BOWLEVEN LIMITED
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Cash
£350k
USD 471,000
lowest in 3 filed years
Net assets
£118m
USD 159,556,000
lowest in 3 filed years
Employees
4
Average over period
Profit before tax
-£373k
USD -503,000
Period ending 2025-12-31
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
The Directors are conscious that the Company's financial position... alongside the issues discussed above create material uncertainty that may cast significant doubt over the Company's ability to continue as a going concern
-
Going-concern uncertainty disclosed
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 | 2023-06-30 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | — | — | — | — | |
| Operating profit | -£1,702,060 | -£1,453,359 | -£437,106 | — | |
| Profit before tax | -£1,594,695 | -£1 | -£373,284 | — | |
| Net profit | -£1,594,695 | -£1,411,971 | -£373,284 | — | |
| Cash | £715,244 | £777,619 | £349,536 | — | |
| Total assets less current liabilities | — | £127,394,142 | £118,408,905 | — | |
| Net assets | £125,775,637 | £127,394,142 | £118,408,905 | — | |
| Equity | £125,775,637 | £127,394,142 | £118,408,905 | — | |
| Average employees | 4 | 4 | 4 | — | |
| Wages | £571,564 | £869,150 | £238,219 | — | |
| Directors' remuneration | £494,198 | £776,027 | £199,629 | — | |
| Highest paid director | £399,463 | £599,331 | £99,443 | — |
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 —. Year-on-year comparison hidden: this filing covers about 12 months versus 18 months prior. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-06-30 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Return on capital employed | — | -1.1% | -0.4% | |
| Gearing (liabilities / total assets) | 0.4% | 0.0% | 0.1% | |
| Current ratio | 6.43x | — | 78.31x |
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 2 times since incorporation — the current trading name was adopted 2024-10-09
- BOWLEVEN LIMITED 2024-10-09 → present
- BOWLEVEN PLC 2002-02-08 → 2024-10-09
- WIDE PETROLEUM PLC 2001-11-13 → 2002-02-08
Audit & accounting basis
- Accounting basis
- UK-adopted IAS
- Reporting scope
- Standalone (parent only)
- Auditor
- Streets Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“The Directors are conscious that the Company's financial position... alongside the issues discussed above create material uncertainty that may cast significant doubt over the Company's ability to continue as a going concern”
Group structure
- BOWLEVEN LIMITED · parent
- Bowleven Resources Limited 100%
- EurOil Limited 100%
Significant events
- “LUKOIL announced in January 2026, that its international oil and gas investments (including Etinde) are to be sold to the Carlyle Group, subject to agreeing complete terms.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 31 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BURNESS PAULL LLP | Corporate Secretary | 2017-07-19 | — | — |
| ARNOFF, Jack | Director | 2020-11-01 | Mar 1966 | British |
| NILNER, Karl Oskar | Director | 2024-10-03 | Dec 1974 | Swedish |
| STOYANOV, Konstantin | Director | 2024-11-01 | Apr 1975 | German |
| VERMEULEN, Markus Franciscus Antonius | Director | 2024-07-22 | Nov 1982 | Dutch |
Show 31 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CASSIDY, Brian | Secretary | 2015-10-31 | 2017-07-19 |
| WILSON, Peter George | Secretary | 2005-04-01 | 2015-10-31 |
| MCCLURE NAISMITH | Corporate Secretary | 2001-11-13 | 2005-04-01 |
| ALLAN, William Macdonald | Director | 2015-10-07 | 2017-03-30 |
| ANTHONY, Jeremy Stuart | Director | 2006-01-01 | 2006-12-30 |
| ASHWORTH, Christopher John | Director | 2017-03-14 | 2017-12-14 |
| BROWN, John Davies | Director | 2004-12-01 | 2014-01-06 |
| CHAHIN, Eli | Director | 2017-03-14 | 2024-10-31 |
| CLARKSON, David | Director | 2013-06-26 | 2017-12-13 |
| COOK, Caroline Elizabeth | Director | 2006-12-06 | 2015-12-16 |
| CRAWFORD, Kerry Anne Mckenzie | Director | 2014-01-06 | 2017-03-14 |
| DARBY, Joseph | Director | 2017-04-03 | 2017-12-13 |
| HANNA, Ronald George | Director | 2006-12-06 | 2015-12-16 |
| HART, Kevin | Director | 2006-11-17 | 2017-03-14 |
| HENEAGHAN, Terence Anthony | Director | 2001-11-13 | 2006-12-06 |
| KENNEDY, John | Director | 2001-11-15 | 2003-07-24 |
| LIRONI, Mark Greig | Director | 2001-11-13 | 2004-12-01 |
| LOCKHART, James | Director | 2001-11-15 | 2004-12-01 |
| LOWDEN, Stephen Jonathan | Director | 2005-10-20 | 2007-12-13 |
| MARTIN, John Edward | Director | 2015-05-05 | 2017-03-14 |
| MCDONALD, Matthew Eugene | Director | 2017-08-17 | 2020-12-09 |
| MORROW, John Andrew Corran | Director | 2005-10-20 | 2011-07-22 |
| RHIND, Philip Burnett | Director | 2004-12-01 | 2006-02-20 |
| SULLIVAN, Timothy | Director | 2009-05-13 | 2017-03-14 |
| TABETANDO, Ndieb-Nso, Chief | Director | 2001-11-15 | 2015-05-05 |
| TRACY, Philip Oliver James | Director | 2011-05-03 | 2017-03-14 |
| VANDERGRIFT, Donald Bruce | Director | 2001-11-15 | 2005-10-20 |
| WALVIS, Robert Joris Willem | Director | 2005-10-20 | 2006-01-13 |
| WILLETT, Edward Arthur Farquhar | Director | 2008-03-28 | 2016-12-31 |
| WILSON, Peter George | Director | 2005-04-01 | 2015-05-05 |
| WREN, Andrew Easton, Dr | Director | 2001-11-15 | 2006-12-06 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Christian Petersmann | Individual | Shares 25–50% | 2024-12-01 | Active |
| Konstantin Stoyanov | Individual | Shares 25–50% | 2024-12-01 | Active |
Filing timeline
Last 20 of 318 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-10-09 CERT10 Certificate re registration public limited company to private
- 2024-10-09 RESOLUTIONS Resolution
- 2024-10-09 RR02 Reregistration public to private company
- 2024-09-30 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-14 | AA | accounts | Accounts with accounts type group | |
| 2026-06-01 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2026-06-01 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-11-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-10-08 | AA | accounts | Accounts with accounts type group | |
| 2025-03-31 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-03-28 | PSC09 | persons-with-significant-control | Withdrawal of a person with significant control statement | |
| 2024-12-19 | AA01 | accounts | Change account reference date company current extended | |
| 2024-11-22 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-11-01 | TM01 | officers | Termination director company with name termination date | |
| 2024-11-01 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-10 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-09 | CERT10 | change-of-name | Certificate re registration public limited company to private | |
| 2024-10-09 | MAR | incorporation | Re registration memorandum articles | |
| 2024-10-09 | RESOLUTIONS | resolution | Resolution | |
| 2024-10-09 | RR02 | change-of-name | Reregistration public to private company | |
| 2024-10-09 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-30 | MA | incorporation | Memorandum articles | |
| 2024-06-26 | SH02 | capital | Capital alter shares subdivision | |
| 2024-06-10 | SH08 | capital | Capital name of class of shares |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- 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.