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Next accounts due

2027-09-30 (in 1y)

Last filed for 2025-12-31

Confirmation statement due

2026-07-10 (in 2mo)

Last made up 2025-06-26

Watchouts

None on the register

Cash

£2M

USD 3,252,000

-43.5% vs 2024

Net assets

£276M

USD 369,630,000

+2.2% vs 2024

Employees

16

-15.8% vs 2024

Profit before tax

£9M

USD 12,568,000

-34.5% vs 2024

Accounts

2-year trend · latest reflected 2025-12-31

Metric Trend 2024-12-312025-12-31
Turnover £20,184£14,203
Operating profit -£4,663,975-£4,055,468
Profit before tax £14,338,790£9,395,231
Net profit £10,453,764£5,848,845
Cash £4,305,151£2,431,038
Total assets less current liabilities £270,468,715£276,317,560
Net assets £270,468,715£276,317,560
Equity £270,468,715£276,317,560
Average employees 1916
Wages £949,391£869,403
Directors' remuneration £0£0

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

FY2024 → FY2025 · period ending 2025-12-31 vs 2024-12-31

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 2024-12-312025-12-31
Operating margin -23107.3%-28553.6%
Net margin 51792.3%41180.3%
Return on capital employed -1.7%-1.5%
Gearing (liabilities / total assets) 4.3%4.4%
Current ratio 2.43x1.66x

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. EQUION ENERGIA LIMITED 2011-02-02 → present
  2. BP EXPLORATION COMPANY (COLOMBIA) LIMITED 1959-06-05 → 2011-02-02

Audit & accounting basis

Accounting basis
IFRS
Reporting scope
Consolidated group
Auditor
Ernst & Young LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The Group has prepared the financial statements under the assumption of going concern based on the assessment made by the Directors. The Group has an account receivable of $379,990,000 under a deposit agreement with the shareholders' financial vehicles. Under this contract these funds are available to Equion after 10 banking days' notice. Management has reviewed the projected cashflow to 31 December 2027, being a period of more than 12 months from the signing of the financial statements, and concluded that the Group's forecasts and projections show that the Group has sufficient financial resources to meets it obligations and commitments as they fall due, given that it has access to the account receivable under a deposit agreement with shareholders' financial vehicles which are repayable on demand.”

Group structure

  1. EQUION ENERGIA LIMITED · parent
    1. Equion Energia Limited (Colombia Branch) · Colombia · Oil and Gas Industry
    2. Colombia Pipelines Limited 100% · United Kingdom · Pipelines
    3. Santiago Oil Company 100% · Cayman Islands · Oil and Gas Industry
    4. Santiago Oil Company (Colombia Branch) · Colombia · Oil and Gas Industry

