CAMBRIAN WIND ENERGY LIMITED

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

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 Reduced Disclosure Framework

Reporting scope

Standalone (parent only)

Auditor

MHA Audit Services LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Having reviewed cash flow forecasts for a period including the next 12 months from the date of the signing of the Financial Statements, the directors believe that the Company has sufficient resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the annual report and financial statements.”

Significant events

• “The Electricity Generator Levy (the "EGL") which introduces a new tax on exceptional electricity generation receipts of qualifying generating undertakings from 1 January 2024 to 31 March 2028 has been released within Finance (No.2) Bill 2023. The Finance (No.2) Act 2024 (the "Act") received Royal Assent on 11 July 2024. The impact on these financial statements is a credit of £33,000 (2023: charge of £411,000) in the tax line of the Statement of Comprehensive Income.”
• “The Company declared and paid a dividend £2,122,000 (2023: £15,200,000) during the year and do not recommend the payment of a further dividend.”
• “The Company made a donation of £120,000 (2023: £115,000) to a Cefn Croes community foundation for the benefit of the local residents. The contributions are used for local community projects at the discretion of the foundation.”
• “During the year, the Company has repaid all its intercompany loans taken out.”
• “The auditor, MHA, previously traded through the legal entity MacIntyre Hudson LLP. In response to regulatory changes, MacIntyre Hudson LLP ceased to hold an audit registration with the engagement transitioning to MHA Audit Services LLP.”

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

Filings

11

last 12 months

Capital events

0

last 24 months

Officers appointed

3

last 12 months

Officers resigned

3

last 12 months

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

• Turnover

  -29.5%

  £23,024,000 → £16,238,000

• Cash

  +593.2%

  £309,000 → £2,142,000

• Net assets

  +3.5%

  £2,154,000 → £2,229,000

• Employees

  —

  Not reported

• Operating profit

  -44.2%

  £7,237,000 → £4,035,000

• Profit before tax

  -46.8%

  £6,953,000 → £3,697,000

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