INDIGO POWER LIMITED

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

  +370.5%

  £190,000 → £894,000

• Cash

  -10.4%

  £125,000 → £112,000

• Net assets

  -48.1%

  -£3,226,000 → -£4,778,000

  lowest in 3 filed years

• Employees

  —

  Not reported

• Operating profit

  -28.2%

  -£1,130,000 → -£1,449,000

• Profit before tax

  -41.9%

  -£1,462,000 → -£2,074,000

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

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Company continues to enter into agreements with Independent Connections Providers to add to its order book of future electricity connections and it is performing broadly in line with expectations. However, it will be several years until the electricity distribution revenues reach a level where the Company will break-even and cover its operating costs. This is in line with the long-term business plan and the wider strategy to provide a multi-utility solution to customers. Company has entered into two loan facility agreements with its immediate parent company, Indigo Pipelines Holdco 2 Limited, to cover its funding requirements for Capital Expenditure and Working Capital. The Company has received a letter of support from Indigo Pipelines Holdco 2 Limited for the 12-month period following the date of approval of these financial statements. The Group has borrowing arrangements in place with external lenders, which are subject to regular covenant testing. The Group's forecasts and projections, taking account of reasonably possible changes in trading performance, show that the Group should be able to continue to be cash generative going forward. The forecasts give due regard to available banking facilities and show that the Group and Company will continue to remain within related covenant requirements.”

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

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

0

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.