UK Companies House feature
MGT TEESSIDE LIMITED
Profile
- Company number
- 06574235
- Status
- Active
- Incorporation
- 2008-04-23
- Last accounts made up
- 2025-03-31
- Account category
- FULL
- Primary SIC
- 35110
- Hubs
- UK Energy & Climate
Accounts
Pending extraction
No iXBRL extracted yet for this company.
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have undertaken a detailed assessment of the Company's ability to continue as a going concern, taking into account financial forecasts, capital expenditure programme, and liquidity requirements, including committed and uncommitted funding facilities. Based on this assessment, the Directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the future. Accordingly, the financial statements have been prepared on a going concern basis.”
Significant events
- “Plant is now in the final stages of commissioning, with transition to full commercial operation expected in the second half of 2025.”
- “Company assumed direct responsibility for the remaining construction and commissioning phases following the removal of the EPC contractor.”
- “In December 2024, the Company completed a refinancing that provided additional liquidity through a Tranche C facility (£17,500,000 remaining available) and a Tranche D facility (£50,000,000 in uncommitted funds, which requires Priority Tranche lender approval).”
- “In March 2025, px Group was appointed as the new O&M operator, replacing Fortum, under a revised contract aligned to operational requirements and at a reduced cost.”
- “The Company entered into a Restructuring Plan on 14 November 2024 to address the liquidity issues with additional debt available of £35,000,000 and also the renegotiation of some of its long-term contracts.”
- “The biomass facility is currently in the final stages of commissioning, with full commercial operations expected to commence later in 2025. For accounting purposes, the project is being recognised as operational from 31 March 2025, reflecting the transition to sustained operational activity.”
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
6 active · 23 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| VERCITY MANAGEMENT SERVICES LIMITED | Corporate Secretary | 2016-08-10 | — | — |
| FRIEHLING, Morten Eskild | Director | 2024-01-26 | May 1984 | Danish |
| JENSEN, David | Director | 2018-11-22 | Aug 1974 | Danish |
| JONES, Adrian William | Director | 2025-07-01 | Feb 1972 | British |
| ROHOU, Theodore Roger Louis | Director | 2024-11-15 | Jan 1984 | British |
| WAPLES, Christopher Brian | Director | 2021-01-28 | Jan 1959 | British |
Show 23 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| AZEVEDO, Thiago | Secretary | 2009-06-17 | 2012-09-14 |
| ELSWORTH, Benjamin | Secretary | 2008-04-30 | 2009-06-17 |
| TAYLOR WESSING SECRETARIES LIMITED | Corporate Secretary | 2008-04-23 | 2008-04-30 |
| ARCHER, Christopher Michael | Director | 2017-03-22 | 2018-05-24 |
| BOOTH, Matthew James Spencer | Director | 2016-08-10 | 2024-09-27 |
| BORNOE, Ulrik Pallisoe | Director | 2016-08-10 | 2017-02-22 |
| CHUNG, Jungman | Director | 2014-12-12 | 2016-08-10 |
| CLAUSEN, Jens Christian | Director | 2017-02-21 | 2024-12-31 |
| DOOLEY, Mark Jonathan | Director | 2016-08-10 | 2018-08-28 |
| EDGAR, Matthew John | Director | 2020-04-30 | 2024-11-15 |
| EDGAR, Matthew John | Director | 2018-10-08 | 2019-12-02 |
| ELSWORTH, Benjamin | Director | 2008-04-30 | 2016-08-10 |
| HAMDANI, Ahmed Hassan | Director | 2008-04-30 | 2012-06-08 |
| HANSEN, Kasper | Director | 2016-08-10 | 2021-03-15 |
| HARTLEY, Andrew Horsley Clifford | Director | 2018-08-28 | 2020-04-30 |
| ISHERWOOD, John Mark | Director | 2018-04-24 | 2018-08-28 |
| MOORE, Christopher David | Director | 2008-04-30 | 2012-08-21 |
| NANCARROW, Adam Cade | Director | 2019-12-19 | 2020-11-26 |
| PHANOS, Theophanis | Director | 2014-12-12 | 2016-08-10 |
| RIDDELL, David William | Director | 2008-04-30 | 2008-10-31 |
| STUART, John Lawson | Director | 2018-05-24 | 2018-08-28 |
| HUNTSMOOR LIMITED | Corporate Director | 2008-04-23 | 2008-04-30 |
| HUNTSMOOR NOMINEES LIMITED | Corporate Director | 2008-04-23 | 2008-04-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Chaptre Holdings Limited | Corporate entity | Shares 75–100% | 2016-08-10 | Active |
Filing timeline
Last 20 of 116 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2025-12-18 | AA | accounts | accounts with accounts type full |
| 2025-07-03 | AP01 | officers | appoint person director company with name date |
| 2025-06-19 | CH01 | officers | change person director company with change date |
| 2025-06-13 | CH01 | officers | change person director company with change date |
| 2025-06-06 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-03-31 | CH01 | officers | change person director company with change date |
| 2025-03-19 | CH01 | officers | change person director company with change date |
| 2025-03-17 | CH01 | officers | change person director company with change date |
| 2025-01-02 | TM01 | officers | termination director company with name termination date |
| 2024-12-24 | AA | accounts | accounts with accounts type full |
| 2024-12-10 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2024-12-10 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2024-11-15 | AP01 | officers | appoint person director company with name date |
| 2024-11-15 | TM01 | officers | termination director company with name termination date |
| 2024-10-09 | TM01 | officers | termination director company with name termination date |
| 2024-06-12 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-03-15 | CH01 | officers | change person director company with change date |
| 2024-03-15 | CH01 | officers | change person director company with change date |
| 2024-01-26 | AP01 | officers | appoint person director company with name date |
| 2023-12-31 | AA | accounts | accounts with accounts type full |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Credit score requires extracted accounts data.
Activity Score
Composite activity score · components 0–100 · reference 2026-05-09
30.4
COLD
/ 100
- Filings velocity 42
- Capital events 0
- Officer churn 25
- Headcount trajectory 50
- Accounts trajectory 50
- 5 filing(s) in last 12 months
- 1 appointed, 0 resigned (12mo)