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BG KARACHAGANAK LIMITED

#03294207 · Active · Incorporated 1996-12-18 (29y 5m) · Last filing 2025-12-31 (5mo ago)
Energy · SIC 06100 · B Mining & Quarrying · Full accounts

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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-11-24 (in 6mo)

Last made up 2025-11-10

Watchouts

None on the register

Cash

£540K

USD 722,000

+207.2% vs 2023

Net assets

£2B

USD 2,141,574,000

-0.1% vs 2023

Employees

8

0% vs 2023

Profit before tax

£481M

USD 643,153,000

+1.6% vs 2023

Accounts

2-year trend · latest reflected 2024-12-31

Metric Trend 2023-12-312024-12-31
Turnover £838,743,365£888,972,864
Operating profit £472,550,647£479,713,688
Profit before tax £473,162,892£480,790,162
Net profit £309,910,294£312,700,157
Cash £175,675£539,732
Total assets less current liabilities £1,974,470,360£1,992,769,679
Net assets £1,602,208,268£1,600,937,430
Equity £1,602,208,268£1,600,937,430
Average employees 88
Wages ——
Directors' remuneration —£310,234

Figures converted to GBP from USD at 0.748 per USD (Frankfurter spot rate) — hover any figure for the original. — 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

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 2023-12-312024-12-31
Operating margin 56.3%54.0%
Net margin 36.9%35.2%
Return on capital employed 23.9%24.1%
Gearing (liabilities / total assets) 27.9%26.6%
Current ratio 1.37x1.51x
Interest cover 73.61x78.83x

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 3 times since incorporation

  1. BG KARACHAGANAK LIMITED 1998-07-03 → present
  2. BG NO.1 LIMITED 1998-02-20 → 1998-07-03
  3. BRITISH GAS EMPLOYEE SHARES TRUSTEES LIMITED 1997-02-17 → 1998-02-20
  4. BG EMPLOYEE SHARES TRUSTEES LIMITED 1996-12-18 → 1997-02-17

Audit & accounting basis

Accounting basis
FRS 101
Reporting scope
Standalone (parent only)
Auditor
Ernst & Young LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“In determining the appropriate basis of preparation of the financial statements, the Directors are required to consider whether the Company can continue in operational existence over the period to 31 December 2026 (the 'going concern period'). The Directors have considered the potential risks and uncertainties relating to ongoing geo-political events and its related economic impact on the Company's business, credit, market, and liquidity position. Based on the above, together with the Directors knowledge and experience of the market, the Directors consider it appropriate to prepare the financial statements for the year ended 31 December 2024 on a going concern basis.”

Group structure

  1. BG KARACHAGANAK LIMITED · parent
    1. Karachaganak Petroleum Operating B.V. 29.25% · Republic of Kazakhstan · production and export of hydrocarbons

