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Cash

Latest balance sheet

Net assets

£575K

+1.6% vs 2024

Employees

Average over period

Profit before tax

£15K

+104.6% vs 2024

Watchouts

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

Accounts

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

Metric Trend 2024-12-312025-12-31 Δ vs prior
Turnover
Operating profit -£363,000-£8,000 +97.8%
Profit before tax -£329,000£15,000 +104.6%
Net profit -£341,000£9,000 +102.6%
Cash
Total assets less current liabilities £566,000£575,000 +1.6%
Net assets £566,000£575,000 +1.6%
Equity £566,000£575,000 +1.6%
Average employees
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 2024-12-312025-12-31
Return on capital employed -64.1%-1.4%
Current ratio 18.20x24.96x

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 101
Reporting scope
Standalone (parent only)
Auditor
PricewaterhouseCoopers LLP
Audit opinion
Unqualified (clean)
Going concern
Not a going concern (break-up basis)

“Following the decision made in Q4 2024, to discontinue the project due to low chances of success, the Directors have continued to adopt a basis other than that of going concern in preparing the financial statements.”

Significant events

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

People

4 active · 0 resigned

Name Role Appointed Born Nationality
KAFIDIYA-OKE, Folasade, Mrs. Secretary 2023-05-30
MARDON, Richard, Mr. Director 2023-05-30 May 1964 British
O'DONOVAN, Kevin, Mr. Director 2023-05-30 Aug 1977 Irish
ROBERTSON, Iain, Mr. Director 2023-05-30 Apr 1970 British

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Statkraft Uk Ltd Corporate entity Shares 75–100%, Voting 75–100% 2023-05-30 Active

Filing timeline

Last 8 of 8 total filings

Date Type Category Description
2026-05-04 AA accounts Accounts with accounts type full
2025-12-19 AA accounts Accounts with accounts type full
2025-05-30 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-07-11 AA accounts Accounts with accounts type full
2024-05-31 CS01 confirmation-statement Confirmation statement with updates PDF
2023-12-05 SH01 capital Capital allotment shares PDF
2023-06-01 AA01 accounts Change account reference date company current shortened PDF
2023-05-30 NEWINC incorporation Incorporation company 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