PHAROS ENERGY PLC
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Next accounts due
2026-06-30 (in 1mo)
Last filed for 2024-12-31
Confirmation statement due
2026-07-15 (in 2mo)
Last made up 2025-07-01
Watchouts
None on the register
Cash
£12M
-49.4% vs 2023
Net assets
£216M
+5.7% vs 2023
Employees
35
-7.9% vs 2023
Profit before tax
£28M
+285.5% vs 2023
Name history
Renamed 2 times since incorporation
- PHAROS ENERGY PLC 2019-10-16 → present
- SOCO INTERNATIONAL PLC 1997-03-13 → 2019-10-16
- SIGNTIMED PUBLIC LIMITED COMPANY 1997-01-10 → 1997-03-13
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 | £124,462,565 | £100,815,419 | |
| Operating profit | -£13,417,346 | £47,664,937 | |
| Profit before tax | -£14,825,797 | £27,501,853 | |
| Net profit | -£36,174,944 | £17,494,440 | |
| Cash | £24,166,049 | £12,231,282 | |
| Total assets less current liabilities | £303,113,417 | £303,632,320 | |
| Net assets | £204,002,965 | £215,567,087 | |
| Equity | £204,002,965 | £215,567,087 | |
| Average employees | 38 | 35 | |
| Wages | £5,040,771 | £4,521,868 |
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 | -10.8% | 47.3% | |
| Net margin | -29.1% | 17.4% | |
| Return on capital employed | -4.4% | 15.7% | |
| Gearing (liabilities / total assets) | 39.8% | 31.9% | |
| Current ratio | 2.09x | 4.18x | |
| Interest cover | -2.35x | 29.23x |
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
- Consolidated group
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors' assessment of going concern has been explicitly affirmed by the Board”
Group structure
- PHAROS ENERGY PLC · parent
- OPECO Vietnam Limited 100%
- SOCO Vietnam Limited 100%
- Pharos Exploration Limited 100%
- Pharos SEA Limited 100%
- SOCO Exploration (Vietnam) Limited 100%
- OPECO, Inc 100%
- Pharos El Fayum 100%
- SOCO Management Services, Inc 100%
- Pharos Energy Israel Limited 100%
Significant events
- “The Group's working interest 2024 production was 5,801 boepd net, in line with the Group's production guidance of 5,200 to 6,500 boepd.”
- “The ongoing Russia/Ukraine conflict continued to impact global energy markets throughout 2024”
- “The outbreak of conflict in Israel and Gaza also had a noticeable effect on oil prices”
- “Egypt faced persistent economic and financial headwinds”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 30 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HUNTER, Anthony George | Secretary | 2017-11-12 | — | — |
| FELIX SARAIVA E SILVA, Joao Pedro | Director | 2025-06-26 | Jul 1977 | Portuguese |
| GREEN, Geoffrey Stephen | Director | 2020-05-20 | Sep 1949 | British |
| HIGGS, William George, Dr | Director | 2024-01-16 | Jul 1964 | British |
| MITCHELL, Lisa | Director | 2020-04-01 | Aug 1967 | Australian |
| RIVETT, Susan Jane | Director | 2021-07-01 | Feb 1962 | British |
| ROE, Katherine Louise Margiad | Director | 2024-07-01 | Jan 1978 | British |
Show 30 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CAGLE, Cynthia Beach | Secretary | 1997-02-21 | 2017-11-12 |
| SWIFT INCORPORATIONS LIMITED | Corporate Nominee Secretary | 1997-01-10 | 1997-02-21 |
| BARBAROUX, Olivier Michel Georges | Director | 1999-07-13 | 2018-06-07 |
| BRITTAIN, Roger William | Director | 1997-08-04 | 2004-05-05 |
| BROWN, Janice Margaret | Director | 2017-11-12 | 2024-04-30 |
| CABECADAS COELHO DE SOUSA, Rui Manuel | Director | 1999-07-13 | 2020-03-13 |
| CAGLE, Cynthia Beach | Director | 2012-12-05 | 2017-11-12 |
| CAGLE, Cynthia Beach | Director | 1997-02-21 | 1997-04-25 |