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

People

6 active · 60 resigned

Name Role Appointed Born Nationality
PECTEN SECRETARIES LIMITED Corporate Secretary 2022-11-01 — —
COOGAN, Suzanne Maureen Director 2025-07-01 Nov 1982 Irish
KEMULARIA, Tsira Director 2022-10-17 Jan 1977 British,Georgian
MCMAHON, David James Director 2024-09-30 Mar 1975 British
SUNDARAM, Manavala Kalyana Director 2017-07-01 May 1972 British
SHELL CORPORATE DIRECTOR LIMITED Corporate Director 2018-07-13 — —
Show 60 resigned officers
Name Role Appointed Resigned
BARRY, Chloe Silvana Secretary 2013-07-22 2017-02-13
DUNN, Rebecca Louise Secretary 2010-09-14 2016-05-31
ENNETT, Cayley Louise Secretary 2015-10-01 2016-07-31
GRIFFIN, John Edward Henry Secretary 1996-12-18 2003-04-22
INMAN, Carol Susan Secretary 2003-04-22 2013-07-22
MCCULLOCH, Alan William Secretary 2007-09-14 2012-04-27
MOORE, Paul Anthony Secretary 2005-08-05 2007-09-14
THOMAS, Luke Secretary 1998-08-25 1999-01-14
SHELL CORPORATE SECRETARY LIMITED Corporate Secretary 2016-07-31 2022-11-01
WATERLOW SECRETARIES LIMITED Corporate Nominee Secretary 1996-12-18 1996-12-18
AFFLECK, Lewis Grant Director 2004-04-27 2008-07-21
AL-JANABI, Ali Director 2024-08-28 2025-07-01
ANDERSEN, Larry Alan Director 2004-08-23 2005-10-01
ANDREW, Elizabeth Clare Director 2021-08-03 2022-06-30
BERGEN, Duncan Herman Van Director 2016-05-23 2017-09-18
BERGET, Jorn Arild Director 2005-01-19 2010-01-28
BLAKER, Nicholas William Hermann Director 2017-04-06 2017-07-01
BROWN, Malcolm Archibald Halliday Director 1998-07-28 1999-11-01
BURMEISTER, German Director 2021-08-10 2024-08-22
BURRARD-LUCAS, Stephen Charles Director 1998-07-28 1998-11-30
CHAPMAN, Frank Joseph Director 1998-07-28 2004-12-30
COLLINGWOOD, Jonathan Mark Director 2012-01-10 2014-10-03
DOUGHTY, Donald Glenwood Director 1998-07-28 2000-08-31
DRANFIELD, Peter Director 2008-07-21 2009-12-21
FLOWERS, John Peter Director 2008-07-21 2010-01-29
FORBES, Timothy John Director 1998-07-28 1999-11-01
FOX, Nicola Mary Director 2014-12-12 2016-08-31
FRIEDRICH, William Michael Director 1999-11-01 2005-03-17
FYSH, Stuart Alfred, Dr Director 2004-08-23 2008-11-24
GRIFFIN, John Edward Henry Director 1996-12-18 1998-07-28
HALL, Graham Director 2012-11-07 2015-02-02
HOUSTON, Martin Joseph Director 1999-11-01 2010-01-21
HUGHES, John David Director 2010-11-01 2012-01-05
KHOSLA, Deepak Director 2013-09-13 2024-10-31
LAZARE, Olivier Marie Charles, Mr. Director 2017-09-18 2021-06-01
LEIJTEN, Sarah Alexandra Director 2009-12-01 2010-01-26
LIDDELL, Richard Thomas Director 1998-07-28 1999-06-01
MARKHAM, Una Director 1996-12-18 1998-07-28
MARTIN-DAVIS, Andrew Director 2015-03-02 2016-05-31
MCMANUS, David Director 2000-05-23 2004-09-30
MORROW, John Andrew Corran Director 1998-07-28 2004-08-23
MULGROVE, Anthony John Director 2005-10-01 2008-07-21
MURPHY, Aidan John Director 2021-06-01 2021-08-10
O'SHEA, Christopher Michael Director 2012-01-10 2012-10-10
O'SHEA, Christopher Michael Director 2009-12-01 2010-11-01
PRESTON, David Director 1998-07-28 1999-08-27
ROBERTS, David E Director 2003-02-03 2006-03-10
SEATON, James Gareth Director 2015-01-27 2016-10-31
SIMMONDS, David Edward Director 2003-08-27 2004-04-27
SUTCLIFFE, Sean George Cronin Director 2004-08-23 2004-12-30
SUTCLIFFE, Sean George Cronin Director 1998-07-28 1999-11-01
TAYLOR, William Emil Director 2012-01-10 2013-12-31
THORNLEY, Brian Ralph Director 1998-07-28 1999-11-01
TRAFFORD, Edward Le Marchant Director 1998-09-29 2000-08-31
TUCKER, Roger Morris, Dr Director 2011-11-28 2012-01-13
WALSHE, Edward Thomas Director 1998-07-28 1999-11-01
WELSH, Brian John Director 2009-12-01 2011-11-30
WHYTE, Stephen James Director 2010-03-15 2011-11-07
WORMLEY, Jon Clarke Director 1998-12-01 2004-12-30
WATERLOW NOMINEES LIMITED Corporate Nominee Director 1996-12-18 1996-12-18

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Bg International Limited Corporate entity Shares 75–100%, Voting 75–100%, right-to-appoint-and-remove-directors-as-firm 2016-04-06 Active

Filing timeline

Last 20 of 231 total filings

Date Type Category Description
2025-12-31 CH01 officers Change person director company with change date PDF
2025-12-31 CH01 officers Change person director company with change date PDF
2025-11-12 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-08-26 AA accounts Accounts with accounts type full
2025-07-29 TM01 officers Termination director company with name termination date PDF
2025-07-28 AP01 officers Appoint person director company with name date PDF
2025-03-12 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-12-19 AA accounts Accounts with accounts type full
2024-11-08 TM01 officers Termination director company with name termination date PDF
2024-10-18 AP01 officers Appoint person director company with name date PDF
2024-10-08 TM01 officers Termination director company with name termination date PDF
2024-10-08 AP01 officers Appoint person director company with name date PDF
2024-03-01 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-11-13 AA accounts Accounts with accounts type full
2023-02-16 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-11-28 AP04 officers Appoint corporate secretary company with name date PDF
2022-11-18 TM02 officers Termination secretary company with name termination date PDF
2022-10-20 AP01 officers Appoint person director company with name date PDF
2022-10-07 AA accounts Accounts with accounts type full
2022-07-15 TM01 officers Termination director company with name termination date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
6

last 12 months

Capital events
0

last 24 months

Officers appointed
1

last 12 months

Officers resigned
1

last 12 months

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

Official Companies House page