LIGHTSOURCE BP RENEWABLE ENERGY INVESTMENTS LIMITED

• ◆

  Material uncertainty over going concern

  In February 2025, the bp group publicly announced its intention to bring a partner into Lightsource bp, potentially altering the ownership structure of the Lightsource bp group and Company during the going concern assessment period. Whilst the Directors expect any incoming partner to continue to operate the Company as a going concern, it is not possible for the Directors to confirm the intentions, plans or funding arrangements of any incoming partner should any such transaction complete. Therefore, whilst the Directors expect any incoming partner to continue to operate the Company as a going concern, the potential change in ownership structure of the Lightsource bp group and Company, and any consequential changes that may arise from such change, creates a material uncertainty that may cast significant doubt on the ability of the Company to continue as a going concern.

• ·

  Going-concern uncertainty disclosed

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

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.

1. LIGHTSOURCE BP RENEWABLE ENERGY INVESTMENTS LIMITED 2018-02-02 → present
2. LIGHTSOURCE RENEWABLE ENERGY INVESTMENTS LIMITED 2015-03-18 → 2018-02-02
3. LIGHTSOURCE RENEWABLE INVESTMENTS LIMITED 2015-03-17 → 2015-03-18

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“In February 2025, the bp group publicly announced its intention to bring a partner into Lightsource bp, potentially altering the ownership structure of the Lightsource bp group and Company during the going concern assessment period. Whilst the Directors expect any incoming partner to continue to operate the Company as a going concern, it is not possible for the Directors to confirm the intentions, plans or funding arrangements of any incoming partner should any such transaction complete. Therefore, whilst the Directors expect any incoming partner to continue to operate the Company as a going concern, the potential change in ownership structure of the Lightsource bp group and Company, and any consequential changes that may arise from such change, creates a material uncertainty that may cast significant doubt on the ability of the Company to continue as a going concern.”

Group structure

1. LIGHTSOURCE BP RENEWABLE ENERGY INVESTMENTS LIMITED · parent
   1. Lightsource Holdings 1 Ltd 100% · United Kingdom
   2. 3725 Sharp Development Pty Ltd 100% · Australia
   3. Lightsource France Development SAS 100% · France
   4. Lightsource Renewable Energy Italy Development, S.r.l. 100% · Italy
   5. Lightsource Renewable Energy Development Japan GK 100% · Japan

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

Filings

8

last 12 months

Capital events

1

last 24 months

Officers appointed

1

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.