NADARA LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-05-14
Overdue
Watchouts
Cash
£273M
Latest balance sheet
Net assets
£858M
Equity attributable
Employees
—
Average over period
Profit before tax
-£71M
Period ending 2024-12-31
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Confirmation statement overdue
Due 2026-05-14.
-
4 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Name history
Renamed 3 times since incorporation
- NADARA LIMITED 2024-05-14 → present
- VENTIENT ENERGY SERVICES LIMITED 2017-09-04 → 2024-05-14
- MOBIUS WIND SERVICES LIMITED 2017-05-23 → 2017-09-04
- INFINIS WIND SERVICES LIMITED 2016-09-27 → 2017-05-23
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | — | £1,205,946,602 | |
| Operating profit | — | £248,764,736 | |
| Profit before tax | — | -£71,005,548 | |
| Net profit | — | -£107,519,071 | |
| Cash | — | £272,867,545 | |
| Total assets less current liabilities | — | £6,817,923,890 | |
| Net assets | — | £857,612,691 | |
| Equity | -£6,250,867 | £857,612,691 | |
| Average employees | — | — | |
| Wages | — | £71,709,431 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | — | 20.6% | |
| Net margin | — | -8.9% | |
| Return on capital employed | — | 3.6% | |
| Gearing (liabilities / total assets) | — | 88.6% | |
| Current ratio | — | 0.82x | |
| Interest cover | — | 0.55x |
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.
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Consolidated group
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors confirm that they have a reasonable expectation that the Group has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis of accounting in preparing the financial statements.”
Group structure
- NADARA LIMITED · parent
- Green Wind SA 100%
- Asset Valley Wind Energy Ltd 100%
- Axios Solar SpA 100%
- Nautilus Energy Developments Ltd 100%
- Fermo Eolico Valle della Cupa 100%
Significant events
- “At the end of 2023, a reorganisation process was launched to pursue complex strategic objectives. The project, known as “Project Blue”, aims to create synergies between the former Renantis Group and the former Ventient Energy Group, both held within the portfolio of the same investor.”
- “The corporate reorganisation process was completed on 2 January 2024 and involved a series of steps.”
- “On 26 March 2024, the new name for the combined Renantis Group and Ventient Energy Group was announced: Nadara.”
- “On 9 December 2024, the Group entered into a financing agreement with a pool of banks and institutional investors (the “Refinancing”).”
- “On 16 April 2024, the Group signed a Power Purchase Agreement with REDEN, an independent photovoltaic power producer specialised in the development, construction, and operation of solar power plants across Europe, Central America, and Latin America.”
- “On 1 September 2024, the Finnish plants of Mustalamminmäki (29.5 MW) and Koiramäki (29.5 MW) entered into operation.”
- “On 19 December 2024, Nadara signed an agreement with AptarGroup, Inc. for the procurement of energy from three solar agro-voltaic plants in Sicily: Landolina, Sugherotorto and Sardella.”
- “On 21 November 2024, the Group signed the agreement for the sale of the entire portfolio of Dynamo wind farms located in Germany.”
- “On 7 January 2025, the sale of the entire Dynamo wind farm portfolio located in Germany was completed, for a consideration of Euro 179 million, following the agreement signed on 21 November 2024 with NextWind Windpark Beteiligung 27 GmbH & Co. KG.”
