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Cash

£2.5M

-51.4% vs 2023

Net assets

£22M

-0.1% vs 2023

Employees

5

+25% vs 2023

Profit before tax

£406K

-70.2% vs 2023

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Accounts

2-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31

Metric Trend 2023-12-312024-12-31 Δ vs prior
Turnover £5,065,679£3,929,722 -22.4%
Operating profit £1,184,509£79,864 -93.3%
Profit before tax £1,361,323£406,218 -70.2%
Net profit £859,089£649,213 -24.4%
Cash £5,198,303£2,527,831 -51.4%
Total assets less current liabilities £23,787,083£23,623,211 -0.7%
Net assets £21,896,746£21,870,751 -0.1%
Equity £21,896,746£21,870,751 -0.1%
Average employees 45 +25%
Wages £680,833£587,500 -13.7%
Directors' remuneration £680,833£587,500 -13.7%

Values shown as filed in the company's annual accounts. 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 2023-12-312024-12-31
Operating margin 23.4%2.0%
Net margin 17.0%16.5%
Return on capital employed 5.0%0.3%
Gearing (liabilities / total assets) 9.4%8.3%
Current ratio 17.32x15.23x

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.

Name history

Renamed 1 time since incorporation

  1. UNION JACK OIL PLC 2012-08-23 → present
  2. UNION JACK OIL LIMITED 2011-01-18 → 2012-08-23

Audit & accounting basis

Accounting basis
IFRS
Reporting scope
Standalone (parent only)
Auditor
Crowe U.K. LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the Financial Statements.”

Group structure

  1. UNION JACK OIL PLC · parent
    1. Hydrocarbon Ventures Limited · dormant

Significant events

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

People

6 active · 6 resigned

Name Role Appointed Born Nationality
SMALL, Matthew George Secretary 2017-12-19
AMERICANOS, John Alec Director 2026-01-12 Nov 1963 British
BRAMHILL, David Roger Director 2011-01-18 Jan 1951 British
BULL, Graham Director 2014-09-15 Jan 1946 British
O'FARRELL, Joseph Bernard Director 2012-06-27 Jul 1951 Irish
PHILLIPS, Donald Zac, Dr Director 2026-01-12 Jul 1972 British
Show 6 resigned officers
Name Role Appointed Resigned
MARSHALL, Brian Arthur Secretary 2011-01-18 2017-12-19
DURHAM, Martin John Director 2012-09-14 2014-09-15
GODSON, Raymond George Director 2013-07-30 2024-06-27
HOWIE, Craig Robert Director 2024-04-22 2026-01-12
LANG, Frazer Director 2018-12-04 2019-06-10
O'DEA, William Gerard Director 2012-09-14 2013-07-30

Ownership

Persons with significant control

No persons with significant control on record.

Filing timeline

Last 20 of 121 total filings

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

  • 2025-07-08 RESOLUTIONS Resolution
  • 2024-07-04 RESOLUTIONS Resolution
  • 2023-07-10 RESOLUTIONS Resolution
Date Type Category Description
2026-01-20 CS01 confirmation-statement Confirmation statement with no updates PDF
2026-01-13 AP01 officers Appoint person director company with name date PDF
2026-01-12 AP01 officers Appoint person director company with name date PDF
2026-01-12 TM01 officers Termination director company with name termination date PDF
2025-08-01 SH01 capital Capital allotment shares PDF
2025-07-08 RESOLUTIONS resolution Resolution
2025-06-10 AA accounts Accounts with accounts type full
2025-01-21 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-07-04 RESOLUTIONS resolution Resolution
2024-06-27 TM01 officers Termination director company with name termination date PDF
2024-06-18 AA accounts Accounts with accounts type full
2024-04-22 AP01 officers Appoint person director company with name date PDF
2024-01-18 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-10-30 AUD auditors Auditors resignation company
2023-07-10 RESOLUTIONS resolution Resolution
2023-07-10 SH03 capital Capital return purchase own shares treasury capital date
2023-07-05 SH03 capital Capital return purchase own shares treasury capital date
2023-06-07 AA accounts Accounts with accounts type full
2023-06-05 SH03 capital Capital return purchase own shares treasury capital date
2023-05-24 SH03 capital Capital return purchase own shares treasury capital date

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