TRANSWORLD PETROLEUM (U.K.) LIMITED
Get an alert when TRANSWORLD PETROLEUM (U.K.) LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-03-06 (in 10mo)
Last made up 2026-02-20
Watchouts
Cash
—
Latest balance sheet
Net assets
-£36M
Equity attributable
Employees
—
Average over period
Profit before tax
-£296K
Period ending 2024-12-31
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
Directors consider that this represents a material uncertainty that may cast significant doubt on the Group's and Company's ability to continue as a going concern. These financial statements do not include any adjustments to the carrying amount or classifications of assets and liabilities that would result if the financial statements had not been prepared on a going concern basis.
-
3 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Net assets
2-year trend · vs Energy median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £76,895,478 | £37,439,585 | |
| Operating profit | £5,648,629 | £4,076,353 | |
| Profit before tax | £761,305 | -£295,775 | |
| Net profit | £35,865,085 | £1,893,996 | |
| Cash | — | — | |
| Total assets less current liabilities | £72,733,136 | £67,735,360 | |
| Net assets | -£38,334,322 | -£36,440,326 | |
| Equity | -£38,334,322 | -£36,440,326 | |
| Average employees | — | — | |
| Wages | — | — |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 7.3% | 10.9% | |
| Net margin | 46.6% | 5.1% | |
| Return on capital employed | 7.8% | 6.0% | |
| Gearing (liabilities / total assets) | 137.3% | 133.3% | |
| Current ratio | 0.78x | 1.12x | |
| Interest cover | 0.87x | 0.63x |
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.
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“Directors consider that this represents a material uncertainty that may cast significant doubt on the Group's and Company's ability to continue as a going concern. These financial statements do not include any adjustments to the carrying amount or classifications of assets and liabilities that would result if the financial statements had not been prepared on a going concern basis.”
Significant events
- “The group performed a review of its onshore operating model and identified changes necessary to ensure efficient, sustainable operations into the future. A collective consultation for the onshore team started on 19 April 2024 leading to up to 64 redundancies. On a further step in the review of the operating model, a collective consultation for the Flotta terminal was launched on 21 February 2025 and for the offshore installations on 7 March 2025. Expected redundancies for these last two processes are expected to be up to 38.”
- “On 27 March 2025 Repsol E&P and NEO Energy Group Limited ("NEO UK") announced an agreement to consolidate their UK North Sea upstream business through a share-for-share combination.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 55 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MCINTOSH, Andrew Graham | Secretary | 2025-07-29 | — | — |
| BURNESS PAULL LLP | Corporate Secretary | 2025-07-29 | — | — |
| GAIR, Robert Huw | Director | 2025-07-29 | Oct 1980 | British |
| MCINTOSH, Andrew Graham | Director | 2025-07-29 | Jul 1973 | British |
| PAYER, Nicolas Bertrand | Director | 2026-03-30 | Sep 1965 | French |
| RIGARDO, Ferdinando | Director | 2024-09-30 | Feb 1965 | Italian |
Show 55 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BARBARA, Gemma | Secretary | 2014-01-20 | 2025-07-29 |
| BUTLER, Brenda Mary | Secretary | 1996-01-31 | 1999-04-05 |
| COWIE, Louise Anne | Secretary | 2004-02-16 | 2006-07-26 |
| CRAW, Jacquelynn Forsyth | Secretary | 2002-07-12 | 2009-12-22 |
| LOWSON, Gillian | Secretary | 2009-12-22 | 2013-06-17 |
| LOWSON, Gillian | Secretary | 2009-12-22 | 2009-12-22 |
| WATERS, Kenneth | Secretary | — | 1996-01-31 |
| ZEMP, Gary Rulon | Secretary | 1999-04-05 | 2002-07-12 |
| AINSLEY, Nicholas Wilhelm | Director | 2009-01-06 | 2010-06-30 |
| AINSLEY, Nicholas Wilhelm | Director | 2003-10-09 | 2003-10-29 |
| BAILLIE, John Robert | Director | 2014-10-27 | 2016-03-31 |
| BLAKELEY, Alexander Paul | Director | 1998-07-31 | 2005-12-12 |
| BOOHER, Rodney | Director | 2010-06-30 | 2011-03-01 |
| BOYD, David Gordon Murdoch | Director | — | 1995-01-03 |
| BUCKEE, James William | Director | 1996-01-29 | 2007-09-30 |
