ENQUEST PLC
Listed on the London Stock Exchange, EnQuest is an independent petroleum exploration and production company focused on managing mature late-life assets and decommissioning projects in the United Kingdom Continental Shelf.
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Cash
£200M
USD 265,886,000
+17.5% vs 2024
Net assets
£397M
USD 528,059,000
-2.7% lowest in 3 filed years
Employees
336
+1.8% vs 2024
Profit before tax
£371M
USD 493,427,000
+196.1% highest 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 | £1,118,107,946 | £887,550,928 | £840,637,450 | -5.3% | |
| Operating profit | £451,440,277 | £247,239,720 | £408,042,547 | +65% | |
| Profit before tax | £174,230,625 | £125,245,433 | £370,914,080 | +196.1% | |
| Net profit | -£23,177,479 | £70,490,115 | £1,174,171 | -98.3% | |
| Cash | £235,306,322 | £170,124,784 | £199,869,202 | +17.5% | |
| Total assets less current liabilities | £2,309,031,797 | £2,310,130,046 | £2,175,054,499 | -5.8% | |
| Net assets | £651,788,318 | £407,777,193 | £396,947,305 | -2.7% | |
| Equity | £651,788,318 | £407,777,193 | £396,947,305 | -2.7% | |
| Average employees | 730 | 330 | 336 | +1.8% | |
| Wages | £47,700,519 | £50,139,066 | £46,821,018 | -6.6% | |
| Directors' remuneration | £1,028,339 | £1,121,552 | — | — |
Figures converted to GBP from USD at 0.752 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 | 40.4% | 27.9% | 48.5% | |
| Net margin | -2.1% | 7.9% | 0.1% | |
| Return on capital employed | 19.6% | 10.7% | 18.8% | |
| Gearing (liabilities / total assets) | 77.0% | 85.0% | 85.1% | |
| Current ratio | 1.07x | 0.93x | 0.83x | |
| Interest cover | 3.49x | 2.14x | 3.22x |
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
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“We have not identified any material uncertainties that may cast significant doubt on the Group's ability to continue as a going concern.”
Group structure
- ENQUEST PLC · parent
- EnQuest Britain Limited 100%
- EnQuest Heather Limited 100%
- EnQuest ENS Limited 100%
- EnQuest Heather Leasing Limited 100%
- EnQuest Petroleum Sabah Limited 100%
- EnQuest Energy Limited 100%
- EnQuest Production Limited 100%
- EnQuest International Limited 100%
- EnQuest Petroleum Production Malaysia Limited 100%
- NSIIP (GKA) Limited 100%
- EnQuest Global Services Limited 100%
- EnQuest Marketing and Trading Limited 100%
- EnQuest Petroleum Investments Malaysia SDN. BHD 100%
- EnQuest Advance Holdings Limited 100%
- EnQuest NDWO Limited 100%
- EnQuest Progress Limited 100%
- North Sea (Golden Eagle) Resources Ltd 100%
- Veri Energy (CCS) Limited 100%
- Veri Energy (Hydrogen) Limited 100%
- Veri Energy Holdings Limited 100%
- Veri Energy Limited 100%
- Premier Oil (Vietnam) Limited 100%
- Premier Oil Vietnam Offshore BV 100%
- EnQuest EP Gaea II Limited 100%
- EnQuest EP Gaea III Limited 100%
- EnQuest EP BV Limited 100%
Significant events
- “The transaction relating to the Seligi acquisition had an effective date of 1 January 2024, with a headline value of $60.0 million.”
