SHELL RESEARCH LIMITED
Get an alert when SHELL RESEARCH LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
—
Latest balance sheet
Net assets
£11m
+19.9% vs 2024
Employees
491
-8.9% lowest in 3 filed years
Profit before tax
-£69k
+97.1% highest in 3 filed years
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £224,355,000 | £242,356,000 | £204,288,000 | -15.7% | |
| Operating profit | -£12,477,000 | -£2,861,000 | -£504,000 | +82.4% | |
| Profit before tax | -£11,240,000 | -£2,412,000 | -£69,000 | +97.1% | |
| Net profit | -£12,877,000 | -£6,115,000 | £748,000 | +112.2% | |
| Cash | — | — | — | — | |
| Total assets less current liabilities | £14,657,000 | £19,712,000 | £19,417,000 | -1.5% | |
| Net assets | £11,816,000 | £8,822,000 | £10,576,000 | +19.9% | |
| Equity | £11,816,000 | £8,822,000 | £10,576,000 | +19.9% | |
| Average employees | 555 | 539 | 491 | -8.9% | |
| Wages | £94,799,000 | £96,421,000 | £85,402,000 | -11.4% | |
| Directors' remuneration | — | £72,000 | £40,000 | -44.4% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | -5.6% | -1.2% | -0.2% | |
| Net margin | -5.7% | -2.5% | 0.4% | |
| Return on capital employed | -85.1% | -14.5% | -2.6% | |
| Gearing (liabilities / total assets) | 82.0% | 88.4% | 85.5% | |
| Current ratio | 1.27x | 1.31x | 1.36x |
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.
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on the above analysis, the Directors have assessed that the Company is expected to have adequate resources to meet its liabilities and commitments over the going concern period up to 31 December 2027.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 42 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SHELL CORPORATE SECRETARY LIMITED | Corporate Secretary | 2026-05-22 | — | — |
| FLINN, Nicholas | Director | 2019-10-28 | Jan 1973 | British |
| SEDDON, Joanna | Director | 2021-10-13 | Sep 1977 | British |
| TREDGET, Cara, Dr | Director | 2025-04-01 | Dec 1979 | British |
| SHELL CORPORATE DIRECTOR LIMITED | Corporate Director | 2018-07-13 | — | — |
Show 42 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BUCHAN, Charles James | Secretary | 1998-11-30 | 2000-05-22 |
| WATSON, Deirdre Mary Alison | Secretary | — | 1998-11-30 |
| PECTEN SECRETARIES LIMITED | Corporate Secretary | 2022-11-01 | 2026-05-13 |
| SHELL CORPORATE SECRETARY LIMITED | Corporate Secretary | 2000-05-22 | 2022-11-01 |
| BOERSMA, Michael Adriaan Maria | Director | 2000-05-01 | 2002-12-31 |
| BONINO, Erik Ivano | Director | 2014-04-01 | 2014-07-02 |
| BOULANGER, Christophe | Director | 2014-01-01 | 2018-06-01 |
| BRUSSEL, Arie | Director | 2000-11-01 | 2003-08-01 |
| BRYCE, Stephen | Director | 2014-01-01 | 2017-06-22 |
| BULLER, Richard Frederick | Director | 2002-10-01 | 2005-05-31 |
| BURCH, Larry Leonard | Director | 2002-01-01 | 2003-07-21 |
| CROSSLEY, David George | Director | — | 1996-02-25 |
| DANIELS, Edward David | Director | 2010-09-22 | 2014-03-14 |
| EYRE, John Alton | Director | — | 1998-08-31 |
| FENNEMA, Enno | Director | — | 1996-02-25 |
| FOULDS, Andrew Walter | Director | 2009-11-03 | 2014-03-31 |
| FOWLER, Stephen Brian | Director | 2022-10-28 | 2025-04-01 |
| GALLIARD, Ian Richard | Director | 2017-06-22 | 2019-02-05 |
| GANDY, Geoffrey Harold | Director | — | 1995-09-30 |
| GOSSE, Andrew John | Director | 2018-05-24 | 2022-10-28 |
| HANSEN, Vagn Nedergaard | Director | 2003-08-01 | 2006-12-29 |
| KORIS, David James | Director | 2005-09-01 | 2016-05-31 |
| KROESE, Cornelis Johannes | Director | 1993-08-01 | 1995-11-30 |
| LEWIN, Gregory Arthur | Director | 2003-04-07 | 2009-09-30 |
| LUEKE, Hans-Wolhgang | Director | 1998-09-01 | 2000-11-01 |
| LUMENS, Armand Jean Margrete | Director | 2007-03-28 | 2010-01-30 |
| MARTIN, Sarah Jean | Director | 2012-07-27 | 2021-07-31 |
| MATHER, Harold Clive | Director | 1993-02-01 | 1995-09-30 |
| PARKES, David Allison | Director | — | 1998-08-31 |
| ROUTS, Robert John, Dr | Director | 1999-02-15 | 2000-03-31 |
| SCHOTMAN, Gerhardhus Johannes Maria | Director | 2010-01-20 | 2015-01-30 |
| SEABROOK, Claire Anne | Director | 2014-12-23 | 2018-10-01 |
| SNAITH, Paul John | Director | 2003-07-18 | 2009-09-30 |
| STOUTHAMER, Bernhard | Director | 1996-02-26 | 1999-01-29 |
| STREET, James Richard | Director | — | 1996-02-25 |
| SWEENY, Graeme Stewart Sutherland | Director | 1998-09-01 | 2001-12-31 |
| THORNLEY, Ian Anthony | Director | — | 1993-01-31 |
| VAN LUIJK, Gerrard Johan | Director | 1996-02-26 | 1999-01-04 |
| VAN ZUTPHEN, Johannes Aart | Director | 1995-09-15 | 2002-10-01 |
| VOLGER, Hendrik Cornelis, Dr | Director | — | 1993-07-31 |
| WISEMAN, Richard Max | Director | 1996-02-26 | 1999-05-14 |
| WYBREW, John Bryan | Director | 1995-10-01 | 1996-01-19 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| The Shell Petroleum Company Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 203 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-28 | AA | accounts | Accounts with accounts type full | |
| 2026-06-05 | AP04 | officers | Appoint corporate secretary company with name date | |
| 2026-05-21 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-11-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-17 | AA | accounts | Accounts with accounts type full | |
| 2025-04-11 | TM01 | officers | Termination director company with name termination date | |
| 2025-04-11 | AP01 | officers | Appoint person director company with name date | |
| 2024-11-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-05 | AA | accounts | Accounts with accounts type full | |
| 2023-11-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-18 | AA | accounts | Accounts with accounts type full | |
| 2022-11-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-11-23 | AP04 | officers | Appoint corporate secretary company with name date | |
| 2022-11-18 | TM02 | officers | Termination secretary company with name termination date | |
| 2022-11-09 | TM01 | officers | Termination director company with name termination date | |
| 2022-11-09 | AP01 | officers | Appoint person director company with name date | |
| 2022-10-25 | AA | accounts | Accounts with accounts type full | |
| 2021-11-23 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-10-20 | AP01 | officers | Appoint person director company with name date | |
| 2021-10-05 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.