WALDORF PETROLEUM RESOURCES LIMITED
Get an alert when WALDORF PETROLEUM RESOURCES 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
2025-09-30
Overdue
Confirmation statement due
2027-03-30 (in 10mo)
Last made up 2026-03-16
Watchouts
Cash
£873K
-28.9% vs 2022
Net assets
-£103M
-432.7% vs 2022
Employees
3
-82.4% vs 2022
Profit before tax
-£134M
+17.8% vs 2022
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Insolvency history on file
Companies House holds prior insolvency events for this company. Detail and outcome on the official register.
-
Annual accounts overdue
Due 2025-09-30.
-
Material uncertainty over going concern
The Directors concluded that it is appropriate to adopt the going concern basis of preparation, noting that two material uncertainties were identified in their assessment, which include a number of events which are outside of the control of the Board. As disclosed in note 1.4, the financial statements of the Group are prepared on the assumption that the Group will continue as a going concern predicated on the successful completion of the sale of the "Target Group"... and "...the Directors have identified a number of material uncertainties with respect to going concern."
-
Audit opinion: Disclaimer of opinion
Latest auditor's report carried a non-clean opinion.
-
4 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Name history
Renamed 3 times since incorporation
- WALDORF PETROLEUM RESOURCES LIMITED 2023-04-26 → present
- ALPHA PETROLEUM RESOURCES LIMITED 2014-02-18 → 2023-04-26
- ATP OIL & GAS (UK) LIMITED 2000-05-05 → 2014-02-18
- RBCO 403 LIMITED 2000-03-16 → 2000-05-05
Net assets
2-year trend · vs Energy median
Accounts
2-year trend · latest reflected 2023-12-31
| Metric | Trend | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Turnover | £1,564,000 | £246,000 | |
| Operating profit | -£145,549,000 | -£130,135,000 | |
| Profit before tax | -£163,527,000 | -£134,433,000 | |
| Net profit | -£163,527,000 | -£134,433,000 | |
| Cash | £1,228,000 | £873,000 | |
| Total assets less current liabilities | £57,870,000 | -£73,009,000 | |
| Net assets | £31,066,000 | -£103,367,000 | |
| Equity | £31,066,000 | -£103,367,000 | |
| Average employees | 17 | 3 | |
| Wages | £1,724,000 | £776,000 |
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 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating margin | -9306.2% | -52900.4% | |
| Net margin | -10455.7% | -54647.6% | |
| Return on capital employed | -251.5% | 178.2% | |
| Gearing (liabilities / total assets) | 77.7% | 646.5% | |
| Current ratio | 0.02x | 0.02x | |
| Interest cover | -8.09x | -27.86x |
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
- Disclaimer of opinion
- Going concern
- Material uncertainty disclosed
“The Directors concluded that it is appropriate to adopt the going concern basis of preparation, noting that two material uncertainties were identified in their assessment, which include a number of events which are outside of the control of the Board. As disclosed in note 1.4, the financial statements of the Group are prepared on the assumption that the Group will continue as a going concern predicated on the successful completion of the sale of the "Target Group"... and "...the Directors have identified a number of material uncertainties with respect to going concern."”
Significant events
- “On 26 April 2023, the Company changed its name from Alpha Petroleum Resources Limited to Waldorf Petroleum Resources Limited.”
- “The Group faced liquidity challenges in the first half of 2024 resulting in a number of actions taken by the Board.”
- “On 30 October 2024, it was announced that the rate of the Energy Profits Levy would increase to 38% from 1 November 2024, the period for which the levy applies would be extended to 31 March 2030, and investment allowances previously available would be removed.”
- “The Company transferred operatorship of the Tors and Wenlock fields to Energean UK Ltd effective 1 April 2024. WPRL remains operator of the Helvellyn field.”
