BAKER HUGHES UK TREASURY SERVICES LIMITED
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Cash
£8.4m
+1,178.3% vs 2024
Net assets
£65m
+30.5% highest in 3 filed years
Employees
—
Average over period
Profit before tax
£22m
-21.3% lowest in 3 filed years
Net assets
3-year trend · vs Financials 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 | — | — | — | — | |
| Operating profit | -£665,516 | -£857,000 | -£4,055,000 | -373.2% | |
| Profit before tax | £47,601,632 | £27,399,000 | £21,561,000 | -21.3% | |
| Net profit | £36,205,462 | £3,525,000 | £15,160,000 | +330.1% | |
| Cash | £11,633,182 | £660,000 | £8,437,000 | +1,178.3% | |
| Total assets less current liabilities | — | — | — | — | |
| Net assets | £36,205,462 | £49,658,000 | £64,818,000 | +30.5% | |
| Equity | £36,205,462 | £49,658,000 | £64,818,000 | +30.5% | |
| Average employees | — | — | — | — | |
| Wages | — | — | — | — | |
| Directors' remuneration | — | — | — | — | |
| Highest paid director | — | £2,300 | £2,000 | -13% |
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 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Gearing (liabilities / total assets) | 99.4% | — | — | |
| Current ratio | 1.01x | 1.01x | 1.01x | |
| Interest cover | -0.00x | -0.00x | -0.01x |
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
- BAKER HUGHES UK TREASURY SERVICES LIMITED 2022-08-01 → present
- BAKER HUGHES UK TREASURY SERVICES 2022-08-01 → 2022-08-01
- BAKER HUGHES CASPIAN OPERATIONS 2011-12-14 → 2022-08-01
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- KPMG LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on a going concern basis which the Directors consider to be appropriate for the following reasons. The Company's forecast indicates that it will remain cash generative over the going concern forecast period and will be able to meet its financial obligations as they fall due without requiring new financing.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 12 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DUNLOP, Lorraine Amanda | Secretary | 2016-08-11 | — | — |
| ABHISEK, Moda | Director | 2024-07-12 | Nov 1989 | Indian |
| BROWN, Alisha | Director | 2024-07-12 | Aug 1974 | American |
| FIRMANI, David Vincent | Director | 2024-07-12 | May 1971 | Italian |
| HORTON, Daniel Joaquin | Director | 2024-07-12 | May 1980 | American |
Show 12 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| KLASSEN, Jenni Therese | Secretary | 2014-07-01 | 2016-08-11 |
| STOKES, Paul Byran | Secretary | 2011-12-14 | 2014-07-01 |
| ASQUITH, Christopher | Director | 2011-12-14 | 2016-04-26 |
| KONRAD, Jonathan Paul | Director | 2022-08-03 | 2022-09-13 |
| MAKRAM-EBEID, Alexandre | Director | 2019-03-26 | 2022-08-03 |
| MAYS, Elaine Doris | Director | 2011-12-14 | 2012-07-17 |
| MCLEISH, Blair Alexander | Director | 2018-06-12 | 2024-07-12 |
| ONABOLU, Oluwole | Director | 2017-02-10 | 2019-03-26 |
| ONABOLU, Oluwole | Director | 2012-07-17 | 2014-04-11 |
| RASMUSON, Michael Allan, Mr. | Director | 2014-04-11 | 2018-06-12 |
| UPTON, John Dominic | Director | 2016-04-26 | 2017-02-10 |
| WADHWA, Varun | Director | 2022-08-03 | 2024-07-12 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Baker Hughes Company | Corporate entity | Shares 75–100% | 2022-08-03 | Active |
| Bj Services Company Middle East Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Ceased 2022-08-03 |
Filing timeline
Last 20 of 72 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-11 | AA | accounts | Accounts with accounts type full | |
| 2025-12-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-12-15 | RP01AP01 | officers | Replacement filing of director appointment with name | |
| 2025-11-20 | AA | accounts | Accounts with accounts type full | |
| 2024-12-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-22 | CH01 | officers | Change person director company with change date | |
| 2024-10-13 | AA | accounts | Accounts with accounts type full | |
| 2024-07-16 | CH01 | officers | Change person director company with change date | |
| 2024-07-16 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-16 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-16 | TM01 | officers | Termination director company with name termination date | |
| 2024-07-16 | TM01 | officers | Termination director company with name termination date | |
| 2024-07-16 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-16 | AP01 | officers | Appoint person director company with name date | |
| 2023-12-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-19 | AA | accounts | Accounts with accounts type total exemption full | |
| 2022-12-22 | AA | accounts | Accounts with accounts type total exemption full | |
| 2022-12-13 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-09-14 | TM01 | officers | Termination director company with name termination date | |
| 2022-08-10 | PSC02 | persons-with-significant-control | Notification of a person with significant control |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- 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.