AFON WYSG ENERGY LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-06-15 (in 1mo)
Last made up 2025-06-01
Watchouts
None on the register
Cash
£85K
-54.1% vs 2023
Net assets
-£2M
+76.2% vs 2023
Employees
1
-50% lowest in 5 filed years
Profit before tax
£13M
+986.4% highest in 5 filed years
Name history
Renamed 3 times since incorporation — the current trading name was adopted 2025-08-28
- AFON WYSG ENERGY LIMITED 2025-08-28 → present
- SIMEC USKMOUTH POWER LIMITED 2015-04-13 → 2025-08-28
- USKMOUTH POWER COMPANY LIMITED 2004-06-03 → 2015-04-13
- HACKREMCO (NO.2141) LIMITED 2004-04-19 → 2004-06-03
Net assets
9-year trend · vs Utilities median
Accounts
9-year trend · latest reflected 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 the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | — | — | 12.0% | 127.7% | |
| Net margin | — | — | — | — | — | — | — | 10.7% | 50.6% | |
| Return on capital employed | — | -19.3% | — | -1665.7% | — | 93.9% | — | 32.7% | 84.4% | |
| Interest cover | — | -50.08x | — | -291.90x | — | 18.73x | — | 8.99x | 29.65x |
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.
Audit & accounting basis
- 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 and subsidiary information is drawn from the narrative of the latest annual accounts. 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
Material constitutional events — rename, articles re-file, resolution
- 2025-08-28 CERTNM Certificate change of name company PDF
| 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 |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-6%
£10,769,000 £10,120,000
-
Cash
-54.1%
£185,000 £85,000
-
Net assets
+76.2%
-£6,717,000 -£1,599,000
-
Employees
-50%
2 1
lowest in 5 filed years
-
Operating profit
+898.2%
£1,295,000 £12,927,000
highest in 5 filed years
-
Profit before tax
+986.4%
£1,151,000 £12,504,000
highest in 5 filed years
-
Wages
-73.1%
£134,000 £36,000
lowest in 5 filed years
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