- “Following extensive discussions with the NSTA regarding an extension to the second term of licence P.1070 (containing the Cheviot field), the NSTA decided not to approve the Company's extension request. The licence was subsequently relinquished effective 30 November 2024.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 21 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MULCAHY, Matthew | Director | 2025-05-15 | Jun 1971 | English |
| TANNER, Paul Martyn, Roger | Director | 2022-11-01 | Jul 1973 | British |
Show 21 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| OVERBEY, Carol | Secretary | 2000-05-08 | 2002-06-14 |
| PLUME, Isabel | Secretary | 2002-06-14 | 2012-11-30 |
| RB SECRETARIAT LIMITED | Corporate Nominee Secretary | 2000-03-16 | 2000-05-08 |
| BRODAHL, Erik | Director | 2022-11-01 | 2025-05-15 |
| BULMAHN, Theodore Paul | Director | 2000-05-08 | 2012-09-07 |
| CHINTALAPATI, Aaditya | Director | 2022-11-01 | 2025-05-15 |
| CLAYTON, Nicholas John | Director | 2014-04-22 | 2022-11-04 |
| CROUCH, Andrew Edward | Director | 2014-07-23 | 2022-11-04 |
| FORBES, Graham Andrew | Director | 2024-08-16 | 2025-05-23 |
| NEILSON, Derek Andrew | Director | 2022-11-01 | 2024-04-15 |
| OVERBEY, Carol | Director | 2000-05-08 | 2002-06-14 |
| PLUME, Isabel | Director | 2004-07-11 | 2012-11-30 |
| PROCTOR, Charles Richard Faraday | Director | 2017-06-09 | 2020-04-24 |
| REIS, Daniel | Director | 2014-02-13 | 2022-11-04 |
| SKABO, Jon Bard | Director | 2022-11-01 | 2025-05-15 |
| SUBBIAH, Arun, Dr. | Director | 2014-02-13 | 2022-11-04 |
| TSCHIRHART, John | Director | 2000-05-08 | 2012-11-30 |
| TURNER, Adrian Charles | Director | 2013-01-29 | 2014-07-23 |
| TURNER, Adrian Charles | Director | 2001-05-14 | 2004-07-09 |
| WALTERS, Graham Ralph | Director | 2012-11-06 | 2022-11-04 |
| RB DIRECTORS ONE LIMITED | Corporate Nominee Director | 2000-03-16 | 2000-05-08 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Waldorf Production Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2022-11-04 | Active |
| Alpha Petroleum (Uk) Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2016-04-06 | Ceased 2022-11-04 |
Filing timeline
Last 20 of 166 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-01-03 | AA | accounts | Accounts with accounts type full | |
| 2025-08-12 | CVA4 | insolvency | Liquidation voluntary arrangement completion | |
| 2025-05-28 | TM01 | officers | Termination director company with name termination date | |
| 2025-05-20 | AP01 | officers | Appoint person director company with name date | |
| 2025-05-20 | TM01 | officers | Termination director company with name termination date | |
| 2025-05-20 | TM01 | officers | Termination director company with name termination date | |
| 2025-05-20 | TM01 | officers | Termination director company with name termination date | |
| 2025-04-04 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-04-04 | CH01 | officers | Change person director company with change date | |
| 2025-04-04 | CH01 | officers | Change person director company with change date | |
| 2025-04-03 | CH01 | officers | Change person director company with change date | |
| 2025-04-02 | CH01 | officers | Change person director company with change date | |
| 2025-04-02 | CH01 | officers | Change person director company with change date | |
| 2025-04-02 | CH01 | officers | Change person director company with change date | |
| 2025-03-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-03-10 | CVA3 | insolvency | Liquidation cva supervisors abstract of receipts payments with brought down date | |
| 2024-08-28 | AP01 | officers | Appoint person director company with name date | |
| 2024-08-14 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-04-16 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 4
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
FY2022 → FY2023 · period ending 2023-12-31 vs 2022-12-31
-
Turnover
-84.3%
£1,564,000 £246,000
-
Cash
-28.9%
£1,228,000 £873,000
-
Net assets
-432.7%
£31,066,000 -£103,367,000
-
Employees
-82.4%
17 3
-
Operating profit
+10.6%
-£145,549,000 -£130,135,000
-
Profit before tax
+17.8%
-£163,527,000 -£134,433,000
-
Wages
-55%
£1,724,000 £776,000
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