HARTREE PARTNERS POWER & GAS COMPANY (UK) LIMITED

1. HARTREE PARTNERS POWER & GAS COMPANY (UK) LIMITED 2015-02-13 → present
2. HESS ENERGY POWER & GAS COMPANY (UK) LIMITED 2001-10-19 → 2015-02-13

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Ernst & Young

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Based on the above analysis, the going concern basis of preparation has been considered appropriate, as the directors believe that the Group will be in operation for the going concern period ending 30 April 2026.”

Group structure

1. HARTREE PARTNERS POWER & GAS COMPANY (UK) LIMITED · parent
   1. Hartree Partners Supply (UK) Limited 100% · UK · Supply agent
   2. Hartree Partners Securities (UK) Limited 100% · UK · Equity trading company
   3. Hartree Partners LNG 1 Limited 100% · UK · Dormant company
   4. Hartree Partners Holdings (Jersey) Limited 100% · Jersey · Holding company
   5. Hartree Partners (Switzerland) Sarl 100% · Switzerland · Trading company
   6. Hartree Partners Power & Gas Company (UK) Limited (Netherlands Branch) 100% · Netherlands · Regional branch
   7. Hartree Partners International, LLC 100% · Switzerland · Holding company

Significant events

• “In 2024, turnover and operating profit before and after tax decreased significantly as uncertainty was up due to geopolitical risk and extreme weather, volatility was range bound resulting in fewer market opportunities compared to prior years and there was a reduction in allocated income and costs.”
• “The Directors paid nil dividends in 2024 (2023: $1.1 billion).”
• “In September 2024, the Hartree Group and HPPGCO upsized the facility to $4,100 million and extended the maturity of the ABL Bank Facility to 4 September 2027.”
• “During the year, Ernst & Young LLP resigned as auditors and Ernst & Young, Chartered Accountants were appointed in their place to be auditors for the year.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

17

last 12 months

Capital events

2

last 24 months

Officers appointed

3

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -75.3%

  £381,988,881 → £94,206,820

• Cash

  +936.9%

  £508,525 → £5,272,795

• Net assets

  +4%

  £300,775,389 → £312,882,135

• Employees

  —

  Not reported

• Operating profit

  -89.4%

  £296,242,402 → £31,452,187

• Profit before tax

  -93.8%

  £288,249,815 → £17,939,214

• Wages

  -64.9%

  £60,254,262 → £21,148,258

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers