SCOTTISHPOWER RENEWABLES (UK) LIMITED
The company develops and operates renewable energy generation assets, primarily windfarms, operating as part of the ScottishPower group under the ultimate ownership of the Madrid-listed Spanish utility firm Iberdrola.
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Cash
£100k
-95.8% lowest in 3 filed years
Net assets
£2.6bn
-2.6% vs 2024
Employees
931
+1.7% highest in 3 filed years
Profit before tax
£544m
-22.6% lowest in 3 filed years
Net assets
3-year trend · vs Utilities median
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 | £643,100,000 | £881,900,000 | £657,600,000 | -25.4% | |
| Operating profit | £281,800,000 | £440,100,000 | £286,800,000 | -34.8% | |
| Profit before tax | £1,038,400,000 | £702,900,000 | £544,300,000 | -22.6% | |
| Net profit | £948,800,000 | £557,600,000 | £425,900,000 | -23.6% | |
| Cash | £19,600,000 | £2,400,000 | £100,000 | -95.8% | |
| Total assets less current liabilities | £4,108,100,000 | £4,209,300,000 | £4,112,800,000 | -2.3% | |
| Net assets | £2,626,500,000 | £2,718,600,000 | £2,649,100,000 | -2.6% | |
| Equity | £2,626,500,000 | £2,718,600,000 | £2,649,100,000 | -2.6% | |
| Average employees | 807 | 915 | 931 | +1.7% | |
| Wages | £62,300,000 | £72,400,000 | £78,400,000 | +8.3% | |
| Directors' remuneration | £937,000 | £734,000 | £926,000 | +26.2% |
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 |
|---|---|---|---|---|
| Operating margin | 43.8% | 49.9% | 43.6% | |
| Net margin | 147.5% | 63.2% | 64.8% | |
| Return on capital employed | 6.9% | 10.5% | 7.0% | |
| Gearing (liabilities / total assets) | 39.5% | 39.5% | 39.4% | |
| Current ratio | 8.11x | 2.37x | 1.62x | |
| Interest cover | 7.40x | 6.22x | 8.22x |
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.
Name history
Renamed 2 times since incorporation
- SCOTTISHPOWER RENEWABLES (UK) LIMITED 2004-11-12 → present
- CRE ENERGY LIMITED 1994-06-23 → 2004-11-12
- SCUTIFER LIMITED 1994-04-28 → 1994-06-23
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- KPMG LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have prepared the financial statements on the going concern basis as they do not intend to liquidate the Company or to cease its operations, and as they have concluded that the Company's financial position means that this is realistic. They have also concluded that there are no material uncertainties that could have cast significant doubt over its ability to continue as a going concern for at least a year from the date of approval of the financial statements ('the going concern period').”
Group structure
- SCOTTISHPOWER RENEWABLES (UK) LIMITED · parent
- Blaenau Gwent Solar Limited 100%
- Bryn Henllys SF Limited 100%
- Coldham Windfarm Limited 80%
- Cumberhead West Wind Farm Ltd. 100%
- Down Barn Farm SF-Limited 100%
- East Anglia One Limited 60%
- East Anglia One North Limited 100%
- East Anglia Two Limited 100%
- Grafton Underwood Solar Limited 100%
- Hagshaw Hill Repowering Ltd 100%
- Longney Solar Limited 100%
- MachairWind Limited 100%
- MarramWind Limited 100%
- Milltown Airfield Solar PV Limited 100%
- Pipplepen Solar Limited 100%
- Ranksborough Solar Limited 100%
- ScottishPower Renewables (WODS) Limited 100%
- Sparrow Lodge Solar Limited 100%
- Speyslaw Solar Limited 100%
- Thurlaston Solar Limited 100%
- Tuckey Farm Solar Limited 100%
- Wood Lane Solar Limited 100%
Significant events
- “On 23 July 2025, the Company divested a 50% shareholding in its wholly-owned subsidiary, East Anglia Three Holdings Limited ("EA3HL"), to Masdar.”
- “The 50 Megawatts ("MW") Harestanes battery energy storage system ("BESS") achieved commercial operations on 15 September 2025, marking a key milestone for the Company.”
