HAGSHAW HILL REPOWERING LTD
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Cash
—
Latest balance sheet
Net assets
£2.1m
+272.3% highest in 3 filed years
Employees
0
Average over period
Profit before tax
£3m
+14,338.1% highest in 3 filed years
Net assets
3-year trend · vs Utilities median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | -£18,000 | £0 | £4,947,000 | — | |
| Operating profit | -£18,000 | -£21,000 | £3,767,000 | +18,038.1% | |
| Profit before tax | £411,000 | -£21,000 | £2,990,000 | +14,338.1% | |
| Net profit | £297,000 | -£21,000 | £2,198,000 | +10,566.7% | |
| Cash | — | — | — | — | |
| Total assets less current liabilities | — | £9,070,000 | £38,428,000 | +323.7% | |
| Net assets | £28,000 | -£1,213,000 | £2,090,000 | +272.3% | |
| Equity | £28,000 | -£1,213,000 | £2,090,000 | +272.3% | |
| Average employees | 0 | 0 | 0 | — | |
| Wages | — | — | — | — | |
| Directors' remuneration | £307,000 | £272,000 | £359,000 | +32% | |
| Directors' pension contributions | £144,000 | £32,000 | — | — | |
| Highest paid director | £162,000 | £140,000 | £212,000 | +51.4% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 100.0% | — | 76.1% | |
| Net margin | — | — | 44.4% | |
| Return on capital employed | — | -0.2% | 9.8% | |
| Gearing (liabilities / total assets) | 99.9% | 101.2% | 98.7% | |
| Current ratio | 0.03x | 0.03x | 0.21x | |
| Interest cover | — | — | 3.77x |
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.
Audit & accounting basis
- Accounting basis
- other
- Reporting scope
- Standalone (parent only)
- Auditor
- KPMG LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Notwithstanding net current liabilities of £99,776, the Accounts are prepared on a going concern basis. SPUK has indicated its intention to continue to make available such funds as are needed by the Company... the directors are confident that the Company will have sufficient funds”
Significant events
- “In 2023, work commenced to repower the Hagshaw Hill wind farm in South Lanarkshire. Installation works began in November 2024 and the commercial operations date was in October 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 10 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| TINDALL, Sarah | Secretary | 2023-08-16 | — | — |
| CRUIKSHANK, Blair James | Director | 2026-04-30 | Jun 1986 | British |
| GALBRAITH, Ross Colin | Director | 2023-08-16 | Jul 1978 | British |
Show 10 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ARMSTRONG, Angus Stuart | Secretary | 2020-06-05 | 2021-12-21 |
| COYLE, Fiona | Secretary | 2021-12-21 | 2023-08-09 |
| MITCHELL, William | Secretary | 2018-07-19 | 2020-06-05 |
| MASON, Stuart | Director | 2020-06-05 | 2021-10-07 |
| MITCHELL, John | Director | 2018-07-19 | 2020-06-05 |
| MITCHELL, William | Director | 2018-07-19 | 2020-06-05 |
| PATEL, Yusuf | Director | 2021-12-10 | 2023-05-01 |
| RAE, Mhairi | Director | 2023-08-16 | 2025-12-19 |
| ROSSI, Marc Domenico | Director | 2025-12-19 | 2026-04-30 |
| WHITE, Heather Chalmers | Director | 2020-06-05 | 2023-08-16 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Scottishpower Renewables (Uk) Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2020-07-16 | Active |
| Mr William Mitchell | Individual | Significant influence | 2018-07-19 | Ceased 2020-07-16 |
Filing timeline
Last 20 of 44 total filings
Material constitutional events — rename, articles re-file, resolution
- 2022-11-30 MA Memorandum articles
- 2022-11-30 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-24 | AA | accounts | Accounts with accounts type full | |
| 2026-07-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-05-01 | AP01 | officers | Appoint person director company with name date | |
| 2026-05-01 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-19 | AP01 | officers | Appoint person director company with name date | |
| 2025-12-19 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-30 | AA | accounts | Accounts with accounts type full | |
| 2025-07-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-24 | AA | accounts | Accounts with accounts type full | |
| 2024-07-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-15 | AA | accounts | Accounts with accounts type full | |
| 2023-08-21 | TM01 | officers | Termination director company with name termination date | |
| 2023-08-21 | AP03 | officers | Appoint person secretary company with name date | |
| 2023-08-21 | AP01 | officers | Appoint person director company with name date | |
| 2023-08-21 | AP01 | officers | Appoint person director company with name date | |
| 2023-08-09 | TM02 | officers | Termination secretary company with name termination date | |
| 2023-07-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-05-01 | TM01 | officers | Termination director company with name termination date | |
| 2022-11-30 | MA | incorporation | Memorandum articles | |
| 2022-11-30 | RESOLUTIONS | resolution | Resolution |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 2
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.