Dart Energy (West England) Limited
Private Limited Company · Lincoln
ActiveUnited KingdomIncorporated 2008Private Limited Company
Financial position
Accounts to 2025-12-31 · GBP · Company accounts
Net assets
−£10,952,000
Cash
—
Turnover
£7,983,000
Profit / loss
−£9,163,000
Current assets
£7,446,000
Creditors < 1 year
£22,443,000
Equity
−£10,952,000
Average employees
0
Balance-sheet trend
GBP · companyFinancial statements
Selected figures from the best-ranked available filing for each period. Missing values remain unknown.
Some figures were read by AI from scanned accounts, so small errors are possible. View the filed accounts
| Reported figures | 2025-12-3112 months · Company · AI-read | 2024-12-31Company · AI-read |
|---|---|---|
| Balance sheet | ||
| Net assets | −£10,952,000 | −£1,789,000 |
| Equity | −£10,952,000 | −£1,789,000 |
| Retained earnings | −£10,952,000 | −£1,789,000 |
| Assets | ||
| Fixed assets | £18,210,000 | £25,523,000 |
| Intangible assets | £287,000 | £154,000 |
| Property, plant & equipment | £11,090,000 | £14,828,000 |
| Current assets | £7,446,000 | £4,993,000 |
| Debtors | £7,245,000 | £4,754,000 |
| Stock | £201,000 | £239,000 |
| Liabilities | ||
| Creditors | £36,608,000 | £32,305,000 |
| Creditors within one year | £22,443,000 | £20,698,000 |
| Creditors after one year | £1,544,000 | £1,659,000 |
| Provisions | £356,000 | £366,000 |
| Net current assets | −£23,026,000 | −£21,286,000 |
| Profit & loss | ||
| Turnover | £7,983,000 | £9,778,000 |
| Cost of sales | £6,485,000 | £6,600,000 |
| Gross profit | £1,498,000 | £3,178,000 |
| Administrative expenses | £223,000 | £346,000 |
| Other operating income | £10,000 | — |
| Operating profit | −£4,126,000 | £546,000 |
| Interest receivable | — | £11,000 |
| Interest payable | £1,915,000 | £1,979,000 |
| Profit before tax | −£6,041,000 | −£1,422,000 |
| Tax | £3,122,000 | £1,581,000 |
| Profit / loss | −£9,163,000 | −£3,003,000 |
| People & pay | ||
| Average employees | 0 | 0 |
| Source evidence | View filing | View filing |
From the accounts
What the accounts for 2025-12-31 say about themselves, read by AI from the scanned filing.
- Principal activity
- The principal activity of the Company is to explore for, appraise, develop and produce oil and gas reserves and resources in the United Kingdom
- What it does
- oil · gas · exploration · appraisal · development · production · United Kingdom (AI keywords)
- The year
- The Company continues to optimise economic production from its assets and to seek initiatives to extend asset uptime and optimise processes and costs. During the year, the Company relinquished its working interest in certain of its exploration licences including PEDLs 145, 147, 189, 012 and EXL 273
- Audit
- Subsidiary audit exemption, parent guarantee (s479A)
- Immediate parent
- Dart Energy (Europe) Limited
- Ultimate parent
- Star Energy Group plc
- Accounts
- Small company · FRS 101
- Approved
- 2026-08-13, signed by F Ward
Turnover by segment (4)
- Oil sales: 7,975 (000s) (2025-12-31)
- Oil sales: 9,769 (000s) (2024-12-31)
- Electricity sales: 8 (000s) (2025-12-31)
- Electricity sales: 9 (000s) (2024-12-31)
Borrowings (2)
- intercompany loan for the transfer consideration · from Dart Energy (East England) Limited · £18.1 million · a fixed rate of 8% · repayable by the Company on demand
- finance facility · from Kommunalkredit Austria AG (Kommunalkredit) · secured on A security arrangement was executed between Apex Corporate Trustees (UK) Limited (as security agent for Kommunalkredit), Star Energy Group plc and certain subsidiaries including the Company
Acquisitions (1)
- Dart Energy (East England) Limited · 2024-01-01 · £18.1 million (000s)
Share classes (2)
- 2 ordinary of £1
- 2 ordinary of £1
Principal risks (4)
- political risk
- climate change risk
- planning, environmental, licensing and other permitting risks
- global events such as a global pandemic
Events after the year end (1)
- There have been no events since the balance sheet date which require disclosure under IAS 10
Secured borrowing
Registered charges, lenders and security interests.
Charges and related records
1 outstanding chargesAll Assets · created 2024-04-09
—
OutstandingShow 3 satisfied / released
All Assets · created 2019-11-14 · satisfied 2024-05-03
—
SatisfiedAll Assets · created 2015-04-07 · satisfied 2019-11-26
—
SatisfiedAll Assets · created 2010-01-26 · satisfied 2011-03-09
All monies
Satisfied