GUYANA DEEP WATER III UK LIMITED
Guyana Deep Water III UK Limited is a UK-based oil and gas extraction entity, operating as part of the SBM Offshore N.V. group's deepwater petroleum and natural gas interests.
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Cash
£57K
USD 76,054
-99.5% vs 2023
Net assets
£71K
USD 94,727
+100.1% vs 2023
Employees
0
Average over period
Profit before tax
£46M
USD 61,856,637
+157.6% vs 2023
Net assets
2-year trend · vs Energy median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £1,036,247,080 | £114,390,386 | -89% | |
| Operating profit | -£64,094,019 | £114,237,725 | +278.2% | |
| Profit before tax | -£80,695,731 | £46,498,261 | +157.6% | |
| Net profit | -£83,996,833 | £26,961,359 | +132.1% | |
| Cash | £10,408,419 | £57,171 | -99.5% | |
| Total assets less current liabilities | £892,908,788 | £71,206 | -100% | |
| Net assets | -£84,163,547 | £71,207 | +100.1% | |
| Equity | -£84,163,547 | £71,207 | +100.1% | |
| Average employees | 0 | 0 | — | |
| Wages | — | — | — | |
| Directors' remuneration | £0 | £0 | — |
Figures converted to GBP from USD at 0.752 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | -6.2% | 99.9% | |
| Net margin | -8.1% | 23.6% | |
| Return on capital employed | -7.2% | — | |
| Gearing (liabilities / total assets) | 108.1% | 68.2% | |
| Current ratio | 0.91x | 1.47x | |
| Interest cover | -3.86x | 1.66x |
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
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Significant events
- “On November 7th, 2024, the Company announced that it and ExxonMobil Guyana Limited, an affiliate of Exxon Mobil Corporation, had completed the transaction related to the purchase of FPSO Prosperity, ahead of the maximum lease term, which would have expired in November 2025. The purchase allows ExxonMobil Guyana Limited to assume ownership of the unit while SBM Offshore via other group companies will continue to operate and maintain the FPSO up to 2033.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BERNAYS, Adam Richard | Director | 2025-03-27 | Nov 1975 | British |
| D'ARLEUX, Olivier Philippe Morel | Director | 2019-04-12 | May 1975 | French |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| INTERTRUST (UK) LIMITED | Corporate Secretary | 2019-04-12 | 2020-04-01 |
| LEYEN, Gunther Gerd | Director | 2020-11-04 | 2025-03-27 |
| MOULIN, Philippe Gérald | Director | 2019-04-12 | 2020-11-04 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Sbm Offshore N.V. | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2019-04-12 | Active |
Filing timeline
Last 20 of 34 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-10-04 | AA | accounts | Accounts with accounts type full | |
| 2025-04-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-02 | AP01 | officers | Appoint person director company with name date | |
| 2025-04-02 | TM01 | officers | Termination director company with name termination date | |
| 2024-11-07 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-11-07 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-11-07 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-10-10 | AA | accounts | Accounts with accounts type full | |
| 2024-04-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-20 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-12-19 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-12-15 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-07-13 | AA | accounts | Accounts with accounts type full | |
| 2023-04-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-04-04 | CH01 | officers | Change person director company with change date | |
| 2023-04-04 | CH01 | officers | Change person director company with change date | |
| 2022-07-07 | AA | accounts | Accounts with accounts type full | |
| 2022-04-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-07-14 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- 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.