LINDSAYCA DEVELOPMENT LLP

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. LINDSAYCA DEVELOPMENT LLP 2025-08-15 → present
2. LINDSAYCA CH4 DEVELOPMENT LLP 2022-11-30 → 2025-08-15

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

Consolidated group

Auditor

Buzzacott Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The consolidated financial statements have been prepared on a going concern basis, which assumes that the Group will be able to settle its liabilities and realise its assets in the normal course of business for at least 12 months from the date of approval of these financial statements. After evaluating the projected cash flows, payments received, and the progress of contract negotiations, the members have a reasonable expectation that the Group has the necessary resources to continue operating for the foreseeable future. Accordingly, the members consider it appropriate to adopt the going concern basis in the preparation of these financial statements.”

Group structure

1. LINDSAYCA DEVELOPMENT LLP · parent
   1. Lindsayca Guyana Inc 100% · Guyana

Significant events

• “As a subsequent event observed during 2025, the group was awarded by the Dispute Avoidance and Adjudication Board (DAAB) with two initial favourable awards about its claim, as well as an agreement on payment of these awards.”
• “On 31 January 2025, the DAAB issued two awards ordering the Government of Guyana to pay a total amount of US$102,679,839 to Lindsayca CH4 Guyana Inc. During the mediation process on April 1, 2025, an agreement for payment in installments was reached. The Group has successfully collected the first installment payment during 2025.”
• “The LLP changed its name to Lindsayca Development LLP from Lindsayca CH4 Development LLP on 15 August 2025.”

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

Filings

10

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +34.6%

  £153,783,543 → £206,934,025

• Cash

  +188.5%

  £32,914,010 → £94,960,712

• Net assets

  -58.2%

  -£37,538,918 → -£59,369,162

• Employees

  +71%

  31 → 53

• Operating profit

  +44.7%

  -£38,967,383 → -£21,567,828

• Profit before tax

  +41.9%

  -£37,535,953 → -£21,811,712

• Wages

  +329.4%

  £257,228 → £1,104,522

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