NORTHERN HYDROPOWER HOLDINGS LIMITED

• ⚠

  Material uncertainty over going concern

  During the year, the Company experienced a breach in the covenant testing associated with the loan held with the bank. As at the reporting date, the Company has not received a formal waiver from the bank in relation to this breach. The directors consider it unlikely that the bank will take action in respect of the covenant breach, based on ongoing communications and the Company's performance. Nevertheless, the covenant remains in breach since year end, and the directors continue to monitor the situation closely.

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

  -1.8%

  £285 → £280

• Net assets

  0%

  £90,364 → £90,360

• Employees

  —

  Not reported

• Operating profit

  0%

  -£5 → -£5

• Profit before tax

  0%

  -£5 → -£5

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

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

Material uncertainty disclosed

“During the year, the Company experienced a breach in the covenant testing associated with the loan held with the bank. As at the reporting date, the Company has not received a formal waiver from the bank in relation to this breach. The directors consider it unlikely that the bank will take action in respect of the covenant breach, based on ongoing communications and the Company's performance. Nevertheless, the covenant remains in breach since year end, and the directors continue to monitor the situation closely.”

Group structure

1. NORTHERN HYDROPOWER HOLDINGS LIMITED · parent
   1. Northern Hydropower Limited 100% · United Kingdom · operation of two hydro projects and one battery project

Significant events

• “The Company experienced a breach in the covenant testing associated with the loan held with the bank. As at the reporting date, the Company has not received a formal waiver from the bank in relation to this breach. The directors consider it unlikely that the bank will take action in respect of the covenant breach, based on ongoing communications and the Company's performance. Nevertheless, the covenant remains in breach since year end, and the directors continue to monitor the situation closely.”

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

Filings

2

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.