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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-06-06 (in 1mo)

Last made up 2025-05-23

Watchouts

None on the register

Cash

£0

-100% vs 2023

Net assets

£13M

-65.7% vs 2023

Employees

0

Average over period

Profit before tax

£2M

-73.6% vs 2023

Accounts

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

Metric Trend 2023-12-312024-12-31
Turnover £4,742,000£4,142,000
Operating profit £1,419,000£1,843,000
Profit before tax £9,092,000£2,403,000
Net profit £4,037,000£356,000
Cash £38,000£0
Total assets less current liabilities
Net assets £37,516,000£12,872,000
Equity £37,516,000£12,872,000
Average employees 00
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

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 29.9%44.5%
Net margin 85.1%8.6%
Gearing (liabilities / total assets) 35.1%43.7%
Current ratio 4.72x2.01x
Interest cover 3.18x4.09x

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 1 time since incorporation

  1. DANA PETROLEUM (BVUK) LIMITED 2009-12-31 → present
  2. BOW VALLEY PETROLEUM (UK) LIMITED 1997-03-21 → 2009-12-31

Audit & accounting basis

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

“Taking account of the forecast cash flows of the Dana Group under the various scenarios described above and the stress testing performed, the Directors are satisfied the existing KEXIM Loan facility agreement with the availability to draw down on the facility, continues to provide the Dana Group adequate resources to continue to operate for the going concern assessment period to 31 December 2026. Therefore, the financial statements are prepared on a going concern basis.”

Significant events

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

People

4 active · 32 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 32 resigned officers
Name Role Appointed Resigned
ARNTON, John James Secretary 2009-04-30 2011-03-21
CRAWFORD, David Andrew Secretary 2011-03-21 2011-11-30
REID, Jill Secretary 2011-11-30 2014-12-11
ROBERTS, Walter Rookehurst Secretary 1997-03-21 2009-04-30
BAEK, Ohkyeu, Non-Executive Board Member Director 2013-02-19 2014-07-15
COLBURNE, Stewart Ancil Director 1997-04-25 2001-04-26
CRAWFORD, David Andrew Director 2013-12-06 2017-06-07
CROSS, Thomas Patrick Director 2009-04-30 2010-11-08
DEBONI, Walter Director 1997-04-25 2002-02-28
DUNCANSON, Andrew Graham Director 2022-08-15 2023-07-17
ELLIOT, Robert David, Dr Director 2014-08-29 2018-12-31
FAIRBROTHER, Nicholas John Director 2006-04-26 2009-04-30
FLEMING, David Allan Director 2001-04-26 2007-07-01
GIBSON, Stewart Glen Director 1997-08-01 1999-09-23
HUTCHISON, Laura Anne Director 2017-07-21 2022-04-29
JANISCH, Matthew Lawrence Director 2006-04-26 2008-06-13
JONES, David Peter Director 1997-03-21 1998-01-05
KANG, Yongwoo Director 2019-02-13 2020-07-06
KANG, Yongwoo Director 2014-07-15 2016-12-24
KIM, Jongwoo Director 2020-08-28 2022-08-24
LONGMAN, Christopher David, Dr Director 1999-10-06 2008-12-11
MACFARLANE, David Archibald Director 2009-04-30 2011-03-21
MIN, Kyung Seok Director 2020-06-01 2022-09-01
MOFFAT, Robert Gordon Director 2002-02-28 2009-04-30
NAM, Jaegu Director 2022-09-19 2024-04-30
PATON, Stuart Mcnicol, Dr Director 2009-04-30 2011-03-21
RICHARDS, Marcus Trevor, Dr Director 2011-03-02 2013-11-27
ROBERTS, Walter Rookehurst Director 1997-03-21 2008-12-11
SCOTTON, Graham Director 2013-09-27 2014-08-22
SEO, Jungwoo Director 2016-12-20 2020-06-01
SYNN, Eugene Director 2011-03-02 2013-02-19
VAN DALEN, Bert Eiko Director 2017-07-21 2022-08-15

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Dana Petroleum Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors, right-to-appoint-and-remove-directors-as-firm, significant-influence-or-control-as-firm 2016-04-06 Active

Filing timeline

Last 20 of 235 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2023-12-14 RESOLUTIONS Resolution
Date Type Category Description
2025-10-02 AA accounts Accounts with accounts type full
2025-05-27 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-09-23 AA accounts Accounts with accounts type full
2024-05-27 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-05-01 AP01 officers Appoint person director company with name date PDF
2024-05-01 TM01 officers Termination director company with name termination date PDF
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
2023-10-30 AP01 officers Appoint person director company with name date PDF
2023-09-28 AA accounts Accounts with accounts type full
2023-07-27 MR04 mortgage Mortgage satisfy charge full PDF
2023-07-27 MR04 mortgage Mortgage satisfy charge full PDF
2023-07-27 MR04 mortgage Mortgage satisfy charge full PDF
2023-07-27 MR04 mortgage Mortgage satisfy charge full PDF
2023-07-27 MR04 mortgage Mortgage satisfy charge full PDF
2023-07-27 MR04 mortgage Mortgage satisfy charge full PDF
2023-07-27 MR04 mortgage Mortgage satisfy charge full PDF
2023-07-27 MR04 mortgage Mortgage satisfy charge full PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
2

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

last 12 months

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

Official Companies House page