ENQUEST GLOBAL LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-04-10 (in 11mo)
Last made up 2026-03-27
Watchouts
None on the register
Cash
£425K
USD 568,000
-55.3% vs 2023
Net assets
£54M
USD 71,919,000
+274.5% vs 2023
Employees
—
Average over period
Profit before tax
£129M
USD 172,996,000
+1,028.7% 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 | £1,776,931 | £1,725,349 | |
| Operating profit | -£13,357,255 | £1,246,169 | |
| Profit before tax | -£13,925,394 | £129,323,466 | |
| Net profit | -£14,169,096 | £129,113,404 | |
| Cash | £950,886 | £424,609 | |
| Total assets less current liabilities | £14,355,984 | £53,763,176 | |
| Net assets | £14,355,984 | £53,763,176 | |
| Equity | £14,355,984 | £53,763,176 | |
| Average employees | — | — | |
| 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
-2.9%
£1,776,931 £1,725,349
-
Cash
-55.3%
£950,886 £424,609
-
Net assets
+274.5%
£14,355,984 £53,763,176
-
Employees
—
Not reported
-
Operating profit
+109.3%
-£13,357,255 £1,246,169
-
Profit before tax
+1,028.7%
-£13,925,394 £129,323,466
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 |
|---|---|---|---|
| Operating margin | -751.7% | 72.2% | |
| Net margin | -797.4% | 7483.3% | |
| Return on capital employed | -93.0% | 2.3% | |
| Current ratio | 0.77x | 2.11x | |
| Interest cover | -22.20x | 1.70x |
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
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have considered the binding letter of support received from the ultimate parent company, the EnQuest Group's strong cash flows and a range of plausible sensitivities. Having made appropriate enquiries, the Directors have concluded that the Company will be able to meet its liabilities as they fall due for a period of at least 12 months from the date of this report and have therefore concluded that the going concern basis of accounting is appropriate.”
Group structure
- ENQUEST GLOBAL LIMITED · parent
- EnQuest NWO Limited 100%
- EnQuest Petroleum Production Malaysia Limited 100%
- EnQuest Petroleum Developments Malaysia SDN.BHD 100%
- EQ Petroleum Sabah Ltd 100%
- EnQuest Global Services Limited 100%
Significant events
- “In January 2025, EnQuest announced that it had signed a Sale and Purchase Agreement to acquire Harbour Energy's business in Vietnam, which includes the 53.125% equity interest in the Chim Sáo and Dua production fields. These fields are governed by the Block 12W Production Sharing Contract, which runs to November 2030 with an opportunity to extend.”
- “In April 2025, EnQuest announced that, as part of a consortium, it was the winning bidder for two Production Sharing Contract ('PSCs') blocks in Papua Barat, Indonesia: Gaea and Gaea II. These blocks present a multi-Tscf unrisked resource potential for EnQuest and its joint venture partners.”
- “In July 2025, EnQuest announced that it had been awarded a Production Sharing Agreement ('PSA') for Block C located offshore Brunei Darussalam which hosts the condensate rich gas discovered fields of Merpati, Meragi and Juragan. EnQuest will initially be the sole operator of the PSA with the intention to subsequently, subject to contract, form a 50/50 joint venture company ('JVC') with Brunei Energy Exploration Sdn Bhd.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 18 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CHRIST, Kathryn Anna | Secretary | 2023-11-01 | — | — |
| AHMED, Dawood Ismail | Director | 2026-02-18 | Jul 1983 | British |
| BIN P M MUSTAFA KAMAL, Ahmed Radzif | Director | 2025-01-13 | Sep 1966 | Malaysian |
| WOOD, Ian David | Director | 2021-09-07 | Mar 1977 | British |
Show 18 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| AHMED, Dawood | Secretary | 2022-09-02 | 2023-11-01 |
| CHRIST, Kathryn Anna | Secretary | 2016-03-24 | 2022-09-02 |
| HUSSEIN, Nadira | Secretary | 2014-11-13 | 2016-01-20 |
| TRAVIS, Melanie Susan | Secretary | 2016-01-20 | 2016-03-24 |
| TRAVIS, Melanie | Secretary | 2013-10-17 | 2014-11-13 |
| WATERS, Paul | Secretary | 2013-04-10 | 2013-10-17 |
| BROWN, Rebecca Louise, Dr | Director | 2017-03-20 | 2017-03-20 |
| FOSTER, Stephen Richard | Director | 2017-08-15 | 2018-03-22 |
| HAMZA, Faysal Essam | Director | 2013-04-10 | 2019-04-30 |
| HEWITT, Ian | Director | 2013-07-08 | 2014-07-31 |
| MALIK, Imran Saeed | Director | 2020-01-20 | 2021-09-07 |
| MALIK, Salman | Director | 2019-04-30 | 2022-08-15 |
| MENTIPLY, Martin James | Director | 2022-06-01 | 2023-09-29 |
| RICKETTS, Stefan John | Director | 2013-04-10 | 2022-06-01 |
| RODRIGUES, Daniel Gama | Director | 2018-03-22 | 2019-12-20 |
| STEWART, Craig Colin | Director | 2013-04-10 | 2017-03-20 |
| TALPUR, Mir Ghulam Ali | Director | 2023-09-29 | 2026-02-18 |
| WATT, Andrew Michael | Director | 2013-09-26 | 2017-08-15 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Enquest Plc | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 115 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-02-24 | AP01 | officers | Appoint person director company with name date | |
| 2026-02-24 | TM01 | officers | Termination director company with name termination date | |
| 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 | |
| 2025-12-16 | 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 | |
| 2025-11-25 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-11-25 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-10-08 | AA | accounts | Accounts with accounts type full | |
| 2025-05-07 | CH01 | officers | Change person director company with change date | |
| 2025-04-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-14 | AP01 | officers | Appoint person director company with name date | |
| 2024-12-04 | CH01 | officers | Change person director company with change date | |
| 2024-10-28 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-10-28 | MR04 | mortgage | Mortgage satisfy charge full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 15
- 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.