RACE BANK WIND FARM LIMITED

Active
Company number 05017828Private limited companyIncorporated 2004

Key figures

−£184,112,350+2.9%
Net assets 2025
-200 m-150 m-100 m-50 m020242025

† RACE BANK WIND FARM LIMITED filed these accounts on paper, so Companies House publishes them only as a scanned image. The figures for the years marked † were read automatically from the scan and kept only where the statements add up (for example net assets equal total equity), but a reading error is still possible — check the original accounts at Companies House.

Ratios

2025

Sector comparison

SIC 35110

Where the company stands among the 10,500 active companies whose first SIC code is 35110 (Production of electricity).

Turnover£277,244,373
Higher than 99% · median £1,257,331 among 1,579 that publish turnover
Net assets−£184,112,350
Lower than 99% · median £26,000
Total assets£66,380,131
Higher than 95% · median £774,149
Cash£16,394,647
Higher than 98% · median £85,066
Company age22.8 years
Older than 96% · median 8.5 years

Positions are approximate. Figures come from each company's latest accounts; money and employee figures are compared only with companies that filed accounts in pounds for a period ending in the last two and a half years and are not dormant, so those groups are smaller than 10,500. The line on each bar marks the median.

Summary: RACE BANK WIND FARM LIMITED

What kind of company is it?

RACE BANK WIND FARM LIMITED is a private limited company registered with Companies House under company number 05017828. It was incorporated on 16 Jan 2004. Its status is active. The registered office is in London (SW1P). Its nature of business (SIC 2007) is production of electricity (35110).

How is the company doing financially?

The latest accounts in the database are for 2025 (period ending 31 Dec 2025); the company files full accounts. Turnover was £277,244,373. Profit for the year was £54,865,673. Net assets were −£184,112,350, up 2.9% on the previous year. Cash at bank and in hand was £16,394,647. Total assets were £66,380,131 and total liabilities £1,022,586,166. Figures are available for 2 financial years (2024–2025).

How does it compare with similar companies?

Compared with 10,500 active companies whose first SIC code is 35110: By turnover it ranks higher than 99% of the 1,579 that publish turnover (median £1,257,331). By net assets it ranks lower than 99% of them (median £26,000). By total assets it ranks higher than 95% of them (median £774,149). By cash it ranks higher than 98% of them (median £85,066). It is older than 96% of them (median age 8.5 years).

What do public registers and reports show?

In its latest payment practices report it took an average of 26 days to pay suppliers, and 9% of invoices were not paid within agreed terms. It has modern slavery statements on the government registry for 7 years.

Who runs and controls the company?

One person with significant control is registered. 1 of 1 registered charges are outstanding.

When are its next filings due?

The next accounts are due by 30 Sep 2027. The next confirmation statement is due by 15 Jun 2027.

Filed accounts2024–2025
2024 †2025 †
Turnover267,473,763277,244,373
Profit for the year47,468,26954,865,673
Cash at bank and in hand16,509,90516,394,647
Total assets1,277,188,51366,380,131
Total liabilities1,087,581,5981,022,586,166
Net assets / total equity-189,606,915-184,112,350

A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.

Statutory reporting

Payment practices1 Jan 2026 – 30 Jun 2026
Average time taken to pay invoices
26 days
Invoices not paid within agreed terms
9%
Standard payment terms
60–15 days
Member of a payment code
No
  • Within 30 days 89%
  • 31 to 60 days 8%
  • After 60 days 3%
Earlier periods (7)
Period ending
Days to pay
Within 30 days
Late
31 Dec 2025
20
98%
6%
30 Jun 2025
24
95%
6%
31 Dec 2024
24
95%
3%
30 Jun 2024
18
97%
4%
31 Dec 2023
12
96%
4%
30 Jun 2023
27
94%
4%
31 Dec 2022
10
96%
3%

View the latest report on GOV.UK

Modern slavery statements7
2026
Statement · summary on GOV.UK · group statement (ORSTED WIND POWER A/S)
2025
Statement · summary on GOV.UK · group statement (ORSTED WIND POWER A/S)
2024
Statement · summary on GOV.UK · group statement (ORSTED WIND POWER A/S)
Earlier years (4)
2023
Statement · summary on GOV.UK · group statement (ORSTED POWER (UK) LIMITED)
2022
Statement · summary on GOV.UK · group statement (ORSTED WIND POWER A/S)
2021
Statement · summary on GOV.UK · group statement (ORSTED WIND POWER A/S)
2020
Statement · summary on GOV.UK · group statement (LINCS WIND FARM LIMITED)

Figures the company reported itself to the government's Check payment practices service, Gender pay gap service and Modern slavery statement registry (Open Government Licence v3.0). Only large companies and employers with 250 or more staff have to report, so most companies have nothing here.

History

6 events
  1. Financial year 2025 endedAccounts: turnover £277.2m, net assets −£184.1m
  2. Financial year 2024 endedAccounts: turnover £267.5m, net assets −£189.6m
  3. Name changed to RACE BANK WIND FARM LIMITEDPreviously DONG ENERGY RB (UK) LIMITED
  4. Race Bank Wind Farm (Holding) Limited registered as a person with significant control
  5. Name changed to DONG ENERGY RB (UK) LIMITEDPreviously CENTRICA (RBW) LIMITED
  6. Company incorporatedPrivate limited company

Dates as recorded at Companies House: incorporation, name changes, officer appointments and resignations, current persons with significant control, and the end of each financial year with figures in the database. Former persons with significant control are not listed.