COVENTRY DISTRICT ENERGY COMPANY LIMITED

• ⚠

  Annual accounts overdue

  Due 2025-12-31.

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

  +20%

  £1,416,000 → £1,699,000

• Cash

  —

  Not reported

• Net assets

  +0.7%

  -£1,590,000 → -£1,579,000

• Employees

  —

  Not reported

• Operating profit

  -6.2%

  £241,000 → £226,000

• Profit before tax

  -210%

  £100,000 → -£110,000

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 101

Reporting scope

Standalone (parent only)

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have, at the time of approving the financial statements, an expectation that the Company has adequate resources to continue in operational existence for the period to 31 July 2026. Thus, they continue to adopt the going concern basis of accounting in preparing the financial statements.”

Significant events

• “On 15 September 2023, Equans Holding UK Limited signed a Share Purchase Agreement with a consortium formed by Swiss Life Asset Managers and Schroders Greencoat LLP for the sale of its district heating business in the United Kingdom ("UK"). Coventry District Energy Company Limited ("the Company") was part of the UK portfolio included in the sale.”
• “The sale was completed on 31 December 2023, when Bring Energy Group Limited (formerly Burnie Bidco Limited) acquired Bring Energy Concessions Limited (formerly Equans DE Holding Company Limited) ("BECL").”
• “As such, from 31 December 2023, the ultimate parent of the Company changed from Bouygues S.A. to Swiss Life Holding AG. Swiss Life Holding AG is the ultimate parent company of Bring Energy Group Limited (formerly Burnie Bidco Limited).”
• “In 2024, as part of the integration activities to Bring Energy group along with the purchase price allocation exercise, a detailed review of the balance sheet and fixed assets was conducted. This review resulted in the discovery of an error in the accounting treatment of the service concession agreement entered into by the Company and the council.”

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

Filings

10

last 12 months

Capital events

0

last 24 months

Officers appointed

3

last 12 months

Officers resigned

2

last 12 months

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