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Cash

£3.8m

USD 5,145,000

-89% lowest in 3 filed years

Net assets

£70m

USD 93,832,000

-4.9% vs 2024

Employees

19

+26.7% highest in 3 filed years

Profit before tax

£10m

USD 13,759,000

-79% first positive since 2023

Accounts

3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31

Metric Trend 2023-12-312024-12-312025-12-31 Δ vs prior
Turnover £19,613,527£134,418,432£85,013,006 -36.8%
Operating profit £1,755,481£55,346,711£15,967,298 -71.2%
Profit before tax -£673,356£48,736,529£10,225,938 -79%
Net profit -£2,010,405£38,907,469-£2,368,636 -106.1%
Cash £10,946,860£34,842,066£3,823,857 -89%
Total assets less current liabilities £115,560,758£101,215,162 -12.4%
Net assets £35,653,660£73,302,861£69,737,644 -4.9%
Equity £35,653,660£73,302,861£69,737,644 -4.9%
Average employees 101519 +26.7%
Wages £3,470,085£3,542,178£4,616,871 +30.3%
Directors' remuneration £2,635,266£2,302,893 -12.6%

Figures converted to GBP from USD at 0.743 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 2023-12-312024-12-312025-12-31
Operating margin 9.0%41.2%18.8%
Net margin -10.3%28.9%-2.8%
Return on capital employed 47.9%15.8%
Gearing (liabilities / total assets) 65.9%56.5%57.3%
Current ratio 0.95x1.03x0.56x
Interest cover 0.67x8.27x2.77x

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 4 times since incorporation

  1. AFENTRA PLC 2021-05-04 → present
  2. STERLING ENERGY PLC 2002-10-23 → 2021-05-04
  3. LEPCO PLC 1997-07-31 → 2002-10-23
  4. LONDON EXPLORATION AND PRODUCTION COMPANY LIMITED 1983-12-19 → 1997-07-31
  5. RIBBONWELL LIMITED 1983-09-30 → 1983-12-19

Audit & accounting basis

Accounting basis
IFRS
Reporting scope
Consolidated group
Auditor
BDO LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“Based on our work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group and the Parent Company’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

  1. AFENTRA PLC · parent
    1. Afentra (UK) Limited 100% · United Kingdom · Exploration for oil and gas
    2. Afentra (Angola) Ltd 100% · United Kingdom · Extraction of crude petroleum
    3. Afentra (Northwest Jersey, CI) 100% · Jersey, CI · Exploration for oil and gas
    4. Afentra Holdings Limited 100% · Jersey, CI · Investment holding company
    5. Afentra (East Africa) Limited 100% · Jersey, CI · Exploration for oil and gas
    6. Afentra (Offshore Developments) Ltd Kingdom 100% · United Kingdom · Extraction of crude petroleum
    7. Afentra Onshore Developments Ltd Kingdom 100% · United Kingdom · Extraction of crude petroleum

