Phoenix Energy Services Limited
Private Limited Company · Belfast
ActiveUnited KingdomIncorporated 2001Private Limited Company
Financial position
Accounts to 2025-12-31 · GBP · Company accounts
Net assets
£777,000
Cash
£1,829,000
Turnover
—
Profit / loss
—
Current assets
£1,879,000
Creditors < 1 year
£1,102,000
Equity
£777,000
Average employees
50
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 | ||
| Net assets | £777,000 | £1,903,000 |
| Equity | £777,000 | £1,903,000 |
| Share capital | £2 | £2 |
| Retained earnings | £777,000 | £1,903,000 |
| Assets | ||
| Current assets | £1,879,000 | £2,758,000 |
| Cash at bank | £1,829,000 | £2,680,000 |
| Debtors | £40,000 | £68,000 |
| Stock | £10,000 | £10,000 |
| Liabilities | ||
| Creditors within one year | £1,102,000 | £855,000 |
| Net current assets | £777,000 | £1,903,000 |
| Assets less current liabilities | £777,000 | £1,903,000 |
| Profit & loss | ||
| Profit before tax | £512,000 | £424,000 |
| Tax | £126,000 | £108,000 |
| Dividends | £1,512,000 | — |
| Operating costs | ||
| Audit fees | £5,000 | £5,000 |
| People & pay | ||
| Average employees | 50 | 48 |
| Pension costs | £119 | £124 |
| 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 principal activity of PES is as a leading provider of emergency response, asset installation and maintenance services to gas distribution and supply operators, together with the provision of boiler and appliance maintenance and inspection services to the wider energy community in Northern Ireland.
- What it does
- emergency response · asset installation · maintenance services · gas distribution · boiler and appliance maintenance · inspection services · metering and meter reading (AI keywords)
- The year
- Turnover of £4.5m in 2025 was £0.1m lower than 2024 and was primarily driven by the level of emergency response and maintenance works undertaken on behalf of PEGL. Operating profits of £0.5m in 2025 were marginally higher than 2024 levels mainly due to lower agency costs in the year.
- Outlook
- Overall, the future growth prospects at PES are very positive, mainly as a result of the ongoing expansion in the natural gas market in Northern Ireland and the consequent demand for maintenance and service activities from both operators and gas consumers.
- Auditor
- Deloitte (NI) Limited · senior statutory auditor Grace Cartin
- Audit opinion
- Clean (unmodified)
- Immediate parent
- Phoenix Energy Holdings Limited · Great Britain
- Accounts
- FRS 102
- Approved
- 2026-08-18, signed by K Chada
Related parties (4)
- Phoenix Energy Holdings Limited · immediate parent company · Amounts owed to parent company; unsecured, repayable on demand and interest-bearing · 408 (000s)
- Phoenix Energy Holdings Limited · immediate parent company · Amounts owed to parent company; unsecured, repayable on demand and interest-bearing · 301 (000s)
- Fellow subsidiary undertakings · fellow subsidiary undertakings · Trading balances owed; non-interest bearing · 292 (000s)
- Fellow subsidiary undertakings · fellow subsidiary undertakings · Trading balances owed; non-interest bearing · 241 (000s)
Borrowings (1)
- Amounts owed to parent undertaking · from Phoenix Energy Holdings Limited · 408 (000s) · Sonia plus a variable rate margin · repayable on demand · secured on unsecured
Share classes (1)
- 2 ordinary of £1 each
Principal risks (1)
- Dependence on a single related party, PEGL, for the vast majority of its turnover
Events after the year end (1)
- There were no events subsequent to the balance sheet date that require disclosure.
Contingent liabilities (1)
- At 31 December 2025 the company had no contingent liabilities (2024: £Nil).
Secured borrowing
Registered charges, lenders and security interests.
Charges and related records
0 outstanding chargesShow 1 satisfied / released
Unknown · created 2007-12-31 · satisfied 2009-11-06
£0
Satisfied