MM ENERGY LTD — The Accounts

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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-09-06 (in 4mo)

Last made up 2025-08-23

Watchouts

2 items

Cash

£9K

-68.8% vs 2023

Net assets

-£331K

-30.8% lowest in 6 filed years

Employees

0% vs 2023

Profit before tax

—

Period ending 2024-12-31

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Material uncertainty over going concern

We draw attention to Note 1.4 to the financial statements, which indicates that the group had net liabilities of £5,081,335 at 31 December 2024 (2023: £4,599,946) and is dependent on the continued financial support of its shareholder. These conditions indicate the existence of a material uncertainty that may cast significant doubt on the group's ability to continue as a going concern.
Audit opinion: Disclaimer of opinion

Latest auditor's report carried a non-clean opinion.

Net assets

6-year trend · vs Utilities median

MM ENERGY LTD·Utilities median · n=234

Accounts

6-year trend · latest reflected 2024-12-31

Metric	2019-06-30	2020-06-30	2021-06-30	2022-06-30	2023-12-31	2024-12-31
Turnover	—	—	—	—	—	—
Operating profit	—	—	—	—	—	—
Profit before tax	—	—	—	—	—	—
Net profit	—	—	—	—	-£58,035	-£77,903
Cash	£38,620	£8	£118,896	£6,898	£30,089	£9,381
Total assets less current liabilities	—	—	—	-£194,927	-£252,962	-£330,865
Net assets	-£102,876	-£211,551	-£236,081	—	—	—
Equity	-£102,876	-£211,551	-£236,081	-£194,927	-£252,962	-£330,865
Average employees	0	1	3	3	2	2
Wages	—	—	—	—	£29,973	£23,809

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

Audit & accounting basis

Accounting basis: FRS 102
Reporting scope: Consolidated group
Auditor: KLSA LLP
Audit opinion: Disclaimer of opinion
Going concern: Material uncertainty disclosed
“We draw attention to Note 1.4 to the financial statements, which indicates that the group had net liabilities of £5,081,335 at 31 December 2024 (2023: £4,599,946) and is dependent on the continued financial support of its shareholder. These conditions indicate the existence of a material uncertainty that may cast significant doubt on the group's ability to continue as a going concern.”

Group structure

MM ENERGY LTD · parent
1. Linda Energia SL 100% · Spain
2. Eight Square SBNV LLC 100% · USA
3. Buenos Dias Energia SL 100% · Spain
4. Buensol Energia SL 100% · Spain
5. Mami Energia SL 100% · Spain
6. Mater Energia SL 100% · Spain
7. Gold Energia Ltda 99.99% · Brazil
8. Linda Energia Ltda 99.99% · Brazil
9. Luce Energia Ltda 99.99% · Brazil
10. Ambre Energia Ltda 99.99% · Brazil
11. Ágata Energia Ltda 99.99% · Brazil
12. Mar Energia Ltda 99.99% · Brazil
13. Monterey Energia Ltda 99.99% · Brazil
14. Rubi Energia Ltda 99.99% · Brazil
15. Mater Energia do Brasil 100% · Brazil
16. Octava Sac (Holding) 99.99% · Peru
17. Mam Energia S. DE R.L. DE C.V. 99.9% · Mexico
18. Hola Energia S. DE R.L. DE C.V. 99.9% · Mexico
19. Linda Energia S. DE R.L. DE C.V. 99.9% · Mexico
20. Mag Energia S. DE R.L. DE C.V. 99.9% · Mexico
21. Luciernaga Energia S. DE R.L. DE C.V. 99.9% · Mexico
22. Ambra Energia S. DE R.I. DE C.V. 99.9% · Mexico
23. Aurora Energia S. DE R.L. DE C.V. 99.9% · Mexico
24. Alma Energia S. DE R.L. DE C.V. 99.9% · Mexico
25. Ventura Energia S. DE R.L. DE C.V. 99.9% · Mexico
26. Arturo Energia S. DE R.L. DE C.V. 99.9% · Mexico
27. Buensol Energia S. DE R.L. DE C.V. 99.9% · Mexico
28. Alba Energia S. DE R.L. DE C.V. 99.9% · Mexico
29. Mami Energia S. DE R.L. DE C.V. 99.9% · Mexico
30. Coucou Energia S. DE R.L. DE C.V. 99.9% · Mexico
31. Angel Energia S. DE R.L. DE C.V. 99.9% · Mexico
32. Jose Energia S. DE R.L. DE C.V. 99.9% · Mexico
33. Jose Energia S. DE R.L. DE C.V. 99.9% · Mexico
34. Manuel Energia S. DE R.L. DE C.V. 99.9% · Mexico
35. Chamaeleon Energy (Pty) Ltd 100% · South Africa
36. Arcturus Energy (Pty) Ltd 100% · South Africa
37. Altair Energy (Pty) Ltd 100% · South Africa
38. Dorado Energy (Pty) Ltd 100% · South Africa
39. Triangulum Energy (Pty) Ltd 100% · South Africa
40. Mensa Energy (Pty) Ltd 100% · South Africa
41. Lacerta Energy (Pty) Ltd 100% · South Africa
42. Pictor Energy (Pty) Ltd 100% · South Africa
43. Vortum Energy (Pty) Ltd 100% · South Africa
44. Hadar Energy (Pty) Ltd 100% · South Africa
45. Cassiopeia Energy (Pty) Ltd 100% · South Africa
46. Andromeda Energy (Pty) Ltd 100% · South Africa
47. Gianfar Energy (Pty) Ltd 100% · South Africa
48. Procyon Energy (Pty) Ltd 100% · South Africa
49. Rasalas Energy (Pty) Ltd 100% · South Africa
50. Zosma Energy (Pty) Ltd 100% · South Africa
51. Hogar Energy (Pty) Ltd 100% · South Africa
52. Genam Energy (Pty) Ltd 100% · South Africa
53. Rastaban Energy (Pty) Ltd 100% · South Africa

