SALTEND COGENERATION COMPANY LIMITED
Operating as part of the Triton Power group, the company runs the Saltend Power Station in Hull to generate electricity.
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Cash
£11m
-84.9% lowest in 3 filed years
Net assets
£155m
-7.9% lowest in 3 filed years
Employees
—
Average over period
Profit before tax
£14m
+115.4% first positive since 2024
Net assets
3-year trend · vs Utilities median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £1,421,577,000 | £377,692,000 | £388,197,000 | +2.8% | |
| Operating profit | £285,115,000 | -£97,861,000 | -£19,731,000 | +79.8% | |
| Profit before tax | £59,403,000 | -£94,199,000 | £14,483,000 | +115.4% | |
| Net profit | £44,861,000 | -£71,342,000 | £11,337,000 | +115.9% | |
| Cash | £116,759,000 | £73,682,000 | £11,109,000 | -84.9% | |
| Total assets less current liabilities | £256,838,000 | £227,269,000 | £199,844,000 | -12.1% | |
| Net assets | £239,881,000 | £168,539,000 | £155,239,000 | -7.9% | |
| Equity | £239,881,000 | £168,539,000 | £155,239,000 | -7.9% | |
| Average employees | 0 | 0 | — | — | |
| Wages | — | — | — | — | |
| Directors' remuneration | £0 | £0 | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 20.1% | -25.9% | -5.1% | |
| Net margin | 3.2% | -18.9% | 2.9% | |
| Return on capital employed | 111.0% | -43.1% | -9.9% | |
| Gearing (liabilities / total assets) | — | 42.1% | 30.9% | |
| Current ratio | 2.76x | 2.76x | 3.35x | |
| Interest cover | — | — | -48.12x |
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
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- RSM UK Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have considered the going concern basis and concluded that it is appropriate to continue to adopt the going concern basis in preparing the Annual Report and financial statements. In performing this assessment the Directors have reviewed the Company's cash flow forecasts for the next 12 months from the date of the approval of the financial statements and they have a reasonable expectation that the Company has sufficient resources to continue in operational existence for the foreseeable future.”
Significant events
- “At the time of preparing these accounts, the UK along with the rest of the world has been impacted by the conflict in the middle east which has resulted in rising energy prices across the world, ultimately causing volatility in the earning capacity of many businesses.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 68 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CROSS, Robert James | Director | 2022-09-01 | Aug 1976 | British |
| HAYWARD, Mark Richard | Director | 2022-09-01 | Nov 1963 | British |
| MACKAY, Mandy | Director | 2025-06-30 | Jan 1976 | British |
| MCCUTCHEON, Finlay Alexander | Director | 2025-02-01 | Nov 1977 | British |
| STENSEN, Hans Tore | Director | 2026-01-01 | Jan 1976 | Norwegian |
| SVEGARDEN, Ingunn | Director | 2026-01-01 | Jul 1978 | Norwegian |
Show 68 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BERGER, Hillary Sue | Secretary | 2011-01-31 | 2016-01-01 |
| CUMMING, Robert Cameron | Secretary | 1996-11-01 | 1997-12-14 |
| GALLANT, Jillian Elizabeth | Secretary | 1999-05-18 | 2000-12-06 |
| GOODY, Alycia Lyons | Secretary | 2002-08-14 | 2005-07-28 |
| GREGORY, Sarah Jane | Secretary | 2016-01-01 | 2017-10-31 |
| MCNEILL, Ian Kerr | Secretary | 1997-12-14 | 1999-05-18 |
| MOULT, Annabel | Secretary | 2000-12-06 | 2001-08-24 |
| PRESCOTT, Hilary | Secretary | 2001-08-24 | 2002-02-24 |
| RAMSAY, Andrew Stephen James, Mr. | Secretary | 2005-07-28 | 2011-02-03 |
| SIMPSON, Roger Derek | Secretary | 2011-02-03 | 2014-06-23 |
| ABOGADO NOMINEES LIMITED | Corporate Secretary | 2001-08-24 | 2003-10-17 |
| ALCOCK, David George | Director | 2012-01-31 | 2017-10-31 |
| ALFF, Robert K | Director | 2002-06-12 | 2002-11-08 |
| BODENSTEINER, Lisa Marie | Director | 2003-09-25 | 2005-07-28 |
| BOWDEN, Alan Murray | Director | 1997-01-20 | 1999-05-18 |
| BOWLAS, Christopher John | Director | 2005-05-21 | 2005-07-28 |
| BOWLAS, Christopher John | Director | 2004-05-13 | 2005-01-21 |
| BRONWIN, Hannah Zoe | Director | 2022-09-01 | 2025-01-31 |
| BROOS, Wim | Director | 2016-04-13 | 2017-10-31 |
| BROWN III, Charles Jackson | Director | 1997-12-14 | 1999-05-18 |
| CARTWRIGHT, Peter | Director | 2005-05-21 | 2005-07-28 |
| CHILDERS, Michael Phillip | Director | 2000-09-18 | 2001-08-24 |
| COLEMAN, Nicholas Charles | Director | 1997-01-20 | 1997-12-14 |
| CUMMING, Robert Cameron | Director | 1996-11-01 | 1997-01-20 |
| CURTIS, Ann B | Director | 2005-05-21 | 2005-07-28 |
| CUSHMAN, Robert John | Director | 2001-03-27 | 2001-08-24 |
