CERES ENERGY 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

  -26.5%

  £112,799,207 → £82,902,949

• Cash

  -20%

  £20,361,649 → £16,294,478

• Net assets

  +15.4%

  £14,020,107 → £16,184,320

  highest in 5 filed years

• Employees

  +17.6%

  17 → 20

  highest in 5 filed years

• Operating profit

  -10.5%

  £4,371,729 → £3,911,359

• Profit before tax

  -4.1%

  £4,306,572 → £4,129,492

• Wages

  +19.9%

  £780,785 → £935,772

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. CERES ENERGY LIMITED 2013-06-28 → present
2. TETHRA ENERGY LIMITED 2008-03-19 → 2013-06-28
3. CROSSCO (1088) LIMITED 2008-02-01 → 2008-03-19

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Counting North

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”

Group structure

1. CERES ENERGY LIMITED · parent
   1. Barrow Shipping Limited 70% · Gas shipping services
   2. Ceres Energy Solutions Limited 100% · Dormant
   3. Eris Energy Limited 100% · Holding investments

Significant events

• “The directors present their report and financial statements for the year ended 31 December 2024.”
• “Gas prices increased steadily throughout the year and, while the volatile prices of 2022 did not return, geopolitical events, such as the US election and conflict in the Middle East, meant that many current and prospective market participants remained cautious.”
• “The delayed developments of the biomethane market described above led to a lower profit before tax in 2024 compared to 2023.”
• “a number of new plants are due to be connected to the gas grid in the coming months and years, and the Company is well placed to become the gas Shipper for these sites.”

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

2

last 12 months

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