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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2027-05-02 (in 1y)

Last made up 2026-04-18

Watchouts

None on the register

Cash

Latest balance sheet

Net assets

£121M

+75.5% vs 2023

Employees

0

Average over period

Profit before tax

£56M

+29.7% vs 2023

Accounts

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

Metric Trend 2023-12-312024-12-31
Turnover £117,890,000£8,928,000
Operating profit £47,814,000£53,233,000
Profit before tax £43,170,000£55,988,000
Net profit £8,466,000£51,922,000
Cash
Total assets less current liabilities £182,330,000£156,140,000
Net assets £68,801,000£120,723,000
Equity £68,801,000£120,723,000
Average employees 00
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

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 40.6%596.2%
Net margin 7.2%581.6%
Return on capital employed 26.2%34.1%
Gearing (liabilities / total assets) 76.7%60.4%
Current ratio 0.75x0.69x
Interest cover 4.09x4.50x

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 5 times since incorporation

  1. INEOS UK SNS LIMITED 2015-11-30 → present
  2. DEA UK SNS LIMITED 2015-03-23 → 2015-11-30
  3. RWE DEA UK SNS LIMITED 2002-05-24 → 2015-03-23
  4. RWE.DEA UK SNS LIMITED 2002-05-23 → 2002-05-24
  5. HIGHLAND ENERGY SNS LIMITED 2000-08-02 → 2002-05-23
  6. WINTERSHALL (U.K.) LIMITED 1971-08-17 → 2000-08-02

Audit & accounting basis

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

“Directors affirm going concern based on projected cash flows and working capital for at least 12 months. Parent, INEOS UK E&P Holdings Limited, confirmed continued support. Company expects adequate resources for operational existence for the foreseeable future, adopting going concern basis.”