Significant events

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

People

7 active · 41 resigned

Name Role Appointed Born Nationality
MCARDLE, Hamish William Secretary 2024-09-30
CLOKE, Ian Richard Director 2021-03-15 May 1971 British
DEULINA, Anastasia Director 2021-05-04 Jun 1973 British
MCDADE, Paul Director 2021-03-15 Oct 1963 British
OSBORNE, Andrew Jon Director 2025-11-10 Nov 1969 British
TANOH, Thierry André Nicolas Yao Director 2023-06-13 Apr 1962 Ivorian,French
WILSON, Gavin Hugh Lothian Director 2021-03-30 Dec 1963 British
Show 41 resigned officers
Name Role Appointed Resigned
BUSHELL, John Edward Secretary 1997-07-31 2001-07-23
CHURCHWARD, Michelle Secretary 2011-10-18 2012-09-13
CLIFF, Richard Andrew Secretary 2021-07-08 2024-03-31
COOPER, Jonathan Robert Secretary 2008-02-04 2011-10-18
CUNNINGHAM, Nicholas John Secretary 2024-03-31 2024-09-30
HAWKINS, Anthony James Secretary 2016-01-22 2017-06-27
MILNE, Gavin Johnston Secretary 2014-11-10 2016-01-22
SMITH, Andrew John Secretary 2012-09-13 2014-11-10
SPURRIER, Barbara Secretary 2017-06-27 2018-09-13
THOMSON, Graeme Paul Secretary 2001-07-23 2008-02-04
WILDE, Peter Kellaway Secretary 1997-07-31
CFPRO COSEC LIMITED Corporate Secretary 2018-09-13 2021-07-08
BASSETT, John Cecil Director 1993-02-24
BASSETT, Peter John Director 2001-07-23
BEARDSALL, Alastair John Director 2009-09-08 2016-05-10
BELYAEV, Ilya Vissarionovich Director 2017-01-19 2021-03-30
BUTLER, Elizabeth Jeanne, Dr. Director 2006-06-16
CALLAWAY, Christopher Alan Director 2006-02-14 2009-05-01
CLAYTON, Nicholas John Director 2009-10-01 2016-10-13
COOPER, Jonathan Robert Director 2008-02-04 2011-10-18
FRANK, Philip Leighton, Dr Director 2011-10-03 2015-03-13
GRIGGS, Paul Michael Director 2005-01-01 2008-04-23
GROSSE, Andrew Joseph Director 2005-01-01 2011-10-03
HAWKINS, Anthony James Director 2020-12-04 2021-03-15
HENRY, Keith Nicholas Director 2009-09-08 2016-10-13
JERSING, Ib Eskil Director 2015-03-23 2018-06-06
KOOT, Leo Willem Director 2017-01-19 2021-03-30
KROUPEEV, Michael Director 2016-05-10 2021-03-30
LEES, Audrey Mary Director 1992-01-30 2001-07-23
LEVISON, Alan Director 2004-10-15 2005-03-22
MACASKILL, Angus Director 2010-11-09 2013-08-16
MACDONALD, Jeffrey Saunders Director 2021-03-30 2025-06-04
MARSHALL, David Lee Director 2018-06-06 2020-12-04
OTOOLE, Richard Anthony Director 2001-07-23 2007-07-24
PATTINSON, Malcolm Hood Director 2010-11-15 2016-10-13
QUINTON, Nigel Alan Director 2002-10-18 2004-10-15
STABBINS, Richard, Dr Director 2007-01-19 2010-12-31
THOMSON, Graeme Paul Director 2001-07-23 2009-12-22
WEST, James Glynn Director 1995-04-01 2001-07-23
WILDE, Peter Kellaway Director 2009-10-01
WILSON, Henry George Director 2001-07-23 2009-06-30

Ownership

Persons with significant control

No persons with significant control on record.

Filing timeline

Last 20 of 361 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2026-07-03 RESOLUTIONS Resolution
  • 2026-07-03 RESOLUTIONS Resolution
  • 2025-06-06 RESOLUTIONS Resolution
Date Type Category Description
2026-07-13 SH01 capital Capital allotment shares PDF
2026-07-06 AA accounts Accounts with accounts type group
2026-07-03 RESOLUTIONS resolution Resolution
2026-07-03 RESOLUTIONS resolution Resolution
2026-06-30 SH01 capital Capital allotment shares PDF
2026-06-18 SH01 capital Capital allotment shares PDF
2026-06-08 MR04 mortgage Mortgage satisfy charge full PDF
2026-05-27 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2026-02-10 SH01 capital Capital allotment shares PDF
2025-11-10 AP01 officers Appoint person director company with name date PDF
2025-11-07 CH01 officers Change person director company with change date PDF
2025-11-07 CH01 officers Change person director company with change date PDF
2025-11-06 CH01 officers Change person director company with change date PDF
2025-11-06 CH01 officers Change person director company with change date PDF
2025-11-06 CH01 officers Change person director company with change date PDF
2025-11-06 CH01 officers Change person director company with change date PDF
2025-10-08 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-06-12 AA accounts Accounts with accounts type group
2025-06-06 RESOLUTIONS resolution Resolution
2025-06-05 TM01 officers Termination director company with name termination date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
17

last 12 months

Capital events
4

last 24 months

Officers appointed
1

last 12 months

Officers resigned
0

last 12 months

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

Official Companies House page