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Cash

£11m

-28.7% lowest in 3 filed years

Net assets

Equity attributable

Employees

Average over period

Profit before tax

£128k

-58.7% lowest in 3 filed years

Accounts

3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31

Metric Trend 2023-12-312024-12-312025-12-31 Δ vs prior
Turnover
Operating profit £120,000-£237,000-£202,000 +14.8%
Profit before tax £447,000£310,000£128,000 -58.7%
Net profit £573,000£360,000£197,000 -45.3%
Cash £19,138,000£15,814,000£11,268,000 -28.7%
Total assets less current liabilities £11,725,000£7,517,000
Net assets £4,815,000£5,175,000
Equity £4,815,000£5,175,000
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. 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 2023-12-312024-12-312025-12-31
Return on capital employed 1.0%-3.2%
Gearing (liabilities / total assets) 75.7%68.7%
Current ratio 2.44x1.83x
Interest cover 0.18x-0.60x-0.91x

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 4 times since incorporation

  1. ENI HEWETT LIMITED 2008-11-28 → present
  2. TULLOW OIL UK LIMITED 2002-10-23 → 2008-11-28
  3. TULLOW EXPLORATION LIMITED 1988-12-20 → 2002-10-23
  4. MOSELEY PETROLEUM LIMITED 1985-05-30 → 1988-12-20
  5. RANDOTTE (NO 46) LIMITED 1984-10-22 → 1985-05-30

Audit & accounting basis

Accounting basis
FRS 101
Reporting scope
Standalone (parent only)
Abridged
Yes — abridged accounts (limited disclosure)
Auditor
PricewaterhouseCoopers LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The company has a net current assets position of £5,372,000 (2024: £7,517,000) and cash and cash equivalents balance of £11,268,000 (2024: £15,814,000) as of 31 December 2025. The directors are satisfied that the company has adequate financial resources, including access to Eni S.p.A. and its subsidiaries' (Eni Group) financial resources”

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

People

4 active · 44 resigned

Name Role Appointed Born Nationality
D'ABREO, Riordan Secretary 2020-07-01
PAGANO, Francesco Director 2022-03-24 Jun 1968 Italian
PORRETTA-SERAPIGLIA, Claudia Director 2025-06-06 Nov 1977 Italian
WATERLOW, Richard Philip Director 2020-12-08 Sep 1973 British
Show 44 resigned officers
Name Role Appointed Resigned
DAL BELLO, Francesca Secretary 2008-11-28 2017-11-09
HICKEY, Thomas Gerard Secretary 2000-08-29 2008-03-31
MAHER, Matthew Secretary 1998-01-01
MARTIN, Alan Graham Secretary 2008-03-31 2008-11-28
MARTIN, Alan Graham Secretary 1998-01-01 2000-08-29
TREZZA, Mila Secretary 2017-11-09 2020-07-01
ESCO OIL MANAGEMENT LIMITED Corporate Secretary 1989-05-25
AGGOGERI, Nicolo' Director 2021-05-28 2022-10-13
BISSETT, Alfred Alexander Director 1988-12-09
CASTIGLIONI, Fabio Director 2009-06-15 2010-07-14
CAWLEY, Geoff Director 1988-12-09 1989-12-15
CHACON, Oswaldo Director 2012-04-10 2014-09-24
CIRIANI, Duilio Director 1988-12-09 2000-08-29
COURTNEY, Rohan Richard Director 1993-11-12 2000-08-29
DE MARCO, Claudio Director 2017-01-05 2017-06-12
DODWORTH, Michael Director 1991-09-09
FERRARA, Gianluigi Director 2017-06-13 2022-03-24
FORMICA, Paolo Director 2010-10-14 2014-09-24
GIUSTO, Manfredi Director 2024-10-03 2025-06-06
GIUSTO, Manfredi Director 2019-11-18 2020-08-06
HEAVEY, Aidan Joseph Director 1988-12-09 2008-11-28
HEMMENS, Philip Duncan Director 2011-09-19 2016-05-17
HICKEY, Thomas Gerard Director 2000-08-29 2008-09-18
KEENAN, Nicholas Mark Director 2008-11-28 2010-11-15
LANDER, John Hugh Russell Director 2001-01-08 2004-04-16
LUSURIELLO, Luigino Director 2008-11-28 2009-06-15
MAHER, Matthew Director 2000-08-29
MARTIN, Alan Graham Director 1997-02-03 2008-11-28
MCCOSS, Angus Murray, Dr Director 2008-03-31 2008-11-28
MCDADE, Paul Director 2001-07-24 2008-11-28
MONGINI, Adriano Director 2021-04-08 2021-05-28
MOSELEY, Clarkson Pratt Director 1988-12-09
O'DONOGHUE, Matthew John Director 2000-08-29 2008-03-31
PAGANO, Ciro Antonio Director 2020-08-06 2021-04-08
PASQUA, Roberto Director 2014-09-24 2017-06-13
PIRO, Luigi Director 2016-05-17 2017-01-05
POLO, Franco, Dr Director 2010-07-14 2011-09-19
RINALDI, Francesca Director 2017-06-12 2019-11-18
SHERRILL, Joseph Newton Director 1988-12-09
SPRINGETT, Ian Director 2008-09-18 2008-11-28
TALAMONTI, Marco Director 2008-11-28 2012-04-10
TREZZA, Mila Director 2010-11-15 2020-10-30
VASQUES, Luciano Maria Director 2022-10-13 2024-10-03
WILLIAMS, Harry Brian Kerr Director 2001-01-08 2008-11-28

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Eni Uk Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2016-04-06 Active

Filing timeline

Last 20 of 292 total filings

Date Type Category Description
2026-07-30 AA accounts Accounts with accounts type full
2026-06-23 CH01 officers Change person director company with change date PDF
2026-02-12 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-11-25 CH01 officers Change person director company with change date PDF
2025-07-01 RP04AP01 officers Second filing of director appointment with name PDF
2025-06-30 AA accounts Accounts with accounts type full
2025-06-09 AP01 officers Appoint person director company with name date
2025-06-09 TM01 officers Termination director company with name termination date PDF
2025-02-07 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-01-28 CH01 officers Change person director company with change date PDF
2024-10-03 AP01 officers Appoint person director company with name date PDF
2024-10-03 TM01 officers Termination director company with name termination date PDF
2024-06-14 AA accounts Accounts with accounts type full
2024-02-07 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-07-27 AA accounts Accounts with accounts type full
2023-02-09 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-01-31 CH01 officers Change person director company with change date PDF
2022-10-21 TM01 officers Termination director company with name termination date PDF
2022-10-21 AP01 officers Appoint person director company with name date PDF
2022-07-21 CH01 officers Change person director company with change date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
4

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.

Official Companies House page