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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2027-02-14 (in 9mo)

Last made up 2026-01-31

Watchouts

None on the register

Cash

£107M

USD 143,159,000

-13.9% vs 2023

Net assets

£714M

USD 955,061,000

+27.1% vs 2023

Employees

0

Average over period

Profit before tax

£283M

USD 378,315,000

-18% vs 2023

Accounts

2-year trend · latest reflected 2024-12-31

Metric Trend 2023-12-312024-12-31
Turnover £720,934,440£732,132,018
Operating profit £331,545,190£283,864,095
Profit before tax £345,021,305£282,810,047
Net profit £190,736,338£152,043,807
Cash £124,290,200£107,018,764
Total assets less current liabilities £1,041,863,647£889,329,446
Net assets £561,913,733£713,957,539
Equity £561,913,733£713,957,539
Average employees 00
Wages
Directors' remuneration

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

FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31

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 2023-12-312024-12-31
Operating margin 46.0%38.8%
Net margin 26.5%20.8%
Return on capital employed 31.8%31.9%
Gearing (liabilities / total assets) 54.1%34.6%
Current ratio 1.41x1.60x
Interest cover 16.41x9.49x

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 2 times since incorporation

  1. ENI ULX LIMITED 2003-04-10 → present
  2. LASMO (ULX) LIMITED 1992-07-15 → 2003-04-10
  3. ULTRAMAR EXPLORATION LIMITED 1968-07-29 → 1992-07-15

Audit & accounting basis

Accounting basis
FRS 101
Reporting scope
Standalone (parent only)
Auditor
PricewaterhouseCoopers LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“After making enquiries, the directors have a reasonable expectation that the company has adequate resources, including access to Eni Group financial resources, to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.”

Group structure

  1. ENI ULX LIMITED · parent
    1. Eni Oil Holdings B.V. 100% · Netherlands · Holding company
    2. Eni Indonesia Limited 100% · England and Wales · Holding company (dormant)

