neo energy (zex) limited
neo energy (zex) limited Company Information
Company Number
05834920
Next Accounts
Sep 2025
Shareholders
neo energy (zel) limited
Group Structure
View All
Industry
Extraction of natural gas
+1Registered Address
30 st mary axe, london, EC3A 8BF
neo energy (zex) limited Estimated Valuation
Pomanda estimates the enterprise value of NEO ENERGY (ZEX) LIMITED at £41.3m based on a Turnover of £27.1m and 1.52x industry multiple (adjusted for size and gross margin).
neo energy (zex) limited Estimated Valuation
Pomanda estimates the enterprise value of NEO ENERGY (ZEX) LIMITED at £59m based on an EBITDA of £17m and a 3.47x industry multiple (adjusted for size and gross margin).
neo energy (zex) limited Estimated Valuation
Pomanda estimates the enterprise value of NEO ENERGY (ZEX) LIMITED at £5.9m based on Net Assets of £4.7m and 1.26x industry multiple (adjusted for liquidity).
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Neo Energy (zex) Limited Overview
Neo Energy (zex) Limited is a live company located in london, EC3A 8BF with a Companies House number of 05834920. It operates in the extraction of crude petroleum sector, SIC Code 06100. Founded in June 2006, it's largest shareholder is neo energy (zel) limited with a 100% stake. Neo Energy (zex) Limited is a established, large sized company, Pomanda has estimated its turnover at £27.1m with unknown growth in recent years.
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Neo Energy (zex) Limited Health Check
Pomanda's financial health check has awarded Neo Energy (Zex) Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £27.1m, make it smaller than the average company (£56.9m)
£27.1m - Neo Energy (zex) Limited
£56.9m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Neo Energy (zex) Limited
- - Industry AVG
Production
with a gross margin of 53.2%, this company has a comparable cost of product (53.2%)
53.2% - Neo Energy (zex) Limited
53.2% - Industry AVG
Profitability
an operating margin of 43.6% make it more profitable than the average company (29%)
43.6% - Neo Energy (zex) Limited
29% - Industry AVG
Employees
with 25 employees, this is below the industry average (40)
- Neo Energy (zex) Limited
40 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Neo Energy (zex) Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £1.1m, this is equally as efficient (£1.1m)
- Neo Energy (zex) Limited
£1.1m - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (25 days)
1 days - Neo Energy (zex) Limited
25 days - Industry AVG
Creditor Days
its suppliers are paid after 21 days, this is quicker than average (25 days)
21 days - Neo Energy (zex) Limited
25 days - Industry AVG
Stock Days
it holds stock equivalent to 3 days, this is less than average (22 days)
3 days - Neo Energy (zex) Limited
22 days - 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 - Neo Energy (zex) Limited
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 95.3%, this is a higher level of debt than the average (66.8%)
95.3% - Neo Energy (zex) Limited
66.8% - Industry AVG
NEO ENERGY (ZEX) LIMITED financials
Neo Energy (Zex) Limited's latest turnover from December 2023 is £27.1 million and the company has net assets of £4.7 million. According to their latest financial statements, we estimate that Neo Energy (Zex) Limited has 25 employees and maintains cash reserves of £373.2 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 | 27,106,199 | 11,824,237 | |||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | 11,806,071 | 1,340,550 | -671,141 | -211,000 | -89,000 | -31 | 419,362 | -470 | -647 | -739 | -90 | 191 | -1,300 | ||
| Interest Payable | 3,321,475 | 467,792 | |||||||||||||
| Interest Receivable | 988,570 | 112,027 | 10 | 19 | 32 | ||||||||||
