VALENCIA ENERGY 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

Reporting scope

Standalone (parent only)

Auditor

Flint & Thompson

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Significant events

• “Valencia Energy generated 362.4GWh (2024 359.3 GWh) of renewable electricity, slightly up on the previous year, beating the expected industry decline rate of 5-7%.”
• “Agreed an innovative PPA with a third party to secure a route to market and bring additional value to the business.”
• “Valencia Energy continued to deploy optimisation projects, including enhancements in gas collection efficiency through temporary infrastructure, improvements in gas cleanup both technically and commercially.”
• “Energy efficiency optimisation is partially complete and on plan, focused on the replacement of oversized gas plants which, in some cases will reduce energy consumption on sites by 90%.”
• “Further procurement of a significant number of new generating assets in various capacities, new more fuel-efficient vehicles have all been delivered in this financial year and will continue into the next.”
• “Looking ahead, Valencia Energy is poised for exciting and ambitious growth in the coming year, leveraging its core competencies and robust infrastructure to provide PPA's and energy supply to co-located business Era4.”
• “Applications for over 3GW of import capacity, and 50MW of Solar have progressed through NESO's Gated process and received Stage 2, phase 2 status. A further 190 MW of new renewable energy projects are to be submitted.”

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

0

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

  +5.2%

  £54,526,000 → £57,385,000

• Cash

  +192.7%

  £1,963,000 → £5,746,000

• Net assets

  —

  Not reported

• Employees

  -50%

  2 → 1

• Operating profit

  +79.9%

  £3,781,000 → £6,802,000

• Profit before tax

  +66.8%

  £4,063,000 → £6,778,000

• Wages

  +23%

  £122,000 → £150,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers