ABBOT GROUP LIMITED
Abbot Group Limited is a private equity-backed oil and gas services company and subsidiary of KCA Deutag, providing offshore and onshore drilling and engineering services to the global energy industry.
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Cash
£91m
USD 123,203,000
-43% lowest in 3 filed years
Net assets
£1.1bn
USD 1,443,431,000
+461.5% highest in 3 filed years
Employees
1
0% vs 2024
Profit before tax
£117m
USD 157,886,000
+169% first positive since 2024
Net assets
3-year trend · vs Energy 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 | £4,427,361 | £3,564,152 | £3,623,006 | +1.7% | |
| Operating profit | -£628,334 | -£191,602,993 | -£5,912,430 | +96.9% | |
| Profit before tax | £141,030,750 | -£169,824,101 | £117,169,573 | +169% | |
| Net profit | £140,675,400 | -£172,922,636 | £111,257,143 | +164.3% | |
| Cash | £139,947,443 | £160,307,227 | £91,430,798 | -43% | |
| Total assets less current liabilities | £432,586,288 | £267,077,364 | £1,071,463,451 | +301.2% | |
| Net assets | £358,242,077 | £190,769,659 | — | — | |
| Equity | £358,242,077 | £190,769,659 | £1,071,191,837 | +461.5% | |
| Average employees | 1 | 1 | 1 | 0% | |
| Wages | £24,318 | £32,633 | £34,137 | +4.6% | |
| Directors' remuneration | £0 | £0 | £0 | — |
Figures converted to GBP from USD at 0.742 per USD (Frankfurter spot rate) — hover any figure for the original. — 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 | -14.2% | — | -163.2% | |
| Return on capital employed | -0.1% | -71.7% | -0.6% | |
| Gearing (liabilities / total assets) | 82.8% | 91.7% | — | |
| Current ratio | 0.87x | 0.81x | 1.36x | |
| Interest cover | -0.01x | -2.04x | -0.05x |
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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.
Name history
Renamed 2 times since incorporation
- ABBOT GROUP LIMITED 1995-06-19 → present
- UNIGROUP PLC 1983-01-17 → 1995-06-19
- U U TEXTILES P L C 1959-03-17 → 1983-01-17
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 work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period up to 30 September 2027.”
Group structure
- ABBOT GROUP LIMITED · parent
- KCA DEUTAG (Land Rig) Limited 100%
- KCA DEUTAG UK Finance Limited 100%
- KCA DEUTAG Enterprises Limited 100%
- Rig Design Services Holdings Limited 100%
- Abbot Investments (North Africa) Limited 100%
- Abbot Holdings Limited 100%
- KCA DEUTAG Drilling Group Limited 100%
- KCA European Holdings Limited 100%
- KCA DEUTAG Caspian Limited 100%
- KCA DEUTAG Europe BV 100%
- BENTEC Solutions Limited 100%
- SET Drilling Company Limited 100%
- KCA DEUTAG Drilling Limited 100%
- KCA DEUTAG Technical Support Limited 100%
- KCA DEUTAG Rig Design Services Limited 100%
- KCA DEUTAG Limited 100%
- KCA DEUTAG Overseas Limited 100%
- KCA DEUTAG Holdings Limited 100%
- KCA DEUTAG (Cyprus) Limited 100%
- Abbot Verwaltungsgesellschaft mbH 100%
- KCA DEUTAG GmbH 100%
- KCA DEUTAG Tiefbohrgesellschaft mbH 100%
- KCA DEUTAG Drilling GmbH 100%
- BENTEC GmbH Drilling and Oilfield Systems 100%
- BENTEC Personalservice GmbH 100%
- H&P Norge AS 100%
- H&P Drilling Norge AS 100%
- H&P MODU Operations AS 100%
- H&P Holdings Norge AS 100%
- H&P Offshore AS 100%
- H&P Drilling Offshore Services AS 100%
- KCA DEUTAG Netherland BV 100%
- KCA DEUTAG Investments BV 100%
- KCA DEUTAG Tender Barges (Offshore) Pte Ltd 100%
- KCA DEUTAG PTE Limited 100%
