Mediterranean Energy Company Limited
04930255
Healthy
- Negative net worth (-10)
Details
Compliance
Last accounts
31/12/2024
total exemption full
Next accounts due
30/09/2026
Confirmation statement
Last: 13/10/2025
Due 27/10/2026
Industry
Officers
director · Since 21/12/2004
LAWYER
CYPRIOT · CYPRUS · Age 61
Also on 3 other boards
secretary · Since 24/03/2010
director · Since 24/03/2010
DIRECTOR
CYPRIOT · CYPRUS · Age 40
Also on 2 other boards
Persons with Significant Control
Mr Mourad Saoula
Algerian · Algeria · Age 52
12, Dimostheni Severi, Nicosia, 1080
Notified 15/11/2024
Former PSCs
Mr. Ahmed Stambouli
Ceased 15/11/2024
CompanyRankvs 13037+ SIC 70221 peers32
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/12/2024
Net Worth
-£1.3M
Balance sheet strength
Cash
£51k
Cash in the bank
Net Current Assets
-£1.8M
Working capital
Current Assets
£69k
Current Liabilities
£1.9M
Fixed Assets
£452k
Debtors
£19k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.04 | -£33k |
| 2023 | 0.04 | -£11k |
| 2022 | 0.04 | -£10k |
| 2021 | 0.05 | -£5k |
| 2020 | 0.06 | -£44k |
| 2019 | 0.14 | -£14k |
| 2018 | 0.12 | — |
Derived from filed accounts. Not audited figures.