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

People

5 active · 62 resigned

Name Role Appointed Born Nationality
MCLUCAS, Gemma Louise Secretary 2015-01-28
PACE, Cordelia Alexis Loveday Secretary 2018-04-30
BUCKNALL, David James Director 2021-11-01 Mar 1968 British
ROSE, Richard Andrew Director 2022-08-09 Nov 1972 British
SLATER, Simon Geoffrey Director 2024-06-19 Jun 1968 British
Show 62 resigned officers
Name Role Appointed Resigned
BATE, Christopher Malcolm Secretary 2000-07-25 2003-11-12
COREY, Stuart Adrian Secretary 2015-02-05 2018-04-30
DERBYSHIRE, Mark William Secretary 2003-11-12 2004-05-24
HAYES, William Matthew Secretary 1996-04-15 2000-07-25
JOHNSON, Clive William Secretary 1993-04-19 1996-04-15
KENT, Trevor Davenport Secretary 1997-04-22 2000-07-25
MITCHELL, Nicholas Jon Secretary 2008-10-20 2016-06-17
MITCHELL, Nicholas Jon Secretary 2004-05-24 2007-01-24
REDDING, Sandra Faye Secretary 2007-01-24 2014-12-03
SEWELL, Jill Pamela Secretary 1993-04-19
LEDINGHAM CHALMERS LLP Corporate Secretary 2000-07-25 2003-11-12
ANDERSON, Gareth Jon Director 2019-06-01 2020-11-11
AUSTIN, John Anthony Director 2003-04-17 2006-02-22
BECKER, Michael Director 1993-01-01 1995-09-22
BEERS, Robert Frans Director 1993-01-01 2000-07-25
BISTER, Hans-Juergen, Dr Director 2016-05-09 2017-10-11
BROOKS, David Nicholas Director 2017-10-11 2020-09-11
CHRIST, Johann Friedrich Director 1996-04-15 2000-07-25
COKER, Adrian John Director 2020-11-02 2021-01-29
COKER, Adrian John Director 2016-05-09 2017-10-11
DALGAARD, Tanja Jo Ebbe Director 2019-06-01 2020-11-02
DETHARDING, Herbert Ernst Otto Director 1992-12-31
DROESSLER, Friedrich Director 1992-12-31
FUNKE, Klaus Jochen Director 1992-12-31
GADE, Mads Weng Director 2018-01-31 2024-06-19
GINNS, Jonathan Frank, Mr. Director 2015-11-30 2016-05-09
GREINER, Gerhard, Doctor Director 1995-09-22 1998-03-16
HAYMAN, Harold Director 1992-12-31
HOBBS, Mark Jonathan Director 2022-05-31 2023-08-23
HOENIG, Helmar, Dr Director 1999-12-07 2000-07-25
HOGAN, John Anthony Director 2000-10-16 2002-02-05
HONEYBOURNE, John William Gervase Director 2000-07-25 2002-02-05
HUGHES, Mark Andrew Director 2016-05-09 2018-01-31
HUNTER, Alexander Director 2000-07-25 2002-06-24
JEFFS, Paul Torquil, Dr Director 2003-04-17 2016-04-21
JOHANNSEN, Colja Director 2005-10-01 2010-09-01
KOHLER, Uwe Siegfried Paul, Dr-Ing Director 1998-04-23 2000-07-25
KREMSKI, Thomas, Dr Director 2008-03-07 2015-11-30
LANGE, René Bak Director 2023-09-04 2025-12-11
LIPPOLD, Annette Director 2014-05-27 2015-11-30
LLEWELLYN, Michael Director 2020-11-02 2022-08-09
MACAULAY, William E. Director 2000-08-02 2002-02-05
MACDONALD, Jeffrey Saunders Director 2000-07-25 2002-06-05
MAUELER, Andreas Director 2002-06-24 2005-07-31
PAWEL, Rene Director 2008-05-16 2013-07-31
PIZZEY, Andrew James Director 2015-11-30 2019-06-01
POLK, Hans-Joachim Director 2013-07-31 2013-11-28
PRINGLE, Keith James Director 2000-07-25 2002-06-24
PRINZ, Marion Martina Director 2003-04-17 2003-09-30
RADWITZ, Friedrich Thomas, Dr. Director 2015-06-01 2015-11-30
REICHETSEDER, Peter, Dr Director 1995-07-31 2000-07-25
RIGBY, Bryan Director 1993-06-30
SCHILLING, Norbert Director 2003-10-01 2008-03-07
SCHLICHTER, Christoph Johannes Director 2002-02-05 2008-05-15
SCHOENE, Dirk Director 2010-09-01 2015-05-31
SCHULZE, Rudolf Ernst Harry Director 1994-08-01 1999-06-30
SCOTT, Douglas Stewart Director 2016-05-09 2021-11-01
STEPHENSON, Martin Alfred Director 2018-01-31 2019-06-01
STICKINGS, Barry John Director 1993-09-22 1996-04-15
THEOFANOUS, Andrew Director 1999-06-30 2000-07-25
TUFT, Geir Director 2015-11-30 2017-10-11
ZUNCKE, Gerd Marcellus, Doctor Director 1994-04-26 1995-09-22

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Ineos Offshore Bcs Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2016-04-06 Ceased 2016-04-06
Ineos Uk E&P Holdings Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2016-04-06 Active

Filing timeline

Last 20 of 301 total filings

Date Type Category Description
2026-04-21 CS01 confirmation-statement Confirmation statement with no updates PDF
2026-04-01 AD03 address Move registers to sail company with new address PDF
2026-03-31 AD02 address Change sail address company with new address PDF
2026-03-31 AD01 address Change registered office address company with date old address new address PDF
2025-12-12 TM01 officers Termination director company with name termination date PDF
2025-11-10 AA accounts Accounts with accounts type full
2025-04-22 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-04-11 MR05 mortgage Mortgage charge whole release with charge number PDF
2025-04-11 MR05 mortgage Mortgage charge whole release with charge number PDF
2024-10-03 AA accounts Accounts with accounts type full
2024-06-19 AP01 officers Appoint person director company with name date PDF
2024-06-19 TM01 officers Termination director company with name termination date PDF
2024-04-18 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-01-12 CH01 officers Change person director company with change date PDF
2023-09-28 AA accounts Accounts with accounts type full
2023-09-07 AP01 officers Appoint person director company with name date PDF
2023-09-07 TM01 officers Termination director company with name termination date PDF
2023-04-21 SH19 capital Capital statement capital company with date currency figure
2023-04-21 SH20 capital Legacy
2023-04-21 CAP-SS insolvency Legacy

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
6

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page