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Next accounts due

2025-09-30

Overdue

Confirmation statement due

2025-12-16

Overdue

Watchouts

3 items

Cash

Latest balance sheet

Net assets

-£21M

Equity attributable

Employees

Average over period

Profit before tax

-£21M

Period ending 2023-12-31

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Accounts

2-year trend · latest reflected 2023-12-31

Metric Trend 2022-12-312023-12-31
Turnover
Operating profit -£21,343,000
Profit before tax -£21,343,000
Net profit -£21,343,000
Cash
Total assets less current liabilities -£25,000-£21,368,000
Net assets -£25,000-£21,368,000
Equity -£25,000-£21,368,000
Average employees
Wages

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 2022-12-312023-12-31
Return on capital employed 99.9%
Gearing (liabilities / total assets) 100.1%257.2%
Current ratio 0.64x0.18x

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
Crowe U.K. LLP
Audit opinion
Unqualified (clean)
Going concern
Material uncertainty disclosed

“The Company is presently reliant on other group companies for funding. In making their assessment of going concern the directors have considered the likelihood of the availability of funding from other group companies or other sources and considered the material uncertainties included in the Group financial statements. On the basis that there is no guarantee that funding will be forthcoming over the foreseeable future the Directors have concluded that a material uncertainty exists which may cast significant doubt over the ability of the Company to continue as a going concern.”

Group structure

  1. SDX ENERGY INVESTMENTS (UK) LIMITED · parent
    1. SDX Energy Morocco (UK) Limited 100% · U.K.
    2. Sea Dragon Cooperatieve U.A. 100% · The Netherlands
    3. Sea Dragon Energy Holding B.V. 100% · The Netherlands
    4. SDX Energy Egypt (Nile Delta) B.V. 100% · Egypt
    5. Sea Dragon Energy (GOS) B.V. 100% · Egypt
    6. Sea Dragon Energy (Nile) B.V. 100% · Egypt
    7. Sea Dragon Energy (NW Gemsa) B.V. 100% · Egypt
    8. Sea Dragon Energy Holding Ltd. 100% · British Virgin Islands
    9. NPC (Shukheir Marine) Ltd 100% · Egypt
    10. Madison International Oil and Gas Ltd. 100% · Barbados
    11. Madison Egypt Oil and Gas Ltd 100% · Egypt
    12. Madison Cameroon Oil and Gas Ltd. 100% · Cameroon
    13. SDX Energy Egypt (Meseda) Ltd 100% · Egypt
    14. SDX Energy Morocco (Jersey) Limited 100% · Morocco
    15. Limerick Services SARL 100% · Morocco
    16. Brentford Oil Tools 50% · Egypt

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

People

2 active · 12 resigned

Name Role Appointed Born Nationality
CHOWDHURY, Barik Amanat Director 2025-07-22 Jan 1976 British
HOWARD, Alan Peter Director 2026-01-20 Apr 1949 British
Show 12 resigned officers
Name Role Appointed Resigned
MARWOOD, Karen Secretary 2015-12-03 2016-12-13
WELGENS, Werner, Mkr Secretary 2016-12-13 2021-07-27
BHATTACHERJEE, Jayanta, Mr. Director 2023-05-02 2025-04-17
BOX, Nicholas James Director 2019-05-31 2023-05-02
GOULD, Daniel Popov Director 2023-12-19 2025-03-26
HANSSEN, Daan A Director 2022-12-12 2023-05-23
LEBLANC, Aaron Roger Gammelgaard Director 2025-04-17 2025-07-22
MACLEAN, Lesley Director 2023-05-02 2024-05-02
MCAVOCK, William Patrick Director 2023-12-19 2025-03-26
REID, Mark Director 2015-12-03 2023-05-02
SINGH, Diwan Director 2025-04-17 2026-01-18
WELCH, Paul Michael Director 2015-12-03 2019-05-31

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Sdx Energy Holdings (Uk) Limited Corporate entity Shares 75–100%, Voting 75–100% 2019-05-24 Active
Sdx Energy Inc Corporate entity Shares 75–100% 2017-01-01 Ceased 2019-05-24
Mr Mark Reid Individual Appoints directors 2016-04-07 Ceased 2020-01-07

Filing timeline

Last 20 of 51 total filings

Date Type Category Description
2026-02-06 AP01 officers Appoint person director company with name date PDF
2026-02-03 TM01 officers Termination director company with name termination date PDF
2025-10-13 AA accounts Accounts with accounts type full
2025-10-08 DISS40 gazette Gazette filings brought up to date
2025-10-07 GAZ1 gazette Gazette notice compulsory
2025-07-23 AP01 officers Appoint person director company with name date PDF
2025-07-23 TM01 officers Termination director company with name termination date PDF
2025-04-17 AP01 officers Appoint person director company with name date PDF
2025-04-17 TM01 officers Termination director company with name termination date PDF
2025-04-17 AP01 officers Appoint person director company with name date PDF
2025-03-27 TM01 officers Termination director company with name termination date PDF
2025-03-27 TM01 officers Termination director company with name termination date PDF
2025-03-12 DISS40 gazette Gazette filings brought up to date
2025-03-04 GAZ1 gazette Gazette notice compulsory
2024-12-05 CS01 confirmation-statement Confirmation statement with updates PDF
2024-05-02 TM01 officers Termination director company with name termination date PDF
2023-12-21 AP01 officers Appoint person director company with name date PDF
2023-12-21 AP01 officers Appoint person director company with name date PDF
2023-12-12 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-10-16 AA accounts Accounts with accounts type full

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
7

last 12 months

Capital events
0

last 24 months

Officers appointed
2

last 12 months

Officers resigned
2

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

Year-on-year comparison hidden: this filing's period length differs materially from the prior year.

Official Companies House page