TENDE ENERGY SAHARA LIMITED

• ⚠

  Material uncertainty over going concern

  However, the Directors note that a material uncertainty exists which may cast significant doubt on the Company's ability to continue as a going concern. This is due to the fact that the Company is dependent on the continued financial support of its Ultimate parent company, ATOG Midco Limited, to meet its liabilities as they fall due.

1. TENDE ENERGY SAHARA LIMITED 2025-01-24 → present
2. ATOG SAHARA LIMITED 2019-11-20 → 2025-01-24
3. MEDCO SAHARA LIMITED 2014-08-28 → 2019-11-20
4. STORM SAHARA LIMITED 2010-03-23 → 2014-08-28
5. TALISMAN RESOURCES (TUNISIA) LIMITED 2006-06-16 → 2010-03-23
6. PALADIN RESOURCES (MONTROSE) LIMITED 2004-10-01 → 2006-06-16

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 101

Reporting scope

Standalone (parent only)

Auditor

PKF Littlejohn LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“However, the Directors note that a material uncertainty exists which may cast significant doubt on the Company's ability to continue as a going concern. This is due to the fact that the Company is dependent on the continued financial support of its Ultimate parent company, ATOG Midco Limited, to meet its liabilities as they fall due.”

Significant events

• “In January 2025, the Group signed a Swap Agreement with another Tunisian operator related to the exchange of the Group's non-operated onshore interests for operated interests in some strategically important offshore assets ("Swap"). As of the date of this report the completion of the Swap remains subject to the satisfaction of a number of customary conditions precedent.”

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

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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

• Turnover

  +0.2%

  £4,736,101 → £4,745,738

• Cash

  -99.6%

  £361,749 → £1,483

• Net assets

  +22.4%

  £3,038,547 → £3,719,051

• Employees

  —

  Not reported

• Operating profit

  +21.7%

  £1,724,981 → £2,099,333

• Profit before tax

  +64.5%

  £1,257,228 → £2,068,199

• Wages

  -76.1%

  £161,601 → £38,547

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