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Next accounts due

2026-06-30 (in 1mo)

Last filed for 2024-09-30

Confirmation statement due

2027-05-04 (in 1y)

Last made up 2026-04-20

Watchouts

None on the register

Cash

£41M

Latest balance sheet

Net assets

£106M

highest in 5 filed years

Employees

86

Average over period

Profit before tax

£38M

Period ending 2024-09-30

Accounts

5-year trend · latest reflected 2024-09-30

Metric Trend 2019-11-302020-11-302021-11-302023-09-302024-09-30
Turnover £58,843,737£66,188,708
Operating profit £43,658,108£36,136,486
Profit before tax £45,797,801£38,043,205
Net profit £39,736,988£32,263,032
Cash £48,712,570£40,920,591
Total assets less current liabilities £85,635,119£106,877,529
Net assets £2£2£2£84,444,570£105,710,197
Equity £2£2£2£84,444,570£105,710,197
Average employees 8586
Wages £4,343,779£8,289,562
Directors' remuneration £697,671£1,283,019

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

Year-on-year

FY2023 → FY2024 · period ending 2024-09-30 vs 2023-09-30

Year-on-year comparison hidden: this filing covers about 12 months versus 10 months prior.

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2019-11-302020-11-302021-11-302023-09-302024-09-30
Operating margin 74.2%54.6%
Net margin 67.5%48.7%
Return on capital employed 51.0%33.8%
Current ratio 7.48x5.43x
Interest cover 1246085.72x

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
FRS 102
Reporting scope
Consolidated group
Auditor
Ernst and Young LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The results for the year show a profit before tax of £38.0m. With positive net current assets of £62.4m as at 30 September 2024, the group has adequate resources to continue in operational existence for the foreseeable future that is the period to 31 January 2026 (the going concern period). Profit and loss account and cash flow projections indicate the group will maintain current strong profits in the period to 31 January 2026 and the forecast cash flows project strong liquidity for the full going concern period. These projections were subjected to stress tests, but resulted in assurance that there are no concerns for the future of the group due to the strong balance sheet position at 30 September 2024 and availability of cash flows for the full going concern period to 31 January 2026.”

Group structure

  1. PE LIMITED · parent
    1. Petroleum Experts Inc 100% · United States · Marketing, sale of software and related services
    2. Petroleum Experts Limited 100% · Scotland, United Kingdom · Development, marketing, sale of software and related services. From 1 October 2023, the company supports its parent company, PE Limited, the main trading company in the group.

Significant events

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

People

7 active · 4 resigned

Name Role Appointed Born Nationality
GRIMSHAW, Gregory John Director 2024-10-16 Aug 1969 British
GUEDROUDJ, Abdelhamid Director 2023-01-27 Aug 1954 British
GUEDROUDJ, Redha Director 2024-10-16 Jan 1988 British
HADJIPIERIS, Pieris Director 2023-01-27 Nov 1976 British
HOPKINSON, David Andrew Director 2023-01-27 Aug 1970 British
HUTCHESON, Kenneth Andrew, Dr Director 2023-01-27 Aug 1965 British
MARSHALL, Lynn Director 2023-01-27 Jun 1964 British
Show 4 resigned officers
Name Role Appointed Resigned
CLARK, Virginia Olive Secretary 2007-11-16 2023-01-27
CLARK, Sebastian Douglas Leonard Director 2007-11-16 2023-01-27
SEIJO, Matias Director 2023-01-27 2025-02-03
WOODROW, James Anderson Cowal Director 2023-01-27 2024-02-23

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Petex Management Company Limited Corporate entity Shares 75–100% 2023-01-27 Ceased 2023-01-27
Abdelhamid Guedroudj Individual ownership-of-shares-75-to-100-percent-as-trust, voting-rights-75-to-100-percent-as-trust, right-to-appoint-and-remove-directors-as-trust 2023-01-27 Active
Mr Sebastian Douglas Leonard Clark Individual Shares 25–50% 2016-11-14 Ceased 2023-01-27
Mrs Virginia Olive Clark Individual Shares 25–50% 2016-11-14 Ceased 2023-01-27

Filing timeline

Last 20 of 104 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2025-08-27 RP04SH01 Legacy PDF
Date Type Category Description
2026-04-27 CS01 confirmation-statement Confirmation statement with no updates PDF
2026-04-22 CH01 officers Change person director company with change date PDF
2026-04-22 CH01 officers Change person director company with change date PDF
2026-04-22 CH01 officers Change person director company with change date PDF
2025-09-10 ANNOTATION miscellaneous Legacy
2025-08-29 RP04CS01 confirmation-statement Second filing of confirmation statement with made up date PDF
2025-08-29 RP04CS01 confirmation-statement Second filing of confirmation statement with made up date PDF
2025-08-27 RP04CS01 confirmation-statement Second filing of confirmation statement with made up date PDF
2025-08-27 RP04SH01 change-of-name Legacy PDF
2025-08-18 RP04AR01 annual-return Second filing of annual return with made up date
2025-08-18 RP04AR01 annual-return Second filing of annual return with made up date
2025-08-18 RP04AR01 annual-return Second filing of annual return with made up date
2025-08-18 RP04AR01 annual-return Second filing of annual return with made up date
2025-08-18 RP04AR01 annual-return Second filing of annual return with made up date
2025-08-18 RP04AR01 annual-return Second filing of annual return with made up date
2025-08-15 PSC04 persons-with-significant-control Change to a person with significant control PDF
2025-07-25 RP04AR01 annual-return Second filing of annual return with made up date
2025-07-22 RP04PSC01 persons-with-significant-control Second filing notification of a person with significant control
2025-06-17 RP04AP01 officers Second filing of director appointment with name PDF
2025-05-29 CH01 officers Change person director company with change date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
20

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.

Official Companies House page