CORBY POWER LIMITED

• ⚠

  Material uncertainty over going concern

  However, as described in note 19, the shareholders of Corby Power Limited are expecting to dispose of their entire shareholding in the Company which is anticipated to conclude within 12 months of the date of approval of the financial statements. This introduces the existence of a material uncertainty which may cast significant doubt about the company's ability to continue as a going concern beyond the date of sale.

• ◆

  6 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.

1. CORBY POWER LIMITED 1989-03-16 → present
2. BURGINHALL 294 LIMITED 1988-12-19 → 1989-03-16

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

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.

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

Deloitte (NI) Limited

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“However, as described in note 19, the shareholders of Corby Power Limited are expecting to dispose of their entire shareholding in the Company which is anticipated to conclude within 12 months of the date of approval of the financial statements. This introduces the existence of a material uncertainty which may cast significant doubt about the company's ability to continue as a going concern beyond the date of sale.”

Significant events

• “A dividend of £17 million was approved by the directors on 20 May 2025.”
• “The reduction of issued share capital by £14,608,341 was approved by directors on 20 May 2025.”
• “The shareholders of Corby Power Limited are expecting to dispose of their entire shareholding in the Company which is anticipated to conclude within 12 months of the date of approval of the financial statements.”

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

2

last 24 months

Officers appointed

3

last 12 months

Officers resigned

6

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -28%

  £25,292,000 → £18,220,000

• Cash

  +173.4%

  £12,354,000 → £33,775,000

• Net assets

  -43.6%

  £32,190,000 → £18,168,000

• Employees

  —

  Not reported

• Operating profit

  -41.6%

  £18,458,000 → £10,775,000

• Profit before tax

  -37.1%

  £19,464,000 → £12,241,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers