NEXTEARTH LTD

Figures converted to GBP from EUR at 0.870 per EUR (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  -21.6%

  £289,387,915 → £226,819,819

• Cash

  +157.9%

  £18,087,963 → £46,645,724

  highest in 6 filed years

• Net assets

  +3.3%

  £58,865,404 → £60,784,306

  highest in 6 filed years

• Employees

  +35.4%

  48 → 65

  highest in 6 filed years

• Operating profit

  -95.3%

  £68,421,866 → £3,247,219

• Profit before tax

  -93.9%

  £68,374,633 → £4,144,777

• Wages

  +24.5%

  £3,352,299 → £4,173,602

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

MHA

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group's or the parent Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. NEXTEARTH LTD · parent
   1. OHM Energie 100% · Paris

Significant events

• “The French Energy Regulatory Commission (CRE) is currently reviewing the ARENH allocation for the period 2020 to 2022 for a number of French energy supplier including OHM-Energie. Post year end €6,000,000 was paid to the French Energy Regulatory Commission (CRE). This amount has been included in provisions at the year end noted in note 23.”
• “The Direction Generale de la Concurrence, de la consommation et de la repression des fraudes (DGCCRG)... is currently reviewing that OHM Energie has not engaged in any misleading commercial practices. Post year end €45,033,484 was paid to The Direction General de la Concurrence... This amount has been included in other creditors noted in note 20.”

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

Filings

4

last 12 months

Capital events

1

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.