GTA FPSO COMPANY LTD
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Cash
—
Latest balance sheet
Net assets
£1.3bn
USD 1,762,035,000
-12.7% lowest in 3 filed years
Employees
0
Average over period
Profit before tax
£119m
USD 160,659,000
-19.8% lowest in 3 filed years
Net assets
3-year trend · vs Energy median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | — | — | — | — | |
| Operating profit | -£77,659 | -£70,837 | -£74,954 | -5.8% | |
| Profit before tax | £126,921,870 | £148,591,213 | £119,227,458 | -19.8% | |
| Net profit | £126,921,870 | £148,591,213 | £119,227,458 | -19.8% | |
| Cash | — | — | — | — | |
| Total assets less current liabilities | £1,448,176,969 | £1,517,105,221 | £1,333,332,096 | -12.1% | |
| Net assets | £1,427,037,182 | £1,497,067,017 | £1,307,632,653 | -12.7% | |
| Equity | £1,427,037,182 | £1,497,067,017 | £1,307,632,653 | -12.7% | |
| Average employees | 0 | 0 | 0 | — | |
| Wages | — | — | — | — | |
| Directors' remuneration | — | £0 | £0 | — |
Figures converted to GBP from USD at 0.742 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 | 2025-12-31 |
|---|---|---|---|---|
| Return on capital employed | -0.0% | -0.0% | -0.0% | |
| Gearing (liabilities / total assets) | 1.5% | 1.3% | 1.9% | |
| Interest cover | — | — | -0.01x |
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)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors consider it appropriate to adopt the going concern basis of accounting in preparing the financial statements. No material uncertainties over going concern or significant judgements or estimates on the assessment were identified. Accordingly, the company will be able to draw on support from the bp group for the foreseeable future and these financial statements have therefore been prepared on a going concern basis.”
Significant events
- “During 2025, the Company undertook the refinancing of the existing USD 1.5 billion financing arrangement associated with the Greater Tortue Ahmeyim (GTA) FPSO structure.”
- “On 30 June 2024, the 15 year lease term commenced and BPMIL began paying quarterly lease rental payments to GTA FPSO Company Ltd and the legal title of the FPSO transferred from GTA Joint Operation to the GTA FPSO Company Ltd.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BP SECRETARIES LIMITED | Corporate Secretary | 2026-02-11 | — | — |
| SUNBURY SECRETARIES LIMITED | Corporate Secretary | 2021-04-03 | — | — |
| CAMPBELL, David | Director | 2024-03-01 | Jan 1968 | British |
| DE GROVE, Matthew Kennedy | Director | 2021-04-03 | Sep 1971 | British |
| OVION, Sarah Marie Juliette | Director | 2023-01-12 | May 1977 | British |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BUMB, Dennis Richard | Director | 2021-04-03 | 2023-01-10 |
| ISMAYILOV, Emil Isa Oglu | Director | 2021-04-03 | 2024-03-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Bp Exploration Operating Company Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-04-03 | Active |
Filing timeline
Last 20 of 20 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-03 | AA | accounts | Accounts with accounts type full | |
| 2026-07-02 | AP01 | officers | Appoint person director company with name date | |
| 2026-07-02 | TM01 | officers | Termination director company with name termination date | |
| 2026-04-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-02-11 | AP04 | officers | Appoint corporate secretary company with name date | |
| 2025-09-22 | AA | accounts | Accounts with accounts type full | |
| 2025-04-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-30 | AA | accounts | Accounts with accounts type full | |
| 2024-04-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-03-06 | TM01 | officers | Termination director company with name termination date | |
| 2024-03-06 | AP01 | officers | Appoint person director company with name date | |
| 2023-08-23 | AA | accounts | Accounts with accounts type full | |
| 2023-05-24 | TM01 | officers | Termination director company with name termination date | |
| 2023-04-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-01-12 | AP01 | officers | Appoint person director company with name date | |
| 2022-09-06 | AA | accounts | Accounts with accounts type full | |
| 2022-04-05 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-08-04 | AA01 | accounts | Change account reference date company current shortened | |
| 2021-08-04 | SH01 | capital | Capital allotment shares | |
| 2021-04-03 | NEWINC | incorporation | Incorporation company |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 1
- 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.