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Pelagic Energy Development Ltd

11609131

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
10/30
Financial
30/40
Risk
  • Current liabilities exceed current assets (-10)
  • 13 outstanding charges (-10)

Details

FIRST FLOOR RIVER COURT THE OLD MILL OFFICE, GODALMING, GU7 1EZ
Incorporated 08/10/2018

Compliance

Last accounts

31/12/2024

group

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 13/06/2025

Due 27/06/2026

On track

Industry

35110
Production of electricity

Officers

Mr Dominic Lovett Akers-Douglas

director · Since 08/10/2018

DIRECTOR

BRITISH · ENGLAND · Age 46

Also on 37 other boards

Mr James William Denton Wood

director · Since 08/10/2018

DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 15 other boards

Mr Guy Thomas Manners-Spencer

director · Since 22/11/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 54

Mr Graham Peck

director · Since 11/10/2021

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 40

Also on 1 other board

Persons with Significant Control

Pelagic Energy Limited

25–50% shares
25–50% votes

First Floor River Court, The Old Mill Office Park, Godalming, GU7 1EZ

Reg: 11222504 · England And Wales · Limited Company

Notified 08/10/2018

Constantine Energy Limited

25–50% shares
25–50% votes

First Floor River Court, The Old Mill Office Park, Godalming, GU7 1EZ

Reg: 7312483 · England And Wales · Limited Company

Notified 08/10/2018

Charges13 outstanding

Charge
outstanding

CONSTANTINE ENERGY STORAGE LLP

Created 30/06/2025Registered 04/07/2025
Charge
outstanding

CONSTANTINE ENERGY STORAGE LLP

Created 30/06/2025Registered 04/07/2025
Charge
outstanding

CONSTANTINE ENERGY STORAGE LLP

Created 01/05/2025Registered 02/05/2025
Charge
outstanding

CONSTANTINE ENERGY STORAGE LLP

Created 01/05/2025Registered 02/05/2025
Charge
outstanding

CONSTANTINE ENERGY STORAGE LLP

Created 11/02/2025Registered 13/02/2025
Charge
outstanding

CONSTANTINE ENERGY STORAGE LLP

Created 11/02/2025Registered 13/02/2025
Charge
outstanding

CONSTANTINE ENERGY STORAGE LLP AS THE SECURED PARTY

Created 10/11/2023Registered 13/11/2023
Charge
outstanding

CONSTANTINE ENERGY STORAGE LLP AS THE SECURED PARTY

Created 10/11/2023Registered 13/11/2023
Charge
outstanding

CONSTANTINE ENERGY STORAGE LLP

Created 06/07/2023Registered 12/07/2023
Charge
outstanding

CONSTANTINE ENERGY STORAGE LLP

Created 06/07/2023Registered 12/07/2023
Charge
satisfied

CONSTANTINE ENERGY STORAGE LLP

Created 30/06/2023Registered 03/07/2023Satisfied 22/04/2026
Charge
satisfied

CONSTANTINE ENERGY STORAGE LLP

Created 30/06/2023Registered 03/07/2023Satisfied 22/04/2026
Charge
outstanding

CONSTANTINE ENERGY STORAGE LLP

Created 08/03/2023Registered 16/03/2023
Charge
outstanding

CONSTANTINE ENERGY STORAGE LLP

Created 08/03/2023Registered 16/03/2023
Charge
satisfied

CONSTANTINE ENERGY STORAGE LLP

Created 06/12/2022Registered 09/12/2022Satisfied 22/04/2026
Charge
satisfied

CONSTANTINE ENERGY STORAGE LLP

Created 06/12/2022Registered 09/12/2022Satisfied 22/04/2026
Charge
outstanding

CONSTANTINE ENERGY LIMITED

Created 12/10/2018Registered 12/10/2018

CompanyRankvs 1018+ SIC 35110 peers
54

Financial strength98th percentile among SIC peers · 25/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.06× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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1018Pelagic Energy Development Ltd
63
How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity8/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

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

£6.8M

Balance sheet strength

Cash

£1.2M

Cash in the bank

Net Current Assets

£410k

Working capital

Current Assets

£12.7M

Current Liabilities

£228.2M

Fixed Assets

£208.0M

Debtors

£5.7M

Profit After Tax

£4.0M

4avg. employees

Balance Sheet

Intangible assets£0
Assets less current liabilities£412k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20240.06
20231.19
20221.11
20211.43
20200.97

Derived from filed accounts. Not audited figures.