BWSC GENERATION SERVICES NORTHERN IRELAND LTD

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

  -5.7%

  £4,774,147 → £4,503,065

• Cash

  +31,494%

  £133 → £42,020

• Net assets

  +21.3%

  £886,315 → £1,074,669

• Employees

  -3.6%

  28 → 27

• Operating profit

  -4.3%

  £266,234 → £254,891

• Profit before tax

  -1.8%

  £258,879 → £254,183

• Wages

  -3.7%

  £1,369,385 → £1,318,423

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

FRS 102

Reporting scope

Standalone (parent only)

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“As at 31 December 2024, the company had net current assets of £1,070,462 (2023: £880,469), including cash of £42,020 (2023: £133), net assets of £1,074,669 (2023: £886,315) and reported a profit for the year then ended of £188,354 (2023: £197,991). The directors have prepared the financial statements on a going concern basis which they consider to be appropriate for the following reasons. The company supplies long term operation and maintenance services on behalf of the ultimate service provider, its parent company, Burmeister & Wain Scandinavian Contractor A/S ('BWSC') and is reimbursed by BWSC for any costs incurred under a contracted cost plus a margin arrangement. The Directors have prepared cash flow forecasts for a period of 12 months from the date of approval of these financial statements which indicate that the company will have sufficient funds to meet its liabilities as they fall due for that period. The company's arrangement with BWSC is contracted to continue throughout the forecast period. In making their assessment, the directors have also made enquiries of the current financial position of BWSC. No matters which may reasonably possibly impact the ability of the company to continue as a going concern during the forecast period have been identified from these enquiries.”

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

Filings

3

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.