ISDEL ENERGY LIMITED

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

1. ISDEL ENERGY LIMITED 2020-02-26 → present
2. TUNZINI NUCLEAR LIMITED 2017-04-27 → 2020-02-26

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

Standalone (parent only)

Auditor

Constantin

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“No material uncertainties, that may cast significant doubt about the ability of the company to continue as a going concern, have been identified by the directors. In making this assessment the directors have considered the ongoing global geopolitical events and the uncertainty this could present. The directors have assessed the risk and established the business to be reasonably stable locally and these situations do not have a direct impact. There are no concerns on the company having any operational or management issues. The indicators of going concern have been reviewed and there are no adverse indicators. As a consequence, the directors believe that the company is well placed to manage its business risks successfully. The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the annual financial statements and for the next 12 month period.”

Significant events

• “The Russia/Ukraine war has had no impact on the business unit activity (as we are dedicated to engineering services, with no impact due to raw materials price increase, and minor impact due to energy price increase).”
• “The impact of higher inflation seems behind us now. However, while this impact has been mitigated through our selling princes to our customers, it seems the environment in the labour market remains challenging (lack of nuclear skilled resources on the UK market), and we must remain agile in this field in the future.”

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

Filings

11

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

3

last 12 months

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

• Turnover

  -21.2%

  £1,381,419 → £1,088,001

• Cash

  —

  Not reported

• Net assets

  +26.4%

  £493,204 → £623,519

• Employees

  +100%

  3 → 6

• Operating profit

  -8.5%

  £167,702 → £153,462

• Profit before tax

  -3.6%

  £181,702 → £175,212

• Wages

  +45.5%

  £235,502 → £342,763

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