GEV WIND POWER LIMITED

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

RSM UK Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Having undertaken the above exercise as part of the sale process, the Directors believe that the company, and the Group it is part of, will have adequate resources and support from the new ultimate parent undertaking to continue operations for the foreseeable future, including for a minimum of 12 months from the date of approval of these financial statements. For this reason, the Directors continue to adopt the going concern basis of accounting in preparing the financial statements and no adjustments have been included in these financial statements that would result if the company were unable to continue as a going concern. A parental support letter was provided by the company's new parent in April 2026.”

Significant events

• “On 2 May 2025 the company's immediate parent GEV Group Limited, and certain other members of the broader GEV group were sold to Blade Bidco Limited, a company incorporated in England and Wales.”
• “Acquisition by the broader GEV Group of Australian based Rigcom in November 2023, which provides an opportunity for the company to mitigate its fixed labour costs by seconding technicians to Australia during the northern hemisphere winter.”

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

Filings

19

last 12 months

Capital events

0

last 24 months

Officers appointed

1

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

  +6%

  £12,615,783 → £13,372,467

• Cash

  +8,089.9%

  £6,929 → £567,475

• Net assets

  +17%

  -£5,176,201 → -£4,297,399

• Employees

  +16%

  25 → 29

• Operating profit

  +117.8%

  -£4,925,058 → £878,411

• Profit before tax

  +117.8%

  -£4,926,476 → £876,417

• Wages

  +14.6%

  £1,473,769 → £1,689,641

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