COLUMBUS ENERGY RESOURCES LIMITED

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

• Turnover

  +64.4%

  £223,732 → £367,820

• Cash

  +108.7%

  £5,662 → £11,819

• Net assets

  -1.6%

  -£6,594,942 → -£6,699,376

• Employees

  0%

  3 → 3

• Operating profit

  -111.7%

  £889,823 → -£104,441

• Profit before tax

  -111.7%

  £890,392 → -£104,434

  lowest in 4 filed years

• Wages

  +66%

  £179,253 → £297,514

  highest in 4 filed years

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

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.

1. COLUMBUS ENERGY RESOURCES LIMITED 2020-12-10 → present
2. COLUMBUS ENERGY RESOURCES PLC 2017-06-14 → 2020-12-10
3. LGO ENERGY PLC 2014-11-04 → 2017-06-14
4. LENI GAS & OIL PLC 2006-08-09 → 2014-11-04

Accounting basis

IFRS

Reporting scope

Standalone (parent only)

Auditor

Grant Thornton

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis, refer to note 1.21 for more details, including the Company's dependence on parent company support and fundamental uncertainties.”

Group structure

1. COLUMBUS ENERGY RESOURCES LIMITED · parent
   1. Columbus Energy Holdings Ltd 100% · Cyprus
   2. Columbus Energy (Cyprus) Ltd 100% · Cyprus
   3. BPC Uruguay Holdings Ltd 100% · United Kingdom
   4. Columbus Energy CPS (Cyprus) Ltd 100% · Cyprus
   5. Columbus Energy Byron Ltd 100% · Cyprus
   6. Columbus Energy Investments Ltd 100% · Cyprus
   7. Compañia Petrolifera de Sedano S.L.U. 100% · Spain
   8. CEG Uruguay S.A. 100% · Uruguay
   9. CEG Off-3 Uruguay S.A. 100% · Uruguay

Significant events

• “On 18 February 2025, the CEG Group announced that it has entered a transaction for the sale of its St Lucia domiciled subsidiary company, Columbus Energy (St. Lucia) Limited, which in turn holds various subsidiary entities collectively representing all of the CEG Group's business, assets and operations in Trinidad and Tobago. The total transaction value agreed was $6 million (which could increase to up to $8 million under certain future production criteria) whereby the CEG Group will receive cash and liquid securities of $1.75 million made up of an initial deposit of $0.25 million in Predator Oil and Gas Holdings Plc ("POGH") shares; $0.75 million on completion - $0.25 million in cash and $0.5 million in POGH shares; and $0.75 million, in cash, in three equal instalments at year-end 2025, 2026 and 2027; and on completion the buyer will assume all liabilities, provisions and potential exposures of the business, assets and operations in Trinidad and Tobago, which for the purposes of the transaction were agreed to be $4.25 million. At year-end 2027, an additional contingent payment of potentially up to $2 million is also available, under certain conditions linked to production exceeding 750 bopd. Completion of the sale is subject to prior approval of (i) the CEG Group's shareholders, and (ii) appropriate regulatory approval in Trinidad and Tobago, with both approvals to be obtained prior to 30 April 2025 (or such later date as the parties may agree).”
• “On 27 March 2025, the CEG Group received shareholder approval for the transaction to proceed following the passing of a resolution at an extraordinary general meeting.”
• “On 2 April 2025, the CEG Group announced that its ordinary shares had been approved to trade on the OTCQB Venture Market ("OTCQB") in the United States, and commenced trading on this day, under the ticker symbol "BHSPF". Trading of the parent company's shares on the OTCQB does not affect trading of the parent company's ordinary shares on AIM, which continues under the symbol "CEG", and no new ordinary shares were issued through this process.”
• “On 6 May 2025, the CEG Group and the buyer agreed to a 60-day extension for completion of the sale, to 30 June 2025, to allow for additional time to secure the requisite regulatory approvals, given administrative uncertainty due to the snap-election called in Trinidad and Tobago in March 2025.”
• “On 1 July 2025, the CEG Group and the buyer agreed to further extend the date for closing of the sale transaction to seven days after the grant of regulatory approval, with a revised longstop date of 30 August 2025. As at the date of this report, completion of the transaction remains pending.”

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

Filings

8

last 12 months

Capital events

2

last 24 months

Officers appointed

0

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.