ITHACA ALPHA (N.I.) LIMITED
Get an alert when ITHACA ALPHA (N.I.) LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
—
Latest balance sheet
Net assets
£113M
USD 150,793,000
-50.9% vs 2023
Employees
0
Average over period
Profit before tax
£3.6M
USD 4,776,000
+889.4% vs 2023
Net assets
2-year trend · vs Energy median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | — | — | — | |
| Operating profit | -£454,785 | £2,107,795 | +563.5% | |
| Profit before tax | -£454,785 | £3,590,168 | +889.4% | |
| Net profit | £14,072,766 | -£15,923,476 | -213.2% | |
| Cash | — | — | — | |
| Total assets less current liabilities | £230,756,972 | £113,352,627 | -50.9% | |
| Net assets | £230,756,972 | £113,352,627 | -50.9% | |
| Equity | £230,756,972 | £113,352,627 | -50.9% | |
| Average employees | 0 | 0 | — | |
| Wages | — | — | — | |
| Directors' remuneration | — | — | — |
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Return on capital employed | -0.2% | 1.9% | |
| Gearing (liabilities / total assets) | 20.5% | 39.8% | |
| Current ratio | 0.24x | 0.00x |
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 3 times since incorporation
- ITHACA ALPHA (N.I.) LIMITED 2013-04-23 → present
- VALIANT ALPHA (N.I.) LIMITED 2011-10-12 → 2013-04-23
- ANTRIM CAUSEWAY (N.I) LIMITED 2010-02-01 → 2011-10-12
- L&B (NO205) LIMITED 2009-08-10 → 2010-02-01
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have obtained confirmation from Ithaca Energy plc that it will provide the necessary support to enable the Company to meet its obligations as they fall due. This confirmation is valid until 31 December 2026. ... Based on their assessment of the Group's financial position to the period 31 December 2026, the Company's Directors believe that the Group will be able to continue in operational existence and provide any necessary financial support to the Company for the 12 months from the date of signing. Accordingly, they continue to adopt the going concern basis of accounting in preparing the Company's financial statements.”
Significant events
- “The Group's Business Combination with substantially all of the upstream assets of Eni S.p.A in the UK brings together highly complementary portfolios.”
- “Following the Eni UK business combination completed on 3 October 2024, Delek Group Limited remains the majority shareholder and ultimate parent undertaking.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 18 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| PINSENT MASONS SECRETARIAL LIMITED | Corporate Secretary | 2013-04-19 | — | — |
| FRIEDMAN, Yaniv | Director | 2024-07-01 | Apr 1974 | Israeli |
| LEWIS, Iain Clifford Scobbie | Director | 2022-09-01 | Dec 1977 | British |
| MCATEER, Julie Elizabeth | Director | 2024-05-27 | Mar 1969 | British |
| VASQUES, Luciano Maria | Director | 2024-10-03 | Apr 1963 | Italian |
Show 18 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| GREER, Stephen Ernest | Secretary | 2010-01-12 | 2011-10-07 |
| SHAW, Sandra Nan Demby | Secretary | 2011-10-07 | 2013-04-19 |
| L&B SECRETARIAL LIMITED | Corporate Secretary | 2009-08-10 | 2010-01-12 |
| BRUCE, Alan Alexander | Director | 2021-09-20 | 2024-01-04 |
| BUCHANAN, Peter | Director | 2011-10-07 | 2013-04-25 |
| CHANCELLOR, Murray Harold | Director | 2010-11-12 | 2011-10-07 |
| CRAWFORD, David Andrew | Director | 2021-02-01 | 2022-09-01 |
| DUNNETT, Bill | Director | 2020-08-24 | 2021-09-14 |
| FORBES, Graham Andrew | Director | 2013-04-19 | 2021-01-31 |
| GREER, Stephen Ernest | Director | 2010-01-12 | 2011-10-07 |
| LEWIS, Mark Jonathan | Director | 2011-10-07 | 2013-04-25 |
| MANN, Paul James | Director | 2011-10-07 | 2013-04-25 |
| MCBRIDE, Paul Martin | Director | 2009-08-10 | 2010-01-12 |
| MCKENDRICK, Charles Iain | Director | 2013-04-19 | 2013-10-01 |
| MYERSON, Gilad | Director | 2021-06-14 | 2024-05-27 |
| SHAW, Sandra Nan Demby | Director | 2011-10-07 | 2013-04-25 |
| STOWE, Godfrey John | Director | 2010-01-12 | 2010-11-12 |
| THOMAS, Leslie James | Director | 2013-10-01 | 2020-08-24 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Ithaca Petroleum Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 125 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-11-24 | AA | accounts | Accounts with accounts type full | |
| 2025-08-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-08-01 | CH01 | officers | Change person director company with change date | |
| 2024-11-19 | MR05 | mortgage | Mortgage charge whole release with charge number | |
| 2024-11-19 | MR05 | mortgage | Mortgage charge whole release with charge number | |
| 2024-11-19 | MR05 | mortgage | Mortgage charge whole release with charge number | |
| 2024-11-19 | MR05 | mortgage | Mortgage charge whole release with charge number | |
| 2024-10-31 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-29 | RP04AP01 | officers | Second filing of director appointment with name | |
| 2024-10-18 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-18 | CH01 | officers | Change person director company with change date | |
| 2024-10-04 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-04 | AA | accounts | Accounts with accounts type full | |
| 2024-06-25 | TM01 | officers | Termination director company with name termination date | |
| 2024-06-25 | AP01 | officers | Appoint person director company with name date | |
| 2024-01-12 | TM01 | officers | Termination director company with name termination date | |
| 2024-01-02 | AA | accounts | Accounts with accounts type full | |
| 2023-12-07 | CH01 | officers | Change person director company with change date | |
| 2023-08-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-27 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- 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.