ZENITH ENERGY LIMITED

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

• Turnover

  +14.3%

  £32,772,903 → £37,458,969

• Cash

  -23.9%

  £1,869,072 → £1,422,064

• Net assets

  +22.5%

  £1,762,067 → £2,158,364

  highest in 6 filed years

• Employees

  +29.1%

  79 → 102

  highest in 5 filed years

• Operating profit

  -23.1%

  £1,412,472 → £1,085,557

• Profit before tax

  -30.6%

  £1,376,833 → £956,166

• Wages

  +34.4%

  £8,801,321 → £11,828,854

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

Johnston Carmichael LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“At the time of approving the financial statements, the directors, have a reasonable expectation that the group and parent company has adequate resources to continue to trade for at least twelve months from the date of signing the financial statements. In reaching this conclusion, the directors have prepared detailed budgets, considering confirmed work levels, ongoing funding arrangements and the fixed cost base of the business, thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”

Group structure

1. ZENITH ENERGY LIMITED · parent
   1. Zenith Energy Senegal SARL 50% · Senegal
   2. Zenith Energy Australia Pty Ltd 60% · Australia
   3. Prodrill Energy Resources Solutions Limited 100% · Scotland

Significant events

• “The group is active in Europe, Africa and Australia, looking to expand into South East Asia and the Middle East. In addition to oil and gas, the group is looking to diversify into other energy markets including geothermal, high value mineral extraction and carbon capture.”

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

Filings

3

last 12 months

Capital events

0

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.