FORSA ENERGY GAS ACQUISITIONS HOLDCO 4 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

  -100%

  £25,000 → £0

• Cash

  -61.7%

  £316,000 → £121,000

• Net assets

  -183.7%

  -£239,000 → -£678,000

• Employees

  —

  Not reported

• Operating profit

  -153.8%

  £13,000 → -£7,000

• Profit before tax

  -105.9%

  £9,987,000 → -£585,000

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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.

1. FORSA ENERGY GAS ACQUISITIONS HOLDCO 4 LIMITED 2020-03-11 → present
2. FORSA ENERGY (LEVEN) HOLDINGS LIMITED 2017-08-15 → 2020-03-11

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors confirm that they have complied with the requirements of Companies Act 2006. Based on the assessment they have made of the Company's financial situation; they have concluded they have a reasonable expectation that the Company has adequate resources to continue in existence for the foreseeable future and continue to adopt the going concern basis in preparing the financial statements. The ultimate parent undertaking and controlling party, Tiger Infrastructure Associates GP III LP, has confirmed that it will continue to provide adequate financial support to enable the Company to continue its normal trading operations for a period of not less than twelve months from the date on which the audited financial statements are approved.”

Group structure

1. FORSA ENERGY GAS ACQUISITIONS HOLDCO 4 LIMITED · parent
   1. Hillhouse Generation Limited 100%
   2. Harelaw Holdings Limited 100%
   3. Leven Holdings Limited 100%
   4. Hartmoor Holdings Limited 100%

Significant events

• “There was a covenant breach in the year (2024); as there is a positive relationship with the bank the breach was waived, in light of this, and the matter disclosed in the subsequent events note, a letter of support has also been obtained from the Shareholders to further strengthen the going concern basis on which these accounts are prepared.”
• “In March 2025, the Company failed its DSCR banking covenant. All capital and interest payments have been made in full as per the facilities agreements and no penalty or accelerated payment request has been made by the lender.”

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.