NOBLE CORPORATION PLC
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Next accounts due
2027-06-30 (in 1y)
Last filed for 2025-12-31
Confirmation statement due
2026-05-26 (this month)
Last made up 2025-05-12
Watchouts
Cash
£359M
USD 479,960,000
+90.2% vs 2024
Net assets
£3B
USD 4,546,102,000
-2% vs 2024
Employees
3,862
-9.9% vs 2024
Profit before tax
£224M
USD 299,727,000
-45.9% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
4 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Net assets
2-year trend · vs Energy median
Accounts
2-year trend · latest reflected 2025-12-31
| Metric | Trend | 2024-12-31 | 2025-12-31 |
|---|---|---|---|
| Turnover | £2,277,631,008 | £2,454,817,224 | |
| Operating profit | £479,156,762 | £323,771,399 | |
| Profit before tax | £413,811,766 | £224,061,449 | |
| Net profit | £396,102,265 | £172,608,208 | |
| Cash | £188,591,612 | £358,794,947 | |
| Total assets less current liabilities | £5,464,869,552 | £5,171,590,790 | |
| Net assets | £3,469,126,860 | £3,398,446,587 | |
| Equity | £3,469,126,860 | £3,398,446,587 | |
| Average employees | 4,287 | 3,862 | |
| Wages | £536,013,306 | £621,719,369 | |
| Directors' remuneration | £15,620,842 | £17,758,840 |
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
FY2024 → FY2025 · period ending 2025-12-31 vs 2024-12-31
-
Turnover
+7.8%
£2,277,631,008 £2,454,817,224
-
Cash
+90.2%
£188,591,612 £358,794,947
-
Net assets
-2%
£3,469,126,860 £3,398,446,587
-
Employees
-9.9%
4,287 3,862
-
Operating profit
-32.4%
£479,156,762 £323,771,399
-
Profit before tax
-45.9%
£413,811,766 £224,061,449
-
Wages
+16%
£536,013,306 £621,719,369
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 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|
| Operating margin | 21.0% | 13.2% | |
| Net margin | 17.4% | 7.0% | |
| Return on capital employed | 8.8% | 6.3% | |
| Gearing (liabilities / total assets) | 41.9% | 39.8% | |
| Current ratio | 2.06x | 2.02x | |
| Interest cover | 6.68x | 2.77x |
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 3 times since incorporation
- NOBLE CORPORATION PLC 2022-05-12 → present
- NOBLE CORPORATION LIMITED 2022-05-12 → 2022-05-12
- NOBLE FINCO LIMITED 2021-01-13 → 2022-05-12
- NOBLE FINCO PLC 2020-10-16 → 2021-01-13
Audit & accounting basis
- Accounting basis
- UK-adopted IFRS
- Reporting scope
- Consolidated group
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“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 group's and the parent 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.”
Group structure
- NOBLE CORPORATION PLC · parent
- Noble Drilling (U.S.) LLC 100%
- Brasdrill Sociedade de Perfurações Ltda. 100%
- Bully 1 (Switzerland) GmbH 100%
- Coastal Trading de México, S. de R.L. de C.V. 49%
Significant events
- “On 2 December 2025, Noble announced that the Company signed definitive agreements to sell six jackup rigs, which includes the sale of five rigs to Borr Drilling Limited (“Borr”) for $360.0 million and a separate transaction for the sale of one rig to Ocean Oilfield Drilling for $60.0 million in cash. The remaining rigs closed on 28 January 2026.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
8 active · 12 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HOWARD, Jennie Paula | Secretary | 2023-04-01 | — | — |
| BERGÖÖ, Erik | Director | 2026-04-29 | May 1978 | Swedish |
| DOUGLAS, Patrice | Director | 2024-09-04 | Aug 1962 | American |
| EIFLER, Robert Wentworth | Director | 2021-12-08 | Oct 1979 | American |
| HEMMINGSEN, Claus | Director | 2022-10-03 | Sep 1962 | Danish |
| HIRSHBERG, Alan | Director | 2022-09-30 | May 1961 | American |
| JENNINGS, H. Keith | Director | 2023-11-22 | Dec 1969 | Canadian |
| SLEDGE, Charles | Director | 2022-09-30 | Oct 1965 | American |
Show 12 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BRODIE, Matthew John | Secretary | 2020-10-16 | 2021-12-08 |
| CARBONELLI, Paul | Secretary | 2023-08-02 | 2025-10-31 |
| TURCOTTE, William Edgar | Secretary | 2021-12-08 | 2023-04-01 |
| ATKINSON, Kirk Thomas | Director | 2020-10-16 | 2021-06-15 |
| AYLING, Darren | Director | 2021-10-28 | 2021-12-08 |
| BARKER, Richard Benjamin Ashby | Director | 2021-12-08 | 2022-09-30 |
| BRODIE, Matthew John | Director | 2020-10-16 | 2021-12-08 |
| HOLTH, Kristin | Director | 2022-10-03 | 2026-04-29 |
| MAXWELL, Alastair John Charlton | Director | 2022-10-03 | 2025-05-08 |
| MIDDLETON, Alan | Director | 2020-10-16 | 2021-10-18 |
| PICKARD, Ann | Director | 2022-09-30 | 2025-05-08 |
| TURCOTTE, William Edgar | Director | 2022-05-04 | 2022-09-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Noble Corporation 2022 Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2020-10-16 | Ceased 2022-10-03 |
Filing timeline
Last 20 of 156 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-01 | AP01 | officers | Appoint person director company with name date | |
| 2026-04-30 | TM01 | officers | Termination director company with name termination date | |
| 2026-04-10 | AA | accounts | Accounts with accounts type group | |
| 2025-11-04 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-09-19 | SH01 | capital | Capital allotment shares | |
| 2025-09-19 | SH05 | capital | Capital cancellation treasury shares with date currency capital figure | |
| 2025-09-19 | SH06 | capital | Capital cancellation shares | |
| 2025-06-03 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-05-28 | CH01 | officers | Change person director company with change date | |
| 2025-05-19 | SH03 | capital | Capital return purchase own shares | |
| 2025-05-09 | TM01 | officers | Termination director company with name termination date | |
| 2025-05-09 | TM01 | officers | Termination director company with name termination date | |
| 2025-05-01 | AD03 | address | Move registers to sail company with new address | |
| 2025-05-01 | AD02 | address | Change sail address company with new address | |
| 2025-04-07 | SH03 | capital | Capital return purchase own shares treasury capital date | |
| 2025-03-31 | AA | accounts | Accounts with accounts type group | |
| 2025-02-10 | SH03 | capital | Capital return purchase own shares treasury capital date | |
| 2025-02-10 | SH03 | capital | Capital return purchase own shares treasury capital date | |
| 2024-10-22 | SH03 | capital | Capital return purchase own shares treasury capital date | |
| 2024-10-22 | SH03 | capital | Capital return purchase own shares treasury capital date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 14
- Capital events
- 9
- Officers appointed
- 1
- Officers resigned
- 4
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.