United Downs Geothermal Limited

Active10868073 Private limited company
Incorporated
17 July 2017 (9 years)
Industry
Construction of utility projects for electricity and telecommunications (42220)
Accounts type
Total exemption full
Region
South West
Address
United Downs Industrial Estate
St Day
Redruth
TR16 5HY

Filing status

Accounts due
30 September 2027
Last accounts
31 December 2025
Conf. stmt due
30 July 2027
Last conf. stmt
16 July 2026

Charges

Total
2
Outstanding
1
Part satisfied
0
Satisfied
1

Officers

Not loaded yet. See them on Companies House

Ownership 1 active

People and entities with significant control, from the Companies House PSC register

Corporate entity · Notified 27 August 2025
Owns 75–100% of shares
Holds 75–100% of voting rights
Right to appoint and remove directors
Private Limited Company
Reg. no. 06663174
Former controllers (4)
27 August 2025
Ceased Thrive Renewables PLC — Owns 25–50% of shares
27 August 2025
Ceased CX Geothermal Limited — Owns 50–75% of shares
8 March 2023
Ceased Ryan Law — Owns 50–75% of shares (as a firm)
8 March 2023
Ceased Geothermal Engineering Limited — Owns 75–100% of shares

Group structure 9 companies

Ownership group derived from the Companies House PSC register

Cxgeo Netherlands Limited Owns 75–100% of shares
Geothermal Engineering Limited Owns 50–75% of shares
Geogen Limited Owns 75–100% of shares
Manhay Geothermal Limited Owns 75–100% of shares
Penhallow Geothermal Limited Owns 75–100% of shares
Geon Energy Limited DissolvedOwns 50–75% of shares
United Downs Geothermal Limited This company Owns 75–100% of shares
United Downs Lithium Limited Owns 75–100% of shares (as a firm)

Financials

Balance sheet as at 31 December 2025 · total exemption full accounts

Net Assets
£13,555,053
Cash
£21,140
Profit Before Tax
(£1,536,664)
Debt Ratio
10%
Current Ratio
0.0x
Return on Equity
-11%

Trend

Net Assets
(£5.0M) £0 £5.0M £10.0M £15.0M 2020 2021 2022 2023 2024 2025 (£70,406) (£94,175) (£548,587) £14,049,826 £13,050,878 £13,555,053
Balance sheet detail
202520242023202220212020
Fixed Assets£15,069,306£13,261,322£6,865,277
Current Assets£38,243£13,291,724£13,669,753£2,901,122£2,905,825£2,941,109
Debtors£17,103£12,025,823£12,044,229£2,900,657£2,902,658£2,941,057
Cash£21,140£1,265,901£1,625,524£465£3,167£52
Creditors (< 1 year)£1,538,167£156,244£93,313£23,449£0£11,515
Creditors (> 1 year)£0£13,345,924£6,391,891£3,426,260£3,000,000£3,000,000
Net Current Assets(£1,499,924)£13,135,480£13,576,440£2,877,673£2,905,825£2,929,594
Net Assets£13,555,053£13,050,878£14,049,826(£548,587)(£94,175)(£70,406)
Shareholder Funds£13,555,053£13,050,878£14,049,826(£548,587)(£94,175)(£70,406)

Filings

Recent filings only. See the full history on Companies House

DateDescriptionMade Up ToPagesPDF
30 July 2026Confirmation statement with updates16 July 2026
21 May 2026Total exemption full accounts31 December 2025
14 May 2026Memorandum and Articles of Association
14 May 2026Resolutions
9 April 2026Registration of a charge
Show all recent filings

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