MIDSUMMER ENERGY LTD

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

  -2.1%

  £110,699,440 → £108,390,620

• Cash

  +110.3%

  £3,676,166 → £7,731,743

  highest in 4 filed years

• Net assets

  -3.2%

  £25,242,564 → £24,440,770

• Employees

  +8.1%

  124 → 134

  highest in 4 filed years

• Operating profit

  -110.3%

  £6,308,356 → -£649,019

• Profit before tax

  -108.4%

  £6,408,707 → -£536,714

• Wages

  +20.5%

  £4,196,491 → £5,057,521

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.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Chater Allan LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The Directors believe the company is well placed to manage its business risks successfully despite the current uncertain economic outlook. Accordingly, they continue to adopt the going concern basis in preparing the annual report and accounts.”

Group structure

1. MIDSUMMER ENERGY LTD · parent
   1. Midsummer Renewables Limited 100% · Dublin · The wholesale of renewable energy systems

Significant events

• “The reported net loss reflects the impact of a fire at the Group's new warehouse facility in the final month of the year, resulting in the loss of stock, the building, and associated one-off costs.”
• “During the year, one of the company's buildings was significantly damaged by fire. A claim has been submitted to the company's insurers in respect of the losses incurred.”
• “Subsequent to the reporting date, the insurer accepted the claim, and proceeds of £4,385,880 has been received.”

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

Filings

8

last 12 months

Capital events

3

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.