ENQUEST BRITAIN LIMITED

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

• Turnover

  —

  Not reported

• Cash

  -51.2%

  £8,114,674 → £3,956,044

• Net assets

  +35.1%

  £168,604,321 → £227,829,110

• Employees

  -4.9%

  491 → 467

• Operating profit

  +115.6%

  -£52,978,994 → £8,283,621

• Profit before tax

  +139.4%

  -£133,661,509 → £52,599,237

• Wages

  +3.5%

  £33,252,598 → £34,416,536

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

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.

1. ENQUEST BRITAIN LIMITED 2010-05-13 → present
2. LUNDIN BRITAIN LIMITED 2004-02-20 → 2010-05-13
3. DNO BRITAIN LIMITED 1998-12-10 → 2004-02-20
4. INTERCEDE 1359 LIMITED 1998-09-08 → 1998-12-10

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have concluded that the Company will be able to meet its liabilities as they fall due for a period of at least 12 months from the date of this report and have therefore concluded that the going concern basis of accounting is appropriate.”

Group structure

1. ENQUEST BRITAIN LIMITED · parent
   1. EnQuest Heather Limited 100% · England and Wales · exploration, extraction and production of hydrocarbons
   2. EnQuest UK Limited 100% · England and Wales
   3. EnQuest ENS Limited 100% · England and Wales
   4. EnQuest Dons Leasing Limited 100% · England and Wales · non-trading entities
   5. EnQuest Energy Limited 100% · England and Wales
   6. EnQuest Production Limited 100% · England and Wales
   7. EnQuest NNS Holdings Limited 100% · England and Wales
   8. EnQuest NNS Limited 100% · England and Wales
   9. EnQuest Thistle Limited 100% · England and Wales
   10. EnQuest UKCS Limited 100% · England and Wales
   11. Stratic UK Holdings Limited 100% · England and Wales
   12. EnQuest Heather Leasing Limited 100% · England and Wales
   13. EnQuest Advance Holdings Limited 100% · England and Wales
   14. EnQuest Advance Limited 100% · England and Wales · non-trading entities
   15. EnQuest Forward Holdings Limited 100% · England and Wales
   16. EnQuest Forward Limited 100% · England and Wales
   17. EnQuest Progress Limited 100% · England and Wales · appraisal and development of oil resources in the UK North Sea
   18. North Sea (Golden Eagle) Resources Limited 100% · England and Wales

Significant events

• “In February 2024, the outstanding principal amount under the RBL of $140.0 million was fully repaid.”
• “The capital reduction exercise executed in October 2024 cancelled the share premium account, resulting in $687.6 million being transferred to retained earnings.”
• “Subsequent to the year-end, EnQuest Heather Limited ('EHL'), a 100% owned subsidiary of the Company, entered into a series of bonus issues and capital reductions resulting in the $99.0 million in EHL other reserves transferring into retained earnings with no impact on total equity in EHL and no impact on the Company's investment in subsidiary.”

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

Filings

11

last 12 months

Capital events

2

last 24 months

Officers appointed

2

last 12 months

Officers resigned

2

last 12 months

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