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Private limited company registered in Godalming, classed under “Production of electricity”.
Headline figures
FY to Dec 2025 · As filed (group accounts)
Turnover
For subscribers
Profit after tax
−£40.8m
Net assets
For subscribers
Cash
For subscribers
Employees
For subscribers
Retained reserves
For subscribers
What the numbers say
3 findings from the figures, in plain English
Written by rules from the figures on this page. Not a forecast or a credit opinion.
History
| £ | 2021* | 2022 | 2023* | 2024* | 2025 |
|---|---|---|---|---|---|
| Profit after tax | −£40.8m | ||||
| Turnover | |||||
| Net assets | |||||
| Cash | |||||
| Employees | |||||
| Retained reserves |
Every figure for all 5 years
“—” means we did not find the figure in a source; it is never filled with an estimate. * Restated: the next year's accounts printed different figures for this year, and those later figures are shown.
Balance sheet and ratios
From the filed balance sheets · £
| Balance sheet | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Current assets | ||||
| of which debtors | ||||
| of which cash | ||||
| Creditors due within a year | ||||
| Net current assets | ||||
| Creditors due after a year | ||||
| Net assets | ||||
| Ratios | ||||
| Return on equityProfit after tax as a share of net assets | ||||
| Current ratioCurrent assets for every £1 owed within a year | ||||
| Cash ratioCash for every £1 owed within a year | ||||
| Creditors to assetsEverything owed to creditors as a share of fixed plus current assets | ||||
7 balance-sheet lines and 4 ratios, every year
A ratio appears only for years where every line it needs was filed. Lines are as tagged in the accounts; nothing is added up or estimated.
Questions people ask
›What does Pelagic Energy Development do?
Private limited company registered in Godalming, classed under “Production of electricity”.
›How much turnover does Pelagic Energy Development make?
Answered in the full report
›Is Pelagic Energy Development profitable?
No: it made a loss after tax of £40.8m in the year to 31 December 2025, its latest filed accounts.
›How many people work at Pelagic Energy Development?
Answered in the full report
›Where is Pelagic Energy Development based?
Its registered office is First Floor River Court The Old Mill Office, Mill Lane, Godalming, GU7 1EZ, in Godalming.
›When was Pelagic Energy Development founded?
Pelagic Energy Development Ltd was incorporated on 8 October 2018.
›Is Pelagic Energy Development still trading?
The register lists Pelagic Energy Development Ltd as active.