PETROLEUM GEO-SERVICES (UK) LIMITED
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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
—
Latest balance sheet
Net assets
£103M
-0.4% vs 2023
Employees
—
Average over period
Profit before tax
£59K
-99.9% vs 2023
Name history
Renamed 1 time since incorporation
- PETROLEUM GEO-SERVICES (UK) LIMITED 1994-01-25 → present
- 784TH SHELF TRADING COMPANY LIMITED 1993-11-23 → 1994-01-25
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 | £0 | £0 | |
| Operating profit | £40,607,000 | -£64,000 | |
| Profit before tax | £42,252,000 | £59,000 | |
| Net profit | £42,252,000 | £59,000 | |
| Cash | — | — | |
| Total assets less current liabilities | £106,725,000 | £105,784,000 | |
| Net assets | £103,408,000 | £102,976,000 | |
| Equity | £103,408,000 | £102,976,000 | |
| 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 |
|---|---|---|---|
| Return on capital employed | 38.0% | -0.1% | |
| Current ratio | 0.01x | 0.03x | |
| Interest cover | 175.79x | -0.23x |
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
- IFRS
- 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.”
Group structure
- PETROLEUM GEO-SERVICES (UK) LIMITED · parent
- PGS Exploration (UK) Limited 100%
- PGS Geophysical (Angola) Ltd 100%
- PGS Pension Trustee Limited 100%
- Panoceanic Energy Limited 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 23 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 23 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CAINES, Michael Alan | Secretary | 2007-12-19 | 2008-08-15 |
| NEVILE, Hugh Simon | Secretary | 1994-01-14 | 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 |
| SISEC LIMITED | Corporate Nominee Secretary | 1993-11-23 | 1994-01-14 |
| BORRE LARSEN, Sven | Director | 2024-08-27 | 2025-03-15 |
| BOSWELL, Jon Chrisopher | Director | 1996-02-09 | 2002-10-15 |
| BRYN, Merethe, Ms. | Director | 2023-06-30 | 2025-03-15 |
| HAAVARDSEN, Knut | Director | 1995-01-24 | 2003-02-14 |
| HAAVIK, Arnfin | Director | 1994-01-13 | 1995-01-24 |
| HUSEBY, Christian | Director | 1994-01-13 | 1996-02-09 |
| LANGSETH, Gottfred, Mr. | Director | 2004-03-23 | 2024-08-27 |
| MACKEWN, Anthony Ross | Director | 1995-05-22 | 2003-02-14 |
| OVERSJOEN, Knut | Director | 2003-02-14 | 2004-03-23 |
| PEDERSEN, Rune Olav | Director | 2017-09-01 | 2024-08-27 |
| QUINN, Laurence Anthony | Director | 1995-01-24 | 2001-03-20 |
| REINHARDSEN, Jon Erik | Director | 2008-04-01 | 2017-08-31 |
| RENNEMO, Svein | Director | 2003-02-14 | 2008-04-01 |
| SCOTT, Michael | Director | 1999-06-01 | 2001-03-20 |
| SOIA, Amund | Director | 2024-08-27 | 2025-03-15 |
| STEEN NILSEN, Christin | Director | 2003-02-14 | 2023-06-30 |
| LOVITING LIMITED | Corporate Nominee Director | 1993-11-23 | 1994-01-13 |
| SERJEANTS' INN NOMINEES LIMITED | Corporate Nominee Director | 1993-11-23 | 1994-01-13 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Pgs Asa | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-07-20 | Active |
Filing timeline
Last 20 of 193 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-01-07 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-18 | AA | accounts | Accounts with accounts type full | |
| 2025-08-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 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 | |
| 2025-03-14 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-03-11 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-01-07 | MA | incorporation | Memorandum articles | |
| 2024-12-31 | AA | accounts | Accounts with accounts type full | |
| 2024-12-10 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-12-10 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-12-10 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-12-10 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-09-18 | AP01 | officers | Appoint person director company with name 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 | |
| 2024-09-18 | TM01 | officers | Termination director company with name termination date | |
| 2024-08-05 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- 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
—
Not reported
-
Cash
—
Not reported
-
Net assets
-0.4%
£103,408,000 £102,976,000
-
Employees
—
Not reported
-
Operating profit
-100.2%
£40,607,000 -£64,000
-
Profit before tax
-99.9%
£42,252,000 £59,000
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