RHYDY PANDY SOLAR LIMITED

• ⚠

  Material uncertainty over going concern

  These accounts have been prepared on a going concern basis although the Company is in a net liability position. The directors believe this basis is appropriate following the consideration of cashflow forecasts which show the Company is able to meet its liabilities as they fall due for at least twelve months from the date of approval of these financial statements. At the year end, the Company reported net liabilities of £3,372,119 (2024 - £1,620,901), as a result of an intra-group loan (note 17). Should any unforeseen circumstances require additional funding, the Company has obtained written confirmation from its parent that it would provide financial support to meet the Company's liabilities for a period of at least twelve months from the date the financial statements are approved.

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

  -6.8%

  £17,013 → £15,860

• Cash

  -98.9%

  £35,613 → £393

• Net assets

  -108%

  -£1,620,901 → -£3,372,119

• Employees

  —

  Not reported

• Operating profit

  -490.8%

  £237,556 → -£928,313

• Profit before tax

  -339.5%

  -£398,414 → -£1,751,218

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)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

KPMG Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“These accounts have been prepared on a going concern basis although the Company is in a net liability position. The directors believe this basis is appropriate following the consideration of cashflow forecasts which show the Company is able to meet its liabilities as they fall due for at least twelve months from the date of approval of these financial statements. At the year end, the Company reported net liabilities of £3,372,119 (2024 - £1,620,901), as a result of an intra-group loan (note 17). Should any unforeseen circumstances require additional funding, the Company has obtained written confirmation from its parent that it would provide financial support to meet the Company's liabilities for a period of at least twelve months from the date the financial statements are approved.”

Group structure

1. RHYDY PANDY SOLAR LIMITED · parent
   1. Butteriss Downs Solar Farm Limited 100% · England · Solar power generation
   2. Corby Solar Limited 100% · England · Solar power generation
   3. Promothames 1 Limited 100% · England · Solar power generation
   4. Falcon Solar Farm Limited 100% · England · Management and consultancy to Corby Solar Farm Limited
   5. Kite Solar Limited 100% · England · Management and consultancy to Butteriss Downs Solar Farm Limited
   6. Peregrine Solar Limited 100% · England · Management and consultancy to Promothames 1 Limited

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.