ANDRITZ HYDRO HAMMERFEST (UK) LIMITEDActive
Key figures
Ratios
2025Balance sheet structure
Filed accounts2020–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Turnover | 675,718 | 463,518 | 996,862 | 302,044 | 1,348,706 |
| Profit for the year | -176,446 | -510,485 | -663,454 | -1,146,068 | -632,744 |
| Cash at bank and in hand | 269,178 | 148,836 | 140,580 | 92,364 | 138,041 |
| Total assets | 298,888 | 415,190 | 722,480 | 255,956 | 915,418 |
| Total liabilities | — | — | — | — | — |
| Net assets / total equity | -8,882,164 | -9,392,649 | -10,056,103 | -11,202,171 | -11,834,915 |
| Average number of employees | 5 | 5 | 5 | 5 | 9 |
| Average pay (per year) | — | — | — | — | 74,938 |
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 2025The principal activity of the company in the year under review was that of supporting sales activities and site installation works at hydro power stations in the UK. In addition, the company continues to undertake monitoring, operation, design and marketing of tidal power plants - such as the services provided to the MeyGen project in the Pentland Firth. The company's employees continue to support the group's development of tidal turbines and other technology and that the costs of these employees, the office accommodation in the UK, other overheads and interest payments are funded by cash advances provided by the company's parent company, and the company is now not expected to be cash generative. The company is reliant upon the continued support of its parent company to provide ongoing funding and not to seek repayment of the balance already advanced. The parent company has confirmed its willingness to support the company for the foreseeable future being a period of not less than 12 months from the date of signing the financial statements and therefore the directors have concluded that it is appropriate to prepare the financial statements on a going concern basis. The current capital structure of the company, with significant inter-company balances due to fellow group companies, is such that there is no realistic prospect that these balances will be repaid and as noted in note 1 to the financial statements this means that there is material uncertainty in relation to going con
As described in the company's latest filed accounts.
Summary: ANDRITZ HYDRO HAMMERFEST (UK) LIMITED
Company
ANDRITZ HYDRO HAMMERFEST (UK) LIMITED is a private limited company registered with Companies House under company number SC338485. It was incorporated on 27 Feb 2008. Its status is active. The registered office is in Glasgow (G3). Its nature of business (SIC 2007) is other research and experimental development on natural sciences and engineering (72190).
Accounts
The latest accounts in the database are for 2025 (period ending 31 Dec 2025); the company files medium company accounts. Turnover was £1,348,706. Loss for the year was £632,744. Net assets were −£11,834,915, down 5.6% on the previous year. Cash at bank and in hand was £138,041. The company had an average of 9 employees. Figures are available for 6 financial years (2020–2025).
Control and charges
One person with significant control is registered.
Filing deadlines
The next accounts are due by 30 Sep 2027. The next confirmation statement is due by 13 Mar 2027.