serica energy mistral limited
serica energy mistral limited Company Information
Company Number
04458621
Next Accounts
Sep 2025
Shareholders
tailwind energy ltd
Group Structure
View All
Industry
Extraction of crude petroleum
+1Registered Address
4th floor 72 welbeck street, london, W1G 0AY
serica energy mistral limited Estimated Valuation
Pomanda estimates the enterprise value of SERICA ENERGY MISTRAL LIMITED at £464m based on a Turnover of £229.5m and 2.02x industry multiple (adjusted for size and gross margin).
serica energy mistral limited Estimated Valuation
Pomanda estimates the enterprise value of SERICA ENERGY MISTRAL LIMITED at £695.9m based on an EBITDA of £151m and a 4.61x industry multiple (adjusted for size and gross margin).
serica energy mistral limited Estimated Valuation
Pomanda estimates the enterprise value of SERICA ENERGY MISTRAL LIMITED at £430.7m based on Net Assets of £341.8m and 1.26x industry multiple (adjusted for liquidity).
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Serica Energy Mistral Limited Overview
Serica Energy Mistral Limited is a live company located in london, W1G 0AY with a Companies House number of 04458621. It operates in the extraction of crude petroleum sector, SIC Code 06100. Founded in June 2002, it's largest shareholder is tailwind energy ltd with a 100% stake. Serica Energy Mistral Limited is a mature, mega sized company, Pomanda has estimated its turnover at £229.5m with rapid growth in recent years.
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Serica Energy Mistral Limited Health Check
Pomanda's financial health check has awarded Serica Energy Mistral Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
4 Weak
Size
annual sales of £229.5m, make it larger than the average company (£56.8m)
£229.5m - Serica Energy Mistral Limited
£56.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 31%, show it is growing at a faster rate (14.8%)
31% - Serica Energy Mistral Limited
14.8% - Industry AVG
Production
with a gross margin of 48.5%, this company has a comparable cost of product (53.1%)
48.5% - Serica Energy Mistral Limited
53.1% - Industry AVG
Profitability
an operating margin of 39.2% make it more profitable than the average company (29.1%)
39.2% - Serica Energy Mistral Limited
29.1% - Industry AVG
Employees
with 18 employees, this is below the industry average (40)
18 - Serica Energy Mistral Limited
40 - Industry AVG
Pay Structure
on an average salary of £280.8k, the company has a higher pay structure (£123.4k)
£280.8k - Serica Energy Mistral Limited
£123.4k - Industry AVG
Efficiency
resulting in sales per employee of £12.8m, this is more efficient (£1.1m)
£12.8m - Serica Energy Mistral Limited
£1.1m - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (26 days)
1 days - Serica Energy Mistral Limited
26 days - Industry AVG
Creditor Days
its suppliers are paid after 13 days, this is quicker than average (25 days)
13 days - Serica Energy Mistral Limited
25 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Serica Energy Mistral Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (7 weeks)
0 weeks - Serica Energy Mistral Limited
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 40.6%, this is a lower level of debt than the average (66.6%)
40.6% - Serica Energy Mistral Limited
66.6% - Industry AVG
SERICA ENERGY MISTRAL LIMITED financials
