JOE ENERGY LIMITED
Get an alert when JOE ENERGY LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-07-08 (in 2mo)
Last made up 2025-06-24
Watchouts
None on the register
Cash
£2M
+7.7% highest in 3 filed years
Net assets
£3M
+12.5% highest in 3 filed years
Employees
14
-6.7% vs 2023
Profit before tax
£381K
+46.8% vs 2023
Net assets
5-year trend · vs Consumer Discretionary median
Accounts
5-year trend · latest reflected 2024-12-31
| Metric | Trend | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|
| Turnover | — | — | — | £34,114,229 | £31,700,797 | |
| Operating profit | — | — | — | £280,904 | £458,353 | |
| Profit before tax | — | — | — | £259,798 | £381,441 | |
| Net profit | — | — | — | £198,564 | £284,026 | |
| Cash | £1,136,967 | — | — | £1,927,536 | £2,075,879 | |
| Total assets less current liabilities | — | — | — | £3,113,189 | £2,725,071 | |
| Net assets | £457,326 | — | — | £2,278,296 | £2,562,322 | |
| Equity | £457,326 | £1,122,904 | £2,079,732 | £2,278,296 | £2,562,322 | |
| Average employees | 13 | — | — | 15 | 14 | |
| Wages | — | — | — | £533,277 | £498,986 | |
| Directors' remuneration | — | — | — | £127,338 | £91,174 |
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
-7.1%
£34,114,229 £31,700,797
-
Cash
+7.7%
£1,927,536 £2,075,879
highest in 3 filed years
-
Net assets
+12.5%
£2,278,296 £2,562,322
highest in 3 filed years
-
Employees
-6.7%
15 14
-
Operating profit
+63.2%
£280,904 £458,353
-
Profit before tax
+46.8%
£259,798 £381,441
-
Wages
-6.4%
£533,277 £498,986
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 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|
| Operating margin | — | — | — | 0.8% | 1.4% | |
| Net margin | — | — | — | 0.6% | 0.9% | |
| Return on capital employed | — | — | — | 9.0% | 16.8% | |
| Current ratio | — | — | — | 1.57x | 1.75x | |
| Interest cover | — | — | — | 13.31x | 5.96x |
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
- Standalone (parent only)
- Auditor
- Johnston Carmichael LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on a going concern basis. In forming this view, the directors have considered the Company's current financial position, including the result for the year ended 31 December 2024, being a profit before tax of £381k and prepared forecasts and projections covering a period of at least twelve months from the date of approval of these financial statements.”
Significant events
- “While revenue decreased by 7% mostly due to the global oil price reducing over the year, business performance continued to grow resulting in an increase in profit of 47%.”
- “This is due to the sale of the Middlesbrough customer list to Johnston Oils Limited as a going concern.”
- “In line with the business growth plans, we have established a new distribution depot serving the South Wales area. This facility continues to expand and reinforces our commitment to sustainable growth in the medium to long term.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| RUSSELL, Geoff Campbell | Secretary | 2018-07-03 | — | — |
| JOHNSTON, Sam | Director | 2018-07-03 | Jun 1983 | British |
| WILLIAMS, Anthony | Director | 2018-07-03 | Nov 1987 | British |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HUGHES, David William | Director | 2018-07-03 | 2018-07-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Samuel David Johnston | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2018-07-03 | Active |
Filing timeline
Last 19 of 19 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-09-30 | AA | accounts | Accounts with accounts type full | |
| 2025-06-24 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-12-20 | AA | accounts | Accounts with accounts type full | |
| 2024-06-30 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-09-25 | AA | accounts | Accounts with accounts type total exemption full | |
| 2023-06-30 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-09-30 | AA | accounts | Accounts with accounts type total exemption full | |
| 2022-07-04 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-10-11 | AA | accounts | Accounts with accounts type total exemption full | |
| 2021-07-02 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2020-08-20 | AD01 | address | Change registered office address company with date old address new address | |
| 2020-07-02 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2020-03-27 | AA | accounts | Accounts with accounts type total exemption full | |
| 2019-07-31 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2019-07-02 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2018-12-17 | AA01 | accounts | Change account reference date company current extended | |
| 2018-08-09 | TM01 | officers | Termination director company with name termination date | |
| 2018-08-09 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2018-07-03 | NEWINC | incorporation | Incorporation company |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- 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.