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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

Accounts

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

Metric Trend 2022-12-312023-12-312024-12-31
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 1718
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

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 2022-12-312023-12-312024-12-31
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 2.24x2.38x
Interest cover 24.00x94.61x4.19x

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

  1. DIXSTONE UK LIMITED 2023-10-11 → present
  2. 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

  1. DIXSTONE UK LIMITED · parent
    1. Dixstone Netherlands N.V. 100% · Netherlands · Other
    2. Petrodec B.V. 100% · Netherlands · Decommissioning
    3. Dixborg B.V. 50% · Netherlands · Marine
    4. Multicat MPR 1 B.V. 100% · Netherlands · Marine
    5. Obana B.V. 100% · Netherlands · Decommissioning
    6. Petrodec Contractors B.V. 100% · Netherlands · Decommissioning
    7. Dixstone France S.A. 100% · France · Other
    8. Morrighan Limited 100% · Cyprus · Retail
    9. Petrodec UK Limited 100% · United Kingdom · Decommissioning
    10. Petrodec Inc. 100% · Mauritius · Decommissioning

Significant events

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

No persons with significant control on record.

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 PDF
2025-12-23 AA accounts Accounts with accounts type group
2025-09-05 AP01 officers Appoint person director company with name date PDF
2025-07-02 SH01 capital Capital allotment shares PDF
2025-04-08 CH01 officers Change person director company with change date PDF
2025-03-21 CS01 confirmation-statement Confirmation statement with updates PDF
2024-12-24 SH01 capital Capital allotment shares PDF
2024-09-30 AA accounts Accounts with accounts type total exemption full PDF
2024-07-22 AAMD accounts Accounts amended with accounts type total exemption full
2024-06-18 SH01 capital Capital allotment shares PDF
2024-03-22 CS01 confirmation-statement Confirmation statement with updates PDF
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 PDF
2022-11-23 AA accounts Accounts with accounts type full
2022-03-22 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-01-19 AA accounts Accounts with accounts type total exemption full
2021-03-10 CS01 confirmation-statement Confirmation statement with no updates PDF
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

last 12 months

Capital events
3

last 24 months

Officers appointed
1

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