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Cash

£44K

USD 59,000

-76.6% vs 2023

Net assets

£204M

USD 271,513,000

+19.1% vs 2023

Employees

0

Average over period

Profit before tax

£21M

USD 27,453,000

+44.6% vs 2023

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Accounts

2-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31

Metric Trend 2023-12-312024-12-31 Δ vs prior
Turnover £390,138£259,340 -33.5%
Operating profit £2,290,461-£15,902,428 -794.3%
Profit before tax £14,270,465£20,636,698 +44.6%
Net profit £9,750,432£32,660,302 +235%
Cash £189,431£44,351 -76.6%
Total assets less current liabilities £957,636,623£238,689,018 -75.1%
Net assets £171,438,773£204,099,075 +19.1%
Equity £171,438,773£204,099,075 +19.1%
Average employees 00
Wages £0£0
Directors' remuneration £0£0

Figures converted to GBP from USD at 0.752 per USD (Frankfurter spot rate) — hover any figure for the original. indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show . About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2023-12-312024-12-31
Return on capital employed 0.2%-6.7%
Gearing (liabilities / total assets) 89.1%60.1%
Current ratio 0.56x0.05x
Interest cover 0.10x-3.10x

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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.

Name history

Renamed 2 times since incorporation

  1. NEO NEXT+ ENERGY NATURAL RESOURCES LIMITED 2026-03-30 → present
  2. NEO ENERGY NATURAL RESOURCES LIMITED 2021-12-09 → 2026-03-30
  3. EXXONMOBIL CNNS LIMITED 2020-11-15 → 2021-12-09

Audit & accounting basis

Accounting basis
FRS 101
Reporting scope
Standalone (parent only)
Auditor
PricewaterhouseCoopers LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The financial statements have been prepared on the going concern basis. The directors have no reason to believe that material uncertainty exists that may cast doubt about the Company's ability to continue as a going concern or its ability to continue with the current and planned banking arrangements. The directors consider it appropriate to adopt the going concern basis of accounting.”

Significant events

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

People

6 active · 16 resigned

Name Role Appointed Born Nationality
MCINTOSH, Andrew Graham Secretary 2025-07-29
BURNESS PAULL LLP Corporate Secretary 2021-12-08
GAIR, Robert Huw Director 2023-01-20 Oct 1980 British
MCINTOSH, Andrew Graham Director 2021-12-08 Jul 1973 British
PAYER, Nicolas Bertrand Director 2026-03-30 Sep 1965 French
RIGARDO, Ferdinando Director 2025-07-29 Feb 1965 Italian
Show 16 resigned officers
Name Role Appointed Resigned
HARNESS, Fiona Henderson Secretary 2020-11-15 2021-12-08
MCINTOSH, Andrew Graham Secretary 2021-12-08 2024-09-02
PRESLY, Victoria Katie Secretary 2024-09-02 2025-07-29
ADAMS, Robert Stephen Director 2021-12-08 2023-01-20
ALTON, Russell Alexander Director 2021-12-08 2023-01-20
BAGLEY, Donald Shepherd Director 2020-11-15 2021-04-01
COOPER, Robert Michael Director 2020-11-15 2021-02-01
GREENWOOD, Paul Alexander Director 2021-02-01 2021-12-08
HARKER, Nicholas James Director 2021-04-01 2021-06-11
HARRIS, Paul Director 2021-12-08 2024-10-11
JACKSON, Justin Edward Director 2021-06-11 2021-12-08
JOHNSON, Andrew Mark Director 2020-11-15 2021-12-08
MANZI, Catriona Evelyn Director 2024-09-02 2025-07-29
MCKENZIE, Craig Director 2024-10-22 2025-07-29
ROWE, Martin James Director 2021-12-08 2024-10-11
SHEIKH, Adam Alum Director 2025-07-29 2026-03-30

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Neo Energy Upstream Uk Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2021-12-08 Active
Esso Exploration And Production Uk Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2020-11-15 Ceased 2021-12-08

Filing timeline

Last 20 of 68 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2026-03-30 CERTNM Certificate change of name company PDF
Date Type Category Description
2026-04-07 TM01 officers Termination director company with name termination date PDF
2026-04-02 AP01 officers Appoint person director company with name date PDF
2026-03-30 CERTNM change-of-name Certificate change of name company PDF
2025-11-14 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-10-03 AA accounts Accounts with accounts type full
2025-08-28 CH01 officers Change person director company with change date PDF
2025-08-06 AP01 officers Appoint person director company with name date PDF
2025-08-06 AP01 officers Appoint person director company with name date PDF
2025-08-06 AP03 officers Appoint person secretary company with name date PDF
2025-08-06 TM01 officers Termination director company with name termination date PDF
2025-08-06 TM01 officers Termination director company with name termination date PDF
2025-08-06 TM02 officers Termination secretary company with name termination date PDF
2025-07-02 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2025-07-01 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2024-11-22 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-10-28 AP01 officers Appoint person director company with name date PDF
2024-10-18 TM01 officers Termination director company with name termination date PDF
2024-10-18 TM01 officers Termination director company with name termination date PDF
2024-09-30 AA accounts Accounts with accounts type full
2024-09-04 TM02 officers Termination secretary company with name termination date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
14

last 12 months

Capital events
0

last 24 months

Officers appointed
3

last 12 months

Officers resigned
4

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page