SEFE MARKETING & TRADING LIMITED

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

• Turnover

  +17.2%

  £5,367,931,000 → £6,293,499,000

• Cash

  -55.4%

  £111,742,000 → £49,792,000

• Net assets

  -15.1%

  £1,776,287,000 → £1,507,674,000

• Employees

  +13.4%

  749 → 849

• Operating profit

  -36.9%

  £455,740,000 → £287,771,000

• Profit before tax

  -49.7%

  £425,779,000 → £214,067,000

• Wages

  -14.8%

  £199,381,000 → £169,798,000

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. SEFE MARKETING & TRADING LIMITED 2022-07-29 → present
2. GAZPROM MARKETING & TRADING LIMITED 2004-08-13 → 2022-07-29
3. GAZPROM U.K. TRADING LTD 1999-05-06 → 2004-08-13

Accounting basis

IFRS

Reporting scope

Consolidated group

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In the opinion of the Directors there are no reasonably plausible circumstances in which the going concern basis might not be appropriate, and as a result, these Financial Statements have been prepared on a going concern basis. Please see note 2 Basis of preparation for the Group's Statement of going concern.”

Group structure

1. SEFE MARKETING & TRADING LIMITED · parent
   1. SEFE LNG Limited 100% · England and Wales · Energy trading
   2. SEFE Energy Limited 100% · England and Wales · Energy supply
   3. SEFE Marketing & Trading Mex (UK) 1 Limited 100% · England and Wales · Holding company
   4. SEFE Marketing & Trading Mex (UK) 2 Limited 100% · England and Wales · Holding company
   5. SEFE Energy SAS 100% · France · Energy supply
   6. SEFE Marketing & Trading USA, Inc. 100% · USA · Energy trading
   7. SEFE Marketing & Trading Singapore Pte. Limited 100% · Singapore · Energy trading
   8. SEFE Marketing & Trading India Pte. Ltd. 100% · Singapore · Dormant
   9. SEFE M&T Mexico S. de R. L. de C.V. 100% · Mexico · Energy trading
   10. SEFE Marketing & Trading Switzerland AG 100% · Switzerland · Energy trading

Significant events

• “The Group's operating business developed positively in 2024, performing largely in line with expectations and building on the positive sustainable earnings achieved prior to the European energy crisis, leading to further improvement of the Group's retained earnings position.”
• “The Hydrogen (H2) accelerator has been integrated with the sales business, outlining that the Group's aim is to help customers achieve climate neutrality. This reorganisation makes it possible to actively shape market development in the field of hydrogen and to consolidate the Group's position as one of the leading providers of hydrogen solutions going forwards. In the first few months after the launch, significant partnerships were established and new projects were initiated globally.”
• “The Group made significant progress in facilitating the Energy Transition through procuring increased volumes of green certificates and launching new metals trading capabilities. The Group also contracted new high-quality carbon offsets to offset future emissions.”
• “The LNG portfolio delivered an exceptional performance, achieving a record 132 cargo deliveries during the year (2023: 84 cargo deliveries), far outperforming pre-crisis levels. Supported by seven operational vessels, the LNG portfolio generated substantial profits by managing global supply and demand dynamics, optimising freight deliveries, leveraging contract flexibility, and capitalising on favorable arbitrage opportunities. The Group strengthened its European supply capabilities by expanding regasification capacities and achieved a notable milestone with the successful delivery of its first LNG cargo to a German LNG regasification terminal, providing direct access to the German gas pipeline network.”
• “The retail business has seen gas volumes and number of sites supplied increase by 10.7% and 6.2% respectively in 2024.”
• “The retail business UK gas market share increased to 22.0% in the year (2023: 19.6%).”
• “Certain events occurred during 2022 and 2023 which had an effect on the Group and Company performance, which are considered unlikely to recur, and which were outside of the Group's control. These events were caused by the war in Ukraine, the sanctions applied by Western Governments and in particular the counter-sanctions put in place by the Russian Government. In the current period, the residual impact of these events is not judged to be material, so no exceptional items have been identified.”

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

Filings

4

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.