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Cash

£294k

USD 396,000

-91.9% lowest in 3 filed years

Net assets

-£13m

USD -17,672,000

-196.2% lowest in 3 filed years

Employees

Average over period

Profit before tax

-£33m

USD -44,405,000

-674% lowest in 3 filed years

Watchouts

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

Accounts

3-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31

Metric Trend 2022-12-312023-12-312024-12-31 Δ vs prior
Turnover £58,552,954£34,013,378£31,742,847 -6.7%
Operating profit £37,347,454-£3,988,109-£34,377,555 -762%
Profit before tax £37,431,438-£4,263,842-£33,002,601 -674%
Net profit £26,526,198-£4,567,075-£26,791,527 -486.6%
Cash £299,517£3,635,080£294,314 -91.9%
Total assets less current liabilities £25,431,438£30,183,575£10,723,151 -64.5%
Net assets £19,803,047£13,657,376-£13,134,151 -196.2%
Equity £19,803,047£13,657,376-£13,134,151 -196.2%
Average employees 0
Wages
Directors' remuneration £565,589£2,091,416

Figures converted to GBP from USD at 0.743 per USD (Frankfurter spot rate) — hover any figure for the original. 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 2022-12-312023-12-312024-12-31
Operating margin 63.8%-11.7%-108.3%
Net margin 45.3%-13.4%-84.4%
Return on capital employed 146.9%-13.2%-320.6%
Gearing (liabilities / total assets) 162.9%
Current ratio 1.72x2.04x0.72x
Interest cover -14.95x-66.65x

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 6 times since incorporation — the current trading name was adopted 2026-07-14

  1. HARBOUR ENERGY CNS (II) LIMITED 2026-07-14 → present
  2. WALDORF CNS (II) LIMITED 2022-11-16 → 2026-07-14
  3. MOLGROWEST (II) LIMITED 2014-03-28 → 2022-11-16
  4. WINTERSHALL (E&P) LIMITED 2009-05-28 → 2014-03-28
  5. REVUS ENERGY (E&P) LIMITED 2008-03-28 → 2009-05-28
  6. PALACE EXPLORATION COMPANY (E&P) LIMITED 2005-10-10 → 2008-03-28
  7. WALTER UK E&P LIMITED 2003-10-06 → 2005-10-10

Audit & accounting basis

Accounting basis
FRS 101
Reporting scope
Standalone (parent only)
Auditor
Ernst & Young LLP
Audit opinion
Unqualified (clean)
Going concern
Material uncertainty disclosed

“However, noting the matters described above, the Directors identified one material uncertainty that casts significant doubt upon the Waldorf Group's ability to continue as a going concern during the assessment period for the financial statements for the year ended 31 December 2024. The intentions of the Purchaser post completion of the Sale, including the provision of appropriate financial support to the Waldorf Group entities, and the availability of such funds, are not known to the Directors and are therefore uncertain.”

Significant events

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

People

2 active · 34 resigned

Name Role Appointed Born Nationality
MULCAHY, Matthew Director 2025-05-15 Jun 1971 English
TANNER, Paul Martyn Roger Director 2022-11-10 Jul 1973 British
Show 34 resigned officers
Name Role Appointed Resigned
BOLLHAUER, Ulrich Secretary 2010-05-12 2013-10-30
LANDRAK, Ingrid Secretary 2008-02-27 2010-05-12
STORNES, Tina Endresen Secretary 2011-07-21 2014-03-24
BREAMS REGISTRARS AND NOMINEES LIMITED Corporate Nominee Secretary 2003-10-06 2005-09-16
INTERTRUST (UK) LIMITED Corporate Secretary 2014-03-24 2022-11-10
LEDINGHAM CHALMERS LLP Corporate Secretary 2005-09-16 2006-03-31
MD SECRETARIES LIMITED Corporate Secretary 2008-03-19 2014-03-24
MD SECRETARIES LIMITED Corporate Nominee Secretary 2006-04-01 2008-02-27
BIRD, Christopher Terence Director 2014-11-17 2016-01-31
BIRDSONG, Robert Director 2003-11-17 2005-09-16
BOROCZKY, Szabolcs Csaba Director 2016-06-15 2018-01-01
BRODAHL, Erik Director 2022-11-10 2025-05-15
BRUNSMANN, Nico Arnoud Director 2016-02-01 2022-11-10
CHINTALAPATI, Venkata Vardhana Aaditya Director 2022-11-10 2025-05-15
DODDS, Alexander Director 2014-03-24 2015-06-30
DOHERTY-KOBBEN, Sheila Director 2009-08-14 2012-03-20
DZANIC, Alen Director 2018-04-02 2022-11-10
ELLIOTT, Christopher James Director 2008-02-27 2009-08-14
FOGARASI, Attila Director 2014-03-24 2014-11-17
HOWARD, Paul Arthur Director 2005-09-16 2008-02-27
INCHENKO, Ivan Director 2008-02-27 2012-08-31
KEMP, Stephen John Director 2015-07-24 2017-10-02
MCGAVIN, Sarah Louise Director 2018-01-01 2019-04-30
MCGOVERN, Caroline Ann Director 2014-11-17 2015-12-04
NEILSON, Derek Andrew Director 2022-11-10 2024-04-15
RAISZ, Csaba Director 2015-07-24 2016-06-15
SCHRIMPF, Bernd Andreas Director 2011-06-06 2014-03-24
SIEGAL, Richard David Director 2005-09-16 2008-02-27
SKABO, Jon Bard Director 2022-11-10 2025-05-15
TOTH, Kornel Director 2015-07-24 2019-12-01
VARGA, Krisztina Director 2019-12-01 2022-11-10
WALTER 111, Joseph Charles Director 2003-11-17 2005-09-16
ZINKE, Robert Director 2005-10-28 2007-02-07
BREAMS CORPORATE SERVICES Corporate Nominee Director 2003-10-06 2003-11-17

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Waldorf Cns (I) Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2016-04-06 Active

Filing timeline

Last 20 of 194 total filings

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

  • 2026-07-22 MA Memorandum articles
  • 2026-07-22 RESOLUTIONS Resolution
  • 2026-07-14 CERTNM Certificate change of name company PDF
Date Type Category Description
2026-08-03 MR04 mortgage Mortgage satisfy charge full PDF
2026-08-03 MR04 mortgage Mortgage satisfy charge full PDF
2026-07-22 MA incorporation Memorandum articles
2026-07-22 RESOLUTIONS resolution Resolution
2026-07-15 PSC05 persons-with-significant-control Change to a person with significant control PDF
2026-07-15 AD01 address Change registered office address company with date old address new address PDF
2026-07-14 CERTNM change-of-name Certificate change of name company PDF
2026-07-12 AA accounts Accounts with accounts type full
2026-07-12 AP01 officers Appoint person director company with name date PDF
2026-07-12 AP01 officers Appoint person director company with name date PDF
2026-07-12 AD01 address Change registered office address company with date old address new address PDF
2026-07-12 AP01 officers Appoint person director company with name date PDF
2026-07-11 TM01 officers Termination director company with name termination date PDF
2026-07-11 TM01 officers Termination director company with name termination date PDF
2026-01-03 AA accounts Accounts with accounts type full
2025-10-07 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-05-21 AP01 officers Appoint person director company with name date PDF
2025-05-21 TM01 officers Termination director company with name termination date PDF
2025-05-21 TM01 officers Termination director company with name termination date PDF
2025-05-21 TM01 officers Termination director company with name termination date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
16

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

last 12 months

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

Official Companies House page