| Pre-Tax Profit | 9,473,166 | 984,785 | -671,141 | -211,000 | -89,000 | -31 | -530 | -568 | 419,362 | -411,846 | -647 | -739 | -90 | 210 | -1,268 |
| Tax | |||||||||||||||
| Profit After Tax | 9,473,166 | 984,785 | -671,141 | -211,000 | -89,000 | -31 | -530 | -568 | 419,362 | -411,846 | -647 | -739 | -90 | 210 | -1,268 |
| Dividends Paid | |||||||||||||||
| Retained Profit | 9,473,166 | 984,785 | -671,141 | -211,000 | -89,000 | -31 | -530 | -568 | 419,362 | -411,846 | -647 | -739 | -90 | 210 | -1,268 |
| Employee Costs | |||||||||||||||
| Number Of Employees | |||||||||||||||
| EBITDA* | 16,996,442 | 1,340,550 | -671,141 | -211,000 | -89,000 | -31 | 419,362 | -470 | -647 | -739 | -90 | 191 | -1,300 |
* 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 | 63,309,363 | 32,131,557 | 4,067,275 | 154,000 | |||||||||||
| Intangible Assets | 407,741 | 300,674 | 247,885 | 325,752 | 265,645 | ||||||||||
| Investments & Other | 1 | ||||||||||||||
| Debtors (Due After 1 year) | 11,460,903 | 10,476,875 | |||||||||||||
| Total Fixed Assets | 74,770,267 | 42,608,432 | 4,067,276 | 154,000 | 407,741 | 300,674 | 247,885 | 325,752 | 265,645 | ||||||
| Stock & work in progress | 123,382 | 158,958 | |||||||||||||
| Trade Debtors | 125,653 | 69,639 | 92,989 | 13,000 | |||||||||||
| Group Debtors | 22,779,501 | 17,268,185 | 10 | 10 | 10 | ||||||||||
| Misc Debtors | 1,367,042 | 4,980,697 | 19,406 | 4,000 | 10 | 10 | 10 | 10 | 10 | 10 | 25,098 | ||||
| Cash | 373,174 | 169,556 | 267,648 | 43,000 | 3,000 | 3,887 | 4,419 | 5,549 | 5,117 | 6,473 | 10,618 | 3,388 | 4,792 | 4,205 | 20,615 |
| misc current assets | 573,007 | 1,519,945 | 1 | ||||||||||||
| total current assets | 25,341,761 | 24,166,982 | 380,044 | 60,000 | 3,000 | 3,898 | 4,429 | 5,559 | 5,127 | 6,483 | 10,628 | 28,486 | 4,802 | 4,215 | 20,625 |
| total assets | 100,112,028 | 66,775,414 | 4,447,319 | 214,000 | 3,000 | 3,898 | 4,429 | 5,559 | 5,127 | 6,483 | 418,369 | 329,160 | 252,687 | 329,967 | 286,270 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 759,216 | 36,387 | 20,000 | 18,919 | 120,709 | 117,222 | |||||||||
| Group/Directors Accounts | 36,356,824 | 23,833,169 | 4,756,206 | 88,000 | 88,000 | 500 | 718 | 718 | 882 | ||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 13,857,391 | 3,812,731 | 259,561 | 2,000 | 300 | 300 | 400 | 400 | 400 | 440 | 420 | 171 | 571 | 571 | |
| total current liabilities | 50,973,431 | 27,645,901 | 5,052,155 | 110,000 | 88,000 | 300 | 800 | 400 | 400 | 1,118 | 1,158 | 1,302 | 19,090 | 121,280 | 117,793 |
| loans | 26,631,594 | 24,344,107 | 1,000 | 420,000 | 420,000 | 330,000 | 235,000 | 210,000 | 170,000 | ||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 17,822,269 | 18,698,811 | |||||||||||||
| total long term liabilities | 44,453,864 | 43,042,919 | 1,000 | 420,000 | 420,000 | 330,000 | 235,000 | 210,000 | 170,000 | ||||||
| total liabilities | 95,427,295 | 70,688,820 | 5,052,155 | 110,000 | 88,000 | 300 | 800 | 1,400 | 400 | 421,118 | 421,158 | 331,302 | 254,090 | 331,280 | 287,793 |
| net assets | 4,684,732 | -3,913,405 | -604,835 | 104,000 | -85,000 | 3,598 | 3,629 | 4,159 | 4,727 | -414,635 | -2,789 | -2,142 | -1,403 | -1,313 | -1,523 |
| total shareholders funds | 4,684,732 | -3,913,405 | -604,835 | 104,000 | -85,000 | 3,598 | 3,629 | 4,159 | 4,727 | -414,635 | -2,789 | -2,142 | -1,403 | -1,313 | -1,523 |
| 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 | 11,806,071 | 1,340,550 | -671,141 | -211,000 | -89,000 | -31 | 419,362 | -470 | -647 | -739 | -90 | 191 | -1,300 | ||
| Depreciation | 5,190,372 | ||||||||||||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | -35,576 | 158,958 | |||||||||||||
| Debtors | 2,937,703 | 32,683,002 | 95,395 | 17,000 | -10 | -25,088 | 25,088 | 10 | |||||||
