PREMIER OIL E&P UK LIMITED
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Cash
£0
USD 0
-100% vs 2024
Net assets
£56m
USD 76,095,000
-91.6% lowest in 3 filed years
Employees
0
Average over period
Profit before tax
-£592m
USD -797,266,000
-924.3% lowest in 3 filed years
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 | £2,205,052 | £2,619,389 | £1,280,148 | -51.1% | |
| Operating profit | -£6,202,542 | -£30,900,191 | £9,522,820 | +130.8% | |
| Profit before tax | -£19,232,036 | -£57,762,655 | -£591,663,080 | -924.3% | |
| Net profit | -£763,257 | -£27,219,834 | -£569,486,456 | -1,992.2% | |
| Cash | — | £69,245 | £0 | -100% | |
| Total assets less current liabilities | £1,344,854,879 | £1,398,065,903 | £680,918,738 | -51.3% | |
| Net assets | — | — | £56,471,243 | — | |
| Equity | £688,482,115 | £671,345,113 | £56,471,243 | -91.6% | |
| Average employees | — | 0 | 0 | — | |
| Wages | — | — | — | — | |
| Directors' remuneration | — | — | — | — |
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 |
|---|---|---|---|---|
| Net margin | -34.6% | — | — | |
| Return on capital employed | -0.5% | -2.2% | 1.4% | |
| Gearing (liabilities / total assets) | — | — | 92.9% | |
| Current ratio | 0.88x | 1.35x | 0.88x | |
| Interest cover | -0.26x | -1.08x | 0.42x |
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 6 times since incorporation
- PREMIER OIL E&P UK LIMITED 2016-04-28 → present
- E.ON E&P UK LIMITED 2012-02-28 → 2016-04-28
- E.ON RUHRGAS UK E&P LIMITED 2009-12-10 → 2012-02-28
- E. ON RUHRGAS UK E&P LIMITED 2009-12-02 → 2009-12-10
- E.ON RUHRGAS UK EXPLORATION AND PRODUCTION LIMITED 2004-07-01 → 2009-12-02
- RUHRGAS UK EXPLORATION AND PRODUCTION LIMITED 1992-12-17 → 2004-07-01
- HACKREMCO (NO.790) LIMITED 1992-11-02 → 1992-12-17
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 adopted the going concern basis of accounting for the preparation of the financial statements as the Company's ultimate parent company, Harbour Energy plc, has undertaken to directly provide the necessary financial support to the Company, as and when required, to meet all liabilities for a period of 12 months from the date of signing these financial statements.”
Group structure
- PREMIER OIL E&P UK LIMITED · parent
- Premier Oil E&P UK EU Limited 100%
Significant events
- “On 22 April 2026, the Company's share capital was reduced by cancelling all but one of the issued ordinary shares in the capital of the Company.”
- “On 24 April 2026, the Company entered into a deed of release with Premier Oil E&P Holdings Limited which set out the terms on which the Company agreed to release and discharge Premier Oil E&P Holdings Limited from its obligation to pay or otherwise settle a liability of $185.4 million owing to the Company.”
- “On 24 April 2026, the Company entered into a deed of release with Premier Oil UK Limited which set out the terms on which the Company agreed to release and discharge Premier Oil UK Limited from its obligation to pay or otherwise settle a liability of $600.0 million owing to the Company.”
