AURORA ENERGY SERVICES 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

  +326.7%

  £16,025,137 → £68,383,809

• Cash

  -66.1%

  £10,650,801 → £3,607,855

• Net assets

  -88%

  £4,043,843 → £486,726

• Employees

  +304.3%

  92 → 372

  highest in 3 filed years

• Operating profit

  +20.2%

  -£1,888,388 → -£1,507,662

• Profit before tax

  -88.1%

  -£1,916,002 → -£3,603,918

• Wages

  +635.1%

  £3,263,302 → £23,988,728

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. AURORA ENERGY SERVICES LIMITED 2023-01-18 → present
2. ENERGY EVOLUTION SERVICES LIMITED 2022-11-17 → 2023-01-18
3. ENERGY EVOLUTION VENTURES LIMITED 2022-06-06 → 2022-11-17

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Johnston Carmichael LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The board of directors therefore believe the company and its subsidiaries, remains well placed to build on its current position and accordingly they have adopted the going concern basis of accounting in preparing the annual financial statements.”

Group structure

1. AURORA ENERGY SERVICES LIMITED · parent
   1. Aurora NMS Limited 100% · UK · Provision of remote access equipment and personnel
   2. Aurora Training Services Limited 100% · UK · Provision of specialist training
   3. R&M Engineering (Huntly) Limited 100% · UK · Engineering services
   4. Aurora Energy Services Inc (formerly Cotech IRM) 100% · United States · Blade repair services for the onshore and offshore wind sector
   5. Aurora Energy Services SpA (formerly Altitec Chile) 100% · Chile · Blade maintenance services
   6. Aurora Energy Services Iberia 100% · Malaga, Malaga · Dormant entity
   7. Aurora Energy Services AS 100% · Stavanger · Dormant entity
   8. Arc Holdings Pty 100% · ACT · Holding company for Australian assets and trading company
   9. Cotech Guyana Inc 100% · Guyana · Dormant entity
   10. Aurora Energy Services Brazil 100% · Rio de Janeiro - RJ · Dormant entity
   11. Aurora ARC Wind Assets Ltd 100% · Australia · Asset holding company
   12. Aurora ARC Wind Ltd 100% · Australia · Specialises in the installation, repair and maintenance of wind turbines

Significant events

• “The company drew on its growth capital facility through 2024 to support both organic growth and acquisition funding of businesses in Australia (ARC Wind Holdings Pty Ltd in April 2024) and Chile (Servicios Eolicos Altitec Latam SpA in May 2024).”
• “Further growth capital has been made available to the company through Q1'25 to allow further investment and supporting organic growth.”
• “Subsequent to the year end the company acquired a 100% shareholding in Encomara Limited, a company incorporated and domiciled in the UK, for an initial consideration of £2.4m with further options set aside for a further consideration of £0.6m subject to clauses set out in the SPA.”
• “As part of the acquisition, and to fund the further growth of the group, an additional £8m of bank funding was drawn down from the group's principal lender.”
• “Additionally, subsequent to the year end, the company issued 375,000 B shares at a nominal value of £3,750 and 349,738 C shares at a nominal value of £2,400,000.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

19

last 12 months

Capital events

7

last 24 months

Officers appointed

3

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.