- “On 4 November 2025, the Company acquired SNEHL's remaining 50% interest in MWL, resulting in MWL becoming a wholly-owned subsidiary. Concurrently, the Company disposed of its 50% interest in CWL to SNEHL, resulting in CWL becoming wholly-controlled by SNEHL.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 25 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| COYLE, Fiona | Secretary | 2025-10-14 | — | — |
| CRUIKSHANK, Blair James | Director | 2026-04-30 | Jun 1986 | British |
| JORDAN, Charles John | Director | 2021-10-21 | Sep 1975 | British |
| NOBLE, Gillian Clare | Director | 2025-04-22 | Dec 1977 | British |
Show 25 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| COLE, Jonathan Thomas Kirkwood | Secretary | 2008-10-06 | 2010-07-07 |
| DAVIES, Michael Howard | Secretary | 2014-09-01 | 2014-12-31 |
| GREGG, Rhona | Secretary | 2006-06-30 | 2007-10-26 |
| HERNANDEZ, Emilio | Secretary | 2010-07-07 | 2012-07-10 |
| MCPHERSON, Donald James | Secretary | 1994-04-28 | 2006-06-30 |
| O'GORMAN, Seumus | Secretary | 2012-07-10 | 2014-09-01 |
| PHILIP, Andrew | Secretary | 2014-12-31 | 2025-10-14 |
| ROSS, Marie Isobel | Secretary | 2007-10-26 | 2008-10-06 |
| ANDERSON, Keith Stuart | Director | 2005-06-23 | 2018-05-02 |
| BALINT, Stephen John Tividar | Director | 2000-02-10 | 2003-03-31 |
| BRYCE, Alan Alexander | Director | 2003-04-01 | 2006-10-16 |
| CHALMERS WHITE, Heather | Director | 2019-02-15 | 2024-11-06 |
| CHRISTIAN, Simon Gower | Director | 2012-01-04 | 2015-03-31 |
| COLE, Jonathan Thomas Kirkwood | Director | 2008-02-01 | 2021-10-04 |
| GOLLAND, Eric Stanley | Director | 1994-04-28 | 2003-03-31 |
| HERNANDEZ, Emilio | Director | 2010-07-07 | 2012-01-04 |
| ISTED, Richard Leslie | Director | 1994-04-28 | 2000-02-10 |
| MCPHERSON, Donald James | Director | 2003-06-05 | 2003-06-05 |
| MCQUADE, Lindsay Ann | Director | 2018-09-05 | 2022-06-10 |
| PEBERDY, Kenneth | Director | 2012-01-04 | 2018-03-23 |
| REILLY, Susan Mary | Director | 2003-04-01 | 2005-06-23 |
| ROMAN, Alejandro Arroyo | Director | 2018-09-14 | 2018-09-14 |
| ROSSI, Marc Domenico | Director | 2024-11-06 | 2026-04-30 |
| SCOTT, Roy | Director | 2008-08-29 | 2019-01-31 |
| SESHAN, Roger | Director | 2005-07-19 | 2008-02-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Scottishpower Renewable Energy Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 184 total filings
Material constitutional events — rename, articles re-file, resolution
- 2022-12-01 RESOLUTIONS Resolution
- 2022-12-01 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-20 | AA | accounts | Accounts with accounts type full | |
| 2026-05-05 | AP01 | officers | Appoint person director company with name date | |
| 2026-05-01 | TM01 | officers | Termination director company with name termination date | |
| 2026-03-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-10-14 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-10-14 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-07-17 | AA | accounts | Accounts with accounts type full | |
| 2025-04-22 | AP01 | officers | Appoint person director company with name date | |
| 2025-03-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-07 | AP01 | officers | Appoint person director company with name date | |
| 2024-11-07 | TM01 | officers | Termination director company with name termination date | |
| 2024-06-28 | AA | accounts | Accounts with accounts type full | |
| 2024-03-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-29 | AA | accounts | Accounts with accounts type full | |
| 2023-03-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-12-01 | RESOLUTIONS | resolution | Resolution | |
| 2022-12-01 | MA | incorporation | Memorandum articles | |
| 2022-06-22 | TM01 | officers | Termination director company with name termination date | |
| 2022-06-17 | AA | accounts | Accounts with accounts type full | |
| 2022-03-09 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- Officers appointed
- 2
- Officers resigned
- 2
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.