ELECLINK LIMITED

Figures converted to GBP from EUR at 0.870 per EUR (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  -49.8%

  £485,049,135 → £243,339,421

• Cash

  -6.3%

  £211,400,991 → £198,180,711

• Net assets

  -11.9%

  £253,610,749 → £223,391,599

• Employees

  +10%

  30 → 33

• Operating profit

  -58.9%

  £277,929,385 → £114,209,931

• Profit before tax

  -71.2%

  £261,008,783 → £75,269,154

• Wages

  +9.3%

  £3,044,613 → £3,328,115

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. ELECLINK LIMITED 2012-01-04 → present
2. INTERCEDE 2415 LIMITED 2011-04-07 → 2012-01-04

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

Forvis Mazars LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“These financial statements have been prepared on a going concern basis, which presumes that the Company has adequate resources to remain in operation, and that the Directors intend it to do so, for at least one year from the date the financial statements are signed. The Company is expected to generate positive cash flows or be in a position to obtain finance via intercompany loans to continue for the foreseeable future.”

Significant events

• “In 2024, the Company experienced an exceptional decrease in performance, with cable availability of 73.5%. This reduction was due to a fault detected on the electrical interconnector between France and the UK, which has led to a suspension of activity since 25 September 2024.”
• “Repair works were promptly initiated. However, subsequent technical testing ahead of re-energisation revealed a second fault in the nearby area, most likely resulting from the original issue. The repairs, which involved replacing a section of cable and performing rejointing operations, were completed in time for the interconnector to return to service on 5 February 2025.”
• “As at 31 December 2024, ElecLink had already secured forward capacity sales for 74% of its 2025 capacity generating revenues of some €136 million, subject to the availability of the asset following it's successful return to service on 5th February 2025.”

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

Filings

6

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.