UK Companies House feature
PHOENIX ENERGY GROUP LTD
Profile
- Company number
- NI032809
- Status
- Active
- Incorporation
- 1997-08-11
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 35230
- Hubs
- UK Energy & Climate
Accounts
Pending extraction
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Deloitte (NI) Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The company's financial forecasts and projections to June 2026 show that the company expects to continue to generate positive cash flows. At the year end, the company has cash balances of £21.5m and has committed bank financing facilities to June 2027, including £55.0m of undrawn facilities available. The company also has a prudent debt to Total Regulatory Value position at the balance sheet date and has clear visibility of allowed regulated revenues under the current price control until 31 December 2028. The company forecasts and projections, after taking account of reasonable levels of possible changes in trading performance, show that it is capable of operating well within the level of the current cash resources available to it. As a result of the above the directors consider it appropriate to prepare the financial statements on a going concern basis.”
Significant events
- “On the 26 April 2024, 100% of the share capital of the ultimate parent company of Phoenix Energy Group Ltd ('PEGL'), Lionrai Investments No.1 Limited, was purchased by CK William Energy UK Limited, a company incorporated in England, from the previous shareholders. On 26 January 2025 the board of CK William Energy UK Limited passed a resolution to change the company name of CK William Energy UK Limited to Phoenix Energy Group Holdings Limited ('PEGHL').”
- “In May 2024, the company completed the refinancing of its institutional debt, as noted on page 6.”
- “Following the acquisition of Lionrai Investments No.1 Limited by PEGHL on 26 April 2024, the company's auditor has changed. KPMG resigned as auditor on 3 July 2024, and Deloitte (NI) Limited were appointed as the company's auditors on 12 August 2024.”
- “During the year, PNGPPF completed the refinancing of its Private Placement Notes. In May 2024, the existing £280m Private Placement Notes were repaid and a new Private Placement facility, being made up of £242m of 6.25% fixed rate and £38m of floating rate Guaranteed Senior Secured Notes, was drawn down. The new facility is due for redemption in June 2031. PEGL also agreed £230m of new bank finance (£175m term and £55m of revolving facilities) to replace the £230m of bank facilities expiring in August 2024. The new bank facility was drawn, and the original facility was repaid, in May 2024 with the new facility being repayable in June 2027.”
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
4 active · 20 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MARKWELL, Peter Graeme | Secretary | 2023-09-26 | — | — |
| BENDING, Jeremy Brice | Director | 2018-02-12 | Jul 1954 | British |
| CHADA, Kailash | Director | 2023-06-15 | Apr 1971 | British |
| KIRKPATRICK, Stephen | Director | 2024-02-13 | Nov 1963 | British |
Show 20 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CHADA, Kailash | Secretary | 2018-02-06 | 2023-09-26 |
| HORNBY, Jenny Belinda | Secretary | 2004-12-30 | 2005-12-15 |
| INMAN, Carol Susan | Secretary | 1997-08-11 | 2004-12-30 |
| MC KINSTRY, William Francis Michael | Secretary | 2005-12-14 | 2018-02-06 |
| AMBROSE, Brian | Director | 2015-02-13 | 2024-02-12 |
| BELL, Ivan Robert | Director | 2008-02-21 | 2013-12-18 |
| DIXON, Peter Vincent | Director | 2013-12-18 | 2014-12-31 |
| DIXON, Peter Vincent | Director | 2005-12-15 | 2010-03-30 |
| EDWARDS, Mark | Director | 1997-08-11 | 2002-10-25 |
| FULTON, Richard | Director | 2010-02-15 | 2015-02-14 |
| GRIFFIN, John Edward Henry | Director | 1997-08-11 | 2003-04-01 |
| HOLDER, Philip Bernard | Director | 2004-12-30 | 2006-01-11 |
| INMAN, Carol Susan | Director | 2002-10-25 | 2004-12-30 |
| MATHEWS, Benedict John Spurway | Director | 2003-04-01 | 2004-12-30 |
| MCKINSTRY, William Francis Michael | Director | 2013-12-18 | 2023-06-15 |
| MCKINSTRY, William Francis Michael | Director | 2005-12-15 | 2010-03-30 |
| POLLOCK, Alastair John | Director | 2015-02-13 | 2016-12-31 |
| POLLOCK, Alastair John | Director | 2008-02-21 | 2013-12-18 |
| RITSON, Peter Julian | Director | 2010-02-15 | 2018-02-12 |
| RUSSELL, David George | Director | 2010-02-15 | 2017-06-12 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Phoenix Distribution Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 140 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-03-16 | CH01 | officers | change person director company with change date |
| 2026-02-03 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-09-08 | AA | accounts | accounts with accounts type full |
| 2025-02-04 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-09-26 | AA | accounts | accounts with accounts type full |
| 2024-02-20 | AP01 | officers | appoint person director company with name date |
| 2024-02-20 | TM01 | officers | termination director company with name termination date |
| 2024-02-07 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-12-01 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2023-11-22 | RESOLUTIONS | resolution | resolution |
| 2023-11-16 | MA | incorporation | memorandum articles |
| 2023-10-16 | PSC05 | persons-with-significant-control | change to a person with significant control |
| 2023-10-13 | CERTNM | change-of-name | certificate change of name company |
| 2023-10-13 | CONNOT | change-of-name | change of name notice |
| 2023-09-29 | AP03 | officers | appoint person secretary company with name date |
| 2023-09-29 | TM02 | officers | termination secretary company with name termination date |
| 2023-09-14 | AA | accounts | accounts with accounts type full |
| 2023-06-21 | AP01 | officers | appoint person director company with name date |
| 2023-06-21 | TM01 | officers | termination director company with name termination date |
| 2023-02-02 | CS01 | confirmation-statement | confirmation statement with no updates |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory