Igas Energy Development Limited
Extraction of crude petroleum · Lincoln
ActiveUnited KingdomIncorporated 2010Private Limited Company
Financial position
Accounts to 2025-12-31 · GBP · Company accounts
Net assets
—
Cash
—
Turnover
—
Profit / loss
−£8,043,000
Current assets
—
Creditors < 1 year
£14,429,000
Equity
—
Average employees
Not available
Balance-sheet trend
GBP · companyFinancial statements
Selected figures from the best-ranked available filing for each period. Missing values remain unknown.
Some figures were read by AI from scanned accounts, so small errors are possible. View the filed accounts
| Reported figures | 2025-12-3112 months · Company · AI-read | 2024-12-31Company · AI-read |
|---|---|---|
| Balance sheet | ||
| Share capital | £13,000 | £13,000 |
| Assets | ||
| Debtors | £8,273,000 | £16,252,000 |
| Liabilities | ||
| Creditors within one year | £14,429,000 | £13,704,000 |
| Profit & loss | ||
| Operating profit | −£9,093,000 | −£2,277,000 |
| Interest receivable | £1,364,000 | £1,368,000 |
| Interest payable | £19,000 | — |
| Profit before tax | −£7,748,000 | −£909,000 |
| Tax | £295,000 | — |
| Profit / loss | −£8,043,000 | −£909,000 |
| Source evidence | View filing | View filing |
From the accounts
What the accounts for 2025-12-31 say about themselves, read by AI from the scanned filing.
- Principal activity
- The Company currently has no continuing operations and has not traded since 2023
- What it does
- exploration · appraisal · development · production · oil and gas reserves and resources (AI keywords)
- The year
- The Company currently has no continuing operations and has not traded since 2023. The Company's previous activities were to explore for, appraise, develop and produce oil and gas reserves and resources in the United Kingdom.
- Audit
- Subsidiary audit exemption, parent guarantee (s479A)
- Immediate parent
- Dart Energy (Europe) Limited
- Ultimate parent
- Star Energy Group plc
- Accounts
- Small company · FRS 101
Subsidiaries (1)
- Greenpark Energy Transportation Limited · 100% · England and Wales
Related parties (8)
- Group undertakings · Group undertaking · Amounts due from Group undertakings · 20,803 (000s)
- Group undertakings · Group undertaking · Amounts due from Group undertakings · 19,689 (000s)
- Group undertakings · Group undertaking · Expected credit loss allowance · (12,530) (000s)
- Group undertakings · Group undertaking · Expected credit loss allowance · (3,437) (000s)
- Group undertakings · Group undertaking · Amounts due to Group undertakings · (14,429) (000s)
- Group undertakings · Group undertaking · Amounts due to Group undertakings · (13,700) (000s)
- Group undertakings · Group undertaking · Interest on amounts owed from Group undertakings · 1,364 (000s)
- Group undertakings · Group undertaking · Interest on amounts owed from Group undertakings · 1,368 (000s)
Borrowings (1)
- Finance facility · from Kommunalkredit Austria AG (Kommunalkredit) · secured on A security arrangement was executed between Apex Corporate Trustees (UK) Limited (as security agent for Kommunalkredit), Star Energy Group plc and certain subsidiaries including the Company
Disposals (1)
- Greenpark Energy Transportation Limited · 100% · 2025-06-03
Share classes (2)
- 13,031 ordinary shares of £1
- 13,031 ordinary shares of £1
Principal risks (2)
- Credit risk
- Liquidity risk
Events after the year end (1)
- There have been no events since the balance sheet date which require disclosure under IAS 10
Secured borrowing
Registered charges, lenders and security interests.
Charges and related records
1 outstanding chargesAll Assets · created 2024-04-09
—
OutstandingShow 2 satisfied / released
All Assets · created 2019-11-14 · satisfied 2024-05-03
—
SatisfiedAll Assets · created 2015-04-07 · satisfied 2019-11-26
—
Satisfied