MM ENERGY LTD
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-09-06 (in 4mo)
Last made up 2025-08-23
Watchouts
Cash
£1M
+591.4% highest in 6 filed years
Net assets
-£5M
-10.5% lowest in 6 filed years
Employees
5
0% vs 2023
Profit before tax
£751K
+1,207.7% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
We draw attention to Note 1.4 to the financial statements, which indicates that the group had net liabilities of £5,081,335 at 31 December 2024 (2023: £4,599,946) and is dependent on the continued financial support of its shareholder. These conditions indicate the existence of a material uncertainty that may cast significant doubt on the group's ability to continue as a going concern.
-
Audit opinion: Disclaimer of opinion
Latest auditor's report carried a non-clean opinion.
Net assets
6-year trend · vs Utilities median
Accounts
6-year trend · latest reflected 2024-12-31
| Metric | Trend | 2019-06-30 | 2020-06-30 | 2021-06-30 | 2022-06-30 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £1,138,223 | £1,523,191 | |
| Operating profit | — | — | — | — | £136,021 | £699,179 | |
| Profit before tax | — | — | — | — | -£67,811 | £751,136 | |
| Net profit | — | — | — | — | -£64,289 | £767,612 | |
| Cash | £38,620 | £8 | £118,896 | £6,898 | £150,103 | £1,037,836 | |
| Total assets less current liabilities | — | — | — | -£194,927 | -£4,094,254 | -£4,842,012 | |
| Net assets | -£102,876 | -£211,551 | -£236,081 | — | -£4,599,946 | -£5,081,335 | |
| Equity | -£102,876 | -£211,551 | -£236,081 | -£194,927 | -£4,615,087 | -£5,096,429 | |
| Average employees | 0 | 1 | 3 | 3 | 5 | 5 | |
| Wages | — | — | — | — | £143,009 | £175,235 | |
| Directors' remuneration | — | — | — | — | £29,973 | £23,809 |
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
+33.8%
£1,138,223 £1,523,191
-
Cash
+591.4%
£150,103 £1,037,836
highest in 6 filed years
-
Net assets
-10.5%
-£4,599,946 -£5,081,335
lowest in 5 filed years
-
Employees
0%
5 5
-
Operating profit
+414%
£136,021 £699,179
-
Profit before tax
+1,207.7%
-£67,811 £751,136
-
Wages
+22.5%
£143,009 £175,235
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 | 2019-06-30 | 2020-06-30 | 2021-06-30 | 2022-06-30 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | 12.0% | 45.9% | |
| Net margin | — | — | — | — | -5.6% | 50.4% | |
| Return on capital employed | — | — | — | — | -3.3% | -14.4% | |
| Current ratio | — | — | — | — | 0.49x | 0.35x | |
| Interest cover | — | — | — | — | 6.66x | 52.35x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- KLSA LLP
- Audit opinion
- Disclaimer of opinion
- Going concern
- Material uncertainty disclosed
“We draw attention to Note 1.4 to the financial statements, which indicates that the group had net liabilities of £5,081,335 at 31 December 2024 (2023: £4,599,946) and is dependent on the continued financial support of its shareholder. These conditions indicate the existence of a material uncertainty that may cast significant doubt on the group's ability to continue as a going concern.”
