UNITED DOWNS GEOTHERMAL LIMITED

Active Redruth

Construction of utility projects for electricity and telecommunications

0 employees website.com
Construction of utility projects for electricity and telecommunications
U

UNITED DOWNS GEOTHERMAL LIMITED

Construction of utility projects for electricity and telecommunications

Founded 17 Jul 2017 Active Redruth, England 0 employees website.com
Construction of utility projects for electricity and telecommunications

Previous Company Names

UNITED DOWNS GEOTHERMAL PLC 17 Jul 2017 — 13 Dec 2019
Accounts Submitted 21 May 2026 Next due 30 Sept 2026 3 months remaining
Confirmation
Net assets £13M £999K 2024 year on year
Total assets £27M £6M 2024 year on year
Total Liabilities £14M £7M 2024 year on year
Charges 2
1 outstanding 1 satisfied

Contact & Details

Contact

Registered Address

United Downs Industrial Estate St Day Redruth Cornwall TR16 5HY England

Website

www.example.com

Full company profile for UNITED DOWNS GEOTHERMAL LIMITED (10868073), an active company based in Redruth, England. Incorporated 17 Jul 2017. Construction of utility projects for electricity and telecommunications. View financials, directors, shareholders, and filings.

Business Summary

This company specializes in providing innovative solutions and services across multiple sectors.

Products & Services

consulting software analytics integration

Reports

Credit Report

In-depth credit score, financial analysis, risk assessment and company intelligence.

Financials

Financials

Period 1 Jan → 31 Dec 2024
Type total-exemption-full
Next accounts 31 Dec 2025
Due by 30 Sept 2026 3 months remaining

Net Assets, Total Assets & Total Liabilities (2018–2024)

Cash in Bank

£1.27M

Decreased by £359.62k (-22%)

Net Assets

£13.05M

Decreased by £998.95k (-7%)

Total Liabilities

£13.50M

Increased by £7.02M (+108%)

Turnover

N/A

Employees

N/A

Debt Ratio

51%

Increased by 19 (+59%)

Financial History

Revenue, profit, EBITDA and key financial figures

2024
31 Dec Year End
2023
31 Dec Year End
P&L
Revenue
£142.3M
£128.7M
Gross Profit
£48.2M
£43.1M
Operating Profit
£22.4M
£19.8M
Net Profit
£18.1M
£15.9M
EBITDA
£31.5M
£28.2M
Assets
Cash
£24.7M
£21.3M
Total Assets
£89.4M
£82.1M
Liabilities
Total Liabilities
£45.2M
£41.8M
Key Metrics
Employees
1,247
1,156
Latest Revenue
£142.3M
Latest EBITDA
£31.5M
Cash Position
£24.7M

Funding

Fundraising & Grants

No fundraising or grants recorded

Investors (0)

No investor information available

Share Capital

Share Capital

Share allotments and capital structure

3 Allotments 9,000 Shares £3.43m Total
Date FromShare ClassShares AllottedAmount RaisedPrice/Share
8 Mar 20235,320£0£0
8 Mar 20231,680£0£0
8 Mar 20232,000£3.43m£2k

Officers

Officers

2 active 1 resigned
Status
Ellison, Simon JamesSecretaryUnknownUnknown27 Aug 2025Active
Jules Van LimborghDirectorDutchUnited Kingdom6724 Feb 2023Active

Shareholders

Shareholders (3)

Cx Geothermal Ltd
50.2%
3,347
Thrive Renewables Plc
34.8%
2,320

Persons with Significant Control

Persons with Significant Control (3)

3 Active 2 Ceased

Thrive Renewables Plc

United Kingdom

Active
Notified 8 Mar 2023
Nature of Control
  • Ownership Of Shares 25 To 50 Percent,voting Rights 25 To 50 Percent

Geothermal Engineering Ltd

Unknown

Active
Notified 27 Aug 2025
Nature of Control
  • Ownership Of Shares 75 To 100 Percent
  • Voting Rights 75 To 100 Percent
  • Right To Appoint And Remove Directors

Cx Geothermal Limited

United Kingdom

Active
Notified 8 Mar 2023
Nature of Control
  • Ownership Of Shares 50 To 75 Percent,voting Rights 50 To 75 Percent

Ryan Law

Ceased 8 Mar 2023

Ceased
Ceased

Group Structure

Group Structure

THRIVE RENEWABLES PLC united kingdom
CX GEOTHERMAL LIMITED united kingdom
UNITED DOWNS GEOTHERMAL LIMITED Current Company

Charges

Charges

1 outstanding 1 satisfied

Properties

Properties

2 leasehold 2 total
AddressTenurePrice PaidDate Added
Unit 3, United Downs Industrial Park, St Day, Redruth (TR16 5HY) CORNWALL
Leasehold-23 Mar 2022
Unit 3, United Downs Industrial Park, St Day, Redruth (TR16 5HY) CORNWALL
Leasehold-28 Mar 2018
Unit 3, United Downs Industrial Park, St Day, Redruth (TR16 5HY)
Leasehold
Added 23 Mar 2022
District CORNWALL
Unit 3, United Downs Industrial Park, St Day, Redruth (TR16 5HY)
Leasehold
Added 28 Mar 2018
District CORNWALL

Documents

Company Filings

DateCategoryDescriptionDocument
21 May 2026AccountsAnnual accounts made up to 31 Dec 2025
14 May 2026ResolutionResolutions
14 May 2026IncorporationMemorandum Articles
9 Apr 2026MortgageMortgage Create With Deed With Charge Number Charge Creation Date
10 Sept 2025Persons With Significant ControlGeothermal Engineering Ltd notified as a person with significant control
21 May 2026 Accounts

Annual accounts made up to 31 Dec 2025

14 May 2026 Resolution

Resolutions

14 May 2026 Incorporation

Memorandum Articles

9 Apr 2026 Mortgage

Mortgage Create With Deed With Charge Number Charge Creation Date

10 Sept 2025 Persons With Significant Control

Geothermal Engineering Ltd notified as a person with significant control

Recent Activity

Latest Activity

Annual accounts made up to 31 Dec 2025

2 weeks ago on 21 May 2026

Resolutions

3 weeks ago on 14 May 2026

Memorandum Articles

3 weeks ago on 14 May 2026

Mortgage Create With Deed With Charge Number Charge Creation Date

2 months ago on 9 Apr 2026

Geothermal Engineering Ltd notified as a person with significant control

9 months ago on 10 Sept 2025