,689 | £473,283 | £186,455 | -60.6% | |
| Total assets less current liabilities | £7,556,380 | £2,173,289 | £1,394,044 | -35.9% | |
| Net assets | £7,305,734 | £1,933,445 | £1,154,200 | -40.3% | |
| Equity | £7,305,734 | £1,933,445 | £1,154,200 | -40.3% | |
| Average employees | 74 | 68 | 54 | -20.6% | |
| Wages | £3,478,958 | £3,214,352 | £2,511,804 | -21.9% | |
| Directors' remuneration | — | £260,000 | £131,697 | -49.3% |
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 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | -74.0% | -63.1% | -5.7% | |
| Net margin | -75.3% | -70.0% | -12.3% | |
| Return on capital employed | -75.1% | -222.8% | -26.0% | |
| Gearing (liabilities / total assets) | — | 74.8% | 80.4% | |
| Current ratio | 0.64x | 0.39x | 0.40x | |
| Interest cover | -54.03x | -9.13x | -0.87x |
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
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Menzies LLP
- Audit opinion
- Qualified
- Going concern
- Affirmed
“The parent entity has indicated that they will provide the necessary support to ensure the Company's continued operation for a period of at least 12 months from the date of these financial statements. For this reason, the Director continues to adopt the going concern basis in these financial statements.”
Group structure
- CWIND LTD · parent
- CWind 247 GmbH 100%
Significant events
- “Activity during 2025 reflected a period of transition for the business. The long-standing contract with HM Border Force came to an end, while at the same time we saw the re-introduction of clients with whom we had not worked for several years, alongside a number of completely new clients. Together, this diversifcation of our customer base reinforces our view that the offshore renewable energy market remains strong and continues to grow. IIn response to market developments, a fleet renewal plan is being implemented which will see the disposal of older assets to make way for new vessels that are better aligned with the longer-term charter opportunities now prevalent in the offshore renewable sector.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
1 active · 28 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BROWSE, Joseph Daniel James | Director | 2023-10-06 | Feb 1989 | British |
Show 28 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CABLE, Jaime Violet | Secretary | 2018-02-27 | 2023-10-06 |
| CABLE, Jaime | Secretary | 2016-02-03 | 2017-05-02 |
| KEECH, Julie Anne | Secretary | 2017-05-02 | 2018-02-27 |
| ALLEN, Cassie | Director | 2013-02-01 | 2014-07-31 |
| ALLEN, Cassie | Director | 2011-05-01 | 2011-09-27 |
| ANDREWS, Lee | Director | 2016-05-20 | 2017-01-02 |
| BRYAN, Ian Peter | Director | 2018-10-12 | 2019-12-12 |
| BURROWS, Michael George | Director | 2011-10-17 | 2016-02-03 |
| CLEMENTS, Bruce | Director | 2012-02-01 | 2014-10-29 |
| DOUGLAS, Ian David | Director | 2016-02-03 | 2023-03-19 |
| EATON, Jemma | Director | 2014-08-01 | 2016-02-03 |
| FARRANT, Albert | Director | 2023-10-06 | 2024-12-20 |
| FRASER-SMITH, Richard | Director | 2016-02-03 | 2019-03-18 |
| GODDARD, Mark Sean | Director | 2014-08-15 | 2015-11-19 |
| JOHANSEN-ALLISON, Nathanael Chester | Director | 2020-03-11 | 2022-11-25 |
| JORGENSEN, Peter Torben | Director | 2010-06-08 | 2015-10-13 |
| MCCLEMENT, Timothy Pentreath, Sir | Director | 2012-09-21 | 2016-02-03 |
| NEILSON-WATTS, Bruce | Director | 2016-02-03 | 2023-10-06 |
| PEARCE, Stephen Clarke | Director | 2023-03-20 | 2023-10-06 |
| QUESTED, David Darryl | Director | 2010-10-01 | 2014-10-29 |
| RANDLE, Christopher James | Director | 2014-03-14 | 2016-05-20 |
| SIMPSON, Benjamin Patrick Huw | Director | 2012-12-19 | 2014-09-04 |
| SIMPSON, Benjamin Patrick Huw | Director | 2011-01-01 | 2012-06-26 |
| TAYLOR, John James | Director | 2019-12-12 | 2022-01-31 |
| URQUHART, Colin | Director | 2011-01-01 | 2014-10-29 |
| WHITE, Andrew Francis | Director | 2012-12-19 | 2016-11-01 |
| WHITE, Andrew Francis | Director | 2010-06-08 | 2012-06-26 |
| YOUENS, Paul Stephen | Director | 2023-10-06 | 2024-12-20 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Alexander Anthony Haly | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2024-12-20 | Active |
| Inspirit Domingo Bidco Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2023-10-06 | Ceased 2024-12-20 |
| Global Marine Systems Limited | Corporate entity | Shares 75–100% | 2016-11-01 | Ceased 2023-10-06 |
Filing timeline
Last 20 of 266 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-25 | AA | accounts | Accounts with accounts type full | |
| 2026-04-24 | RP01CS01 | confirmation-statement | Replacement filing of confirmation statement with made up date | |
| 2026-01-21 | CS01 | confirmation-statement | Confirmation statement | |
| 2025-07-09 | AA | accounts | Accounts with accounts type full | |
| 2025-01-21 | CH01 | officers | Change person director company with change date | |
| 2025-01-17 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-01-17 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-01-17 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-17 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-17 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-01-14 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-01-03 | AA | accounts | Accounts with accounts type full | |
| 2024-12-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-08 | MR05 | mortgage | Mortgage charge part release with charge number | |
| 2024-07-02 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-07-01 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-12-07 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-10-23 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2023-10-23 | AD01 | address | Change registered office address company with date old address new address |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- 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.