SOF-11 DOCKLANDS DC UK BIDCO LIMITED

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 102 §1A

Reporting scope

Standalone (parent only)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

PricewaterhouseCoopers CI LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors acknowledge that the Company is in its transitional phase from development to operation and have considered the ability of the Company to meet its operating expenses, liabilities and commitments as they fall due for at least 12 months from the financial statement approval and issuance date. As at 31 December 2024 the Company has net current liabilities of £138,760,556 (2023: £12,947,521) which is mainly driven by reclassification to current liabilities of external loan facilities which were due to expire in May 2025. The Company has made a loss of £5,367,442 for the year ended 31 December 2024 (2023: £1,697,798) and has £1,345,124 (2023: £843,595) of cash reserves at the end of the year. In June 2025, the Company entered into a £226,720,000 facility, with an initial term of 3 years and interest payable at 2.0% over SONIA (capped at 4.5%), refinancing existing loan facilities in place at the financial year-end. This loan facility secures availability of capital to finalise construction and fully transition to operation during the remainder of 2025, ensures short term working capital requirements can be met and secures the medium to long-term financial stability of the Company. Moreover, ongoing political uncertainty in Eastern Europe and the Middle East continues to cause disruption to the worldwide economy and to affect businesses across all industries. Increased energy costs, associated high inflation, and fluctuating foreign exchange rates have become key risks for many sectors. While noting that the ultimate effects may be difficult to quantify, the directors do not underestimate the current situation and have engaged in an ongoing risk assessment analysis, scenario planning and liquidity forecasting process to understand the impact these factors may have on the Company and its underlying asset. To date, there have been no financial consequences resulting from economic disruption and the Company is considered to not currently be exposed to risks associated with high inflation and energy costs, or foreign currency fluctuations. The directors will continue to monitor the situation.”

Significant events

• “The external debt facility agreement was refinanced in 2025.”
• “In June 2025, the Company entered into a £226,720,000 facility, with an initial term of 3 years and interest payable at 2.0% over SONIA (capped at 4.5%), refinancing existing loan facilities in place at the financial year-end.”

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

Filings

10

last 12 months

Capital events

2

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

  -0.7%

  £11,664,835 → £11,581,076

• Cash

  +59.5%

  £843,595 → £1,345,124

• Net assets

  -20.8%

  £25,748,671 → £20,381,229

• Employees

  0%

  3 → 3

• Operating profit

  +5.7%

  -£2,379,446 → -£2,244,540

• Profit before tax

  -56%

  -£3,494,983 → -£5,451,959

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