BP AGUNG I LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-05-08 (in 1y)
Last made up 2026-04-24
Watchouts
Cash
—
Latest balance sheet
Net assets
£11M
USD 14,607,000
+333.7% vs 2023
Employees
—
Average over period
Profit before tax
-£9M
USD -11,942,000
-95.2% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
3 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 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | — | — | |
| Operating profit | -£4,541,377 | -£9,043,881 | |
| Profit before tax | -£4,574,269 | -£8,927,263 | |
| Net profit | -£4,574,269 | -£8,927,263 | |
| Cash | — | — | |
| Total assets less current liabilities | -£4,672,946 | £10,919,489 | |
| Net assets | -£4,672,946 | £10,919,489 | |
| Equity | -£4,672,946 | £10,919,489 | |
| Average employees | — | — | |
| Wages | — | — | |
| Directors' remuneration | — | — |
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
—
Not reported
-
Cash
—
Not reported
-
Net assets
+333.7%
-£4,672,946 £10,919,489
-
Employees
—
Not reported
-
Operating profit
-99.1%
-£4,541,377 -£9,043,881
-
Profit before tax
-95.2%
-£4,574,269 -£8,927,263
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 |
|---|---|---|---|
| Return on capital employed | 97.2% | -82.8% | |
| Gearing (liabilities / total assets) | 1187.1% | 1.0% | |
| Current ratio | 0.07x | 99.69x | |
| Interest cover | -138.07x | -274.96x |
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
“The directors consider it appropriate to adopt the going concern basis of accounting in preparing the financial statements. The current economic and geopolitical environment were considered as part of the going concern assessment. ... 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
- “In June 2025, BP reached an agreement with the Government of Indonesia to extend the second phase of the exploration period by three years, until 2028, for the continuation of 2D seismic acquisition and processing.”
- “The commitments under the production sharing contract signed with the government of Indonesia and covered in a performance bond issued by a third-party bank (guarantor) of $1.5 million to the local government (beneficiary) with a recourse on the company (guaranteed entity) were fulfilled in April 2025”
- “On 17 October 2024, 32,800,000 ordinary share of $1 for a total nominal value of $32,800,000 was allotted and paid to the parent company at par value.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BP SECRETARIES LIMITED | Corporate Secretary | 2026-02-06 | — | — |
| SUNBURY SECRETARIES LIMITED | Corporate Secretary | 2022-04-25 | — | — |
| COLLINS, Andrew | Director | 2026-02-18 | Mar 1967 | British |
| HANAFIAH, Hardi Solihin | Director | 2026-02-18 | Apr 1967 | Indonesian |
| KENNEDY, John Ellwood | Director | 2026-02-18 | Mar 1977 | British |
| WU, Xinchao | Director | 2022-07-01 | Aug 1966 | American |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ALIYEV, Namig | Director | 2022-07-01 | 2026-02-19 |
| MARTIN, Alan Philip | Director | 2022-04-25 | 2022-07-01 |
| PERRIE, Martin William | Director | 2022-04-25 | 2024-09-30 |
| SHAW, Stuart Charles | Director | 2024-09-30 | 2026-02-20 |
| TEHUBIJULUW, James Christoffel | Director | 2022-04-25 | 2026-02-24 |
| YOUNG, Alison Sheila | Director | 2022-04-25 | 2024-08-01 |
| ZAKI, Nader | Director | 2022-04-25 | 2022-07-01 |
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 | 2022-04-25 | Active |
Filing timeline
Last 20 of 27 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-02-26 | TM01 | officers | Termination director company with name termination date | |
| 2026-02-26 | TM01 | officers | Termination director company with name termination date | |
| 2026-02-26 | TM01 | officers | Termination director company with name termination date | |
| 2026-02-26 | AP01 | officers | Appoint person director company with name date | |
| 2026-02-26 | AP01 | officers | Appoint person director company with name date | |
| 2026-02-26 | AP01 | officers | Appoint person director company with name date | |
| 2026-02-06 | AP04 | officers | Appoint corporate secretary company with name date | |
| 2025-09-08 | AA | accounts | Accounts with accounts type full | |
| 2025-04-30 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-11-26 | SH01 | capital | Capital allotment shares | |
| 2024-10-03 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-03 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-03 | TM01 | officers | Termination director company with name termination date | |
| 2024-08-05 | AA | accounts | Accounts with accounts type full | |
| 2024-04-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-08-23 | AA | accounts | Accounts with accounts type full | |
| 2023-05-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-05-02 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2023-05-02 | PSC09 | persons-with-significant-control | Withdrawal of a person with significant control statement |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 9
- Capital events
- 1
- Officers appointed
- 4
- Officers resigned
- 3
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.