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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2027-02-14 (in 9mo)

Last made up 2026-01-31

Watchouts

None on the register

Cash

£1M

USD 1,999,000

+18.1% vs 2023

Net assets

£72M

USD 95,976,000

-20.8% vs 2023

Employees

50

0% vs 2023

Profit before tax

£64M

USD 85,478,000

+9% vs 2023

Accounts

2-year trend · latest reflected 2024-12-31

Metric Trend 2023-12-312024-12-31
Turnover £69,508,111£76,413,994
Operating profit £55,354,713£59,759,288
Profit before tax £58,646,931£63,899,230
Net profit £50,596,546£55,082,604
Cash £1,265,605£1,494,356
Total assets less current liabilities £90,957,614£72,111,086
Net assets £90,627,196£71,747,028
Equity £90,627,196£71,747,028
Average employees 5050
Wages £14,301,413£16,698,064
Directors' remuneration

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

Year-on-year

FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31

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

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2023-12-312024-12-31
Operating margin 79.6%78.2%
Net margin 72.8%72.1%
Return on capital employed 60.9%82.9%
Gearing (liabilities / total assets) 13.2%17.9%
Current ratio 7.78x5.72x

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.

Name history

Renamed 1 time since incorporation

  1. BP KUWAIT LIMITED 1993-01-08 → present
  2. BP(KUWAIT)LIMITED 1934-02-02 → 1993-01-08

Audit & accounting basis

Accounting basis
IFRS
Reporting scope
Standalone (parent only)
Auditor
Deloitte LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The directors consider it appropriate to adopt the going concern basis of accounting in preparing the financial statements. The current economic and geopolitical environment were considered as part of the going concern assessment. Liquidity and financing is managed within BP under pooled group-wide arrangements which include the company. As part of the going concern basis of preparation for the company, the ability and intent of the BP group to support the company has been taken into consideration. The BP group financial statements continue to be prepared on a going concern basis. Forecast liquidity of the bp group has been assessed under a number of stressed scenarios, including a significant decline in oil prices over the 12-month period from the date these financial statements were approved.”

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

People

4 active · 31 resigned

Name Role Appointed Born Nationality
BP SECRETARIES LIMITED Corporate Secretary 2026-02-11
SUNBURY SECRETARIES LIMITED Corporate Secretary 2010-07-01
MCAUSLAN, Andrew James Alexander Director 2014-06-09 Dec 1961 British
SHAH, Kinner Mohindra Director 2026-02-01 Feb 1980 British
Show 31 resigned officers
Name Role Appointed Resigned
ALI, Yasin Stanley Secretary 2006-02-01 2010-06-30
CUMMING, Robert Cameron Secretary 1992-10-30 1993-07-02
CUMMING, Robert Cameron Secretary 2002-03-31
ELVIDGE, Janet Secretary 2004-08-01 2006-02-01
ENG, Christopher Kuangcheng Gerald Secretary 2009-03-23 2010-06-30
TOOLEY, Roy Leslie Secretary 2002-02-11 2004-08-01
WATTS, Julian John Secretary 1992-10-30
AINGER, Stephen David Director 1995-01-01 1999-03-30
BARTLETT, John Harold, Mr. Director 1999-10-01 2016-01-01
BEE, Alastair George, Dr Director 1994-04-22 2003-12-30
BENTLEY, Mark Traill Director 1992-07-17
CHAPMAN, Douglas Patrick Director 1992-07-17 1993-04-08
DIMMOCK, Philip Anthony Director 1993-04-08 1994-04-22
DRINKWATER, Anne Director 2008-01-01 2008-12-31
GRAYSON, Richard Charles Director 1993-04-08
HARRINGTON, Roger Christopher Director 2009-10-01 2014-10-06
HAYWARD, Anthony Bryan Director 1999-03-01 2000-08-31
INGLIS, Andrew George Director 2001-02-01 2001-08-31
JENKINS, David Anthony Lawson, Dr. Director 1996-03-18 1998-11-30
LAVING, Gerald John, Dr Director 1999-03-15 2003-12-30
MARCHANT, Timothy Robertson Director 2004-02-01 2009-08-15
MORRIS, Robin Dale Director 2001-09-01 2003-02-03
MYERS, John Director 2016-01-01 2021-07-29
PANIGUIAN, Richard Leon Director 1999-12-01 2008-01-01
PERRIE, Martin William Director 2020-11-30 2026-02-01
PITMAN, Charles Joseph Director 1999-03-01 1999-08-31
POPE, David Alun Director 2020-11-30 2025-11-14
RIDER, David Alan Director 2014-10-06 2020-11-30
STARKIE, Francis William Michael Director 2007-07-01 2009-09-30
TALLENTS, Adrienne Christine Director 1994-12-09 1999-07-31
WHITEHEAD, Edward Director 1993-04-08 1994-12-09

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Bp Exploration Operating Company Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2016-04-06 Active

Filing timeline

Last 20 of 189 total filings

Date Type Category Description
2026-02-18 CS01 confirmation-statement Confirmation statement with no updates PDF
2026-02-11 AP04 officers Appoint corporate secretary company with name date PDF
2026-02-05 AP01 officers Appoint person director company with name date PDF
2026-02-04 TM01 officers Termination director company with name termination date PDF
2025-11-17 TM01 officers Termination director company with name termination date PDF
2025-09-29 AA accounts Accounts with accounts type full
2025-02-10 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-09-16 AA accounts Accounts with accounts type full
2024-02-07 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-10-07 AA accounts Accounts with accounts type full
2023-02-06 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-10-10 AA accounts Accounts with accounts type full
2022-07-08 CH04 officers Change corporate secretary company with change date PDF
2022-02-01 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-10-14 AA accounts Accounts with accounts type full
2021-07-30 TM01 officers Termination director company with name termination date PDF
2021-02-01 CS01 confirmation-statement Confirmation statement with no updates PDF
2020-12-15 AP01 officers Appoint person director company with name date PDF
2020-12-15 AP01 officers Appoint person director company with name date PDF
2020-12-01 TM01 officers Termination director company with name termination date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
6

last 12 months

Capital events
0

last 24 months

Officers appointed
2

last 12 months

Officers resigned
2

last 12 months

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

Official Companies House page