Pst Energy Limited

Pst Energy Limited, based in Aberdeen, UK, is a small, active company founded six years ago in 2018. With just two employees and £32,561 in assets, it operates from a virtual address shared by thirty-five other companies – a bit unusual, really. The company has two directors and one owner, and runs an e-commerce site. It’s an irregular importer of machinery, boilers, and mechanical appliances; parts, with just one month of import activity recorded, and a regular exporter of the same items, with five months of export activity.

The company's website reveals a much larger operation, part of the ORLEN Group, a Polish energy giant. Pst Energy Limited acts as a trading arm, focused on natural gas, LNG, power, and environmental products. It’s involved in everything from supplying gas to Ukraine to maintaining a showroom in Harrods – quite a contrast to its small size. The website details partnerships with companies like Aker BP, highlighting a focus on expanding its presence in the Norwegian Continental Shelf and Central Eastern European wholesale gas markets. It even has branches in Munich and London, and a dedicated team for LNG trading and optimization.

Financially, Pst Energy Limited's picture is a little concerning. Net assets and liabilities both plunged by a significant 170%, landing at -£250,000. Current assets also took a hit, dropping 47% to £33,000. Bank borrowings increased substantially, and cash reserves are low. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp equity drop raises questions. The company is exempt from an audit as a small company, so the figures are unaudited.

Overall, Pst Energy Limited is a small cog in a much larger machine, navigating a complex energy landscape. While its parent company enjoys considerable resources, the company’s own financial health suggests it’s facing some challenges.

Registered in Scotland under the registration number SC607403, with a registered address at AB10 1JB, Scotland, Aberdeen, 37 Albyn Place.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.