Sofia Offshore Wind Farm Limited
Construction of utility projects for electricity and telecommunications · Swindon
ActiveUnited KingdomIncorporated 2011Private Limited Company
Financial position
Accounts to 2025-12-31 · GBP · Company accounts
Net assets
−£25,805,000
Cash
—
Turnover
—
Profit / loss
−£7,325,000
Current assets
£71,539,000
Creditors < 1 year
£2,173,170,000
Equity
−£25,805,000
Average employees
Not available
Balance-sheet trend
GBP · companyFinancial statements
Selected figures from the best-ranked available filing for each period. Missing values remain unknown.
Some figures were read by AI from scanned accounts, so small errors are possible. View the filed accounts
| Reported figures | 2025-12-31Company · AI-read | 2024-12-31Company · AI-read |
|---|---|---|
| Balance sheet | ||
| Net assets | −£25,805,000 | −£58,702,000 |
| Equity | −£25,805,000 | −£58,702,000 |
| Retained earnings | −£23,513,000 | −£16,188,000 |
| Assets | ||
| Fixed assets | £3,312,183,000 | £2,190,882,000 |
| Intangible assets | £63,371,000 | £63,371,000 |
| Property, plant & equipment | £3,241,808,000 | £2,103,998,000 |
| Current assets | £71,539,000 | £57,644,000 |
| Debtors | £71,539,000 | £57,644,000 |
| Liabilities | ||
| Creditors within one year | £2,173,170,000 | £298,798,000 |
| Creditors after one year | £1,071,966,000 | £1,937,736,000 |
| Capital commitments | £331,679,000 | £1,114,337,000 |
| Net current assets | −£2,101,631,000 | −£241,154,000 |
| Assets less current liabilities | £1,210,552,000 | £1,949,728,000 |
| Profit & loss | ||
| Cost of sales | £3,935,000 | — |
| Gross profit | −£3,935,000 | — |
| Administrative expenses | £2,181,000 | £5,632,000 |
| Operating profit | −£6,116,000 | −£5,632,000 |
| Interest payable | £2,686,000 | £1,926,000 |
| Profit before tax | −£8,802,000 | −£7,558,000 |
| Tax | −£1,477,000 | −£1,065,000 |
| Profit / loss | −£7,325,000 | −£6,493,000 |
| Operating costs | ||
| Audit fees | £58,000 | £46,000 |
| Source evidence | View filing | View filing |
From the accounts
What the accounts for 2025-12-31 say about themselves, read by AI from the scanned filing.
- Auditor
- Deloitte LLP
- Audit opinion
- Clean (unmodified)
- Immediate parent
- Sofia Offshore Wind Farm Holdings Limited
- Ultimate parent
- RWE AG
- Ultimate controlling party
- RWE AG
- Accounts
- FRS 102
Borrowings (3)
- Other loans · 995,264 (000s) · SONIA + 1.35%, which accrues on a daily basis · The maturity of the other loan will be at the date of the sale of the OFTO asset. This is expected to be in 2027. If the asset is not sold by then, then the loan is subject to a long-stop maturity date of 15th May 2028 based on the current contract terms.
- Loans from parent undertakings, RWE Renewables UK Swindon Limited · 1,844,500 (000s) · 5.91% per annum, which accrues on a daily basis · repayable on the maturity date, which is 31 December 2026
- Unsecured loan to RWE AG included in amounts owed to parent undertakings · £241,455k (000s) · monthly SONIA average rate (comparable rate for other currencies) plus 50 basis points except where the interest rate is negative and then it is a fixed rate of 0.50% · repayable within one year · secured on unsecured
Secured borrowing
Registered charges, lenders and security interests.
Charges and related records
1 outstanding chargesFixed · created 2025-05-13
—
Outstanding