Group structure
- MM ENERGY LTD · parent
- Linda Energia SL 100%
- Eight Square SBNV LLC 100%
- Buenos Dias Energia SL 100%
- Buensol Energia SL 100%
- Mami Energia SL 100%
- Mater Energia SL 100%
- Gold Energia Ltda 99.99%
- Linda Energia Ltda 99.99%
- Luce Energia Ltda 99.99%
- Ambre Energia Ltda 99.99%
- Ágata Energia Ltda 99.99%
- Mar Energia Ltda 99.99%
- Monterey Energia Ltda 99.99%
- Rubi Energia Ltda 99.99%
- Mater Energia do Brasil 100%
- Octava Sac (Holding) 99.99%
- Mam Energia S. DE R.L. DE C.V. 99.9%
- Hola Energia S. DE R.L. DE C.V. 99.9%
- Linda Energia S. DE R.L. DE C.V. 99.9%
- Mag Energia S. DE R.L. DE C.V. 99.9%
- Luciernaga Energia S. DE R.L. DE C.V. 99.9%
- Ambra Energia S. DE R.I. DE C.V. 99.9%
- Aurora Energia S. DE R.L. DE C.V. 99.9%
- Alma Energia S. DE R.L. DE C.V. 99.9%
- Ventura Energia S. DE R.L. DE C.V. 99.9%
- Arturo Energia S. DE R.L. DE C.V. 99.9%
- Buensol Energia S. DE R.L. DE C.V. 99.9%
- Alba Energia S. DE R.L. DE C.V. 99.9%
- Mami Energia S. DE R.L. DE C.V. 99.9%
- Coucou Energia S. DE R.L. DE C.V. 99.9%
- Angel Energia S. DE R.L. DE C.V. 99.9%
- Jose Energia S. DE R.L. DE C.V. 99.9%
- Jose Energia S. DE R.L. DE C.V. 99.9%
- Manuel Energia S. DE R.L. DE C.V. 99.9%
- Chamaeleon Energy (Pty) Ltd 100%
- Arcturus Energy (Pty) Ltd 100%
- Altair Energy (Pty) Ltd 100%
- Dorado Energy (Pty) Ltd 100%
- Triangulum Energy (Pty) Ltd 100%
- Mensa Energy (Pty) Ltd 100%
- Lacerta Energy (Pty) Ltd 100%
- Pictor Energy (Pty) Ltd 100%
- Vortum Energy (Pty) Ltd 100%
- Hadar Energy (Pty) Ltd 100%
- Cassiopeia Energy (Pty) Ltd 100%
- Andromeda Energy (Pty) Ltd 100%
- Gianfar Energy (Pty) Ltd 100%
- Procyon Energy (Pty) Ltd 100%
- Rasalas Energy (Pty) Ltd 100%
- Zosma Energy (Pty) Ltd 100%
- Hogar Energy (Pty) Ltd 100%
- Genam Energy (Pty) Ltd 100%
- Rastaban Energy (Pty) Ltd 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DE SANTANA, Cintia | Director | 2019-03-08 | May 1977 | Brazilian,Italian |
| MEHTA, Asvin | Director | 2020-05-04 | Jun 1951 | British |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BERGAMO, Chiara | Director | 2013-03-07 | 2018-02-28 |
| VENTURA, Daniele Riccardo Giorgio | Director | 2018-02-28 | 2022-12-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Signora Margherita Stabiumi | Individual | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 41 total filings
Material constitutional events — rename, articles re-file, resolution
- 2020-11-04 MA Memorandum articles
- 2020-11-04 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-02 | DISS40 | gazette | Gazette filings brought up to date | |
| 2026-04-30 | AA | accounts | Accounts with accounts type group | |
| 2026-03-03 | GAZ1 | gazette | Gazette notice compulsory | |
| 2025-08-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-30 | AA | accounts | Accounts with accounts type total exemption full | |
| 2024-09-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-27 | AA01 | accounts | Change account reference date company current extended | |
| 2023-08-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-03-20 | AA | accounts | Accounts with accounts type total exemption full | |
| 2023-01-13 | TM01 | officers | Termination director company with name termination date | |
| 2022-08-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-03-25 | AA | accounts | Accounts with accounts type total exemption full | |
| 2021-09-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-05-26 | AA | accounts | Accounts with accounts type total exemption full | |
| 2020-11-04 | MA | incorporation | Memorandum articles | |
| 2020-11-04 | RESOLUTIONS | resolution | Resolution | |
| 2020-08-23 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2020-06-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-05-05 | AP01 | officers | Appoint person director company with name date | |
| 2020-03-31 | AA | accounts | Accounts with accounts type total exemption full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- 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.