BLUEFLOAT MANAGEMENT UK LIMITED

• ⚠

  Material uncertainty over going concern

  The shareholders of the Company have decided to wind down all offshore wind operations, cease funding to the Company and ultimately dissolve the Company due to the overall economic developments surrounding the industry. As such, the Directors therefore do not consider it to be appropriate to adopt the going concern basis of accounting in preparing the financial statements.

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

PKF Littlejohn LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The shareholders of the Company have decided to wind down all offshore wind operations, cease funding to the Company and ultimately dissolve the Company due to the overall economic developments surrounding the industry. As such, the Directors therefore do not consider it to be appropriate to adopt the going concern basis of accounting in preparing the financial statements.”

Significant events

• “During June 2025, the shareholders of the Company took a strategic decision to exit the offshore wind industry by winding down the Company and its subsidiaries, consequently these financial statements have been prepared on a basis other than going concern.”

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

4

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

  +80.3%

  £4,771,981 → £8,601,774

• Cash

  +48.2%

  £268,011 → £397,142

• Net assets

  -101%

  £5,676,879 → -£55,822

• Employees

  +41.7%

  24 → 34

• Operating profit

  -14.7%

  £393,383 → £335,392

• Profit before tax

  -667.6%

  £393,383 → -£2,232,701

• Wages

  +29.1%

  £2,831,839 → £3,655,906

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