Principle Power (Europe) Limited
Active07576908EnergyIncorporated 24 Mar 2011 · London
The 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").
Revenue
£620k
▼ -45.4% vs prior ~12m period
Profit after tax
£232k
Margin 25.5%
Employees
3
▼ -25.0% vs prior ~12m period
Net assets
-£242k
Total assets £1.1m
Financial history
Revenue by accounting period
5 periods available · ▲ growth ▼ decline
Dec 2020
£132k
Dec 2021
£284k▲ +115.0%
Dec 2022
£1.1m▲ +294.7%
Dec 2023
£1.1m▲ +1.3%
Dec 2024
£620k▼ -45.4%
| Period end | Revenue | Growth | Profit before tax | Employees | Net assets |
|---|---|---|---|---|---|
| 30 Dec 2024 | £620k | ▼ -45.4% | £152k | 3 | -£242k |
| 30 Dec 2023 | £1.1m | ▲ +1.3% | £397k | 4 | -£474k |
| 30 Dec 2022 | £1.1m | ▲ +294.7% | £242k | 4 | -£871k |
| 31 Dec 2021 | £284k | ▲ +115.0% | £200k | 1 | -£1.1m |
| 31 Dec 2020 | £132k | — | -£111k | 0 | — |
Latest available figures
Period ending 30 Dec 2024. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.
Profit & loss
- Revenue
- £620k
- Gross profit
- £620k
- Operating profit
- £158k
- Profit before tax
- £152k
- Profit after tax
- £232k
Balance sheet
- Total assets
- £1.1m
- Cash
- £200k
- Total liabilities
- £1.4m
- Net assets
- -£242k
- Revenue per employee
- £207k
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