CAPRICORN OIL LIMITED

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

  —

  Not reported

• Cash

  -100%

  £98,901,099 → £0

• Net assets

  -87.2%

  £264,259,550 → £33,938,850

• Employees

  —

  Not reported

• Profit before tax

  -530.1%

  -£36,555,281 → -£230,320,700

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. CAPRICORN OIL LIMITED 2008-03-31 → present
2. CAPRICORN ENERGY LIMITED 2006-09-04 → 2008-03-31
3. CAIRN RESOURCES LIMITED 2006-04-24 → 2006-09-04

Accounting basis

IFRS

Reporting scope

Standalone (parent only)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have a reasonable expectation that the Company will continue in operational existence for a period of at least 12 months from the date of approval of these Financial Statements and have therefore used the going concern basis in preparing the Financial Statements.”

Group structure

1. CAPRICORN OIL LIMITED · parent
   1. Capricorn Energy Holdings Limited 100% · Scotland · Holding company
   2. Capricorn Egypt (Holding) Limited 100% · England · Holding company
   3. Capricorn Americas Limited 100% · Scotland · Holding company
   4. Capricorn Côte d'Ivoire Limited 100% · Scotland · Exploration
   5. Capricorn Energy Mexico S. de R.L. de C.V. 100% · Mexico · Exploration
   6. Capricorn Exploration and Development Company Limited 100% · Scotland · Exploration
   7. Capricorn Low Carbon Solutions Limited 100% · England · Carbon trading
   8. Capricorn Mauritania Limited 100% · Scotland · Exploration
   9. Capricorn Nicaragua BV 100% · The Netherlands · Exploration
   10. Capricorn Petroleum Limited 100% · Scotland · Holding company
   11. Capricorn Resources Management Limited 100% · Scotland · Royalty interest
   12. Capricorn Offshore Exploration Limited 100% · Scotland · Exploration
   13. Capricorn Suriname BV 100% · The Netherlands · Exploration
   14. Capricorn Energy UK Limited 100% · England · Exploration
   15. Capricorn Egypt Limited 100% · England · Exploration
   16. Agora Oil and Gas (UK) Limited 100% · Scotland · Exploration

Significant events

• “During the year Capricorn Oil Limited made a loss of $308.1m (2023: loss of $48.9m). This was mainly due to the waiver of an intercompany loan to its subsidiary Capricorn Egypt (Holding) Limited of $293.9m (2023: loss incurred was mainly due to interest payable on an intercompany loan of $53.7m).”
• “In June 2024, the Company waived $293.9m due from its subsidiary, Capricorn Egypt (Holding) Limited, which was offset against amounts due from the subsidiary.”

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

Filings

2

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.