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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-06-12 (in 1mo)

Last made up 2025-05-29

Watchouts

None on the register

Cash

Latest balance sheet

Net assets

-£90M

USD -120,235,488

-75.8% vs 2023

Employees

Average over period

Profit before tax

-£39M

USD -51,829,270

-47.6% vs 2023

Accounts

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

Metric Trend 2023-12-312024-12-31
Turnover
Operating profit -£23,837,203-£35,312,432
Profit before tax -£26,256,282-£38,745,062
Net profit -£26,256,282-£38,745,062
Cash
Total assets less current liabilities -£51,137,189-£89,882,252
Net assets -£51,137,189-£89,882,252
Equity -£51,137,189-£89,882,252
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

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 46.6%39.3%
Current ratio 0.02x0.07x
Interest cover -9.85x-10.29x

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 3 times since incorporation

  1. WOODSIDE ENERGY (EGYPT) LIMITED 2022-07-12 → present
  2. BHP PETROLEUM (EGYPT) LIMITED 2020-10-27 → 2022-07-12
  3. BHP PETROLEUM (BRAZIL) LIMITED 2019-01-09 → 2020-10-27
  4. BHP BILLITON PETROLEUM (BRAZIL) LIMITED 2013-06-04 → 2019-01-09

Audit & accounting basis

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

“These financial statements have been prepared on a going concern basis. The Company recognised a net loss after taxation of US$51,829,270 for the year ended 31 December 2024 (2023: net loss after taxation of US$35,123,029) and is in a net liability position of US$120,235,488 (2023: net liability position of US$68,406,218), and is in a net current liability position of US$121,502,154”

Significant events

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

People

3 active · 22 resigned

Name Role Appointed Born Nationality
LOPEZ, Jennifer Secretary 2017-03-30
GEBHARDT, Terry Wayne Director 2024-09-01 May 1972 American
MCKENZIE, Grant David, Mr. Director 2025-02-13 Feb 1974 American
Show 22 resigned officers
Name Role Appointed Resigned
REUTER, Maria Isabel, Ms. Secretary 2013-06-04 2017-03-30
BERGER, Peter Paul, Mr. Director 2013-09-15 2016-08-29
BOGERS, Hendrik Jan, Mr. Director 2013-06-04 2015-09-01
COX, Stewart Forster Director 2015-09-01 2016-12-07
DISTEL, Matthieu Jacques Alexandre Director 2021-04-26 2024-09-01
FARIS, Evan John Director 2024-09-01 2025-02-13
FAUST, Michael John Director 2018-11-13 2020-10-20
GILLAN, Charlotte Elizabeth Director 2013-06-04 2015-09-01
GONZALES, Dominic Damion Director 2020-10-20 2024-09-01
GOSS, Adam Robert Director 2020-10-20 2021-09-13
GUIJARRO, Lizbeth Noemi Director 2021-09-13 2024-09-01
HAY, Walter James Director 2020-10-20 2021-04-26
KALFSBEEK, Aaltien Director 2021-07-01 2022-09-01
KLUTE, Paul Michael, Mr. Director 2013-09-01 2013-09-15
MALLET, Myra Hoskin Director 2016-08-29 2018-11-13
MCCORMACK, Niall James, Mr. Director 2015-06-01 2018-11-13
MCPHERSON, Tavis Director 2018-11-13 2021-02-19
PARR, James Joseph Director 2021-05-03 2021-07-01
PERSICO, Antonello Director 2015-09-01 2016-12-07
POWELL, David Duane, Mr. Director 2013-06-04 2013-09-01
RAINEY, David Ian, Mr. Director 2013-09-01 2015-06-01
YEAGER, James Michael, Mr. Director 2013-06-04 2013-07-01

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Woodside Energy Group Ltd Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2022-06-01 Active

Filing timeline

Last 20 of 85 total filings

Date Type Category Description
2025-10-01 AA accounts Accounts with accounts type full
2025-05-29 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-02-19 AP01 officers Appoint person director company with name date PDF
2025-02-19 TM01 officers Termination director company with name termination date PDF
2024-09-30 AA accounts Accounts with accounts type small
2024-09-11 AP01 officers Appoint person director company with name date PDF
2024-09-05 AP01 officers Appoint person director company with name date PDF
2024-09-05 TM01 officers Termination director company with name termination date PDF
2024-09-05 TM01 officers Termination director company with name termination date PDF
2024-09-05 TM01 officers Termination director company with name termination date PDF
2024-06-03 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-03-25 PSC05 persons-with-significant-control Change to a person with significant control PDF
2024-03-25 CH01 officers Change person director company with change date PDF
2024-02-26 PSC02 persons-with-significant-control Notification of a person with significant control PDF
2024-02-26 PSC09 persons-with-significant-control Withdrawal of a person with significant control statement PDF
2023-12-31 AA accounts Accounts with accounts type small
2023-06-07 CS01 confirmation-statement Confirmation statement with updates PDF
2023-01-05 AA01 accounts Change account reference date company previous extended PDF
2022-09-06 TM01 officers Termination director company with name termination date PDF
2022-08-11 RP04AP01 officers Second filing of director appointment with name PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
2

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

last 12 months

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

Official Companies House page