SPL POWERLINES UK LIMITED

1. SPL POWERLINES UK LIMITED 2012-11-01 → present
2. BORDER RAIL & PLANT LIMITED 2000-03-01 → 2012-11-01
3. CALTONIA LIMITED 1999-12-16 → 2000-03-01

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

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have at the time of approving the financial statements, a reasonable expectation that the company has adequate resources to continue in operational existence for the period to 30 April 2026. Thus, they continue to adopt the going concern basis of accounting in preparing the financial statements.”

Significant events

• “SPL Powerlines UK is looking back at one of its best financial years in its existence. Whilst the construction work at the Midland Mainline Electrification project continued successfully, SPL Powerlines UK continued to deliver on the Scottish East Kilbride project”
• “the company started to work on the new electrification project FIFE whilst the Rolling Programme of Electrification, this includes the installation and commissioning of 5 new feeder stations in the central belt of Scotland, continued successfully.”
• “the company continued with the strategic aim to establish an organisation capable of delivering large projects for Network Rail and also for multidisciplinary construction partners in the railway industry.”
• “To diversify the business, the company works on a strategy to enter new regions (e.g. Ireland) and break into the Energy market to secure jobs and maintain/increase profitability.”

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

Filings

1

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

  -9.8%

  £168,542,516 → £152,016,759

• Cash

  -45%

  £36,814,873 → £20,254,982

• Net assets

  -27.4%

  £14,444,017 → £10,492,222

• Employees

  +5.3%

  302 → 318

• Operating profit

  -7.5%

  £6,452,522 → £5,969,483

• Profit before tax

  -0.6%

  £7,475,781 → £7,428,623

• Wages

  +9.1%

  £18,761,960 → £20,470,056

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