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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-05-16 (this month)

Last made up 2025-05-02

Watchouts

None on the register

Cash

£0

Latest balance sheet

Net assets

£10M

+4.3% vs 2023

Employees

Average over period

Profit before tax

£393K

-98.4% vs 2023

Accounts

2-year trend · latest reflected 2024-12-31

Metric Trend 2023-12-312024-12-31
Turnover
Operating profit £27,224,000£2,271,000
Profit before tax £25,089,000£393,000
Net profit £25,089,000£393,000
Cash £0£0
Total assets less current liabilities £33,997,000£29,155,000
Net assets £9,165,000£9,558,000
Equity £9,165,000£9,558,000
Average employees
Wages

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

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2023-12-312024-12-31
Return on capital employed 80.1%7.8%
Gearing (liabilities / total assets) 86.4%84.5%
Current ratio 0.01x0.01x
Interest cover 12.75x1.21x

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.

Audit & accounting basis

Accounting basis
IFRS
Reporting scope
Standalone (parent only)
Auditor
KPMG LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“Consequently, the Directors consider that the Company will have sufficient funds to continue to meet its liabilities as they fall due for at least 12 months from the date of approval of the financial statements and therefore have prepared the financial statements on a going concern basis.”

Group structure

  1. EQUITIX (ABCD) LIMITED · parent
    1. GHH Acquisitions MidCo Limited 100% · Holding company for the underlying investments
    2. GHH Holdco Limited 100% · Holding company for the underlying investments
    3. GHH NewCo Limited 100% · Holding company for the underlying investments
    4. Allt Choille-Rais Hydro Limited 100% · Scotland · Project company which covers the operation and management of Renewable Power
    5. Etive Gridco Limited 100% · Project company which covers the operation and management of Renewable Power
    6. Coiltie Hydro Limited Operating 50% · Project company which covers the operation and management of Renewable Power
    7. GHH Acquisitions Limited 100% · Holding company for the underlying investments
    8. Allt Garbh Hydro Limited Operating 100% · Project company which covers the operation and management of Renewable Power
    9. GHH Group Holdings Limited 100% · Holding company for the underlying investments
    10. Roroyere Hydro Limited Operating 100% · Scotland · Project company which covers the operation and management of Renewable Power
    11. Ceannacroc Hydro Limited Operating 100% · Project company which covers the operation and management of Renewable Power
    12. Keltneyburn Hydro Limited Operating 100% · Project company which covers the operation and management of Renewable Power
    13. Shenval Hydro Limited Operating 100% · Project company which covers the operation and management of Renewable Power
    14. Enrick Gridco Limited Operating 33% · Scotland · Project company which covers the operation and management of Renewable Power
    15. Lochaber Hydro Limited Operating 100% · Project company which covers the operation and management of Renewable Power
    16. Gleann nam Fiadh Hydro Limited Operating 100% · Project company which covers the operation and management of Renewable Power
    17. Coulags Hydro Limited Operating 100% · Project company which covers the operation and management of Renewable Power
    18. Mullardoch Hydro Limited Operating 100% · Project company which covers the operation and management of Renewable Power
    19. Nathrach Hydro Limited Construction 100% · Project company which covers the operation and management of Renewable Power
    20. Barrs Hydro Limited 100% · Project company which covers the operation and management of Renewable Power
    21. Argyll Hydro Limited 100% · Project company which covers the operation and management of Renewable Power

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

People

3 active · 6 resigned

Name Role Appointed Born Nationality
CSC FIDUCIARY SERVICES (UK) LIMITED Corporate Secretary 2023-10-05
GILLESPIE, Robert Alistair Martin Director 2023-03-31 Jul 1990 British
HILL, Liam David Director 2025-10-01 Jun 1990 British
Show 6 resigned officers
Name Role Appointed Resigned
BOSHELL, Ffion Director 2021-10-25 2023-03-31
CROSSLEY, Hugh Barnabas Director 2019-05-03 2023-03-31
JACKSON, Geoffrey Allan Director 2019-05-03 2022-08-15
JONES, Sion Laurence Director 2019-05-03 2023-03-31
SMITH, Jonathan Charles Director 2019-05-03 2021-10-25
WAGHELA, Sanil Director 2023-03-31 2025-10-01

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Equitix Infrastructure 5a Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2019-05-03 Active

Filing timeline

Last 20 of 30 total filings

Date Type Category Description
2025-10-27 AP01 officers Appoint person director company with name date PDF
2025-10-27 TM01 officers Termination director company with name termination date PDF
2025-10-07 AA accounts Accounts with accounts type full
2025-07-21 CH04 officers Change corporate secretary company with change date PDF
2025-07-14 CH01 officers Change person director company with change date PDF
2025-05-17 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-12-09 CH04 officers Change corporate secretary company with change date PDF
2024-09-19 AA accounts Accounts with accounts type full
2024-05-20 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-10-05 AP04 officers Appoint corporate secretary company with name date PDF
2023-10-05 AA accounts Accounts with accounts type full
2023-05-12 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-04-04 AP01 officers Appoint person director company with name date PDF
2023-04-04 AP01 officers Appoint person director company with name date PDF
2023-04-04 TM01 officers Termination director company with name termination date PDF
2023-04-04 TM01 officers Termination director company with name termination date PDF
2023-04-04 TM01 officers Termination director company with name termination date PDF
2023-03-10 PSC05 persons-with-significant-control Change to a person with significant control PDF
2022-09-20 AA accounts Accounts with accounts type full
2022-09-16 TM01 officers Termination director company with name termination date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
6

last 12 months

Capital events
0

last 24 months

Officers appointed
1

last 12 months

Officers resigned
1

last 12 months

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

Year-on-year

FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31

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

Official Companies House page