SHALCO ENERGY LIMITED

• ⚠

  Material uncertainty over going concern

  There is a material uncertainty related to events or conditions that may cast significant doubt on the entity's ability to continue as a going concern and, therefore, that it may be unable to realise its assets and discharge its liabilities in the normal course of business. ... The group incurred a net loss of £8,779,315 (2024: £7,344,316) during the year ended 31 January 2025 and, at that date, the group's current liabilities exceeded its total assets by £49,503,765 (2024: £40,724,450). These conditions, along with the other matters explained in note 1.4 to the financial statements, indicate the existence of a material uncertainty which may cast significant doubt about the company's ability to continue as a going concern.

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

  -33%

  £21,232 → £14,231

• Cash

  -13.3%

  £35,126 → £30,468

• Net assets

  -21.6%

  -£40,724,450 → -£49,503,765

• Employees

  —

  Not reported

• Operating profit

  +97.2%

  -£146,068 → -£4,089

• Profit before tax

  -19.5%

  -£7,344,316 → -£8,779,315

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.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

UHY Farrelly Dawe White Limited

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“There is a material uncertainty related to events or conditions that may cast significant doubt on the entity's ability to continue as a going concern and, therefore, that it may be unable to realise its assets and discharge its liabilities in the normal course of business. ... The group incurred a net loss of £8,779,315 (2024: £7,344,316) during the year ended 31 January 2025 and, at that date, the group's current liabilities exceeded its total assets by £49,503,765 (2024: £40,724,450). These conditions, along with the other matters explained in note 1.4 to the financial statements, indicate the existence of a material uncertainty which may cast significant doubt about the company's ability to continue as a going concern.”

Group structure

1. SHALCO ENERGY LIMITED · parent
   1. Shalco Energy (Delaware) LLC 100% · Delaware

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

Filings

3

last 12 months

Capital events

0

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.