# TERNAN ENERGY LIMITED (SC500324)

> TERNAN ENERGY LIMITED is an active private limited company (company number SC500324) incorporated on 12 March 2015, registered in Aberdeen. Its registered activity is other engineering activities (SIC 71129). Latest small accounts cover the period ending 31 March 2025, showing net assets of £967k and cash of £812k, with 17 employees on average. Net assets rose 33% on the prior period (£726k).

- Status: Active
- Incorporated: 2015-03-12
- Registered office: Aberdeen, AB11 7LH
- SIC 71129: Other engineering activities
- Next accounts due: 2026-12-31
- Confirmation statement due: 2027-03-26
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the top quarter of 667 comparable companies in Aberdeen (median £10k, upper quartile £57k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | £967k | £812k | £814k | £672k | — | — | 17 |
| 2024-03-31 | £726k | £560k | £636k | £486k | — | — | 20 |

current ratio 2.42; size band small.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £966,967 at 31 March 2025
- Net assets up 10% or more on the prior period: +33.2% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 2.42
- Cash at bank of £50,000 or more: Cash £812,070
- Incorporated five or more years ago: Incorporated 12 March 2015

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Ms Lorna Mary Murray — owns 25–50% of shares; holds 25–50% of voting rights, since 2016-04-06
- Mr Mark Finch — owns 25–50% of shares; owns 25–50% of shares; holds 25–50% of voting rights, since 2016-04-06

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/SC500324
HTML: https://firmoscan.com/company/SC500324-ternan-energy-limited