ENI IS EXPLORATION LIMITED
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Cash
£1.9M
USD 2,493,000
+23% vs 2023
Net assets
£171M
USD 227,379,000
0% vs 2023
Employees
0
Average over period
Profit before tax
—
Period ending 2024-12-31
Net assets
2-year trend · vs Energy median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | — | — | — | |
| Operating profit | £25,743,817 | -£281,140 | -101.1% | |
| Profit before tax | £25,800,195 | — | — | |
| Net profit | £25,800,195 | — | — | |
| Cash | £1,523,716 | £1,874,013 | +23% | |
| Total assets less current liabilities | £170,923,100 | £170,923,100 | 0% | |
| Net assets | £170,923,100 | £170,923,100 | 0% | |
| Equity | £170,923,100 | £170,923,100 | 0% | |
| Average employees | 0 | 0 | — | |
| Wages | — | — | — | |
| Directors' remuneration | — | — | — |
Figures converted to GBP from USD at 0.752 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 |
|---|---|---|---|
| Return on capital employed | 15.1% | -0.2% | |
| Gearing (liabilities / total assets) | 1.0% | 4.0% | |
| Current ratio | 2.12x | 1.27x | |
| Interest cover | — | -53.43x |
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 $2,594,000 as of 31 December 2024 (2023: $2,594,000) and a cash and cash equivalent balance of $2,493,000 (2023: $2,027,000). The directors are satisfied that the company has adequate financial resources to continue to operate for the foreseeable future being not less than 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
- “On 6 September 2022, Eni Algeria Exploration B.V. signed an agreement with BP Exploration Operating Company Limited ("BP") and ARCO EI-Djazair Holdings Inc. to acquire BP's upstream business in Algeria... The completion date of the transaction was 28 February 2023. On 1 March 2023, the name of the company was changed from BP Exploration (Algeria) Limited to Eni IS Exploration Limited. Following completion of the transaction the immediate parent undertaking is Eni Algeria Exploration B.V.”
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 275 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-04-15 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 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 | |
| 2023-08-29 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-04-15 | RESOLUTIONS | resolution | Resolution |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- 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.