KISTOS ENERGY LIMITED
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Cash
£1.9m
-81.9% lowest in 3 filed years
Net assets
-£12m
+61.7% highest in 3 filed years
Employees
—
Average over period
Profit before tax
£9.2m
+172.1% highest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Negative shareholders' funds
Net assets
3-year trend · vs Industrials 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 | £85,432,000 | £59,885,000 | £51,634,000 | -13.8% | |
| Operating profit | -£28,810,000 | -£5,369,000 | -£2,700,000 | +49.7% | |
| Profit before tax | -£34,712,000 | -£12,824,000 | £9,244,000 | +172.1% | |
| Net profit | -£5,989,000 | -£6,338,000 | £19,201,000 | +403% | |
| Cash | £31,478,000 | £10,463,000 | £1,894,000 | -81.9% | |
| Total assets less current liabilities | £113,452,000 | £91,173,000 | £82,128,000 | -9.9% | |
| Net assets | -£24,797,000 | -£31,135,000 | -£11,934,000 | +61.7% | |
| Equity | -£24,797,000 | -£31,135,000 | -£11,934,000 | +61.7% | |
| Average employees | — | — | — | — | |
| 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 |
|---|---|---|---|---|
| Operating margin | -33.7% | -9.0% | -5.2% | |
| Net margin | -7.0% | -10.6% | 37.2% | |
| Return on capital employed | -25.4% | -5.9% | -3.3% | |
| Gearing (liabilities / total assets) | 112.2% | 119.5% | 109.1% | |
| Current ratio | 0.89x | 0.62x | 0.94x | |
| Interest cover | -3.54x | -1.33x | -0.67x |
Margins divide P&L lines by turnover. 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 2 times since incorporation
- KISTOS ENERGY LIMITED 2022-06-15 → present
- KISTOS ENERGY LTD 2020-10-13 → 2022-06-15
- KISTOS LTD 2020-09-04 → 2020-10-13
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- BDO LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Group structure
- KISTOS ENERGY LIMITED · parent
- Kistos Energy Storage Limited 100%
Significant events
- “During 2024, it was announced that Prax Upstream Limited had agreed to acquire TotalEnergies' operated 40% interest in the Greater Laggan Area ("GLA"), with completion expected in June 2025. ... Following its acquisition of Prax Upstream Limited in December 2025, Serica Energy completed the acquisition of the GLA interest ... in the first quarter of 2026.”
- “In April 2024, we acquired Hill Top Farm and Hole House gas storage sites in Cheshire, UK. ... Shortly after the transaction closed, we increased Hill Top Farm's working gas capacity from 17.8 million therms to 22.1 million therms and signed an agreement with a multinational trader to commercialise the site in partnership with Kistos as operator.”
- “At our adjacent Hole House gas storage facility, a final investment decision to return the four caverns to active operation was announced in September 2025.”
- “On 1 November 2024, the following two changes were made to the EPL regime, which became law, effective from that date under the Provisional Collection of Taxes Act (PCOTA): The levy rate was increased to 38.0%; and The 29.0% uplift available for certain categories of CAPEX, which resulted in a 129.0% offset against taxable income, was removed, hence the relief is now restricted to 100.0%.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| OHS SECRETARIES LIMITED | Corporate Secretary | 2020-10-12 | — | — |
| AUSTIN, Andrew Philip | Director | 2020-09-04 | Sep 1965 | British |
| MANN, Peter George | Director | 2022-03-08 | Sep 1980 | British |
| THOMSON, James David Calvert | Director | 2025-01-01 | Feb 1984 | British |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| SLAPE, Richard | Director | 2022-03-08 | 2025-01-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Kistos Plc | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2020-11-25 | Active |
| Mr Andrew Phillip Austin | Individual | Shares 75–100%, Voting 75–100% | 2020-09-04 | Ceased 2020-11-25 |
Filing timeline
Last 20 of 39 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-26 | AA | accounts | Accounts with accounts type full | |
| 2026-07-07 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-06-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-03-05 | CH01 | officers | Change person director company with change date | |
| 2025-12-12 | CH01 | officers | Change person director company with change date | |
| 2025-12-04 | CH01 | officers | Change person director company with change date | |
| 2025-10-04 | AA | accounts | Accounts with accounts type full | |
| 2025-05-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-03 | AP01 | officers | Appoint person director company with name date | |
| 2025-01-03 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-10 | AA | accounts | Accounts with accounts type full | |
| 2024-09-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-22 | AA | accounts | Accounts with accounts type small | |
| 2023-09-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-05 | AD03 | address | Move registers to sail company with new address | |
| 2022-10-14 | AD02 | address | Change sail address company with new address | |
| 2022-10-13 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2022-10-13 | AD01 | address | Change registered office address company with date old address new address | |
| 2022-09-16 | AA | accounts | Accounts with accounts type dormant | |
| 2022-09-13 | CH01 | officers | Change person director company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- 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.