PHAROS ENERGY PLC
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Cash
£30M
USD 40,200,000
+143.6% highest in 3 filed years
Net assets
£213M
USD 283,900,000
-4% vs 2024
Employees
33
+13.8% vs 2024
Profit before tax
£4.9M
USD 6,500,000
-72.8% first positive since 2023
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 | £125,692,469 | £101,811,648 | £85,791,286 | -15.7% | |
| Operating profit | -£13,549,933 | £23,057,344 | £4,865,998 | -78.9% | |
| Profit before tax | -£14,972,301 | £17,891,900 | £4,865,998 | -72.8% | |
| Net profit | — | — | -£4,940,859 | — | |
| Cash | £24,404,851 | £12,352,149 | £30,094,325 | +143.6% | |
| Total assets less current liabilities | £306,108,699 | £296,226,980 | £289,040,275 | -2.4% | |
| Net assets | £206,018,865 | £221,365,474 | £212,531,816 | -4% | |
| Equity | £206,018,865 | £221,365,474 | £212,531,816 | -4% | |
| Average employees | 38 | 29 | 33 | +13.8% | |
| Wages | £5,090,582 | £4,416,829 | £4,042,521 | -8.5% | |
| Directors' remuneration | £2,284,773 | £2,051,954 | £1,849,828 | -9.9% |
Figures converted to GBP from USD at 0.749 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 | -10.8% | 22.6% | 5.7% | |
| Net margin | — | — | -5.8% | |
| Return on capital employed | -4.4% | 7.8% | 1.7% | |
| Gearing (liabilities / total assets) | 39.8% | 30.8% | 29.6% | |
| Current ratio | 2.09x | 4.18x | 4.11x | |
| Interest cover | -2.35x | 7.90x | 2.95x |
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. Sector-distribution context coming next.
Name history
Renamed 2 times since incorporation
- PHAROS ENERGY PLC 2019-10-16 → present
- SOCO INTERNATIONAL PLC 1997-03-13 → 2019-10-16
- SIGNTIMED PUBLIC LIMITED COMPANY 1997-01-10 → 1997-03-13
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Consolidated group
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“No material uncertainties have been identified that may cast significant doubt on the Group’s ability to continue as a going concern.”
Group structure
- PHAROS ENERGY PLC · parent
- OPECO Vietnam Limited 100%
- SOCO Vietnam Limited 100%
- Pharos Exploration Limited 100%
- Pharos SEA Limited 100%
- SOCO Exploration (Vietnam) Limited 100%
- OPECO, Inc 100%
- Pharos El Fayum 45%
- Pharos Energy Israel Limited 100%
Significant events
- “Further instability in the Middle East, with global economic and political implications, was introduced by the joint US and Israeli military action that began on 12 January 2024 in response to Houthi attacks on commercial shipping in the Red Sea. These strikes and subsequent military action by the US and Israel, and the retaliatory actions by the Houthis, have created an escalating security situation... The Group continues to carefully monitor the wide geopolitical implications and potential disruption to its business.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 30 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HUNTER, Anthony George | Secretary | 2017-11-12 | — | — |
| FELIX SARAIVA E SILVA, Joao Pedro | Director | 2025-06-26 | Jul 1977 | Portuguese |
| GREEN, Geoffrey Stephen | Director | 2020-05-20 | Sep 1949 | British |
| HIGGS, William George, Dr | Director | 2024-01-16 | Jul 1964 | British |
| MITCHELL, Lisa | Director | 2020-04-01 | Aug 1967 | Australian |
| RIVETT, Susan Jane | Director | 2021-07-01 | Feb 1962 | British |
| ROE, Katherine Louise Margiad | Director | 2024-07-01 | Jan 1978 | British |
Show 30 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CAGLE, Cynthia Beach | Secretary | 1997-02-21 | 2017-11-12 |
