YORKSHIRE HYDROPOWER 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

  -28.4%

  £757,522 → £542,619

• Cash

  +3%

  £244,721 → £252,109

• Net assets

  +9.1%

  £1,063,406 → £1,159,657

• Employees

  —

  Not reported

• Operating profit

  +90.3%

  -£392,398 → -£38,113

• Profit before tax

  +72.1%

  -£489,631 → -£136,400

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

Crowe U.K. LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have considered the use of the going concern basis in the preparation of the financial statements in light of current market conditions and concluded that it is appropriate. In arriving at their conclusion, the directors have assessed the uncertainty it brings is balanced out by the Company's other main source of revenue, the revenues associated with the Feed-in Tariff (FIT), which has fixed prices per MWh and therefore adds a degree of certainty to a portion of future revenues which heavily contributes to the going concern assumption. The directors will continue to closely monitor the situation and to take appropriate action if deemed necessary.”

Significant events

• “During the prior year, the Company experienced a breach in the covenant testing associated with the loan held with the bank. A waiver was received from the bank in respect of that breach. The covenant breach has continued into the current year and remains in breach since year end. As at the reporting date, no waiver has been obtained from the bank in relation to the current year breach.”
• “The provision of £140,000 is in relation to costs regarding an on-going health and safety investigation following an incident at one of the Company's hydropower facilities in 2019.”

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

1

last 12 months

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