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Next accounts due

2026-06-30 (in 1mo)

Last filed for 2024-12-31

Confirmation statement due

2027-03-23 (in 10mo)

Last made up 2026-03-09

Watchouts

None on the register

Cash

£92M

USD 123,400,000

-34.9% vs 2023

Net assets

£261M

USD 349,300,000

-14.1% vs 2023

Employees

45

-61.5% vs 2023

Profit before tax

£10M

USD 13,900,000

+113.6% vs 2023

Accounts

2-year trend · latest reflected 2024-12-31

Metric Trend 2023-12-312024-12-31
Turnover £150,257,905£110,488,151
Operating profit -£65,336,025£22,501,308
Profit before tax -£76,325,036£10,390,970
Net profit -£107,647,455£7,924,049
Cash £141,661,060£92,247,888
Total assets less current liabilities £407,490,469£341,257,382
Net assets £303,879,794£261,119,833
Equity £303,879,794£261,119,833
Average employees 11745
Wages £13,754,953£7,176,497
Directors' remuneration £1,161,424£1,622,969

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

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 2023-12-312024-12-31
Operating margin -43.5%20.4%
Net margin -71.6%7.2%
Return on capital employed -16.0%6.6%
Gearing (liabilities / total assets) 39.1%43.6%
Current ratio 3.13x2.21x
Interest cover -3.45x1.48x

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 3 times since incorporation

  1. CAPRICORN ENERGY PLC 2021-12-10 → present
  2. CAIRN ENERGY PLC 2003-02-19 → 2021-12-10
  3. NEW CAIRN ENERGY PLC 2002-12-05 → 2003-02-19
  4. RANDOTTE (NO. 507) LIMITED 2002-01-07 → 2002-12-05

Audit & accounting basis

Accounting basis
IFRS
Reporting scope
Consolidated group
Auditor
PricewaterhouseCoopers LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“In preparing the financial statements, the directors are required to consider the company's ability to continue as a going concern. The directors' explanation as to their assessment of the group's and company's prospects, the period this assessment covers and why the directors consider that there is no material uncertainty and that they have a reasonable expectation that the company will be able to continue in operation and meet its liabilities as they fall due.”

Group structure

  1. CAPRICORN ENERGY PLC · parent
    1. Cairn UK Holdings Limited 1% · UK · Holding company
    2. Capricorn Energy Investment Limited 1% · United Arab Emirates · Investment
    3. Capricorn Oil Limited 1% · United Arab Emirates · Management company
    4. Capricorn Senegal (Holding) Limited 1% · Scotland · Holding company
    5. Agoro Oil and Gas (UK) Limited 1% · Scotland · Exploration
    6. Capricorn Cote d'Ivoire Limited 1% · Scotland · Exploration
    7. Capricorn Egypt (Holding) Limited 1% · England · Holding company
    8. Capricorn Egypt Limited 1% · Egypt · Exploration
    9. Capricorn Senegal Holdings Limited 1% · Scotland · Holding company
    10. Capricorn Energy Mexico S.A. DE R.L. DE C.V. 1% · Mexico · Exploration
    11. Capricorn Energy UK Limited 1% · England · Exploration
    12. Capricorn Exploration and Development Company Limited 1% · England · Carbon trading
    13. Capricorn Licences and Solutions Limited 1% · Scotland · Exploration
    14. Capricorn Nicaragua BV 1% · The Netherlands · Exploration
    15. Capricorn Offshore Exploration Limited 1% · Scotland · Exploration
    16. Capricorn Petroleum Limited 1% · Scotland · Holding company
    17. Capricorn Resources Limited 1% · Scotland · Royalty interest
    18. Capricorn Senegal Limited 1% · Senegal · Exploration
    19. Capricorn Suriname BV 1% · The Netherlands · Exploration

