DALKIA GROUP 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

  +7.8%

  £608,993,000 → £656,630,000

• Cash

  +119.7%

  £19,806,000 → £43,504,000

• Net assets

  +11.8%

  £50,682,000 → £56,674,000

• Employees

  +29.2%

  4,064 → 5,249

• Operating profit

  +1,637.4%

  £438,000 → £7,610,000

• Profit before tax

  +2,521.8%

  £312,000 → £8,180,000

• Wages

  +22.5%

  £204,306,000 → £250,352,000

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.

1. DALKIA GROUP LIMITED 2023-10-03 → present
2. ESSCI LIMITED 2015-09-22 → 2023-10-03
3. WM TOPCO LIMITED 2015-08-27 → 2015-09-22

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis which the directors consider to be appropriate for the following reasons. The Group delivered a pre-tax profit in the year of £8.2m. The Group had an operating cash inflow of £30.6m during the year, in the prior year the group had operating cash inflow of £8m. At the year-end, the Group had a cash balance of £81.2m and a bank overdraft of £37.7m resulting in a net cash balance of £43.5m. The Group had net current assets of £13.5m and net assets of £56.7m. The bank overdraft is structured as a group cash pooling facility providing a net overdraft limit of up to £10m. The facility allows for each group facility member to go overdrawn so long as the total amount across the group does not fall outside the agreed limits. There is no other external finance outstanding. The information in these financial statements has been prepared on a going concern basis. In assessing the Company's and Group's going concern status, the Directors have considered the current financial position, the trading results since the year end, the secured pipeline of orders and the latest cash flow forecast through to December 2027, taking into consideration reasonable downside scenarios that could impact cash flows. We have also considered the availability of group support from the immediate parent companies. The financial performance of the Group in 2025 surpassed the previous year in terms of both profits and cash flow. The Group has also secured a significant orderbook and has a strong pipeline due, in no small part, to the governments continued investment in the healthcare sector and synergies provided by the ultimate ownership by EDF that in combination the Directors expect to fulfil the current year revenue expectations and therefore enable the Group to meet its earnings expectations over the relevant going concern forecast period. There are many factors that will make the markets, in which the Group operate volatile including inflationary pressures arising from but not limited to the Ukraine crisis and the recent conflict in the Middle East. The Group takes steps to mitigate the impact of any known or identified risks however the risk cannot be completely eradicated and therefore governance processes around open tenders have been modified to mitigate the impact on contract margins. However, being part of EDF Group makes the Group more resilient. EDF Energy Customers Limited and Dalkia SA, intermediate holding companies of the Group, have indicated that they will assist in EDF Energy Services Limited, the immediate parent company of the Group, and its subsidiaries, in meeting their liabilities as and when they fall due to the extent that money is not otherwise available within the group to meet such liabilities, and it does not seek repayment of amounts current owed, for a period of 12 months from the date of signing the financial statements. As with any company placing reliance on other group entities for financial support, the directors acknowledge that there can be no certainty that this support will continue although, at the date of approval of these financial statements, they have no reason to believe that it will not do so. Based on this assessment, the Directors have reasonable expectations that the Company and Group have adequate resources to be able to support growth, working capital commitments, committed capital expenditure and to meet its obligations as they fall due utilising the current facilities that are in place for a period of at least 12 months after signing of these financial statements. Accordingly, the financial statements have been prepared on a going concern basis which the Directors consider appropriate.”

Group structure

1. DALKIA GROUP LIMITED · parent
   1. Dalkia Engineering Holding Limited 100% · Holding company
   2. ESSCI Ireland Limited 100% · Ireland · Holding company
   3. ESSCI Technical Facilities Management Limited 100% · Holding company
   4. Dalkia UK Holding Limited 100% · Holding company
   5. Imtech Engineering Services London & South Limited 100% · Specialises in the areas of engineering construction, building services and light industrial installations
   6. Dalkia Engineering Limited 100% · Provision of electrical and mechanical engineering services for construction projects
   7. Imtech Aqua Limited 100% · Holding company
   8. Imtech Aqua Building Services Limited 100% · Provision of mechanical and electrical engineering services
   9. Imtech Aqua Controls Limited 100% · Design, manufacture, installation and maintenance of intelligent building management systems
   10. Imtech Engineering Services North Limited 100% · Provision of mechanical and electrical engineering services
   11. Dalkia Facilities Holdings Limited 100% · Holding company
   12. Dalkia Facilities Limited 100% · Maintain, install and manage systems and services that support the operation of buildings and infrastructure
   13. Inviron Property Limited 100% · Property management services
   14. Imtech Aqua Maintenance Limited 100% · Dormant
   15. Capula Group Limited 100% · Holding company
   16. Capula Limited 100% · Systems Integration and Business Intelligence
   17. Dalkia Energy Services Limited 100% · Provide Energy and low carbon solutions
   18. The Barkantine Heat and Power Company Limited 100% · Provide Energy and low carbon solutions
   19. DK Low Carbon Solutions Limited 100% · Provision of electrical and mechanical engineering services for construction projects
   20. Breathe Asset Management Services Limited 100% · Energy consultancy services
   21. Dalkia Operations Holding Limited 100% · Holding company
   22. Dalkia Operations Limited 100% · Provision of building services, mechanical and electrical engineering and facilities management services
   23. Dalkia Facilities Northern UK Limited 100% · Facilities management service for the public sector
   24. Dalkia Scotshield Limited 100% · Design, installation, commissioning, monitoring and maintenance service
   25. DK WHS Limited 100% · Provision of mechanical, electrical and instrumentation services
   26. Leven Energy Services Limited 100% · Civil engineering, utility works and recycling services
   27. Environmental Engineering Limited 100% · Holding company
   28. Environmental Engineering UK Limited 100% · Design and supply heating ventilating and air conditioning engineering systems
   29. MSS Clean Technology Limited 100% · Provision close controlled environments

Significant events

• “The Group had a strong sales performance in 2025 despite some headwinds in the UK construction market in the context of high inflation and interest rates. The strategic objective to achieve £600m turnover, as set out in our strategic plan, has been surpassed and the Group is in a very good position as we progress on our final year of Dalkia 2026 strategic plan.”
• “Our Facilities Management activities have been boosted by our development in nuclear, education and industry & technology, notably with the start of the EDF nuclear power stations FM contract on July 1st 2025. The Group welcomed more than 1,000 employees to deliver this long-term contract, strengthening our position in this growing sector and reinforcing our commitment to supporting the UK's critical energy infrastructure.”

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

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.