- Global Tender Barges Mexico, S. de R.L. de C.V. 99%
- International Air Drilling Company Limited 100%
- Performance Drilling for Oil Services Limited 100%
- ILI Corporation Limited 100%
- KCA DEUTAG Investments Limited 100%
- Oman KCA DEUTAG Drilling Company (LLC) 70%
- Deutag Overseas (Curaçao) NV 100%
- KCA DEUTAG Drilling Saudi Arabia Limited 100%
- KCA DEUTAG Drilling Canada Inc. 100%
- KCA DEUTAG Operations Services DMCC 100%
- Turan Drilling & Engineering Company LLC 49%
- KCA Deutag Energy Global LLC 99%
- KCA Deutag Energy National LLC 99%
- KCA Deutag Energy LLC 70%
- KCA Deutag Energy International LLC 99%
- BENTEC TOB 100%
- International Energy Services Jersey Holding Co. Ltd 100%
- International Energy Services ROW Jersey Ltd 100%
- International Energy Services KSA Jersey Ltd 100%
- International Energy Services South America Co. Ltd 100%
Significant events
- “On the 8th of December 2025, $1,053.1 million of intercompany debt was capitalised creating a capital contribution reserve, followed by a bonus issue of new ordinary shares at a premium of $1,053.1 million, and subsequently a capital reduction to cancel and extinguish the bonus share.”
- “Since the year end, the ongoing military activity in Iran and wider Middle East area has had a limited impact on the Group's operations in the Middle East so far, moving certain personnel out of the region.”
- “During the first quarter of 2026, the Group entered into a $300.0 million credit facility agreement with its ultimate parent company, H&P Inc.”
- “Subsequent to the year end, as part of a process to reorganise the Group's intercompany positions and recapitalise the Balance Sheets of certain group companies, balances payable to the Company totalling $109.0 million were written off.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 48 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BRANSTON, Sean Richard Lawrence | Director | 2019-12-18 | Sep 1973 | British |
| CLARKE, Rebecca | Director | 2026-02-12 | Oct 1983 | British |
| MAIER, Ole Fredrik | Director | 2020-12-24 | Nov 1967 | Norwegian |
| POLSON, Niall David | Director | 2024-05-23 | Aug 1983 | British |
Show 48 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ANDREW, Louise | Secretary | 2009-04-10 | 2014-03-31 |
| BANYARD, Alec William James | Secretary | 1996-12-02 | 2009-04-10 |
| CLAYTON, Nicholas David | Secretary | — | 1995-06-19 |
| MILNE, Peter John | Secretary | 1995-06-19 | 1996-12-02 |
| ANDREW, Louise | Director | 2012-07-05 | 2014-03-31 |
| BIGMAN, Alan Stuart | Director | 2012-07-09 | 2013-01-21 |
| BYRNE, Anthony Joseph | Director | 2014-11-18 | 2021-12-31 |
| CLAYTON, Nicholas David | Director | 1993-06-25 | 1995-06-19 |
| CLOW, Lynne | Director | 2019-12-18 | 2022-02-28 |
| DREW, Simon Rendle | Director | 2019-12-18 | 2025-10-02 |
| DUNCAN, Robert Alexander | Director | 2003-08-01 | 2008-03-17 |
| ELKHOURY, Joseph | Director | 2019-07-01 | 2025-01-16 |
| FERRAN LARRAZ, Francisco Javier | Director | 2005-05-17 | 2008-03-17 |
| FOREMAN, John Anthony | Director | — | 1998-06-10 |
| GILCHRIST, Neil Porteous | Director | 2013-01-15 | 2025-02-12 |
| HOLLIS, John Winston | Director | 1999-08-01 | 2007-05-23 |
| HOR, Yeoh Keat | Director | — | 1993-06-19 |
| IMRAN, Yam Tunka | Director | — | 1995-06-19 |
| KRISHNAN, Gopala | Director | 1994-05-03 | 1995-06-19 |
| LAFFERTY, Guy Delemere | Director | 1995-06-19 | 2002-12-09 |
