BG CYPRUS LIMITED
Get an alert when BG CYPRUS LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
—
Latest balance sheet
Net assets
£160m
USD 216,096,000
-8.1% vs 2024
Employees
0
Average over period
Profit before tax
-£21m
USD -28,082,000
-182.5% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
As disclosed in Note1, the financial statements have been prepared on a going concern basis. However, as the future intentions of the expected new owner are not known, the Directors considered there to be a material uncertainty in respect of going concern.
-
Going-concern uncertainty disclosed
Net assets
2-year trend · vs Energy median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | — | — | — | |
| Operating profit | -£7,926,616 | -£21,198,516 | -167.4% | |
| Profit before tax | -£7,377,428 | -£20,840,074 | -182.5% | |
| Net profit | -£7,496,816 | -£20,966,976 | -179.7% | |
| Cash | — | — | — | |
| Total assets less current liabilities | £174,585,323 | £160,368,089 | -8.1% | |
| Net assets | £174,585,323 | £160,368,089 | -8.1% | |
| Equity | £174,585,323 | £160,368,089 | -8.1% | |
| Average employees | 0 | 0 | — | |
| Wages | — | — | — | |
| 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 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|
| Return on capital employed | -4.5% | -13.2% | |
| Gearing (liabilities / total assets) | 1.3% | 1.7% | |
| Current ratio | 2.50x | 1.33x |
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
- BG CYPRUS LIMITED 2015-11-16 → present
- BG BRAZIL FINANCE LIMITED 2009-02-03 → 2015-11-16
- ALNERY NO. 2839 LIMITED 2009-01-08 → 2009-02-03
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“As disclosed in Note1, the financial statements have been prepared on a going concern basis. However, as the future intentions of the expected new owner are not known, the Directors considered there to be a material uncertainty in respect of going concern.”
Significant events
- “On 17 February 2026 the 18,397,500 shares of £1 each were issued to BG Energy Holdings Limited, its immediate parent undertaking for an aggregate nominal value of £1 for an aggregate consideration of $25,000,000. The new shares allotted was filed on Companies House on 24 April 2026.”
- “On 29th July 2026, BG Energy Holdings Limited (BGEH), which is the direct 100% owner of BG Cyprus Limited, signed a Sales and Purchase Agreement (SPA) to sell BG Cyprus Limited to MOL Group, with completion expected in early 2027.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 30 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SHELL CORPORATE SECRETARY LIMITED | Corporate Secretary | 2026-05-22 | — | — |
| AFIFI, Ahmed | Director | 2022-06-29 | Oct 1985 | Egyptian |
| BURDGE, Huw Edward James | Director | 2024-03-22 | Jun 1987 | British |
| LARGE, Samantha Corinne | Director | 2025-01-09 | Apr 1983 | British |
Show 30 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BARRY, Chloe Silvana | Secretary | 2015-11-13 | 2016-05-17 |
| DUNN, Rebecca Louise | Secretary | 2015-11-13 | 2016-05-17 |
| DUNN, Rebecca Louise | Secretary | 2011-09-20 | 2012-07-27 |
| ENNETT, Cayley Louise | Secretary | 2015-11-13 | 2016-05-17 |
| HANUSKOVA, Daniela | Secretary | 2012-07-27 | 2013-08-22 |
| INMAN, Carol Susan | Secretary | 2009-02-03 | 2012-07-27 |
| MCCULLOCH, Alan William | Secretary | 2009-02-03 | 2012-04-27 |
| MIRANDA, Janette Buckley | Secretary | 2013-08-22 | 2015-11-13 |
| ALNERY INCORPORATIONS NO.1 LIMITED | Corporate Secretary | 2009-01-08 | 2009-02-03 |
| PECTEN SECRETARIES LIMITED | Corporate Secretary | 2022-11-01 | 2026-05-29 |
| SHELL CORPORATE SECRETARY LIMITED | Corporate Secretary | 2016-05-17 | 2022-11-01 |
| ASHWORTH, Michael John | Director | 2016-05-17 | 2024-06-30 |
| BISHOP, Simon Anthony Robert | Director | 2009-02-03 | 2012-12-20 |
| HALL, Graham | Director | 2015-11-13 | 2016-11-03 |
| HALL, Graham | Director | 2009-02-03 | 2014-03-05 |
| JAMIESON, Michael Alan | Director | 2015-03-02 | 2015-11-13 |
| KAMEL, Nermine Elsayed Mohamed Ahmed | Director | 2019-09-09 | 2022-06-29 |
| LENK, Karl Eugene | Director | 2019-07-04 | 2024-03-22 |
| MARTIN-DAVIS, Andrew | Director | 2015-11-13 | 2016-05-31 |
| MORRIS, Craig Alexander James | Director | 2009-01-08 | 2009-02-03 |
| NERNEY, James Gerard | Director | 2015-02-02 | 2015-11-13 |
| O'DRISCOLL, John Patrick | Director | 2009-02-03 | 2011-12-19 |
| SEATON, James Gareth | Director | 2015-11-13 | 2016-10-31 |
| SMITH, James Edward | Director | 2014-03-07 | 2015-11-13 |
| UNGER, Stephen Robert | Director | 2014-03-07 | 2015-11-13 |
| VIDLER, Paul Stephen | Director | 2009-02-03 | 2015-11-13 |
| ZINNER, Pedro | Director | 2012-02-13 | 2014-02-28 |
| ALNERY INCORPORATIONS NO.1 LIMITED | Corporate Director | 2009-01-08 | 2009-02-03 |
| ALNERY INCORPORATIONS NO.2 LIMITED | Corporate Director | 2009-01-08 | 2009-02-03 |
| SHELL CORPORATE DIRECTOR LIMITED | Corporate Director | 2016-05-17 | 2019-10-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Bg Energy Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 135 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-29 | AA | accounts | Accounts with accounts type full | |
| 2026-06-05 | AP04 | officers | Appoint corporate secretary company with name date | |
| 2026-06-03 | TM02 | officers | Termination secretary company with name termination date | |
| 2026-04-29 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-04-24 | SH01 | capital | Capital allotment shares | |
| 2025-09-15 | AA | accounts | Accounts with accounts type full | |
| 2025-06-04 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date | |
| 2025-06-03 | SH01 | capital | Capital allotment shares | |
| 2025-04-23 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-01-14 | AP01 | officers | Appoint person director company with name date | |
| 2024-11-01 | AA | accounts | Accounts with accounts type full | |
| 2024-09-16 | SH01 | capital | Capital allotment shares | |
| 2024-07-12 | TM01 | officers | Termination director company with name termination date | |
| 2024-04-26 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-04-04 | AP01 | officers | Appoint person director company with name date | |
| 2024-04-03 | TM01 | officers | Termination director company with name termination date | |
| 2023-08-10 | AA | accounts | Accounts with accounts type full | |
| 2023-04-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-11-28 | AP04 | officers | Appoint corporate secretary company with name date | |
| 2022-11-18 | TM02 | officers | Termination secretary company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- 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.