OPTIMUS WIND LIMITED

1. OPTIMUS WIND LIMITED 2012-05-10 → present
2. SMART WIND SPC3 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

UK adopted International Accounting Standards (IAS)

Reporting scope

Standalone (parent only)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors' base case assessment, which is based on board-approved budgets, is that these obligations will be settled from cash at hand and through the receipt of receivables due from related parties, as disclosed in note 16. There are no indications of any events that would result in significant one-off payments, inability to settle existing and future liabilities or unforecast liabilities for the company. Whilst potentially severe but plausible downside scenarios have been identified the directors have concluded that, based on the mitigations put in place, these do not impact the going concern conclusion.”

Significant events

• “Development of the Hornsea 2 Wind Farm has been substantially completed, with ongoing activities being post-construction work. The company is now finalising post-construction works on behalf of its parent companies, and will continue to do so until these are completed. It is estimated that the post-construction work will be finalised by the end of the financial year 2026.”

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

Filings

9

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

  —

  Not reported

• Cash

  -68.9%

  £15,296,938 → £4,754,284

  lowest in 3 filed years

• Net assets

  -0.6%

  -£13,983,858 → -£14,072,922

• Employees

  —

  Not reported

• Operating profit

  -454.8%

  -£7,020 → -£38,946

• Profit before tax

  -60%

  £222,761 → £89,064

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