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Cash

£38k

Latest balance sheet

Net assets

-£6.1m

Equity attributable

Employees

—

Average over period

Profit before tax

£1.1m

Period ending 2026-03-31

Watchouts

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

Accounts

1-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31

Metric Trend 2026-03-31 Δ vs prior
Turnover — —
Operating profit £692,071 —
Profit before tax £1,104,975 —
Net profit £1,022,440 —
Cash £38,382 —
Total assets less current liabilities -£6,129,029 —
Net assets -£6,129,130 —
Equity — —
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 2026-03-31
Gearing (liabilities / total assets) 631.9%
Current ratio 0.16x
Interest cover 1.67x

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 4 times since incorporation

  1. PEEL NRE DEVELOPMENTS LIMITED 2021-01-14 → present
  2. PEEL NRE ENERGY LIMITED 2020-11-20 → 2021-01-14
  3. PEEL L&P ENERGY LIMITED 2019-07-13 → 2020-11-20
  4. PEEL ENERGY LIMITED 2008-07-09 → 2019-07-13
  5. PEEL POWER LIMITED 2007-08-07 → 2008-07-09

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
Deloitte LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“At 31 March 2026 the company is in a position of having net liabilities and net current liabilities. However, after making enquiries, along with the confirmation from Peel NRE Holdings Energy (No.3) Limited that they will continue to provide the necessary level of support to enable it to continue to operate for the 12 months from the signing the financial statements, the directors have concluded they have a reasonable expectation that the company has adequate resources to continue in operational existence for at least 12 months from signing the financial statements and therefore to adopt the going concern basis in preparing the financial statements.”

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

People

5 active · 12 resigned

Name Role Appointed Born Nationality
EVES, Christopher Director 2025-05-19 Jun 1985 British
UNDERWOOD, Steven Keith Director 2007-08-07 Mar 1974 British
WHITTAKER, John Peter Director 2025-05-19 Aug 1982 British
WHITTAKER, John Director 2007-08-07 Mar 1942 British
WHITWORTH, Mark Director 2023-05-03 May 1966 British
Show 12 resigned officers
Name Role Appointed Resigned
LEES, Neil Secretary 2007-08-07 2020-10-15
COLTON, Matthew Paul Director 2023-08-02 2025-08-18
HOSKER, Peter John Director 2008-05-19 2008-05-20
KITCHER, Myles Howard Director 2021-02-01 2024-04-25
KLEIN, Stephen Richard Director 2010-04-22 2010-12-24
LEES, Neil Director 2010-07-30 2020-10-15
LEES, Neil Director 2007-12-21 2008-05-20
MICHAELSON, Richard Owen Director 2007-08-07 2010-07-30
MILLER, David Muir Director 2011-01-19 2020-06-01
SCHOFIELD, John Alexander Director 2016-02-15 2023-09-30
SIMPSON, Andrew Christopher Director 2007-08-07 2009-10-09
WAINSCOTT, Paul Philip Director 2007-08-07 2008-05-20

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Peel Nre Holdings Energy (No.3) Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2016-04-06 Active

Filing timeline

Last 20 of 96 total filings

Date Type Category Description
2026-09-08 AA accounts Accounts with accounts type full PDF
2026-07-10 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-12-31 AA accounts Accounts with accounts type small
2025-08-18 TM01 officers Termination director company with name termination date PDF
2025-07-10 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-05-28 AP01 officers Appoint person director company with name date PDF
2025-05-28 AP01 officers Appoint person director company with name date PDF
2024-11-12 AA accounts Accounts with accounts type small
2024-07-08 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-06-26 CH01 officers Change person director company with change date PDF
2024-06-26 CH01 officers Change person director company with change date PDF
2024-04-25 TM01 officers Termination director company with name termination date PDF
2024-03-02 AA accounts Accounts with accounts type small
2023-10-05 TM01 officers Termination director company with name termination date PDF
2023-08-02 AP01 officers Appoint person director company with name date PDF
2023-07-06 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-05-12 CH01 officers Change person director company with change date PDF
2023-05-11 AP01 officers Appoint person director company with name date PDF
2022-12-30 AA accounts Accounts with accounts type small
2022-07-07 CS01 confirmation-statement Confirmation statement with no updates PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
3

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