TEAM ENERGY RESOURCES LIMITED

Active London

Support activities for petroleum and natural gas extraction

41 employees website.com
Professional services HR, recruitment & staffing Support activities for petroleum and natural gas extraction
T

TEAM ENERGY RESOURCES LIMITED

Support activities for petroleum and natural gas extraction

Founded 24 Apr 1987 Active London, England 41 employees website.com
Professional services HR, recruitment & staffing Support activities for petroleum and natural gas extraction

Previous Company Names

TEAM DRILL LIMITED 3 Nov 1987 — 13 May 1999
HOVERHOT LIMITED 24 Apr 1987 — 3 Nov 1987
Accounts Submitted 6 Oct 2025 Next due 30 Sept 2026 5 months remaining
Confirmation Submitted 1 Aug 2025 Next due 13 Jul 2026 2 months remaining
Net assets £1M £372K 2024 year on year
Total assets £5M £2M 2024 year on year
Total Liabilities £3M £2M 2024 year on year
Charges 6
6 satisfied

Contact & Details

Contact

Registered Address

7 Granard Business Centre Bunns Lane London NW7 2DQ England

Telephone

0800 000 0000

Email

info@example.com

Website

www.example.com

Full company profile for TEAM ENERGY RESOURCES LIMITED (02125855), an active professional services company based in London, England. Incorporated 24 Apr 1987. Support activities for petroleum and natural gas extraction. 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 Jan → 31 Dec 2024
Type Total Exemption Full
Next accounts 31 December 2025
Due by 30 September 2026 9 months

Net Assets, Total Assets & Total Liabilities (2013–2024)

Cash in Bank

N/A

Decreased by £434.00k (-100%)

Net Assets

£1.25M

Decreased by £372.00k (-23%)

Total Liabilities

£3.41M

Increased by £2.14M (+168%)

Turnover

£15.65M

Increased by £2.25M (+17%)

Employees

41

Decreased by 1 (-2%)

Debt Ratio

73%

Increased by 29 (+66%)

Financial History

Revenue, profit, EBITDA and key financial figures

2024
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

Officers

0 active 3 resigned
Status

No officers found

No officers found

Shareholders

Shareholders (2)

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

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
Ceased

Altea Energy

Ceased 6 Jun 2025

Ceased
Ceased

Group Structure

Group Structure

TEAM ENERGY RESOURCES LIMITED Current Company

Charges

Charges

6 satisfied

Properties

Properties

0 total

No related properties

Documents

Company Filings

DateCategoryDescriptionDocument
6 Oct 2025AccountsAnnual accounts made up to 2024-12-31
4 Aug 2025AddressChange Sail Address Company With Old Address New Address
1 Aug 2025Confirmation StatementConfirmation statement made on 2025-06-29 with updates
29 Jul 2025Persons With Significant ControlNotification of a person with significant control statement
29 Jul 2025Persons With Significant ControlCessation of Altea Energy as a person with significant control on 2025-06-06
6 Oct 2025 Accounts

Annual accounts made up to 2024-12-31

4 Aug 2025 Address

Change Sail Address Company With Old Address New Address

1 Aug 2025 Confirmation Statement

Confirmation statement made on 2025-06-29 with updates

29 Jul 2025 Persons With Significant Control

Notification of a person with significant control statement

29 Jul 2025 Persons With Significant Control

Cessation of Altea Energy as a person with significant control on 2025-06-06

Recent Activity

Latest Activity

Annual accounts made up to 2024-12-31

6 months ago on 6 Oct 2025

Change Sail Address Company With Old Address New Address

8 months ago on 4 Aug 2025

Confirmation statement made on 2025-06-29 with updates

8 months ago on 1 Aug 2025

Notification of a person with significant control statement

8 months ago on 29 Jul 2025

Cessation of Altea Energy as a person with significant control on 2025-06-06

8 months ago on 29 Jul 2025