DIXSTONE UK LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-03-23 (in 10mo)
Last made up 2026-03-09
Watchouts
None on the register
Cash
£17M
USD 22,471,000
Latest balance sheet
Net assets
£187M
USD 250,560,000
+16,054.7% highest in 3 filed years
Employees
—
Average over period
Profit before tax
£53M
USD 71,153,000
+6,012.8% highest in 3 filed years
Net assets
3-year trend · vs Energy median
Accounts
3-year trend · latest reflected 2024-12-31
| Metric | Trend | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|
| Turnover | £2,230,000 | £2,265,829 | £363,910,443 | |
| Operating profit | £408,000 | £851,461 | £63,233,909 | |
| Profit before tax | £391,000 | £870,150 | £53,190,551 | |
| Net profit | — | £612,245 | £41,220,752 | |
| Cash | £168,000 | £0 | £16,798,236 | |
| Total assets less current liabilities | £1,771,002 | £1,159,453 | £421,794,872 | |
| Net assets | £732,002 | £1,159,453 | £187,306,571 | |
| Equity | £732,002 | £1,616,002 | — | |
| Average employees | 17 | 18 | — | |
| Wages | — | £1,070,494 | £27,098,004 | |
| Directors' remuneration | — | — | £1,196,083 |
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
+15,960.8%
£2,265,829 £363,910,443
highest in 3 filed years
-
Cash
—
Not reported
-
Net assets
+16,054.7%
£1,159,453 £187,306,571
highest in 3 filed years
-
Employees
—
Not reported
-
Operating profit
+7,326.5%
£851,461 £63,233,909
highest in 3 filed years
-
Profit before tax
+6,012.8%
£870,150 £53,190,551
highest in 3 filed years
-
Wages
+2,431.4%
£1,070,494 £27,098,004
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 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|
| Operating margin | 18.3% | 37.6% | 17.4% | |
| Net margin | — | 27.0% | 11.3% | |
| Return on capital employed | 23.0% | 73.4% | 15.0% | |
| Gearing (liabilities / total assets) | — | 28.2% | 64.0% | |
| Current ratio | — | 2.24x | 2.38x | |
| Interest cover | 24.00x | 94.61x | 4.19x |
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
- DIXSTONE UK LIMITED 2023-10-11 → present
- PETROFOR UK LIMITED 2017-03-10 → 2023-10-11
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Consolidated group
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Group has received a letter of support from its ultimate parent company, Perenco International Limited ("Perenco") and in case needed, Perenco will provide support to the Group for at least 12 months as of the issuance date. In making their assessment of going concern, the Directors have considered the letter of support from Perenco. The Directors, having assessed the responses of the directors of Perenco, to their enquiries, have no reason to believe that Perenco will not be able to continue as a going concern or honour its commitments in accordance with the letter of support. On the basis of their assessment of the Group's financial position and the support from Perenco, the Directors have a reasonable expectation that the Group has adequate resources to continue in operational existence in the foreseeable future. The Group therefore continued to adopt the going concern basis in preparing the financial statements.”
Group structure
- DIXSTONE UK LIMITED · parent
- Dixstone Netherlands N.V. 100%
- Petrodec B.V. 100%
- Dixborg B.V. 50%
- Multicat MPR 1 B.V. 100%
- Obana B.V. 100%
- Petrodec Contractors B.V. 100%
- Dixstone France S.A. 100%
- Morrighan Limited 100%
- Petrodec UK Limited 100%
- Petrodec Inc. 100%
Significant events
- “As part of the business reorganisation completed in 2024, the Group acquired a branch in Turkey engaged in oil and gas drilling activities. The branch's licence to operate expired in April 2025, and the Group is currently in the process of winding up its operations.”
- “Subsequent to the reporting date, the Group's main oil licenses in Turkey, which were operated under its Turkish subsidiary, expired in April 2025. Following the expiration, the Board of Directors approved a plan to divest the Group's assets held in Turkey.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ANDRIEU, Alexandre Paul | Director | 2025-09-03 | Sep 1985 | French |
| COLOMBEL, Emmanuel Marie Patrick | Director | 2018-06-08 | Dec 1973 | French |
| PARR, Jonathan Brian | Director | 2017-03-10 | Oct 1971 | British |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| FALLOWS, Nicholas James | Director | 2017-03-10 | 2018-06-08 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 30 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-10-11 CERTNM Certificate change of name company
- 2023-10-11 CONNOT Change of name notice
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-02 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-12-23 | AA | accounts | Accounts with accounts type group | |
| 2025-09-05 | AP01 | officers | Appoint person director company with name date | |
| 2025-07-02 | SH01 | capital | Capital allotment shares | |
| 2025-04-08 | CH01 | officers | Change person director company with change date | |
| 2025-03-21 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-12-24 | SH01 | capital | Capital allotment shares | |
| 2024-09-30 | AA | accounts | Accounts with accounts type total exemption full | |
| 2024-07-22 | AAMD | accounts | Accounts amended with accounts type total exemption full | |
| 2024-06-18 | SH01 | capital | Capital allotment shares | |
| 2024-03-22 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-12-13 | AA | accounts | Accounts with accounts type total exemption full | |
| 2023-10-11 | CERTNM | change-of-name | Certificate change of name company | |
| 2023-10-11 | CONNOT | change-of-name | Change of name notice | |
| 2023-03-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-11-23 | AA | accounts | Accounts with accounts type full | |
| 2022-03-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-01-19 | AA | accounts | Accounts with accounts type total exemption full | |
| 2021-03-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-09-24 | AA | accounts | Accounts with accounts type total exemption full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 3
- Officers appointed
- 1
- 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.