| Creditors | 759,216 | -36,387 | 16,387 | 20,000 | -18,919 | -101,790 | 3,487 | 117,222 | |||||||
| Accruals and Deferred Income | 10,044,660 | 3,553,170 | 257,561 | 2,000 | -300 | -100 | -40 | 20 | 249 | -400 | 571 | ||||
| Deferred Taxes & Provisions | -876,542 | 18,698,811 | |||||||||||||
| Cash flow from operations | 24,021,650 | -9,285,816 | -492,588 | -206,000 | -89,290 | -31 | 419,362 | -510 | 24,461 | -44,497 | -102,280 | 3,678 | 116,483 | ||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | 12,523,655 | 19,076,963 | 4,668,206 | 88,000 | -500 | 500 | -718 | -164 | 882 | ||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | 2,287,487 | 24,344,107 | -1,000 | 1,000 | -420,000 | 90,000 | 95,000 | 25,000 | 40,000 | 170,000 | |||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | -2,332,905 | -355,765 | 19 | 32 | |||||||||||
| cash flow from financing | 11,603,209 | 38,771,950 | 4,630,512 | 400,000 | 88,402 | -500 | -500 | 1,000 | -420,718 | 95,882 | 25,000 | 40,019 | 169,777 | ||
| cash and cash equivalents | |||||||||||||||
| cash | 203,618 | -98,092 | 224,648 | 40,000 | -887 | -532 | -1,130 | 432 | -1,356 | -4,145 | 7,230 | -1,404 | 587 | -16,410 | 20,615 |
| overdraft | |||||||||||||||
| change in cash | 203,618 | -98,092 | 224,648 | 40,000 | -887 | -532 | -1,130 | 432 | -1,356 | -4,145 | 7,230 | -1,404 | 587 | -16,410 | 20,615 |
neo energy (zex) limited Credit Report and Business Information
Neo Energy (zex) Limited Competitor Analysis
Perform a competitor analysis for neo energy (zex) limited by selecting its closest rivals, whether from the MINING AND QUARRYING sector, other large companies, companies in EC3A area or any other competitors across 12 key performance metrics.
neo energy (zex) limited Ownership
NEO ENERGY (ZEX) LIMITED group structure
Neo Energy (Zex) Limited has no subsidiary companies.
Ultimate parent company
2 parents
NEO ENERGY (ZEX) LIMITED
05834920
neo energy (zex) limited directors
Neo Energy (Zex) Limited currently has 5 directors. The longest serving directors include Mr Andrew McIntosh (Jul 2021) and Mr Robert Adams (Jul 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew McIntosh | United Kingdom | 51 years | Jul 2021 | - | Director |
| Mr Robert Adams | United Kingdom | 56 years | Jul 2021 | - | Director |
| Mr Robert Gair | United Kingdom | 44 years | Jan 2023 | - | Director |
| Ms Catriona Manzi | United Kingdom | 41 years | Sep 2024 | - | Director |
| Mr Craig McKenzie | 54 years | Oct 2024 | - | Director |
P&L
December 2023turnover
27.1m
+129%
operating profit
11.8m
+781%
gross margin
53.3%
+4.75%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
4.7m
-2.2%
total assets
100.1m
+0.5%
cash
373.2k
+1.2%
net assets
Total assets minus all liabilities
neo energy (zex) limited company details
company number
05834920
Type
Private limited with Share Capital
industry
06200 - Extraction of natural gas
06100 - Extraction of crude petroleum
incorporation date
June 2006
age
19
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
zennor exploration limited (July 2021)
hannu exploration limited (August 2015)
accountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
address
30 st mary axe, london, EC3A 8BF
Bank
-
Legal Advisor
-
neo energy (zex) 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 2 charges/mortgages relating to neo energy (zex) limited. Currently there are 2 open charges and 0 have been satisfied in the past.
neo energy (zex) 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 NEO ENERGY (ZEX) LIMITED. This can take several minutes, an email will notify you when this has completed.
neo energy (zex) limited Companies House Filings - See Documents
| date | description | view/download |
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