ENI IS EXPLORATION LIMITED
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Cash
£3.3m
USD 4,471,000
+67.2% highest in 3 filed years
Net assets
£91m
USD 122,286,000
-49.9% lowest in 3 filed years
Employees
0
Average over period
Profit before tax
£56m
USD 74,907,000
Period ending 2025-12-31
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 | — | — | — | — | |
| Operating profit | £26,864,606 | -£297,676 | £56,052,690 | +18,930.1% | |
| Profit before tax | £26,923,439 | £0 | £55,589,610 | — | |
| Net profit | £26,923,439 | £0 | £55,589,610 | — | |
| Cash | £1,590,053 | £1,984,241 | £3,317,996 | +67.2% | |
| Total assets less current liabilities | £178,364,449 | £180,976,600 | £90,750,278 | -49.9% | |
| Net assets | £178,364,449 | £180,976,600 | £90,750,278 | -49.9% | |
| Equity | £178,364,449 | £180,976,600 | £90,750,278 | -49.9% | |
| Average employees | 0 | 0 | 0 | — | |
| Wages | — | — | — | — | |
| Directors' remuneration | — | — | — | — |
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 |
|---|---|---|---|---|
| Return on capital employed | 15.1% | -0.2% | 61.8% | |
| Gearing (liabilities / total assets) | 1.0% | 4.0% | 1.8% | |
| Current ratio | 2.12x | 1.27x | 2.77x | |
| Interest cover | — | -53.43x | 92.68x |
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 3 times since incorporation
- ENI IS EXPLORATION LIMITED 2023-03-01 → present
- BP EXPLORATION (ALGERIA) LIMITED 2005-04-20 → 2023-03-01
- BP EXPLORATION (IN SALAH) LIMITED 1995-11-03 → 2005-04-20
- B P PETROLEUM DEVELOPMENT OF INDONESIA LIMITED 1970-02-19 → 1995-11-03
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The company has a net current asset position of $4,031,000 as of 31 December 2025 (2024: $2,594,000) and a cash and cash equivalent balance of $4,471,000 (2024: $2,493,000). The directors are satisfied that the company has adequate financial resources to continue to operate for at least twelve months from the date of signing these financial statements and meet its obligations as they fall due. Accordingly, the directors continue to adopt the going concern basis in preparing the financial statements.”
Group structure
- ENI IS EXPLORATION LIMITED · parent
- Eni In Salah Limited 60.5%
Significant events
- “A dividend for the amount of $180,000,000, representing $180,000,000 per share, was paid to the company's shareholder during 2025 (2024: $nil).”
- “There are no post balance sheet events to report.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 52 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| D'ABREO, Riordan | Secretary | 2023-02-28 | — | — |
| DANIELE, Roberto | Director | 2026-04-20 | Jul 1968 | Italian |
| PAGANO, Francesco | Director | 2023-02-28 | Jun 1968 | Italian |
| PORRETTA-SERAPIGLIA, Claudia | Director | 2025-06-06 | Nov 1977 | Italian |
Show 52 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ALI, Yasin Stanley | Secretary | 2006-02-01 | 2010-06-30 |
| CUMMING, Robert Cameron | Secretary | — | 2002-03-31 |
| ELVIDGE, Janet | Secretary | 2004-08-01 | 2006-02-01 |
| ENG, Christopher Kuangcheng Gerald | Secretary | 2009-03-23 | 2010-06-30 |
| TOOLEY, Roy Leslie | Secretary | 2002-02-11 | 2004-08-01 |
| SUNBURY SECRETARIES LIMITED | Corporate Secretary | 2010-07-01 | 2023-02-28 |
| ALEXANDER, Ralph Charles | Director | 2001-09-01 | 2002-06-01 |
| ALLEN, David Christopher, Dr | Director | 1997-09-01 | 1999-02-28 |
| BLY, Mark Robert | Director | 2001-09-01 | 2003-02-03 |
| BON, Amna | Director | 2018-10-30 | 2020-12-31 |
| BOURNE, Gregory David | Director | 1995-09-01 | 1997-08-31 |
| CHAMBERS, Clive Warren | Director | 1993-09-20 | 1995-08-31 |
| CORNISH, Roger Alan | Director | 1994-12-09 | 1995-08-31 |
| DAWSON, Irwin Chalmers | Director | 1998-07-01 | 1999-12-31 |
| DRURY, David James | Director | 1995-12-24 | 1998-06-30 |
| EYTON, David Geoffrey Philip | Director | 1999-06-01 | 1999-12-01 |
| GIUSTO, Manfredi | Director | 2024-10-03 | 2025-06-06 |
| GROTE, Byron Elmer, Doctor | Director | 1995-10-16 | 1997-07-01 |
