TEAM ENERGY RESOURCES LIMITED - Profile & Financials

Accounts Submitted 6 Oct 2025

Confirmation Statement Submitted 1 Aug 2025

Net assets £1.52M £96.00K 2023 year on year

Total assets £3.63M £742.00K 2023 year on year

Total Liabilities £2.11M £838.00K 2023 year on year

Charges 6

6 satisfied

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Contact & Details

Contact

Update Details

Registered Address

7 Granard Business Centre Bunns Lane London NW7 2DQ England

Office (Aberdeen)

Tern Pl, Bridge of Don, Aberdeen AB23 8JX

Office (Norwich, Norfolk)

Ferryside, Ferry Road, NR1 1SW

Telephone

0122 445 2375

aberdeen@team-energy.co.uk

Website

team-energy.co.uk

Credit Report

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Mutual Companies

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Financials

Period 1 Jan → 31 Dec 2023

Type Total Exemption Full

Next accounts 31 December 2024

Due by 30 September 2025 9 months

Net Assets, Total Assets & Total Liabilities (2013–2023)

Cash in Bank

£252.00k

Decreased by £182.00k (-42%)

Net Assets

£1.52M

Decreased by £96.00k (-6%)

Total Liabilities

£2.11M

Increased by £838.00k (+66%)

Turnover

£14.75M

Increased by £1.35M (+10%)

Employees

N/A

Decreased by 42 (-100%)

Debt Ratio

58%

Increased by 14 (+32%)

Financial History

Revenue, profit, EBITDA and key financial figures

	2023 Dec Year End	2022 Dec 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

No fundraising or grants recorded

Investors (0)

No investor information available

Officers

4 active 14 resigned

Show resigned officers

						Status
Abid Hussain Raja	Director	British	United Kingdom	60	6 Jun 2025	Active
Armand Pasteur	Director	French	France	39	6 Jun 2025	Active
Edwin Coe Secretaries Limited	Corporate-secretary	United Kingdom	Unknown	—	6 Jun 2025	Active
Nicolas Kotliar	Director	French	France	40	6 Jun 2025	Active

Shareholders

Shareholders (2)


Altea Energy	100.0%	60,000	Ordinary	1 Aug 2025
Acteon Group Operations (uk) Limited	0.0%	0	Ordinary	1 Aug 2025

Persons with Significant Control

Persons with Significant Control (1)

1 Active 3 Ceased

Acteon Group Limited

United Kingdom

Active

Notified 6 Apr 2016

Nature of Control

Ownership Of Shares 75 To 100 Percent
Voting Rights 75 To 100 Percent
Right To Appoint And Remove Directors

Project Santis Deltaco Limited

Ceased 6 Jun 2025

Ceased

Altea Energy

Ceased 6 Jun 2025

Ceased

Acteon Group Operations (uk) Limited

Ceased 1 May 2025

Ceased

See All Controllers

Group Structure

ACTEON GROUP LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent

PROJECT SANTIS ALPHA BIDCO LTD united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

PROJECT SANTIS BIDCO LTD united kingdom

TEAM ENERGY RESOURCES LIMITED Current Company

Charges

6 satisfied

Documents

Company Filings

Date	Category	Description	Document
6 Oct 2025	Accounts	Annual accounts made up to 2024-12-31	View(29 pages)
4 Aug 2025	Address	Change Sail Address Company With Old Address New Address	View(1 page)
1 Aug 2025	Confirmation Statement	Confirmation statement made on 2025-06-29 with updates	View(4 pages)
29 Jul 2025	Persons With Significant Control	Cessation of Altea Energy as a person with significant control on 2025-06-06	View(1 page)
29 Jul 2025	Persons With Significant Control	Notification of a person with significant control statement	View(2 pages)