| SWIFT INCORPORATIONS LIMITED | Corporate Nominee Secretary | 1997-01-10 | 1997-02-21 |
| BARBAROUX, Olivier Michel Georges | Director | 1999-07-13 | 2018-06-07 |
| BRITTAIN, Roger William | Director | 1997-08-04 | 2004-05-05 |
| BROWN, Janice Margaret | Director | 2017-11-12 | 2024-04-30 |
| CABECADAS COELHO DE SOUSA, Rui Manuel | Director | 1999-07-13 | 2020-03-13 |
| CAGLE, Cynthia Beach | Director | 2012-12-05 | 2017-11-12 |
| CAGLE, Cynthia Beach | Director | 1997-02-21 | 1997-04-25 |
| CAGLE, Roger Dale | Director | 1997-02-21 | 2017-11-12 |
| CATHERY, Robert Maitland | Director | 2001-06-19 | 2016-06-09 |
| CONTINI, Ettore Paolo Michele | Director | 2001-12-10 | 2020-05-20 |
| DARYABEGUI, Marianne | Director | 2019-03-15 | 2024-05-23 |
| DARYABEGUI, Marianne | Director | 2013-10-01 | 2016-10-20 |
| GRAY, Robert Gresham | Director | 2013-12-09 | 2022-05-19 |
| JOHNS, Michael Charles | Director | 2011-06-23 | 2013-09-30 |
| KINGSTON, Peter Eric | Director | 1997-04-25 | 2011-06-23 |
| MARTIN, John Edward | Director | 2018-06-07 | 2025-06-25 |
| MARTINS MONTEIRO, Antonio Victor, Ambassador | Director | 2009-06-10 | 2019-05-23 |
| MAUGEIN, Patrick Christian Jean | Director | 1999-07-12 | 2006-12-06 |
| MERCIER, Daniel Anthony | Director | 1998-09-08 | 1999-07-13 |
| NORTON, John Charles | Director | 1997-04-25 | 2016-06-09 |
| ROBERTS, Martin John Dickin | Director | 2004-09-07 | 2011-06-23 |
| SIMANDOUX, Pierre Rene | Director | 1997-04-25 | 1999-07-13 |
| SNYDER, John Childress | Director | 1997-04-25 | 2009-06-10 |
| STORY, Edward T | Director | 1997-04-25 | 2022-03-23 |
| TAYLOR, Timothy Dale | Director | 1997-04-25 | 1999-07-13 |
| WATTS, Michael John, Dr | Director | 2017-11-12 | 2022-03-23 |
| WATTS, Michael John, Dr | Director | 2009-08-14 | 2017-01-31 |
| INSTANT COMPANIES LIMITED | Corporate Nominee Director | 1997-01-10 | 1997-02-21 |
| SWIFT INCORPORATIONS LIMITED | Corporate Nominee Director | 1997-01-10 | 1997-02-21 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 529 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-06-08 RESOLUTIONS Resolution
- 2025-06-04 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-08 | RESOLUTIONS | resolution | Resolution | |
| 2026-06-08 | AA | accounts | Accounts with accounts type group | |
| 2026-04-22 | CH03 | officers | Change person secretary company with change date | |
| 2025-10-13 | SH01 | capital | Capital allotment shares | |
| 2025-08-26 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-08-26 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-07-29 | SH05 | capital | Capital cancellation treasury shares with date currency capital figure | |
| 2025-07-17 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-07-10 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-30 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-04 | RESOLUTIONS | resolution | Resolution | |
| 2025-06-04 | AA | accounts | Accounts with accounts type group | |
| 2025-04-10 | SH01 | capital | Capital allotment shares | |
| 2025-04-04 | SH01 | capital | Capital allotment shares | |
| 2025-03-11 | SH06 | capital | Capital cancellation shares | |
| 2025-03-11 | SH01 | capital | Capital allotment shares | |
| 2025-03-06 | SH03 | capital | Capital return purchase own shares | |
| 2025-03-06 | SH03 | capital | Capital return purchase own shares | |
| 2025-03-05 | SH06 | capital | Capital cancellation shares | |
| 2025-02-03 | SH06 | capital | Capital cancellation shares |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 9
- Capital events
- 10
- 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.