Parkmead Group (The) plc
The Parkmead Group plc is a UK and Netherlands focused independent energy group listed on AIM (PMG). It produces natural gas from a portfolio of onshore fields in the Netherlands and holds interests in UK and Dutch upstream exploration and production licences. The Group also owns and operates the Kempstone Hill onshore wind farm in Aberdeenshire and is developing further UK onshore renewable energy (wind, solar, battery storage) opportunities, alongside an Energy Economics advisory segment.
FY2025 in sixty seconds
year to 30 Jun 2025 · approved 24 Nov 2025 · 80 pages · Companies House
The Parkmead Group produces natural gas from onshore fields in the Netherlands and runs a wind farm in Aberdeenshire. In the year to 30 June 2025 its revenue fell to £4.1m from £5.7m, but its profit after tax rose to £7.3m from £4.9m.
Sales fell because the fields produced less gas, owing to maintenance shutdowns and natural decline, although gas prices were higher. Profit was lifted by a one-off gain of £11,818k from selling its UK offshore oil and gas business to Serica Energy. The company also wrote off some exploration spending and cut the value of some production assets. Last year's profit had been helped by a one-off tax gain.
The company ended the year with £13.2m in cash and borrowings of £668k. It did not pay a dividend. Management said the group is "well capitalised" to keep growing in renewable energy and wants to buy more UK onshore renewable assets. It could also receive up to £120m more from the sale if two UK offshore fields win development approval. The auditor gave a clean opinion and raised no doubts about the company's ability to keep trading.
Netherlands onshore natural gas production (gas and condensate sales)
Gross production across the Netherlands gas portfolio was 2.1kboepd; average realised gas price increased to €40.1/MWh (FY24: €34.2/MWh); gas sales £3,411k, condensate sales £31k
page 6Tightly controlled operating costs
Operating costs remained very tightly controlled at £2.2m (FY24: £2.3m) contributing to a strong operating profit for the period of £7.5m (FY24: £1.3m)
page 4Parkmead has delivered a 38% increase in its net assets and is well capitalised to continue our established growth trajectory in renewable energies
page 311 years on one page · FY2015–FY2025
| Line | FY2015locked | FY2016locked | FY2017locked | FY2018locked | FY2019locked | FY2020locked | FY2021locked | FY2022locked | FY202306/23 | FY202406/24 | FY202506/25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||
| Operating profit | |||||||||||
| Profit for the year | |||||||||||
| Basic EPS | |||||||||||
| Dividend per share | — | — | |||||||||
| Free cash flow | |||||||||||
| Net debt (negative = net cash) | |||||||||||
| Shares in issue | |||||||||||
| Operating margin | |||||||||||
| Return on capital employed |
GBP millions, negatives in brackets. Per-share lines in pence. Share counts in millions. Margins and returns as percentages, calculated from the filed figures. later is what a following report restated the figure to; vs is a second reading that disagrees. The figure shown is the one the original filing printed, and both readings are kept. Click any figure: opens the report page it was read from, highlighted; shows how it was calculated.
2 figures restated in a later report
Every figure is read again from the following year’s report: 327 confirmed, 9 differ, 2 restated.
No figure has been restated: every figure a later report printed again, it printed the same.
2 more figures were restated in FY2015 to FY2022, which a free account opens.