BG GREAT BRITAIN LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-11-24 (in 6mo)
Last made up 2025-11-10
Watchouts
Cash
—
Latest balance sheet
Net assets
-£19M
-184.8% vs 2023
Employees
—
Average over period
Profit before tax
-£6M
+68.8% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
3 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Net assets
2-year trend · vs Energy median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £30,590,000 | £43,359,000 | |
| Operating profit | -£12,169,000 | -£4,057,000 | |
| Profit before tax | -£18,275,000 | -£5,705,000 | |
| Net profit | -£10,665,000 | -£12,193,000 | |
| Cash | — | — | |
| Total assets less current liabilities | £98,890,000 | £77,409,000 | |
| Net assets | -£6,597,000 | -£18,790,000 | |
| Equity | -£6,597,000 | -£18,790,000 | |
| Average employees | — | — | |
| Wages | — | — | |
| Directors' remuneration | — | — |
Values shown as filed in the company's annual accounts. — 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
-
Turnover
+41.7%
£30,590,000 £43,359,000
-
Cash
—
Not reported
-
Net assets
-184.8%
-£6,597,000 -£18,790,000
-
Employees
—
Not reported
-
Operating profit
+66.7%
-£12,169,000 -£4,057,000
-
Profit before tax
+68.8%
-£18,275,000 -£5,705,000
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | -39.8% | -9.4% | |
| Net margin | -34.9% | -28.1% | |
| Return on capital employed | -12.3% | -5.2% | |
| Gearing (liabilities / total assets) | 102.1% | 106.9% | |
| Current ratio | 0.79x | 0.67x | |
| Interest cover | -1.96x | -1.18x |
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
- BG GREAT BRITAIN LIMITED 1989-02-20 → present
- TENNECO GREAT BRITAIN LIMITED 1967-06-23 → 1989-02-20
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The balance sheet at 31 December 2024 reports net current assets of £72,568 thousands. The Financial Statements have been prepared under the going concern basis as the Directors are satisfied that the Company has adequate resources to meet its financial commitments over the going concern period to 31 December 2026. The Directors have assessed that the Company has adequate resources to continue in operation for the period up to 31 December 2026.”
Significant events
- “On December 5, 2024, Shell and Equinor ASA, announced the combination of their UK offshore oil and gas assets and expertise to form a new company which will be the UK North Sea's biggest independent producer. On deal completion, the new independent producer will be jointly owned by Equinor (50%) and Shell (50%). The joint venture will include Company's interest in Pierce field. Assets of £138,200 thousands and associated liabilities of £71,340 thousands have been classified as held for sale in the balance sheet at 31 December 2024. Completion of the transaction remains subject to approvals and is expected by the end of 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 66 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| PECTEN SECRETARIES LIMITED | Corporate Secretary | 2022-11-01 | — | — |
| CHOPRA, Avinash | Director | 2025-12-01 | Aug 1989 | Indian |
| SIDDIQUI, Muhammad Hisham | Director | 2026-02-24 | Feb 1978 | Pakistani |
Show 66 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BARRY, Chloe Silvana | Secretary | 2013-07-22 | 2016-07-31 |
| DUNN, Rebecca Louise | Secretary | 2010-09-24 | 2016-05-31 |
| ENNETT, Cayley Louise | Secretary | 2015-10-01 | 2016-07-31 |
| GRIFFIN, John Edward Henry | Secretary | 1995-06-30 | 2003-04-22 |
| GRIFFIN, John Edward Henry | Secretary | — | 1995-02-02 |
| HUGHES, Graham Paul | Secretary | 1995-02-02 | 1995-06-30 |
| INMAN, Carol Susan | Secretary | 2003-04-22 | 2013-07-22 |
| MARKHAM, Una | Secretary | 1996-10-03 | 2001-09-07 |
| MCCULLOCH, Alan William | Secretary | 2007-09-14 | 2012-04-27 |
| MOORE, Paul Anthony | Secretary | 2005-08-05 | 2007-09-14 |
| SADLER, John Michael | Secretary | — | 1995-06-30 |
| THOMAS, Luke | Secretary | 1998-08-25 | 1999-01-14 |
| SHELL CORPORATE SECRETARY LIMITED | Corporate Secretary | 2016-07-31 | 2022-11-01 |
| ALEXANDER, Michael Richard | Director | 1993-08-03 | 1993-12-31 |
| BEALL, Arthur Oren, Dr | Director | — | 1993-10-31 |
| BERGET, Jorn Arild | Director | 2005-01-19 | 2009-09-04 |
| BRAY, Ken, Dr | Director | — | 1993-08-03 |
| BROCKLEBANK, Andrew Edward | Director | 2020-04-01 | 2025-12-01 |
| BROWN, Malcolm Archibald Halliday | Director | 1996-03-01 | 1999-11-01 |
| BURRARD-LUCAS, Stephen Charles | Director | 1994-07-25 | 1998-11-30 |
| CHAPMAN, Frank Joseph | Director | 1996-11-26 | 2004-12-30 |
| CHAUHAN, Aman | Director | 2023-01-09 | 2025-02-06 |
