ENERGY ASSETS NETWORKS LIMITED

1. ENERGY ASSETS NETWORKS LIMITED 2018-01-24 → present
2. UTILITY DISTRIBUTION NETWORKS LTD 2016-05-27 → 2018-01-24
3. THE IDNO LTD 2016-03-17 → 2016-05-27

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 101

Reporting scope

Standalone (parent only)

Auditor

Johnston Carmichael LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“A period of twelve months from the date of approval of the financial statements has been considered and the likely performance of the business and possible alternative outcomes has been assessed alongside the financing facilities available to the Company, compliance with financial covenants and the possible actions able to be taken should new facilities not be available in the future. Having taken all of these factors into consideration, the Directors confirm that forecasts and projections indicate that the Company has adequate resources for the foreseeable future and at least for the period of twelve months from the date of this report. Accordingly, the financial statements have been prepared on a going concern basis.”

Significant events

• “There have been no events which have taken place after the balance sheet date but before the date of signing which are considered to give significant and further information relevant to these financial statements.”

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

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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

• Turnover

  +57.6%

  £14,468,000 → £22,806,000

• Cash

  -12.1%

  £1,957,000 → £1,720,000

• Net assets

  +12.9%

  £27,496,000 → £31,047,000

• Employees

  0%

  28 → 28

• Operating profit

  +91.7%

  £2,852,000 → £5,466,000

• Profit before tax

  +93.2%

  £2,800,000 → £5,409,000

• Wages

  +9%

  £1,389,000 → £1,514,000

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