Terra Firma Energy Limited
12619765
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/05/2024
total exemption full
Next accounts due
31/05/2026
Confirmation statement
Last: 12/05/2025
Due 26/05/2026
Industry
Officers
Former
director · Resigned 10/12/2021
Persons with Significant Control
Mr Richard Meakin
British · England · Age 61
6-8, Great Eastern Street, London, EC2A 3NT
Notified 22/05/2020
Mr William Alan Davies
British · United Kingdom · Age 52
6-8, Great Eastern Street, London, EC2A 3NT
Notified 20/01/2021
Former PSCs
Mr Peter Eagles
Ceased 20/01/2021
Charges1 outstanding
SASER LIMITED
Change History
Active
Private Limited Company
6-8 GREAT EASTERN STREET
LONDON
CompanyRankvs 2125+ SIC 35110 peers40
Show leaderboard
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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/05/2024
Net Worth
-£16.8M
Balance sheet strength
Cash
£3k
Cash in the bank
Net Current Assets
£133k
Working capital
Current Assets
£374k
Current Liabilities
£241k
Fixed Assets
£3k
Debtors
£371k
Tax at Year End(2023)
Director Loans
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2024 | 1.55 | -£5.2M | — |
| 2023 | 0.07 | -£5.6M | £8k |
| 2022 | 0.06 | -£3.5M | £8k |
| 2021 | 0.12 | — | — |
Derived from filed accounts. Not audited figures.
Filing History37 filings
change registered office address company with date old address new address
confirmation statement with updates
accounts with accounts type total exemption full
legacy
second filing of confirmation statement with made up date
capital allotment shares
appoint person director company with name date
accounts with accounts type total exemption full
confirmation statement with updates
change person director company with change date
change to a person with significant control
resolution
capital name of class of shares
change to a person with significant control
resolution
capital name of class of shares
second filing of confirmation statement with made up date
confirmation statement with updates
accounts with accounts type total exemption full
mortgage create with deed with charge number charge creation date
confirmation statement with updates
confirmation statement with updates
accounts with accounts type total exemption full
appoint person director company with name date
termination director company with name termination date
change to a person with significant control
confirmation statement with updates
change to a person with significant control
capital allotment shares
confirmation statement with updates
change to a person with significant control
change person director company with change date
change person director company with change date
notification of a person with significant control
cessation of a person with significant control
change registered office address company with date old address new address
incorporation company