CHEIRON OIL & GAS LIMITED

• ⚠

  Confirmation statement overdue

  Due 2026-03-02.

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

• Turnover

  -34.8%

  £206,465,000 → £134,523,436

  lowest in 3 filed years

• Cash

  -23.2%

  £9,710,000 → £7,453,839

• Net assets

  -33.4%

  £88,494,000 → £58,918,293

  lowest in 3 filed years

• Employees

  —

  Not reported

• Operating profit

  -67.1%

  £107,806,000 → £35,518,427

  lowest in 3 filed years

• Profit before tax

  -90.3%

  £75,328,000 → £7,319,279

  lowest in 3 filed years

• Wages

  +58.2%

  £2,253,121 → £3,564,327

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

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.

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

Anderson Anderson & Brown Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors, having made due and careful enquiry, are of the opinion that the Company has adequate working capital to execute its operations over the next 12 months. The directors, therefore, have made an informed judgement, at the time of approving the financial statements, that there is a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. The directors remain confident that the Company can continue to operate as a going concern. This assessment is based on the understanding that the Company will continue to trade over the coming months. This, along with the Company's bank facility, will allow the Company to continue to meet its obligations as they fall due and operate as a going concern.”

Significant events

• “The Company highlighted a critical discussion and negotiation process with EGPC to amend the Concession Agreements, aiming to consolidate them into a unified agreement specifically for the joint venture with Capricorn. The proposed amendments focus on enhancing the terms and conditions to extend the project's lifetime, increase the gas price, improve the profit-sharing mechanism, and optimise cost recovery. These changes are expected to have a significant positive impact on the project's economics and reduce the impairment. Following the finalisation of the financial statements, the EGPC board approved the revised Concession Agreement, and preparations are currently underway for submission to the Egyptian Parliament for final approval.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

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.