MICRO RENEWABLES 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

  +1.5%

  £416,659 → £423,105

• Cash

  +22.9%

  £11,278 → £13,858

• Net assets

  -3.3%

  £966,989 → £935,046

• Employees

  —

  Not reported

• Operating profit

  -11.4%

  £241,107 → £213,707

• Profit before tax

  -11.4%

  £241,107 → £213,707

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. MICRO RENEWABLES LIMITED 2014-02-12 → present
2. SSE MICRO RENEWABLES (COMMERCIAL) LIMITED 2010-10-20 → 2014-02-12

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

KPMG Audit Limited

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").”

Significant events

• “The UK government announced the Electrical Generator Levy ("EGL"), which is a temporary 45% charge on exceptional receipts generated from the production of wholesale electricity. Exceptional receipts will be defined as wholesale electricity sold at an average price in excess of £77.94 per MWh over an accounting period. The directors' assessment of the Act concluded that it does not have a material impact on the Company, as well as the nominated Company, NextEnergy Solar Holdings III Limited, in the current and short-term future periods.”
• “The Ukraine conflict has had a sustained positive impact on the long-term power price projections. Management continue to closely monitor the situation and assess the implications the conflict has on these projections as well as the wider supply chain.”
• “Furthermore, the Company has no direct exposure to Israel or Gaza.”
• “The Trump administration has laid out a trade policy focused on increasing US tariffs. Given this could cause disruption and uncertainty for companies, the management team continues to closely monitor the situation and assess the implications the trade policy has on the wider supply chain.”

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.