Newhurst Erf Limited
Production of electricity · London
ActiveUnited KingdomIncorporated 2019Private Limited Company
Financial position
Accounts to 2025-12-31 · GBP · Company accounts
Net assets
£92,578,192
Cash
£7,876,623
Turnover
£62,557,489
Profit / loss
£5,939,835
Current assets
£26,114,863
Creditors < 1 year
£12,253,813
Equity
£92,578,192
Average employees
3
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 · Amended · AI-read | 2024-12-31Company · Amended · AI-read | 2019-12-317 months |
|---|---|---|---|
| Balance sheet | |||
| Net assets | £92,578,192 | £112,432,406 | £1 |
| Equity | £92,578,192 | £112,432,406 | £1 |
| Share capital | £75 | £75 | — |
| Retained earnings | −£669,277 | £14,190,888 | — |
| Assets | |||
| Fixed assets | £318,373,504 | £336,130,782 | £0 |
| Property, plant & equipment | £274,298,658 | £287,587,018 | — |
| Investments | £44,074,846 | £48,543,764 | — |
| Current assets | £26,114,863 | £32,285,902 | £1 |
| Cash at bank | £7,876,623 | £9,655,808 | — |
| Debtors | £8,084,560 | £10,884,209 | — |
| Stock | £2,520,710 | £2,520,710 | — |
| Liabilities | |||
| Creditors within one year | £12,253,813 | £13,858,401 | £0 |
| Creditors after one year | £239,656,362 | £242,125,877 | £0 |
| Provisions | — | — | £0 |
| Net current assets | £13,861,050 | £18,427,501 | £1 |
| Assets less current liabilities | £332,234,554 | £354,558,283 | £1 |
| Profit & loss | |||
| Turnover | £62,557,489 | £62,233,128 | — |
| Cost of sales | £40,574,527 | £37,874,444 | — |
| Gross profit | £21,982,962 | £24,358,684 | — |
| Administrative expenses | £1,339,500 | £4,070,139 | — |
| Operating profit | £20,643,462 | £20,288,545 | — |
| Interest receivable | £254,387 | £393,651 | — |
| Interest payable | £8,465,641 | £9,709,952 | — |
| Profit before tax | £12,432,208 | £10,972,244 | — |
| Tax | £6,492,373 | £1,864,537 | — |
| Profit / loss | £5,939,835 | £9,107,707 | — |
| Dividends | £20,800,000 | £4,346,943 | — |
| Operating costs | |||
| Depreciation | £14,003,827 | £13,332,921 | — |
| Audit fees | £78,335 | £62,511 | — |
| Cash flow | |||
| Cash from operations | £34,284,494 | £31,867,093 | — |
| Capital expenditure | £715,467 | £123,941 | — |
| People & pay | |||
| Average employees | 3 | 2 | 0 |
| Staff costs | £211,867 | £124,742 | — |
| Wages & salaries | £128,010 | £93,205 | — |
| Social security costs | £19,110 | £12,059 | — |
| Pension costs | £15,028 | £11,928 | — |
| Source evidence | View filing | 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
- Audit opinion
- Clean (unmodified)
- Immediate parent
- Newhurst ERF Holding Limited
- Ultimate parent
- Encyclis Newhurst Holdco Limited
- Ultimate controlling party
- EQT AB
- Accounts
- Full accounts · IFRS
- Approved
- 2026-06-30
Related parties (11)
- Encyclis Limited · Related party through a common corporate shareholder, Encyclis Bidco Limited · Administrative expenses / services provided · 23,748,602
- Biffa Waste Services Limited · Related party prior to July 2025 · Administrative expenses · 39,510
- Biffa Waste Services Limited · Related party prior to July 2025 · Waste revenue · 17,186,628
- Protos ERF Limited · Related party through indirect shareholdings of common corporate shareholders · Salary costs paid on behalf · 151,676
- Rookery South Limited · Related party · Administrative expenses / consultancy services · 10,738
- Dublin Waste to Energy Limited · Related party through a common corporate shareholder · Administrative expenses / recharged energy consultancy costs · 1,035
- Encyclis Limited · Related party through a common corporate shareholder, Encyclis Bidco Limited · Payable by the company · (3,203,242)
- Biffa Waste Services Limited · Related party prior to July 2025 · Receivable to the company · 3,622,185
- Protos ERF Limited · Related party through indirect shareholdings of common corporate shareholders · Receivable to the company · 13,542
- Rookery South Limited · Related party · Receivable to the company · 500
- Newhurst ERF Holding Limited · Shareholder · Dividend paid · £20,800,000
Borrowings (1)
- Senior secured Term Loan Facilities agreement (the “TLF”), comprising a £251,000,000 senior secured term loan and an £8,800,000 revolving debt service reserve facility; total bank loans · £230,659,484 · SONIA rate plus a margin of 2.25%; margin increases to 2.50% following the seventh anniversary and 2.75% on the tenth anniversary. Pay-fixed, receive-variable swap agreement; variable interest rate fixed at 1.023%, with total borrowing costs 1.023% plus applicable margin. · Scheduled mandatory repayment instalments began on 31 December 2023 and continue semi-annually thereafter; final maturity 26 May 2043. · secured on Combination of fixed and floating charges in relation to substantially all the Company's assets; first fixed and first floating charges in favour of National Westminster Bank Plc, as Security Agent for the lenders.
Share classes (1)
- 75 Ordinary of £1
Events after the year end (1)
- There have been no significant events since the statement of financial position date that would require adjustment to, or disclosure in, these financial statements.
Secured borrowing
Registered charges, lenders and security interests.
Charges and related records
1 outstanding chargesAll Assets · created 2020-02-11
—
Outstanding