BG NORTH SEA HOLDINGS LIMITED
Get an alert when BG NORTH SEA HOLDINGS LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£12k
USD 16,000
Latest balance sheet
Net assets
£1.8bn
USD 2,362,060,000
-4.2% lowest in 3 filed years
Employees
6
-50% lowest in 3 filed years
Profit before tax
—
Period ending 2025-12-31
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
3 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Net assets
3-year trend · vs Energy median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £879,354 | £1,757,402 | £774,768 | -55.9% | |
| Operating profit | £76,090 | £421,044 | -£103,896 | -124.7% | |
| Profit before tax | -£12,517,258 | £210,713,149 | — | — | |
| Net profit | -£15,535,770 | £209,158,707 | — | — | |
| Cash | — | — | £11,874 | — | |
| Total assets less current liabilities | £1,783,864,920 | £1,829,675,263 | — | — | |
| Net assets | £1,783,864,920 | — | £1,752,920,223 | — | |
| Equity | £1,783,864,920 | £1,829,675,263 | £1,752,920,223 | -4.2% | |
| Average employees | 9 | 12 | 6 | -50% | |
| Wages | £432,225 | £1,287,011 | £359,184 | -72.1% | |
| Directors' remuneration | — | £0 | £0 | — |
Figures converted to GBP from USD at 0.742 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 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 8.7% | 24.0% | -13.4% | |
| Return on capital employed | 0.0% | 0.0% | — | |
| Gearing (liabilities / total assets) | 1.0% | — | 1.1% | |
| Current ratio | 15.33x | 21.35x | 22.84x | |
| Interest cover | 3.59x | 0.95x | — |
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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.
Name history
Renamed 2 times since incorporation
- BG NORTH SEA HOLDINGS LIMITED 1990-11-29 → present
- NORTH SEA HOLDINGS LIMITED 1990-02-02 → 1990-11-29
- CRAMTRIP LIMITED 1989-05-15 → 1990-02-02
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have considered the potential risks and uncertainties relating to ongoing wars, geo-political events and its related economic impact on the Company's business, credit, market, and liquidity position... consider it appropriate to prepare the financial statements on a going concern basis.”
Group structure
- BG NORTH SEA HOLDINGS LIMITED · parent
- BG Exploration and Production India Limited 100%
- BG Egypt S.A. 100%
- Shell Trinidad and Tobago Limited 100%
- BG India Energy Solutions Private Limited 100%
- BG Mumbai Holdings Limited 100%
- BG Asia Pacific Holdings Pte. Limited 100%
- BG Asia Pacific Services Pte. Ltd. 100%
Significant events
- “The conflict in the Middle East has led to significant and ongoing disruption across global energy markets, creating uncertainty around supply, pricing and operational stability.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 80 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SHELL CORPORATE SECRETARY LIMITED | Corporate Secretary | 2026-05-22 | — | — |
| CHOPRA, Avinash | Director | 2025-12-01 | Aug 1989 | Indian |
| DALTON, Philip Christopher | Director | 2017-07-07 | Sep 1972 | British |
| SIDDIQUI, Muhammad Hisham | Director | 2026-02-24 | Feb 1978 | Pakistani |
Show 80 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BARRY, Chloe Silvana | Secretary | 2013-07-22 | 2016-07-31 |
| DUNN, Rebecca Louise | Secretary | 2010-09-24 | 2016-05-31 |
| ENNETT, Cayley Louise | Secretary | 2015-10-01 | 2016-07-31 |
