PRINCIPLE POWER (EUROPE) LIMITEDActive
Key figures
Ratios
2024Balance sheet structure
Filed accounts2021–2024
| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Turnover | 283,840 | 1,120,370 | 1,134,798 | 619,892 |
| Profit for the year | 199,582 | 242,054 | 397,156 | 232,315 |
| Cash at bank and in hand | 218,651 | 239,505 | 96,771 | 199,530 |
| Total assets | 474,367 | 583,843 | 1,211,230 | 1,139,336 |
| Total liabilities | 1,588,336 | 1,454,948 | 1,685,179 | 1,380,970 |
| Net assets / total equity | -1,113,161 | -871,105 | -473,949 | -241,634 |
| Average number of employees | 1 | 4 | 4 | 3 |
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.
Principal activity
Accounts 2024The principal activity of the Company consists of Engineering, Operations & Maintenance, Research & Development and Licensing of offshore support structures for wind electrical power generation. The Company's principal activity also comprises the development in the UK and Europe of offshore wind technology owned by its parent company, Principle Power Inc. ("PPI").
As described in the company's latest filed accounts.
Summary: PRINCIPLE POWER (EUROPE) LIMITED
Company
PRINCIPLE POWER (EUROPE) LIMITED is a private limited company registered with Companies House under company number 07576908. It was incorporated on 24 Mar 2011. Its status is active. The registered office is in London (N21). Its nature of business (SIC 2007) is production of electricity (35110), other engineering activities (71129).
Accounts
The latest accounts in the database are for 2024 (period ending 30 Dec 2024); the company files small company accounts. Turnover was £619,892. Profit for the year was £232,315. Net assets were −£241,634, up 49% on the previous year. Cash at bank and in hand was £199,530. Total assets were £1,139,336 and total liabilities £1,380,970. The company had an average of 3 employees. Figures are available for 4 financial years (2021–2024).
Filing deadlines
The next accounts are due by 30 Sep 2027. The next confirmation statement is due by 7 Apr 2027.