PGS GEOPHYSICAL (ANGOLA) LTD.
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-08-03 (in 3mo)
Last made up 2025-07-20
Watchouts
None on the register
Cash
£131K
+68.6% vs 2023
Net assets
-£6M
-32.3% vs 2023
Employees
22
+10% vs 2023
Profit before tax
-£2M
-20.6% vs 2023
Name history
Renamed 5 times since incorporation
- PGS GEOPHYSICAL (ANGOLA) LTD. 2003-10-30 → present
- PGS PROCESSING (ANGOLA) LTD. 2001-11-22 → 2003-10-30
- PGS TENSOR (UK) LTD. 1994-04-05 → 2001-11-22
- TENSOR GEOPHYSICAL (UK) LTD. 1993-09-15 → 1994-04-05
- NOPEC (UK) MAPPING SERVICES LIMITED 1985-12-17 → 1993-09-15
- POSTAXE LIMITED 1985-11-11 → 1985-12-17
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 | £2,011,861 | £2,421,794 | |
| Operating profit | -£528,540 | -£658,265 | |
| Profit before tax | -£1,282,431 | -£1,546,331 | |
| Net profit | -£1,282,431 | -£1,546,331 | |
| Cash | £77,835 | £131,208 | |
| Total assets less current liabilities | -£4,746,479 | -£6,402,520 | |
| Net assets | -£4,789,474 | -£6,335,804 | |
| Equity | -£4,789,474 | -£6,335,804 | |
| Average employees | 20 | 22 | |
| Wages | £209,785 | £189,029 |
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 | -26.3% | -27.2% | |
| Net margin | -63.7% | -63.9% | |
| Return on capital employed | 11.1% | 10.3% | |
| Current ratio | 0.03x | 0.11x | |
| Interest cover | -0.70x | -0.74x |
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
- Crowe U.K. LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on the going concern basis which the directors believe to be appropriate. The directors have received confirmation from TGS ASA that they are committed to provide the financial support of the Company for a minimum period of 12 months from the date of approval of these financial statements. In making this assessment the directors note that the net current liabilities arose primarily as a result of the TGS Group financing arrangements. After making enquiries the directors consider TGS ASA to be a in a position to provide all necessary financial support.”
Significant events
- “On 1 July 2024, PGS ASA merged with TGS ASA.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 27 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ASHBY, William James Charles | Director | 2025-03-15 | Dec 1975 | British |
| TAYLOR, Emma Louise | Director | 2025-03-15 | Jun 1974 | British |
Show 27 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CAINES, Michael Alan | Secretary | 2007-12-19 | 2008-08-15 |
| NEVILE, Hugh Simon | Secretary | 1993-03-17 | 2005-11-02 |
| PINTO, Maria Candida Ferreira | Secretary | 2008-08-15 | 2013-09-13 |
| WAGNER, Simon David, Mr. | Secretary | 2005-11-02 | 2007-12-19 |
| ADVOKATFIRMAN VINGE AB | Corporate Secretary | — | 1993-02-11 |
| ADAMS, Robert James | Director | 2018-02-16 | 2020-09-30 |
| BANKLIEN, Einar | Director | — | 1993-02-11 |
| BORRE LARSEN, Sven, Mr. | Director | 2024-08-27 | 2025-03-15 |
| BRYN, Merethe, Ms. | Director | 2023-06-30 | 2025-03-15 |
| CATHER, Simon Connal, Mr. | Director | 2008-05-06 | 2018-02-16 |
| DRAGE, Christopher | Director | 2020-10-01 | 2025-03-15 |
| ENG, Rune, Mr. | Director | 2001-11-20 | 2010-11-05 |
| FRENCH, William Stanley | Director | 1994-03-18 | 1995-03-20 |
| HAAVIK, Arnfin | Director | — | 1995-01-31 |
| HOLST, Alexander Martinus | Director | 2001-02-13 | 2001-11-20 |
| JACKSON, Alan Andrew, Doctor | Director | 1995-01-01 | 1997-08-17 |
| JOHANSEN, Svein | Director | — | 1993-02-11 |
| KARAS, Adel | Director | 1994-03-18 | 1995-03-20 |
| LANGSETH, Gottfred, Mr. | Director | 2010-05-07 | 2024-08-27 |
| LYNN, Walter S | Director | 1995-01-01 | 2000-11-27 |
| NILSEN, Nils | Director | — | 1993-02-11 |
| STEEN-NILSEN, Christin | Director | 2010-05-07 | 2023-06-30 |
| TORDO, Silvana, Dr | Director | 2001-11-20 | 2003-04-01 |
| TORVANGER, Olve | Director | — | 1993-02-11 |
| USHER, Christopher Theron | Director | 2001-11-20 | 2003-10-24 |
| VASEY, Steven | Director | 1997-09-01 | 2001-02-13 |
| WHEALING, Daniel | Director | 2003-10-24 | 2008-05-06 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Petroleum Geo-Services (Uk) Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors, Significant influence | 2016-07-20 | Active |
Filing timeline
Last 20 of 188 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-04 | AA | accounts | Accounts with accounts type full | |
| 2026-03-04 | DISS40 | gazette | Gazette filings brought up to date | |
| 2026-03-03 | GAZ1 | gazette | Gazette notice compulsory | |
| 2025-08-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-02 | AA | accounts | Accounts with accounts type full | |
| 2025-03-27 | AP01 | officers | Appoint person director company with name date | |
| 2025-03-27 | AP01 | officers | Appoint person director company with name date | |
| 2025-03-27 | TM01 | officers | Termination director company with name termination date | |
| 2025-03-27 | TM01 | officers | Termination director company with name termination date | |
| 2025-03-27 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-18 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-18 | TM01 | officers | Termination director company with name termination date | |
| 2024-08-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-05-20 | AA | accounts | Accounts with accounts type full | |
| 2023-08-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-07 | AP01 | officers | Appoint person director company with name date | |
| 2023-07-07 | TM01 | officers | Termination director company with name termination date | |
| 2023-05-11 | AA | accounts | Accounts with accounts type full | |
| 2022-10-28 | CH01 | officers | Change person director company with change date | |
| 2022-10-28 | CH01 | officers | Change person director company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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
-
Turnover
+20.4%
£2,011,861 £2,421,794
-
Cash
+68.6%
£77,835 £131,208
-
Net assets
-32.3%
-£4,789,474 -£6,335,804
-
Employees
+10%
20 22
-
Operating profit
-24.5%
-£528,540 -£658,265
-
Profit before tax
-20.6%
-£1,282,431 -£1,546,331
-
Wages
-9.9%
£209,785 £189,029
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