LOW CARBON CONTRACTS COMPANY LTD
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Cash
£587m
-1.4% vs 2025
Net assets
£1k
Equity attributable
Employees
276
+16.9% highest in 3 filed years
Profit before tax
—
Period ending 2026-03-31
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 | 2026-03-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | — | £7,328,143,000 | £38,579,000 | -99.5% | |
| Operating profit | — | — | — | — | |
| Profit before tax | — | -£18,862,000 | — | — | |
| Net profit | £0 | -£18,862,000 | — | — | |
| Cash | £457,075,000 | £595,488,000 | £586,919,000 | -1.4% | |
| Total assets less current liabilities | — | — | — | — | |
| Net assets | £0 | £0 | — | — | |
| Equity | £0 | £1,000 | £1,000 | 0% | |
| Average employees | 182 | 236 | 276 | +16.9% | |
| Wages | £11,866,000 | £15,968,000 | £18,766,000 | +17.5% | |
| Directors' remuneration | — | £476,069 | £556,617 | +16.9% | |
| Directors' pension contributions | £43,619,000 | £45,363,000 | — | — | |
| Highest paid director | £320,832,000 | £277,649 | £305,064 | +9.9% |
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 | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|
| Net margin | — | -0.3% | — | |
| Gearing (liabilities / total assets) | 100.0% | 100.0% | — | |
| Current ratio | 0.97x | 0.87x | 0.91x |
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.
Name history
Renamed 1 time since incorporation
- LOW CARBON CONTRACTS COMPANY LTD 2014-04-29 → present
- CFD COUNTERPARTY COMPANY LIMITED 2013-12-18 → 2014-04-29
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- National Audit Office
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on their assessment, our Directors have concluded that there are no material uncertainties related to events or conditions that may cast significant doubt on the company's ability to continue in operation and meet its liabilities as they fall due over the relevant period.”
Significant events
- “AR7 saw a record-breaking 211 contracts delivered, equating to an additional 1.6x in capacity over 75GW and 46GW respectively from offshore wind, solar, and hydro.”
- “The first full year of operation for the Nuclear RAB model, supporting Sizewell C, marked significant milestones in the construction of a 245-tonne generator. This is expected to provide 3.2GW of energy and support over 25,000 jobs.”
- “LCCC delivered two industrial CCUS projects, the Hynet Cluster and the East Coast Cluster, providing carbon capture for two industrial facilities expected to capture approximately 559,999 tonnes of CO2 per annum.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
11 active · 25 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SANDLE, Allison Jane | Secretary | 2020-11-02 | — | — |
| ALDRIDGE, Amanda Jane | Director | 2020-04-02 | Dec 1962 | British |
| BICKERSTAFF, Anthony Oliver | Director | 2025-09-03 | Jun 1964 | British |
| COLEMAN, Joanna Clare | Director | 2024-06-06 | May 1968 | British |
| JONES, Hugo Owen | Director | 2026-03-30 | Sep 1991 | British |
| MAYHEW, Maxine Eleanor, Dr | Director | 2020-08-13 | Aug 1973 | British |
| MCDERMOTT, Neil | Director | 2014-07-22 | Sep 1964 | British |
| MCILROY, Gerard Myles | Director | 2020-10-27 | Feb 1969 | British |
| MCVICAR, Euan Forbes | Director | 2025-05-12 | Sep 1972 | British |
| OSGOOD, Dan | Director | 2023-11-06 | May 1976 | British |
| PITT, George Nicholas Edward | Director | 2020-08-13 | Jun 1977 | British |
Show 25 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HAMBROOK, Rachael | Secretary | 2020-06-06 | 2020-11-02 |
| MACRITCHIE, Kenneth | Secretary | 2014-03-12 | 2014-10-09 |
| WILLIAMS, Claire Anne | Secretary | 2014-10-09 | 2020-06-06 |
| BALDOCK, Anne Elizabeth | Director | 2014-11-11 | 2021-05-11 |
| BICKERSTAFF, Anthony Oliver | Director | 2014-11-11 | 2020-10-02 |
| BURKE, Declan Patrick | Director | 2020-01-29 | 2023-07-10 |
| BURKE, Declan Patrick | Director | 2014-03-12 | 2014-07-22 |
| COLLYER, Katherine Sara | Director | 2018-09-13 | 2019-10-05 |
| ELLISTON, Simon James | Director | 2015-12-16 | 2018-04-12 |
| FINN, Regina | Director | 2019-09-02 | 2025-09-03 |
| GAN, Catherine | Director | 2017-04-24 | 2019-11-15 |
| HURST, Stephanie, Dr | Director | 2020-01-29 | 2026-03-29 |
| KEOHANE, James Anthony | Director | 2014-05-02 | 2020-02-29 |
| KING, Marion Ruth | Director | 2014-11-11 | 2017-11-11 |
| LAMPRELL, Helen Louise | Director | 2021-01-19 | 2024-10-31 |
| LONG, David Roger | Director | 2015-10-27 | 2019-12-12 |
| MILLS, Jonathan | Director | 2014-03-12 | 2015-10-27 |
| MURRAY, Christopher John | Director | 2018-06-26 | 2024-06-25 |
| ODGERS, Anthony Louis | Director | 2014-05-02 | 2015-10-27 |
| OREBI GANN, Simon James, Dr | Director | 2014-11-11 | 2020-11-11 |
| PHAROAH, Timothy Michael | Director | 2013-12-18 | 2014-03-12 |
| READ, CBE, Martin Peter, Dr | Director | 2014-05-02 | 2018-09-30 |
| TURNER, Helen Elizabeth | Director | 2014-07-22 | 2016-12-07 |
| WHITE, Anthony Alfred Leigh, Dr | Director | 2014-11-11 | 2018-07-11 |
| TRUSEC LIMITED | Corporate Director | 2013-12-18 | 2014-03-12 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Secretary Of State For The Department Of Energy Security And Net Zero | Legal person | Shares 75–100% | 2023-05-02 | Active |
| Secretary Of State For Business, Energy And Industrial Strategy | Legal person | Shares 75–100% | 2016-11-09 | Ceased 2023-05-02 |
Filing timeline
Last 20 of 110 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-08-24 MA Memorandum articles
- 2024-08-24 RESOLUTIONS Resolution
- 2024-08-22 CC04 Statement of companys objects
- 2024-01-20 MA Memorandum articles
- 2024-01-20 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-03 | AP01 | officers | Appoint person director company with name date | |
| 2026-08-10 | AA | accounts | Accounts with accounts type full | |
| 2026-04-10 | AP01 | officers | Appoint person director company with name date | |
| 2026-04-08 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-08 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-08 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-05 | AA | accounts | Accounts with accounts type full | |
| 2025-05-30 | AP01 | officers | Appoint person director company with name date | |
| 2024-12-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-19 | PSC06 | persons-with-significant-control | Change to a person with significant control | |
| 2024-11-06 | TM01 | officers | Termination director company with name termination date | |
| 2024-08-24 | MA | incorporation | Memorandum articles | |
| 2024-08-24 | RESOLUTIONS | resolution | Resolution | |
| 2024-08-22 | CC04 | change-of-constitution | Statement of companys objects | |
| 2024-08-09 | AA | accounts | Accounts with accounts type full | |
| 2024-07-01 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-01 | TM01 | officers | Termination director company with name termination date | |
| 2024-01-20 | MA | incorporation | Memorandum articles | |
| 2024-01-20 | RESOLUTIONS | resolution | Resolution |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- Capital events
- 0
- Officers appointed
- 2
- Officers resigned
- 2
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.