MC POWER 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

  -22.4%

  £3,833,000 → £2,976,000

• Cash

  -9.4%

  £523,000 → £474,000

• Net assets

  -5.4%

  -£2,641,000 → -£2,783,000

• Employees

  —

  Not reported

• Operating profit

  -46.4%

  £1,621,000 → £869,000

• Profit before tax

  -89.8%

  £787,000 → £80,000

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

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

Standalone (parent only)

Auditor

Deloitte 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 have considered the Company's cash flow for the period of 12 months from the approval date of these financial statements. Thus, they continue to adopt the going concern basis in preparing the annual financial statements.”

Significant events

• “The Company made a profit for the year ended 31 October 2024 of £29,121 (2023: £523,541) and revenue of £3,059,877 (2023: £3,832,927). Total revenue was 20% lower than the prior year, due to decrease in electricity market prices. Cost of sales was 0.5% lower than the prior year, consequently gross profit was 47% lower. The Company's key non-financial performance indicator is yield for the year and was 24,022 MWh (2023: 23,695 MWh) which is a 1% increase. This is due to high wind speeds.”
• “The Electricity Generator Levy ("EGL") came into effect in the UK on 1 January 2023 and will be in force until 31 March 2028. An EGL credit of £16,351 has been reflected within cost of sales in the profit and loss account, to true-up the 2023 estimated EGL charge... There is no EGL charge from 1 January 2024 to 31 December 2024 as the exceptional revenue did not exceed the de minimis threshold.”
• “The Company is a subsidiary of The Renewables Infrastructure Group Limited and continues to be impacted by changes in global wholesale energy prices and geopolitical conflicts.”

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

0

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.