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Cash

£0

-100% vs 2024

Net assets

£45m

+148.9% vs 2024

Employees

0

Average over period

Profit before tax

£92m

+261.5% vs 2024

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Accounts

2-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31

Metric Trend 2024-12-312025-12-31 Δ vs prior
Turnover —£3,509,000 —
Operating profit -£56,843,000£92,614,000 +262.9%
Profit before tax -£56,844,000£91,777,000 +261.5%
Net profit -£56,844,000£136,075,000 +339.4%
Cash £283,000£0 -100%
Total assets less current liabilities -£91,444,000£109,243,000 +219.5%
Net assets -£91,444,000£44,737,000 +148.9%
Equity —£44,737,000 —
Average employees 00 —
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 2024-12-312025-12-31
Return on capital employed —84.8%
Gearing (liabilities / total assets) 28946.7%60.0%
Current ratio 0.00x20.14x
Interest cover —60.97x

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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.

Name history

Renamed 4 times since incorporation — the current trading name was adopted 2026-03-30

  1. NEO NEXT+ ENERGY GT LIMITED 2026-03-30 → present
  2. NEO ENERGY GT LIMITED 2025-09-11 → 2026-03-30
  3. GRAN TIERRA NORTH SEA LIMITED 2024-11-20 → 2025-09-11
  4. I3 ENERGY NORTH SEA LIMITED 2017-03-30 → 2024-11-20
  5. I3 ENERGY LIMITED 2014-08-22 → 2017-03-30

Audit & accounting basis

Accounting basis
FRS 101
Reporting scope
Standalone (parent only)
Auditor
PricewaterhouseCoopers LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The directors have no reason to believe that material uncertainty exists that may cast doubt about the Company's ability to continue as a going concern or its ability to continue with the current and planned banking arrangements.”

Significant events

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

6 active · 10 resigned

Name Role Appointed Born Nationality
MCINTOSH, Andrew Graham Secretary 2025-09-08 — —
BURNESS PAULL LLP Corporate Secretary 2025-09-08 — —
GAIR, Robert Huw Director 2025-09-08 Oct 1980 British
MCINTOSH, Andrew Graham Director 2025-09-08 Jul 1973 British
PAYER, Nicolas Bertrand Director 2026-03-30 Sep 1965 French
RIGARDO, Ferdinando Director 2025-09-08 Feb 1965 Italian
Show 10 resigned officers
Name Role Appointed Resigned
BARTON, Sheri Kim, Ms. Secretary 2016-05-10 2017-04-03
CARSON, Neill Ashley, Mr. Director 2014-09-15 2018-10-08
HEATH, Graham Andrew Director 2016-01-01 2022-09-28
HEWITSON, Adam Director 2024-11-04 2025-09-08
LISTER, Amy Elizabeth Dane Director 2024-11-04 2025-09-08
SHAFIQ, Majid Director 2018-10-08 2024-11-04
SHEIKH, Adam Alum Director 2025-09-08 2026-03-30
STARK, James Gordon Croll Director 2014-08-22 2014-09-15
ZUTARA, Pedro Ernesto Director 2024-11-04 2025-09-08
BURNESS PAULL (DIRECTORS ABERDEEN) LIMITED Corporate Director 2014-08-22 2014-09-15

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Neo Energy Upstream Uk Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2025-09-08 Active
Gran Tierra Uk Limited Legal person Shares 75–100%, Voting 75–100%, Appoints directors 2017-07-17 Ceased 2025-09-08
Mr. Graham Andrew Heath Individual Shares 75–100%, Voting 75–100% 2016-04-06 Ceased 2017-07-17
Mr. Neill Ashley Carson Individual Significant influence 2016-04-06 Ceased 2017-07-17

Filing timeline

Last 20 of 95 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2026-03-30 CERTNM Certificate change of name company PDF
  • 2025-10-07 MA Memorandum articles
  • 2025-10-07 RESOLUTIONS Resolution
  • 2025-09-11 CERTNM Certificate change of name company PDF
Date Type Category Description
2026-09-28 AA accounts Accounts with accounts type full
2026-08-26 CS01 confirmation-statement Confirmation statement with updates PDF
2026-05-25 CH01 officers Change person director company with change date PDF
2026-05-21 AP01 officers Appoint person director company with name date PDF
2026-04-08 TM01 officers Termination director company with name termination date PDF
2026-03-30 CERTNM change-of-name Certificate change of name company PDF
2025-10-14 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2025-10-07 MA incorporation Memorandum articles
2025-10-07 RESOLUTIONS resolution Resolution
2025-10-07 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2025-09-11 AP01 officers Appoint person director company with name date PDF
2025-09-11 CERTNM change-of-name Certificate change of name company PDF
2025-09-10 TM01 officers Termination director company with name termination date PDF
2025-09-10 PSC02 persons-with-significant-control Notification of a person with significant control PDF
2025-09-10 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2025-09-10 TM01 officers Termination director company with name termination date PDF
2025-09-10 AP01 officers Appoint person director company with name date PDF
2025-09-10 AP01 officers Appoint person director company with name date PDF
2025-09-10 TM01 officers Termination director company with name termination date PDF
2025-09-10 AP04 officers Appoint corporate secretary company with name date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
10

last 12 months

Capital events
0

last 24 months

Officers appointed
1

last 12 months

Officers resigned
1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page