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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-05-28 (this month)

Last made up 2025-05-14

Watchouts

None on the register

Cash

£1M

USD 1,447,220

+19.5% vs 2023

Net assets

£334K

USD 447,067

-94% vs 2023

Employees

0

Average over period

Profit before tax

£120M

USD 160,497,855

+883.9% vs 2023

Accounts

2-year trend · latest reflected 2024-12-31

Metric Trend 2023-12-312024-12-31
Turnover
Operating profit £25,838,466£118,254,873
Profit before tax £12,193,786£119,980,455
Net profit £13,001,605£119,980,455
Cash £905,311£1,081,872
Total assets less current liabilities £31,526,162£33,261,247
Net assets £5,568,672£334,206
Equity £5,568,672£334,206
Average employees 00
Wages £0£0
Directors' remuneration £0£0

Figures converted to GBP from USD at 0.748 per USD (Frankfurter spot rate) — hover any figure for the original. indicates the figure wasn't present under that line item in that period. About these numbers

Year-on-year

FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Ratios

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

Ratio Trend 2023-12-312024-12-31
Return on capital employed 82.0%355.5%
Gearing (liabilities / total assets) 97.6%99.0%
Current ratio 1.16x37.75x
Interest cover 1.89x90.91x

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 101
Reporting scope
Standalone (parent only)
Auditor
PricewaterhouseCoopers LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The ability of the Company to continue as a going concern is dependent on the ability of the Company to fund its decommissioning obligation and meet its day to day working capital requirements through its banking facilities. The Company's forecast and projections, taking account of reasonably possible changes, show that the Company should be able to operate within the level of its current banking facilities. Based on the above, and after making inquiries, the directors have a reasonable expectation that the Company will have adequate resources to continue its operational existence for at least 12 months from the date of approval of the financial statements. The Company therefore continues to adopt the going concern basis in preparing its financial statements.”

Group structure

  1. KUFPEC UK LIMITED · parent
    1. KUFPEC AMERICA INC 100% · USA · Oil & gas exploration

Significant events

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

People

4 active · 19 resigned

Name Role Appointed Born Nationality
TMF GLOBAL SERVICES (UK) LIMITED Corporate Secretary 2016-06-12
AL MARAGHI, Eisa Abdulrahman Eisa Ali Director 2025-05-08 Mar 1972 Kuwaiti
AL-OSSAIMI, Abdullah Fahad Abdullah Ahmed Director 2025-09-18 Mar 1973 Kuwaiti
EBRAHIM, Tareq Mahmoud Ahmad Hajiah Director 2023-11-12 Nov 1971 Kuwaiti
Show 19 resigned officers
Name Role Appointed Resigned
AL-SAMDAN, Abdulhamid Secretary 2010-05-14 2016-05-22
AL BEN ALI, Waleed Ali Rahman Rashid Director 2022-04-24 2023-02-20
AL MARRI, Mohammad Salem Saleh Mohammad Al Haimer Director 2023-02-20 2025-04-29
AL QAOUD, Khaled Abdullah Hassan Abdullah Director 2010-05-14 2013-08-25
AL SHAMMARI, Ali Director 2010-05-14 2013-05-26
AL-ADSANI, Nizar Mohammad Director 2011-06-09 2013-05-26
AL-AJMI, Fahed Salem Abdullah Aladwa Director 2010-05-14 2011-06-09
AL-AMER, Ghada Director 2016-06-12 2017-11-19
AL-EIDAN, Ahmad Director 2018-10-23 2019-04-30
AL-FULAIJ, Abdulnaser Yousef Abdulaziz Director 2010-05-14 2016-05-22
AL-GHANIM, Mohammad Director 2013-09-03 2016-05-22
AL-KANDARI, Ayyad Director 2016-10-25 2018-10-23
AL-QAOUD, Khaled Abdullah Hassan Abdullah Director 2017-11-19 2019-04-30
AL-SABAH, Nawaf Saud Nasir Director 2013-05-26 2022-04-24
AL-SHAHEEN, Saeed Mohammad Abdullah Ibrahim Director 2019-04-30 2023-10-05
ALAFFASI, Abdullah Mohammad Hazzaa Mushari Director 2023-11-12 2024-09-03
ALGHUNAIM, Shaima Marzouq Yousef Ghunaim Director 2024-09-03 2025-09-18
ALI, Husneya Director 2013-09-03 2016-10-25
MALEK, Abdullah Director 2019-09-25 2019-12-25

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Kuwait Foreign Petroleum Exploration Co. K.S.C.C Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2023-10-11 Active
Kuwait Petroleum Company Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2016-04-06 Ceased 2023-10-11

Filing timeline

Last 20 of 98 total filings

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

  • 2025-02-18 RESOLUTIONS Resolution
  • 2024-04-02 RESOLUTIONS Resolution
Date Type Category Description
2026-03-23 AA accounts Accounts with accounts type full
2025-10-09 AP01 officers Appoint person director company with name date PDF
2025-10-02 TM01 officers Termination director company with name termination date PDF
2025-05-30 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-05-30 AP01 officers Appoint person director company with name date PDF
2025-05-29 TM01 officers Termination director company with name termination date PDF
2025-02-18 SH20 capital Legacy
2025-02-18 CAP-SS insolvency Legacy
2025-02-18 RESOLUTIONS resolution Resolution
2024-09-12 AP01 officers Appoint person director company with name date PDF
2024-09-10 TM01 officers Termination director company with name termination date PDF
2024-08-12 AA accounts Accounts with accounts type full
2024-06-04 CS01 confirmation-statement Confirmation statement with updates PDF
2024-04-18 CH04 officers Change corporate secretary company with change date PDF
2024-04-02 SH19 capital Capital statement capital company with date currency figure
2024-04-02 SH20 capital Legacy
2024-04-02 CAP-SS insolvency Legacy
2024-04-02 RESOLUTIONS resolution Resolution
2023-11-20 AP01 officers Appoint person director company with name date PDF
2023-11-20 AP01 officers Appoint person director company with name date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
6

last 12 months

Capital events
1

last 24 months

Officers appointed
2

last 12 months

Officers resigned
1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page