SERICA ENERGY PLC
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Cash
£14M
USD 18,840,000
-87.3% lowest in 3 filed years
Net assets
£501M
USD 669,574,000
-15.9% lowest in 3 filed years
Employees
233
+5% highest in 3 filed years
Profit before tax
£60M
USD 80,343,000
-49.9% lowest in 3 filed years
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 | £590,597,395 | £544,376,404 | £450,238,808 | -17.3% | |
| Operating profit | £299,362,929 | £139,592,005 | £83,825,423 | -39.9% | |
| Profit before tax | £284,751,460 | £120,151,220 | £60,145,980 | -49.9% | |
| Net profit | £95,640,814 | £69,193,742 | -£38,794,730 | -156.1% | |
| Cash | £251,110,196 | £111,139,392 | £14,103,908 | -87.3% | |
| Total assets less current liabilities | £760,059,889 | £931,077,257 | £953,535,709 | +2.4% | |
| Net assets | £624,470,729 | £596,240,455 | £501,253,182 | -15.9% | |
| Equity | £624,470,729 | £596,240,455 | £501,253,182 | -15.9% | |
| Average employees | 202 | 222 | 233 | +5% | |
| Wages | £24,654,140 | £26,681,389 | £29,501,422 | +10.6% | |
| Directors' remuneration | £2,346,160 | £1,667,914 | £1,773,469 | +6.3% |
Figures converted to GBP from USD at 0.749 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 |
|---|---|---|---|---|
| Operating margin | 50.7% | 25.6% | 18.6% | |
| Net margin | 16.2% | 12.7% | -8.6% | |
| Return on capital employed | 39.4% | 15.0% | 8.8% | |
| Gearing (liabilities / total assets) | 47.1% | 45.6% | 56.3% | |
| Current ratio | 4.61x | 1.80x | 1.05x | |
| Interest cover | 14.86x | 4.99x | 3.18x |
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.
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Consolidated group
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors are required to consider the availability of resources to meet the Group's liabilities for the period till 30 June 2027, the 'going concern period'. At 20 March 2026 the Group held cash and cash equivalents of $94 million, restricted cash of $12 million, and undrawn RBL facility amount of $30 million. The facility has over $20 million, and”
Group structure
- SERICA ENERGY PLC · parent
- Serica Holdings UK Ltd 100%
- Serica Energy Investments Limited 100%
- Serica Energy Holdings BV 100%
- Serica Energy (UK) Ltd 100%
- Serica Energy Methil Limited 100%
- Serica Energy Sirocco Limited 100%
- Serica Energy Chinook Limited 100%
- Serica Energy Mistral Limited 100%
- Serica Energy Bora Limited 100%
- Serica Energy Corporation 100%
- Prax Asia Ltd 100%
- Prax UK Exploration Limited 100%
- Serica GBA Limited 100%
- Serica Energy Norte Limited 100%
- Prax Upstream Limited 100%
- Prax Hurricane Assessment Limited 100%
- Prax Hurricane GLA Limited 100%
- Prax Hurricane Group Limited 100%
- Prax Hurricane GWA Limited 100%
- Prax Hurricane Holdings Limited 100%
- Prax Hurricane Petroleum Limited 100%
- Prax Hurricane (Strathmore) Limited 100%
- Prax Hurricane (Whirlwind) Limited 100%
Significant events
- “On 11 December 2025, the Company completed the acquisition of 100% of the shares of Prax Upstream Limited ('PUL') for the consideration of $19.6 million.”
