VULCAN RENEWABLES LIMITED

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  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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 102

Reporting scope

Standalone (parent only)

Auditor

PKF Francis Clark

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the director's 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 original financial statements were authorised for issue.”

Significant events

• “The Company owns an anerobic digestion (AD) plant which produces green gas that is injected into the UK gas grid. The plant was commissioned in 2013 and has undergone several upgrades since 2018.”
• “25-30% of the Company's total revenue relates to gas export. Energy markets have been subject to significant fluctuations over the last few years, and this volatility is expected to continue due to conflicts between Russia/Ukraine and Israel/Palestine, temperature extremities and gas storage capacities. The Company has limited uncertainty around future movements in wholesale gas prices by securing a fixed price for up to 80% of the total volume exported, up to 2 years in advance.”
• “The Company sources some equipment and spare parts from the European Union and can experience long lead times on such orders. In the event of downtime, these long lead times can lead to a significant loss of revenue. The Company has worked to mitigate this risk by maintaining a significant investment in spare parts. It also has access to stock held by its operator, Future Biogas Limited.”
• “Weather is an important factor in the growing conditions for the Company's main feedstocks, maize and rye. Adverse weather conditions can result in reduced harvest yields (impacting availability of feedstocks for the coming year, potentially leading to the requirement to source additional feedstocks from external parties) and increased feedstock costs (impacting profitability). The Company mitigates these risks through a well diversified and long established feedstock supply chain, and careful stock management.”
• “Biomethane production totalled 99,413MWh in the year (2024 105,180MWh), a decrease of 5% on the prior year, mainly due to downtime incurred in preparation for an injection upgrade that went live post year end.”
• “The Company's turnover increased 1.02% to average £1,277,849 per month (2023 - £1,248,771 per month) despite reduced biomethane production, due to increased subsidies and gas export prices.”
• “The Company recorded earnings before interest, tax and depreciation (EBITDA) of £5,583,553 (2024 £4,461,532), an increase of 25% on the prior year. This was as a result of decreased electricity import costs, reduced propane costs, and reclassification of property lease costs to the balance sheet following early adoption of the new FRS 102 lease accounting requirements.”
• “The Directors expect the future performance of the Company to improve as several upgrade projects are either planned or underway, including: plant upgrade increased gas injection from April 2025, with further increase expected from mid 2026; clamp upgrade - increased availability for feedstock storage from mid 2026.”

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

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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

• Turnover

  +2.3%

  £14,985,262 → £15,334,189

• Cash

  -80%

  £3,552,340 → £711,655

• Net assets

  +28%

  £2,467,231 → £3,158,659

• Employees

  —

  Not reported

• Operating profit

  +31.4%

  £3,215,884 → £4,224,218

• Profit before tax

  +47.8%

  £838,064 → £1,238,285

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