COVANTA HOLDING UK LIMITED

• ⚠

  Material uncertainty over going concern

  The Directors intend to wind up the Company in the foreseeable future. Accordingly, the financial statements have not been prepared on a going concern basis. The carrying value of assets represents their realisable amounts and liabilities which will arise have been accrued for. Any costs associated with the wind up of the Company will be borne by the Parent Company.

Figures converted to GBP from EUR at 0.870 per EUR (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  —

  Not reported

• Cash

  -62.1%

  £26,221 → £9,934

• Net assets

  -154.5%

  -£41,343 → -£105,235

• Employees

  —

  Not reported

• Operating profit

  -34.9%

  -£47,359 → -£63,893

• Profit before tax

  -34.9%

  -£47,359 → -£63,893

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

Ernst & Young

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The Directors intend to wind up the Company in the foreseeable future. Accordingly, the financial statements have not been prepared on a going concern basis. The carrying value of assets represents their realisable amounts and liabilities which will arise have been accrued for. Any costs associated with the wind up of the Company will be borne by the Parent Company.”

Group structure

1. COVANTA HOLDING UK LIMITED · parent
   1. Covanta Energy International Investments Limited 100% · Mauritius · Holding company
   2. Covanta Five Limited 100% · Mauritius · Holding company
   3. Covanta Energy India (Balaji) Limited 100% · Mauritius · Holding company
   4. Covanta Energy Asia Holdings Limited 100% · Mauritius · Holding company
   5. Covanta Waste To Energy Asia Limited 100% · Mauritius · Holding company
   6. Covanta Energy China (Delta) Limited 100% · Mauritius · Holding company
   7. Covanta Energy China (Gamma) Limited 100% · Mauritius · Holding company
   8. Covanta (Shanghai) Renewable Energy Technology Co. Limited 100% · China · Dormant company

Significant events

• “In August 2023, the joint venture undertakings which were held indirectly by Covanta Holding UK Limited (Longking (Qingdao) Renewable Energy Technology Co. Limited and Covanta (Shijiazhuang) Renewable Energy Technology Co. Limited) were sold for a consideration of €696,041 which was recognised as a gain in the immediate parent.”
• “On 16 April 2024, the Company divested its interests in Covanta Waste To Energy Asia Limited, and Covanta Energy Asia Pacific Holding Limited. Carrying value of the investments was €Nil. There was no gain or loss recognized as a result of this transaction.”

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

Filings

6

last 12 months

Capital events

0

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.