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Cash

£75K

USD 100,000

Latest balance sheet

Net assets

£5.8M

USD 7,700,000

-83% lowest in 3 filed years

Employees

0

Average over period

Profit before tax

-£32M

USD -42,400,000

+86.2% highest 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 £0£0-£225,513
Profit before tax -£36,758,626-£231,601,894-£31,872,510 +86.2%
Net profit -£36,758,626-£231,601,894-£28,339,472 +87.8%
Cash £99,451,252£0£75,171
Total assets less current liabilities £265,729,535£34,127,640
Net assets £265,729,535£34,127,640£5,788,168 -83%
Equity £265,729,535£34,127,640£5,788,168 -83%
Average employees 000
Wages
Directors' remuneration £3,683,380£902,052£1,879,275 +108.3%

Figures converted to GBP from USD at 0.752 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 . 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 0.0%0.0%
Gearing (liabilities / total assets) 55.7%89.9%98.4%
Current ratio 0.30x0.01x
Interest cover 0.00x0.00x-0.01x

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

  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

Audit & accounting basis

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 the 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 Energy Mexico S. de R.L. de C.V. 100% · Mexico · Exploration
    5. Capricorn Low Carbon Solutions Limited 100% · England · Carbon trading
    6. Capricorn Mauritania Limited 100% · Scotland · Exploration
    7. Capricorn Nicaragua BV 100% · The Netherlands · Exploration
    8. Capricorn Petroleum Limited 100% · Scotland · Holding company
    9. Capricorn Resources Management Limited 100% · Scotland · Royalty interest
    10. Capricorn Suriname BV 100% · The Netherlands · Exploration
    11. Capricorn Energy UK Limited 100% · England · Exploration
    12. Capricorn Egypt Limited 100% · England · Exploration
    13. Agora Oil and Gas (UK) Limited 100% · Scotland · Exploration

Significant events

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

People

4 active · 24 resigned

Name Role Appointed Born Nationality
ERVINE, Paul Alan Secretary 2023-06-07
ERVINE, Paul Alan Director 2023-08-01 Feb 1986 British
NEELY, Randall Clifford Director 2023-06-07 Jun 1966 Canadian
PIPER, Nathan Gresham Director 2023-08-01 Apr 1975 British
Show 24 resigned officers
Name Role Appointed Resigned
MCSHERRY, Anne Margaret Secretary 2020-12-01 2023-06-07
WOOD, Duncan Alexander Secretary 2006-04-24 2020-12-01
BERGER, Alexander Director 2007-09-19 2009-06-03
BROWN, Janice Margaret Director 2007-02-16 2014-05-15
COX, Christopher Martin Director 2023-04-11 2023-06-07
GAMMELL, William Benjamin Bowring, Sir Director 2006-04-24 2011-07-11
GROSSART, Hamish Mcleod Director 2007-12-05 2008-12-31
HART, Kevin Director 2006-04-28 2006-11-17
HATHON, Eric Gene Director 2021-06-21 2023-04-20
HEATON, Richard Charles Director 2008-01-23 2017-05-19
HUNT, Todd Mclean Director 2007-12-05 2008-12-31
MAWDSLEY, Clare Louise Director 2023-04-11 2023-08-01
MAYLAND, Paul Joseph Director 2014-05-15 2023-04-20
MCLAREN, Iain Archibald Director 2008-07-02 2008-12-31
MURRAY, Norman Loch Director 2007-12-05 2008-12-31
SHILSTON, Andrew Barkley Director 2007-12-05 2008-05-23
SMITH, James Donald Director 2014-05-15 2023-04-11
STORY, Edward T Director 2007-12-05 2008-12-31
THOMS, Malcolm Shaw Director 2006-04-28 2011-06-30
THOMSON, Simon John Director 2007-04-03 2023-04-11
TRACY, Philip Oliver James Director 2007-05-11 2011-06-30
TYNDALL, Mark Robert John Director 2007-12-05 2008-12-31
VEENHOF, Epeus Nicolaas Director 2009-06-24 2009-11-27
WATTS, Michael John, Dr Director 2006-04-24 2014-05-15

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Capricorn Energy Plc Corporate entity Shares 75–100%, Voting 75–100% (as firm), Appoints directors 2016-04-06 Active

Filing timeline

Last 20 of 185 total filings

Date Type Category Description
2026-06-20 AA accounts Accounts with accounts type full
2026-06-17 AD01 address Change registered office address company with date old address new address PDF
2026-05-26 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-07-24 AA accounts Accounts with accounts type full
2025-05-19 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-10-07 AA accounts Accounts with accounts type full
2024-05-27 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-08-07 AA accounts Accounts with accounts type full
2023-08-01 AP01 officers Appoint person director company with name date PDF
2023-08-01 AP01 officers Appoint person director company with name date PDF
2023-08-01 TM01 officers Termination director company with name termination date PDF
2023-06-09 AP01 officers Appoint person director company with name date PDF
2023-06-09 AP03 officers Appoint person secretary company with name date PDF
2023-06-09 TM01 officers Termination director company with name termination date PDF
2023-06-09 TM02 officers Termination secretary company with name termination date PDF
2023-05-18 CS01 confirmation-statement Confirmation statement with updates PDF
2023-04-20 TM01 officers Termination director company with name termination date PDF
2023-04-20 TM01 officers Termination director company with name termination date PDF
2023-04-12 AP01 officers Appoint person director company with name date PDF
2023-04-12 AP01 officers Appoint person director company with name 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