Serica Energy Mistral Limited's latest turnover from December 2023 is £229.5 million and the company has net assets of £341.8 million. According to their latest financial statements, Serica Energy Mistral Limited has 18 employees and maintains cash reserves of £735.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 229,534,829 | 300,512,557 | 318,746,665 | 101,040,013 | 173,287,855 | 103,610,432 | 34,678,291 | 70,881 | 70,352 | 2,034,586 | 4,001,989 | 5,394,161 | 6,341,453 | 8,433,849 | |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 118,155,110 | 129,372,137 | 204,430,339 | 86,562,425 | 137,904,001 | 81,319,478 | 20,856,000 | 22,141,486 | 334,363 | 1,271,504 | 1,194,464 | 1,283,723 | 1,945,939 | 1,904,477 | 4,122,913 |
| Gross Profit | 111,379,719 | 171,140,420 | 114,316,326 | 14,477,588 | 35,383,854 | 22,290,954 | -20,856,000 | 12,536,805 | -263,482 | -1,201,152 | 840,122 | 2,718,266 | 3,448,222 | 4,436,976 | 4,310,936 |
| Admin Expenses | 21,469,752 | 124,658,032 | 117,505,458 | -75,499,158 | 7,551,251 | -13,647,921 | -18,913,000 | -57,283,587 | 178,230,822 | 242,194,157 | 34,425,784 | 2,817,563 | 4,387,276 | 18,052,096 | 12,757,022 |
| Operating Profit | 89,909,967 | 46,482,388 | -3,189,132 | 89,976,746 | 27,832,603 | 35,938,875 | -1,943,000 | 69,820,392 | -178,494,304 | -243,395,309 | -33,585,662 | -99,297 | -939,054 | -13,615,120 | -8,446,086 |
| Interest Payable | 20,702,101 | 29,926,552 | 9,184,928 | 5,556,341 | 718,011 | 50,000 | 86,585 | 1,551,050 | 4,551,569 | 28,562 | 23,243 | 335,965 | 292,863 | 293,185 | |
| Interest Receivable | 2,694,676 | 1,292,054 | 599,175 | 2,496,993 | 3,193,128 | 238,793 | 50,000 | 47,583 | 127,272 | 83,119 | 233,131 | 72,421 | 84,047 | 25,860 | 136,993 |
| Pre-Tax Profit | 71,902,543 | 17,847,891 | -11,774,885 | 85,335,579 | 25,469,391 | 37,136,919 | -3,857,000 | 68,844,768 | -179,819,166 | -244,689,223 | -34,145,656 | -446,081 | -1,178,578 | -13,964,613 | -8,605,836 |
| Tax | -56,586,637 | -20,587,585 | -3,998,545 | -28,768,343 | 4,438,004 | 213,848,411 | -6,279,000 | 988,873 | -9,650,150 | -16,596,204 | 39,531,250 | 7,662,995 | 2,315,550 | 7,551,749 | 4,321,801 |
| Profit After Tax | 15,315,906 | -2,739,694 | -15,773,429 | 56,567,236 | 29,907,394 | 250,985,330 | -10,136,000 | 69,833,641 | -189,469,316 | -261,285,427 | 5,385,594 | 7,216,914 | 1,136,972 | -6,412,864 | -4,284,035 |
| Dividends Paid | 106,618,228 | ||||||||||||||
| Retained Profit | 15,315,906 | -109,357,921 | -15,773,429 | 20,129,901 | 29,907,394 | 250,985,330 | -10,136,000 | 69,833,641 | -189,469,316 | -261,285,427 | 5,385,594 | 7,216,914 | 1,136,972 | -6,412,864 | -4,284,035 |
| Employee Costs | 5,054,494 | 14,675,407 | 7,203,040 | 5,585,759 | 3,883,783 | 1,013,040 | 880,000 | 889,272 | 1,276,232 | 1,672,293 | 2,244,509 | 1,520,700 | 1,335,300 | 1,225,000 | 969,600 |
| Number Of Employees | 18 | 17 | 19 | 21 | 18 | 5 | 5 | 6 | 7 | 9 | 10 | 8 | 8 | 9 | 7 |
| EBITDA* | 150,986,416 | 102,352,709 | 70,743,107 | 175,451,046 | 113,514,068 | 72,837,816 | 33,456,000 | 80,447,752 | -2,670,969 | -8,640,480 | -29,942,343 | 195,738 | -456,690 | -13,108,220 | -6,007,086 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 309,587,743 | 550,800,032 | 599,315,921 | 597,903,937 | 523,849,145 | 374,246,129 | 148,885,000 | 134,560,524 | 73,064,228 | 186,625,982 | 314,165,085 | 147,370,235 | 1,304,213 | 1,562,451 | 1,793,154 |
