BAKER HUGHES LIMITED

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

• Turnover

  -17.6%

  £271,143,000 → £223,485,000

• Cash

  +117.4%

  £350,000 → £761,000

• Net assets

  -7.9%

  £648,105,000 → £597,020,000

• Employees

  -8%

  892 → 821

• Operating profit

  -19.9%

  -£57,606,000 → -£69,059,000

• Profit before tax

  +12.1%

  -£82,843,000 → -£72,848,000

• Wages

  +1.7%

  £86,280,000 → £87,719,000

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

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.

1. BAKER HUGHES LIMITED 1997-10-01 → present
2. BAKER HUGHES (U.K.) LIMITED 1995-10-01 → 1997-10-01
3. BAKER HUGHES LIMITED 1987-10-02 → 1995-10-01
4. BAKER INTERNATIONAL LIMITED 1984-06-15 → 1987-10-02
5. BAKER ENERGY HOLDINGS LIMITED 1979-12-31 → 1984-06-15
6. LEGIBUS FIVE LIMITED 1978-09-13 → 1979-12-31

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have prepared the financial statements on the going concern basis as they do not intend to liquidate the company or to cease its operations, and as they have concluded that the company's financial position means that this is realistic. They have also concluded that there are no material uncertainties that would cast significant doubt over its ability to continue as a going concern for at least a year from the date of approval of the financial statements ('the going concern period').”

Group structure

1. BAKER HUGHES LIMITED · parent
   1. Baker Hughes (BJ) Limited · UK
   2. Baker Hughes Canada Company · Canada
   3. Baker Hughes Singapore Pte · Singapore

Significant events

• “On 16 April 2024, the company purchased an additional share in its subsidiary GCA International Limited for £450,000. This is in addition to the purchase of an additional share in the same subsidiary decided on 17 October for £1,050,000. Both shares were fully paid on 23 April 2025.”
• “On 14 May 2025, the Baker Hughes and GEOG Sections of the Plan entered into a buy-in contract with the insurance company, Pension Insurance Corporation ('PIC'). The contract covered the vast majority of the Plan's uninsured deferred pension liabilities across both sections, totalling approximately £624mn. The final premium payable will be known once PIC and the Plan's administrator, Aptia, have completed the member data cleanse project by 2026.”

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

Filings

9

last 12 months

Capital events

0

last 24 months

Officers appointed

1

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.