£20.55m
vs Dec 2024Active06663174Private limited companyRedruth
GEOTHERMAL ENGINEERING LIMITED
Significant control: Cx Geothermal Ltd (50–75%), Thrive Renewables PLC (25–50%)
From public filings as at 31 Aug 2026; may contain errors or be out of date. Verify at Companies House · Terms
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What does Geothermal Engineering Limited sell?
Registered activity: Production of electricity (SIC 35110). We’re building product and service lists for UK companies. Get this one when it’s ready.
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01
Summary
GEOTHERMAL ENGINEERING LIMITED is an active private limited company (company number 06663174) incorporated on 4 August 2008, registered in Redruth. Its registered activity is production of electricity (SIC 35110). Latest small accounts cover the period ending 31 December 2025, showing net assets of £20.55m and cash of £1.46m, with 16 employees on average. Net assets rose 749% on the prior period (−£3.16m). Across the last 3 periods on record the net-asset trend is volatile.
Peer position · net assets
By net assets it sits in the top quarter of 1,239 comparable companies in Other (median £100, upper quartile £106k).
02
Ownership and control
- Cx Geothermal Ltd
- owns 50–75% of shares
- holds 50–75% of voting rights
- can appoint or remove directors
- Thrive Renewables Plc
- owns 25–50% of shares
- holds 25–50% of voting rights
- Mr Ryan Law
- owns 50–75% of shares
- holds 50–75% of voting rights
- can appoint or remove directors
- has significant influence or control
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents. Directors and secretaries: see the officers list at Companies House.
03
Key dates
- Incorporated
- 4 August 200818 yrs ago
- Next accounts due
- 30 September 2027in 342 days
- Confirmation statement due
- 18 August 2027in 299 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
04
Activity
- SIC 35110
- Production of electricity
- SIC 42220
- Construction of utility projects for electricity and telecommunications
- SIC 43130
- Test drilling and boring
- Accounts type
- Total Exemption Full
- Size band
- SmallCompanies Act thresholds
05
Financials
£1.46m
+4666%vs Dec 2024Not reported
16
+23%vs Dec 2024| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 December 2025 | £20.55m | £1.46m | £2.85m | £1.03m | — | — | 16 |
| 31 December 2024 | −£3.16m | £31k | £3.31m | £523k | — | — | 13 |
| 31 December 2023 | −£2.03m | £580k | £3.29m | £335k | — | — | 9 |
Current ratio4.21Current assets ÷ creditors within one year
Cash per employee£92kCash ÷ average employees
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
06
Filing and accounts signals
- Net assets above zeroNet assets £20,548,113 at 31 December 2025
- Net assets up 10% or more on the prior period+749.4% vs prior period
- Current assets at least 1.5× creditors within one yearCurrent ratio 4.21
- Cash at bank of £50,000 or moreCash £1,464,753
- Three or more accounting periods on record3 periods on record
- Incorporated five or more years agoIncorporated 4 August 2008
Neutral facts read from the register and filed accounts, each with its evidence. They are not a rating, a prediction or advice, and may be incomplete or out of date. How each signal is derived.
07
Timeline
- Next accounts duein 342 days
- Confirmation statement duein 299 days
- Accounts period endNet assets £20.55m · small accounts
- Accounts period endNet liabilities £3.16m · small accounts
- Accounts period endNet liabilities £2.03m · small accounts
- Incorporated
08
Similar companies in the UK
- PENTLAND ROAD WINDFARM LIMITEDWellington · inc. Aug 2008
- MERKLAND AND REAY FOREST HYDRO LIMITEDAchfary · inc. Aug 2008
- DRAX PUMPED STORAGE LIMITEDSelby · inc. Jul 2008
- MICKLEY HYDRO SCHEME LIMITEDSelby · inc. Jul 2008
- NETWORK POWER INSTALLATIONS LIMITEDStowmarket · inc. Jul 2008
- TEGNI CYMRU CYFLlandudno · inc. Sept 2008
All companies incorporated on 4 August 2008 · in Aug 2008.
09
Reminders for GEOTHERMAL ENGINEERING LIMITED
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.