| GRIFFIN, John Edward Henry | Secretary | 1995-06-30 | 2003-04-22 |
| GRIFFIN, John Edward Henry | Secretary | — | 1995-02-02 |
| HUGHES, Graham Paul | Secretary | 1995-02-02 | 1996-09-05 |
| INMAN, Carol Susan | Secretary | 2002-10-25 | 2013-07-22 |
| MARKHAM, Una | Secretary | 1996-09-20 | 1999-01-14 |
| MATHEWS, Benedict John Spurway | Secretary | 2002-11-11 | 2007-07-12 |
| MCCULLOCH, Alan William | Secretary | 2007-07-12 | 2012-04-27 |
| MOORE, Paul Anthony | Secretary | 2005-08-05 | 2005-08-05 |
| SADLER, John Michael | Secretary | — | 1995-06-30 |
| THOMAS, Luke | Secretary | 1998-08-25 | 1999-01-14 |
| PECTEN SECRETARIES LIMITED | Corporate Secretary | 2022-11-01 | 2026-05-27 |
| SHELL CORPORATE SECRETARY LIMITED | Corporate Secretary | 2016-07-31 | 2022-11-01 |
| ALEXANDER, Michael Richard | Director | 1993-08-03 | 1993-12-31 |
| ARCHIBALD, Gary James | Director | 2017-03-01 | 2021-12-24 |
| BAYOUNES, Mahfoudh | Director | 2011-07-01 | 2014-12-31 |
| BEALL, Arthur Oren, Dr | Director | — | 1993-10-31 |
| BERGET, Jorn Arild | Director | 2005-01-19 | 2009-09-04 |
| BLAKER, Nicholas William Hermann | Director | 2014-04-01 | 2017-08-04 |
| BRADSHAW, Ian Jonathan | Director | 2011-11-10 | 2014-12-19 |
| BRAY, Ken, Dr | Director | — | 1993-08-03 |
| BROCKLEBANK, Andrew Edward | Director | 2020-04-01 | 2025-12-01 |
| BROWN, Malcolm Archibald Halliday | Director | 1996-03-01 | 1999-11-01 |
| BURRARD-LUCAS, Stephen Charles | Director | 1994-07-25 | 1998-11-30 |
| CHAPMAN, Frank Joseph | Director | 1996-11-26 | 2004-12-30 |
| CHAUHAN, Aman Shaktiman | Director | 2023-01-09 | 2025-02-06 |
| COLLINGWOOD, Jonathan Mark | Director | 2012-03-08 | 2014-10-03 |
| COLLINS, Paul Anthony, Dr | Director | — | 1993-08-03 |
| DALTON, Howard William | Director | — | 1995-12-31 |
| DOUGHTY, Donald Glenwood | Director | 1997-10-15 | 2000-08-31 |
| EIDE, Marianne Wold | Director | 2016-10-18 | 2021-05-31 |
| ELLIS, Paul William | Director | 1993-09-23 | 1996-03-01 |
| FORBES, Timothy John | Director | 1995-10-24 | 1999-11-01 |
| FRIEDLANDER, Colin David | Director | 1993-08-03 | 1997-06-02 |
| FRIEDRICH, William Michael | Director | 1999-11-01 | 2001-03-07 |
| FYSH, Stuart Alfred, Dr | Director | 2006-07-27 | 2008-11-24 |
| GALLOWAY, Ian Edward | Director | 2011-06-01 | 2011-10-14 |
| GREGORY, Jack Lee | Director | — | 1994-01-31 |
| HADFIELD, John Paul Simeon | Director | 2016-10-18 | 2017-01-09 |
| HAWKER, Cecil Robert | Director | 1993-09-23 | 1996-03-31 |
| HEWITT, Ian | Director | 2009-02-26 | 2010-08-31 |
| HOPKINSON, Simon Christopher | Director | 2010-11-01 | 2011-04-08 |
| HOUSTON, Martin Joseph | Director | 1999-11-01 | 2010-01-21 |
| HUGHES, John David | Director | 2010-11-01 | 2012-01-05 |
| ISKANDER, Sami Monir Amin | Director | 2009-09-04 | 2010-11-01 |
| JAIN, Saurabh | Director | 2021-10-01 | 2024-06-24 |
| JONES, Howard Edwin Lotgering | Director | 2018-05-28 | 2021-09-30 |
| JUNGLES, Pierre Jean Marie, Dr | Director | 1995-12-19 | 1996-09-24 |
| KEMSHELL, David Michael | Director | 2016-02-16 | 2016-09-30 |
| KLAP, Frits Michiel Alexander | Director | 2016-10-18 | 2017-12-31 |
| LIDDELL, Richard Thomas | Director | 1997-09-04 | 1999-06-01 |
| MARTIN-DAVIS, Andrew | Director | 2015-03-02 | 2016-05-31 |
| MAXWELL, Robert James | Director | 2020-04-01 | 2023-01-10 |
