DANA PETROLEUM (EAST MED) LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-06-08 (in 1mo)
Last made up 2025-05-25
Watchouts
None on the register
Cash
—
Latest balance sheet
Net assets
-£364K
-550% vs 2023
Employees
—
Average over period
Profit before tax
-£308K
-440.4% vs 2023
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 | -£57,000 | -£225,000 | |
| Profit before tax | -£57,000 | -£308,000 | |
| Net profit | -£57,000 | -£308,000 | |
| Cash | — | — | |
| Total assets less current liabilities | -£56,000 | -£364,000 | |
| Net assets | -£56,000 | -£364,000 | |
| Equity | -£56,000 | -£364,000 | |
| Average employees | — | — | |
| Wages | — | — | |
| Directors' remuneration | — | — |
Values shown as filed in the company's annual accounts. — 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
-550%
-£56,000 -£364,000
-
Employees
—
Not reported
-
Operating profit
-294.7%
-£57,000 -£225,000
-
Profit before tax
-440.4%
-£57,000 -£308,000
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 | 101.8% | 61.8% | |
| Gearing (liabilities / total assets) | 102.4% | 115.1% | |
| Current ratio | 0.24x | 0.22x | |
| Interest cover | — | -2.71x |
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 1 time since incorporation
- DANA PETROLEUM (EAST MED) LIMITED 2023-11-08 → present
- DANA PETROLEUM (SNS) LIMITED 2022-05-26 → 2023-11-08
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The company has access to the Dana Group's bank facilities and has received confirmation that Dana Petroleum Limited will provide support should it be required. The financial support is guaranteed for a period up to 31 December 2026. As a result, the directors have a reasonable expectation that the company has sufficient resources to continue in operational existence for the foreseeable future and they have continued to adopt the going concern basis of accounting when preparing the annual financial statements.”
Significant events
- “The company was incorporated on 26 May 2022 and began trading during 2023, following the notification of a successful bid for exploration acreage, alongside its JV partners ENI and Ratio Petroleum in the East Mediterranean Sea by the Ministry of Energy and Infrastructure for Israel.”
- “The process has been paused with Dana, ENI and Ratio still awaiting the formal award of the licences.”
- “In January 2024, the Dana Group renewed the $300M revolving loan facility with The Export-Import Bank of Korea ("KEXIM") with a new expiry of January 2026 for the availability period.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| AN, Kyoungtak | Director | 2022-09-01 | Dec 1976 | South Korean |
| CHOI, Jongweon | Director | 2024-05-01 | Dec 1970 | South Korean |
| RODGER, George Brian | Director | 2023-10-30 | Mar 1967 | British |
| WILDGOOSE, Ewan Munro | Director | 2022-05-26 | May 1969 | British |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DUNCANSON, Andrew Graham | Director | 2022-08-15 | 2023-07-17 |
| KIM, Jongwoo | Director | 2022-05-26 | 2022-08-24 |
| MIN, Kyung Seok | Director | 2022-05-26 | 2022-09-01 |
| NAM, Jaegu | Director | 2022-09-19 | 2024-04-30 |
| VAN DALEN, Bert Eiko | Director | 2022-05-26 | 2022-08-15 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Dana Petroleum Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2022-05-26 | Active |
Filing timeline
Last 20 of 32 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-11-08 CERTNM Certificate change of name company PDF
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-09-22 | AA | accounts | Accounts with accounts type full | |
| 2025-06-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-03-19 | AA | accounts | Accounts with accounts type full | |
| 2024-11-15 | AGREEMENT2 | other | Legacy | |
| 2024-11-15 | GUARANTEE2 | other | Legacy | |
| 2024-06-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-05-01 | AP01 | officers | Appoint person director company with name date | |
| 2024-05-01 | TM01 | officers | Termination director company with name termination date | |
| 2023-12-21 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-11-08 | CERTNM | change-of-name | Certificate change of name company | |
| 2023-10-30 | AP01 | officers | Appoint person director company with name date | |
| 2023-07-27 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-07-27 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-07-27 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-07-24 | AA | accounts | Accounts with accounts type dormant | |
| 2023-07-17 | TM01 | officers | Termination director company with name termination date | |
| 2023-05-31 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-27 | CH01 | officers | Change person director company with change date | |
| 2022-10-27 | CH01 | officers | Change person director company with change date | |
| 2022-09-20 | AP01 | officers | Appoint person director company with name date |
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.