| Intangible Assets | 89,857 | 16,128,188 | 68,592,014 | 25,255,928 | 20,794,311 | ||||||||||
| Investments & Other | 30,011 | 1,988,627 | 5,630,306 | 20,924,544 | 28,132,334 | 18,152,000 | 1 | 1 | |||||||
| Debtors (Due After 1 year) | 101,857,526 | 45,374,348 | 67,535,376 | 93,051,880 | 66,435,034 | 24,430,857 | 23,441,984 | 33,124,103 | 49,740,669 | 10,181,058 | 2,489,030 | ||||
| Total Fixed Assets | 309,587,742 | 550,800,031 | 531,780,544 | 526,966,562 | 523,849,144 | 374,246,128 | 167,037,000 | 158,991,381 | 96,506,212 | 219,750,085 | 363,995,611 | 173,679,482 | 72,385,258 | 26,818,379 | 22,587,465 |
| Stock & work in progress | 9,562,184 | 3,403,082 | 6,312,958 | 708,000 | 4,212,445 | 9,595 | 9,595 | 96,340 | 330,006 | 326,850 | 326,850 | 531,944 | |||
| Trade Debtors | 923,235 | 1,985,468 | 1,833,913 | 1,043,220 | 12,109,430 | 493 | 82,609 | 57,679 | 1,134,297 | 701,005 | 926,767 | ||||
| Group Debtors | 235,877,428 | 215,770,810 | 233,934,664 | 101,577,259 | 5,203,748 | 8,312 | 69,272 | 235,977 | 51,721 | 170,199 | 111,002 | 130,117 | 60,767 | ||
| Misc Debtors | 8,289,369 | 15,244,037 | 8,550,982 | 28,613,583 | 6,345,256 | 4,867,970 | 18,894,000 | 2,091,091 | 2,571,014 | 3,714,911 | 5,023,250 | 2,393,950 | 2,568,517 | 1,438,896 | 8,102,415 |
| Cash | 735,270 | 8,696,888 | 20,592,706 | 19,022,532 | 100,931,005 | 1,066,829 | 4,285,000 | 23,299,798 | 7,696,528 | 9,296,939 | 18,253,138 | 5,956,569 | 9,493,298 | 10,465,869 | 10,227,612 |
| misc current assets | 20,509,398 | 25,479,387 | 31,113,447 | 36,637,800 | 1,871,200 | 71,770 | |||||||||
| total current assets | 266,334,702 | 267,176,591 | 296,025,714 | 196,456,579 | 124,659,975 | 17,451,508 | 23,887,000 | 29,611,646 | 10,346,409 | 13,257,915 | 23,507,058 | 8,908,403 | 13,633,964 | 13,134,507 | 19,849,505 |
| total assets | 575,922,444 | 817,976,622 | 827,806,258 | 723,423,141 | 648,509,119 | 391,697,636 | 190,924,000 | 188,603,027 | 106,852,621 | 233,008,000 | 387,502,669 | 182,587,885 | 86,019,222 | 39,952,886 | 42,436,970 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 4,322,382 | 15,175,328 | 7,914,611 | 5,738,914 | 2,882,794 | 775,061 | 2,374,000 | 392,830 | 1,032,087 | 370,180 | 1,889,676 | 84,356 | 98,216 | 161,247 | 86,848 |
| Group/Directors Accounts | 1 | 1 | 62,220,000 | 164,979,382 | 143,834,328 | 62,013,322 | 59,235,554 | 37,873,192 | 50,201,346 | 13,503,469 | 326,775 | ||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 58,557,888 | 171,752,485 | 77,767,444 | 40,004,810 | 87,889,153 | 11,321,107 | 5,290,000 | 19,178,592 | 12,925,756 | 18,232,814 | 21,903,731 | 16,323,964 | 8,221,319 | 2,116,466 | 4,297,810 |
| total current liabilities | 62,880,272 | 186,927,816 | 85,682,057 | 45,743,725 | 90,771,950 | 12,096,170 | 69,884,000 | 184,550,804 | 157,792,171 | 80,616,316 | 83,028,961 | 54,281,512 | 58,520,881 | 15,781,182 | 4,711,433 |
| loans | 298,159,848 | 501,733,532 | 458,129,699 | 306,592,894 | 269,655,026 | 10,108,088 | 44,590,037 | 84,311,291 | 500 | 500 | 500 | ||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 44,225,240 | 99,570,368 | 99,259,318 | 132,347,044 | 73,404,494 | 65,726,160 | 28,634,000 | 26,449,909 | 41,162,665 | 44,634,508 | 40,791,590 | 17,595,789 | 8,287,798 | 6,082,651 | 13,106,590 |
