AFTON WIND FARM LIMITED
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Cash
£3.3m
+254.3% vs 2024
Net assets
£14m
-8.9% vs 2024
Employees
3
+50% vs 2024
Profit before tax
£5.7m
+27.6% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
3 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Net assets
2-year trend · vs Utilities median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £15,925,578 | £17,702,758 | +11.2% | |
| Operating profit | £7,593,452 | £8,810,534 | +16% | |
| Profit before tax | £4,459,946 | £5,692,404 | +27.6% | |
| Net profit | £2,980,753 | £3,944,929 | +32.3% | |
| Cash | £938,656 | £3,325,919 | +254.3% | |
| Total assets less current liabilities | £84,855,797 | £81,223,438 | -4.3% | |
| Net assets | £15,005,757 | £13,677,396 | -8.9% | |
| Equity | £15,005,757 | £13,677,396 | -8.9% | |
| Average employees | 2 | 3 | +50% | |
| Wages | — | — | — | |
| Directors' remuneration | — | — | — |
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 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|
| Operating margin | 47.7% | 49.8% | |
| Net margin | 18.7% | 22.3% | |
| Return on capital employed | 8.9% | 10.8% | |
| Gearing (liabilities / total assets) | 83.4% | 84.4% | |
| Current ratio | 1.54x | 1.52x | |
| Interest cover | 1.44x | 1.87x |
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.
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- AAB Audit & Accountancy Ltd
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on this assessment, the directors have concluded that the Company has sufficient resources to continue as a going concern and the financial statements have therefore been prepared on a going concern basis.”
Significant events
- “The key risks are that wind speeds are lower than anticipated and that turbine assets suffer from a delay in maintenance and operational support, particularly if there is equipment failure or the supplier faces difficulties in meeting service level agreements.”
- “The directors have taken steps to mitigate the risk through financial planning, by forecasting on a regular basis and parent company support.”
- “On the 14th of April 2026, the Company declared a £2m dividend to its parent company Afton Wind Farm Holdings Limited. This was paid on the 17th of April 2026.”
- “As at 31 December 2025 the Company had unexpired Letters of Credit totalling £17,853,151 (2024: £17,854,696).”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 17 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DAVIES, Owain | Secretary | 2024-07-10 | — | — |
| SPINK, Adam James | Director | 2026-08-07 | Apr 1991 | British |
| WEI, Song | Director | 2026-08-07 | Apr 1973 | Chinese |
| WYLLIE, Peter Bruce | Director | 2026-03-26 | Jan 1979 | British |
Show 17 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| GODDARD, James Paul Alexander | Secretary | 2023-11-07 | 2024-07-10 |
| MCMURRAY, Robert Dow | Secretary | 2018-10-10 | 2021-11-09 |
| MENDES, Emily | Secretary | 2018-01-12 | 2018-10-10 |
| WILLIAMSON, Rachel Elizabeth | Secretary | 2021-11-09 | 2023-07-20 |
| WYLLIE, Alison | Secretary | 2016-08-16 | 2018-01-12 |
| BRUCE, David Samuel | Director | 2021-10-01 | 2023-09-29 |
| DRIVER, Ross William | Director | 2016-10-10 | 2018-10-10 |
| DRIVER, Ross William | Director | 2016-08-16 | 2016-08-26 |
| DU, Ligang | Director | 2019-05-06 | 2020-07-22 |
| FINNON, David Anthony | Director | 2024-12-18 | 2025-12-12 |
| GRIMSON, Ina Denise | Director | 2023-03-09 | 2026-03-26 |
| GRIMSON, Ina Denise | Director | 2020-11-11 | 2022-10-04 |
| MADGWICK, Jonathan Guy | Director | 2019-05-06 | 2023-02-28 |
| PAN, Liqing | Director | 2018-10-10 | 2019-05-06 |
| WATSON, Sean | Director | 2016-08-26 | 2018-10-10 |
| WEIFEI, Shi | Director | 2022-10-04 | 2026-08-07 |
| XINLU, Li | Director | 2018-10-10 | 2022-03-24 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Red Rock Renewables Limited | Corporate entity | Significant influence | 2023-11-24 | Active |
| Afton Wind Farm (Holdings) Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2017-09-08 | Active |
| Infrared Infrastructure Iii General Partner Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-08-16 | Ceased 2017-09-08 |
Filing timeline
Last 20 of 83 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-20 | AA | accounts | Accounts with accounts type full | |
| 2026-08-12 | AP01 | officers | Appoint person director company with name date | |
| 2026-08-10 | AP01 | officers | Appoint person director company with name date | |
| 2026-08-10 | TM01 | officers | Termination director company with name termination date | |
| 2026-07-15 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-03-26 | AP01 | officers | Appoint person director company with name date | |
| 2026-03-26 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-12 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-01 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-08-13 | CH01 | officers | Change person director company with change date | |
| 2025-08-13 | CH01 | officers | Change person director company with change date | |
| 2025-05-29 | AA | accounts | Accounts with accounts type full | |
| 2025-01-24 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-18 | MR05 | mortgage | Mortgage charge part release with charge number | |
| 2024-10-18 | MR05 | mortgage | Mortgage charge part release with charge number | |
| 2024-09-02 | AA | accounts | Accounts with accounts type full | |
| 2024-08-28 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-07-10 | AP03 | officers | Appoint person secretary company with name date | |
| 2024-07-10 | TM02 | officers | Termination secretary company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 10
- Capital events
- 0
- Officers appointed
- 3
- Officers resigned
- 3
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.