TARGET ENERGY SOLUTIONS LIMITED
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Cash
£14k
-43.6% vs 2024
Net assets
-£443k
+2.4% vs 2024
Employees
11
0% vs 2024
Profit before tax
—
Period ending 2025-12-31
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
The directors believe the entity will continue to be a going concern for the next twelve months and that the going concern basis of preparation is correct. Assurances have been received from the directors and immediate parent company that they will continue to provide financial support as necessary for the group and the company to meet their liabilities as they fall due. Any additional funding would be made available by way of loans or share capital should this be necessary. Accordingly, the financial statements have been prepared on a going concern basis.
-
Going-concern uncertainty disclosed
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Negative shareholders' funds
Net assets
3-year trend · vs Technology median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | — | — | — | — | |
| Operating profit | — | — | — | — | |
| Profit before tax | — | — | — | — | |
| Net profit | -£513 | -£14,797 | £10,922 | +173.8% | |
| Cash | £13,047 | £25,447 | £14,356 | -43.6% | |
| Total assets less current liabilities | -£48,638 | -£231,093 | -£220,171 | +4.7% | |
| Net assets | -£438,981 | -£453,778 | -£442,856 | +2.4% | |
| Equity | -£438,981 | -£453,778 | -£442,856 | +2.4% | |
| Average employees | 11 | 11 | 11 | 0% | |
| Wages | — | — | — | — | |
| Directors' remuneration | — | — | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Current ratio | 0.48x | 0.21x | 0.22x |
Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 3 times since incorporation
- TARGET ENERGY SOLUTIONS LIMITED 2018-06-14 → present
- FUSE INFORMATION MANAGEMENT LIMITED 2009-06-01 → 2018-06-14
- VOLANTICE SOLUTIONS LIMITED 2006-05-08 → 2009-06-01
- POMM (95) LIMITED 2005-04-04 → 2006-05-08
Audit & accounting basis
- Accounting basis
- FRS 102 §1A
- Reporting scope
- Consolidated group
- Abridged
- Yes — abridged accounts (limited disclosure)
- Audit opinion
- Unaudited (audit-exempt)
- Going concern
- Material uncertainty disclosed
“The directors believe the entity will continue to be a going concern for the next twelve months and that the going concern basis of preparation is correct. Assurances have been received from the directors and immediate parent company that they will continue to provide financial support as necessary for the group and the company to meet their liabilities as they fall due. Any additional funding would be made available by way of loans or share capital should this be necessary. Accordingly, the financial statements have been prepared on a going concern basis.”
Group structure
- TARGET ENERGY SOLUTIONS LIMITED · parent
- Target Energy Solutions, Inc 100%
- Target Digital Information Technology Trade Limited 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 12 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CAMPBELL, Lia Maria | Secretary | 2020-05-28 | — | — |
| AL MUJAINI, Ali Ahmed Abdullah | Director | 2014-11-19 | Mar 1971 | Omani |
| AL RAISI, Muatasam Hassan, Dr | Director | 2020-11-16 | Dec 1966 | Omani |
| AL-JARDANI, Ali Khalfan Said | Director | 2014-11-19 | Nov 1972 | Omani |
| CAMPBELL, Lia Maria | Director | 2023-06-26 | Jul 1978 | British |
Show 12 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ALGAN, Ugur, Dr | Secretary | 2006-05-08 | 2014-07-11 |
| LAMB, Elizabeth Ann | Secretary | 2005-04-04 | 2006-05-08 |
| MERTENS, Timothy Peter | Secretary | 2014-07-11 | 2020-05-28 |
| ALGAN, Ugur, Dr | Director | 2006-05-08 | 2018-06-22 |
| CRUISE, Jamie | Director | 2006-05-08 | 2019-06-06 |
| HOLMES, David Michael | Director | 2009-05-01 | 2014-03-31 |
| LAMB, Charles Sebastian | Director | 2005-04-04 | 2006-05-08 |
| LI, Yuxing | Director | 2020-02-06 | 2023-06-28 |
| MONAGHAN, Grant | Director | 2014-11-19 | 2018-07-16 |
| ORTIZ, Edgar Jairo | Director | 2012-08-23 | 2014-11-19 |
| ROSAS, Mario | Director | 2012-08-23 | 2014-11-19 |
| SELBY, Kevin Charles | Director | 2019-04-16 | 2020-02-10 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Target Oilfield Services Llc | Corporate entity | Shares 75–100% | 2017-04-06 | Active |
Filing timeline
Last 20 of 94 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-28 | AA | accounts | Accounts with accounts type group | |
| 2025-12-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-12 | AA | accounts | Accounts with accounts type group | |
| 2024-12-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-18 | AA | accounts | Accounts with accounts type group | |
| 2023-12-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-29 | AA | accounts | Accounts with accounts type group | |
| 2023-07-06 | AP01 | officers | Appoint person director company with name date | |
| 2023-06-29 | TM01 | officers | Termination director company with name termination date | |
| 2022-12-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-06 | AD01 | address | Change registered office address company with date old address new address | |
| 2022-08-12 | AA | accounts | Accounts with accounts type group | |
| 2021-12-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-09-27 | AA | accounts | Accounts with accounts type group | |
| 2021-08-28 | AA01 | accounts | Change account reference date company previous shortened | |
| 2020-12-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-11-16 | AP01 | officers | Appoint person director company with name date | |
| 2020-09-16 | AA | accounts | Accounts with accounts type group | |
| 2020-05-28 | AP03 | officers | Appoint person secretary company with name date | |
| 2020-05-28 | TM02 | officers | Termination secretary company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.