- “On 2 January 2024, Renantis Group was combined with Ventient Group and a corporate reorganisation process was launched to enable the two former groups to join forces and collaborate more effectively. Nadara Limited, previously Ventient Energy Service Ltd, is the new holding entity of the combined Group.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
9 active · 21 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CAMERON, Anna Graham | Secretary | 2023-12-19 | — | — |
| BUCHANAN, Alistair George | Director | 2026-01-01 | Dec 1961 | British |
| DOE, Mawuse Ami | Director | 2025-05-01 | Mar 1990 | British |
| GARCIA-LEGAZ PONCE, Jaime | Director | 2024-01-01 | Jun 1968 | Spanish |
| GRENON, Georgina | Director | 2024-01-01 | Feb 1972 | Italian |
| KRAMER, Olov Mikael | Director | 2024-01-01 | Jun 1953 | Swedish |
| PHILLIPS, Bruce Allan | Director | 2024-01-01 | Aug 1954 | American |
| STAVNSBO, Steen | Director | 2026-01-01 | Feb 1964 | Danish |
| WALTERS, Mark Alan | Director | 2024-01-01 | Jun 1979 | British |
Show 21 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| LONG, Jacqueline | Secretary | 2016-09-27 | 2016-12-08 |
| BURNESS PAULL LLP | Corporate Secretary | 2020-09-25 | 2023-12-18 |
| MORTON FRASER SECRETARIES LIMITED | Corporate Secretary | 2017-04-05 | 2020-09-25 |
| ANDRES, Pablo | Director | 2020-11-01 | 2023-12-31 |
| BELL, Leanne Marie | Director | 2024-01-01 | 2025-12-31 |
| BROWN, Katerina | Director | 2017-05-10 | 2019-07-04 |
| DASSU, Marta | Director | 2024-01-01 | 2025-12-31 |
| GREGSON, Paul Jonathan | Director | 2016-09-27 | 2017-05-10 |
| GRIFFITHS, David Huw | Director | 2017-12-14 | 2021-03-02 |
| GUERIN, Daniel Joseph | Director | 2020-01-01 | 2020-10-31 |
| GUINAND, Carlos | Director | 2024-01-01 | 2026-04-02 |
| HINTON, Thomas Edward | Director | 2016-09-27 | 2017-05-10 |
| JONES, Mark Richard | Director | 2019-01-30 | 2023-03-28 |
| LEE, Andrew William | Director | 2017-12-14 | 2020-01-01 |
| MACHIELS, Eric Philippe Marianne | Director | 2016-09-27 | 2017-05-10 |
| MACKENZIE, Scott Leitch | Director | 2016-12-08 | 2019-01-30 |
| NAGLE, Michael | Director | 2017-05-10 | 2017-12-14 |
| SILVA, Rui Jorge Maia Da | Director | 2021-09-03 | 2024-01-03 |
| SINHA, Sneha | Director | 2024-01-01 | 2025-08-31 |
| WALTERS, Mark Alan | Director | 2017-12-14 | 2020-01-01 |
| ZUYDAM, David Mel | Director | 2019-07-11 | 2020-01-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Ventient Energy Limited | Corporate entity | Voting 75–100%, Appoints directors | 2017-12-21 | Ceased 2024-01-02 |
| Ranelagh Nominees Limited | Corporate entity | Shares 75–100% | 2017-12-21 | Ceased 2023-12-13 |
| Ventient Energy Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2017-05-10 | Ceased 2017-12-21 |
| Mobius Renewables Bidco Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-09-27 | Ceased 2017-05-10 |
Filing timeline
Last 20 of 129 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-23 | TM01 | officers | Termination director company with name termination date | |
| 2026-03-06 | SH01 | capital | Capital allotment shares | |
| 2026-01-26 | AP01 | officers | Appoint person director company with name date | |
| 2026-01-23 | AP01 | officers | Appoint person director company with name date | |
| 2026-01-20 | SH01 | capital | Capital allotment shares | |
| 2026-01-14 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-14 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-16 | SH01 | capital | Capital allotment shares | |
| 2025-11-06 | SH01 | capital | Capital allotment shares | |
| 2025-10-08 | SH01 | capital | Capital allotment shares | |
| 2025-10-07 | AAMD | accounts | Accounts amended with accounts type group | |
| 2025-09-01 | TM01 | officers | Termination director company with name termination date | |
| 2025-08-18 | AA | accounts | Accounts with accounts type group | |
| 2025-08-11 | SH01 | capital | Capital allotment shares | |
| 2025-08-11 | SH01 | capital | Capital allotment shares | |
| 2025-05-16 | AP01 | officers | Appoint person director company with name date | |
| 2025-05-01 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-04-07 | SH01 | capital | Capital allotment shares | |
| 2024-12-20 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-12-19 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 17
- Capital events
- 8
- Officers appointed
- 3
- Officers resigned
- 4
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31