WHITETOWER ENERGY LIMITED

1. WHITETOWER ENERGY LIMITED 2019-04-16 → present
2. ROLLS-ROYCE POWER DEVELOPMENT LIMITED 1997-12-08 → 2019-04-16

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 102

Reporting scope

Standalone (parent only)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

RSM UK Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have prepared cash flow forecasts to 31 December 2026. Based on the Directors assessment of the Company's future financial requirements and forecasts up to 31 December 2026, the Directors consider that the Company will have sufficient financial resources to meets its obligations for the foreseeable future, that is, for at least 12 months from the date of approval of these financial statements. Furthermore, Rockland Power Partners III LP, the ultimate parent undertaking, has confirmed that it will make available to Whitetower Holdings UK Limited and its subsidiaries, all necessary funds to enable them to meet their ongoing liabilities and to carry on their commercial activities for no less than 12 months from the date of signing these financial statements. The financial statements have therefore been prepared on a going concern basis.”

Significant events

• “The mild winters continued in 2023/24 as the previous year which held down the wholesale electricity prices, with gas prices staying reasonably static throughout the period. Renewable energy grew by 7% on the same period as the year before with fossil fuel electricity generation down by 29% with strong renewable generation and increased imports from France.”

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

Filings

2

last 12 months

Capital events

1

last 24 months

Officers appointed

0

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.

• Turnover

  -79.8%

  £63,240,000 → £12,793,000

• Cash

  +84%

  £2,385,000 → £4,389,000

• Net assets

  -29.8%

  £6,433,000 → £4,516,000

• Employees

  0%

  1 → 1

• Operating profit

  +57%

  -£12,110,000 → -£5,206,000

• Profit before tax

  +59.5%

  -£12,168,000 → -£4,925,000

• Wages

  -2.3%

  £130,000 → £127,000

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