BILBAO OFFSHORE HOLDING LIMITED - Profile & Financials

Accounts Submitted

Confirmation Statement Submitted

Net assets £458.60M £94.87M 2024 year on year

Total assets £1478.90M £26.44M 2024 year on year

Total Liabilities £312.19M £30.92M 2024 year on year

Charges 1

1 outstanding

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Contact & Details

Contact

Update Details

Registered Address

18 Riversway Business Village Navigation Way Preston Lancashire PR2 2YP United Kingdom

Credit Report

Discover BILBAO OFFSHORE HOLDING LIMITED's Credit Score, limit, and payment likelihood.

Mutual Companies

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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 (2022–2024)

Cash in Bank

£802.97k

Decreased by £1.72M (-68%)

Net Assets

£458.60M

Increased by £94.87M (+26%)

Total Liabilities

£312.19M

Decreased by £30.92M (-9%)

Turnover

N/A

Employees

N/A

Debt Ratio

21%

Decreased by 2 (-9%)

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

Share Capital

Share allotments and capital structure

1 Allotment 269,000,000 Shares £269.00m Total

Date From	Share Class	Shares Allotted	Amount Raised	Price/Share
27 Mar 2020	ORDINARY	269,000,000	£269.00m	£1

Officers

9 active 12 resigned

Show resigned officers

						Status
Alasdair Campbell	Director	British	Scotland	41	9 Feb 2022	Active
Alexander Victor Thorne	Director	British	United Kingdom	36	6 Apr 2023	Active
Anthony Michael Doherty	Director	Irish	Ireland	54	30 Apr 2024	Active
Christopher David Sweetman	Director	British	United Kingdom	50	4 Jul 2025	Active
David Samuel Bruce	Director	British	Scotland	40	7 Feb 2024	Active
Martin James Swain	Director	British	England	50	12 Jun 2025	Active
Pario Renewables Limited	Corporate-secretary	United Kingdom	Unknown	—	4 Nov 2025	Active
Shane Denis Power	Director	Irish	Ireland	37	30 Apr 2024	Active

Shareholders

Shareholders (1)


Bilbao Offshore Investment Limited	100.0%	269,000,100	Ordinary	20 Jul 2021

Persons with Significant Control

Persons with Significant Control (1)

1 Active

Bilbao Offshore Investment Limited

United Kingdom

Active

Notified 12 Jul 2019

Nature of Control

Ownership Of Shares 75 To 100 Percent
Voting Rights 75 To 100 Percent
Right To Appoint And Remove Directors

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Group Structure

BILBAO OFFSHORE INVESTMENT LIMITED united kingdom shares 25 to 50 percent, voting rights 25 to 50 percent

VERNEUIL HOLDINGS LIMITED united kingdom shares 50 to 75 percent, voting rights 50 to 75 percent

OFFSHORE WIND INVESTMENTS GROUP 2 LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent

EUROPEAN INFRASTRUCTURE INVESTMENTS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent

INFRARED EUROPEAN INFRASTRUCTURE INCOME 4 HOLDINGS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

THE RENEWABLES INFRASTRUCTURE GROUP (UK) INVESTMENTS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

INFRARED EUROPEAN INFRASTRUCTURE INCOME 4 GENERAL PARTNER LLP united kingdom significant influence or control limited liability partnership

THE RENEWABLES INFRASTRUCTURE GROUP (UK) LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

INFRARED CAPITAL PARTNERS (HOLDCO) LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

THE RENEWABLES INFRASTRUCTURE GROUP LIMITED british channel islands

INFRARED PARTNERS LLP united kingdom voting rights 75 to 100 percent limited liability partnership, right to share surplus assets 75 to 100 percent limited liability partnership, appoint/remove members limited liability partnership

INFRARED (UK) HOLDCO 2020 LTD. united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

SUN LIFE FINANCIAL INC. canada

BILBAO OFFSHORE HOLDING LIMITED Current Company

EAST ANGLIA ONE LIMITED united kingdom shares 25 to 50 percent, voting rights 25 to 50 percent

Charges

1 outstanding

Documents

Company Filings

Date	Category	Description	Document
5 Nov 2025	Officers	Change to director Ms Sophie Alexandra Alderman on 2025-11-04	View(2 pages)
4 Nov 2025	Persons With Significant Control	Change to Bilbao Offshore Investment Limited as a person with significant control on 2025-11-04	View(2 pages)
4 Nov 2025	Officers	Change to director Mr Alasdair Campbell on 2025-11-04	View(2 pages)
4 Nov 2025	Officers	Appointment of Pario Renewables Limited as director on 2025-11-04	View(2 pages)
4 Nov 2025	Officers	Change to director Mr Martin James Swain on 2025-11-04	View(2 pages)