HOY ENERGY LIMITED
Company number SC365871 · Monitor this company
Executive summary
Hoy Energy Limited merits credit approval based on its robust financial position, with net assets of £891,322 growing year-over-year, cash reserves of £749,356 covering total liabilities 3x over, and a demonstrable de-leveraging trajectory that has reduced borrowings by 68.7% since FY2021. The company's renewable energy operations provide defensive revenue characteristics underpinned by government subsidies, while interest rate hedging and conservative financial management evidenced by provisions for decommissioning costs demonstrate prudent stewardship. The primary risk factors—subsidy regime dependency, aging infrastructure assets, and community governance structure—are mitigated by the substantial liquidity buffer and strong equity position.
Shareholders' funds
£891,322
Balance sheet as at 2025-03-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 2009-09-22
- Employees
- 7 (2025 accounts)
- Registered office
- Y M Community Hall, Longhope, Stromness, Scotland, KW16 3PG
- Postcode
- KW16 3PG
- Capital
- 100 GBP
- Accounts category
- Small
- Charges
- 0 outstanding
Accounts
- Last made up to
- 2025-03-31
- Next due by
- 2026-12-31
- Financial year end
- 31 March
Confirmation statement
- Last statement dated
- 2025-09-22
- Next due by
- 2026-10-06
Nature of business (SIC)
- 35110 Production of electricity
Officers 6 current · 4 resigned
Data protection registration
Registered with the ICO as a data protection fee payer — ZB206930 (Tier 1), registered since 2021.
Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.
Among its peers
Top 25%
by shareholders' funds, of 49 similar companies in KW
The largest employer among its local peers (7 staff).
Among the oldest 25% of its local peers, trading since 2009.
No.11 of the largest production of electricity companies in Thurso →
Competitors Thurso
This company ranks 11 among production of electricity in Thurso.
The class of 2009
39%
of the 341 companies in this sector incorporated in 2009 are still active today; 60% have since been dissolved.
A fact about the year, not a forecast for this company.