SHELL PROPERTY COMPANY LIMITED

1. SHELL PROPERTY COMPANY LIMITED 1981-12-31 → present
2. "SHELL"OVERSEAS EXPLORATION COMPANY LIMITED 1937-04-19 → 1981-12-31

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. 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.

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In determining the appropriate basis of preparation of the financial statements, the Directors are required to consider whether the Company can continue in operational existence over the period to 31 December 2026 (the 'going concern period'). The Directors have considered the potential risks and uncertainties relating to ongoing geo-political events and its related economic impact on the Company's business, credit, market, and liquidity position. Based on the above, together with the Directors knowledge and experience of the market, the Directors consider it appropriate to prepare the financial statements, for the year ended 31 December 2024 on a going concern basis.”

Group structure

1. SHELL PROPERTY COMPANY LIMITED · parent
   1. Gainrace Limited 100% · United Kingdom · development of land and property investment

Significant events

• “No significant change in the business of the Company has taken place during the year or is expected in the immediately foreseeable future. Demolition of Tullos property is expected to be completed in early 2025. The Company is exploring on the options for alternative utilization of the site, including exploring the potential for an EV charging hub.”

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

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -98.2%

  £18,936,000 → £349,000

• Cash

  —

  Not reported

• Net assets

  +0.9%

  £71,841,000 → £72,523,000

• Employees

  —

  Not reported

• Operating profit

  -96.1%

  £18,102,000 → £703,000

• Profit before tax

  -89.1%

  £18,233,000 → £1,986,000

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