MID HILL WIND 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

  -53.4%

  £24,283,000 → £11,306,000

• Cash

  +416.7%

  £72,000 → £372,000

• Net assets

  +22.2%

  £57,641,000 → £70,427,000

• Employees

  —

  Not reported

• Operating profit

  -79.4%

  £15,652,000 → £3,232,000

• Profit before tax

  +2.3%

  £16,835,000 → £17,224,000

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.

1. MID HILL WIND LIMITED 2004-03-02 → present
2. FRED. OLSEN WIND 3 LIMITED 2003-10-16 → 2004-03-02

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

KPMG LLP, Statutory Auditor

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis which the directors consider to be appropriate for the following reasons. 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, taking account of severe but plausible downsides, which include a reduction in electricity prices, the Company will have sufficient funds to meet its liabilities as they fall due for that period. Consequently, the directors are confident that the Company will have sufficient funds to continue to meet its liabilities as they fall due for at least 12 months from the date of approval of the financial statements and therefore have prepared the financial statements on a going concern basis.”

Significant events

• “Availability during the year was very low due to the failure of SSE plc's Fetteresso Super Grid Transformer on 16th June 2024, preventing the Company from exporting power for the remainder of the financial year. A new transformer came online during January 2025 and normal operations resumed. Business interruption insurance income has been recognised in the statement of profit or loss (note 4), and is included within the turnover key performance indicator above. The insurance policy also covers loss of income during January 2025.”

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

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.