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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-11-10 (in 6mo)

Last made up 2025-10-27

Watchouts

None on the register

Cash

£26M

-62.9% vs 2023

Net assets

-£12M

-30.6% vs 2023

Employees

0

-100% vs 2023

Profit before tax

-£20M

-111.5% vs 2023

Accounts

2-year trend · latest reflected 2024-12-31

Metric Trend 2023-12-312024-12-31
Turnover £139,910£7,452,533
Operating profit -£4,329,827-£7,389,869
Profit before tax -£9,248,681-£19,561,414
Net profit -£9,248,681-£19,561,414
Cash £69,906,872£25,930,260
Total assets less current liabilities £365,282,318£205,242,910
Net assets -£9,217,854-£12,040,790
Equity -£9,217,854-£12,040,790
Average employees 10
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. About these numbers

Year-on-year

FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31

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

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2023-12-312024-12-31
Operating margin -99.2%
Return on capital employed -1.2%-3.6%
Current ratio 1.28x0.14x
Interest cover -0.89x-0.48x

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.

Audit & accounting basis

Accounting basis
FRS 102 §1A
Reporting scope
Consolidated group
Abridged
Yes — abridged accounts (limited disclosure)
Auditor
Ernst & Young LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The directors have concluded that the Group is well placed to manage its business risks successfully. The directors have considered available headroom in the Group's existing debt facilities, in addition to other inward cash flows including those from the sale of electricity, and as a result, the directors have a reasonable expectation that the Group has adequate resources to continue in operational existence for the 12 months period from the date of signing these financial statements.”

Group structure

  1. LOW CARBON OPCO LIMITED · parent
    1. Low Carbon Solar Opco Limited 100%
    2. Low Carbon Solar Operations Holdings Limited 100%
    3. Low Carbon Canada Solar Operations Limited 100%
    4. Lethbridge One Solar Corp 75% · Canada
    5. Low Carbon Solar Operations Limited 100%
    6. Low Carbon UK Solar Operations Limited 100%
    7. Fox Covert Solar Farm Limited 100%
    8. St Clere's Solar Farm Limited 100%
    9. Inkersall Solar Farm Limited 100%
    10. Crouch Solar Farm Limited 100%
    11. Cornwell Solar Farm Limited 100%
    12. Layer Solar Farm Limited 100%
    13. Harlesford Solar Farm Limited 100%
    14. Maldon Wycke Solar Farm Limited 100%
    15. Links Solar Farm Limited 100%
    16. Meadow Solar Farm Limited 100%
    17. Feldon Vale Solar Farm Limited 100%
    18. Pepperhill Solar Farm Limited 100%
    19. Fern Brook Solar Farm Limited 100%
    20. Birch Solar Park Limited 100%
    21. Long Meadow Solar Farm Limited 100%
    22. Sandon Brook Solar Farm Limited 100%
    23. Low Carbon Dutch Solar Operations BV 100% · Netherlands
    24. Zonnepark Veenweg Ter Apel BV 100% · Netherlands
    25. Zonnepark Wijkerbroek Oost BV 100% · Netherlands
    26. Zonnepark Wijkerbroek West BV 100% · Netherlands
    27. Zonnepark de Stegenhoek BV 100% · Netherlands
    28. Zonnepark Bergweg Mariahoop BV 100% · Netherlands
    29. Zonnepark Werkhoven BV 100% · Netherlands
    30. Zonnepark Havebos BV 100% · Netherlands
    31. Zonnepark Keppelseweg BV 100% · Netherlands
    32. Zonnepark Agger BV 100% · Netherlands

Significant events

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

People

3 active · 2 resigned

Name Role Appointed Born Nationality
CARRINGTON, Amos William James Director 2024-12-12 Jul 1979 British
DOMINGUEZ DE POSADA, Fernando Director 2024-12-12 Oct 1982 Spanish
HUGHES, Steven William Director 2024-12-12 Jun 1972 British
Show 2 resigned officers
Name Role Appointed Resigned
ALFONSO, Juan Martin Director 2021-10-28 2024-12-13
BEDLOW, Roy Barry Director 2021-10-28 2024-12-13

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Low Carbon Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2021-10-28 Active

Filing timeline

Last 20 of 22 total filings

Date Type Category Description
2025-10-28 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-09-16 AA accounts Accounts with accounts type group
2024-12-13 TM01 officers Termination director company with name termination date PDF
2024-12-13 TM01 officers Termination director company with name termination date PDF
2024-12-13 AP01 officers Appoint person director company with name date PDF
2024-12-13 AP01 officers Appoint person director company with name date PDF
2024-12-12 AP01 officers Appoint person director company with name date PDF
2024-11-04 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-10-01 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2024-09-21 AA accounts Accounts with accounts type group
2023-11-16 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-07-19 AA accounts Accounts with accounts type group
2023-02-10 CH01 officers Change person director company with change date PDF
2022-10-28 CS01 confirmation-statement Confirmation statement with updates PDF
2022-04-11 PSC05 persons-with-significant-control Change to a person with significant control without name date PDF
2022-04-11 PSC05 persons-with-significant-control Change to a person with significant control PDF
2022-04-07 PSC05 persons-with-significant-control Change to a person with significant control PDF
2022-04-04 AD01 address Change registered office address company with date old address new address PDF
2022-03-23 PSC05 persons-with-significant-control Change to a person with significant control without name date PDF
2022-02-28 PSC05 persons-with-significant-control Change to a person with significant control without name date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

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.

Official Companies House page