SPIRIT ENERGY RESOURCES LIMITED
Get an alert when SPIRIT ENERGY RESOURCES LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£30k
-92.6% lowest in 3 filed years
Net assets
-£39m
-887.5% lowest in 3 filed years
Employees
5
0% vs 2024
Profit before tax
-£40m
-10.9% lowest 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 Energy 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 | £118,176,000 | £72,446,000 | £65,547,000 | -9.5% | |
| Operating profit | £32,979,000 | -£43,744,000 | -£25,032,000 | +42.8% | |
| Profit before tax | £29,046,000 | -£35,817,000 | -£39,724,000 | -10.9% | |
| Net profit | -£6,405,000 | £19,843,000 | -£35,176,000 | -277.3% | |
| Cash | £18,035,000 | £404,000 | £30,000 | -92.6% | |
| Total assets less current liabilities | £344,083,000 | £320,417,000 | £263,305,000 | -17.8% | |
| Net assets | -£24,146,000 | -£3,987,000 | -£39,370,000 | -887.5% | |
| Equity | -£24,146,000 | -£3,987,000 | -£39,370,000 | -887.5% | |
| Average employees | — | 5 | 5 | 0% | |
| Wages | — | £292,000 | £142,000 | -51.4% | |
| Directors' remuneration | £728,000 | £292,000 | £142,000 | -51.4% | |
| Directors' pension contributions | £7,000 | £8,000 | £4,000 | -50% | |
| Highest paid director | £196,000 | £126,000 | — | — |
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 | 27.9% | -60.4% | -38.2% | |
| Net margin | -5.4% | 27.4% | -53.7% | |
| Return on capital employed | 9.6% | -13.7% | -9.5% | |
| Gearing (liabilities / total assets) | 106.0% | 101.0% | 110.7% | |
| Current ratio | 1.73x | — | — | |
| Interest cover | 5.73x | -5.52x | -1.36x |
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 5 times since incorporation
- SPIRIT ENERGY RESOURCES LIMITED 2017-12-12 → present
- SPIRIT NORWAY LIMITED 2017-12-11 → 2017-12-12
- CENTRICA RESOURCES LIMITED 1998-11-26 → 2017-12-11
- POWERGEN NORTH SEA LIMITED 1995-06-05 → 1998-11-26
- POWERGEN (NORTH SEA) LIMITED 1994-02-02 → 1995-06-05
- SUBMITRECORD COMPANY LIMITED 1993-09-21 → 1994-02-02
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The parent company, Spirit Energy Limited, confirms it will continue to provide financial support to the Company to ensure it can meet its obligations as they fall due, for at least 20 months following from 27 April 2026, provided the Company remains a member of the Group. The amounts owed to group undertakings will not be required to be repaid to Spirit Energy Limited for at least 12 months following the signing of the financial statements. Therefore, the Directors continue supporting the use of the going concern basis in preparing these financial statements.”
Significant events
- “A possible contingent liability has been identified in relation to a mismeasurement in the Armada hub. At this time, we are not able to reliably estimate the contingent liability and the Company's financial exposure as a result of the mismeasurement.”
- “Subsequent to the year end, escalating conflict in the Middle East has driven increased volatility in global commodity markets and heightened overall economic uncertainty. Rising energy prices have contributed to higher cash flows in the Company in period following the year-end.”
- “Subsequent to the year-end, the Company entered into a commercial discussion with a third-party for the sale of its interests in a late-life asset. Discussions are well progressed and the Sale and Purchase Agreement is anticipated to be signed in H2 2026.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 68 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BROWELL-HOOK, Matthew David | Director | 2025-09-01 | Mar 1983 | British |
| HARRISON, Nicholas Charles | Director | 2024-07-31 | Jan 1967 | British |
| HEPBURN, Peter Wilson | Director | 2025-07-18 | Dec 1971 | British |
Show 68 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CALDWELL, Lucy Elizabeth | Secretary | 1999-01-04 | 2001-01-31 |
| FURMSTON, Teresa Jane | Secretary | 1999-01-04 | 1999-02-22 |
| GARRHY, Anne | Secretary | 1998-11-26 | 1999-01-04 |
| GUBBINS, William Evelyn Chevalier | Secretary | 1994-02-01 | 1998-11-26 |
| JACKSON, David John | Secretary | 1993-10-13 | 1994-02-01 |
| MACLEOD, Nicola | Secretary | 2019-01-29 | 2024-07-31 |
| RITCHIE, Ian | Secretary | 1999-07-26 | 2001-01-31 |
| CENTRICA SECRETARIES LIMITED | Corporate Secretary | 2001-01-31 | 2018-12-31 |
| SWIFT INCORPORATIONS LIMITED | Corporate Nominee Secretary | 1993-09-21 | 1993-10-13 |
| ASTROP, John Wilson | Director | 1997-05-08 | 1998-11-26 |
| BARBER, Rodney George | Director | 1996-12-23 | 1998-11-26 |
| BARTHOLOMEW, Iain Douglas, Dr | Director | 2010-02-08 | 2014-01-01 |
| BENNETT, Alan | Director | 2004-02-02 | 2005-04-28 |
| BEVINGTON, Andrew Richard | Director | 2014-01-01 | 2016-07-13 |
| BIRD, Christopher Terence | Director | 2010-02-08 | 2012-04-16 |
| CLARE, Mark Sydney | Director | 1998-11-26 | 1999-03-15 |
| CLARK, Simon Richard | Director | 2007-06-28 | 2011-01-14 |
| CLARKE, David | Director | 1999-03-15 | 2003-09-17 |