| CUSHMAN, Robert John | Director | 1997-12-14 | 1999-03-16 |
| DYER, Cynthia | Director | 1999-10-12 | 2000-12-06 |
| EVANS, Paul William | Director | 2012-01-31 | 2016-04-13 |
| FARR, Michael Ellis | Director | 2017-10-31 | 2022-09-01 |
| FATEMI, Hamid | Director | 2000-04-08 | 2001-08-24 |
| GOODY, Alycia Lyons | Director | 2002-08-13 | 2005-01-21 |
| GRAY, Ann Miriam Georgina | Director | 2022-09-01 | 2025-06-30 |
| GRIFFITHS, Gareth Neil | Director | 2006-01-11 | 2012-07-31 |
| HAVILAND, Rick | Director | 2001-08-24 | 2002-06-30 |
| HOLLAND, Russell | Director | 2017-10-31 | 2022-09-01 |
| HOVDEN, Magne Andre | Director | 2023-10-01 | 2026-01-01 |
| HUDSON, Robert Thomson | Director | 1997-12-14 | 1999-05-18 |
| JAMES, William Gareth | Director | 2005-05-21 | 2005-05-21 |
| JAMES, William Gareth | Director | 2002-06-12 | 2005-01-21 |
| JOHANNESSEN, Ornulf | Director | 2022-09-01 | 2026-01-01 |
| KEEN, Scott Jonathan | Director | 2018-03-21 | 2022-09-01 |
| KING, John | Director | 2003-01-03 | 2005-01-21 |
| KOGA, Hiroyuki | Director | 2011-05-23 | 2014-07-04 |
| LORIO, Stephen Abel | Director | 2000-12-06 | 2001-03-27 |
| MACALPINE, Derek Kenneth | Director | 1999-05-18 | 2002-06-12 |
| MOORE, Robert Joseph | Director | 1999-05-18 | 2001-08-24 |
| NEELY, Sean Alexander | Director | 2005-07-28 | 2007-08-08 |
| NUGENT, Frederick Francis | Director | 1999-10-12 | 2001-08-24 |
| NUGENT, Frederick Francis | Director | 1997-12-14 | 1997-12-14 |
| OKANIWA, Ro | Director | 2014-07-04 | 2017-10-31 |
| PINNELL, Simon David | Director | 2007-08-08 | 2017-10-31 |
| PREECE, Nigel Philip | Director | 1997-01-20 | 1997-11-17 |
| PRESCOTT, Hilary | Director | 2001-08-24 | 2002-02-24 |
| QUINN, Anne Cecille | Director | 1997-01-20 | 1997-12-14 |
| REGAN JR, William Joseph | Director | 1997-12-11 | 1999-10-12 |
| RILEY, Stephen, Dr | Director | 2007-08-08 | 2008-02-28 |
| ROBERTS, Geoffrey | Director | 1999-10-12 | 2000-08-21 |
| ROSS, Stanley A | Director | 2001-03-27 | 2001-08-24 |
| RUSHBY, Ian Leslie | Director | 1997-01-20 | 1997-12-14 |
| STAGEMAN, Mark Edward | Director | 2002-06-12 | 2004-05-13 |
| STEWART, John Bruce | Director | 1999-10-12 | 2001-08-24 |
| STONER, David Alan | Director | 1998-01-14 | 2000-04-08 |
| STORLI, Svein Harald | Director | 2022-09-01 | 2023-10-01 |
| TAKAHASHI, Toru | Director | 2007-09-20 | 2011-05-23 |
| THOMPSON, Michael Greenwood | Director | 1997-12-14 | 1998-04-01 |
| UMEZU, Takashi | Director | 2005-07-28 | 2007-09-20 |
| WESTON, Steven | Director | 1996-11-01 | 1997-01-20 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Sccl Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2018-10-12 | Active |
| Triton Power Limtied | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors, Significant influence (as firm) | 2017-10-31 | Ceased 2017-10-31 |
| Ipm Holdings (Uk) Limited | Corporate entity | Shares 75–100% | 2017-06-27 | Ceased 2017-10-31 |
| Normantrail (Uk Co 3) Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2017-06-27 |
Filing timeline
Last 20 of 324 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-16 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2026-07-16 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2026-07-02 | AA | accounts | Accounts with accounts type full | |
| 2026-05-05 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-03-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-02-24 | TM01 | officers | Termination director company with name termination date | |
| 2026-02-21 | AP01 | officers | Appoint person director company with name date | |
| 2026-02-19 | AP01 | officers | Appoint person director company with name date | |
| 2026-02-19 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-21 | AA | accounts | Accounts with accounts type full | |
| 2025-07-08 | AP01 | officers | Appoint person director company with name date | |
| 2025-07-08 | TM01 | officers | Termination director company with name termination date | |
| 2025-02-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-02-21 | AP01 | officers | Appoint person director company with name date | |
| 2025-02-13 | TM01 | officers | Termination director company with name termination date | |
| 2024-06-23 | AA | accounts | Accounts with accounts type full | |
| 2024-03-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-02 | AP01 | officers | Appoint person director company with name date | |
| 2023-10-02 | TM01 | officers | Termination director company with name termination date | |
| 2023-05-23 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 9
- Capital events
- 0
- Officers appointed
- 2
- Officers resigned
- 2
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.