| MCMANUS, David | Director | 2000-05-23 | 2004-09-30 |
| MURPHY, Brian Peter | Director | — | 1994-03-18 |
| O'SHEA, Christopher Michael | Director | 2009-12-18 | 2012-10-10 |
| OUELLETTE, Shannon Lorraine | Director | 2018-02-12 | 2020-03-31 |
| PRESTON, David | Director | 1996-03-31 | 1999-08-27 |
| REED, Geoffrey Edward | Director | 1995-11-21 | 1996-03-01 |
| ROBERTS, David E | Director | 2005-02-08 | 2006-03-10 |
| SCHWARZ, Peter Heinz | Director | 1996-03-01 | 1998-12-31 |
| SEATON, James Gareth | Director | 2015-01-27 | 2016-10-31 |
| SMART, Erica Jane | Director | 2021-07-05 | 2024-06-30 |
| SPROUSE, Rolynda Ann | Director | 2016-02-16 | 2016-10-31 |
| STEWART, John Charles Wilkie | Director | 2009-10-18 | 2012-08-28 |
| SUTCLIFFE, Sean George Cronin | Director | 1998-06-30 | 1999-11-01 |
| TAYLOR, William Emil | Director | 2011-06-01 | 2013-12-31 |
| THORNLEY, Brian Ralph | Director | 1995-10-24 | 1999-11-01 |
| TRAFFORD, Edward Le Marchant | Director | 1998-09-29 | 2000-08-31 |
| VAN BUNNIK, Johannes Simon Maria | Director | 2017-03-01 | 2018-04-16 |
| VASEY, Bethan Sara | Director | 2025-02-06 | 2025-12-01 |
| VERCOE, John Christopher William | Director | — | 1996-12-31 |
| VIDLER, Paul Stephen | Director | 2005-10-18 | 2017-08-04 |
| WALSHE, Edward Thomas, Dr | Director | 1996-10-03 | 1999-11-01 |
| WALSHE, Edward Thomas | Director | 1994-03-01 | 1996-03-04 |
| WEBB, Adrian Rawdon | Director | — | 1996-03-04 |
| WORMLEY, Jon Clarke | Director | 2004-10-06 | 2004-12-30 |
| WORMLEY, Jon Clarke | Director | 1998-12-01 | 2001-03-07 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Bg Energy Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 375 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-24 | AA | accounts | Accounts with accounts type full | |
| 2026-09-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-06-05 | AP04 | officers | Appoint corporate secretary company with name date | |
| 2026-06-03 | TM02 | officers | Termination secretary company with name termination date | |
| 2026-03-10 | AP01 | officers | Appoint person director company with name date | |
| 2025-12-02 | AP01 | officers | Appoint person director company with name date | |
| 2025-12-01 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-01 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-01 | AA | accounts | Accounts with accounts type full | |
| 2025-08-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-02-24 | AP01 | officers | Appoint person director company with name date | |
| 2025-02-24 | TM01 | officers | Termination director company with name termination date | |
| 2024-10-08 | AA | accounts | Accounts with accounts type full | |
| 2024-08-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-08-06 | TM01 | officers | Termination director company with name termination date | |
| 2024-07-12 | TM01 | officers | Termination director company with name termination date | |
| 2023-10-10 | AA | accounts | Accounts with accounts type full | |
| 2023-08-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-08-15 | CH01 | officers | Change person director company with change date | |
| 2023-04-27 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 9
- Capital events
- 0
- Officers appointed
- 3
- Officers resigned
- 3
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.