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

People

6 active · 59 resigned

Name Role Appointed Born Nationality
ALCALA, Carlos Vicente Secretary 2024-04-04
ABEJON ARRATE, Javier Director 2026-02-20 Aug 1975 Spanish
MANRIQUE NIETO, Diego Fernando Director 2020-05-01 Jul 1964 Colombian
MOLINA MARTINEZ, Edgar Director 2020-12-02 Jan 1965 American
SCIAMANNA, Simone Director 2026-02-20 Jan 1969 Italian
SUAREZ ALVAREZ, Monica Director 2023-07-06 Apr 1984 Colombian
Show 59 resigned officers
Name Role Appointed Resigned
ALI, Yasin Stanley Secretary 2006-02-01 2010-06-30
CUMMING, Robert Cameron Secretary 2002-03-31
DANIELS, Stuart Antony Secretary 2003-10-01 2004-08-01
ELVIDGE, Janet Secretary 2004-08-01 2006-02-01
TOOLEY, Roy Leslie Secretary 2002-02-11 2003-10-01
SUNBURY SECRETARIES LIMITED Corporate Secretary 2010-07-01 2011-01-24
VISTRA COMPANY SECRETARIES LIMITED Corporate Secretary 2011-01-24 2020-12-29
ALLEN, David Christopher, Dr Director 1997-09-01 1999-02-28
ARMSTRONG, William Ellis Director 2001-09-01 2009-07-01
BARON, Luisa Fernanda Rodriguez Director 2020-08-28 2020-12-01
BARRON VAZQUEZ, Jorge Alberto Director 2024-08-28 2026-02-20
BARTLETT, John Harold, Mr. Director 2001-09-01 2011-01-23
BAYON PARDO, Felipe Director 2016-04-27 2017-11-07
BLANCO VALIENTE, Livan Director 2021-02-03 2022-07-01
CARDENAS LAITON, Javier Leonardo Director 2020-02-03 2020-12-02
CHILLON FERNANDEZ, Jesus Director 2023-03-01 2026-02-20
CONSUEGRA, Alberto Director 2019-03-26 2020-12-02
DOUST, John Stuart, Dr Director 1995-09-01 1997-08-31
ECHEVERRI GUTIERREZ, Adriana Marcela Director 2014-04-30 2015-03-31
FERRARI, Mariano Director 2015-07-01 2016-01-20
FOUCART, Nicolas Guy Director 2022-07-01 2023-03-01
GALVIS MELO, Alberto Director 2009-12-15 2011-01-23
GARCIA SANCHEZ, Luis Antonio Director 2017-08-03 2022-03-01
GOODBODY, Quentin Harald Director 2013-09-26 2015-07-01
GROTE, Byron Elmer, Doctor Director 1994-12-09 1997-07-01
GUTIERREZ PEMBERTHY, Javier Genaro Director 2011-01-23 2014-04-30
GUZMAN AYALA, Rafael Ernesto Director 2014-04-30 2015-03-31
HAYWARD, Anthony Bryan Director 1999-09-20 2001-08-31
HERBERT, Richard Director 2011-01-23 2013-07-31
HERRERA MARTINEZ, Julio Cesar Director 2018-03-01 2018-11-08
HOSTLER, Kevin Michael Director 2001-09-01 2003-10-01
LALINDE SESMA, Gabino Director 2016-01-20 2017-08-03
LITTLE, Adam Charles Director 1994-12-09 1995-09-01
MANOSALVA ROJAS, Hector Director 2011-01-23 2019-03-26
MARULANDA LOPEZ, Camilo, Mr. Director 2015-03-31 2015-10-22
MARULANDA LOPEZ, Camilo, Mr. Director 2011-01-23 2014-04-30
MEDLAM, Peter John Director 2023-09-01 2024-08-28
MORRIS, Robin Dale Director 1995-09-01 2003-02-03
NACUL, Evandro Correa Director 2015-07-01 2020-08-28
PEDROSA ROMERO, Luis Maria Director 2020-12-01 2021-02-03
POLO NAVAS, Luis Alberto Director 2022-03-01 2023-09-01
PORRAS PARRA, Erwin Alejandro Director 2015-05-25 2016-04-27
POSADA, Felipe Director 2009-07-01 2011-01-23
POSADA, Felipe Director 2003-10-01 2007-12-01
REINA, Anamaria Director 2021-03-25 2023-07-06
ROJAS PAYAN, Juan Manuel Director 2017-03-31 2018-03-01
ROJAS TOVAR, Julian Director 2015-03-31 2015-05-26
SKIPPER, John Craig Director 2001-09-01 2011-01-23
SMYTH, Lawrence Wilson Director 1999-03-01 2001-08-31
SPAULDING, Christopher Edward Director 2011-01-23 2015-07-01
SUAREZ LONDONO, Maria Fernanda Director 2016-04-27 2017-03-31
VARGAS, Maria Victoria Director 2020-12-02 2021-02-12
VARGAS PENALOSA, Alberto Director 2018-11-08 2020-02-03
VILLOTA, Camilo Ernesto Vela Director 2017-11-07 2020-05-01
VOGLER, Winfried Peter Rudolf Director 1995-03-17 1996-12-11
WALKER, John Stephen Director 1994-12-09
WEBB, Douglas Melville Director 1997-09-04 1999-02-28
WORK, David Fricke Director 1999-03-01 1999-08-31
WRIGHT, Christopher Alan, Dr Director 1995-09-01

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Repsol S.A. Corporate entity Shares 25–50%, Voting 25–50% 2022-09-30 Active
Talisman Colombia Holdco Limited Corporate entity Shares 25–50%, Voting 25–50% 2016-04-06 Ceased 2022-09-30
Ecopetrol S.A Corporate entity Shares 50–75%, Voting 50–75%, Appoints directors 2016-04-06 Active

Filing timeline

Last 20 of 327 total filings

Date Type Category Description
2026-04-22 AA accounts Accounts with accounts type group
2026-04-20 RP01AP01 officers Replacement filing of director appointment with name PDF
2026-03-25 AP01 officers Appoint person director company with name date PDF
2026-03-25 TM01 officers Termination director company with name termination date PDF
2026-03-25 TM01 officers Termination director company with name termination date PDF
2026-03-25 AP01 officers Appoint person director company with name date
2025-07-18 CS01 confirmation-statement Confirmation statement with updates PDF
2025-05-13 AA accounts Accounts with accounts type group
2024-09-13 AP01 officers Appoint person director company with name date PDF
2024-09-13 TM01 officers Termination director company with name termination date PDF
2024-08-18 RP04AP01 officers Second filing of director appointment with name PDF
2024-06-28 CS01 confirmation-statement Confirmation statement with updates PDF
2024-04-22 AA accounts Accounts with accounts type group
2024-04-12 AP03 officers Appoint person secretary company with name date PDF
2024-04-05 AD01 address Change registered office address company with date old address new address PDF
2023-09-05 AP01 officers Appoint person director company with name date PDF
2023-09-05 TM01 officers Termination director company with name termination date PDF
2023-08-09 AP01 officers Appoint person director company with name date
2023-08-09 TM01 officers Termination director company with name termination date PDF
2023-07-10 CS01 confirmation-statement Confirmation statement with no updates PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
8

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