WORLEY EUROPE LTD
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Next accounts due
2026-06-30 (in 1mo)
Last filed for 2024-06-30
Confirmation statement due
2026-09-09 (in 4mo)
Last made up 2025-08-26
Watchouts
None on the register
Cash
£595K
+218.2% vs 2023
Net assets
£196M
-14% vs 2023
Employees
1,200
+24.5% vs 2023
Profit before tax
-£18M
-182.6% vs 2023
Name history
Renamed 3 times since incorporation
- WORLEY EUROPE LTD 2019-05-15 → present
- WORLEYPARSONS EUROPE LIMITED 2005-07-01 → 2019-05-15
- PARSONS E&C EUROPE LIMITED 2002-01-29 → 2005-07-01
- PCO 311 LIMITED 2001-12-05 → 2002-01-29
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-06-30
| Metric | Trend | 2023-06-30 | 2024-06-30 |
|---|---|---|---|
| Turnover | £371,172,000 | £477,646,000 | |
| Operating profit | £39,128,000 | £35,054,000 | |
| Profit before tax | £22,205,000 | -£18,342,000 | |
| Net profit | £14,214,000 | -£26,824,000 | |
| Cash | £187,000 | £595,000 | |
| Total assets less current liabilities | £252,115,000 | £302,395,000 | |
| Net assets | £227,463,000 | £195,628,000 | |
| Equity | £227,463,000 | £195,628,000 | |
| Average employees | 964 | 1,200 | |
| Wages | £82,625,000 | £105,740,000 |
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 | 2023-06-30 | 2024-06-30 |
|---|---|---|---|
| Operating margin | 10.5% | 7.3% | |
| Net margin | 3.8% | -5.6% | |
| Return on capital employed | 15.5% | 11.6% | |
| Gearing (liabilities / total assets) | 85.8% | 86.1% | |
| Current ratio | 1.00x | 1.10x | |
| Interest cover | 1.68x | 0.72x |
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
- Affirmed
“The Directors have received a letter of support from Worley Limited, confirming it will provide financial support to the Company that will not be withdrawn during a period of 12 months from the date of authorisation of the financial statements, in order to allow the Company to continue to operate as a going concern. The Directors have assessed the ability of Worley Limited to provide support for a period of 12 months from the date of authorisation should it be required and having reviewed the financial position and made suitable enquiries, are satisfied that the financial statements should be prepared on a going concern basis.”
Group structure
- WORLEY EUROPE LTD · parent
- Worley Nuclear Services JSC 100%
- Worley Mongolia LLC 100%
- Worley LLC 99%
- INTECSEA (UK) Limited 100%
- Worley UK Finance Sub PLC 95%
- Worley Field Services Limited 100%
- Worley Group UK Limited 100%
- Worley Europe Services Limited 100%
- Worley UK Pty Limited 100%
- 3Sun Group Limited 100%
- 3Sun Inspection Services Limited 100%
- Dawson Energy Limited 100%
- RRC Controls Services Limited 100%
- Worley Denmark ApS 100%
- Worley UK Finance Sub No. 2 Ltd 100%
- Worley E&C International Limited 100%
- Worley Matasis (Pty) Ltd 65%
- Worley UK Finance Sub No. 3 Ltd 100%
- Sinclair Knight Merz Pakistan (Private) Limited 99.99%
- Worley Ingenieria y Construccion Chile SPA 38.38%
- Enviros Group Limited 100%
- Enviros Limited 100%
- Worley Consulting Group Limited 100%
- Sinclair Knight Merz LLC 65%
- Worley Guinea SARL 100%
- Worley Ingenieria Colombia SAS 100%
- Sinclair Knight Merz (Liberia) LLC 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 36 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SCOTT, Latoya | Secretary | 2023-06-23 | — | — |
| BROOKSBANK, Lucy | Director | 2019-06-13 | Jul 1973 | British |
| HUGHES, Paul William Jackson | Director | 2023-10-13 | Jun 1967 | British |
| MURRAY, Patricia | Director | 2026-01-19 | Nov 1969 | Scottish |
| SWAN, Graham | Director | 2026-01-19 | Feb 1972 | British |
| WHITTALL, Steven | Director | 2019-03-20 | Jun 1975 | British |
Show 36 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| AYRES, Gregory Richard | Secretary | 2002-01-10 | 2003-04-03 |
| DALY, Michael Owen | Secretary | 2012-05-31 | 2014-11-27 |
| DALY, Michael Owen | Secretary | 2006-05-26 | 2012-05-08 |
| HUGGINS, Nicholas John | Secretary | 2003-04-03 | 2006-05-26 |
