ARAMCO VENTURES LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-01-20 (in 8mo)
Last made up 2026-01-06
Watchouts
None on the register
Cash
£2M
+57.4% vs 2023
Net assets
£2M
+6.1% vs 2023
Employees
10
+25% vs 2023
Profit before tax
£510K
+83% vs 2023
Name history
Renamed 1 time since incorporation
- ARAMCO VENTURES LIMITED 2024-09-25 → present
- SAEV EUROPE LIMITED 2014-02-05 → 2024-09-25
Net assets
2-year trend · vs Financials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £4,266,819 | £4,554,175 | |
| Operating profit | £278,492 | £554,143 | |
| Profit before tax | £278,672 | £509,978 | |
| Net profit | £143,770 | £312,723 | |
| Cash | £1,331,710 | £2,096,670 | |
| Total assets less current liabilities | — | — | |
| Net assets | £1,744,082 | £1,849,803 | |
| Equity | £1,744,082 | £1,849,803 | |
| Average employees | 8 | 10 | |
| Wages | £1,776,954 | £2,120,762 |
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 | 6.5% | 12.2% | |
| Net margin | 3.4% | 6.9% | |
| Current ratio | 2.37x | 2.72x | |
| Interest cover | — | 12.54x |
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
- UK-adopted International Accounting Standards
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have, at the time of approving the financial statements, a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future based on forecasts and projections until December 2026. Thus, they have continued to adopt the going concern basis of accounting in preparing the financial statements.”
Significant events
- “A special resolution was passed on 12 September 2024 authorising a change in name from SAEV Europe Limited to Aramco Ventures Limited.”
- “During the year, amounts owed by a related party of £207,002 (2023: £nil) were written off and considered a distribution by the company.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 13 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HOFMA, Debby Talitha | Secretary | 2022-07-01 | — | — |
| AL-ZAMEL, Khaled Mohammed, Mr. | Director | 2023-07-31 | Mar 1978 | Saudi Arabian |
| ALADEL, Mahdi Fida | Director | 2020-11-03 | Nov 1975 | Saudi Arabian |
| ALAHMARI, Mohammed Faiz, Mr. | Director | 2024-03-01 | Oct 1965 | Saudi Arabian |
Show 13 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ALTURKI, Mansour Faisal | Secretary | 2022-07-01 | 2023-12-06 |
| COPPEDGE, Alexis | Secretary | 2014-02-05 | 2022-07-01 |
| LAWS, James | Secretary | 2016-10-05 | 2022-07-01 |
| MONTJOY, William | Secretary | 2014-02-05 | 2016-10-03 |
| AL-DUGHAITHER, Emad Mustafa | Director | 2015-09-03 | 2023-07-31 |
| ALHEREAGI, Salah | Director | 2014-02-05 | 2015-03-24 |
| ALKHOWAITER, Nabil Othman | Director | 2014-10-01 | 2015-10-11 |
| ALQAHTANI, Saif | Director | 2015-10-12 | 2016-06-01 |
| ALTHAALY, Abdallah | Director | 2014-02-05 | 2014-10-01 |
| MUFTI, Majid | Director | 2016-06-01 | 2020-07-28 |
| PATTERSON, David Bruce | Director | 2014-02-05 | 2020-11-03 |
| VENABLES, Christopher John | Director | 2020-11-03 | 2024-03-01 |
| WINGROVE, Martin Denny | Director | 2015-03-25 | 2015-09-03 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| The Government Of Kingdom Of Saudi Arabia | Legal person | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 55 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-09-25 CERTNM Certificate change of name company PDF
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-08-22 | AA | accounts | Accounts with accounts type full | |
| 2025-01-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-25 | CERTNM | change-of-name | Certificate change of name company | |
| 2024-08-21 | AA | accounts | Accounts with accounts type full | |
| 2024-03-06 | AP01 | officers | Appoint person director company with name date | |
| 2024-03-04 | TM01 | officers | Termination director company with name termination date | |
| 2024-02-01 | CH03 | officers | Change person secretary company with change date | |
| 2024-02-01 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-01-31 | CH01 | officers | Change person director company with change date | |
| 2024-01-15 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-08-04 | AP01 | officers | Appoint person director company with name date | |
| 2023-07-31 | TM01 | officers | Termination director company with name termination date | |
| 2023-05-12 | AA | accounts | Accounts with accounts type full | |
| 2023-01-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-03 | AA | accounts | Accounts with accounts type full | |
| 2022-07-07 | AP03 | officers | Appoint person secretary company with name date | |
| 2022-07-07 | AP03 | officers | Appoint person secretary company with name date | |
| 2022-07-07 | TM02 | officers | Termination secretary company with name termination date | |
| 2022-07-07 | TM02 | officers | Termination secretary company with name termination date |
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
+6.7%
£4,266,819 £4,554,175
-
Cash
+57.4%
£1,331,710 £2,096,670
-
Net assets
+6.1%
£1,744,082 £1,849,803
-
Employees
+25%
8 10
-
Operating profit
+99%
£278,492 £554,143
-
Profit before tax
+83%
£278,672 £509,978
-
Wages
+19.3%
£1,776,954 £2,120,762
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