| COLLINGWOOD, Jonathan Mark | Director | 2012-01-10 | 2014-10-03 |
| COLLINS, Paul Anthony, Dr | Director | — | 1993-08-03 |
| DALTON, Howard William | Director | — | 1995-12-31 |
| DEN HARTIGH, Ernst | Director | 2014-12-19 | 2016-08-31 |
| DIBUA, Egbeazien Philippa Cornelia | Director | 2024-06-01 | 2025-12-01 |
| DOUGHTY, Donald Glenwood | Director | 1997-10-15 | 2000-08-31 |
| EIDE, Marianne Wold | Director | 2016-10-19 | 2021-05-31 |
| ELLIS, Paul William | Director | 1993-09-23 | 1996-03-01 |
| FORBES, Timothy John | Director | 1995-10-24 | 1999-11-01 |
| FRIEDLANDER, Colin David | Director | 1993-08-03 | 1997-06-02 |
| FRIEDRICH, William Michael | Director | 1999-11-01 | 2005-03-17 |
| HADFIELD, John Paul Simeon | Director | 2014-03-03 | 2017-01-09 |
| HALL, Graham | Director | 2010-01-21 | 2016-11-03 |
| HAWKER, Cecil Robert | Director | 1993-09-23 | 1996-03-31 |
| HOUSTON, Martin Joseph | Director | 1999-11-01 | 2010-01-21 |
| HUGHES, John David | Director | 2010-11-01 | 2012-01-05 |
| ISKANDER, Sami Monir Amin | Director | 2009-09-04 | 2010-11-11 |
| JAIN, Saurabh | Director | 2021-10-01 | 2024-06-01 |
| JONES, Howard Edwin Lotgering | Director | 2018-05-28 | 2021-09-30 |
| JUNGLES, Pierre Jean Marie, Dr | Director | 1995-12-19 | 1996-09-24 |
| KLAP, Frits Michiel Alexander | Director | 2016-10-19 | 2017-12-31 |
| LIDDELL, Richard Thomas | Director | 1997-09-04 | 1999-06-01 |
| MARTIN-DAVIS, Andrew | Director | 2015-02-25 | 2016-05-31 |
| MAXWELL, Robert James | Director | 2020-04-01 | 2023-01-10 |
| MCMANUS, David | Director | 2000-05-23 | 2004-09-30 |
| O'SHEA, Christopher Michael | Director | 2010-11-01 | 2012-10-10 |
| O'SHEA, Christopher Michael | Director | 2010-01-21 | 2010-11-01 |
| OUELLETTE, Shannon Lorraine | Director | 2018-02-12 | 2020-03-31 |
| PRESTON, David | Director | 1996-03-31 | 1999-08-27 |
| REED, Geoffrey Edward | Director | 1995-11-21 | 1996-03-01 |
| ROBERTS, David E | Director | 2003-02-03 | 2006-03-10 |
| SCHWARZ, Peter Heinz | Director | 1996-03-01 | 1998-12-31 |
| SMART, Erica Jane | Director | 2021-07-05 | 2024-06-01 |
| STEWART, John Charles Wilkie | Director | 2010-01-21 | 2012-08-28 |
| SUTCLIFFE, Sean George Cronin | Director | 1998-06-30 | 1999-11-01 |
| TAYLOR, William Emil | Director | 2012-01-10 | 2013-12-31 |
| THORNLEY, Brian Ralph | Director | 1995-10-24 | 1999-11-01 |
| TRAFFORD, Edward Le Marchant | Director | 1998-09-29 | 2000-08-31 |
| VAN BUNNIK, Johannes Simon Maria | Director | 2017-03-01 | 2018-04-16 |
| VASEY, Bethan Sara | Director | 2025-02-06 | 2025-12-01 |
| WALSHE, Edward Thomas | Director | 1996-10-03 | 1999-11-01 |
| WALSHE, Edward Thomas | Director | 1994-03-01 | 1996-03-04 |
| WEBB, Adrian Rawdon | Director | — | 1996-03-04 |
| WORMLEY, Jon Clarke | Director | 1998-12-01 | 2004-12-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Bg Energy Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, right-to-appoint-and-remove-directors-as-firm | 2016-04-06 | Active |
Filing timeline
Last 20 of 283 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-09 | AP01 | officers | Appoint person director company with name date | |
| 2025-12-03 | AP01 | officers | Appoint person director company with name date | |
| 2025-12-01 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-01 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-01 | TM01 | officers | Termination director company with name termination date | |
| 2025-11-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-08-26 | AA | accounts | Accounts with accounts type full | |
| 2025-03-13 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-02-24 | AP01 | officers | Appoint person director company with name date | |
| 2025-02-24 | TM01 | officers | Termination director company with name termination date | |
| 2024-08-25 | AA | accounts | Accounts with accounts type full | |
| 2024-06-21 | SH01 | capital | Capital allotment shares | |
| 2024-06-11 | AP01 | officers | Appoint person director company with name date | |
| 2024-06-11 | TM01 | officers | Termination director company with name termination date | |
| 2024-06-11 | TM01 | officers | Termination director company with name termination date | |
| 2024-03-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-19 | AA | accounts | Accounts with accounts type full | |
| 2023-04-27 | AP01 | officers | Appoint person director company with name date | |
| 2023-02-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-01-31 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 1
- Officers appointed
- 2
- Officers resigned
- 3
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.