Cash

£12K

+432.4% vs 2023

Net assets

-£413K

-1.4% vs 2023

Employees

5

0% vs 2023

Profit before tax

Period ending 2024-12-31

Profile

Company number
05413158
Status
Active
Incorporation
2005-04-04
Last accounts made up
2024-12-31
Account category
GROUP
Primary SIC
62012
Hubs
UK AI & Enterprise SaaS

Net assets

5-year trend · vs UK AI & Enterprise SaaS median

£0£1£120212022202320232024
TARGET ENERGY SOLUTIONS LIMITED

Accounts

5-year trend · latest 2024-12-31

Metric Trend 2021-12-312022-12-312023-01-012023-12-312024-12-31
Turnover
Operating profit
Profit before tax
Net profit -£176,958-£262,388£6,562-£5,565
Cash £59,819£1,039£2,222£11,830
Total assets less current liabilities £268,265-£23,972-£17,410-£190,634
Net assets -£151,927-£414,315-£407,753-£413,318
Equity -£151,927-£414,315-£414,315-£407,753-£413,318
Average employees 13955
Wages

Values shown as filed in iXBRL accounts. indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers

Audit & accounting basis

From AI-extracted PDF accounts

Accounting basis
FRS 102 §1A
Reporting scope
Consolidated (group)
Abridged
Yes — abridged accounts (limited disclosure)
Auditor
HAMLYNS CHARTERED ACCOUNTANTS
Audit opinion
Unaudited (audit-exempt)
Going concern
Affirmed

“The directors believe the entity will continue to be a going concern for the next twelve months and that the going concern basis of preparation is correct. Assurances have been received from the directors and immediate parent company that they will continue to provide financial support as necessary for the group and the company to meet their liabilities as they fall due. Any additional funding would be made available by way of loans or share capital should this be necessary. Accordingly, the financial statements have been prepared on a going concern basis.”

Subsidiaries

Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers

People

5 active · 12 resigned

Name Role Appointed Born Nationality
CAMPBELL, Lia Maria Secretary 2020-05-28
AL MUJAINI, Ali Ahmed Abdullah Director 2014-11-19 Mar 1971 Omani
AL RAISI, Muatasam Hassan, Dr Director 2020-11-16 Dec 1966 Omani
AL-JARDANI, Ali Khalfan Said Director 2014-11-19 Nov 1972 Omani
CAMPBELL, Lia Maria Director 2023-06-26 Jul 1978 British
Show 12 resigned officers
Name Role Appointed Resigned
ALGAN, Ugur, Dr Secretary 2006-05-08 2014-07-11
LAMB, Elizabeth Ann Secretary 2005-04-04 2006-05-08
MERTENS, Timothy Peter Secretary 2014-07-11 2020-05-28
ALGAN, Ugur, Dr Director 2006-05-08 2018-06-22
CRUISE, Jamie Director 2006-05-08 2019-06-06
HOLMES, David Michael Director 2009-05-01 2014-03-31
LAMB, Charles Sebastian Director 2005-04-04 2006-05-08
LI, Yuxing Director 2020-02-06 2023-06-28
MONAGHAN, Grant Director 2014-11-19 2018-07-16
ORTIZ, Edgar Jairo Director 2012-08-23 2014-11-19
ROSAS, Mario Director 2012-08-23 2014-11-19
SELBY, Kevin Charles Director 2019-04-16 2020-02-10

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Target Oilfield Services Llc Corporate entity Shares 75–100% 2017-04-06 Active

Filing timeline

Last 20 of 93 total filings

Date Type Category Description
2025-12-11 CS01 confirmation-statement confirmation statement with no updates
2025-09-12 AA accounts accounts with accounts type group
2024-12-13 CS01 confirmation-statement confirmation statement with no updates
2024-09-18 AA accounts accounts with accounts type group
2023-12-21 CS01 confirmation-statement confirmation statement with no updates
2023-09-29 AA accounts accounts with accounts type group
2023-07-06 AP01 officers appoint person director company with name date
2023-06-29 TM01 officers termination director company with name termination date
2022-12-13 CS01 confirmation-statement confirmation statement with no updates
2022-09-06 AD01 address change registered office address company with date old address new address
2022-08-12 AA accounts accounts with accounts type group
2021-12-03 CS01 confirmation-statement confirmation statement with no updates
2021-09-27 AA accounts accounts with accounts type group
2021-08-28 AA01 accounts change account reference date company previous shortened
2020-12-22 CS01 confirmation-statement confirmation statement with no updates
2020-11-16 AP01 officers appoint person director company with name date
2020-09-16 AA accounts accounts with accounts type group
2020-05-28 AP03 officers appoint person secretary company with name date
2020-05-28 TM02 officers termination secretary company with name termination date
2020-02-10 AP01 officers appoint person director company with name date

Credit score

Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage

Credit score requires EBIT (operating profit / PBT) — not present in the latest extracted accounts.

Activity Score

Filings velocity, capital events, officer churn, accounts trajectory

Activity Score not yet computed for this company.

Official Companies House page