GLOBAL OTEC RESOURCES LTD

Active London

Construction of utility projects for electricity and telecommunications

4 employees website.com
Environment, agriculture and waste Construction of utility projects for electricity and telecommunications
G

GLOBAL OTEC RESOURCES LTD

Construction of utility projects for electricity and telecommunications

Founded 15 Sept 2015 Active London, United Kingdom 4 employees website.com
Environment, agriculture and waste Construction of utility projects for electricity and telecommunications

Previous Company Names

DESALINATION TUNNELS LIMITED 15 Sept 2015 — 28 Jul 2017
Accounts Submitted 5 Feb 2026 Next due 30 Jun 2027 12 months remaining
Confirmation Submitted 23 Apr 2026 Next due 2 Mar 2027 8 months remaining
Net assets £134K £338K 2025 year on year
Total assets £327K £280K 2025 year on year
Total Liabilities £193K £618K 2025 year on year
Charges None No charges registered

Contact & Details

Contact

Registered Address

Sustainable Workspaces, County Hall, 5th Floor Belvedere Road London SE1 7PB United Kingdom

Email

info@example.com

Website

www.example.com

Full company profile for GLOBAL OTEC RESOURCES LTD (09778525), an active environment, agriculture and waste company based in London, United Kingdom. Incorporated 15 Sept 2015. Construction of utility projects for electricity and telecommunications. View financials, directors, shareholders, and filings.

Business Summary

This company specializes in providing innovative solutions and services across multiple sectors.

Products & Services

consulting software analytics integration

Reports

Credit Report

In-depth credit score, financial analysis, risk assessment and company intelligence.

Financials

Financials

Period 1 Oct → 30 Sept 2025
Type total-exemption-full
Next accounts 30 Sept 2026
Due by 30 Jun 2027 12 months remaining

Net Assets, Total Assets & Total Liabilities (2016–2025)

Cash in Bank

£221.93k

Decreased by £222.95k (-50%)

Net Assets

£133.90k

Increased by £337.59k (+166%)

Total Liabilities

£193.04k

Decreased by £617.87k (-76%)

Turnover

N/A

Employees

4

Debt Ratio

59%

Decreased by 75 (-56%)

Financial History

Revenue, profit, EBITDA and key financial figures

2025
30 Sept Year End
2024
30 Sept Year End
P&L
Revenue
£142.3M
£128.7M
Gross Profit
£48.2M
£43.1M
Operating Profit
£22.4M
£19.8M
Net Profit
£18.1M
£15.9M
EBITDA
£31.5M
£28.2M
Assets
Cash
£24.7M
£21.3M
Total Assets
£89.4M
£82.1M
Liabilities
Total Liabilities
£45.2M
£41.8M
Key Metrics
Employees
1,247
1,156
Latest Revenue
£142.3M
Latest EBITDA
£31.5M
Cash Position
£24.7M

Funding

Fundraising & Grants

Funding Rounds 3
Grants 1

Investors (5)

Investor NameInvestor SinceParticipating Rounds
Investor 6Feb 2022Seed
Investor 2Feb 2024Seed
Investor 3Feb 2024Seed

Share Capital

Share Capital

Share allotments and capital structure

8 Allotments 28,076 Shares £938k Total
Date FromShare ClassShares AllottedAmount RaisedPrice/Share
31 Jan 20261,932£19.32£0.01
11 Mar 20256,504£300k£300k
11 Mar 20255,420£250k£250k
18 Feb 20221,753£50k£28.52
10 Feb 2022786£20k£25.445

Officers

Officers

2 active 1 resigned
Status
Grech, DanDirectorBritishUnited Kingdom3715 Sept 2015Active
Reynolds, Neil MartinDirectorBritishWales651 Nov 2021Active

Shareholders

Shareholders (17)

Dan Grech
76.7%
90,000
Sfc Nominees Limited
4.1%
4,863

Persons with Significant Control

Persons with Significant Control (1)

1 Active 2 Ceased

Mr Dan Grech

British

Active
Notified 11 Mar 2025
Residence United Kingdom
DOB October 1988
Nature of Control
  • Ownership Of Shares 50 To 75 Percent
  • Voting Rights 50 To 75 Percent
  • Right To Appoint And Remove Directors

Hayden Grantley Ashfield

Ceased 16 Jul 2021

Ceased

Mr Daniel Joseph Grech

Ceased 11 Mar 2025

Ceased

Group Structure

Group Structure

No group structure identified

Charges

Charges

No charges registered

Properties

Properties

0 total

No related properties

Documents

Company Filings

DateCategoryDescriptionDocument
23 Apr 2026Confirmation StatementConfirmation statement made on 16 Feb 2026 with updates
18 Apr 2026OfficersAppointment of Mr Karl Yvan Farrow as director
2 Mar 2026Persons With Significant ControlDan Grech notified as a person with significant control
27 Feb 2026CapitalAllotment of shares (GBP 1,311.92) on 31 Jan 2026
27 Feb 2026Persons With Significant ControlCessation of Daniel Joseph Grech as a person with significant control on 11 Mar 2025
23 Apr 2026 Confirmation Statement

Confirmation statement made on 16 Feb 2026 with updates

18 Apr 2026 Officers

Appointment of Mr Karl Yvan Farrow as director

2 Mar 2026 Persons With Significant Control

Dan Grech notified as a person with significant control

27 Feb 2026 Capital

Allotment of shares (GBP 1,311.92) on 31 Jan 2026

27 Feb 2026 Persons With Significant Control

Cessation of Daniel Joseph Grech as a person with significant control on 11 Mar 2025

Recent Activity

Latest Activity

Confirmation statement made on 16 Feb 2026 with updates

1 months ago on 23 Apr 2026

Appointment of Mr Karl Yvan Farrow as director

1 months ago on 18 Apr 2026

Dan Grech notified as a person with significant control

3 months ago on 2 Mar 2026

Allotment of shares (GBP 1,311.92) on 31 Jan 2026

3 months ago on 27 Feb 2026

Cessation of Daniel Joseph Grech as a person with significant control on 11 Mar 2025

3 months ago on 27 Feb 2026