RED ROCK RENEWABLES LIMITED

1. RED ROCK RENEWABLES LIMITED 2024-07-19 → present
2. RED ROCK POWER LIMITED 2016-08-30 → 2024-07-19
3. WIND FARM ENERGY UK LIMITED 2016-03-11 → 2016-08-30
4. REPSOL NUEVAS ENERGIAS UK LIMITED 2011-07-21 → 2016-03-11
5. SEAENERGY RENEWABLES LIMITED 2007-11-19 → 2011-07-21
6. SEAENERGY RESOURCES LIMITED 2005-06-08 → 2007-11-19
7. LEDGE 868 LIMITED 2005-05-16 → 2005-06-08

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

Anderson Anderson & Brown Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“At 31 December 2024, the Company made a profit for the year ended of £18,556,329 (2023: loss of £1,007,526), had net assets of £169,226,299 (2023: £159,769,970) and net current assets of £93,188,742 (2023: £46,453,441). SDIC Power Holdings Co., Ltd. has provided the directors of the Company with a letter confirming that for a period of at least 12 months from the date of approval of these financial statements, it will provide financial support to the Company to allow it to operate in a lawful and proper manner and to satisfy all third-party obligations when they become due while the company remains its wholly-owned subsidiary. The directors have made enquiries and understand that SDIC Power Holdings Co., Ltd. has adequate resources to be able to provide this financial support. On 30 April 2025, Benbrack (100% owned subsidiary) signed a £58.4m facilities agreement for project financing, drawdown of the funds is expected in July 2025. This drawdown, along with the dividends expected from our operational windfarm assets (Beatrice Offshore Windfarm Limited and Afton Wind Farm Limited), will be used to meet our debt obligations. Since the year end the facilities with China Merchants Bank Co. Limited and HSBC UK bank plc have been repaid in full and the facility with Shanghai Pudong Development Bank Co. Ltd has been partially repaid. Furthermore, the Company's banking partners have agreed to roll forward key loan facilities where repayment dates disclosed in Note 16 have fallen due with an additional £32m being secured, indicating there are no going concern issues. The directors have fully considered the risks and uncertainties of the Company's cash flow forecasts and projections. This going concern assessment therefore covers at least 12 months from approval of the Company's financial statements. Based on these enquiries and considerations, the directors continue to adopt the going concern basis in preparing the financial statements.”

Group structure

1. RED ROCK RENEWABLES LIMITED · parent
   1. Beatrice Wind Limited 100% · Scotland · Renewable energy projects
   2. Afton Wind Farm (Holdings) Limited 100% · England · Renewable energy projects
   3. Afton Wind Farm Limited 100% · England · Renewable energy projects
   4. Afton Wind Farm (BMO) Limited 100% · England · Renewable energy projects
   5. Benbrack Wind Farm Limited 100% · Scotland · Renewable energy projects
   6. Aska Windfarm Holdings Limited 51% · Scotland · Renewable energy projects
   7. Beatrice Offshore Windfarm Holdco Limited 25% · Scotland · Renewable energy projects
   8. Beatrice Offshore Windfarm Limited 25% · Scotland · Renewable energy projects
   9. Inch Cape Offshore Holdings Limited 50% · Scotland · Renewable energy projects
   10. Inch Cape Offshore Limited 50% · Scotland · Renewable energy projects
   11. Cloud Wind Farm Holdings AB 25.5% · Sweden · Renewable energy projects
   12. Cloud Midco AB 25.5% · Sweden · Renewable energy projects
   13. Cloud Holdco AB 25.5% · Sweden · Renewable energy projects
   14. Cloud Snurran AB 25.5% · Sweden · Renewable energy projects

Significant events

• “Subsequent events are disclosed in note 24 to these financial statements.”
• “On 17th January 2025, Red Rock Renewables entered into a loan facility with Rongshi International Treasury Management Company Limited for a loan of £450,000,000.”
• “A registration of charge was entered into on the 30th April 2025 between Red Rock Renewables Limited, Benbrack Wind Farm Limited and Lloyds Bank plc. This covered a share charge and subordinated debt.”
• “A registration of charge was entered into on 24th January 2025 between Red Rock Renewables Limited, Inch Cape Offshore Limited and Mizuho Bank Ltd.”

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

Filings

7

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

  -22.1%

  £4,190,982 → £3,262,867

• Cash

  +270.4%

  £7,925,825 → £29,355,217

• Net assets

  +5.9%

  £159,769,970 → £169,226,299

• Employees

  +4.5%

  67 → 70

• Operating profit

  +65.9%

  -£33,012,387 → -£11,252,801

• Profit before tax

  +879.6%

  -£2,289,588 → £17,850,417

• Wages

  +2.8%

  £5,539,812 → £5,696,685

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