| HARTIGAN, Ian Guy Stewart | Director | — | 1993-09-20 |
| HEDLEY, Christopher John, Dr | Director | 1999-11-01 | 2001-08-31 |
| HEFFNER, Michael Tyson | Director | 1997-01-10 | 2001-08-31 |
| HOSTLER, Kevin | Director | 2000-05-01 | 2001-08-31 |
| JEZIOROWSKA-SIMPSON, Adriana Anna | Director | 2020-12-31 | 2023-02-28 |
| JONES, Alan Morrison | Director | 1998-07-01 | 2000-04-30 |
| JONES, Ifor David Wynne | Director | 2002-01-01 | 2005-08-01 |
| KELLEHER, Dennis Paul | Director | 2004-07-01 | 2005-09-01 |
| KING, Timothy | Director | 2017-06-01 | 2020-12-31 |
| MARSHALL, Stephen | Director | 2000-05-01 | 2001-08-31 |
| MONTHIRY, Wissam Al | Director | 2017-06-01 | 2019-05-20 |
| MOUSSARIE, Geraud John Marie | Director | 2014-09-10 | 2017-06-01 |
| NAGEL, David Charles | Director | 2001-09-01 | 2004-12-31 |
| NEWBY, Nigel John | Director | — | 1994-12-09 |
| O'LEARY, James Joseph | Director | 2015-02-13 | 2018-10-01 |
| PEATTIE, David Keith | Director | 1995-09-01 | 1997-02-03 |
| PEEREBOOM, Gerald Jac | Director | 2005-08-01 | 2009-05-31 |
| POSADA, Felipe | Director | 2007-10-10 | 2013-07-16 |
| RITCHIE, Bryan David, Dr | Director | 2021-05-10 | 2023-02-28 |
| RUSHBY, Ian Leslie | Director | 1997-09-01 | 1998-06-30 |
| SEMPLE, Andrew Mark | Director | 2010-12-01 | 2015-01-30 |
| SLOAN, Richard Scott | Director | 2005-09-01 | 2009-02-16 |
| SMALE, Ian Michael | Director | 2005-01-01 | 2007-10-01 |
| STANLEY, Norrie David | Director | 1998-09-11 | 1999-02-28 |
| TALLENTS, Adrienne Christine | Director | 1994-12-09 | 1995-10-10 |
| TIANI, Alessandro | Director | 2023-02-28 | 2023-10-15 |
| TOFFOLO, Andrew | Director | 2020-01-01 | 2023-02-28 |
| URBAN, Scott Douglas | Director | 1999-09-10 | 2001-08-31 |
| VASQUES, Luciano Maria | Director | 2023-02-28 | 2024-10-03 |
| VICINI, Giorgio | Director | 2023-10-15 | 2026-04-20 |
| WALKER, Angus James | Director | 2013-07-16 | 2014-09-10 |
| WALKER, Angus James | Director | 2009-05-01 | 2010-12-01 |
| WEBB, Bruce Douglas | Director | 2014-11-01 | 2017-04-12 |
| WORK, David Fricke | Director | 1999-03-01 | 1999-08-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Eni S.P.A. | Corporate entity | Shares 75–100% | 2023-02-28 | Active |
| Bp Exploration Operating Company Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2023-02-28 |
Filing timeline
Last 20 of 277 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-04 | AA | accounts | Accounts with accounts type full | |
| 2026-06-23 | CH01 | officers | Change person director company with change date | |
| 2026-05-07 | CH01 | officers | Change person director company with change date | |
| 2026-04-27 | AP01 | officers | Appoint person director company with name date | |
| 2026-04-27 | TM01 | officers | Termination director company with name termination date | |
| 2026-02-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-11-25 | CH01 | officers | Change person director company with change date | |
| 2025-10-03 | AA | accounts | Accounts with accounts type full | |
| 2025-07-04 | RP04AP01 | officers | Second filing of director appointment with name | |
| 2025-06-09 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-09 | TM01 | officers | Termination director company with name termination date | |
| 2025-02-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-28 | CH01 | officers | Change person director company with change date | |
| 2024-12-23 | AA | accounts | Accounts with accounts type full | |
| 2024-10-07 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-07 | TM01 | officers | Termination director company with name termination date | |
| 2024-02-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-16 | TM01 | officers | Termination director company with name termination date | |
| 2023-10-16 | AP01 | officers | Appoint person director company with name date | |
| 2023-09-26 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
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.