EDINA 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

  -64.7%

  £9,215,013 → £3,250,178

• Cash

  +42.6%

  £10,380 → £14,804

• Net assets

  -33.8%

  -£2,425,825 → -£3,244,913

• Employees

  +16.7%

  30 → 35

• Operating profit

  -28.4%

  -£925,824 → -£1,188,664

• Profit before tax

  +11.5%

  -£925,824 → -£819,088

• Wages

  +4.1%

  £1,072,760 → £1,116,354

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

UK-adopted International Accounting Standards

Reporting scope

Standalone (parent only)

Auditor

S&W Partners Audit (Ireland) Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The company has incurred losses for the last number of financial periods and is in a net liability position. The company owes £4,170,724 (2024: £3,255,660) to group companies, who have given assurance that they will not seek repayment of this debt for a period of at least 12 months and one day from the date of approval of the financial statements or when Edina Power Limited is able to repay the debt, whichever is the lesser period. The financial statements do not include any adjustment which may be required should the going concern basis of preparation be inappropriate. After making enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.”

Significant events

• “The global energy sector is undergoing a transition and the company is evolving its offering to meet the needs of the transition. It is now offering a battery energy storage solution and a hybrid system, where we offer a combined engine and storage alternative, which helps with customers decarbonisation. The company is looking at alternative markets and solutions to meet the needs of the evolving market. The UK Government's efforts to decarbonise has caused some hesitation in the market. However, the reality is that natural gas, particularly in the kind of flexible generation systems provided by the company, is highly likely to continue to be a key part of the UK energy sector. National Grid are estimating that the UK's use of gas will continue up to 2050. There is also a drive to use hydrogen injected into the gas grid as a low carbon fuel. The company sells natural gas engines that are capable of running with up to 20% hydrogen, so when hydrogen is available our equipment can be modified accordingly. The engines are "hydrogen ready".”

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

1

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.