BATAVIA OIL RANG DONG LTD

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

  -9.8%

  £60,436,570 → £54,495,776

• Cash

  -54.8%

  £5,829,409 → £2,633,625

• Net assets

  -52.2%

  £16,786,275 → £8,029,454

• Employees

  0%

  5 → 5

• Operating profit

  +21.6%

  £24,580,997 → £29,884,129

• Profit before tax

  +23.8%

  £22,067,728 → £27,319,279

• Wages

  +4.7%

  £143,530 → £150,258

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. BATAVIA OIL RANG DONG LTD 2023-06-09 → present
2. PERENCO RANG DONG LIMITED 2013-02-22 → 2023-06-09
3. CONOCOPHILLIPS (U.K.) GAMA LIMITED 2002-11-21 → 2013-02-22
4. CONOCO (U.K.) GAMA LIMITED 1999-03-17 → 2002-11-21
5. LIQUENT LIMITED 1999-02-19 → 1999-03-17

Accounting basis

IFRS

Reporting scope

Standalone (parent only)

Auditor

UHY Hacker Young

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“As of the balance sheet date, the Company is a going concern with a Solvency Ratio of 12.65 (2023 as restated: 3.94) and a Liquidity Ratio of 1.09 (2023 as restated: 5.49). The activities of the Company will be financed mainly by internally generated cash flows. The PSC has expired in April 2025, notwithstanding, the directors believe the Company is a going concern as the Batavia Oil group pursues other opportunities in the region. As such, the financial statements should be prepared on a going concern basis.”

Significant events

• “On 31 March 2025 dividends totalling $4,500,000 were declared, equating to $50,000 per ordinary share.”
• “On 16 June 2025 dividends totalling $8,000,000 were declared, equating to $88,889 per ordinary share.”
• “Production activity will continue till 6 April 2025 and the Company will continue to invest where required to ensure maximum value is extracted from Block 15-2.”
• “No exploration projects are expected in the near future as the PSC has expired in April 2025.”
• “In Q4 2024, Donald Trump was elected as president of the United States. Since then, President Trump has launched a sweeping agenda which has impacted policies both domestically and internationally. In addition, the war between Russia and Ukraine, and tensions in the Middle East has continued and shows little signs of cooling down.”

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

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.