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

People

2 active · 2 resigned

Name	Role	Appointed	Born	Nationality
DE SANTANA, Cintia	Director	2019-03-08	May 1977	Brazilian,Italian
MEHTA, Asvin	Director	2020-05-04	Jun 1951	British

Show 2 resigned officers

Name	Role	Appointed	Resigned
BERGAMO, Chiara	Director	2013-03-07	2018-02-28
VENTURA, Daniele Riccardo Giorgio	Director	2018-02-28	2022-12-31

Ownership

Persons with significant control

Name	Kind	Nature of control	Notified	Status
Signora Margherita Stabiumi	Individual	Shares 75–100%	2016-04-06	Active

Filing timeline

Last 20 of 41 total filings

Date	Type	Category	Description
2026-05-02	DISS40	gazette	Gazette filings brought up to date
2026-04-30	AA	accounts	Accounts with accounts type group	PDF
2026-03-03	GAZ1	gazette	Gazette notice compulsory
2025-08-28	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2024-09-30	AA	accounts	Accounts with accounts type total exemption full	PDF
2024-09-04	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2023-12-27	AA01	accounts	Change account reference date company current extended	PDF
2023-08-29	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2023-03-20	AA	accounts	Accounts with accounts type total exemption full	PDF
2023-01-13	TM01	officers	Termination director company with name termination date	PDF
2022-08-30	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2022-03-25	AA	accounts	Accounts with accounts type total exemption full	PDF
2021-09-03	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2021-05-26	AA	accounts	Accounts with accounts type total exemption full	PDF
2020-11-04	MA	incorporation	Memorandum articles
2020-11-04	RESOLUTIONS	resolution	Resolution
2020-08-23	CS01	confirmation-statement	Confirmation statement with updates	PDF
2020-06-04	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2020-05-05	AP01	officers	Appoint person director company with name date	PDF
2020-03-31	AA	accounts	Accounts with accounts type total exemption full	PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings: 4
Capital events: 0
Officers appointed: 0
Officers resigned: 0

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

Year-on-year

FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31

Turnover

—

Not reported
Cash

-68.8%

£30,089 £9,381
Net assets

—

Not reported
Employees

0%

2 2
Wages

-20.6%

£29,973 £23,809

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers

Official Companies House page