offshore wind power limited
offshore wind power limited Company Information
Company Number
SC605260
Next Accounts
Dec 2025
Shareholders
lochlann holdco limited
tne holdco 1 limited
View AllGroup Structure
View All
Industry
Construction of utility projects for electricity and telecommunications
Registered Address
clava house, cradlehall business park, inverness, IV2 5GH
Website
www.windpoweroffshore.comoffshore wind power limited Estimated Valuation
Pomanda estimates the enterprise value of OFFSHORE WIND POWER LIMITED at £0 based on a Turnover of £0 and 0.23x industry multiple (adjusted for size and gross margin).
offshore wind power limited Estimated Valuation
Pomanda estimates the enterprise value of OFFSHORE WIND POWER LIMITED at £0 based on an EBITDA of £-293.1k and a 3.44x industry multiple (adjusted for size and gross margin).
offshore wind power limited Estimated Valuation
Pomanda estimates the enterprise value of OFFSHORE WIND POWER LIMITED at £0 based on Net Assets of £-1.2m and 2x industry multiple (adjusted for liquidity).
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Offshore Wind Power Limited Overview
Offshore Wind Power Limited is a live company located in inverness, IV2 5GH with a Companies House number of SC605260. It operates in the construction of utility projects for electricity and telecommunications sector, SIC Code 42220. Founded in August 2018, it's largest shareholder is lochlann holdco limited with a 46.8% stake. Offshore Wind Power Limited is a young, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.
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Offshore Wind Power Limited Health Check
Pomanda's financial health check has awarded Offshore Wind Power Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 3 areas for improvement. Company Health Check FAQs
0 Strong
1 Regular
3 Weak
Size
There is insufficient data available for this Key Performance Indicator!
- - Offshore Wind Power Limited
- - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Offshore Wind Power Limited
- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
- - Offshore Wind Power Limited
- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - Offshore Wind Power Limited
- - Industry AVG
Employees
with 1 employees, this is below the industry average (11)
- Offshore Wind Power Limited
- - Industry AVG
Pay Structure
on an average salary of £53.8k, the company has an equivalent pay structure (£53.8k)
- Offshore Wind Power Limited
- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
- Offshore Wind Power Limited
- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Offshore Wind Power Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Offshore Wind Power Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Offshore Wind Power Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (17 weeks)
- - Offshore Wind Power Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 100.8%, this is a higher level of debt than the average (80.6%)
- - Offshore Wind Power Limited
- - Industry AVG
OFFSHORE WIND POWER LIMITED financials
Offshore Wind Power Limited's latest turnover from March 2024 is 0 and the company has net assets of -£1.2 million. According to their latest financial statements, we estimate that Offshore Wind Power Limited has 1 employee and maintains cash reserves of £3.7 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Aug 2019 | |
|---|---|---|---|---|---|---|
| Turnover | ||||||
| Other Income Or Grants | ||||||
| Cost Of Sales | ||||||
| Gross Profit | ||||||
| Admin Expenses | ||||||
| Operating Profit | -365,087 | -430,598 | ||||
| Interest Payable | 19,893 | 16,408 | ||||
| Interest Receivable | ||||||
| Pre-Tax Profit | -384,980 | -447,006 | -221,519 | -121,358 | ||
| Tax | ||||||
| Profit After Tax | -384,980 | -447,006 | -221,519 | -121,358 | ||
| Dividends Paid | ||||||
| Retained Profit | -384,980 | -447,006 | -221,519 | -121,358 | ||
| Employee Costs | ||||||
| Number Of Employees | ||||||
| EBITDA* | -293,058 | -382,672 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Aug 2019 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 27,833 | 32,120 | ||||
| Intangible Assets | 148,379,784 | 105,819,652 | 6,675,200 | 2,771,015 | ||
| Investments & Other | ||||||
| Debtors (Due After 1 year) | ||||||
| Total Fixed Assets | 148,407,617 | 105,851,772 | 6,675,200 | 2,771,015 | ||
| Stock & work in progress | ||||||
| Trade Debtors | ||||||
| Group Debtors | ||||||
| Misc Debtors | 890,629 | 327,593 | 69,266 | 150,357 | 398,923 | 365,614 |
| Cash | 3,728,119 | 19,371,529 | 65,867,798 | 1,131,760 | 45,784 | 293 |
| misc current assets | ||||||
| total current assets | 4,618,748 | 19,699,122 | 65,937,064 | 1,282,117 | 444,707 | 365,907 |
| total assets | 153,026,365 | 125,550,894 | 72,612,264 | 4,053,132 | 444,707 | 365,907 |
| Bank overdraft | ||||||
| Bank loan | ||||||
