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SOUTH CLYDE ENERGY RECOVERY HOLDINGS LIMITED

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Activities of other holding companies n.e.c.

0 employees
Activities of other holding companies n.e.c.
S

SOUTH CLYDE ENERGY RECOVERY HOLDINGS LIMITED

Activities of other holding companies n.e.c.

Founded 22 Jun 2021 Active Reading, United Kingdom 0 employees
Activities of other holding companies n.e.c.
Accounts Submitted 30 May 2025
Confirmation Statement Submitted 30 Jun 2025
Net assets £60.87M £30.13M 2024 year on year
Total assets £248.57M £101.80M 2024 year on year
Total Liabilities £187.70M £71.67M 2024 year on year
Charges 2
2 outstanding

AI Analysis

AI Analysis

Analyze director networks, ownership patterns, and company connections

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Contact & Details

Contact

Update Details

Registered Address

4th Floor Phoenix House 1 Station Hill Reading Berkshire RG1 1NB United Kingdom

Credit Report

Discover SOUTH CLYDE ENERGY RECOVERY HOLDINGS LIMITED's Credit Score, limit, and payment likelihood.

Mutual Companies

See All Mutual Companies

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 (2022–2024)

Cash in Bank

£33.17M

Increased by £11.80M (+55%)

Net Assets

£60.87M

Increased by £30.13M (+98%)

Total Liabilities

£187.70M

Increased by £71.67M (+62%)

Turnover

N/A

Employees

N/A

Debt Ratio

76%

Decreased by 3 (-4%)
See 10 Year Full Financials

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 Capital

Share allotments and capital structure

28 Allotments 74,488,324 Shares £74.49m Total
Date FromShare ClassShares AllottedAmount RaisedPrice/Share
20 Aug 20254,501,640£4.50m£1
7 Aug 20251,734,400£1.73m£1
25 Jul 20252,020,788£2.02m£1
24 Jun 2025997,920£998k£1
27 May 20254,630,976£4.63m£1

Officers

Officers

7 active 14 resigned
Status
Apex Secretaries LlpCorporate-secretaryUnited KingdomUnknown—1 Sept 2022Active
Ginta CimdinaDirectorLatvianFinland5224 May 2024Active
Ilkka Johannes NiiranenDirectorFinnishFinland4424 May 2024Active
Joseph David ScottDirectorBritishUnited Kingdom3721 May 2024Active
Juha Olavi SuomiDirectorFinnishFinland592 May 2024Active
Michael James ReynoldsDirectorBritishUnited Kingdom4821 May 2024Active
Sigita KravaleDirectorLatvianFinland4731 Mar 2025Active

Shareholders

Shareholders (3)

Lapin Investment Limited
50.0%
32,616,83830 Jun 2025
Ivo Energy Limited
50.0%
32,616,83830 Jun 2025
Lapin Investment Limited
0.0%
20030 Jun 2025

Persons with Significant Control

Persons with Significant Control (2)

2 Active

Ivo Energy Limited

United Kingdom

Active
Notified 22 Jun 2021
Nature of Control
  • Ownership Of Shares 25 To 50 Percent
  • Voting Rights 25 To 50 Percent
  • Right To Appoint And Remove Directors

Lapin Investment Limited

United Kingdom

Active
Notified 1 Mar 2022
Nature of Control
  • Ownership Of Shares 25 To 50 Percent
  • Voting Rights 25 To 50 Percent
  • Right To Appoint And Remove Directors
See All Controllers

Group Structure

Group Structure

IVO ENERGY LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
LAPIN INVESTMENT LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
FORTUM OYJ finland
GREN ENERGY LIMITED united kingdom
GREEN INVESTMENT GROUP INVESTMENTS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
GREEN INVESTMENT GROUP LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
UK GREEN INVESTMENT BANK LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
MOORGATE PL HOLDINGS LIMITED united kingdom
SOUTH CLYDE ENERGY RECOVERY HOLDINGS LIMITED Current Company
FORTUM GLASGOW LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

Charges

Charges

2 outstanding

Documents

Company Filings

DateCategoryDescriptionDocument
15 Dec 2025CapitalAllotment of shares (GBP 85,822,024) on 2025-10-23View(3 pages)
16 Sept 2025OfficersChange to director Mr Ilkka Johannes Niiranen on 2025-08-05View(2 pages)
15 Sept 2025CapitalAllotment of shares (GBP 74,488,624) on 2025-08-20View(3 pages)
15 Sept 2025CapitalAllotment of shares (GBP 69,986,984) on 2025-08-07View(3 pages)
18 Aug 2025CapitalAllotment of shares (GBP 68,252,584) on 2025-07-25View(3 pages)
15 Dec 2025 Capital

Allotment of shares (GBP 85,822,024) on 2025-10-23

View Document(3 pages)
16 Sept 2025 Officers

Change to director Mr Ilkka Johannes Niiranen on 2025-08-05

View Document(2 pages)
15 Sept 2025 Capital

Allotment of shares (GBP 74,488,624) on 2025-08-20

View Document(3 pages)
15 Sept 2025 Capital

Allotment of shares (GBP 69,986,984) on 2025-08-07

View Document(3 pages)
18 Aug 2025 Capital

Allotment of shares (GBP 68,252,584) on 2025-07-25

View Document(3 pages)

Recent Activity

Latest Activity

Allotment of shares (GBP 85,822,024) on 2025-10-23

2 months ago on 15 Dec 2025

Change to director Mr Ilkka Johannes Niiranen on 2025-08-05

5 months ago on 16 Sept 2025

Allotment of shares (GBP 74,488,624) on 2025-08-20

5 months ago on 15 Sept 2025

Allotment of shares (GBP 69,986,984) on 2025-08-07

5 months ago on 15 Sept 2025

Allotment of shares (GBP 68,252,584) on 2025-07-25

6 months ago on 18 Aug 2025