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Cash

£45K

-85.7% vs 2022

Net assets

£10M

-42.6% vs 2022

Employees

0

Average over period

Profit before tax

£17M

-16.7% vs 2022

Accounts

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

Metric Trend 2022-12-312023-12-31
Turnover £24,953,299£21,353,595
Operating profit £20,223,128£16,524,092
Profit before tax £20,586,360£17,144,552
Net profit £16,578,947£14,707,191
Cash £316,531£45,219
Total assets less current liabilities
Net assets £17,660,489£10,128,984
Equity £17,660,489£10,128,984
Average employees 00
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
Operating margin 81.0%77.4%
Net margin 66.4%68.9%
Gearing (liabilities / total assets) 54.8%73.5%
Current ratio 1.15x0.85x
Interest cover 2480.15x1114.53x

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
Other
Reporting scope
Standalone (parent only)
Auditor
Deloitte AS
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The Board and the general manager are of the opinion that the presentation of the financial statements shall be based on an assumption of continued operation. The Company has performed well and has good equity. The Company thus has a good basis for continuing its positive development.”

Group structure

  1. PERENCO VIETNAM A.S. · parent
    1. Nam Con Son pipeline 16.33% · Vietnam

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

People

3 active · 6 resigned

Name Role Appointed Born Nationality
D'ARGOUGES, Gilles Marie Philippe Director 2025-06-01 Sep 1981 French
EAGER, Averil Director 2014-02-17 Sep 1959 Irish
PARR, Jonathan Brian Director 2014-02-17 Oct 1971 British
Show 6 resigned officers
Name Role Appointed Resigned
COLOMBEL, Emmanuel Marie Patrick Director 2021-08-23 2025-06-01
D'AROUGES, Gilles Director 2020-06-29 2021-08-23
DAROCZI, Tobias Christian Director 2014-02-17 2017-11-14
FALLOWS, Nicholas James Director 2014-02-17 2020-06-29
POLI, Frank Jean Paul Rene Director 2014-02-17 2017-11-14
SANDFORD, Timothy Mark Director 2014-02-17 2025-06-01

Ownership

Persons with significant control

No persons with significant control on record.

Filing timeline

Last 20 of 32 total filings

Date Type Category Description
2025-08-06 OSAP01 officers Appoint person director overseas company with name appointment date
2025-07-21 OSTM01 officers Termination person director overseas company with name termination date
2025-07-21 OSTM01 officers Termination person director overseas company with name termination date
2024-11-29 AA accounts Accounts with accounts type full
2023-11-13 AA accounts Accounts with accounts type full
2023-02-16 AA01 accounts Change account reference date company current shortened
2021-09-14 OSTM01 officers Termination person director overseas company with name termination date
2021-09-13 OSAP01 officers Appoint person director overseas company with name appointment date
2021-08-02 AA accounts Accounts with accounts type full
2021-03-05 OSCH02 other Change company details overseas company
2021-03-05 OSCH02 other Change company details overseas company with change details
2021-03-05 OSCH02 other Change company details overseas company
2021-03-05 OSCH02 other Change company details overseas company
2021-03-05 OSCH02 other Change company details overseas company
2020-09-24 OSAP01 officers Appoint person director overseas company with name appointment date
2020-09-24 OSTM01 officers Termination person director overseas company with name termination date
2019-07-09 OSTM01 officers Termination person director overseas company with name termination date
2018-06-22 AA accounts Accounts with accounts type full
2018-02-01 AA accounts Accounts with accounts type full
2018-01-08 ANNOTATION miscellaneous Legacy

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
3

last 12 months

Capital events
0

last 24 months

Officers appointed
1

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

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

Official Companies House page