PRIME GLOBAL ENERGIES LIMITED

Figures converted to GBP from USD at 0.748 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  -8.6%

  £24,655,005 → £22,525,230

• Cash

  -0.6%

  £32,268,072 → £32,070,718

• Net assets

  +21%

  £30,928,459 → £37,432,907

• Employees

  +11.5%

  243 → 271

• Operating profit

  -66.3%

  £17,610,825 → £5,931,823

• Profit before tax

  -65.2%

  £19,043,881 → £6,627,046

• Wages

  +6.6%

  £6,194,962 → £6,606,115

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

1. PRIME GLOBAL ENERGIES LIMITED 2024-12-24 → present
2. PRIME PAKISTAN LIMITED 2022-12-30 → 2024-12-24
3. ENI PAKISTAN LIMITED 2003-04-10 → 2022-12-30
4. LASMO OIL PAKISTAN LIMITED 1987-04-03 → 2003-04-10
5. SCOTTISH CANADIAN OIL & TRANSPORTATION COMPANY LIMITED 1981-01-02 → 1987-04-03
6. WILLIAM REAY & COMPANY LIMITED 1918-11-13 → 1981-01-02

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

Lubbock Fine LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors believe that preparing accounts on the going-concern basis is appropriate as, the Company has sufficient resources at its disposal to continue to operate for the foreseeable future and meet its. obligations as they fall due.”

Significant events

• “The Company changed its name to Prime Global Energies Limited as part of its vision to expand its footprint and further enrich its portfolio through diversification in related businesses for sustainable future growth. The name change was updated at Companies House with effect from December 24, 2024.”
• “The Company signed farm-in agreements to acquire working interest in offshore exploration blocks in Cameroon and Namibia.”
• “A Farm-in Agreement of Baran Exploration Block was signed in June 2024 and approved by the Government in June 2025.”
• “Bids for Sukhpur-II Concession and Naing Sharif Concession were declared successful with provisional award letters issued on May 14, 2025.”
• “Kadanwari D&P Lease renewal/re-grant application for 5 years was approved on January 31, 2024.”
• “Bhit D&P Lease was extended for 5 years, effective from 21st September 2020.”
• “Badhra D&PL was granted on 8th January 2004 for a period of twenty-three (23) years with the expiry date of 7th January 2027.”
• “No post balance sheet events to report.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

9

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.