WHITETOWER ENERGY LIMITED
Formerly known as Rolls-Royce Power Development Limited, the company operates as an independent electricity generator under the ownership of Whitetower Holdings UK Limited.
Get an alert when WHITETOWER ENERGY LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£2m
-55.6% lowest in 3 filed years
Net assets
-£2.1m
-145.7% lowest in 3 filed years
Employees
1
0% vs 2024
Profit before tax
-£8.7m
-76.7% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Negative shareholders' funds
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 | £63,240,000 | £12,793,000 | £15,227,000 | +19% | |
| Operating profit | -£12,110,000 | -£5,206,000 | -£8,579,000 | -64.8% | |
| Profit before tax | -£12,168,000 | -£4,925,000 | -£8,701,000 | -76.7% | |
| Net profit | -£10,316,000 | -£3,710,000 | -£6,579,000 | -77.3% | |
| Cash | £2,385,000 | £4,389,000 | £1,950,000 | -55.6% | |
| Total assets less current liabilities | £7,579,000 | £6,028,000 | £1,222,000 | -79.7% | |
| Net assets | £6,433,000 | £4,516,000 | -£2,063,000 | -145.7% | |
| Equity | £6,433,000 | £4,516,000 | -£2,063,000 | -145.7% | |
| Average employees | 1 | 1 | 1 | 0% | |
| Wages | £130,000 | £127,000 | £145,000 | +14.2% | |
| Directors' remuneration | £179,000 | £197,000 | £219,000 | +11.2% |
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 | -19.1% | -40.7% | -56.3% | |
| Net margin | -16.3% | -29.0% | -43.2% | |
| Return on capital employed | -159.8% | -86.4% | -702.0% | |
| Gearing (liabilities / total assets) | 77.8% | 85.3% | 106.7% | |
| Current ratio | 0.53x | 0.47x | 0.42x | |
| Interest cover | -33.64x | -45.27x | -49.30x |
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.
Name history
Renamed 1 time since incorporation
- WHITETOWER ENERGY LIMITED 2019-04-16 → present
- ROLLS-ROYCE POWER DEVELOPMENT LIMITED 1997-12-08 → 2019-04-16
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 consider that the Company will have sufficient financial resources to meet its obligations for the foreseeable future, for at least 12 months from approval date. Rockland Power Partners III LP (ultimate parent) confirmed it will make necessary funds available. Financial statements prepared on a going concern basis.”
Significant events
- “Subsequent to 31 December 2025, the Company issued 1,761,961 ordinary shares at £1 each to the immediate parent company Whitetower Holdings UK Limited. The shares were allotted in June and July 2026.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 21 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| STRUTT, Michael Andrew | Secretary | 2024-06-21 | — | — |
| BEACH, Jonathan | Director | 2019-04-15 | Sep 1979 | American |
| HARLAN, William Scott | Director | 2019-06-03 | Mar 1962 | American |
| RAMIREZ, Ernesto Alonzo | Director | 2019-06-03 | Nov 1974 | American |
| STRUTT, Michael Andrew | Director | 2019-06-03 | Nov 1962 | British |
Show 21 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ALFLATT, Mark | Secretary | 2004-04-01 | 2005-01-05 |
| BLACK, Alan Gordon | Secretary | 2007-10-26 | 2007-12-31 |
| BROOK, Martin Anthony | Secretary | 2002-02-07 | 2004-04-01 |
| DOHERTY, Christopher | Secretary | 1997-12-08 | 2002-02-07 |
| GOMA, Delrose Joy | Secretary | 2007-10-10 | 2015-08-31 |
| PANTON, Iain Michael | Secretary | 2005-01-05 | 2007-10-10 |
| KEY LEGAL SERVICES (SECRETARIAL) LIMITED | Corporate Nominee Secretary | 1997-12-08 | 1997-12-08 |
| VISTRA COSEC LIMITED | Corporate Secretary | 2019-04-22 | 2024-06-21 |
| CAREY, Paul Michael | Director | 1997-12-08 | 2003-01-29 |
| CHEATHAM, John Bishop | Director | 2002-02-06 | 2007-12-31 |
| EDWARDS, David Philip | Director | 2019-06-03 | 2020-03-11 |
| HANDY, Christopher Peter | Director | 2010-01-01 | 2014-06-23 |
| HOPKINSON, Gareth James | Director | 2019-02-28 | 2019-04-15 |
| KELLY, William R | Director | 1997-12-08 | 2002-02-06 |
| MACKENZIE, Alistair David Katsuhiko | Director | 2014-06-23 | 2019-02-28 |
| MENCEL, Mark Michael | Director | 2003-01-29 | 2004-12-23 |
| ROBERTS, Steven Peter | Director | 2019-02-28 | 2019-04-15 |
| SMITH, Kevin Benjamin | Director | 1997-12-08 | 1998-06-19 |
| STEVENSON, Robert John | Director | 2004-12-15 | 2013-01-29 |
| WESTLAKE, Jeremy William | Director | 2007-12-13 | 2010-01-01 |
| KEY LEGAL SERVICES (NOMINEES) LIMITED | Corporate Nominee Director | 1997-12-08 | 1997-12-08 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Whitetower Holdings Uk Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2019-07-06 | Active |
| Rolls-Royce Plc | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2019-07-06 |
Filing timeline
Last 20 of 143 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-29 | AA | accounts | Accounts with accounts type full | |
| 2025-11-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-24 | AA | accounts | Accounts with accounts type full | |
| 2024-11-04 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-08-28 | SH01 | capital | Capital allotment shares | |
| 2024-07-26 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-07-16 | AA | accounts | Accounts with accounts type full | |
| 2024-06-21 | AP03 | officers | Appoint person secretary company with name date | |
| 2024-06-21 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-06-21 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-11-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-12 | AA | accounts | Accounts with accounts type full | |
| 2022-12-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-05 | AA | accounts | Accounts with accounts type full | |
| 2021-11-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-09-10 | AA | accounts | Accounts with accounts type full | |
| 2020-12-16 | AA | accounts | Accounts with accounts type full | |
| 2020-11-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-03-12 | TM01 | officers | Termination director company with name termination date | |
| 2020-01-03 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 1
- Officers appointed
- 0
- Officers resigned
- 0
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.