- “In April 2026, the Company entered into an agreement with Premier Oil UK Limited for the transfer of a 45% non-operated interest in the Tolmount field to the Company. This transaction completed on 1 May 2026.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 42 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HARBOUR ENERGY SECRETARIES LIMITED | Corporate Secretary | 2022-05-31 | — | — |
| BARR, Scott | Director | 2024-12-12 | Jul 1976 | British |
| LANDES, Howard Ralph | Director | 2021-04-15 | Dec 1975 | British |
| SCOTT, Russell | Director | 2024-12-12 | Sep 1973 | British |
Show 42 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ASHMORE, Richard John | Secretary | 2001-09-05 | 2008-12-31 |
| CHATTERWAY, Dennis Alan | Nominee Secretary | 1992-11-02 | 1993-11-02 |
| RICKARD, Rachel Abigail | Secretary | 2016-04-29 | 2017-01-18 |
| ROSE, Daniel Alexander | Secretary | 2018-11-01 | 2022-05-31 |
| VICKERS, Julie Alison | Secretary | 2017-01-18 | 2018-11-01 |
| HACKWOOD SECRETARIES LIMITED | Corporate Nominee Secretary | — | 2001-08-21 |
| ALLAN, Robert Andrew | Director | 2016-04-27 | 2020-06-25 |
| ARNTZ, Klaus, Dr | Director | 1992-12-18 | 1995-03-31 |
| BATE, David Karl | Director | 2013-10-01 | 2016-02-04 |
| BENKE, Eike, Dr | Director | 1992-12-18 | 2008-01-01 |
| BOOTH, Melanie Jayne | Director | 2012-09-18 | 2016-02-04 |
| BUSS, Judith | Director | 2008-01-01 | 2012-08-31 |
| COLE, Martin | Director | 2008-01-17 | 2009-06-19 |
| DEVENPORT, Simon | Director | 2013-07-18 | 2016-02-04 |
| DURRANT, Anthony Richard Charles | Director | 2016-04-27 | 2020-12-13 |
| FORSYTH, Julie Elizabeth | Director | 2016-11-25 | 2020-02-14 |
| GIBB, Andrew George | Director | 2016-11-25 | 2021-04-15 |
| GILES, Stephen Daniel | Director | 2000-09-20 | 2006-03-08 |
| GRIFFIN, Dean Geoffrey | Director | 2016-11-25 | 2021-07-21 |
| HAUPT, Jörn Carsten | Director | 2010-09-09 | 2013-03-15 |
| HESS, Jone | Director | 2010-09-09 | 2014-07-31 |
| HOHMANN, Bernd | Director | 1995-05-04 | 2006-03-23 |
| HOLLMANN, Gregor Ernst | Director | 2010-09-09 | 2013-09-01 |
| KIRK, Philip Andrew | Director | 2021-03-31 | 2022-02-28 |
| KRANE, Alexander Lorentzen | Director | 2021-04-15 | 2024-12-12 |
| LERCH, Michael Felix | Director | 2009-06-20 | 2016-04-27 |
| MACDONALD, Jeffrey Saunders | Director | 2006-03-23 | 2007-06-04 |
| NEUMANN, Uwe, Dr | Director | 1993-01-28 | 2003-09-30 |
| PRIEN, Nicolo | Director | 2006-03-23 | 2009-07-01 |
| REICHETSEDER, Peter, Prof Dr | Director | 2003-10-01 | 2012-08-31 |
| RIECHEL, Michael | Director | 2000-07-05 | 2006-03-23 |
| ROSE, Richard Andrew | Director | 2016-04-27 | 2021-04-15 |
| ROTHERMUND, Heinz Charles | Director | 2007-06-04 | 2011-12-31 |
| SIM, Alison Jane | Director | 2012-09-18 | 2016-02-04 |
| SIVERTSEN, Frank Allan | Director | 2006-03-08 | 2012-08-31 |
| SPONHEUER, Theodor | Director | 1994-12-14 | 2000-06-30 |
| STEINMANN, Klaus, Vice President Ruhrgas | Director | 1992-12-18 | 2000-02-23 |
| VAN DER LEE, Willem Marie | Director | 1995-05-04 | 2006-03-23 |
| WEBSTER, Gareth Peter | Director | 2020-02-14 | 2021-07-02 |
| WHEATON, Stuart Royston | Director | 2016-11-25 | 2018-07-01 |
| WILLIAMS, Paul David | Director | 2018-07-01 | 2021-07-02 |
| HACKWOOD SERVICE COMPANY | Corporate Nominee Director | 1992-11-02 | 1992-12-18 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Premier Oil E&P Holdings Limited | Corporate entity | Shares 75–100% | 2016-04-13 | Active |
Filing timeline
Last 20 of 267 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-04-23 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-21 | AA | accounts | Accounts with accounts type full | |
| 2026-07-17 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-04-30 | CH01 | officers | Change person director company with change date | |
| 2026-04-23 | SH20 | capital | Legacy | |
| 2026-04-23 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2026-04-23 | CAP-SS | insolvency | Legacy | |
| 2026-04-23 | RESOLUTIONS | resolution | Resolution | |
| 2025-09-24 | AA | accounts | Accounts with accounts type full | |
| 2025-07-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-16 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-12-20 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-12-16 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-16 | AP01 | officers | Appoint person director company with name date | |
| 2024-12-16 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-26 | AA | accounts | Accounts with accounts type full | |
| 2024-09-19 | CH01 | officers | Change person director company with change date | |
| 2024-09-19 | CH01 | officers | Change person director company with change date | |
| 2024-09-19 | CH04 | officers | Change corporate secretary company with change date | |
| 2024-09-06 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-08-16 | AD01 | address | Change registered office address company with date old address new address |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 2
- 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.