BREESEA LIMITED

1. BREESEA LIMITED 2012-05-10 → present
2. SMART WIND SPC4 LIMITED 2011-12-15 → 2012-05-10

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

IFRS

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

1. BREESEA LIMITED · parent
   1. Optimus Wind Limited 33.3% · United Kingdom · Constructor of the Wind Farm Asset

Significant events

• “Revenue increased due to indexation of the Fixed Price Power Purchase Agreement (F.PPPA). Loss before tax increased due to the disposal of an offshore transmission asset in July 2023. Consequently, in 2024, the company incurred full-year transmission network use of system charges, compared to only six months in 2023 post-transaction.”
• “During the year the company surrendered tax losses via consortium relief to its indirect shareholders for nil consideration. Subsequent to the year end the indirect shareholders agreed to compensate the company for the losses surrendered and a receivable of £2,658,324 was recognised.”

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

Filings

11

last 12 months

Capital events

0

last 24 months

Officers appointed

4

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

  +5.7%

  £80,230,859 → £84,766,618

• Cash

  +627.3%

  £1,314,005 → £9,557,221

• Net assets

  -70.5%

  -£69,956,953 → -£119,285,163

• Employees

  —

  Not reported

• Operating profit

  -294.3%

  -£6,559,145 → -£25,865,383

• Profit before tax

  -38.7%

  -£35,964,745 → -£49,881,325

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