UK Companies House feature
ISLANDMAGEE ENERGY LIMITED
Cash
£296
-93.8% vs 2022
Net assets
-£3M
-11.7% vs 2022
Employees
1
-66.7% vs 2022
Profit before tax
-£271K
+61.6% vs 2022
Profile
- Company number
- NI059776
- Status
- Active
- Incorporation
- 2006-06-15
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 35230
- Hubs
- UK Energy & Climate
Net assets
2-year trend · vs UK Energy & Climate median
Accounts
2-year trend · latest 2023-12-31
| Metric | Trend | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Turnover | £0 | £0 | |
| Operating profit | -£706,533 | -£256,245 | |
| Profit before tax | -£706,533 | -£271,440 | |
| Net profit | — | — | |
| Cash | £4,777 | £296 | |
| Total assets less current liabilities | -£2,329,113 | -£2,600,553 | |
| Net assets | -£2,329,113 | -£2,600,553 | |
| Equity | £2,329,113 | £2,600,553 | |
| Average employees | 3 | 1 | |
| 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
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- PKF Littlejohn LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on the going concern basis. In assessing whether the going concern assumption is appropriate the Directors consider all information available for the foreseeable future in particular the 12 months from the date of the sign off of these financial statements. This information includes consideration of management prepared cashflow forecasts and the provider of financial support. RCP, through Geostore, have undertaken to provide financial support to the Companyfor 12 months from the date of approval of the financial statements.”
Significant events
- “In February 2024 there was an appeal hearing to contest the August 2023 High Court decision to uphold the Marine License granted to the Company in 2021. In June 2024 the judge ruled in Favour of the appellant and the marine license were revoked from the Company.”
- “On 19 August 2024 the department of agriculture and environment agency (DAERA), the issuers of the licenses and lead party, took the decision to submit this case to the supreme court to have the full case heard again.”
- “The Company also made the decision to seek permission to the supreme court in order to gain back the full Marine License.”
- “This case was expected to be heard in mid 2025, however the situation changed when in December 2024 the supreme court rejected the case and instead sent it back to the Northern Ireland Assembly in Stormont in Belfast to have the minsters in Northern Ireland make the decision on the case.”
- “On 27 February 2025 it was decided after many discussions that a complete new application should be applied for.”
- “If the Company is unsuccessful in obtaining the new marine license, this would lead to the impairment of the related assets.”
- “The ultimate parent company, Harland & Wolff Group Holdings Plc (now renamed Halo (Group Holdings) Realisations Plc - "Halo") went into administration on 27th September 2024.”
- “In February 2025 and June 2025 the Company received further funding in total of £0.2m and £1m from the administrators of Harland & Wolff Holdings Plc and RCP respectively.”
- “On 16 October 2025 the entire issued share capital in Infrastrata UK Limited has been transferred from Halo (Group Holdings) Realisations PLC (in Administration) to GeoStore Holdings, L.P.”
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
2 active · 19 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| OREN, Ran | Director | 2025-03-21 | Dec 1970 | German |
| TWEED, Judith Catherine | Director | 2017-11-25 | Dec 1967 | British |
Show 19 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ROBERTS, Walter Rookehurst | Secretary | 2007-01-26 | 2017-11-02 |
| SARCON COMPLIANCE LIMITED | Corporate Secretary | 2006-06-15 | 2007-01-26 |
| ABBOTT, Mark Anthony William | Director | 2007-01-26 | 2008-11-04 |
| ARMSTRONG, Gerard | Director | 2006-06-15 | 2007-01-26 |
| CARGO, William James | Director | 2010-04-21 | 2012-01-18 |
| DOWNS, Russell | Director | 2024-07-19 | 2025-03-21 |
| GARDINER, Anita Elizabeth Anne | Director | 2014-10-28 | 2017-06-25 |
| GOUWS, Craig Stuart | Director | 2008-08-19 | 2013-04-18 |
| HANNA, Anita | Director | 2006-06-15 | 2007-01-26 |
| HINDLE, Andrew David, Dr | Director | 2015-05-12 | 2017-07-25 |
| HINDLE, Andrew David, Dr | Director | 2007-01-26 | 2014-10-28 |
| LARKIN, Patrick | Director | 2010-02-08 | 2017-12-19 |
| MCGARRITY, Stewart | Director | 2013-10-16 | 2017-07-25 |
| POCOCK, Adrian Richard | Director | 2017-07-25 | 2018-09-12 |
| RAMAN, Arun Suri | Director | 2020-02-18 | 2024-09-11 |
| ROBERTS, Walter Rookehurst | Director | 2008-11-04 | 2013-04-18 |
| ROSER, Stephen David | Director | 2013-04-18 | 2015-05-12 |
| WALE, Peter Verdun | Director | 2017-07-25 | 2017-11-09 |
| WOOD, John Macinnes | Director | 2018-07-25 | 2024-07-19 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Infrastrata Uk Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 119 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-01-30 | AA | accounts | accounts with accounts type full |
| 2025-07-23 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-03-28 | AP01 | officers | appoint person director company with name date |
| 2025-03-28 | TM01 | officers | termination director company with name termination date |
| 2025-01-24 | AAMD | accounts | accounts amended with accounts type full |
| 2024-12-16 | AA | accounts | accounts with accounts type total exemption full |
| 2024-09-11 | TM01 | officers | termination director company with name termination date |
| 2024-08-14 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2024-08-05 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2024-07-23 | AP01 | officers | appoint person director company with name date |
| 2024-07-22 | RESOLUTIONS | resolution | resolution |
| 2024-07-19 | TM01 | officers | termination director company with name termination date |
| 2024-06-22 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-03-07 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2024-02-29 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2023-11-02 | AA | accounts | accounts with accounts type full |
| 2023-06-26 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-03-13 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2023-02-10 | AA | accounts | accounts with accounts type full |
| 2023-01-17 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
Credit score
Altman Z″ (private-firm) · reference 2023-12-31
-9.78
DISTRESS
Altman Z″
- Working capital / Total assets -1.219 × 6.56 = -8.00
- Retained earnings / Total assets -0.444 × 3.26 = -1.45
- EBIT / Total assets -0.022 × 6.72 = -0.15
- Book equity / Total liabilities -0.182 × 1.05 = -0.19
Bands: > 2.6 safe · 1.1–2.6 grey · < 1.1 distress. Z″ is a public-formula baseline, not a substitute for adverse-data signals (CCJs, charges, gazette notices) — those land in a later pass.
Activity Score
Composite activity score · components 0–100 · reference 2026-05-09
9.9
COLD
/ 100
- Filings velocity 17
- Capital events 0
- Officer churn 0
- Headcount trajectory 0
- Accounts trajectory 38
- 2 filing(s) in last 12 months
- Employees -67% YoY
- Net Assets -12% YoY