| CABRA, Luis Aurelio | Director | 2015-05-08 | 2018-09-27 |
| CHEN, Guangjun | Director | 2017-03-27 | 2017-08-21 |
| COX, Thomas Francis | Director | 1992-10-19 | 1996-01-23 |
| CRAW, Jacquelynn Forsyth | Director | 2004-01-01 | 2009-12-16 |
| DAWSON, Andrew Philip | Director | 1999-06-07 | 2003-04-01 |
| DE VICENTE BRAVO, Jose Carlos | Director | 2018-09-27 | 2024-09-30 |
| DOLAN, Philip David | Director | 2007-10-01 | 2012-12-17 |
| FERNEYHOUGH, Paul Anthony | Director | 2009-12-23 | 2010-01-29 |
| FORREST, John Eason | Director | 2009-08-17 | 2011-01-28 |
| FORREST, John Eason | Director | 2008-12-16 | 2009-01-05 |
| GARCIA BLANCO, Manuel Tomas | Director | 2015-09-30 | 2022-09-08 |
| GAVIN, Adrian | Director | 2012-08-09 | 2012-12-17 |
| HESLOP, David Owen | Director | 2008-09-22 | 2008-11-04 |
| HOLMES, Geoffrey Robert | Director | 2011-02-03 | 2012-12-17 |
| HOLMES, Geoffrey Robert | Director | 2008-12-16 | 2009-01-06 |
| LIU, Rudong | Director | 2017-07-18 | 2018-07-05 |
| LO, Che Hung | Director | 2017-08-21 | 2020-12-31 |
| MANDERSON, Michael Lindsay | Director | 2010-06-30 | 2011-03-01 |
| MCDONALD, Michael Dean | Director | 1996-01-23 | 1998-09-30 |
| MITHEN, David Patrick | Director | 1998-09-30 | 2009-01-05 |
| MOORE, Dale Kelly | Director | 2018-07-05 | 2023-10-31 |
| POTTER, Shaun Timothy | Director | 2008-09-22 | 2008-11-04 |
| RIQUELME, Francisco Jose Gea Pascual Del | Director | 2022-09-08 | 2024-09-30 |
| RITCHIE, Duncan | Director | — | 1996-01-23 |
| ROONEY, Robert Ross | Director | 2013-05-20 | 2015-05-08 |
| SHEIKH, Adam Alum | Director | 2024-09-30 | 2026-03-30 |
| SHEPPARD, Mary Jacqueline | Director | 1996-01-29 | 2008-09-01 |
| STABBINS, Richard, Dr | Director | — | 1996-01-23 |
| THOMSON, Scott | Director | 2012-12-17 | 2013-05-20 |
| VALDERRAMA, German Dario Castro | Director | 2024-09-30 | 2025-07-29 |
| VAN DER GAAG, Aernout | Director | 2011-03-01 | 2012-08-09 |
| VAN GELOVEN, Johannes Franciscus | Director | 2016-04-01 | 2016-07-12 |
| WALKER, Nicholas John Robert | Director | 2005-12-12 | 2009-08-17 |
| WARRENDER, John Mcandrew | Director | 2016-07-13 | 2017-07-18 |
| WARWICK, Paul Cyril | Director | 2012-12-17 | 2015-09-30 |
| WATERS, Kenneth | Director | — | 1996-01-23 |
| WHYTE, Douglas | Director | 2011-03-01 | 2012-12-17 |
| YE, Jifeng | Director | 2012-12-17 | 2014-10-27 |
| ZHANG, Yi | Director | 2012-12-17 | 2017-03-27 |
| ZHAO, Quanmin | Director | 2020-12-31 | 2023-10-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Neo Next + Energy North Sea Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 256 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-10-22 CC04 Statement of companys objects
- 2025-10-07 MA Memorandum articles
- 2025-10-07 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-07 | TM01 | officers | Termination director company with name termination date | |
| 2026-04-02 | AP01 | officers | Appoint person director company with name date | |
| 2026-04-01 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2026-03-04 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-10-22 | CC04 | change-of-constitution | Statement of companys objects | |
| 2025-10-14 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-10-13 | AP04 | officers | Appoint corporate secretary company with name date | |
| 2025-10-07 | MA | incorporation | Memorandum articles | |
| 2025-10-07 | RESOLUTIONS | resolution | Resolution | |
| 2025-10-07 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-08-28 | CH01 | officers | Change person director company with change date | |
| 2025-08-05 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-07-31 | RP04AP01 | officers | Second filing of director appointment with name | |
| 2025-07-30 | AP01 | officers | Appoint person director company with name date | |
| 2025-07-30 | AP01 | officers | Appoint person director company with name date | |
| 2025-07-30 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-30 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-07-30 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-07-30 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-04-25 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 19
- Capital events
- 0
- Officers appointed
- 5
- Officers resigned
- 3
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.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31