TC DUDGEON OFTO PLC

Company number

11123266

Status

Active

Incorporation

2017-12-22

Last accounts made up

2025-03-31

Account category

FULL

Primary SIC

35120

Hubs

UK Energy & Climate

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Forvis Mazars LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors of the company have reviewed the company's projected profits and cash flows by reference to a financial model covering accounting periods up to 30 November 2038. The directors have also examined the current status of the company's principal contracts and likely developments in the foreseeable future. Having reviewed this financial information and having assessed the financial facilities available to the company, the directors consider that the company will be able to meet its liabilities as they fall due for a period of at least 12 months from the date of approval of these financial statements. Accordingly, the directors believe that it is appropriate for the financial statements to be prepared on a going concern basis.”

Significant events

• “In November 2018, the company purchased the Dudgeon offshore wind farm transmission assets including an undersea cable, an onshore cable and certain onshore and offshore transmission equipment, along with the associated contracts and licenses relating to the acquired assets.”
• “On 13 November 2018, the company was granted an offshore transmission licence by the Office of Gas and Electricity Market ("Ofgem") with the right to earn availability-based income on the transmission assets for a period of 20 years until November 2038.”

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