HUMBER GATEWAY OFTO HOLDINGS LIMITED

• ⚠

  Material uncertainty over going concern

  However, until the issue is mitigated, there is a material uncertainty as to whether the subordinated debt will be fully repaid when it becomes due. This may cast significant doubt on the Group and Company's ability to continue as a going concern in the later years of the project and the Group and Company may be unable to realise their assets and discharge its liabilities in the normal course of business.

• ◆

  4 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

Accounting basis

IFRS

Reporting scope

Consolidated group

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“However, until the issue is mitigated, there is a material uncertainty as to whether the subordinated debt will be fully repaid when it becomes due. This may cast significant doubt on the Group and Company's ability to continue as a going concern in the later years of the project and the Group and Company may be unable to realise their assets and discharge its liabilities in the normal course of business.”

Group structure

1. HUMBER GATEWAY OFTO HOLDINGS LIMITED · parent
   1. Humber Gateway OFTO Limited 100% · UK · Concession Company
   2. Humber Gateway OFTO Intermediate Limited 100% · UK · Financing Company

Significant events

• “In May 2024 EDS carried out repairs on the 275kV network which required two short term planned outages on each of two export circuits. The outage reduced availability in the month to 96.50%.”

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

0

last 12 months

Officers resigned

4

last 12 months

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