ORSTED LINCS (UK) LTD
Get an alert when ORSTED LINCS (UK) LTD 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
2026-06-29 (in 1mo)
Last made up 2025-06-15
Watchouts
None on the register
Cash
£796K
+188.3% vs 2023
Net assets
-£72M
+29.5% vs 2023
Employees
0
Average over period
Profit before tax
£17M
+29% vs 2023
Name history
Renamed 1 time since incorporation
- ORSTED LINCS (UK) LTD 2017-10-30 → present
- DONG ENERGY LINCS (UK) LTD 2011-06-15 → 2017-10-30
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 | £43,505,704 | £47,243,271 | |
| Operating profit | £15,224,125 | £18,962,432 | |
| Profit before tax | £13,117,525 | £16,927,408 | |
| Net profit | £11,098,968 | £13,824,633 | |
| Cash | £276,123 | £795,998 | |
| Total assets less current liabilities | £178,787,071 | £141,867,526 | |
| Net assets | -£102,284,440 | -£72,109,073 | |
| Equity | -£102,284,440 | -£72,109,073 | |
| Average employees | 0 | 0 | |
| 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 | 35.0% | 40.1% | |
| Net margin | 25.5% | 29.3% | |
| Return on capital employed | 8.5% | 13.4% | |
| Gearing (liabilities / total assets) | 156.6% | 150.3% | |
| Current ratio | 28.96x | 21.41x | |
| Interest cover | 4.06x | 5.69x |
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
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on the directors' assessment described above the directors are of the opinion that the company has adequate resources to continue in operational existence for a period of at least 12 months from the date of signing the financial statements for the year ended 31 December 2024 and therefore the going concern basis has been adopted in preparing the financial statements.”
Group structure
- ORSTED LINCS (UK) LTD · parent
- Lincs Wind Farm (Holding) Limited 25%
- Lincs Wind Farm Limited 25%
Significant events
- “After the balance sheet date, a principal loan repayment of £10,000,000 was paid.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 14 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CLAXTON, Samuel James | Director | 2020-11-16 | Nov 1988 | British |
| HICKSON, Mark Andrew | Director | 2025-05-07 | Nov 1981 | British |
| REDFORD, Ellen Mary Rose | Director | 2025-05-07 | May 1989 | British |
Show 14 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DE VILLIERS, Philip Henry | Director | 2017-05-04 | 2025-05-07 |
| DUDLEY, Mairi Susan | Director | 2018-09-24 | 2020-10-30 |
| GRUMSTRUP SOERENSEN, Christina | Director | 2011-06-15 | 2013-05-27 |
| GUY, Richard Trevor | Director | 2013-05-27 | 2014-08-19 |
| HELMS, Robert, Mr. | Director | 2015-10-06 | 2018-09-24 |
| KJAER, Arent Christian | Director | 2011-08-29 | 2013-01-17 |
| MADSEN, Allan | Director | 2017-05-04 | 2018-09-24 |
| MWARAMBA, Wadzanai Kevan | Director | 2022-12-01 | 2024-12-05 |
| RASMUSEN, Nikolaj Qvade | Director | 2011-06-15 | 2014-04-07 |
| ROOKE, Gavin | Director | 2014-04-07 | 2017-05-04 |
| SKOVGAARD-ANDERSEN, Mads | Director | 2014-08-19 | 2015-10-06 |
| SKYTTEGAARD-NIELSEN, Kasper Holst | Director | 2018-09-24 | 2020-06-08 |
| SYKES, Benjamin John | Director | 2013-05-27 | 2017-05-04 |
| WESTWOOD, Benjamin | Director | 2020-06-15 | 2022-12-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Ørsted A/S | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-06-09 | Active |
Filing timeline
Last 20 of 82 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-23 | AA | accounts | Accounts with accounts type full | |
| 2025-06-17 | CH01 | officers | Change person director company with change date | |
| 2025-06-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-14 | AP01 | officers | Appoint person director company with name date | |
| 2025-05-13 | AP01 | officers | Appoint person director company with name date | |
| 2025-05-13 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-05 | TM01 | officers | Termination director company with name termination date | |
| 2024-10-13 | AA | accounts | Accounts with accounts type full | |
| 2024-06-17 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-06-10 | CH01 | officers | Change person director company with change date | |
| 2023-10-06 | AA | accounts | Accounts with accounts type full | |
| 2023-06-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-01 | AD04 | address | Move registers to registered office company with new address | |
| 2022-12-01 | AP01 | officers | Appoint person director company with name date | |
| 2022-12-01 | TM01 | officers | Termination director company with name termination date | |
| 2022-06-17 | AA | accounts | Accounts with accounts type full | |
| 2022-06-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-09-28 | AA | accounts | Accounts with accounts type full | |
| 2021-06-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-04-28 | CH01 | officers | Change person director company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- Officers appointed
- 2
- Officers resigned
- 1
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
+8.6%
£43,505,704 £47,243,271
-
Cash
+188.3%
£276,123 £795,998
-
Net assets
+29.5%
-£102,284,440 -£72,109,073
-
Employees
—
Not reported
-
Operating profit
+24.6%
£15,224,125 £18,962,432
-
Profit before tax
+29%
£13,117,525 £16,927,408
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