How much does Greenpower (Carraig Gheal) Limited make?

Greenpower (Carraig Gheal) Limited reported revenue of £17m and £3.5m profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

Is Greenpower (Carraig Gheal) Limited profitable?

Yes — Greenpower (Carraig Gheal) Limited reported a profit of £3.5m in the year to 31 Dec 2025.

Company No. SC245115 · Incorporated 5 Mar 2003

Greenpower (Carraig Gheal) Limited

Registered name: GREENPOWER (CARRAIG GHEAL) LIMITED

Part of Railtrust Holdings Limited group

Greenpower (Carraig Gheal) Limited made £17m revenue and £3.5m profit in the year to 31 Dec 2025.

Greenpower (Carraig Gheal) Limited’s revenue fell 29% to £17m in the year to 31 Dec 2025, with £3.5m profit. The company is classified under “production of electricity” and is based in Alloa; we hold 3 years of its filed accounts.

Full profit & loss filedSIC 35110Production of electricity

Status: Active
Location: Alloa
Age: 23 yrs · since 2003
Type: Private Limited Company

Latest accounts · year to 31 Dec 2025

Key figures

Revenue

£17m

Growth ▼29.3%

Profit

£3.5m

Growth ▼68%

Profit margin

20.7%

Gross 50.9%

Employees

—

Change —

Profit / employee

—

Profitable streak

3yrs

Consecutive profitable years in our data

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Profit & loss	Profit & loss	Profit & loss
Profit & loss
Revenue (turnover)	£21.2m	£24m	£17m
Cost of sales	−£7.7m	−£9.6m	−£8.3m
Gross profit	£13.4m	£14.4m	£8.6m
Operating profit	£11.9m	£12.6m	£6.9m
Profit before tax	£8.2m	£9.7m	£4.3m
Profit after tax	£5.8m	£11m	£3.5m
Profit (best available)	£5.8m	£11m	£3.5m
Employees (average)	—	—	—
Ratios
Profit margin	27.2%	45.8%	20.7%
Gross margin	63.4%	60%	50.9%
Growth (year on year)
Revenue growth	—	▲13.3%	▼29.3%
Profit growth	—	▲90.7%	▼68%
Balance sheet — indirect signals, not revenue
Net assets	—	—	—
Source	Accounts · bulk data Oct 2025	Accounts · bulk data Oct 2025	Accounts · bulk data Oct 2026

Derived from the latest filing

How the business works

Profit margin: 20.7%; Profit ÷ revenue.
Gross margin: 50.9%; 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.

Indirect — not revenue

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 —

Corporate ownership

Group structure

Ownership chain

Railtrust Holdings Limitedultimate parent75–100%
Railways Pension Trustee Company Limited75–100%
Railpen Direct Holdco II Limited75–100%
Carraig Gheal Wind Farm Limited75–100%
Greenpower (Carraig Gheal) Limitedthis company

Bands show the share of ownership each company holds in the one below it.

From the Persons with Significant Control register (corporate controllers only).

Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Dec 2025 (profit £3.5m), from the Companies House accounts bulk data published Oct 2026. Spotted an error? Request a correction.

Updated from Companies House on 22 Oct 2026