Significant events

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

People

4 active · 59 resigned

Name Role Appointed Born Nationality
D'ABREO, Riordan Secretary 2020-07-01
MAGISTRELLI, Michele Director 2026-01-12 Apr 1985 Italian
PAGANO, Francesco Director 2022-03-24 Jun 1968 Italian
PORRETTA-SERAPIGLIA, Claudia Director 2025-06-06 Nov 1977 Italian
Show 59 resigned officers
Name Role Appointed Resigned
DAL BELLO, Francesca Secretary 2007-07-06 2017-11-09
DRAKE, Caroline Ann Secretary 2000-07-03 2002-01-11
FAGAN, Daragh Patrick Feltrim Secretary 2002-08-08 2007-07-06
O'BRIAN, Alan Secretary 2002-01-11 2002-07-19
TREZZA, Mila Secretary 2017-11-09 2020-07-01
WALTERS, Sandra Gail Secretary 1999-04-30 2000-07-03
WEDGWOOD, John Arthur Thomas Secretary 1999-04-30
ARISI ROTA, Federico Director 2007-11-09 2009-01-13
AZANCOT, Michael James Director 1998-07-06 2000-02-08
BUSHELL, Timothy Paul Director 2000-02-10 2001-05-31
CASTIGLIONI, Fabio Director 2009-06-15 2010-07-14
CHACON, Oswaldo Director 2012-04-10 2014-09-24
CHIARINI, Alberto Director 2004-09-01 2006-04-03
DE MARCO, Claudio Director 2017-01-05 2017-06-12
DERBY, Joseph Director 1993-11-02
DI LORENZO, Vincenzo Director 2006-04-03 2007-11-09
FERRARA, Gianluigi Director 2017-06-13 2022-03-24
FERRARA, Gianluigi Director 2001-08-24 2003-08-21
FRANKE, John Adrian Director 1997-12-15 2001-08-31
GIULIANELLI, Matilde Director 2003-08-21 2006-05-16
GIUSTO, Manfredi Director 2024-10-03 2025-06-06
GIUSTO, Manfredi Director 2019-11-18 2020-08-06
GRAY, Colin Robert Gordon Director 1993-11-04 1995-05-31
HARVEY, Russell Seth Director 1996-09-30
HASHEMI, Seyed Mohammed Mehdi Director 1993-01-22
HEMMENS, Philip Duncan Director 2020-08-06 2022-10-13
HEMMENS, Philip Duncan Director 2011-09-19 2016-05-17
HEMMENS, Philip Duncan Director 2002-12-02 2004-09-21
HOGAN, John Anthony Director 1999-02-01
KIDD, Rupert Gervase William, Dr Director 1995-07-19 1996-05-16
KING, Paul Anthony Director 1996-09-30 1997-02-28
LIBRI, Giuseppe Director 2009-01-13 2011-09-19
LORATO, Roberto Director 2001-08-24 2002-08-08
LOUGH, Keith Geddes Director 1997-03-03 1999-07-30
LUSURIELLO, Luigino Director 2007-11-09 2009-06-15
MCALLISTER, Mark Director 2000-01-12 2001-05-31
MILROY, Duncan Taylor Director 1993-10-27 1996-04-01
MIRABELLI, Giuseppe Director 2005-02-14 2007-11-09
MIRABELLI, Giuseppe Director 2002-08-08 2002-12-02
MURRAY, Paul Colbeck Director 1999-02-01 2001-06-08
OLIVERI, Stefano Director 2011-09-19 2016-04-15
PAGANI, Alberto Director 2002-12-02 2005-02-14
PASI, Giuseppe Director 2014-04-03 2016-04-15
PASQUA, Roberto Director 2014-09-24 2017-06-13
PAVIA, Michael James Director 1993-12-31
PICKERILL, Anne Director 1993-04-05 1993-04-07
PIRO, Luigi Director 2016-05-17 2017-01-05
POLO, Franco, Dr Director 2010-07-14 2011-09-19
RINALDI, Francesca Director 2017-06-12 2019-11-18
SHAW, Sandra Nan Demby Director 1993-06-15 1993-11-02
SMERNOFF, Richard Louis Director 1994-03-14 1999-02-01
TALAMONTI, Marco Director 2006-05-16 2012-04-10
THOMAS, David Howard Director 1999-07-30 2004-09-01
THOMAS, David Howard Director 1996-09-30 1997-03-07
TONNA, Alberto Director 2016-04-15 2026-01-12
VASQUES, Luciano Maria Director 2022-10-13 2024-10-03
WELLAND, Michael John Patterson Director 1996-04-16 1999-02-01
WINCKLE, Kenneth Rodney Director 1997-03-03 1997-12-15
WRIGHT, Christopher Alan, Dr Director 1999-02-01 1999-12-06

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Eni Ult Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2016-04-06 Active

Filing timeline

Last 20 of 287 total filings

Date Type Category Description
2026-02-13 CS01 confirmation-statement Confirmation statement with updates PDF
2026-01-13 TM01 officers Termination director company with name termination date PDF
2026-01-13 AP01 officers Appoint person director company with name date PDF
2025-11-25 CH01 officers Change person director company with change date PDF
2025-08-27 AA accounts Accounts with accounts type full
2025-07-07 RP04AP01 officers Second filing of director appointment with name PDF
2025-06-09 AP01 officers Appoint person director company with name date
2025-06-09 TM01 officers Termination director company with name termination date PDF
2025-03-03 SH01 capital Capital allotment shares PDF
2025-02-08 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-01-28 CH01 officers Change person director company with change date PDF
2024-10-07 TM01 officers Termination director company with name termination date PDF
2024-10-07 AP01 officers Appoint person director company with name date PDF
2024-08-24 AA accounts Accounts with accounts type full
2024-05-21 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-05-16 SH19 capital Capital statement capital company with date currency figure
2024-02-05 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-11-17 SH19 capital Capital statement capital company with date currency figure
2023-11-08 SH19 capital Capital statement capital company with date currency figure
2023-11-08 SH20 capital Legacy

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
8

last 12 months

Capital events
2

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