| LOCKE, Alasdair James Dougall | Director | 1995-06-19 | 2009-11-20 |
| LUKIMTO, Jeanne | Director | 1993-06-30 | 1995-06-19 |
| MCDOWELL, Michael Alexander | Director | 1995-06-19 | 2004-03-31 |
| MCKAY, Norrie Andrew | Director | 2012-07-09 | 2019-06-30 |
| MERVIS, Jonathan Philip | Director | 1993-06-28 | 1995-06-19 |
| MILNE, Peter John | Director | 1995-06-19 | 2010-08-11 |
| NAQUIYUDDIN, Yam Tunku | Director | — | 1994-05-03 |
| OWEN, Jeremy Nicholas | Director | — | 1993-06-30 |
| PAVER, Gary Neil | Director | 2014-04-07 | 2020-03-02 |
| PAVER, Gary Neil | Director | 2013-03-21 | 2013-04-23 |
| PHILIPPS, Geoffrey Mark | Director | 1995-06-19 | 2005-05-17 |
| POLSON, Niall David | Director | 2022-01-01 | 2022-12-21 |
| RAMSAY, Alaina | Director | 2022-12-21 | 2026-02-12 |
| SALTER, Michael John Lawrence | Director | 1995-09-05 | 2007-07-31 |
| SMITH, Isla Margaret | Director | 2005-09-15 | 2008-03-17 |
| SMITH, John | Director | — | 1995-06-19 |
| STEVENSON, Christopher Anthony Eric Thomas | Director | 1995-06-19 | 1998-06-10 |
| STEVENSON, Neil Graham | Director | 2009-01-01 | 2013-01-21 |
| SUTHERLAND, Gavin George | Director | 2020-03-02 | 2020-12-18 |
| TAYLOR, Brian Christopher | Director | 2009-01-01 | 2012-07-09 |
| TEMMEN, Holger | Director | 2005-12-19 | 2012-07-31 |
| THOMSON, Lynne | Director | 2014-03-31 | 2014-11-19 |
| TILLY, David Gordon | Director | — | 1993-04-07 |
| WALKER, Mark Johnstone | Director | 2011-05-03 | 2013-01-31 |
| WALTERS, Sarah Jane | Director | 2022-10-03 | 2024-05-22 |
| WATKINS, George Edward | Director | 2002-12-09 | 2008-03-17 |
| WHITE, Maurice Alistair | Director | 2001-10-23 | 2009-03-31 |
| WIEST, Daniel Mathias, Dr | Director | 2010-08-20 | 2011-05-03 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Kca Deutag Alpha Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 537 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-01-08 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-21 | AA | accounts | Accounts with accounts type full | |
| 2026-02-12 | TM01 | officers | Termination director company with name termination date | |
| 2026-02-12 | AP01 | officers | Appoint person director company with name date | |
| 2026-01-08 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2026-01-08 | SH20 | capital | Legacy | |
| 2026-01-08 | CAP-SS | insolvency | Legacy | |
| 2026-01-08 | RESOLUTIONS | resolution | Resolution | |
| 2026-01-03 | SH01 | capital | Capital allotment shares | |
| 2025-12-20 | SH01 | capital | Capital allotment shares | |
| 2025-11-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-10-04 | AA | accounts | Accounts with accounts type full | |
| 2025-10-02 | TM01 | officers | Termination director company with name termination date | |
| 2025-05-08 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-02-20 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-22 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-01-22 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-01-21 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-11 | AA | accounts | Accounts with accounts type full | |
| 2024-11-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-05-23 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 12
- Capital events
- 4
- Officers appointed
- 1
- Officers resigned
- 2
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.