| JIBUIKE, Victor | Secretary | 2014-11-27 | 2023-06-23 |
| PAILEX SECRETARIES LIMITED | Corporate Secretary | 2001-12-05 | 2002-01-10 |
| ANDREWS, Bradley Garnett | Director | 2020-08-18 | 2023-10-01 |
| ASHTON, Chris | Director | 2014-02-27 | 2017-01-09 |
| AYRES, Gregory Richard | Director | 2002-01-10 | 2003-03-28 |
| BARBI, Vito Marino | Director | 2023-10-05 | 2026-01-19 |
| BAUGHEN, David John | Director | 2003-12-19 | 2006-10-25 |
| BRADIE, Stuart John Baxter | Director | 2008-09-08 | 2014-04-30 |
| CHIAM, Hsing Chee | Director | 2011-09-22 | 2013-04-17 |
| CONLON, Greg Sean | Director | 2011-09-22 | 2014-02-26 |
| CONNELL, Brenda | Director | 2013-04-18 | 2016-04-30 |
| CREASY, John Robert | Director | 2016-04-30 | 2024-05-23 |
| DALY, Michael Owen | Director | 2012-05-31 | 2015-06-05 |
| DALY, Michael Owen | Director | 2006-10-30 | 2012-05-08 |
| DAVIES, Robert | Director | 2012-05-08 | 2013-04-17 |
| DORFLING, Werner | Director | 2017-01-09 | 2024-05-23 |
| FINTLAND, Robert Charles | Director | 2003-07-01 | 2010-02-26 |
| GORDON, Alan Stewart | Director | 2014-05-01 | 2020-03-11 |
| GRILL, John Michael | Director | 2008-09-19 | 2012-10-23 |
| HALL, William Eivind | Director | 2002-01-10 | 2008-09-19 |
| HOLT, Simon | Director | 2012-10-24 | 2015-11-16 |
| HONAN, Thomas Francis | Director | 2015-12-01 | 2021-05-07 |
| HOUSEGO, David Joseph | Director | 2010-02-08 | 2011-05-02 |
| LEESER, Andrew John | Director | 2003-10-01 | 2003-12-08 |
| NUTTING, Keith | Director | 2013-04-18 | 2014-04-30 |
| PAGANO, Edward L | Director | 2003-07-01 | 2006-10-30 |
| REEVES, John Craig | Director | 2006-10-25 | 2008-09-08 |
| RICHTER, Andor | Director | 2002-01-10 | 2003-11-08 |
| SEATON, Paul | Director | 2019-06-13 | 2020-08-03 |
| STIRLING, Matthew James | Director | 2014-11-27 | 2018-04-30 |
| WOOD, Andrew | Director | 2011-05-02 | 2020-02-24 |
| PAILEX NOMINEES LIMITED | Corporate Director | 2001-12-05 | 2002-01-10 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 185 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-10-21 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-26 | AP01 | officers | Appoint person director company with name date | |
| 2026-01-23 | AP01 | officers | Appoint person director company with name date | |
| 2026-01-23 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-01 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-12-01 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-12-01 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-10-21 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2025-10-21 | SH20 | capital | Legacy | |
| 2025-10-21 | CAP-SS | insolvency | Legacy | |
| 2025-10-21 | RESOLUTIONS | resolution | Resolution | |
| 2025-08-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-27 | AA | accounts | Accounts with accounts type full | |
| 2024-10-03 | CH01 | officers | Change person director company with change date | |
| 2024-08-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-05-28 | TM01 | officers | Termination director company with name termination date | |
| 2024-05-28 | TM01 | officers | Termination director company with name termination date | |
| 2024-04-13 | AA | accounts | Accounts with accounts type full | |
| 2023-10-16 | AP01 | officers | Appoint person director company with name date | |
| 2023-10-11 | AP01 | officers | Appoint person director company with name date | |
| 2023-10-03 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 12
- Capital events
- 2
- Officers appointed
- 2
- 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 2024-06-30 vs 2023-06-30
-
Turnover
+28.7%
£371,172,000 £477,646,000
-
Cash
+218.2%
£187,000 £595,000
-
Net assets
-14%
£227,463,000 £195,628,000
-
Employees
+24.5%
964 1,200
-
Operating profit
-10.4%
£39,128,000 £35,054,000
-
Profit before tax
-182.6%
£22,205,000 -£18,342,000
-
Wages
+28%
£82,625,000 £105,740,000
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