M74 WEST LTD - Profile & Financials

Accounts Submitted 13 Jun 2025

Confirmation Statement Submitted 17 Jan 2025

Net assets £-6.17K £4.53K 2024 year on year

Total assets £2.11M £1.63M 2024 year on year

Total Liabilities £2.11M £1.64M 2024 year on year

Charges None No charges registered

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Contact & Details

Contact

Update Details

Registered Address

10 Newton Place Glasgow G3 7PR Scotland

Credit Report

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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 (2023–2024)

Cash in Bank

N/A

Net Assets

-£6.17k

Decreased by £4.53k (-277%)

Total Liabilities

£2.11M

Increased by £1.64M (+346%)

Turnover

N/A

Employees

N/A

Debt Ratio

100%

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

2 active

Show resigned officers

						Status
Gavin John Mccallum	Director	British	Scotland	53	18 Jan 2023	Active
Richard John Koiak	Director	British	United Kingdom	45	18 Jan 2023	Active

Shareholders

Shareholders (0)

No shareholder data available

Persons with Significant Control

Persons with Significant Control (1)

1 Active

Renewco Power Limited

United Kingdom

Active

Notified 18 Jan 2023

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

RENEWCO POWER LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

CORRAN ENVIRONMENTAL LP united kingdom significant influence or control

CORRAN ENVIRONMENTAL GP LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

SSE VENTURE CAPITAL LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

CORRAN CAPITAL LLP united kingdom

SSE PLC united kingdom

M74 WEST LTD Current Company

Charges

No charges registered

Documents

Company Filings

Date	Category	Description	Document
13 Jun 2025	Accounts	Annual accounts made up to 2024-09-30	View(3 pages)
17 Jan 2025	Confirmation Statement	Confirmation statement made on 2025-01-17 with updates	View(4 pages)
18 Jun 2024	Accounts	Annual accounts made up to 2023-09-30	View(3 pages)
18 Jan 2024	Confirmation Statement	Confirmation statement made on 2024-01-17 with no updates	View(3 pages)
19 May 2023	Persons With Significant Control	Change to Renewco Power Limited as a person with significant control on 2023-05-17	View(2 pages)