SPIRIT ENERGY NORTH SEA LIMITED

1. SPIRIT ENERGY NORTH SEA LIMITED 2017-12-08 → present
2. CENTRICA NORTH SEA LIMITED 2015-11-19 → 2017-12-08
3. CENTRICA (HORNE & WREN) LIMITED 2004-12-14 → 2015-11-19
4. HAWKEYE EXPLORATION LIMITED 2002-11-19 → 2004-12-14

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

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.

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Accounting standards require that Directors satisfy themselves that it is reasonable for them to conclude whether it is appropriate to prepare the financial statements on a going concern basis. The parent company, Spirit Energy Limited, confirms it will continue to provide financial support to the Company to ensure it can meet its obligations as they fall due, for at least 20 months following from 28 April 2025, provided the Company remains a member of the Group. The amounts owed to group undertakings will not be required to be repaid to Spirit Energy Limited for at least 12 months following the signing of the financial statements. Therefore, the Directors continue supporting the use of the going concern basis in preparing these financial statements.”

Significant events

• “On 19 May 2025, Spirit Energy Southern North Sea Limited ('Southern North Sea'), a subsidiary of Spirit Energy Limited, signed a share and purchase agreement ('SPA') with Ithaca (NE) E&P Ltd, whereby the Spirit Energy Group will sell 46.25% of it's equity in the Cygnus licenses to Ithaca. Prior to the sale, Spirit Energy North Sea Limited will transfer its entire individual legal and beneficial interest in the Cygnus licenses to Southern North Sea. The sale has an effective date of 1st January 2025 and is expected to complete in Q3 2025.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

8

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -21.5%

  £459,112,000 → £360,335,000

• Cash

  -73.3%

  £1,256,000 → £335,000

• Net assets

  +3.4%

  £299,498,000 → £309,627,000

• Employees

  —

  Not reported

• Operating profit

  -99.1%

  £902,325,000 → £8,116,000

• Profit before tax

  -96.8%

  £902,842,000 → £28,855,000

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