OPENERGY LIMITED

1. OPENERGY LIMITED 2021-09-27 → present
2. PINE WALK ABCDE LIMITED 2021-09-20 → 2021-09-27

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis which the directors consider to be appropriate for the following reasons. The directors have prepared cash flow forecasts for a period of 12 months from the date of approval of these financial statements which indicate that, the Company will have sufficient funds to meet its liabilities as they fall due for the foreseeable future. Consequently, the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for at least 12 months from the approval date of these financial statements. Thus, they continue to adopt the Going Concern basis of accounting in preparing the annual financial statements.”

Significant events

• “The Company made a profit after tax for the year ended 31 December 2024 of £5,343,000 (2023: £1,809,000).”
• “During the year, the directors declared interim dividends of £850,000 (2023: £Nil). The directors propose a final dividend of £4,750,000 (2023: £1,575,000).”
• “In March 2024, the Financial Reporting Council (FRC) issued Amendments to FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland and other FRSs - Periodic Review 2024. OPEnergy Limited has early adopted these amendments to FRS 102 in preparing the financial statements with effect from 1 January 2024.”

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

Filings

9

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.