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Cash

£71m

+41.3% vs 2024

Net assets

£10m

+113.4% highest in 3 filed years

Employees

189

-13.3% lowest in 3 filed years

Profit before tax

£10m

+120% highest in 3 filed years

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Accounts

3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31

Metric Trend 2023-12-312024-12-312025-12-31 Δ vs prior
Turnover £5,661,102£14,998,291£64,254,811 +328.4%
Operating profit -£66,410,512-£24,193,845£64,910,022 +368.3%
Profit before tax -£68,196,665-£50,061,147£10,007,368 +120%
Net profit -£68,196,665-£50,598,275£10,075,996 +119.9%
Cash £104,100,536£50,409,399£71,217,835 +41.3%
Total assets less current liabilities £351,293,906£156,712,935£579,922,033 +270.1%
Net assets -£36,052,487-£74,021,225£9,953,300 +113.4%
Equity -£36,052,487-£74,021,225£9,953,300 +113.4%
Average employees 196218189 -13.3%
Wages £27,719,829£26,726,990£30,800,348 +15.2%
Directors' remuneration £2,595,168£2,927,893£9,347,261 +219.2%
Highest paid director £626,639£629,672£2,669,264 +323.9%

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 2023-12-312024-12-312025-12-31
Operating margin -161.3%101.0%
Net margin 15.7%
Return on capital employed -18.9%-15.4%11.2%
Gearing (liabilities / total assets) 108.9%112.4%98.5%
Current ratio 3.06x0.26x1.33x
Interest cover -7.40x-0.75x1.04x

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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.

Name history

Renamed 1 time since incorporation

  1. LOW CARBON LIMITED 2021-11-29 → present
  2. LOW CARBON ENERGY HOLDINGS LIMITED 2021-04-26 → 2021-11-29

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Consolidated group
Auditor
Ernst & Young LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The directors consider that the Group is well placed to manage its business risks successfully. Liquidity requirements and debt covenant compliance are assessed on an ongoing basis, and the directors have a reasonable expectation that the Group has adequate resources to continue in operational existence for a period greater than 12 months from the date of these financial statements, through to 30 September 2027, being the going concern assessment period.”

Group structure

  1. LOW CARBON LIMITED · parent
    1. Low Carbon Dutch ManCo B V 100% · Netherlands
    2. Low Carbon US Holdings Limited 100% · USA
    3. Low Carbon Germany Limited 100% · Germany
    4. LC Energia Sp z o o 75% · Poland

Significant events

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

People

6 active · 5 resigned

Name Role Appointed Born Nationality
CARRINGTON, Amos William James Secretary 2021-10-27
ALFONSO, Juan Martin Director 2021-04-26 Jan 1975 British
BEDLOW, Roy Barry Director 2021-04-26 May 1968 British
CARRINGTON, Amos William James Director 2025-12-15 Jul 1979 British
MACK, Steven Andrew Director 2021-04-26 Jul 1977 British
TEMPLE, Siobhan Frances Director 2025-12-15 Jun 1977 British
Show 5 resigned officers
Name Role Appointed Resigned
BARKER, Nathaniel Albro Director 2021-11-08 2025-12-15
CLARKE, Brian Director 2021-11-08 2025-12-15
COLLIGAN, Edward Director 2022-02-15 2025-12-15
DICKEY, Andrew Charles Director 2021-11-08 2025-12-15
STRUTHERS, Hilary Catherine Ruth Director 2021-11-08 2025-12-15

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Redwood Green Energy Limited Corporate entity Shares 25–50%, Voting 50–75% 2025-12-15 Ceased 2025-12-15
Low Carbon Holdco Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2025-12-15 Active
Low Carbon Group Limited Corporate entity Shares 25–50% 2021-04-26 Ceased 2025-12-15

Filing timeline

Last 20 of 69 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2026-06-05 RESOLUTIONS Resolution
  • 2026-01-12 MA Memorandum articles
  • 2026-01-09 MA Memorandum articles
Date Type Category Description
2026-08-15 AA accounts Accounts with accounts type group
2026-06-05 SH19 capital Capital statement capital company with date currency figure
2026-06-05 SH20 capital Legacy
2026-06-05 CAP-SS insolvency Legacy
2026-06-05 RESOLUTIONS resolution Resolution
2026-04-23 CS01 confirmation-statement Confirmation statement with updates PDF
2026-01-12 MA incorporation Memorandum articles
2026-01-09 MA incorporation Memorandum articles
2026-01-09 ANNOTATION miscellaneous Legacy
2026-01-09 ANNOTATION miscellaneous Legacy
2025-12-24 AP01 officers Appoint person director company with name date PDF
2025-12-22 SH01 capital Capital allotment shares PDF
2025-12-19 PSC02 persons-with-significant-control Notification of a person with significant control PDF
2025-12-19 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2025-12-19 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2025-12-19 PSC05 persons-with-significant-control Change to a person with significant control PDF
2025-12-19 PSC02 persons-with-significant-control Notification of a person with significant control PDF
2025-12-19 SH01 capital Capital allotment shares PDF
2025-12-19 MR04 mortgage Mortgage satisfy charge full PDF
2025-12-18 AP01 officers Appoint person director company with name date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
20

last 12 months

Capital events
4

last 24 months

Officers appointed
2

last 12 months

Officers resigned
5

last 12 months

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

Official Companies House page