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

People

7 active · 34 resigned

Name Role Appointed Born Nationality
ERVINE, Paul Alan Secretary 2023-05-31
GORDON, Maria Vladimirovna Director 2023-02-01 Feb 1974 British,Russian
HERBERT, Richard Director 2023-02-01 Jul 1958 British
MERRIN, Patrice Ellen Director 2023-06-26 Sep 1948 Canadian,Irish
MISTRY, Sachin Director 2024-05-23 Mar 1979 British
NEELY, Randall Clifford Director 2023-06-01 Jun 1966 Canadian
PITTS, James Emilian Thomas Director 2023-02-01 Jan 1966 Canadian
Show 34 resigned officers
Name Role Appointed Resigned
MCSHERRY, Anne Margaret Secretary 2020-12-01 2023-05-31
WOOD, Duncan Alexander Secretary 2002-11-13 2020-12-01
CHARLOTTE SECRETARIES LIMITED Corporate Nominee Secretary 2002-01-07 2002-11-13
ARAUJO, Luis Antonio Gomes Director 2022-05-11 2023-01-24
BERGER, Alexander Ferdinand Diederik Director 2010-05-20 2019-05-17
BROWN, Janice Margaret Director 2006-11-17 2014-05-15
BUCKEE, James William, Dr Director 2009-01-15 2014-05-15
COX, Christopher Martin Director 2023-02-01 2023-06-01
DAUGBJERG, Erik Bernhard Director 2020-05-14 2023-06-26
GAMMELL, William Benjamin Bowring, Sir Director 2002-11-13 2014-05-15
GIADROSSI, Nicoletta Carla Maria Director 2017-01-10 2023-01-24
GROSSART, Hamish Mcleod Director 2002-12-06 2010-05-20
HART, Kevin Director 2002-11-13 2006-11-17
HUNT, Todd Mclean Director 2003-05-14 2020-05-14
KALLOS, Peter Stephen Director 2015-09-01 2023-01-24
KRAJICEK, Catherine Lee Director 2019-07-01 2023-06-26
LOUGH, Keith Geddes Director 2015-05-14 2023-02-01
MCLAREN, Iain Archibald Director 2008-07-01 2018-05-15
MEIKLEJOHN, Iain Maury Campbell Nominee Director 2002-01-07 2002-11-13
MEKAWI, Hesham Saad Director 2023-02-01 2024-06-27
MURRAY, Norman Loch Director 2002-12-06 2011-06-30
SHEPPARD, Mary Jacqueline Director 2010-05-20 2018-12-31
SHILSTON, Andrew Barkley Director 2004-11-08 2008-05-23
SMITH, James Donald Director 2014-05-15 2023-02-01
STORY, Edward T Director 2002-12-06 2009-01-15
THOMS, Malcolm Shaw Director 2002-12-06 2011-06-30
THOMSON, Simon John Director 2011-07-01 2023-01-24
THOMSON, Simon John Director 2006-11-17 2011-07-01
TRACY, Philip Oliver James Director 2004-02-06 2011-06-30
TYLER, Ian Paul Director 2013-06-28 2020-12-31
TYNDALL, Mark Robert John Director 2003-10-10 2010-05-20
VAN DER LAAN DE VRIES, Craig Andrew Director 2023-02-01 2024-05-23
WATTS, Michael John, Dr Director 2002-12-06 2014-05-15
WOOD, Alison Jane Director 2019-07-01 2023-01-24

Ownership

Persons with significant control

No persons with significant control on record.

Filing timeline

Last 20 of 1211 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2025-06-03 RESOLUTIONS Resolution
Date Type Category Description
2026-04-15 CS01 confirmation-statement Confirmation statement with updates PDF
2025-07-17 AA accounts Accounts with accounts type group
2025-06-03 RESOLUTIONS resolution Resolution
2025-03-13 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-12-30 SH06 capital Capital cancellation shares
2024-12-30 SH03 capital Capital return purchase own shares
2024-12-30 SH03 capital Capital return purchase own shares
2024-12-30 SH03 capital Capital return purchase own shares
2024-12-23 SH06 capital Capital cancellation shares
2024-12-22 AAMD accounts Accounts amended with accounts type group
2024-12-05 SH06 capital Capital cancellation shares
2024-12-05 SH03 capital Capital return purchase own shares
2024-12-05 SH03 capital Capital return purchase own shares
2024-11-28 SH03 capital Capital return purchase own shares
2024-11-28 SH03 capital Capital return purchase own shares
2024-11-01 SH06 capital Capital cancellation shares
2024-11-01 SH03 capital Capital return purchase own shares
2024-11-01 SH03 capital Capital return purchase own shares
2024-11-01 SH03 capital Capital return purchase own shares
2024-10-10 SH03 capital Capital return purchase own shares

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
3

last 12 months

Capital events
15

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