DWR CYMRU (FINANCING) UK PLC

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

IFRS

Reporting scope

Standalone (parent only)

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis as the Directors have a reasonable expectation that the Company will have adequate resources for a period of at least 12 months from the date of their approval and that there are no material uncertainties to disclose.”

Significant events

• “In February 2025, credit rating agencies downgraded the Company's senior class B credit ratings, with its junior class C ratings also downgraded a single notch.”
• “conversion of an element of the intercompany loan to DCC from RPI linked to fixed rate, and a fair value adjustment to this loan, corresponding to the termination of one of the Company's external swap agreements. A total modification loss of £333,006,000 was recognised.”
• “As at 31 March 2025 there was also a special liquidity facility of £175 million (2024: £135 million); this is required in order to meet certain interest and other obligations that may not be funded through operating cash flow in the event of a standstill being declared by the Security Trustee, following an event of default under the Group's debt financing covenants.”

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

Filings

7

last 12 months

Capital events

0

last 24 months

Officers appointed

2

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

  —

  Not reported

• Cash

  +25.6%

  £1,086,000 → £1,364,000

• Net assets

  -108%

  £247,819,000 → -£19,793,000

• Employees

  —

  Not reported

• Operating profit

  -454.5%

  £72,155,000 → -£255,757,000

• Profit before tax

  -454.5%

  £72,155,000 → -£255,757,000

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