COVE ENERGY LIMITED
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Cash
£1.3m
USD 1,757,000
-21.5% lowest in 3 filed years
Net assets
£1.1bn
USD 1,450,178,000
+7.3% highest in 3 filed years
Employees
0
-100% lowest in 3 filed years
Profit before tax
-£9.8m
USD -13,207,000
-66.7% vs 2024
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 | — | — | — | — | |
| Operating profit | -£11,288,830 | -£6,033,906 | -£11,706,865 | -94% | |
| Profit before tax | -£11,368,058 | -£5,881,089 | -£9,801,113 | -66.7% | |
| Net profit | -£8,738,626 | -£4,474,690 | -£7,020,408 | -56.9% | |
| Cash | £3,769,219 | £1,660,299 | £1,303,896 | -21.5% | |
| Total assets less current liabilities | £998,662,535 | £1,134,996,020 | £1,239,498,330 | +9.2% | |
| Net assets | £893,264,041 | £1,003,102,515 | £1,076,198,887 | +7.3% | |
| Equity | £893,264,041 | £1,003,102,515 | £1,076,198,887 | +7.3% | |
| Average employees | 1 | 1 | 0 | -100% | |
| Wages | £21,180 | £19,898 | — | — | |
| Directors' remuneration | — | £0 | £0 | — |
Figures converted to GBP from USD at 0.742 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 |
|---|---|---|---|---|
| Return on capital employed | -1.1% | -0.5% | -0.9% | |
| Gearing (liabilities / total assets) | 12.6% | 13.6% | 15.8% | |
| Current ratio | 2.27x | 2.87x | 2.17x | |
| Interest cover | -1.39x | -0.62x | -1.10x |
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
- COVE ENERGY LIMITED 2012-11-06 → present
- COVE ENERGY PLC 2009-07-03 → 2012-11-06
- LAPP PLATS PLC 2003-12-15 → 2009-07-03
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Consolidated group
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The continuing viability of the Group and the Company and their ability to continue as a going concern and meet their debts and commitments as they fall due are dependent upon the Group and the Company receiving the continuing support from PTTEP.”
Group structure
- COVE ENERGY LIMITED · parent
- Cove Energy East Africa Limited 100%
- PTTEP Mozambique Area 1 Limited 100%
Significant events
- “On 17 July 2026, PTTEP Mozambique Area 1 Limited (PTTEP MZA1), a subsidiary of the Group, obtained an 8.5% ownership interest in Moz LNG1 HoldCo, Limitada (MOZ HoldCo) by transferring its 8.5% participating interest in the Golfinho-Atum Area of the Mozambique Area 1 Project.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
1 active · 27 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| AMORNPRABHARWAT, Anan, Mr. | Director | 2025-10-30 | Jul 1976 | Thai |
Show 27 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BANYARD, Alec William James | Secretary | 2003-12-15 | 2004-01-23 |
| BARRETT, Brian Anthony | Secretary | 2005-03-16 | 2009-05-26 |
| MOONEY, Alan Donal | Secretary | 2004-01-23 | 2005-03-16 |
| NOLAN, Michael Henry | Secretary | 2009-05-26 | 2009-07-02 |
| NOLAN, Michael Henry | Secretary | 2009-05-26 | 2014-09-30 |
| SLC REGISTRARS LIMITED | Corporate Secretary | 2003-12-15 | 2003-12-15 |
| BANYARD, Alec William James | Director | 2004-01-23 | 2007-08-01 |
| BARRETT, Brian Anthony | Director | 2005-04-26 | 2009-05-26 |
| BLAHA, Frantisek Michael Josef, Non Executive Chairman | Director | 2009-05-26 | 2012-08-17 |
| CHONCHAWALIT, Anun | Director | 2019-05-10 | 2020-12-31 |
| CHONCHAWALIT, Anun, Dr. | Director | 2012-08-17 | 2015-03-20 |
| CRAVEN, John Edward | Director | 2009-05-27 | 2012-10-01 |
| GOLDING, Anthony Charles | Director | 2010-07-12 | 2012-08-17 |
| HALL, David John | Director | 2003-12-15 | 2005-03-16 |
| LERTWANICHWATANA, Ratchada | Director | 2019-05-10 | 2021-10-01 |
| MOONEY, Alan Donal | Director | 2003-12-15 | 2005-03-16 |
| MOXON, Frank Hoyt | Director | 2009-12-02 | 2012-08-17 |
| MURPHY, Ivan James Bowen | Director | 2009-06-08 | 2009-12-02 |
| NOLAN, Michael Henry | Director | 2003-12-15 | 2014-09-30 |
| O'GORMAN, Thomas | Director | 2006-09-25 | 2009-07-02 |
| ROJPIBULSTIT, Mana | Director | 2015-03-20 | 2019-05-10 |
| STALEY, George Henry Stephen, Dr | Director | 2010-02-02 | 2012-08-17 |
| SUTHAPINTU, Narongpol | Director | 2021-10-01 | 2025-10-30 |
| SWEENEY, Paul Joseph | Director | 2006-09-25 | 2009-02-25 |
| WANGUDOMSUK, Direk | Director | 2012-08-17 | 2019-05-10 |
| SLC CORPORATE SERVICES LIMITED | Corporate Director | 2003-12-15 | 2003-12-15 |
| SLC REGISTRARS LIMITED | Corporate Director | 2003-12-15 | 2003-12-15 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| The Ministry Of Finance | Legal person | Shares 50–75%, Voting 50–75%, Appoints directors | 2016-05-05 | Active |
Filing timeline
Last 20 of 148 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-25 | AA | accounts | Accounts with accounts type group | |
| 2026-01-16 | SH01 | capital | Capital allotment shares | |
| 2025-12-12 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-10-31 | AP01 | officers | Appoint person director company with name date | |
| 2025-10-30 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-02 | AA | accounts | Accounts with accounts type group | |
| 2024-12-23 | SH01 | capital | Capital allotment shares | |
| 2024-12-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-13 | AD02 | address | Change sail address company with old address new address | |
| 2024-10-21 | AA | accounts | Accounts with accounts type group | |
| 2024-09-24 | SH01 | capital | Capital allotment shares | |
| 2024-02-22 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date | |
| 2023-12-15 | CS01 | confirmation-statement | Confirmation statement | |
| 2023-10-13 | AA | accounts | Accounts with accounts type group | |
| 2023-01-17 | SH01 | capital | Capital allotment shares | |
| 2022-12-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-05 | AA | accounts | Accounts with accounts type group | |
| 2021-12-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-10-20 | TM01 | officers | Termination director company with name termination date | |
| 2021-10-20 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 2
- Officers appointed
- 1
- Officers resigned
- 1
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.