Company Overview
First Hydro Company is listed at the official companies registry as Active Private Unlimited Company. The company was incorporated on Friday 17 November 1989, so this is a well established company. First Hydro Company has been in business for 36 years and 4 months. The accounts status is full.
Registered Address

Dinorwig Power Station, Llanberis, Gwynedd, LL55 4TY
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Companies House Data
Company NameFIRST HYDRO COMPANY
Company Number02444277
Registered Office AddressDinorwig Power Station
 Llanberis
 LL55 4TY
Company CategoryPrivate Unlimited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date17/11/1989
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Last Made Up Date31/12/2024
Accounts Account CategoryFULL
Returns Next Due Date03/05/2017
Returns Last Made Up Date05/04/2016
Directors & Members
Show Resigned
Simon Bateman - Director
(British, 60 years old, born December 1966)
Appointed 01 February 2022
 Active
Delphine Cherel-Sparham - Director
(French, 59 years old, born October 1967)
Appointed 05 November 2024
 Active
Christine Climeau - Director
(French, 58 years old, born April 1968)
Appointed 10 June 2025
 Active
Secretaries
Show Resigned
Neil Anderson - Secretary
Appointed 06 August 2021
 Active
Other Company Directorships
Simon Bateman
ENGIE UK MARKETS LIMITED
IP KARUGAMO HOLDINGS (UK) LIMITED
RUGELEY POWER GENERATION LIMITED
Delphine Cherel-Sparham
No companies found
Christine Climeau
FHH NO.1 LIMITED
FIRST HYDRO FINANCE PLC
FIRST HYDRO HOLDINGS COMPANY
Balance Sheet Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2016 31-Dec-2015
Balance Sheet
Fixed Assets 390,930,000 390,930,000 397,422,000
Current Assets 134,786,000 134,786,000 79,310,000
Creditors Due Within One Year 41,785,000 41,785,000 31,167,000
Working Cap 93,001,000 93,001,000 48,143,000
Total Assets Less Current Liabilities 483,931,000 483,931,000 445,565,000
Long-term Liabilities 12,679,000 12,679,000 0
Net Assets 471,252,000 471,252,000 445,565,000
Share Capital & Reserves
Share Cap 87,346,000 87,346,000 87,346,000
Profit & Loss Reserves 44,461,000 44,461,000 17,838,000
Other Reserves 339,445,000 339,445,000 340,381,000
Shareholders Funds 471,252,000 471,252,000 445,565,000
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2016 31-Dec-2015
Tangible Fixed Assets - - -
Fixed Assets 74.4% 74.4% 83.4%
Stocks Inventory 0.0% 0.0% 0.0%
Debtors 5.8% 5.8% 2.8%
Cash Bank In Hand 12.5% 12.5% 9.6%
Current Assets 25.6% 25.6% 16.6%
Creditors Due Within One Year 7.9% 7.9% 6.5%
Net Current Assets Liabilities 17.7% 17.7% 10.1%
Creditors Due After One Year 2.4% 2.4% 0.0%
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability 89.6% 89.6% 93.5%
Called Up Share Capital 16.6% 16.6% 18.3%
Share Capital Allotted Called Up Paid 16.6% 16.6% 18.3%
Profit Loss Account Reserve 8.5% 8.5% 3.7%
Shareholder Funds 89.6% 89.6% 93.5%
Capital Employed - - -
Total Assets Less Current Liabilities 92.1% 92.1% 93.5%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2016 31-Dec-2015
Liquidity Ratio 3.2 3.2 2.5
Solvency Ratio 9.7 9.7 15.3
Reserves to Assets 0.1 0.1 0.0
Secured Creditors Unlock full report
Mortgages Charges 1
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 1
Assets and Debt Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2016 31-Dec-2015
Assets 525,716,000 525,716,000 476,732,000
Debt 54,464,000 54,464,000 31,167,000
Net Assets/Debt 471,252,000 471,252,000 445,565,000

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet indicates the substantial net assets of a large company. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet indicates the substantial net assets of a large company. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet indicates the substantial net assets of a large company. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Confirmation statement made on 15 December 2025 with no updates
Second filing for the appointment of Ms. Christine Climeau as a director
Appointment of Ms. Christine Marie Climeau as a director on 10 June 2025
Termination of appointment of Marc Olivier Georges Franchimont as a director on 9 June 2025
Termination of appointment of Robin Lutz as a director on 22 May 2025
Appointment of Mr. Robin Lutz as a director on 28 March 2025
Appointment of Mr. Robin Lutz as a director on 28 March 2025
Termination of appointment of Thomas Joseph O'brien as a director on 28 March 2025
Confirmation statement made on 15 December 2024 with no updates
Appointment of Delphine Claire Marie Cherel-Sparham as a director on 5 November 2024
Termination of appointment of Kevin Adrian Dibble as a director on 4 November 2024
Appointment of Marc Olivier Georges Franchimont as a director on 15 July 2024
Termination of appointment of Charles Hertoghe as a director on 12 July 2024
Confirmation statement made on 15 December 2023 with no updates
Confirmation statement made on 15 December 2022 with no updates
Resolutions
Appointment of Mr Kevin Adrian Dibble as a director on 1 February 2022
Appointment of Simon Huw Bateman as a director on 1 February 2022
Termination of appointment of David George Alcock as a director on 31 January 2022
Termination of appointment of Andrew Wilson Garner as a director on 31 December 2021
Confirmation statement made on 15 December 2021 with no updates
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