# Geothermal Engineering Limited

## Details

- **Company number:** [06663174](https://find-and-update.company-information.service.gov.uk/company/06663174)
- **Status:** Active
- **Type:** Private Limited Company
- **Incorporated:** 4 Aug 2008
- **Registered office:** UNITED DOWNS INDUSTRIAL ESTATE, ST DAY, REDRUTH, TR16 5HY
- **Nature of business:** [35110](/sic/35110) Production of electricity, [42220](/sic/42220) Construction of utility projects for electricity and telecommunications, [43130](/sic/43130) Test drilling and boring
- **Corporate group:** [GMV Nominees Ltd](/group/4) (48353 companies)



## Officers

| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CHENG, Andre An-Chun | director | 27 Aug 2025 |  |
| CLAYTON, Matthew Thomas | director | 27 Aug 2025 |  |
| VAN LIMBORGH, Jules | director | 30 Apr 2024 |  |
| LAW, Ryan | director | 4 Aug 2008 |  |



## Control

| Name | Nature of control | Notified | Ceased |
|---|---|---|---|
| Mr Ryan Law | ownership-of-shares-50-to-75-percent, voting-rights-50-to-75-percent, right-to-appoint-and-remove-directors, significant-influence-or-control | 6 Apr 2016 | 27 Aug 2025 |
| Cx Geothermal Ltd | ownership-of-shares-50-to-75-percent, voting-rights-50-to-75-percent, right-to-appoint-and-remove-directors | 27 Aug 2025 |  |
| Thrive Renewables Plc | ownership-of-shares-25-to-50-percent, voting-rights-25-to-50-percent | 27 Aug 2025 |  |



## Accounts

| Year ended | Net assets | Cash | Employees |
|---|---|---|---|
| 31 Dec 2025 | £20,548,113 | £1,464,753 | 0 |
| 31 Dec 2024 | -£3,163,960 | £30,735 | 9 |
| 31 Dec 2023 | -£2,029,317 | £580,331 | 9 |
| 31 Dec 2022 | -£5,782,956 | £4,427 | 5 |
| 31 Dec 2021 | -£4,162,087 | £7,278 | 2 |
| 31 Dec 2020 | -£4,204,571 | £71,640 | 3 |
| 31 Dec 2019 | -£3,161,523 | £97,683 | 3 |
| 31 Dec 2018 | £85,751 | - | - |
| 31 Dec 2017 | £177,412 | - | - |
| 31 Dec 2016 | £209,036 | £2,167 | - |
| 31 Dec 2015 | £323,270 | £39,791 | - |
| 31 Dec 2014 | £330,141 | £32,428 | - |
| 31 Dec 2013 | £270,149 | £19,815 | - |
| 31 Dec 2012 | £293,095 | £6,086 | - |
| 31 Dec 2011 | £360,461 | £29,373 | - |
| 31 Dec 2010 | £335,742 | £80,586 | - |
| 31 Dec 2009 | £339,318 | £113,398 | - |



## Owned by

Geothermal Engineering Limited → [CX Geothermal Limited](/company/13378493)



## Controls

- [Geogen Limited](/company/13117607) (13117607)
- [United Downs Geothermal Limited](/company/10868073) (10868073)
- [United Downs Lithium Limited](/company/14461498) (14461498)



## Directors' other companies

- [CLAYTON, Matthew Thomas](/person/5368618) - director at [Green Breeze Energy Ltd](/company/SC425017)
- [CLAYTON, Matthew Thomas](/person/5368618) - director at [Drumduff Extension Ltd](/company/SC504174)
- [CLAYTON, Matthew Thomas](/person/5368618) - director at [Thrive Renewables PLC](/company/02978651)
- [CLAYTON, Matthew Thomas](/person/5368618) - director at [United Downs Geothermal Limited](/company/10868073)
- [CLAYTON, Matthew Thomas](/person/5368618) - director at [United Downs Lithium Limited](/company/14461498)
- [CLAYTON, Matthew Thomas](/person/5368618) - director at [Green Breeze Energy (Holdings) Ltd](/company/SC540041)
- [LAW, Ryan](/person/6652007) - director at [United Downs Geothermal Limited](/company/10868073)
- [LAW, Ryan](/person/6652007) - director at [United Downs Lithium Limited](/company/14461498)
- [VAN LIMBORGH, Jules](/person/6651995) - director at [United Downs Geothermal Limited](/company/10868073)
- [VAN LIMBORGH, Jules](/person/6651995) - director at [United Downs Lithium Limited](/company/14461498)



## Companies at the same address

- [Geogen Limited](/company/13117607) (13117607)
- [Manhay Geothermal Limited](/company/15459562) (15459562)
- [Penhallow Geothermal Limited](/company/15459532) (15459532)
- [United Downs Geothermal Limited](/company/10868073) (10868073)
- [United Downs Lithium Limited](/company/14461498) (14461498)