THORKELL RENEWABLE ENERGY LIMITED

Active Kirkwall

Production of electricity

0 employees website.com
Production of electricity
T

THORKELL RENEWABLE ENERGY LIMITED

Production of electricity

Founded 23 Sept 2009 Active Kirkwall, United Kingdom 0 employees website.com
Production of electricity

Previous Company Names

MARITIME SHELFCO 18 LIMITED 23 Sept 2009 — 2 Jul 2010
Accounts Submitted 2 Apr 2026 Next due 30 Sept 2026 5 months remaining
Confirmation Submitted 29 Sept 2025 Next due 7 Oct 2026 5 months remaining
Net assets £2M £18K 2024 year on year
Total assets £2M £35K 2024 year on year
Total Liabilities £486K £53K 2024 year on year
Charges None No charges registered

Contact & Details

Contact

Registered Address

8 Albert Street Kirkwall Orkney KW15 1HP

Full company profile for THORKELL RENEWABLE ENERGY LIMITED (SC365949), an active company based in Kirkwall, United Kingdom. Incorporated 23 Sept 2009. Production of electricity. View financials, directors, shareholders, and filings.

Business Summary

This company specializes in providing innovative solutions and services across multiple sectors.

Products & Services

consulting software analytics integration

Reports

Credit Report

In-depth credit score, financial analysis, risk assessment and company intelligence.

Financials

Financials

Period 1 Jan → 31 Dec 2024
Type Total Exemption Full
Next accounts 31 December 2025
Due by 30 September 2026 9 months

Net Assets, Total Assets & Total Liabilities (2014–2024)

Cash in Bank

£1.13M

Increased by £135.00k (+14%)

Net Assets

£1.85M

Decreased by £17.75k (-1%)

Total Liabilities

£486.19k

Increased by £53.00k (+12%)

Turnover

N/A

Employees

N/A

Debt Ratio

21%

Increased by 2 (+11%)

Financial History

Revenue, profit, EBITDA and key financial figures

2024
Dec Year End
2023
Dec Year End
P&L
Revenue
£142.3M
£128.7M
Gross Profit
£48.2M
£43.1M
Operating Profit
£22.4M
£19.8M
Net Profit
£18.1M
£15.9M
EBITDA
£31.5M
£28.2M
Assets
Cash
£24.7M
£21.3M
Total Assets
£89.4M
£82.1M
Liabilities
Total Liabilities
£45.2M
£41.8M
Key Metrics
Employees
1,247
1,156
Latest Revenue
£142.3M
Latest EBITDA
£31.5M
Cash Position
£24.7M

Funding

Fundraising & Grants

No fundraising or grants recorded

Investors (0)

No investor information available

Officers

Officers

1 active 2 resigned
Status
Magnus John Sinclair SpenceDirectorBritishUnited Kingdom5914 Feb 2017Active

Shareholders

Shareholders (5)

Orkney Renewable Energy Limited
98.5%
Foubister Holdings Ltd
1.0%

Persons with Significant Control

Persons with Significant Control (1)

1 Active 4 Ceased
Notified 1 Jan 2017
Nature of Control
  • Ownership Of Shares 75 To 100 Percent,voting Rights 75 To 100 Percent

Bryan John Rendall

Ceased 1 Jan 2017

Ceased

James Ian Heddle

Ceased 1 Jan 2017

Ceased

Michael Austin

Ceased 1 Jan 2017

Ceased

Richard Gauld

Ceased 1 Jan 2017

Ceased

Group Structure

Group Structure

THORKELL RENEWABLE ENERGY LIMITED Current Company

Charges

Charges

No charges registered

Properties

Properties

0 total

No related properties

Documents

Company Filings

DateCategoryDescriptionDocument
2 Apr 2026AccountsAnnual accounts made up to 31 Dec 2025
29 Sept 2025Confirmation StatementConfirmation statement made on 23 Sept 2025 with no updates
29 Sept 2025AccountsAnnual accounts made up to 31 Dec 2024
23 Sept 2024Confirmation StatementConfirmation statement made on 23 Sept 2024 with no updates
11 Sept 2024AccountsAnnual accounts made up to 31 Dec 2023
2 Apr 2026 Accounts

Annual accounts made up to 31 Dec 2025

29 Sept 2025 Confirmation Statement

Confirmation statement made on 23 Sept 2025 with no updates

29 Sept 2025 Accounts

Annual accounts made up to 31 Dec 2024

23 Sept 2024 Confirmation Statement

Confirmation statement made on 23 Sept 2024 with no updates

11 Sept 2024 Accounts

Annual accounts made up to 31 Dec 2023

Recent Activity

Latest Activity

Annual accounts made up to 31 Dec 2025

3 weeks ago on 2 Apr 2026

Confirmation statement made on 23 Sept 2025 with no updates

7 months ago on 29 Sept 2025

Annual accounts made up to 31 Dec 2024

7 months ago on 29 Sept 2025

Confirmation statement made on 23 Sept 2024 with no updates

1 years ago on 23 Sept 2024

Annual accounts made up to 31 Dec 2023

1 years ago on 11 Sept 2024