UK Companies House feature
AFON WYSG ENERGY LIMITED
Cash
£85K
-54.1% vs 2023
Net assets
-£2M
+76.2% vs 2023
Employees
1
-50% vs 2023
Profit before tax
£13M
+986.4% vs 2023
Profile
- Company number
- 05104786
- Status
- Active
- Incorporation
- 2004-04-19
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 35110
- Hubs
- UK Energy & Climate
Net assets
9-year trend · vs UK Energy & Climate median
Accounts
9-year trend · latest 2024-12-31
| Metric | Trend | 2020-01-01 | 2020-12-31 | 2021-01-01 | 2021-12-31 | 2022-01-01 | 2022-12-31 | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | — | — | £10,769,000 | £10,120,000 | |
| Operating profit | — | -£8,563,000 | — | -£23,936,000 | — | £2,659,000 | — | £1,295,000 | £12,927,000 | |
| Profit before tax | — | -£8,734,000 | — | -£24,018,000 | — | £2,517,000 | — | £1,151,000 | £12,504,000 | |
| Net profit | — | -£8,734,000 | — | -£24,013,000 | — | £2,517,000 | — | £1,151,000 | £5,118,000 | |
| Cash | — | £131,000 | — | £83,000 | — | £283,000 | — | £185,000 | £85,000 | |
| Total assets less current liabilities | — | £44,350,000 | — | £1,437,000 | — | £2,832,000 | — | £3,957,000 | £15,309,000 | |
| Net assets | — | £29,850,000 | — | -£11,856,000 | — | -£9,339,000 | — | -£6,717,000 | -£1,599,000 | |
| Equity | £38,457,000 | £29,850,000 | £29,850,000 | -£11,856,000 | -£11,856,000 | -£9,339,000 | -£7,873,000 | -£6,717,000 | -£1,599,000 | |
| Average employees | — | 34 | — | 15 | — | 2 | — | 2 | 1 | |
| Wages | — | £911,000 | — | £708,000 | — | £179,000 | — | £134,000 | £36,000 |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Kreston Reeves LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Significant events
- “The Company leases land available at the Uskmouth Power Station site to a related party, SIMEC Power 4 Limited. The lease is agreed on a 999-year basis and includes a lease premium of £1,475k million, which has been reassessed as a finance lease under IFRS 16. The revenue should have been recognised at the inception of the lease agreement in 2017, and as a result the full £1,457k was released to retained earnings in the current reporting period, with prior year restatement reflected in the statement of changes in equity and within advanced receipts in trade payables.”
- “The Directors have reassessed the carrying amount of Investment Property held by the Company. The carrying amount of Investment Property for the 2023 reporting period has been decreased by £33,174k. Consequently, the fair value movement in the income statement for 2023 has been decreased by £33,174k. There has been no tax impact of these changes.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
3 active · 22 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HIRST, Simon Matthew | Director | 2022-07-27 | Oct 1967 | British |
| REID, Graham Matthew | Director | 2021-01-18 | Jan 1962 | British |
| TAAFFE, David Gerard | Director | 2022-07-27 | Nov 1980 | Irish |
Show 22 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DONNELLY, Lawrence John Vincent | Secretary | 2009-08-13 | 2014-12-01 |
| FAIRBAIRN, Sally | Secretary | 2014-12-01 | 2014-12-15 |
| LAMBIE, Alexander Scott | Secretary | 2004-07-05 | 2004-11-16 |
| LLEWELLYN, Paul | Secretary | 2004-11-16 | 2008-05-21 |
| MANUEL, Melanie Jane Kincaid | Secretary | 2008-05-21 | 2009-08-13 |
| AES FIFOOTS POINT LIMITED | Corporate Secretary | 2004-06-09 | 2004-07-05 |
| HACKWOOD SECRETARIES LIMITED | Corporate Nominee Secretary | 2004-04-19 | 2004-06-09 |
| ABEDI, Shezad | Director | 2004-07-05 | 2008-07-25 |
| BRYDON, Antony Gavin Dominic, Dr | Director | 2009-08-13 | 2010-03-02 |
| BUSCHE, James Brian | Director | 2014-12-20 | 2018-06-13 |
| CORNELIUS, Timothy James | Director | 2018-06-13 | 2021-01-18 |
| DAGLEY, Andrew Luke | Director | 2018-06-13 | 2022-07-27 |
| FOSTER, Stephen Edmund | Director | 2005-05-02 | 2008-10-02 |
| FRASER, Alastair Douglas | Director | 2008-10-02 | 2009-08-13 |
| GUPTA, Parduman Kumar | Director | 2016-03-01 | 2018-06-13 |
| HAYWARD, Mark Richard | Director | 2013-03-29 | 2014-12-15 |
| HILL, Richard John | Director | 2004-06-09 | 2004-07-05 |
| LAMBIE, Alexander Scott | Director | 2004-07-05 | 2009-08-13 |
| RENNET, Brandon James | Director | 2010-03-02 | 2013-03-13 |
| SHED, Frank Richard | Director | 2008-02-07 | 2009-03-12 |
| SMITH, Paul Richard | Director | 2009-08-13 | 2014-12-15 |
| HACKWOOD DIRECTORS LIMITED | Corporate Nominee Director | 2004-04-19 | 2004-06-09 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Ampeak Energy Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2018-06-15 | Active |
| Simec Atlantis Energy Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2018-06-13 | Ceased 2018-06-13 |
| Mr. Parduman Kumar Gupta | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2018-06-13 |
| Simec Uk Energy Holdings Ltd | Corporate entity | Shares 75–100% | 2016-04-06 | Ceased 2016-04-06 |
Filing timeline
Last 20 of 155 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2025-09-15 | AD01 | address | change registered office address company with date old address new address |
| 2025-08-28 | CERTNM | change-of-name | certificate change of name company |
| 2025-08-08 | CH01 | officers | change person director company with change date |
| 2025-08-05 | AA | accounts | accounts with accounts type full |
| 2025-06-03 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-04-16 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2025-04-11 | PSC02 | persons-with-significant-control | notification of a person with significant control |
| 2025-04-11 | PSC09 | persons-with-significant-control | withdrawal of a person with significant control statement |
| 2025-04-01 | RP04CS01 | confirmation-statement | second filing of confirmation statement with made up date |
| 2025-04-01 | RP04CS01 | confirmation-statement | second filing of confirmation statement with made up date |
| 2024-09-30 | AA | accounts | accounts with accounts type full |
| 2024-06-12 | CH01 | officers | change person director company with change date |
| 2024-06-10 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-09-28 | AA | accounts | accounts with accounts type full |
| 2023-06-22 | MR04 | mortgage | mortgage satisfy charge full |
| 2023-06-02 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2022-09-30 | AA | accounts | accounts with accounts type full |
| 2022-08-24 | MR04 | mortgage | mortgage satisfy charge full |
| 2022-08-24 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2022-08-02 | TM01 | officers | termination director company with name termination date |
Credit score
Altman Z″ (private-firm) · reference 2024-12-31
3.75
SAFE
Altman Z″
- Working capital / Total assets 0.152 × 6.56 = +1.00
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets 0.418 × 6.72 = +2.81
- Book equity / Total liabilities -0.049 × 1.05 = -0.05
Bands: > 2.6 safe · 1.1–2.6 grey · < 1.1 distress. Z″ is a public-formula baseline, not a substitute for adverse-data signals (CCJs, charges, gazette notices) — those land in a later pass.
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory