STATKRAFT UK LTD

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

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Company's business activities, together with the factors likely to affect its future development and performance are set out in the Strategic Report and Directors' Report. The financial position of the Company is disclosed on page 17. Its financial risk management objectives and details of its exposure to foreign exchange, credit, interest, liquidity and capital risk management are disclosed in note 3. The Company is in a net asset position of £742,716,000 (2023: £290,655,000) and continues to meet day-to-day liquidity needs through its cash resources. The Directors have reviewed cash flow forecasts and projections which cover a period of at least 12 months from the date of the approval of the financial statements, which show that the Company has sufficient financial resources to continue in operation for at least the next 12 months from the date of approval of the financial statements. The Directors also reviewed the relationship with its parent entity and the financial capability of the parent entity (who have undertaken to provide financial support to the Company to enable it to operate as a going concern and to discharge its obligations as and when they fall due). Accordingly, they continue to adopt the going concern basis in preparing the financial statements.”

Group structure

1. STATKRAFT UK LTD · parent
   1. Statkraft Energy LTD. 100% · Wales
   2. Ackron Wind Farm LTD 100% · Scotland
   3. Lluest y Gwynt Wind Farm Limited 79% · Wales
   4. Slickly Wind Farm Limited 100% · Scotland
   5. Keith Storage Solutions Limited 100% · Scotland
   6. Artfield Forest Wind Farm LTD 100% · Scotland
   7. Knockcronal Wind Farm LTD 100% · Scotland
   8. Energy Isles Shetland Limited 100% · Scotland
   9. Stargoose Clean Energy Limited 100% · England
   10. Statkraft Pure Energy Limited 100% · England
   11. Logi Energy Limited 100% · England
   12. Swansea Grid Solutions Limited 100% · Wales
   13. BB2 Wind Farm Limited 100% · Scotland
   14. Appin Wind Farm Limited 100% · Scotland
   15. Craig Watch Wind Farm Limited 100% · Scotland
   16. Car Duibh Wind Farm Limited 100% · Scotland
   17. Brake Shetland Limited 100% · England
   18. Lister Drive Solutions Limited 100% · England
   19. Loch Liath Wind Farm Limited 100% · Scotland
   20. Soay Limited 100% · England
   21. Faughan Stability Limited 100% · Northern Ireland
   22. Balwen Limited 100% · England
   23. West Andershaw Wind Farm Limited 100% · Scotland
   24. Thornton Grid Solutions Limited 100% · England
   25. Statkraft Windco 1 Limited 100% · Scotland
   26. Bush Hill Stability Limited 100% · Northern Ireland
   27. Alleston Clean Energy Limited 100% · England
   28. Coylton Energy Limited 100% · England
   29. Collie Beith Wind Farm Limited 100% · England
   30. Little South Clean Energy Limited 100% · England
   31. Elwy Clean Energy Limited 100% · England
   32. Neilston Energy Limited 100% · England
   33. Sheepwash Clean Energy Limited 100% · England
   34. Stakraft Highlands PSH Limited 100% · Scotland
   35. Carn Fearna Wind Farm Limited 100% · Scotland
   36. CB Wind Farm Limited 100% · Scotland
   37. Mossy Hill Shetland Limited 100% · Scotland
   38. Beaw Field Shetland Limited 100% · Scotland
   39. GB Wind Farm Limited 100% · Scotland
   40. Spennymoor Grid Solutions Limited 100% · England
   41. Necton Grid Solutions Limited 100% · England
   42. Learanaich Wind Farm Limited 100% · Scotland
   43. Speedwell Solar Farm Limited 100% · England
   44. Oliver Forest Wind Farm Limited 100% · Scotland
   45. Kitland Solar Farm Limited 100% · England
   46. Mylen Leah Solar Limited 100% · England
   47. East Claydon Energy Limited 100% · England
   48. Trerice Solar Farm Limited 100% · England
   49. Ninfield Grid Solutions Limited 100% · England

Significant events

• “Subsequent to the year in February 2025, Statkraft Energy Ltd paid a dividend to Statkraft UK LTD amounting to £10,000,000. In the same month, Wind UK Invest Limited paid a dividend of £6,166,260 to Statkraft UK LTD. In September 2025, Wind UK Invest Limited paid a dividend of £3,743,297 to Statkraft UK LTD. In May 2025, Keith Storage Solutions Limited paid a dividend of £12,000,000 to Statkraft UK LTD.”

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

Filings

7

last 12 months

Capital events

2

last 24 months

Officers appointed

0

last 12 months

Officers resigned

2

last 12 months

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

• Turnover

  -73.8%

  £54,647,000 → £14,314,000

• Cash

  —

  Not reported

• Net assets

  +155.5%

  £290,655,000 → £742,716,000

• Employees

  -8.1%

  260 → 239

• Operating profit

  -2,297.9%

  £2,236,000 → -£49,145,000

• Profit before tax

  -859.6%

  £5,361,000 → -£40,724,000

• Wages

  -96.9%

  £39,590,000 → £1,245,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers