ATLANTIS HOLDCO UK LIMITED
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Cash
—
Latest balance sheet
Net assets
-£205m
-134.4% lowest in 3 filed years
Employees
—
Average over period
Profit before tax
-£799m
-17,724.5% lowest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Negative shareholders' funds
Net assets
3-year trend
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | — | — | — | — | |
| Operating profit | £3,426,000 | -£344,000 | £3,252,000 | +1,045.3% | |
| Profit before tax | -£242,000 | -£4,483,000 | -£799,074,000 | -17,724.5% | |
| Net profit | -£256,000 | -£4,483,000 | -£799,080,000 | -17,724.7% | |
| Cash | — | — | — | — | |
| Total assets less current liabilities | £346,674,000 | £594,465,000 | -£204,615,000 | -134.4% | |
| Net assets | £346,674,000 | £594,465,000 | -£204,615,000 | -134.4% | |
| Equity | £346,674,000 | £594,465,000 | -£204,615,000 | -134.4% | |
| Average employees | 0 | 0 | — | — | |
| 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 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Return on capital employed | 1.0% | -0.1% | — | |
| Gearing (liabilities / total assets) | 17.2% | 0.1% | — | |
| Interest cover | 0.93x | -0.08x | 2.40x |
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 102
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors consider that the going concern basis of accounting continues to be appropriate due to the support of the Company's ultimate parent Cummins Inc., which has confirmed that it will enable the Company to meet its liabilities as they fall due for a period of at least 12 months from the date of the signing of these financial statements.”
Group structure
- ATLANTIS HOLDCO UK LIMITED · parent
- Hydrogenics Corporation 100%
- Hydrogenics Holding GmbH 100%
- Hydrogenics GmbH 100%
- Hydrogenics USA, Inc. 100%
- Hydrogenics Europe N.V. 100%
- Cummins New Power, S.L. 100%
- Cummins Hydrogen Technology (Shanghai) Co., Ltd. 100%
Significant events
- “Subsequent to the year end, on 8 May 2026, the Company issued 1 Ordinary share of £1 each to CMI Netherlands Holdings B.V. for a total consideration of €156,600,000 (being equivalent to £133,975,244), with £1 being attributed to the nominal value of the share and the remainder being attributed to the share premium.”
- “In 2026, all stock in Hydrogenics Holding GmbH was sold to Alstom Holdings for a total consideration of €98,786,000.”
- “Subsequent to the balance sheet date, it was identified that the Company has claimed tax losses over a number of years from fellow group undertakings for £nil consideration where the surrendering companies did not have sufficient distributable reserves to support the surrenders.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HOLTHOUSE, Amerigo | Secretary | 2024-03-28 | — | — |
| BENNETT, Paul Michael | Director | 2025-08-01 | Jan 1985 | British |
| HOLTHOUSE, Amerigo, Mr. | Director | 2024-03-28 | Jan 1981 | Italian |
| MARCHBANK, Nataly Dorothy | Director | 2025-08-01 | May 1979 | South African |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ANDREAE, Morgan | Director | 2019-06-28 | 2022-06-30 |
| DAVIS, Amy Rochelle | Director | 2021-08-30 | 2025-08-01 |
| EWALD, Thaddeus | Director | 2019-06-28 | 2021-08-23 |
| RIGLER, Joseph Morgan | Director | 2019-06-28 | 2024-03-28 |
| SMITH, Edward David | Director | 2022-07-01 | 2025-08-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Cummins, Inc | Corporate entity | Shares 75–100% | 2019-06-28 | Active |
Filing timeline
Last 20 of 39 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-05-08 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-17 | AA | accounts | Accounts with accounts type full | |
| 2026-07-07 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-05-08 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2026-05-08 | SH20 | capital | Legacy | |
| 2026-05-08 | CAP-SS | insolvency | Legacy | |
| 2026-05-08 | RESOLUTIONS | resolution | Resolution | |
| 2026-04-01 | SH01 | capital | Capital allotment shares | |
| 2025-08-06 | AP01 | officers | Appoint person director company with name date | |
| 2025-08-06 | AP01 | officers | Appoint person director company with name date | |
| 2025-08-06 | TM01 | officers | Termination director company with name termination date | |
| 2025-08-06 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-30 | AA | accounts | Accounts with accounts type full | |
| 2025-06-27 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-12-30 | SH01 | capital | Capital allotment shares | |
| 2024-07-10 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-07-04 | AA | accounts | Accounts with accounts type full | |
| 2024-04-09 | AP03 | officers | Appoint person secretary company with name date | |
| 2024-04-09 | AP01 | officers | Appoint person director company with name date | |
| 2024-04-09 | TM01 | officers | Termination director company with name termination date | |
| 2024-01-02 | SH01 | capital | Capital allotment shares |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 4
- Officers appointed
- 0
- Officers resigned
- 0
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.