Rugeley Power Limited
Production of electricity · London
ActiveUnited KingdomIncorporated 2001Private Limited Company
Financial position
Accounts to 2025-12-31 · GBP · Company accounts
Net assets
—
Cash
—
Turnover
£49,139,000
Profit / loss
−£4,232,000
Current assets
£25,174,000
Creditors < 1 year
£28,766,000
Equity
−£792,000
Average employees
2
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 | ||
| Equity | −£792,000 | −£12,060,000 |
| Share capital | £1,000 | £1,000 |
| Retained earnings | −£166,880,000 | −£162,648,000 |
| Assets | ||
| Fixed assets | £20,800,000 | £130,000 |
| Property, plant & equipment | — | £130,000 |
| Current assets | £25,174,000 | £37,223,000 |
| Debtors | — | £826,000 |
| Stock | — | £36,397,000 |
| Liabilities | ||
| Creditors | £46,766,000 | £49,413,000 |
| Creditors within one year | £28,766,000 | £49,413,000 |
| Creditors after one year | £18,000,000 | — |
| Profit & loss | ||
| Turnover | £49,139,000 | £2,000 |
| Operating profit | −£3,317,000 | −£2,358,000 |
| Interest receivable | £62,000 | £2,000 |
| Interest payable | £2,388,000 | £2,116,000 |
| Profit before tax | −£5,643,000 | −£4,472,000 |
| Tax | £1,411,000 | £948,000 |
| Profit / loss | −£4,232,000 | −£3,524,000 |
| Operating costs | ||
| Audit fees | £25,000 | £25,000 |
| People & pay | ||
| Average employees | 2 | 4 |
| Staff costs | £261,000 | £699,000 |
| Wages & salaries | £205,000 | £417,000 |
| Social security costs | £21,000 | £42,000 |
| Pension costs | £30,000 | £87,000 |
| 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
- Ernst & Young LLP
- Audit opinion
- Clean (unmodified)
- Immediate parent
- IP Karugamo Holdings (UK) Limited
- Ultimate parent
- ENGIE S.A.
- Ultimate controlling party
- ENGIE S.A.
- Accounts
- FRS 101
- Approved
- 2026-09-17, signed by C Arenas
Turnover by segment (6)
- Disposal of land and other assets: 49,139 (000s) (2025-12-31)
- Disposal of land and other assets: - (000s) (2024-12-31)
- Rental and sundry income – disposal of licences: - (000s) (2025-12-31)
- Rental and sundry income – disposal of licences: 2 (000s) (2024-12-31)
- United Kingdom: 49,139 (000s) (2025-12-31)
- United Kingdom: 2 (000s) (2024-12-31)
Related parties (2)
- Engie UK Limited (formerly International Power Limited) · Group company · services purchased · £0.6m (2024: £0.9m)
- Engie UK Limited (formerly International Power Limited) · Group company · amounts owing at year end · £5,568,000 (2024: £4,418,000)
Borrowings (2)
- Loan from Engie CC · £40.3m · repayable in instalments which match the timing of the receipt of phased consideration from the sale of the site
- Loan facility within the group cash pool · £40.3m
Share classes (1)
- Not stated ordinary shares of £1.00 each
Events after the year end (1)
- In 2026, a further £6.5m was received in relation to the site sale following completion and approval of infrastructure works detailed in the sale agreement.
Contingent liabilities (1)
- On 22 February 2024 at the request of the Company, ENGIE Invest International S.A. renewed the counter-guarantee in favour of the Environment Agency for an amount of £4,584,844; the bond was released on 26 January 2025 following surrender of the Company’s environmental permit.
Secured borrowing
Registered charges, lenders and security interests.
Charges and related records
0 outstanding chargesShow 3 satisfied / released
All Assets · created 2006-09-15 · satisfied 2013-01-09
All monies
SatisfiedAll Assets · created 2002-03-08 · satisfied 2006-01-18
ALL PRESENT AND FUTURE MONIES DEBTS AND LIABILITIES DUE OR TO BECOME DUE FROM TH E COMPANY TO THE CHARGEE IN ITS CAPACITY AS SECURITY TRUSTEE FOR THE BENEFIT OF THE SECURED PARTIES (AS DEFINED) (THE "S ECURITY TRUSTEE") ON ANY ACCOUNT WHATSOE VER UNDER THE TERMS OF THE AFOREMENTIONED I NSTRUMENT CREATING OR EVIDENCING THE CHA RGE
SatisfiedFloating · created 2001-07-12 · satisfied 2005-05-27
ALL PRESENT AND FUTURE OBLIGATIONS AND L IABILITIES (WHETHER ACTUAL OR CONTINGENT AND WHETHER OWNED JOINTLY OR SEVERALLY OR IN ANY OTHER CAPACITY WHATSOEVER) OF THE COMPANY TO THE CHARGEE UNDER CLAUSES 11A(A) AND 11A(C) OF THE TOLLING AGREEM ENT (AS DEFINED).
Satisfied