| total long term liabilities | 171,192,544 | 304,515,084 | 295,834,883 | 219,469,970 | 171,529,761 | 32,863,080 | 28,634,000 | 26,449,909 | 41,162,665 | 54,742,596 | 85,381,627 | 101,907,080 | 8,288,298 | 6,083,151 | 13,107,090 |
| total liabilities | 234,072,816 | 491,442,900 | 381,516,940 | 265,213,695 | 262,301,711 | 44,959,250 | 98,518,000 | 211,000,713 | 198,954,836 | 135,358,912 | 168,410,588 | 156,188,592 | 66,809,179 | 21,864,333 | 17,818,523 |
| net assets | 341,849,629 | 326,533,723 | 446,289,318 | 458,209,446 | 386,207,408 | 346,738,386 | 92,406,000 | -22,397,686 | -92,102,215 | 97,649,088 | 219,092,081 | 26,399,293 | 19,210,043 | 18,088,553 | 24,618,447 |
| total shareholders funds | 341,849,629 | 326,533,723 | 446,289,318 | 458,209,446 | 386,207,408 | 346,738,386 | 92,406,000 | -22,397,686 | -92,102,215 | 97,649,088 | 219,092,081 | 26,399,293 | 19,210,043 | 18,088,553 | 24,618,447 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 89,909,967 | 46,482,388 | -3,189,132 | 89,976,746 | 27,832,603 | 35,938,875 | -1,943,000 | 69,820,392 | -178,494,304 | -243,395,309 | -33,585,662 | -99,297 | -939,054 | -13,615,120 | -8,446,086 |
| Depreciation | 61,076,449 | 55,870,321 | 73,932,239 | 85,474,300 | 85,681,465 | 36,898,941 | 35,399,000 | 10,627,360 | 175,823,335 | 234,754,829 | 3,643,319 | 295,035 | 482,364 | 506,900 | 2,439,000 |
| Amortisation | |||||||||||||||
| Tax | -56,586,637 | -20,587,585 | -3,998,545 | -28,768,343 | 4,438,004 | 213,848,411 | -6,279,000 | 988,873 | -9,650,150 | -16,596,204 | 39,531,250 | 7,662,995 | 2,315,550 | 7,551,749 | 4,321,801 |
| Stock | -9,562,184 | 6,159,102 | -2,909,876 | 5,604,958 | -3,504,445 | 4,202,850 | -86,745 | -233,666 | 3,156 | -205,094 | 531,944 | ||||
| Debtors | 68,572,896 | -33,480,273 | 87,568,993 | 139,396,223 | 74,818,001 | -8,822,281 | -7,636,260 | 447,990 | -10,993,214 | -17,822,765 | 42,095,363 | 6,500,040 | 4,032,828 | -6,819,931 | 9,089,949 |
| Creditors | -10,852,946 | 7,260,716 | 2,175,697 | 2,856,121 | 2,107,733 | -1,598,939 | 1,981,170 | -639,257 | 661,907 | -1,519,496 | 1,805,320 | -13,860 | -63,031 | 74,399 | 86,848 |
| Accruals and Deferred Income | -113,194,597 | 93,985,041 | 37,762,634 | -47,884,343 | 76,568,046 | 6,031,107 | -13,888,592 | 6,252,836 | -5,307,058 | -3,670,917 | 5,579,767 | 8,102,645 | 6,104,853 | -2,181,344 | 4,297,810 |
| Deferred Taxes & Provisions | -55,345,128 | 311,050 | -33,087,726 | 58,942,550 | 7,678,334 | 37,092,160 | 2,184,091 | -14,712,756 | -3,471,843 | 3,842,918 | 23,195,801 | 9,307,991 | 2,205,147 | -7,023,939 | 13,106,590 |
| Cash flow from operations | -153,565,788 | 216,802,204 | -4,411,642 | 15,041,706 | 132,398,060 | 331,427,878 | 28,594,374 | 67,686,608 | -9,444,899 | -8,674,669 | -1,691,902 | 18,752,313 | 6,073,001 | -7,662,330 | 6,184,070 |
| Investing Activities | |||||||||||||||
| capital expenditure | -399,000 | ||||||||||||||
| Change in Investments | -1,958,616 | -3,641,679 | -15,294,238 | -7,207,790 | 28,132,334 | -18,152,000 | 18,152,000 | -1 | 1 | ||||||
| cash flow from investments | -18,551,000 | ||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -62,220,000 | -102,759,382 | 21,145,054 | 81,821,006 | 2,777,768 | 21,362,362 | -12,328,154 | 36,697,877 | 13,176,694 | 326,775 | |||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -203,573,684 | 43,603,833 | 151,536,805 | 36,937,868 | 269,655,026 | -10,108,088 | -34,481,949 | -39,721,254 | 84,310,791 | 500 | |||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | -18,007,425 | -28,634,498 | -8,585,753 | 2,496,993 | -2,363,213 | -479,218 | -39,002 | -1,423,778 | -4,468,450 | 204,569 | 49,178 | -251,918 | -267,003 | -156,192 | |
