KINECX ENERGY LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-03-07 (in 10mo)
Last made up 2026-02-21
Watchouts
None on the register
Cash
£18M
+210% vs 2023
Net assets
-£7M
+45.4% vs 2023
Employees
110
-5.2% vs 2023
Profit before tax
£46M
+797.5% vs 2023
Net assets
2-year trend · vs Utilities median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £31,225,258 | £39,927,690 | |
| Operating profit | £14,398,411 | £22,578,926 | |
| Profit before tax | £5,158,299 | £46,296,982 | |
| Net profit | £3,830,109 | £43,759,103 | |
| Cash | £5,814,095 | £18,022,690 | |
| Total assets less current liabilities | £199,410,258 | £188,136,503 | |
| Net assets | -£11,994,858 | -£6,553,961 | |
| Equity | -£11,994,858 | -£6,553,961 | |
| Average employees | 116 | 110 | |
| Wages | £6,681,068 | £6,072,693 | |
| Directors' remuneration | £360,849 | £390,510 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+27.9%
£31,225,258 £39,927,690
-
Cash
+210%
£5,814,095 £18,022,690
-
Net assets
+45.4%
-£11,994,858 -£6,553,961
-
Employees
-5.2%
116 110
-
Operating profit
+56.8%
£14,398,411 £22,578,926
-
Profit before tax
+797.5%
£5,158,299 £46,296,982
-
Wages
-9.1%
£6,681,068 £6,072,693
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 46.1% | 56.5% | |
| Net margin | 12.3% | 109.6% | |
| Return on capital employed | 7.2% | 12.0% | |
| Gearing (liabilities / total assets) | 105.6% | 103.2% | |
| Current ratio | 1.08x | 1.06x | |
| Interest cover | 1.33x | 2.11x |
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 3 times since incorporation — the current trading name was adopted 2025-09-17
- KINECX ENERGY LIMITED 2025-09-17 → present
- FIRMUS ENERGY (DISTRIBUTION) LIMITED 2006-05-04 → 2025-09-17
- BGE (NI) DISTRIBUTION LIMITED 2005-03-17 → 2006-05-04
- BEACHSWITCH LIMITED 2005-02-24 → 2005-03-17
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“As a result, and after making appropriate enquiries, the directors have a reasonable expectation that the Company has adequate resources to continue in operation for the foreseeable future and the financial statements have been prepared on a going-concern basis.”
Group structure
- KINECX ENERGY LIMITED · parent
- Firmus Energy (Supply) Limited 100%
Significant events
- “The Company disposed of its subsidiary Firmus Energy (Supply) Limited, a supplier of gas, on 1st November 2024. The sale generated cash proceeds, net of costs, of £33.6m.”
- “A final dividend of £49,200,000 was paid in 2024 which included an exceptional dividend following the disposal of Firmus Energy (Supply) Limited on 1st November 2024.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
9 active · 29 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CURRAN, Denise | Secretary | 2019-09-26 | — | — |
| DOBBIN, David, Dr | Director | 2020-01-01 | May 1955 | British |
| ELLIOTT, Stephen John | Director | 2022-10-01 | Dec 1957 | British |
| JONES, Sion Laurence | Director | 2019-03-01 | Apr 1974 | British |
| MARTINDALE, Niall | Director | 2022-07-01 | Sep 1974 | Irish |
| O'FLAHERTY, Peter Bartholomew | Director | 2019-11-20 | Jul 1973 | Irish |
| OBLATH, Richard Michael, Dr | Director | 2023-03-27 | Nov 1954 | British |
| PYPER, Jennifer Kathryn | Director | 2021-11-01 | Feb 1963 | Northern Irish |
| TOLLEY, Sophia | Director | 2019-11-20 | Nov 1987 | British |
Show 29 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BARRY, Bartholomew Joseph | Secretary | 2005-03-16 | 2006-04-25 |
| BELL, Andrew Alexander Gregory | Secretary | 2014-06-30 | 2018-09-14 |
| MCKEOWN, Norman | Secretary | 2018-09-21 | 2019-08-30 |
| O'RIORDAN, William Gerard | Secretary | 2006-04-25 | 2011-12-08 |
| O'SULLIVAN, Richard David | Secretary | 2011-12-08 | 2014-06-30 |
| SWIFT INCORPORATIONS LIMITED | Corporate Nominee Secretary | 2005-02-24 | 2005-03-16 |
| BARRY, John | Director | 2007-09-03 | 2010-10-21 |
| BELL, Andrew Alexander Gregory | Director | 2014-06-30 | 2018-09-14 |
| BHUWANIA, Achal Prakash | Director | 2019-03-01 | 2019-11-20 |
| COWHIG, Ger | Director | 2014-05-28 | 2014-06-30 |
| DALTON, Patrick | Director | 2005-03-16 | 2006-03-31 |
| JOHNSON, Sarah Elizabeth | Director | 2017-06-08 | 2019-02-13 |
| KING, Deryk Irving | Director | 2014-06-30 | 2019-02-13 |
| KIRWAN, Michael David | Director | 2010-10-21 | 2014-05-30 |
| LANE, Margaret | Director | 2014-05-28 | 2014-06-30 |
| MALAN, Paul Richard | Director | 2014-06-30 | 2017-06-08 |
| MOORE, Peter John | Director | 2014-06-30 | 2019-02-13 |
| MULLINS, John | Director | 2011-06-16 | 2012-12-31 |
| O'BRIEN, Tom | Director | 2011-12-08 | 2014-05-30 |
| O'FLYNN, Joseph | Director | 2011-06-16 | 2014-05-30 |
| O'HANRAHAN, Patrick Pearse | Director | 2006-04-25 | 2010-06-12 |
| O'RIORDAN, Liam | Director | 2014-05-28 | 2014-06-30 |
| O'SULLIVAN, Michael | Director | 2014-10-22 | 2022-12-31 |
| O'SULLIVAN, Michael | Director | 2012-12-31 | 2013-03-26 |
| O'SULLIVAN, Michael | Director | 2006-12-08 | 2011-12-08 |
| REAVEY, Angela | Director | 2014-10-22 | 2023-08-31 |
| SCOTT, Michael Patrick Gerrard | Director | 2014-06-30 | 2021-10-19 |
| WALSH, Robert Gerard | Director | 2005-03-16 | 2007-07-31 |
| INSTANT COMPANIES LIMITED | Corporate Nominee Director | 2005-02-24 | 2005-03-16 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Deka Energy Enterprises Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 162 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-09-17 CERTNM Certificate change of name company PDF
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-02-11 | CH01 | officers | Change person director company with change date | |
| 2026-01-05 | CH01 | officers | Change person director company with change date | |
| 2025-09-17 | CERTNM | change-of-name | Certificate change of name company | |
| 2025-09-04 | AA | accounts | Accounts with accounts type full | |
| 2025-07-22 | CH01 | officers | Change person director company with change date | |
| 2025-07-21 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-07-21 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-02-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-12 | MR05 | mortgage | Mortgage charge part both with charge number | |
| 2024-09-17 | AA | accounts | Accounts with accounts type full | |
| 2024-02-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-01-04 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-01-02 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-12-21 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-12-21 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-12-20 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-09-27 | AA | accounts | Accounts with accounts type full | |
| 2023-09-11 | TM01 | officers | Termination director company with name termination date | |
| 2023-04-04 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- 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.