EMERALD ENERGY PLC
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Cash
£46M
-17.5% vs 2023
Net assets
£209M
-10.8% vs 2023
Employees
84
-5.6% vs 2023
Profit before tax
£11M
+192.4% vs 2023
Net assets
2-year trend · vs Unclassified median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £41,943,662 | £25,475,908 | |
| Operating profit | £3,947,368 | £7,607,858 | |
| Profit before tax | £3,858,414 | £11,281,690 | |
| Net profit | £14,415,122 | -£2,966,642 | |
| Cash | £55,320,237 | £45,635,285 | |
| Total assets less current liabilities | £284,294,292 | £268,458,117 | |
| Net assets | £234,317,272 | £209,111,935 | |
| Equity | £234,317,272 | £209,111,935 | |
| Average employees | 89 | 84 | |
| Wages | £3,784,285 | £3,800,593 |
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 | 9.4% | 29.9% | |
| Net margin | 34.4% | -11.6% | |
| Return on capital employed | 1.4% | 2.8% | |
| Gearing (liabilities / total assets) | 22.2% | 24.8% | |
| Current ratio | 5.03x | 6.89x | |
| Interest cover | 1.52x | 6.34x |
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
- Standalone (parent only)
- Auditor
- Grunberg & Co Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors believe that the existing cash balances, future cash generated from operations, and financial support from SPEP Energy Hongkong Limited will provide the Company and the Company with sufficient funds to meet their working capital requirements and planned expenditures for at least 12 months from the date of signing these financial statements. A letter of support has been received from SPEP Energy Hongkong Limited, confirming the provision of financial support for a period of at least 12 months from the date of signing. Additionally, Sinochem Company has provided a guarantee for SPEP Energy Hongkong Limited's long-term loan.”
Significant events
- “Between December 31, 2024, and the date of issuance of these financial statements, some events have occurred affects the financial situation of the Company. In the Capella field, an extension of the suspension was requested from the ANH until August 8, 2025. Regarding the Campo Rico field, due to prevailing weather conditions, operations were able to resume during the first quarter of 2025; however, it became necessary to suspend activities again starting in May.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 32 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| TANG, Guohong | Director | 2023-06-05 | Nov 1976 | Chinese |
| ZHANG, Guoqing | Director | 2018-11-26 | Oct 1966 | Chinese |
| ZHANG, Yongge | Director | 2022-11-15 | Jul 1969 | Chinese |
Show 32 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| COLE, Geoffrey Stanley John | Secretary | 1995-05-02 | 2005-05-31 |
| HOLDER, Martin | Secretary | 1994-05-16 | 1995-05-02 |
| KONN, Richard Michael | Secretary | 2007-12-19 | 2009-12-30 |
| MANNING, Helen Lillian | Secretary | 2005-06-13 | 2007-12-19 |
| ALEXANDER, Iain Macpherson | Director | 1994-05-16 | 2003-08-15 |
| BEARDSALL, Alastair John | Director | 2003-08-15 | 2009-10-14 |
| BROOKES, Alan John | Director | 1994-05-16 | 2003-08-15 |
| DAI, Chenhan | Director | 2017-08-25 | 2023-06-04 |
| ELLIOT, Graeme Arthur | Director | 1998-04-15 | 2003-08-15 |
| GAO, Liang | Director | 2022-07-14 | 2022-11-14 |
| GENG, Wenzhi | Director | 2009-10-14 | 2013-09-04 |
| GOUQING, Zhang | Director | 2009-10-14 | 2009-10-30 |
| GRACE, Edward | Director | 2003-08-15 | 2009-11-01 |
| HENRY, Keith Nicholas | Director | 2004-02-06 | 2009-10-14 |
| HEWITT, Keith Sidney, Doctor | Director | 1996-08-02 | 2001-07-31 |
| KEELEY, Martin Lawrence, Doctor | Director | 1996-12-10 | 2001-03-31 |
| LEI, Jaizhao | Director | 2009-12-18 | 2022-07-14 |
| LI, Hui | Director | 2009-10-14 | 2010-05-20 |
| LI, Pilong | Director | 2010-05-28 | 2012-11-01 |
| LI, Xiangshi | Director | 2009-12-18 | 2012-02-10 |
| LI, Xin | Director | 2013-09-04 | 2018-11-26 |
| LIN, Yu | Director | 2009-10-14 | 2017-08-23 |
| LUCAS, Alan Keith | Director | 2001-06-22 | 2003-08-15 |
| MACASKILL, Angus | Director | 2007-06-15 | 2009-11-30 |
| PITHER, Jon Peter | Director | 1999-03-31 | 1999-08-26 |
| PONSONBY, Frederick Matthew Thomas, Lord | Director | 2003-08-15 | 2008-12-01 |
| ROBERTS, John Merfyn | Director | 2003-08-15 | 2009-10-14 |
| SILCOCK, John Patrick | Director | 1997-01-10 | 2003-08-15 |
| VIGGERS, Peter John | Director | 1998-04-15 | 2003-02-05 |
| WINTON, Peter Garden | Director | 1994-05-16 | 2001-01-22 |
| ZHANG, Chao | Director | 2012-02-21 | 2022-11-14 |
| ZHANG, Wei | Director | 2012-11-01 | 2016-08-01 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 132 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-10-15 | AA | accounts | Accounts with accounts type full | |
| 2024-10-18 | AA | accounts | Accounts with accounts type full | |
| 2023-12-19 | AA | accounts | Accounts with accounts type full | |
| 2023-07-03 | OSTM01 | officers | Termination person director overseas company with name termination date | |
| 2023-06-30 | OSAP01 | officers | Appoint person director overseas company with name appointment date | |
| 2022-12-07 | AA | accounts | Accounts with accounts type full | |
| 2022-12-02 | OSAP01 | officers | Appoint person director overseas company with name appointment date | |
| 2022-12-01 | OSTM01 | officers | Termination person director overseas company with name termination date | |
| 2022-12-01 | OSTM01 | officers | Termination person director overseas company with name termination date | |
| 2022-10-24 | OSCH02 | other | Change company details overseas company with change details | |
| 2022-10-24 | OSCH01 | other | Change company details by uk establishment overseas company with change details | |
| 2022-09-13 | OSTM01 | officers | Termination person director overseas company with name termination date | |
| 2022-09-01 | OSAP01 | officers | Appoint person director overseas company with name appointment date | |
| 2022-01-10 | AA | accounts | Accounts with accounts type full | |
| 2021-01-29 | AA | accounts | Accounts with accounts type full | |
| 2019-07-31 | AA | accounts | Accounts with accounts type full | |
| 2019-01-04 | OSTM01 | officers | Termination person director overseas company with name termination date | |
| 2019-01-04 | OSAP01 | officers | Appoint person director overseas company with name appointment date | |
| 2018-10-10 | AA | accounts | Accounts with accounts type group | |
| 2017-11-30 | AA | accounts | Accounts with accounts type group |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 1
- 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
-39.3%
£41,943,662 £25,475,908
-
Cash
-17.5%
£55,320,237 £45,635,285
-
Net assets
-10.8%
£234,317,272 £209,111,935
-
Employees
-5.6%
89 84
-
Operating profit
+92.7%
£3,947,368 £7,607,858
-
Profit before tax
+192.4%
£3,858,414 £11,281,690
-
Wages
+0.4%
£3,784,285 £3,800,593
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