UK Companies House feature
BALMEANACH WIND FARM LIMITED
Cash
£24K
+24,267% vs 2020
Net assets
—
Equity attributable
Employees
0
Average over period
Profit before tax
-£245K
-16,536% vs 2020
Profile
- Company number
- SC671620
- Status
- Active
- Incorporation
- 2020-08-20
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 35110
- Hubs
- UK Energy & Climate
Profit before tax
3-year trend · vs UK Energy & Climate median
Accounts
3-year trend · latest 2021-12-31
| Metric | Trend | 2020-08-19 | 2020-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Turnover | — | — | — | |
| Operating profit | — | — | — | |
| Profit before tax | — | -£1,472 | -£244,882 | |
| Net profit | — | — | — | |
| Cash | — | £100 | £24,367 | |
| Total assets less current liabilities | — | — | — | |
| Net assets | — | — | — | |
| Equity | £0 | -£1,372 | -£246,254 | |
| Average employees | — | 0 | 0 | |
| Wages | — | — | — |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- CT Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“As of 31 December 2024, the company's current liabilities exceeded their current assets by £2,730,942 (31 December 2023: £2,985,091). The company's parent, EDP Renewables S.A., committed to provide all the required funding to Balmeanach Wind Farm Limited for the activities relating with the development of the wind farm project. The funding has been agreed to a maximum limit of £7,000,000 of which £3,016,505 was borrowed by the 31st of August 2025. The funding of the company is provided via cash-pooling directly from EDP Renewables UK Limited, with a starting date on the 27th of July 2024 and renewable annually at the anniversary date for 12 months. The directors are confident that the company is able to operate as a going concern and is able to settle its liabilities as they fall due, for a period of at least the next 12 months.”
Significant events
- “By the end of 2023 the company sought to recapitalise its balance sheet in order to be in a more solid financial position. As a result, on the 25th of January 2024 the company completed a recapitalisation operation by converting part of its outstanding shareholder borrowings (debt) into equity. The operation was executed by issuing new share capital, granting the existing shareholder newly issued £1 ordinary shares for each £1 of shareholder debt. The total amount of debt converted into new share capital was in a total of £1,211,823, maintaining the existing shareholder structure of the company.”
- “In July 2024, Balmeanach Wind Farm Limited has entered a cash-pooling arrangement with EDP Renewables UK Limited which acts as the sole lender. This arrangement replaces the previous intra-group borrowing structure explained in the paragraphs above, with the outstanding year-end balance being absorbed into the cash-pooling arrangement.”
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
1 active · 12 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CAMINERO MUÑOZ, Carmen | Director | 2022-10-26 | Mar 1988 | Spanish |
Show 12 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CAMPBELL, Douglas Colin Edward | Secretary | 2024-04-05 | 2024-09-25 |
| JEWSON, Paula Marian | Secretary | 2020-08-20 | 2020-12-14 |
| ARAÚJO VINAGRE, Pedro | Director | 2023-02-07 | 2026-04-09 |
| CAMPBELL, Douglas Colin Edward | Director | 2024-04-05 | 2024-09-25 |
| JEWSON, Geraint Keith | Director | 2020-08-20 | 2020-12-14 |
| JEWSON, Paula Marian | Director | 2020-08-20 | 2020-12-14 |
| MELO DE CASTRO BELO, Duarte | Director | 2022-10-26 | 2023-02-07 |
| MÉNDEZ-VILLAAMIL MENÉNDEZ, Marta | Director | 2020-12-14 | 2023-02-07 |
| PENA-RICH ÁLVAREZ-NOVOA, Pablo | Director | 2020-12-14 | 2022-10-25 |
| RODRÍGUEZ PRADO, Damián Oscar | Director | 2020-12-14 | 2022-10-25 |
| SALIAGOPOULOS, George Richmond | Director | 2024-09-30 | 2024-12-03 |
| SMITH, Sarah Louise | Director | 2020-08-20 | 2020-12-14 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Edp Renováveis, S.A | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2020-12-14 | Active |
| Wind 2 Holdings Llp | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2020-08-20 | Ceased 2020-12-14 |
Filing timeline
Last 20 of 48 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-04-24 | TM01 | officers | termination director company with name termination date |
| 2025-10-09 | AA | accounts | accounts with accounts type full |
| 2025-08-28 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-04-22 | AUD | auditors | auditors resignation company |
| 2024-12-12 | AA | accounts | accounts with accounts type small |
| 2024-12-03 | TM01 | officers | termination director company with name termination date |
| 2024-10-01 | AP01 | officers | appoint person director company with name date |
| 2024-09-26 | TM01 | officers | termination director company with name termination date |
| 2024-09-26 | TM02 | officers | termination secretary company with name termination date |
| 2024-09-02 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-07-25 | AD01 | address | change registered office address company with date old address new address |
| 2024-07-25 | AD01 | address | change registered office address company with date old address new address |
| 2024-04-12 | AP01 | officers | appoint person director company with name date |
| 2024-04-12 | AP03 | officers | appoint person secretary company with name date |
| 2024-04-11 | MA | incorporation | memorandum articles |
| 2024-04-11 | RESOLUTIONS | resolution | resolution |
| 2024-02-06 | CH01 | officers | change person director company with change date |
| 2024-01-30 | SH01 | capital | capital allotment shares |
| 2023-11-02 | AD01 | address | change registered office address company with date old address new address |
| 2023-10-24 | RP04AP01 | officers | second filing of director appointment with name |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory