STATKRAFT HYDROGEN UK HOLDING 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 101

Reporting scope

Standalone (parent only)

Auditor

James Cadzow for PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Company is in a net asset position of £2,401,000 (2023: £4,474,000) and continues to meet day-to-day liquidity needs through the support of the immediate parent company, Statkraft Hydrogen Holding AS and the intermediate parent company, Statkraft AS. The Directors have reviewed forecasts and projections which cover a period of at least 12 months from the date of the approval of the financial statements, taking into account foreseeable changes in investment and performance, which shows that the Company has sufficient financial resources in the immediate and intermediate parent company to continue in operation for at least the next 12 months from the date of approval of this financial statement. The Directors also reviewed the relationship with its parent entity and the financial capability of the parent entity (who have undertaken to provide financial support to the Company to enable it to operate as a going concern and to discharge its obligations as and when they fall due). Accordingly, they continue to adopt the going concern basis in preparing the financial statements.”

Group structure

1. STATKRAFT HYDROGEN UK HOLDING LIMITED · parent
   1. Grenian Hydrogen Limited 33.33% · UK · Hydrogen development projects

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

Filings

3

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

  —

  Not reported

• Cash

  —

  Not reported

• Net assets

  -46.3%

  £4,474,000 → £2,401,000

• Employees

  —

  Not reported

• Operating profit

  -139.1%

  -£2,425,000 → -£5,797,000

• Profit before tax

  -139.8%

  -£2,380,000 → -£5,707,000

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