| CAGLE, Roger Dale | Director | 1997-02-21 | 2017-11-12 |
| CATHERY, Robert Maitland | Director | 2001-06-19 | 2016-06-09 |
| CONTINI, Ettore Paolo Michele | Director | 2001-12-10 | 2020-05-20 |
| DARYABEGUI, Marianne | Director | 2019-03-15 | 2024-05-23 |
| DARYABEGUI, Marianne | Director | 2013-10-01 | 2016-10-20 |
| GRAY, Robert Gresham | Director | 2013-12-09 | 2022-05-19 |
| JOHNS, Michael Charles | Director | 2011-06-23 | 2013-09-30 |
| KINGSTON, Peter Eric | Director | 1997-04-25 | 2011-06-23 |
| MARTIN, John Edward | Director | 2018-06-07 | 2025-06-25 |
| MARTINS MONTEIRO, Antonio Victor, Ambassador | Director | 2009-06-10 | 2019-05-23 |
| MAUGEIN, Patrick Christian Jean | Director | 1999-07-12 | 2006-12-06 |
| MERCIER, Daniel Anthony | Director | 1998-09-08 | 1999-07-13 |
| NORTON, John Charles | Director | 1997-04-25 | 2016-06-09 |
| ROBERTS, Martin John Dickin | Director | 2004-09-07 | 2011-06-23 |
| SIMANDOUX, Pierre Rene | Director | 1997-04-25 | 1999-07-13 |
| SNYDER, John Childress | Director | 1997-04-25 | 2009-06-10 |
| STORY, Edward T | Director | 1997-04-25 | 2022-03-23 |
| TAYLOR, Timothy Dale | Director | 1997-04-25 | 1999-07-13 |
| WATTS, Michael John, Dr | Director | 2017-11-12 | 2022-03-23 |
| WATTS, Michael John, Dr | Director | 2009-08-14 | 2017-01-31 |
| INSTANT COMPANIES LIMITED | Corporate Nominee Director | 1997-01-10 | 1997-02-21 |
| SWIFT INCORPORATIONS LIMITED | Corporate Nominee Director | 1997-01-10 | 1997-02-21 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 527 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-06-04 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-22 | CH03 | officers | Change person secretary company with change date | |
| 2025-10-13 | SH01 | capital | Capital allotment shares | |
| 2025-08-26 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-08-26 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-07-29 | SH05 | capital | Capital cancellation treasury shares with date currency capital figure | |
| 2025-07-17 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-07-10 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-30 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-04 | RESOLUTIONS | resolution | Resolution | |
| 2025-06-04 | AA | accounts | Accounts with accounts type group | |
| 2025-04-10 | SH01 | capital | Capital allotment shares | |
| 2025-04-04 | SH01 | capital | Capital allotment shares | |
| 2025-03-11 | SH06 | capital | Capital cancellation shares | |
| 2025-03-11 | SH01 | capital | Capital allotment shares | |
| 2025-03-06 | SH03 | capital | Capital return purchase own shares | |
| 2025-03-06 | SH03 | capital | Capital return purchase own shares | |
| 2025-03-05 | SH06 | capital | Capital cancellation shares | |
| 2025-02-03 | SH06 | capital | Capital cancellation shares | |
| 2025-02-03 | SH06 | capital | Capital cancellation shares | |
| 2025-02-03 | SH03 | capital | Capital return purchase own shares |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 10
- Capital events
- 12
- Officers appointed
- 1
- Officers resigned
- 1
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
-19%
£124,462,565 £100,815,419
-
Cash
-49.4%
£24,166,049 £12,231,282
-
Net assets
+5.7%
£204,002,965 £215,567,087
-
Employees
-7.9%
38 35
-
Operating profit
+455.2%
-£13,417,346 £47,664,937
-
Profit before tax
+285.5%
-£14,825,797 £27,501,853
-
Wages
-10.3%
£5,040,771 £4,521,868
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