| cash flow from financing | -221,581,109 | 4,571,661 | 146,804,353 | 91,306,997 | 276,853,441 | -59,352,162 | 22,180,304 | 20,976,940 | 70,007,153 | 103,669,803 | 169,152,871 | 72,004,151 | 36,430,477 | 12,792,661 | 29,073,565 |
| cash and cash equivalents | |||||||||||||||
| cash | -7,961,618 | -11,895,818 | 1,570,174 | -81,908,473 | 99,864,176 | -3,218,171 | -19,014,798 | 15,603,270 | -1,600,411 | -8,956,199 | 12,296,569 | -3,536,729 | -972,571 | 238,257 | 10,227,612 |
| overdraft | |||||||||||||||
| change in cash | -7,961,618 | -11,895,818 | 1,570,174 | -81,908,473 | 99,864,176 | -3,218,171 | -19,014,798 | 15,603,270 | -1,600,411 | -8,956,199 | 12,296,569 | -3,536,729 | -972,571 | 238,257 | 10,227,612 |
serica energy mistral limited Credit Report and Business Information
Serica Energy Mistral Limited Competitor Analysis
Perform a competitor analysis for serica energy mistral limited by selecting its closest rivals, whether from the MINING AND QUARRYING sector, other mega companies, companies in W1G area or any other competitors across 12 key performance metrics.
serica energy mistral limited Ownership
SERICA ENERGY MISTRAL LIMITED group structure
Serica Energy Mistral Limited has no subsidiary companies.
Ultimate parent company
2 parents
SERICA ENERGY MISTRAL LIMITED
04458621
serica energy mistral limited directors
Serica Energy Mistral Limited currently has 5 directors. The longest serving directors include Mr Stephen Lambert (Mar 2023) and Mr Daniel Fewkes (Mar 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stephen Lambert | England | 60 years | Mar 2023 | - | Director |
| Mr Daniel Fewkes | England | 55 years | Mar 2023 | - | Director |
| Mr Martin Copeland | United Kingdom | 55 years | Feb 2024 | - | Director |
| Mr Michael Killeen | 54 years | Jul 2024 | - | Director | |
| Mr Christopher Cox | 64 years | Jul 2024 | - | Director |
P&L
December 2023turnover
229.5m
-24%
operating profit
89.9m
+93%
gross margin
48.6%
-14.79%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
341.8m
+0.05%
total assets
575.9m
-0.3%
cash
735.3k
-0.92%
net assets
Total assets minus all liabilities
serica energy mistral limited company details
company number
04458621
Type
Private limited with Share Capital
industry
06100 - Extraction of crude petroleum
06200 - Extraction of natural gas
incorporation date
June 2002
age
23
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
tailwind mistral ltd (April 2024)
eog resources united kingdom limited (November 2018)
accountant
-
auditor
ERNST & YOUNG LLP
address
4th floor 72 welbeck street, london, W1G 0AY
Bank
-
Legal Advisor
-
serica energy mistral limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 7 charges/mortgages relating to serica energy mistral limited. Currently there are 2 open charges and 5 have been satisfied in the past.
serica energy mistral limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for SERICA ENERGY MISTRAL LIMITED. This can take several minutes, an email will notify you when this has completed.
serica energy mistral limited Companies House Filings - See Documents
| date | description | view/download |
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