- “In February 2024, Serica Energy (UK) Limited acquired JOG Fox Limited (renamed Serica GBA Limited during 2024) for total consideration of $19.6 million.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
10 active · 27 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| STOCKDALE, John Alexander | Secretary | 2025-07-14 | — | — |
| COPELAND, Martin Francis David | Director | 2024-02-05 | Oct 1969 | British |
| COPPINGER, Katherine Jane | Director | 2020-04-22 | May 1970 | British |
| COX, Christopher Martin | Director | 2024-07-01 | Mar 1961 | British |
| LATIN, David Michael | Director | 2021-12-07 | Apr 1965 | British |
| LAWSON, Robert Stephen | Director | 2023-03-23 | Jan 1970 | British |
| REES, Sian Lloyd | Director | 2023-07-17 | Aug 1960 | British |
| SOETING, Michiel | Director | 2023-02-01 | Jun 1962 | Dutch |
| VAN HECKE, Kaat Juliana | Director | 2023-07-17 | Dec 1971 | Belgian |
| VERMERSCH, Guillaume Jean Roger | Director | 2023-03-23 | Mar 1970 | French |
Show 27 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BATEMAN, Amanda Macfarlane | Secretary | 2015-07-01 | 2018-07-27 |
| DAVIES, Janette Lesley | Secretary | 2008-06-06 | 2015-07-01 |
| SEWARD PEARCE, Reginald Kenneth | Secretary | 2005-05-12 | 2008-06-06 |
| AMBA SECRETARIES LIMITED | Corporate Secretary | 2018-07-27 | 2025-07-14 |
| BREAMS REGISTRARS AND NOMINEES LIMITED | Corporate Nominee Secretary | 2005-05-12 | 2005-05-12 |
| ATKINSON, Christopher David, Dr | Director | 2005-05-12 | 2006-12-31 |
| BELL, Andrew Stewart | Director | 2021-09-03 | 2024-02-05 |
| BSEISU, Amjad Adnan | Director | 2005-05-12 | 2005-09-01 |
| CARTWRIGHT, Jonathan Harry | Director | 2008-03-27 | 2012-06-28 |
| CRAVEN WALKER, Antony | Director | 2005-05-12 | 2023-06-29 |
| ELLIS, Paul William | Director | 2005-09-01 | 2011-04-10 |
| FLEGG, Mitchell Robert | Director | 2017-11-21 | 2024-04-24 |
| FLEGG, Mitchell Robert | Director | 2012-09-05 | 2015-05-31 |
| GARLICK, Trevor William | Director | 2018-11-30 | 2023-07-17 |
| HARRIS, Jeffrey | Director | 2012-12-20 | 2017-11-21 |
| HEARNE, Christopher James | Director | 2005-05-12 | 2015-05-31 |
| PIKE, Neil | Director | 2005-05-12 | 2021-06-24 |
| ROSE, Richard Andrew | Director | 2021-09-28 | 2022-06-21 |
| SADLER, Peter David | Director | 2008-11-27 | 2013-06-27 |
| SCHMITT, Jerome | Director | 2022-07-01 | 2025-05-22 |
| SEWARD PEARCE, Reginald Kenneth | Director | 2005-05-12 | 2005-09-01 |
| STEEL, James Sibbald | Director | 2005-05-12 | 2007-09-30 |
| THEEDE, Steven Michael | Director | 2007-07-24 | 2015-06-30 |
| VANN, Ian Roland | Director | 2007-07-01 | 2022-04-30 |
| WEBB, Malcolm | Director | 2018-11-30 | 2024-06-27 |
| BREAMS CORPORATE SERVICES | Corporate Nominee Director | 2005-05-12 | 2005-05-12 |
| BREAMS REGISTRARS AND NOMINEES LIMITED | Corporate Nominee Director | 2005-05-12 | 2005-05-12 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 385 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-06-10 RESOLUTIONS Resolution
- 2025-06-02 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-25 | AA | accounts | Accounts with accounts type group | |
| 2026-06-10 | RESOLUTIONS | resolution | Resolution | |
| 2026-05-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-05-27 | RP01AP01 | officers | Replacement filing of director appointment with name | |
| 2026-01-07 | CH01 | officers | Change person director company with change date | |
| 2025-10-20 | CH01 | officers | Change person director company with change date | |
| 2025-07-14 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-07-14 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-06-30 | AA | accounts | Accounts with accounts type group | |
| 2025-06-02 | RESOLUTIONS | resolution | Resolution | |
| 2025-05-27 | TM01 | officers | Termination director company with name termination date | |
| 2025-05-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-03-03 | AD02 | address | Change sail address company with old address new address | |
| 2025-02-06 | SH01 | capital | Capital allotment shares | |
| 2024-07-09 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-07-09 | CH01 | officers | Change person director company with change date | |
| 2024-07-09 | CH01 | officers | Change person director company with change date | |
| 2024-07-09 | CH01 | officers | Change person director company with change date | |
| 2024-07-09 | CH01 | officers | Change person director company with change date | |
| 2024-07-09 | CH01 | officers | Change person director company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- Capital events
- 1
- 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.