HESS MALAYSIA AND THAILAND LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-09-21 (in 4mo)
Last made up 2025-09-07
Watchouts
None on the register
Cash
£138K
USD 184,000
-91.6% vs 2023
Net assets
£470M
USD 628,518,000
-32.9% vs 2023
Employees
0
Average over period
Profit before tax
-£5M
USD -6,578,000
-103.3% vs 2023
Net assets
2-year trend · vs Energy median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | — | — | |
| Operating profit | £151,902,519 | £48,591 | |
| Profit before tax | £147,655,678 | -£4,917,396 | |
| Net profit | £147,655,678 | -£4,917,396 | |
| Cash | £1,634,148 | £137,550 | |
| Total assets less current liabilities | £700,577,110 | £469,849,742 | |
| Net assets | £700,577,110 | £469,849,742 | |
| Equity | £700,577,110 | £469,849,742 | |
| Average employees | 0 | 0 | |
| Wages | — | — | |
| Directors' remuneration | — | — |
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
-
Turnover
—
Not reported
-
Cash
-91.6%
£1,634,148 £137,550
-
Net assets
-32.9%
£700,577,110 £469,849,742
-
Employees
—
Not reported
-
Operating profit
-100%
£151,902,519 £48,591
-
Profit before tax
-103.3%
£147,655,678 -£4,917,396
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Return on capital employed | 21.7% | 0.0% | |
| Current ratio | 0.22x | 0.00x | |
| Interest cover | 35.77x | 0.01x |
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 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Company has net current liabilities and is dependent upon the financial support of its ultimate parent undertaking, Chevron Corporation. Chevron Corporation confirms to the Company that they will, during the period of twelve consecutive months following the signing of the Company's fiscal year 2024 audited financial statements, provide (or cause to be provided) financial support to the Company in an aggregate amount up to US$266 million as and to the extent needed by the Company to meet its financial liabilities as they become due during such period.”
Group structure
- HESS MALAYSIA AND THAILAND LIMITED · parent
- Hess Exploration and Production Malaysia B.V. 100%
- Hess GEA Holdings Limited 100%
- Hess (Netherlands) Holding B.V. 100%
- Hess Equatorial Guinea Investments Limited 30%
- Hess (GEA) Limited 50%
Significant events
- “In October 2023, Hess Corporation entered into an Agreement and Plan of Merger (the Merger Agreement) with Chevron Corporation (Chevron) and Yankee Merger Sub Inc. (Merger Subsidiary), a direct, wholly-owned subsidiary of Chevron. The merger was completed in July 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 8 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| COLA TRIMARCO, Cecilia | Secretary | 2026-01-01 | — | — |
| CHADWICK, Michael James, Mr. | Director | 2015-03-27 | Sep 1972 | British |
| GRINFELD, Mark, Mr. | Director | 2018-05-18 | Apr 1978 | American |
Show 8 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| COLE, Ian David | Secretary | 2012-09-07 | 2013-10-31 |
| BLAIR, Peter Alexander, Mr. | Director | 2016-05-27 | 2018-05-18 |
| CAREY, Brendan John, Mr. | Director | 2012-09-07 | 2016-05-27 |
| CHADWICK, Michael James, Mr. | Director | 2015-03-27 | 2016-05-27 |
| COLE, Ian David, Mr. | Director | 2012-09-07 | 2013-10-31 |
| GIBBONS, Alan Stuart, Mr. | Director | 2012-09-07 | 2015-03-30 |
| KAKOK, Sauu Anak | Director | 2013-10-31 | 2016-12-31 |
| ZHAO, Zhiyong, Mr. | Director | 2017-01-01 | 2025-11-11 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Hess Corporation | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors, Significant influence | 2016-04-06 | Active |
Filing timeline
Last 20 of 52 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-10-14 RESOLUTIONS Resolution
- 2022-05-18 RESOLUTIONS Resolution
- 2021-01-21 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-10 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-12-30 | AA | accounts | Accounts with accounts type full | |
| 2025-11-13 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-14 | RESOLUTIONS | resolution | Resolution | |
| 2025-10-07 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-09-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-01 | AA | accounts | Accounts with accounts type full | |
| 2024-09-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-28 | AA | accounts | Accounts with accounts type full | |
| 2022-10-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-08-25 | AA | accounts | Accounts with accounts type full | |
| 2022-05-18 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2022-05-18 | SH20 | capital | Legacy | |
| 2022-05-18 | CAP-SS | insolvency | Legacy | |
| 2022-05-18 | RESOLUTIONS | resolution | Resolution | |
| 2021-09-28 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-05-17 | AA | accounts | Accounts with accounts type full | |
| 2021-01-21 | RESOLUTIONS | resolution | Resolution | |
| 2020-11-24 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- 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.