Fred. Olsen Wind Holdings Limited
Registered name: FRED. OLSEN WIND HOLDINGS LIMITED
Part of Fred. Olsen Renewables Uk Holdings As groupFred. Olsen Wind Holdings Limited made £0 revenue and £163m profit in the year to 31 Dec 2024.
Fred. Olsen Wind Holdings Limited’s revenue fell 100% to £0 in the year to 31 Dec 2024, with £163m profit and 0 employees. The company is classified under “activities of head offices” and is based in London; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 18 yrs · since 2008
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “Bonheur ASA”
Key figures
Unusual figures. Profit is higher than revenue in this filing. That usually means investment income, dividends from subsidiaries or one-off gains — or a mis-tagged figure. Check the original filing before drawing conclusions.
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £1.2m | £0 |
| Cost of sales | £1.2m | £17k |
| Gross profit | −£14k | −£17k |
| Profit before tax | −£10.4m | £160m |
| Profit after tax | −£7.9m | £163m |
| Profit (best available) | −£7.9m | £163m |
| Employees (average) | 0 | 0 |
| Ratios | ||
| Profit margin | −688.3% | — |
| Gross margin | −1.2% | — |
| Growth (year on year) | ||
| Revenue growth | — | ▼100% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £0 | £7k |
| Net assets | £11m | £33.6m |
| Fixed assets | £125m | £125m |
| Current assets | £58.7m | £80.3m |
| Debtors | £58.7m | £80.3m |
| Deferred income | £591k | £601k |
| Source | FullAccounts · bulk data Jul 2025 | FullAccounts · bulk data Jul 2025 |
How the business works
- Profit margin
- —
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▲204%
- Now £33.6m
- Cash at bank
- —
- Now £7k
- Headcount
- —
- Now 0
- Deferred income
- ▲2%
- Now £601k
- Fixed assets
- 0%
- Now £125m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Fred. Olsen Renewables Uk Holdings As (registered outside the UK register)ultimate parent75–100%
- Fred. Olsen Renewables Limited50–75%
- Fred. Olsen Wind Limited75–100%
- Fred. Olsen Wind 2 Limited75–100%
- Fred. Olsen Wind Holdings Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (4)
- Crystal Rig II LimitedFigures not disclosed
- Crystal Rig Windfarm LimitedFigures not disclosed
- Paul's Hill Wind LimitedFigures not disclosed
- Rothes Wind LimitedFigures not disclosed
Sister companies (2)
- Mid Hill Wind LimitedFigures not disclosed
- Rothes II LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £163m), from the Companies House accounts bulk data published Jul 2025. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.