UK Companies House feature
MOYLE INTERCONNECTOR (FINANCING) PUBLIC LIMITED COMPANY
Profile
- Company number
- NI045625
- Status
- Active
- Incorporation
- 2003-03-03
- Last accounts made up
- 2025-03-31
- Account category
- GROUP
- Primary SIC
- 35120
- Hubs
- UK Energy & Climate
Accounts
Pending extraction
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- UK-adopted IAS
- Reporting scope
- Consolidated (group)
- Auditor
- Grant Thornton (NI) LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Group is cash generative and is forecast to remain cash positive. The forecast cash generated is adequate to meet the Group's liabilities as they fall due for at least 12 months from the date of approval of the financial statements including the scheduled bond payments, and to comply with financing covenants, including the required Annual Debt Service Cover Ratio. Reserve accounts are fully funded and £10m of liquidity facilities are in place. Accordingly, the Directors consider it appropriate to adopt the going concern basis in the preparation of the financial statements.”
Subsidiaries
- Moyle Interconnector Limited · 100% held · Northern Ireland · Operation of Moyle Interconnector
Significant events
- “Arbitration case in July 2024 following the restriction without compensation by the System Operator for Northern Ireland (SONI) of Moyle's electricity exports from Ireland to Great Britain.”
- “Final determination in December 2024 ruled fully in Moyle's favour, leading to the reversal of a prior year bad debt allowance of £20.2m.”
- “In January 2025, the Greenlink Interconnector between Ireland and GB began commercial operations, expected to reduce revenues from power transfers in coming years.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
3 active · 13 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ARMSTRONG, Emma Jayne | Secretary | 2025-07-01 | — | — |
| LARKIN, Patrick | Director | 2007-01-22 | Oct 1968 | Irish |
| MCILROY, Gerard Myles | Director | 2010-01-01 | Feb 1969 | British |
Show 13 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MCILROY, Gerard | Secretary | 2009-09-26 | 2025-06-30 |
| ARTHUR COX NORTHERN IRELAND | Corporate Secretary | 2003-03-03 | 2009-09-26 |
| CARGO, William James | Director | 2005-04-27 | 2010-01-01 |
| HAUGHEY, Edward, Dr | Director | 2003-04-14 | 2003-07-07 |
| HUSTON, Felicity Victoria | Director | 2003-09-30 | 2010-09-21 |
| LOCKE, Alasdair James Dougall | Director | 2005-04-14 | 2008-12-31 |
| MCATEER, Damian Gerard | Director | 2003-09-30 | 2009-09-29 |
| MCCLURE, Alan David | Director | 2003-04-14 | 2009-09-29 |
| MCCRACKEN, Harold | Director | 2003-03-03 | 2003-04-14 |
| MONTGOMERY, David | Director | 2003-07-07 | 2008-03-31 |
| O'DONNELL BOURKE, Patrick Francis John | Director | 2003-03-25 | 2003-04-14 |
| RAINEY, Alan | Director | 2003-03-03 | 2007-06-21 |
| SHEERAN, Nuala | Director | 2005-10-12 | 2007-08-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Moyle Holdings No.2 Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2023-09-06 | Active |
| Moyle Holdings Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Ceased 2023-09-06 |
| Mr Patrick Larkin | Individual | Voting 25–50% | 2016-04-06 | Active |
| Mr Gerard Myles Mcilroy | Individual | Voting 25–50% | 2016-04-06 | Active |
Filing timeline
Last 20 of 101 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-03-05 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-09-17 | AA | accounts | accounts with accounts type group |
| 2025-07-01 | AP03 | officers | appoint person secretary company with name date |
| 2025-07-01 | TM02 | officers | termination secretary company with name termination date |
| 2025-03-03 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-10-02 | AA | accounts | accounts with accounts type group |
| 2024-03-12 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-03-12 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2023-09-25 | PSC02 | persons-with-significant-control | notification of a person with significant control |
| 2023-09-15 | SH01 | capital | capital allotment shares |
| 2023-09-15 | MA | incorporation | memorandum articles |
| 2023-09-15 | RESOLUTIONS | resolution | resolution |
| 2023-09-15 | SH10 | capital | capital variation of rights attached to shares |
| 2023-09-15 | SH08 | capital | capital name of class of shares |
| 2023-09-14 | AA | accounts | accounts with accounts type group |
| 2023-03-09 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2022-10-14 | AUD | auditors | auditors resignation company |
| 2022-09-28 | AA | accounts | accounts with accounts type group |
| 2022-03-16 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2021-09-21 | AA | accounts | accounts with accounts type group |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Composite activity score · components 0–100 · reference 2026-05-09
33.3
COLD
/ 100
- Filings velocity 33
- Capital events 0
- Officer churn 50
- Headcount trajectory 50
- Accounts trajectory 50
- 4 filing(s) in last 12 months
- 1 appointed, 1 resigned (12mo)