SALAMANDER WIND PROJECT COMPANY LTD
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-06-16 (in 1mo)
Last made up 2025-06-02
Watchouts
Cash
£99K
-98.3% vs 2023
Net assets
-£7M
+77.4% vs 2023
Employees
—
Average over period
Profit before tax
-£27M
-30,623.2% lowest in 4 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
4 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
5-year trend · vs Utilities median
Accounts
5-year trend · latest reflected 2024-12-31
| Metric | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | |
| Operating profit | — | — | — | -£91,231 | -£27,382,042 | |
| Profit before tax | — | -£85 | -£8,085 | £89,242 | -£27,239,515 | |
| Net profit | — | — | — | £46,794 | -£27,197,067 | |
| Cash | — | — | — | £5,806,592 | £99,051 | |
| Total assets less current liabilities | — | £15 | -£8,070 | — | — | |
| Net assets | — | — | — | -£29,711,521 | -£6,714,454 | |
| Equity | — | — | — | -£29,711,521 | -£6,714,454 | |
| Average employees | — | 0 | 0 | — | — | |
| Wages | — | — | — | — | — | |
| Directors' remuneration | — | — | — | — | — |
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
-98.3%
£5,806,592 £99,051
-
Net assets
+77.4%
-£29,711,521 -£6,714,454
-
Employees
—
Not reported
-
Operating profit
-29,914%
-£91,231 -£27,382,042
-
Profit before tax
-30,623.2%
£89,242 -£27,239,515
lowest in 4 filed years
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 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|
| Gearing (liabilities / total assets) | — | — | — | 191.8% | 185.3% | |
| Current ratio | — | — | — | 2.43x | 0.38x | |
| Interest cover | — | — | — | -36.51x | -37820.50x |
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.
Name history
Renamed 1 time since incorporation
- SALAMANDER WIND PROJECT COMPANY LTD 2024-04-02 → present
- SIMPLY BLUE ENERGY (SCOTLAND) LTD. 2020-06-03 → 2024-04-02
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on a going concern basis. In assessing whether the going concern assumption is appropriate, the directors have considered all available information about the future, which is at least 12 months from the date of approval of the financial statements. The company does not generate operating cash flows and is reliant on funding from its shareholders. Funding is agreed by the shareholders under the Shareholders' Agreement entered into on 22 August 2025.”
Significant events
- “The company changed its name from Simply Blue Energy (Scotland) Ltd. to Salamander Wind Project Company Ltd effective from 2 April 2024.”
- “On 8 January 2025, the company issued 850,000 ordinary shares, for a total consideration of £850,000 to Orsted Falcon Limited (80% of issued shares) and Salamander Offshore Wind Limited (20% of issued shares).”
- “On 13 February 2025, the company issued 400,000 ordinary shares, for a total consideration of £400,000 to Orsted Falcon Limited (80% of issued shares) and Salamander Offshore Wind Limited (20% of issued shares).”
- “On 10 April 2025, the company issued 125,000 ordinary shares, for a total consideration of £125,000 to Orsted Falcon Limited (80% of issued shares) and Salamander Offshore Wind Limited (20% of issued shares).”
- “On 6 June 2025, the company issued 61,500 ordinary shares, for a total consideration of £61,500 to Orsted Falcon Limited (80% of issued shares) and Salamander Offshore Wind Limited (20% of issued shares).”
- “On 6 August 2025, the company issued 63,500 ordinary shares, for a total consideration of £63,500 to Orsted Falcon Limited (80% of issued shares) and Salamander Offshore Wind Limited (20% of issued shares).”
- “Post year-end, in August 2025 the majority shareholder Orsted Falcon Limited sold all its shares in Salamander Wind Project Company Ltd to Odfjell Oceanwind PD UK Ltd.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 10 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| FOSSØY, Kenneth | Director | 2025-08-22 | Nov 1979 | Norwegian |
| KELLY, Hugh | Director | 2025-08-22 | Sep 1968 | Irish |
| LUND, Per | Director | 2025-08-22 | Mar 1971 | Norwegian |
| MAGNUSSEN, Knut Hausken | Director | 2026-04-01 | Apr 1988 | Norwegian |
| SHARLAND, Graham Christopher | Director | 2021-03-26 | Jun 1961 | British |
Show 10 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| O'BRIEN, Kevin | Secretary | 2022-10-13 | 2023-05-04 |
| QUIGLEY, Desmond | Secretary | 2020-06-03 | 2022-10-12 |
| DAVIES, Gabriel, Ms. | Director | 2022-04-01 | 2024-01-26 |
| HARWOOD, Christopher Stephen Penny | Director | 2020-06-03 | 2025-08-22 |
| KELLY, Hugh | Director | 2021-03-26 | 2022-04-01 |
| KNUDSEN, Eirik Krohn | Director | 2025-08-22 | 2026-04-01 |
| ROCH PERKS, Sampson George | Director | 2020-06-03 | 2022-04-01 |
| SAUJANI, Kushal Jayantilal | Director | 2023-06-16 | 2025-08-22 |
| SYKES, Benjamin John | Director | 2024-01-26 | 2025-08-22 |
| SYKES, Benjamin John | Director | 2022-04-01 | 2023-06-16 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Odfjell Oceanwind Pd Uk Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2025-08-22 | Active |
| Orsted Falcon Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2022-04-01 | Ceased 2025-08-22 |
| Mr Sampson George Roch Perks | Individual | Significant influence | 2020-06-03 | Ceased 2022-04-01 |
Filing timeline
Last 20 of 72 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-08 | AA | accounts | Accounts with accounts type full | |
| 2026-04-13 | AP01 | officers | Appoint person director company with name date | |
| 2026-04-13 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-12 | SH01 | capital | Capital allotment shares | |
| 2025-09-29 | SH01 | capital | Capital allotment shares | |
| 2025-08-26 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-08-26 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-08-26 | AP01 | officers | Appoint person director company with name date | |
| 2025-08-26 | AP01 | officers | Appoint person director company with name date | |
| 2025-08-26 | AP01 | officers | Appoint person director company with name date | |
| 2025-08-26 | AP01 | officers | Appoint person director company with name date | |
| 2025-08-26 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-08-26 | TM01 | officers | Termination director company with name termination date | |
| 2025-08-26 | TM01 | officers | Termination director company with name termination date | |
| 2025-08-26 | TM01 | officers | Termination director company with name termination date | |
| 2025-08-08 | SH01 | capital | Capital allotment shares | |
| 2025-06-23 | CH01 | officers | Change person director company with change date | |
| 2025-06-17 | CH01 | officers | Change person director company with change date | |
| 2025-06-13 | SH01 | capital | Capital allotment shares | |
| 2025-06-02 | CS01 | confirmation-statement | Confirmation statement with updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 20
- Capital events
- 4
- Officers appointed
- 4
- Officers resigned
- 4
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.