| COHEN, Colette Brigid | Director | 2014-01-01 | 2016-06-30 |
| COLE, Peter | Director | 2004-02-02 | 2010-01-27 |
| COLLINSON, Graeme Stuart, Dr | Director | 2009-02-13 | 2011-11-11 |
| COX, Christopher Martin | Director | 2016-03-01 | 2017-12-08 |
| DAWSON, Ian Grant | Director | 1998-11-26 | 1999-03-15 |
| DE LEEUW, Paul | Director | 2011-05-11 | 2013-08-16 |
| DUNN, Nicholas James | Director | 2005-04-28 | 2006-01-19 |
| GARSTANG, Michael John | Director | 2001-10-24 | 2008-06-30 |
| GOWER-JONES, Anthony David | Director | 2011-11-25 | 2014-01-01 |
| HANAFIN, Vincent Mark | Director | 2008-07-31 | 2010-02-08 |
| HARRISON, Gerald Martin | Director | 2017-12-08 | 2022-06-24 |
| HEDLEY, Paul Ian, Mr. | Director | 2011-09-01 | 2013-10-25 |
| HENSHAW, Anthony Charles | Director | 1999-04-06 | 2004-02-02 |
| HENSHAW, Anthony Charles | Director | 1996-04-25 | 1998-11-26 |
| HOUGHTON, David Patrick | Director | 1996-04-25 | 1997-10-08 |
| JACKSON, David John | Director | 1993-10-13 | 1994-02-01 |
| JOHN, Hywel Rhys Richard | Director | 1998-02-16 | 1998-11-26 |
| JONES, Dennis Gareth | Director | 2019-11-01 | 2024-08-30 |
| KABRA, Girish Rajkumar | Director | 2022-08-05 | 2025-03-13 |
| KEMP, Stephen John | Director | 2010-03-05 | 2012-04-16 |
| KING, Deryk Irving | Director | 1998-03-19 | 1998-06-29 |
| KINGSTON, Peter Eric | Director | 1994-03-30 | 1998-11-26 |
| LAPPIN, Mark Stephen | Director | 2014-01-01 | 2016-07-13 |
| LE POIDEVIN, Andrew Daryl | Director | 2017-07-14 | 2019-05-31 |
| LE POIDEVIN, Andrew Daryl | Director | 2006-01-19 | 2011-10-05 |
| LUMSDEN, Roy Andrew | Director | 2015-06-05 | 2017-07-14 |
| MACLEOD, Nicola Jane | Director | 2018-09-11 | 2024-07-31 |
| MADDOCK, Nicholas William | Director | 2010-02-08 | 2011-07-05 |
| MARTINSEN, Rune | Director | 2018-06-01 | 2018-12-31 |
| MCCALLUM, Craig | Director | 2012-04-16 | 2014-01-01 |
| MCCULLOCH, Neil James | Director | 2019-01-01 | 2023-09-29 |
| MCGINIGAL, Scott | Director | 2023-09-29 | 2025-07-18 |
| MCKENNA, Gregory Craig | Director | 2010-02-08 | 2014-01-01 |
| MELAND, Steinar | Director | 2016-07-13 | 2017-12-08 |
| MEW, Richard Martin | Director | 2006-05-15 | 2010-02-08 |
| MORGAN, Jonathan Richard, Dr | Director | 1994-02-01 | 1998-11-26 |
| OZSANLAV, Richard | Director | 2014-02-28 | 2015-06-05 |
| RENNOCKS, John Leonard | Director | 1994-02-01 | 1996-07-15 |
| ROBERTS, Alfred, Dr | Director | 1993-10-13 | 1997-09-19 |
| ROBERTSON, Kenneth Murray | Director | 2014-01-01 | 2017-12-08 |
| ROGER, Jonathan Leslie | Director | 2010-02-08 | 2013-05-20 |
| SAMBHI, Sarwjit | Director | 2013-05-20 | 2016-02-29 |
| SAMBHI, Sarwjit | Director | 2003-09-17 | 2005-04-28 |
| SHEARS, John Nicholas | Director | 2005-04-28 | 2010-02-08 |
| SHEARS, John Nicholas | Director | 1999-03-15 | 2002-01-01 |
| TANNER, Paul Martyn, Roger | Director | 2016-07-13 | 2018-05-31 |
| ULRICH, Jacob Shields | Director | 1998-11-26 | 2008-07-31 |
| WEIR, Fraser Dawson | Director | 2016-07-13 | 2018-05-31 |
| WILSON, David Ross, Eur Ing | Director | 2010-03-05 | 2013-10-03 |
| INSTANT COMPANIES LIMITED | Corporate Nominee Director | 1993-09-21 | 1993-10-13 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Spirit Energy Limited | Corporate entity | Shares 75–100%, Voting 75–100% (as firm), Appoints directors | 2017-09-29 | Active |
| Gb Gas Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2017-09-29 |
Filing timeline
Last 20 of 276 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-17 | AA | accounts | Accounts with accounts type full | |
| 2026-06-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-08 | AA | accounts | Accounts with accounts type full | |
| 2025-09-04 | AP01 | officers | Appoint person director company with name date | |
| 2025-07-25 | CH01 | officers | Change person director company with change date | |
| 2025-07-25 | CH01 | officers | Change person director company with change date | |
| 2025-07-21 | CH01 | officers | Change person director company with change date | |
| 2025-07-21 | AP01 | officers | Appoint person director company with name date | |
| 2025-07-21 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-03-21 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-03 | TM01 | officers | Termination director company with name termination date | |
| 2024-08-07 | AP01 | officers | Appoint person director company with name date | |
| 2024-08-05 | TM01 | officers | Termination director company with name termination date | |
| 2024-08-05 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-07-11 | AA | accounts | Accounts with accounts type full | |
| 2024-06-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-12 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-10-13 | AP01 | officers | Appoint person director company with name date | |
| 2023-10-11 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- 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.