Scottishpower Renewables (Wods) Limited
Registered name: SCOTTISHPOWER RENEWABLES (WODS) LIMITED
Part of Iberdrola Sa groupScottishpower Renewables (Wods) Limited made £182m revenue and £84.3m profit in the year to 31 Dec 2025.
Scottishpower Renewables (Wods) Limited’s revenue fell 16% to £182m in the year to 31 Dec 2025, with £84.3m profit. The company is classified under “production of electricity” and is based in Glasgow; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Glasgow
- Age
- 16 yrs · since 2010
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £178m | £216m | £182m |
| Cost of sales | −£14.6m | −£13.5m | −£14.5m |
| Gross profit | £164m | £202m | £167m |
| Operating profit | £108m | £132m | £116m |
| Profit before tax | £102m | £131m | £114m |
| Profit after tax | £74.4m | £92.1m | £84.3m |
| Profit (best available) | £74.4m | £92.1m | £84.3m |
| Employees (average) | — | — | — |
| Ratios | |||
| Profit margin | 41.7% | 42.7% | 46.4% |
| Gross margin | 91.8% | 93.7% | 92% |
| Growth (year on year) | |||
| Revenue growth | — | ▲20.8% | ▼15.7% |
| Profit growth | — | ▲23.8% | ▼8.5% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Jun 2025 | Accounts · bulk data Jun 2025 | Accounts · bulk data Jun 2026 |
How the business works
- Profit margin
- 46.4%
- Profit ÷ revenue.
- Gross margin
- 92%
- 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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- —
- Now —
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Iberdrola Sa (registered outside the UK register)ultimate parent75–100%
- SPW Investments Limited75–100%
- Scottish Power Limited75–100%
- Scottish Power UK PLC75–100%
- Scottishpower Renewable Energy Limited75–100%
- Scottishpower Renewables (UK) Limited75–100%
- Scottishpower Renewables (Wods) Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (22)
- Blaenau Gwent Solar LimitedRev. — · Profit −£3.1m
- Bryn Henllys SF LimitedRev. — · Profit −£6.2m
- Celtpower LimitedFigures not disclosed
- Coldham Windfarm LimitedFigures not disclosed
- Cumberhead West Wind Farm Ltd.Figures not disclosed
- Down Barn Farm SF LimitedRev. — · Profit −£6.8m
- East Anglia One LimitedFigures not disclosed
- East Anglia One North LimitedFigures not disclosed
- East Anglia Two LimitedFigures not disclosed
- Grafton Underwood Solar LimitedRev. — · Profit £2.5m
- Hagshaw Hill Repowering LtdFigures not disclosed
- Longney Solar LimitedRev. — · Profit −£2.9m
- Machairwind LimitedFigures not disclosed
- Marramwind LimitedFigures not disclosed
- Milltown Airfield Solar PV LimitedRev. — · Profit −£6m
- Pipplepen Solar LimitedRev. — · Profit −£2.1m
- Ranksborough Solar LimitedRev. — · Profit −£2.5m
- Sparrow Lodge Solar LimitedRev. — · Profit −£2.8m
- Speyslaw Solar LimitedRev. — · Profit −£3.8m
- Thurlaston Solar LimitedRev. — · Profit −£1.4m
- Tuckey Farm Solar LimitedRev. — · Profit −£108k
- Wood Lane Solar LimitedRev. — · Profit −£127k
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2025 (profit £84.3m), from the Companies House accounts bulk data published Jun 2026. Spotted an error? Request a correction.
Updated from Companies House on 23 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.