- “Jonathan Copus was appointed as CFO on 1 February 2024 and formally appointed as an Executive Director at the AGM in May 2024.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
8 active · 27 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CHRIST, Kathryn Anna | Secretary | 2024-06-01 | — | — |
| BORRELL, Michael Simon | Director | 2023-09-05 | Sep 1962 | British |
| BSEISU, Amjad Adnan | Director | 2010-02-22 | Aug 1963 | British,Bahraini |
| COPUS, Jonathan Michael, Dr | Director | 2024-05-30 | May 1972 | British |
| DARYABEGUI, Marianne | Director | 2024-05-30 | Oct 1964 | French |
| KAINYAH, Rosalind Nana Emela | Director | 2024-05-30 | Jan 1958 | British |
| KHAN, Farina Farikhullah | Director | 2020-11-01 | Mar 1972 | Malaysian |
| PENNY, Gareth Peter Herbert | Director | 2022-12-06 | Dec 1962 | British |
Show 27 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CHRIST, Kathryn | Secretary | 2022-06-15 | 2022-09-02 |
| MASSIE, Paul Euan | Secretary | 2022-09-02 | 2023-01-04 |
| MILNE, Richard | Secretary | 2010-01-29 | 2010-02-22 |
| RICKETTS, Stefan John | Secretary | 2013-10-17 | 2022-06-15 |
| SAWYER, Christopher John | Secretary | 2023-01-04 | 2024-06-01 |
| WATERS, Paul | Secretary | 2010-02-22 | 2013-10-17 |
| BUCKEE, James William, Dr | Director | 2010-02-22 | 2016-09-08 |
| FITCH, Laurie Lee | Director | 2018-01-08 | 2021-01-08 |
| HARES, Thomas Nigel Dawson | Director | 2010-02-22 | 2012-11-09 |
| HOLLAND, Philip Malcolm | Director | 2015-08-01 | 2022-06-17 |
| HOUSTON, Martin Joseph | Director | 2019-10-01 | 2022-12-06 |
| HUGHES, Carl David | Director | 2017-01-01 | 2023-06-05 |
| KOYA, Madhavi Rani | Director | 2022-01-01 | 2024-05-30 |
| LANGANGER, Helmut | Director | 2010-03-16 | 2020-03-31 |
| LENNOX, John Fyfe | Director | 2010-02-22 | 2019-09-30 |
| LITVACK, Karina Audrey | Director | 2023-09-15 | 2023-12-18 |
| MALIK, Salman | Director | 2022-08-15 | 2024-05-30 |
| MCCULLOCH, Neil James | Director | 2017-05-25 | 2017-12-10 |
| MILNE, Richard Gordon | Director | 2010-01-29 | 2010-02-22 |
| NOLAN, Philip Michael Gerard, Dr. | Director | 2012-08-01 | 2017-07-04 |
| PAVER, Howard | Director | 2019-05-01 | 2023-06-05 |
| PINCHBECK, Robin Hunter | Director | 2010-02-22 | 2011-05-25 |
| SCHNEITER, Alexandre | Director | 2010-02-22 | 2012-05-30 |
| SPOTTISWOODE, Clare Mary Joan | Director | 2011-07-06 | 2016-06-01 |
| STUBHOLT, Liv Monica | Director | 2021-02-15 | 2024-05-30 |
| SWINNEY, Jonathan Anthony Robert | Director | 2010-01-29 | 2022-08-15 |
| WINTERMAN, John Martin | Director | 2017-09-07 | 2023-06-05 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 337 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-06-08 RESOLUTIONS Resolution
- 2025-06-04 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-08 | RESOLUTIONS | resolution | Resolution | |
| 2026-06-04 | AA | accounts | Accounts with accounts type group | |
| 2026-04-15 | CH01 | officers | Change person director company with change date | |
| 2025-12-19 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-12-19 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-12-18 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-12-16 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-12-16 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-12-16 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-12-16 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-12-01 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-11-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-11-03 | SH04 | capital | Capital sale or transfer treasury shares with date currency capital figure | |
| 2025-08-06 | CH01 | officers | Change person director company with change date | |
| 2025-06-04 | AA | accounts | Accounts with accounts type group | |
| 2025-06-04 | RESOLUTIONS | resolution | Resolution | |
| 2025-02-04 | SH03 | capital | Capital return purchase own shares | |
| 2025-02-04 | SH03 | capital | Capital return purchase own shares | |
| 2025-01-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-28 | SH03 | capital | Capital return purchase own shares |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 14
- Capital events
- 4
- Officers appointed
- 0
- Officers resigned
- 0
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.