GRAN TIERRA UK LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-04-12 (in 11mo)
Last made up 2026-03-29
Watchouts
None on the register
Cash
£317K
+860.6% vs 2023
Net assets
£108M
-49.5% vs 2023
Employees
1
-50% vs 2023
Profit before tax
-£97M
-2,823.3% vs 2023
Net assets
2-year trend · vs Energy median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | — | — | |
| Operating profit | -£2,669,000 | -£5,664,000 | |
| Profit before tax | £3,572,000 | -£97,275,000 | |
| Net profit | £3,047,000 | -£97,289,000 | |
| Cash | £33,000 | £317,000 | |
| Total assets less current liabilities | £233,675,000 | £107,530,000 | |
| Net assets | £213,097,000 | £107,530,000 | |
| Equity | £213,097,000 | £107,530,000 | |
| Average employees | 2 | 1 | |
| Wages | £1,072,000 | £887,000 | |
| Directors' remuneration | £1,415,000 | £3,698,000 |
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
—
Not reported
-
Cash
+860.6%
£33,000 £317,000
-
Net assets
-49.5%
£213,097,000 £107,530,000
-
Employees
-50%
2 1
-
Operating profit
-112.2%
-£2,669,000 -£5,664,000
-
Profit before tax
-2,823.3%
£3,572,000 -£97,275,000
-
Wages
-17.3%
£1,072,000 £887,000
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Return on capital employed | -1.1% | -5.3% | |
| Gearing (liabilities / total assets) | 14.2% | 27.9% | |
| Current ratio | 0.01x | 0.01x | |
| Interest cover | -0.88x | -3.78x |
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.
Name history
Renamed 2 times since incorporation
- GRAN TIERRA UK LIMITED 2024-11-27 → present
- GRAN TIERRA UK PLC 2024-11-27 → 2024-11-27
- I3 ENERGY PLC 2017-03-30 → 2024-11-27
Audit & accounting basis
- Accounting basis
- UK-adopted international accounting standards
- Reporting scope
- Standalone (parent only)
- Auditor
- PKF Littlejohn LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have, at the time of approving the financial statements, a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future, thus they continue to adopt the going concern basis of accounting in preparing the financial statements. The Company is dependent on and has the financial support of the Gran Tierra Group.”
Group structure
- GRAN TIERRA UK LIMITED · parent
- Gran Tierra North Sea Limited 100%
- Gran Tierra Canada Ltd. 100%
Significant events
- “In March 2024, the Company prepaid the entirety of the balance due on its Prepayment Agreement with Trafigura Canada Ltd., funded through an initial draw on the newly established Credit Facility at Gran Tierra Canada Ltd.”
- “On 15 April 2024 the Company completed a bonus issuance of 1,202,447,663 of newly created capital reduction deferred shares, which were cancelled on 11 July 2024, increasing distributable reserves by £148.6 million.”
- “On 31 October 2024, Gran Tierra Energy Inc. acquired all issued and outstanding ordinary shares of the Company's parent, i3 Energy Plc (renamed Gran Tierra UK Limited), resulting in Gran Tierra indirectly holding 100% of the Company's shares.”
- “On 4 June 2025, Gran Tierra announced an agreement to sell Gran Tierra North Sea Limited to NEO Energy for total consideration of US$7.5 Million, subject to customary conditions precedent and expected to close in Q3 2025.”
- “In April 2025, The Company and its subsidiary, Gran Tierra North Sea Limited, executed a Deed of Release which provided that Gran Tierra North Sea Limited was irrevocably and unconditionally released and discharged from all obligation to pay or otherwise settle and loan balances owed to Gran Tierra UK Limited.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 9 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CENTRALIS UK LIMITED | Corporate Secretary | 2024-11-04 | — | — |
| HEWITSON, Adam | Director | 2024-11-04 | Nov 1977 | British |
| LISTER, Amy Elizabeth Dane | Director | 2024-11-04 | Oct 1983 | British |
| ZUTARA, Pedro Ernesto | Director | 2024-11-04 | Dec 1980 | Canadian |
Show 9 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BURNESS PAULL LLP | Corporate Secretary | 2017-03-30 | 2024-11-04 |
| AMES, Richard Millington | Director | 2017-07-18 | 2024-11-04 |
| BEAL, Linda Janice | Director | 2019-09-13 | 2024-11-04 |
| CARSON, Neill Ashley, Mr. | Director | 2017-03-30 | 2024-11-04 |
| FESTIVAL, John Larry | Director | 2020-11-02 | 2024-11-04 |
| HEATH, Graham Andrew | Director | 2017-03-30 | 2022-09-28 |
| HEATH, Ryan | Director | 2022-12-19 | 2024-11-04 |
| KNOX, David John Wissler | Director | 2017-07-18 | 2020-02-06 |
| SHAFIQ, Majid | Director | 2017-07-18 | 2024-11-04 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Gran Tierra Energy Inc. | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2024-10-31 | Active |
| Mr. Neill Ashley Carson | Individual | Shares 25–50%, Voting 25–50% | 2017-06-26 | Ceased 2018-02-05 |
| Graham Andrew Heath | Individual | Shares 25–50%, Voting 25–50% | 2017-03-30 | Ceased 2018-02-05 |
Filing timeline
Last 20 of 143 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-11-27 CERT11 Certificate change of name re registration public limited company to private
- 2024-11-27 RR02 Reregistration public to private company
- 2024-11-27 RESOLUTIONS Resolution
- 2024-11-27 CERTNM Certificate change of name company
- 2024-11-27 CONNOT Change of name notice
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-02 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-04-02 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-08-01 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-08-01 | PSC09 | persons-with-significant-control | Withdrawal of a person with significant control statement | |
| 2025-07-07 | AA | accounts | Accounts with accounts type group | |
| 2025-05-07 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-11-27 | CERT11 | change-of-name | Certificate change of name re registration public limited company to private | |
| 2024-11-27 | RR02 | change-of-name | Reregistration public to private company | |
| 2024-11-27 | MAR | incorporation | Re registration memorandum articles | |
| 2024-11-27 | RESOLUTIONS | resolution | Resolution | |
| 2024-11-27 | CERTNM | change-of-name | Certificate change of name company | |
| 2024-11-27 | CONNOT | change-of-name | Change of name notice | |
| 2024-11-21 | AD02 | address | Change sail address company with old address new address | |
| 2024-11-20 | TM01 | officers | Termination director company with name termination date | |
| 2024-11-20 | TM01 | officers | Termination director company with name termination date | |
| 2024-11-20 | TM01 | officers | Termination director company with name termination date | |
| 2024-11-20 | TM01 | officers | Termination director company with name termination date | |
| 2024-11-20 | TM01 | officers | Termination director company with name termination date | |
| 2024-11-20 | TM01 | officers | Termination director company with name termination date | |
| 2024-11-20 | TM02 | officers | Termination secretary company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- 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.