WALNEY EXTENSION LIMITED
Get an alert when WALNEY EXTENSION LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-06-23 (in 1mo)
Last made up 2025-06-09
Watchouts
Cash
£3M
-36.7% vs 2023
Net assets
£180M
-12.9% vs 2023
Employees
—
Average over period
Profit before tax
-£23M
+50.7% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
4 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Name history
Renamed 1 time since incorporation
- WALNEY EXTENSION LIMITED 2017-08-21 → present
- DONG ENERGY WALNEY EXTENSION (UK) LTD 2010-07-07 → 2017-08-21
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £278,869,102 | £288,910,129 | |
| Operating profit | £6,620,718 | £23,481,352 | |
| Profit before tax | -£46,276,689 | -£22,798,309 | |
| Net profit | -£60,164,421 | -£26,815,614 | |
| Cash | £4,687,833 | £2,966,369 | |
| Total assets less current liabilities | — | — | |
| Net assets | £207,197,446 | £180,381,832 | |
| Equity | -£207,197,446 | -£180,381,832 | |
| Average employees | — | — | |
| Wages | — | — |
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 2.4% | 8.1% | |
| Net margin | -21.6% | -9.3% | |
| Gearing (liabilities / total assets) | 87.0% | 87.5% | |
| Current ratio | 2.25x | 2.33x | |
| Interest cover | 0.12x | 0.46x |
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
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have concluded that, based on the mitigations put in place, these risks and uncertainties do not impact the going concern conclusion.”
Significant events
- “Revenue increased due to indexation of the Fixed Price Power Purchase Agreement (F.PPPA). Loss before tax decreased due to increased revenues and reduced cost of sales driven by cessation of Balancing Services Use of System (BSUoS) charges in the prior year, and the impact of the reducing balance depreciation policy.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
9 active · 26 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ALDERMAN, Sophie Alexandra | Director | 2025-03-24 | Jul 1987 | British |
| BERNARDI, Nicole Brigitte Rebsdorf | Director | 2025-03-24 | Apr 1979 | Danish |
| D'IPPOLITO, Nadia | Director | 2019-06-04 | Feb 1988 | Italian |
| KRAGH, Karen | Director | 2024-03-01 | Oct 1988 | Danish |
| ROBERTSON, James Grant | Director | 2025-05-22 | Jun 1987 | British |
| SWAIN, Martin James | Director | 2025-06-11 | Dec 1975 | British |
| VAN BRONCKHORST, Kathie Stephanie | Director | 2025-05-22 | May 1993 | Dutch |
| YENDOLE, Hugh Alistair | Director | 2025-05-22 | Feb 1968 | British |
| ZHAO, Rui | Director | 2024-08-27 | Dec 1990 | Australian |
Show 26 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ALLEN, David Thomas | Director | 2023-11-13 | 2025-05-22 |
| BORNOE, Ulrik Pallisoe | Director | 2018-05-09 | 2019-06-04 |
| CARR, Nathan Christian Gleave | Director | 2017-06-01 | 2017-10-03 |
| CHESHIRE, Brent | Director | 2015-10-17 | 2017-06-01 |
| DAHLGAARD FINK, Jakob, Mr. | Director | 2011-11-11 | 2012-12-11 |
| DALSAGER, Martin Vering | Director | 2017-11-10 | 2018-05-09 |
| DE VILLIERS, Philip Henry | Director | 2020-06-29 | 2025-05-22 |
| EBERHARD, Nicolai | Director | 2019-02-26 | 2020-06-29 |
| GEDBJERG, Peter | Director | 2011-01-10 | 2011-11-11 |
| HAWKES, Darren John | Director | 2015-10-17 | 2018-02-02 |
| HJELM, Jacob | Director | 2024-04-30 | 2024-10-31 |
| HJELM, Jacob | Director | 2024-01-11 | 2024-04-30 |
| HOUGAARD, Lars | Director | 2020-12-17 | 2023-03-16 |
| JAKOBSEN, Jeanette Bomholdt | Director | 2023-03-16 | 2024-03-01 |
| JOERGENSEN, Uffe | Director | 2010-07-07 | 2011-11-11 |
| KROGSGAARD, Christian | Director | 2018-05-09 | 2025-03-24 |
| LINDHARDT, Johan Hee | Director | 2018-03-06 | 2019-02-26 |
| LYNGSGAARD, Jacob Lise | Director | 2017-11-10 | 2020-07-02 |
| PEDERSEN, Per Alva Hjelmsted | Director | 2010-07-07 | 2015-10-17 |
| PULLEN, Cliff Robert | Director | 2024-08-27 | 2025-06-11 |
| SKAKKEBAEK, Christian Troels | Director | 2011-11-11 | 2012-12-11 |
| SYKES, Benjamin John | Director | 2013-07-15 | 2020-06-29 |
| TRIPODI, Domenico | Director | 2018-05-09 | 2024-08-27 |
| VASUDEV, Partha | Director | 2024-04-30 | 2024-08-27 |
| WESTWOOD, Benjamin | Director | 2020-06-29 | 2025-05-22 |
| YENDOLE, Hugh Alistair | Director | 2020-06-29 | 2023-11-13 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Walney Extension Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2017-08-29 | Active |
| Dong Energy A/S | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-06-09 | Ceased 2017-08-29 |
Filing timeline
Last 20 of 144 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-12-10 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-07-10 | AA | accounts | Accounts with accounts type full | |
| 2025-06-26 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-23 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-02 | CH01 | officers | Change person director company with change date | |
| 2025-05-28 | TM01 | officers | Termination director company with name termination date | |
| 2025-05-28 | TM01 | officers | Termination director company with name termination date | |
| 2025-05-28 | TM01 | officers | Termination director company with name termination date | |
| 2025-05-28 | AP01 | officers | Appoint person director company with name date | |
| 2025-05-28 | AP01 | officers | Appoint person director company with name date | |
| 2025-05-28 | AP01 | officers | Appoint person director company with name date | |
| 2025-04-03 | AP01 | officers | Appoint person director company with name date | |
| 2025-04-02 | AP01 | officers | Appoint person director company with name date | |
| 2025-04-02 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-10 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2024-12-10 | SH20 | capital | Legacy | |
| 2024-12-10 | CAP-SS | insolvency | Legacy | |
| 2024-12-10 | RESOLUTIONS | resolution | Resolution | |
| 2024-10-31 | TM01 | officers | Termination director company with name termination date | |
| 2024-08-30 | TM01 | officers | Termination director company with name |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 11
- Capital events
- 2
- Officers appointed
- 4
- Officers resigned
- 4
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
+3.6%
£278,869,102 £288,910,129
-
Cash
-36.7%
£4,687,833 £2,966,369
-
Net assets
-12.9%
£207,197,446 £180,381,832
-
Employees
—
Not reported
-
Operating profit
+254.7%
£6,620,718 £23,481,352
-
Profit before tax
+50.7%
-£46,276,689 -£22,798,309
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