| Trade Creditors | 4,232,659 | 912,258 | 191,462 | 338,469 | 16,418 | 1,386 |
| Group/Directors Accounts | 725 | |||||
| other short term finances | 145,755,284 | 114,211,824 | 71,573,938 | 3,697,681 | ||
| hp & lease commitments | 57,957 | 51,747 | ||||
| other current liabilities | 4,078,142 | 11,029,805 | 1,200,790 | 149,689 | 15,765 | 3,725 |
| total current liabilities | 154,124,042 | 126,205,634 | 72,966,190 | 4,185,839 | 32,908 | 5,111 |
| loans | 176,470 | 292,384 | 423,233 | 365,383 | ||
| hp & lease commitments | 88,235 | 146,192 | ||||
| Accruals and Deferred Income | ||||||
| other liabilities | ||||||
| provisions | ||||||
| total long term liabilities | 88,235 | 146,192 | 423,233 | 365,383 | ||
| total liabilities | 154,212,277 | 126,351,826 | 72,966,190 | 4,185,839 | 456,141 | 370,494 |
| net assets | -1,185,912 | -800,932 | -353,926 | -132,707 | -11,434 | -4,587 |
| total shareholders funds | -1,185,912 | -800,932 | -353,926 | -132,707 | -11,434 | -4,587 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Aug 2019 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | -365,087 | -430,598 | ||||
| Depreciation | 72,029 | 47,926 | ||||
| Amortisation | ||||||
| Tax | ||||||
| Stock | ||||||
| Debtors | 563,036 | 258,327 | -81,091 | -248,566 | 33,309 | 365,614 |
| Creditors | 3,320,401 | 720,796 | -147,007 | 322,051 | 15,032 | 1,386 |
| Accruals and Deferred Income | -6,951,663 | 9,829,015 | 1,051,101 | 133,924 | 12,040 | 3,725 |
| Deferred Taxes & Provisions | ||||||
| Cash flow from operations | -4,487,356 | 9,908,812 | ||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | ||||||
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | ||||||
| Group/Directors Accounts | -725 | 725 | ||||
| Other Short Term Loans | 31,543,460 | 42,637,886 | 67,876,257 | 3,697,681 | ||
| Long term loans | -115,914 | 292,384 | -423,233 | 57,850 | 365,383 | |
| Hire Purchase and Lease Commitments | -51,747 | 197,939 | ||||
| other long term liabilities | ||||||
| share issue | ||||||
| interest | -19,893 | -16,408 | ||||
| cash flow from financing | 31,355,906 | 43,111,801 | 67,876,557 | 3,273,808 | ||
| cash and cash equivalents | ||||||
| cash | -15,643,410 | -46,496,269 | 64,736,038 | 1,085,976 | 45,491 | 293 |
| overdraft | ||||||
| change in cash | -15,643,410 | -46,496,269 | 64,736,038 | 1,085,976 | 45,491 | 293 |
offshore wind power limited Credit Report and Business Information
Offshore Wind Power Limited Competitor Analysis
Perform a competitor analysis for offshore wind power limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other young companies, companies in IV2 area or any other competitors across 12 key performance metrics.
offshore wind power limited Ownership
OFFSHORE WIND POWER LIMITED group structure
Offshore Wind Power Limited has no subsidiary companies.
Ultimate parent company
MACQUARIE GROUP LTD
#0060893
2 parents
OFFSHORE WIND POWER LIMITED
SC605260
offshore wind power limited directors
Offshore Wind Power Limited currently has 13 directors. The longest serving directors include Mr Michael Hay (Aug 2018) and Mr Adam Nancarrow (May 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Hay | Scotland | 47 years | Aug 2018 | - | Director |
| Mr Adam Nancarrow | United Kingdom | 49 years | May 2020 | - | Director |
| Mr Mark Giulianotti | England | 55 years | May 2020 | - | Director |
| Mr Ole Nielsen | England | 60 years | Dec 2020 | - | Director |
| Mr Olivier Terneaud | France | 46 years | Dec 2020 | - | Director |
| Mr Philippe De Cacqueray Valmenier | France | 51 years | Apr 2021 | - | Director |
| Mr Phillipe De Cacqueray Valmenier | United Kingdom | 51 years | Apr 2021 | - | Director |
| Mr Michael Sandager | Scotland | 63 years | Feb 2022 | - | Director |
| Mr Michael Scott | Scotland | 62 years | Aug 2024 | - | Director |
| Mr Laurent Parra | United Kingdom | 57 years | Sep 2024 | - | Director |
P&L
March 2024turnover
0
0%
operating profit
-365.1k
-15%
gross margin
0%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-1.2m
+0.48%
total assets
153m
+0.22%
cash
3.7m
-0.81%
net assets
Total assets minus all liabilities
offshore wind power limited company details
company number
SC605260
Type
Private limited with Share Capital
industry
42220 - Construction of utility projects for electricity and telecommunications
incorporation date
August 2018
age
7
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
address
clava house, cradlehall business park, inverness, IV2 5GH
Bank
-
Legal Advisor
-
offshore wind power limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to offshore wind power limited.
offshore wind power limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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offshore wind power limited Companies House Filings - See Documents
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