BP INV3 TOPCO LTD
Get an alert when BP INV3 TOPCO LTD files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-06-21 (in 1mo)
Last made up 2025-06-07
Watchouts
None on the register
Cash
£3M
USD 4,626,000
+26.7% vs 2023
Net assets
£6M
USD 8,443,000
-71% vs 2023
Employees
615
+11.6% vs 2023
Profit before tax
-£2M
USD -2,546,000
-34.4% 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 | £40,425,357 | £48,168,498 | |
| Operating profit | £3,714,585 | £4,435,225 | |
| Profit before tax | -£1,415,863 | -£1,903,267 | |
| Net profit | -£15,398,071 | -£14,807,505 | |
| Cash | £2,730,059 | £3,458,174 | |
| Total assets less current liabilities | £28,279,136 | £56,328,026 | |
| Net assets | £21,738,058 | £6,311,580 | |
| Equity | £21,738,058 | £6,311,580 | |
| Average employees | 551 | 615 | |
| Wages | £17,833,595 | £17,399,267 | |
| Directors' remuneration | £323,690 | £495,627 |
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
+19.2%
£40,425,357 £48,168,498
-
Cash
+26.7%
£2,730,059 £3,458,174
-
Net assets
-71%
£21,738,058 £6,311,580
-
Employees
+11.6%
551 615
-
Operating profit
+19.4%
£3,714,585 £4,435,225
-
Profit before tax
-34.4%
-£1,415,863 -£1,903,267
-
Wages
-2.4%
£17,833,595 £17,399,267
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 | 9.2% | 9.2% | |
| Net margin | -38.1% | -30.7% | |
| Return on capital employed | 13.1% | 7.9% | |
| Gearing (liabilities / total assets) | 72.2% | 91.6% | |
| Current ratio | 0.38x | 1.33x | |
| Interest cover | 0.81x | 0.66x |
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
- IFRS
- Reporting scope
- Consolidated group
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have, at the time of approving the financial statements, a reasonable expectation that the Company and the Group have adequate resources to continue in operating existence for the foreseeable future. Therefore, the Directors have continued to adopt the going concern basis of accounting in preparing the financial statements.”
Group structure
- BP INV3 TOPCO LTD · parent
- TWMA Group Ltd 100%
- Total Waste Management Alliance Ltd 100%
- TWMA Middle East Limited 100%
- Total Waste Management International Ltd 100%
- TWMA Egypt for Oil Services S.A.E. 100%
- TWMA Norge AS 100%
- Total Waste Management Alliance Incorporated 100%
- BP Inv3 Holdco Ltd 100%
- BP Inv3 Midco Ltd 100%
- BP Inv3 Bidco Ltd 100%
- BP Inv3 US Bidco LLC 100%
- Dynamic Oilfield Services LLC 100%
- TWMA Finance AS 100%
- Total Waste Management Nigeria Limited 100%
Significant events
- “On 31 January 2025, the Group sold its entire shareholding in Dynamics Oilfield Services LLC ("Dynamics") to a company owned by a related party being the local Operations Manager of Dynamics who, at the date of disposal, held a position with responsibility for planning, directing and controlling the operations of Dynamics.”
- “On 6 February 2025, the Company purchased 1,512 of its "C" Ordinary shares back from the same related party at a cost of $1.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 6 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| WALKER, Mark Johnstone | Secretary | 2019-07-31 | — | — |
| ASLAKSEN, Halle | Director | 2020-03-11 | Dec 1969 | Norwegian |
| CHAICHIAN, Mark Ramin | Director | 2017-04-03 | Sep 1977 | British |
| CONNOLLY, Joseph Adam | Director | 2017-04-03 | Jun 1978 | British |
| FONTANA, Peter Thomas | Director | 2020-03-11 | Dec 1946 | British |
| GEE, Nicholas Wilding | Director | 2017-05-03 | Mar 1963 | British |
| WILLINGS, Robert Alistair | Director | 2018-06-20 | Oct 1970 | British |
Show 6 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| PARK, Graeme | Secretary | 2017-05-03 | 2019-07-31 |
| BRANCH, Antony John | Director | 2017-06-13 | 2019-07-31 |
| GARRICK, David Steven | Director | 2018-04-30 | 2020-10-01 |
| GARRICK, David Steven | Director | 2017-05-03 | 2018-04-30 |
| GARRICK, Ronald Laurance | Director | 2017-05-03 | 2020-05-19 |
| POTTER, Neil Francis | Director | 2017-05-03 | 2020-03-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Buckthorn Partners Llp | Corporate entity | Significant influence | 2017-04-03 | Active |
Filing timeline
Last 20 of 110 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-09-10 | AA | accounts | Accounts with accounts type group | |
| 2025-08-20 | CH01 | officers | Change person director company with change date | |
| 2025-08-20 | CH01 | officers | Change person director company with change date | |
| 2025-07-17 | CH01 | officers | Change person director company with change date | |
| 2025-06-16 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-02-17 | SH03 | capital | Capital return purchase own shares treasury capital date | |
| 2024-10-02 | AA | accounts | Accounts with accounts type group | |
| 2024-06-18 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-04-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-26 | AA | accounts | Accounts with accounts type group | |
| 2023-07-12 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-07-06 | SH04 | capital | Capital sale or transfer treasury shares with date currency capital figure | |
| 2023-04-24 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-03-15 | SH01 | capital | Capital allotment shares | |
| 2023-03-07 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2022-10-05 | CH03 | officers | Change person secretary company with change date | |
| 2022-10-05 | CH01 | officers | Change person director company with change date | |
| 2022-10-05 | CH01 | officers | Change person director company with change date | |
| 2022-10-05 | CH01 | officers | Change person director company with change date | |
| 2022-10-05 | CH01 | officers | Change person director company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 1
- Officers appointed
- 0
- 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.