BP EXPLORATION BETA 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

  —

  Not reported

• Cash

  —

  Not reported

• Net assets

  +5.6%

  £437,999,551 → £462,742,020

• Employees

  —

  Not reported

• Operating profit

  +102.5%

  -£1,775,435 → £44,853

• Profit before tax

  -26.4%

  £33,241,384 → £24,449,428

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. BP EXPLORATION BETA LIMITED 1997-12-30 → present
2. BRITOIL (EXPLORATION) LIMITED 1982-08-02 → 1997-12-30
3. BNOC (EXPLORATION) LIMITED 1976-12-31 → 1982-08-02
4. NATIONAL COAL BOARD(EXPLORATION)LIMITED 1967-01-12 → 1976-12-31

Accounting basis

FRS 101

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. No material uncertainties over going concern or significant judgements or estimates on the assessment were identified. Having a reasonable expectation that the company has adequate resources to continue in operational existence for at least the next 12 months from the date these financial statements were approved, the directors consider it appropriate to continue to adopt the going concern basis of accounting in preparing the financial statements.”

Significant events

• “On 7 January 2025, a share capital reduction has been approved by cancelling and extinguishing 50,000 ordinary shares of GBP 1.00 each in the share capital of the company and 559,999,999 ordinary shares of USD 1.00 each in the share capital of the company.”
• “Activities in Angola have been discontinued following the sale of assets to Azule Energy Limited, activities in the UK are still ongoing mainly related to decommissioning.”
• “Operations will continue until the decommissioning work is finished, estimated end date of the decommissioning work is in 2028.”

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

Filings

3

last 12 months

Capital events

2

last 24 months

Officers appointed

1

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.