UK Companies House feature
GWYNT Y MOR OFTO PLC
Profile
- Company number
- 08796159
- Status
- Active
- Incorporation
- 2013-11-29
- Last accounts made up
- 2025-03-31
- Account category
- FULL
- Primary SIC
- 35120
- Hubs
- UK Energy & Climate
Accounts
Pending extraction
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- KPMG LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“Due to commercial issues that the Company has faced since commencement, very few repayments of interest (and none of principal) of subordinated debt to Noteholders have been able to occur. The OFTO is unable to resume subordinated debt repayments until all reserve accounts are fully funded and all PBCE borrowings have been repaid. There remains a risk that the compounding interest-on-interest roll up will lead to a scenario where there are outstanding amounts payable to Noteholders at the conclusion of the project in 2035 and no further available cash flows to settle these amounts. This may cast significant doubt on the Company's ability to continue as a going concern in the later years of the project and the Company may be unable to realise its assets and discharge its liabilities in the normal course of business.”
Significant events
- “On 14 December 2023, the SSEC3 cable tripped due to a cable fault. Availability was reduced to 50% for 6 hours, and was then 75% until the cable was re-energised on 30 August 2024 following a repair. An export cap was applied to SSEC3 following the re-energisation, and this will be the case until a more extensive repair can be conducted (planned for summer 2025).”
- “Regarding the Stage 4 SSEC3 repair, to be carried out in summer 2025, the OFTO has made a provision in full for repair costs at the year end, along with an income accrual for the recovery of these costs.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
3 active · 22 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| JANKOWSKI, Mark | Secretary | 2025-12-23 | — | — |
| BALL, Jonathan | Director | 2024-12-04 | Sep 1980 | British |
| PULUR, Tarkan | Director | 2025-01-10 | Nov 1976 | German |
Show 22 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HOLDEN, Rosamond | Secretary | 2018-09-26 | 2021-09-03 |
| JANKOWSKI, Mark | Secretary | 2021-09-03 | 2025-12-23 |
| MARSHALL, Nigel John | Secretary | 2014-01-31 | 2015-03-19 |
| MCCARTHY, Patrick | Secretary | 2017-09-29 | 2018-09-26 |
| MCCARTHY, Patrick Joseph | Secretary | 2015-03-19 | 2017-03-16 |
| SHUTT, Sarah | Secretary | 2017-03-16 | 2017-09-29 |
| ALNERY INCORPORATIONS NO. 1 LIMITED | Corporate Secretary | 2013-11-29 | 2014-01-31 |
| BURGESS, Benjamin Michael | Director | 2021-02-19 | 2024-02-27 |
| COLLINS, Rebecca | Director | 2014-01-31 | 2020-05-01 |
| CROSSLEY, Hugh Barnabas | Director | 2014-01-31 | 2015-03-19 |
| GILL, Paul Ellis | Director | 2024-02-27 | 2024-12-04 |
| GILL, Paul Ellis | Director | 2020-05-01 | 2022-10-18 |
| JONES, Sion Laurence | Director | 2015-03-19 | 2017-12-21 |
| MCLACHLAN, Sean Kent | Director | 2015-08-20 | 2015-12-17 |
| ORRELL, Stewart | Director | 2014-01-31 | 2015-08-20 |
| RANKMORE, Victoria Jane | Director | 2013-11-29 | 2014-01-31 |
| ROOKE, Simon | Director | 2015-12-17 | 2025-12-23 |
| SHERMAN, Jemma Louise | Director | 2022-10-18 | 2025-01-10 |
| WAKEFIELD, Nathan John | Director | 2017-12-21 | 2021-02-19 |
| WALKER, Brian Roland | Director | 2014-01-31 | 2025-12-23 |
| ALNERY INCORPORATIONS NO. 1 LIMITED | Corporate Director | 2013-11-29 | 2014-01-31 |
| ALNERY INCORPORATIONS NO. 2 LIMITED | Corporate Director | 2013-11-29 | 2014-01-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Gwynt Y Mor Ofto Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-11-04 | Active |
Filing timeline
Last 20 of 88 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-01-16 | AP03 | officers | appoint person secretary company with name date |
| 2025-12-29 | AD01 | address | change registered office address company with date old address new address |
| 2025-12-29 | TM01 | officers | termination director company with name termination date |
| 2025-12-29 | TM01 | officers | termination director company with name termination date |
| 2025-12-29 | TM02 | officers | termination secretary company with name termination date |
| 2025-12-08 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-08-13 | AA | accounts | accounts with accounts type full |
| 2025-01-16 | AP01 | officers | appoint person director company with name date |
| 2025-01-16 | TM01 | officers | termination director company with name termination date |
| 2024-12-11 | AP01 | officers | appoint person director company with name date |
| 2024-12-11 | TM01 | officers | termination director company with name termination date |
| 2024-12-11 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-09-11 | AA | accounts | accounts with accounts type full |
| 2024-03-18 | TM01 | officers | termination director company with name termination date |
| 2024-03-18 | AP01 | officers | appoint person director company with name date |
| 2023-12-07 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-08-29 | AA | accounts | accounts with accounts type full |
| 2022-12-13 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2022-11-01 | TM01 | officers | termination director company with name termination date |
| 2022-11-01 | AP01 | officers | appoint person director company with name date |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory