Boston Energy Limited
07756008
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 8 outstanding charges (-10)
Details
Compliance
Last accounts
31/12/2024
medium
Next accounts due
30/09/2026
Confirmation statement
Last: 07/03/2026
Due 21/03/2027
Industry
Officers
director · Since 30/08/2011
MANAGING DIRECTOR
BRITISH · UNITED KINGDOM · Age 52
Also on 7 other boards
director · Since 30/06/2023
MANAGING DIRECTOR
BRITISH · UNITED KINGDOM · Age 52
Also on 2 other boards
director · Since 06/11/2023
CHARTERED ACCOUNTANT
BRITISH · UNITED KINGDOM · Age 52
Also on 1 other board
director · Since 27/01/2026
BRITISH · UNITED KINGDOM · Age 64
Also on 2 other boards
Persons with Significant Control
Wind Bidco Limited
Westcott House, Hesslewood Office Park, Hessle, HU13 0LH
Reg: 14924740 · Companies House · Limited By Shares
Notified 30/06/2023
Former PSCs
Mr Mark Neil Parkes
Ceased 30/06/2023
Salar Ventures Limited
Ceased 30/06/2023
Charges8 outstanding
HSBC INVOICE FINANCE (UK) LIMITED
HSBC UK BANK PLC (AS SECURITY AGENT)
HSBC UK BANK PLC AS SECURITY TRUSTEE
LDC (MANAGERS) LIMITED, AS SECURITY TRUSTEE FOR AND ON BEHALF OF THE SECURED PARTIES
HSBC INVOICE FINANCE (UK) LIMITED
HSBC UK BANK PLC AS SECURITY AGENT
LDC (MANAGERS) LIMITED AS SECURITY TRUSTEE FOR THE SECURED PARTIES.
HSBC UK BANK PLC
CompanyRankvs 521+ SIC 74909 peers70
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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.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co
Key FinancialsYear ending 31/12/2024
Turnover
£45.2M
Annual revenue
Net Worth
£12.9M
Balance sheet strength
Cash
£6.7M
Cash in the bank
Profit Before Tax
£7.0M
Bottom line earnings
Net Current Assets
£12.4M
Working capital
Current Assets
£21.9M
Current Liabilities
£9.5M
Fixed Assets
£689k
Debtors
£15.2M
Cost of Sales
£32.7M
Gross Profit
£12.5M
Admin Expenses
£5.1M
Operating Profit
£7.4M
Profit After Tax
£5.3M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 2.30 | +£5.3M |
| 2023 | 1.75 | +£5.8M |
| 2018 | 2.50 | — |
Derived from filed accounts. Not audited figures.