DANA PETROLEUM (E&P) LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-05-27 (this month)
Last made up 2025-05-13
Watchouts
None on the register
Cash
—
Latest balance sheet
Net assets
£220M
+10.3% vs 2023
Employees
—
Average over period
Profit before tax
£207M
+3,804.5% vs 2023
Net assets
2-year trend · vs Energy median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £586,187,000 | £573,525,000 | |
| Operating profit | £17,487,000 | £214,824,000 | |
| Profit before tax | -£5,585,000 | £206,898,000 | |
| Net profit | -£72,166,000 | £98,429,000 | |
| Cash | — | — | |
| Total assets less current liabilities | — | — | |
| Net assets | £199,268,000 | £219,851,000 | |
| Equity | — | — | |
| Average employees | — | — | |
| 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
-
Turnover
-2.2%
£586,187,000 £573,525,000
-
Cash
—
Not reported
-
Net assets
+10.3%
£199,268,000 £219,851,000
-
Employees
—
Not reported
-
Operating profit
+1,128.5%
£17,487,000 £214,824,000
-
Profit before tax
+3,804.5%
-£5,585,000 £206,898,000
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 3.0% | 37.5% | |
| Net margin | -12.3% | 17.2% | |
| Current ratio | 1.19x | 1.22x | |
| Interest cover | 0.66x | 7.85x |
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 2 times since incorporation
- DANA PETROLEUM (E&P) LIMITED 1998-09-08 → present
- SEAFIELD RESOURCES PLC 1988-11-01 → 1998-09-08
- BALIGLEN PLC 1988-09-12 → 1988-11-01
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Company currently has £220M net assets, has access to the Dana Group's bank facilities and has received confirmation that Dana Petroleum Limited will provide support should it be required. The financial support is guaranteed for a period up to 31 December 2026. As a result, the directors have a reasonable expectation that the company has sufficient resources to continue in operational existence for the foreseeable future and they have continued to adopt the going concern basis of accounting when preparing the annual financial statements.”
Group structure
- DANA PETROLEUM (E&P) LIMITED · parent
- Dana Petroleum (North Sea) Limited 1%
- Dana Petroleum East Zeit Limited 1%
- Dana Petroleum East Beni Suef Limited 1%
- Dana Petroleum Qarun Limited 1%
- Dana Petroleum WAG Limited 1%
- Dana Petroleum North Zeit Bay Limited 1%
- Dana Petroleum South October Limited 1%
Significant events
- “Production from the Western Isles field ceased in May 2024 and the FPSO was then relocated to Scapa in Orkney where it remains warm stacked.”
- “The Sale & Purchase Agreement (SPA) with NEO Energy for the sale of the Western Isles FPSO was terminated by Dana in February 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 34 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| AN, Kyoungtak | Director | 2022-09-01 | Dec 1976 | South Korean |
| CHOI, Jongweon | Director | 2024-05-01 | Dec 1970 | South Korean |
| RODGER, George Brian | Director | 2023-10-30 | Mar 1967 | British |
| WILDGOOSE, Ewan Munro | Director | 2022-04-29 | May 1969 | British |
Show 34 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ARNTON, John James | Secretary | 2000-12-31 | 2011-03-21 |
| ASKEW, Roy Gordon | Secretary | 1997-10-30 | 2000-12-31 |
| CRAWFORD, David Andrew | Secretary | 2011-03-21 | 2011-11-30 |
| REID, Jill | Secretary | 2011-11-30 | 2014-12-11 |
| WORBOYS, Hilary Elizabeth | Secretary | — | 1997-10-27 |
| ASKEW, Roy Gordon | Director | 1997-09-05 | 2000-12-31 |
| BAEK, Ohkyeu, Non-Executive Board Member | Director | 2013-02-19 | 2014-07-15 |
| BOSTOCK, Andrew Mark | Director | 2001-04-02 | 2006-06-02 |
| BROWN, Graham Austin | Director | 1996-04-19 | 1997-09-05 |
| CHIENE, John | Director | — | 1997-09-05 |
| CRAVEN, John Edward | Director | 1997-09-05 | 1999-03-29 |
| CRAWFORD, David Andrew | Director | 2012-01-17 | 2017-06-07 |
| CROSS, Thomas Patrick | Director | 1997-09-05 | 2010-11-08 |
| DUNCANSON, Andrew Graham | Director | 2022-08-15 | 2023-07-17 |
| ELLIOT, Robert David, Dr | Director | 2014-08-29 | 2018-12-31 |
| HUTCHISON, Laura Anne | Director | 2017-07-21 | 2022-04-29 |
| KANG, Yongwoo | Director | 2019-02-13 | 2020-07-06 |
| KANG, Yongwoo | Director | 2014-07-15 | 2016-12-24 |
| KEITH, David Roger | Director | — | 1997-05-19 |
| KIM, Jongwoo | Director | 2020-08-28 | 2022-08-24 |
| MACFARLANE, David Archibald | Director | 2002-11-01 | 2011-03-21 |
| MIN, Kyung Seok | Director | 2020-06-01 | 2022-09-01 |
| NAM, Jaegu | Director | 2022-09-19 | 2024-04-30 |
| PATON, Stuart Mcnicol, Dr | Director | 2006-06-02 | 2011-03-21 |
| RAITT, John Stewart | Director | — | 1997-09-05 |
| RICHARDS, Marcus Trevor, Dr | Director | 2011-03-02 | 2013-11-27 |
| SCOTTON, Graham | Director | 2013-09-27 | 2014-08-22 |
| SEO, Jungwoo | Director | 2016-12-20 | 2020-06-01 |
| STEWART, Graham Duncan | Director | 1998-01-21 | 2002-12-23 |
| SYNN, Eugene | Director | 2011-03-02 | 2013-02-19 |
| VAN DALEN, Bert Eiko | Director | 2017-07-21 | 2022-08-15 |
| WEBSTER, John Colin Eden | Director | — | 1997-09-05 |
| WITTS, Roger Charles | Director | — | 1997-12-11 |
| WORBOYS, Hilary Elizabeth | Director | — | 1997-10-27 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Dana Petroleum Limited | Corporate entity | ownership-of-shares-75-to-100-percent-as-firm, voting-rights-75-to-100-percent-as-trust, right-to-appoint-and-remove-directors-as-firm, significant-influence-or-control-as-firm | 2016-05-06 | Active |
Filing timeline
Last 20 of 433 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-12-24 RESOLUTIONS Resolution
- 2023-12-14 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-10-02 | AA | accounts | Accounts with accounts type full | |
| 2025-05-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-23 | AA | accounts | Accounts with accounts type full | |
| 2024-05-14 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-05-01 | AP01 | officers | Appoint person director company with name date | |
| 2024-05-01 | TM01 | officers | Termination director company with name termination date | |
| 2023-12-24 | RESOLUTIONS | resolution | Resolution | |
| 2023-12-14 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2023-12-14 | RESOLUTIONS | resolution | Resolution | |
| 2023-12-14 | CAP-SS | insolvency | Legacy | |
| 2023-12-14 | SH20 | capital | Legacy | |
| 2023-12-13 | SH01 | capital | Capital allotment shares | |
| 2023-10-30 | AP01 | officers | Appoint person director company with name date | |
| 2023-09-28 | AA | accounts | Accounts with accounts type full | |
| 2023-07-27 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-07-27 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-07-27 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-07-27 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-07-27 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-07-27 | MR04 | mortgage | Mortgage satisfy charge full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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.