BJ SERVICES COMPANY MIDDLE EAST LIMITED

• ⚠

  Material uncertainty over going concern

  The directors have prepared the financial statements on the going concern basis as they do not intend to liquidate the company or to cease its operations, and they have concluded that the company's financial position means that this is realistic. However, we also concluded that there are material uncertainties that could individually or collectively cast significant doubt on the company's ability to continue as a going concern for at least a year from the date of approval of the financial statements ("the going concern period").

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

  -11.4%

  £9,811,617 → £8,696,270

• Cash

  +113.5%

  £651,865 → £1,391,941

• Net assets

  +3%

  £4,993,646 → £5,143,904

• Employees

  +3.6%

  56 → 58

• Operating profit

  +107.8%

  -£2,671,750 → £207,072

• Profit before tax

  +82.3%

  -£5,599,910 → -£992,001

• Wages

  +48.9%

  £869,403 → £1,294,760

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.

1. BJ SERVICES COMPANY MIDDLE EAST LIMITED 1997-04-24 → present
2. BJ SERVICES INTERNATIONAL LIMITED 1993-07-07 → 1997-04-24
3. FORD SQUARE LIMITED 1993-05-05 → 1993-07-07

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The directors have prepared the financial statements on the going concern basis as they do not intend to liquidate the company or to cease its operations, and they have concluded that the company's financial position means that this is realistic. However, we also concluded that there are material uncertainties that could individually or collectively cast significant doubt on the company's ability to continue as a going concern for at least a year from the date of approval of the financial statements ("the going concern period").”

Significant events

• “Deregistration of the branch in Qatar.”

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

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.