SCOTTISHPOWER GENERATION (ASSETS) LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-03-30 (in 10mo)
Last made up 2026-03-16
Watchouts
None on the register
Cash
—
Latest balance sheet
Net assets
-£15M
-6% vs 2023
Employees
4
-20% vs 2023
Profit before tax
-£1M
+81.4% vs 2023
Net assets
2-year trend · vs Utilities median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | — | — | |
| Operating profit | -£6,116,000 | -£650,000 | |
| Profit before tax | -£6,591,000 | -£1,223,000 | |
| Net profit | -£5,281,000 | -£847,000 | |
| Cash | — | — | |
| Total assets less current liabilities | £576,000 | £1,451,000 | |
| Net assets | -£14,039,000 | -£14,886,000 | |
| Equity | -£14,039,000 | -£14,886,000 | |
| Average employees | 5 | 4 | |
| Wages | £328,000 | £262,000 | |
| Directors' remuneration | £658,000 | £657,000 |
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
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
—
Not reported
-
Cash
—
Not reported
-
Net assets
-6%
-£14,039,000 -£14,886,000
-
Employees
-20%
5 4
-
Operating profit
+89.4%
-£6,116,000 -£650,000
-
Profit before tax
+81.4%
-£6,591,000 -£1,223,000
-
Wages
-20.1%
£328,000 £262,000
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Return on capital employed | -1061.8% | -44.8% | |
| Gearing (liabilities / total assets) | 271.9% | 315.0% | |
| Current ratio | 1.07x | 1.27x | |
| Interest cover | -12.88x | -1.13x |
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.
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- KPMG LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Notwithstanding net liabilities of £14,886,000, the Accounts are prepared on a going concern basis. Refer to Note 1B2 for further details.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 6 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| REID, John | Secretary | 2024-10-01 | — | — |
| SIM, Valerie Margaret | Director | 2022-04-12 | Sep 1969 | British |
| WARD, Andrew Michael | Director | 2020-02-14 | Jul 1974 | British |
Show 6 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ORR, Alistair | Secretary | 2018-03-15 | 2024-09-30 |
| CLITHEROE, Neil David | Director | 2018-03-15 | 2019-06-30 |
| MCNEILL, Colin Fyffe | Director | 2019-07-30 | 2019-11-01 |
| NESS, Douglas Andrew | Director | 2019-06-14 | 2022-03-30 |
| PITA, Oscar Fortis | Director | 2018-03-15 | 2022-10-04 |
| WHITE, Heather Chalmers | Director | 2018-03-15 | 2019-01-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Scottish Power Retail Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2018-03-15 | Active |
Filing timeline
Last 20 of 33 total filings
Material constitutional events — rename, articles re-file, resolution
- 2022-11-22 MA Memorandum articles
- 2022-11-22 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-10-03 | AA | accounts | Accounts with accounts type full | |
| 2025-03-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-02 | AP03 | officers | Appoint person secretary company with name date | |
| 2024-10-01 | AA | accounts | Accounts with accounts type full | |
| 2024-09-30 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-03-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-16 | AA | accounts | Accounts with accounts type full | |
| 2023-03-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-11-23 | CH01 | officers | Change person director company with change date | |
| 2022-11-22 | MA | incorporation | Memorandum articles | |
| 2022-11-22 | RESOLUTIONS | resolution | Resolution | |
| 2022-10-21 | TM01 | officers | Termination director company with name termination date | |
| 2022-10-10 | AA | accounts | Accounts with accounts type full | |
| 2022-04-12 | AP01 | officers | Appoint person director company with name date | |
| 2022-03-30 | TM01 | officers | Termination director company with name termination date | |
| 2022-03-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-09-21 | AA | accounts | Accounts with accounts type full | |
| 2021-03-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-09-01 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.