DOGGERBANK OFFSHORE WIND FARM PROJECT 3 HOLDCO LIMITED

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

• ◆

  3 PSCs ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

  —

  Not reported

• Cash

  -9.7%

  £76,500,000 → £69,100,000

• Net assets

  +10.9%

  £210,200,000 → £233,100,000

• Employees

  —

  Not reported

• Profit before tax

  +71.4%

  £700,000 → £1,200,000

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.

Accounting basis

IFRS

Reporting scope

Consolidated group

Auditor

Ernst and Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“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.”

Group structure

1. DOGGERBANK OFFSHORE WIND FARM PROJECT 3 HOLDCO LIMITED · parent
   1. Doggerbank Offshore Wind Farm Project 3 Projco Limited 100% · United Kingdom
   2. DB Operational Base Limited 33.3% · United Kingdom
   3. Doggerbank Offshore Wind Farm Project 3 and 4 Leaseco Limited 50% · United Kingdom

Significant events

• “In September 2019 the UK government announced that the project had been successful in winning Contracts for Difference (CfD) for its entire forecast output of 1,200MW.”
• “Financial Close was achieved on in December 2021. Ahead of Financial Close all ten Major Construction Contracts were signed, as were the main Operations Contracts. In January 2020 onshore construction works began, satisfying a critical consent condition to commence these works before 11 March 2020.”
• “In September 2020 the company DB Operational Base Limited was incorporated to cover all contracts and maintenance operations related to the Dogger Bank projects through its operations base. Construction of the operations base was completed in 2023.”
• “The project is scheduled to be fully operational in 2027.”

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

Filings

12

last 12 months

Capital events

2

last 24 months

Officers appointed

3

last 12 months

Officers resigned

3

last 12 months

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