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Cash

Latest balance sheet

Net assets

£71M

0% vs 2023

Employees

0

Average over period

Profit before tax

£5M

+140.2% vs 2023

Name history

Renamed 1 time since incorporation

  1. SAVANNAH ENERGY (UQUO) JERSEY LIMITED 2020-10-14 → present
  2. SAVANNAH PETROLEUM (UQUO) JERSEY LIMITED 2020-03-17 → 2020-10-14

Accounts

2-year trend · latest reflected 2024-12-31

Metric Trend 2023-12-312024-12-31
Turnover
Operating profit -£9,301-£9,608
Profit before tax £2,099,908£5,044,238
Net profit £2,103,886£5,046,655
Cash
Total assets less current liabilities £70,906,623£70,896,908
Net assets £70,906,623£70,896,908
Equity £70,906,623£70,896,908
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 2023-12-312024-12-31
Return on capital employed -0.0%-0.0%
Gearing (liabilities / total assets) 22.3%34.6%
Current ratio 1.00x1.00x
Interest cover -0.01x-0.00x

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)
Audit opinion
Unaudited (audit-exempt)
Going concern
Affirmed

“The financial statements have been prepared on a going concern basis. The Company had a net asset position of US$95.6 million as at 31 December 2024 (2023: US$95.7 million) and a profit for the year of US$6.8 million (2023: US$2.8 million). The Company does not hold a bank account. The Company is reliant on its ultimate Group, headed by Savannah Energy PLC ('the Group'), to support the going concern assessment of the Company by servicing its liabilities.”

Group structure

  1. SAVANNAH ENERGY (UQUO) JERSEY LIMITED · parent
    1. Savannah Energy (Uquo) Limited 80% · United Kingdom · Holding company
    2. Savannah Energy (BVI) Limited 80% · British Virgin Islands · Holding company
    3. Savannah Energy Uquo Gas Limited 80% · Nigeria · Oil and gas exploration and development

Significant events

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

People

3 active · 5 resigned

Name Role Appointed Born Nationality
TRIDENT SECRETARIAL SERVICES (JERSEY) LIMITED Corporate Secretary 2020-03-17
BEATTIE, Nicholas Director 2020-03-04 Jul 1973 British
DRAGE, Robin Miles Director 2021-08-13 Dec 1960 British
Show 5 resigned officers
Name Role Appointed Resigned
ALAM, Rafiqul Director 2020-03-17 2020-07-29
ROSS, Jessica Kate Director 2020-03-04 2021-02-26
SEMEGA JANNEH, Isatou Director 2020-03-04 2021-08-12
THOMAS, Christopher Charles Arnold Director 2020-03-17 2020-07-29
THOMAS, Christopher Charles Arnold Director 2020-02-26 2022-06-17

Ownership

Persons with significant control

No persons with significant control on record.

Filing timeline

Last 20 of 29 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2020-10-14 OSNM01 Change of name overseas by resolution with date
Date Type Category Description
2025-12-08 AA accounts Accounts with accounts type full
2025-11-10 OSCH06 officers Change corporate secretary overseas company with change date
2025-05-22 OSCH02 other Change company details overseas company with change details
2024-12-19 AA accounts Accounts with accounts type full
2023-11-10 AA accounts Accounts with accounts type full
2022-10-04 AA accounts Accounts with accounts type full
2022-07-25 OSTM01 officers Termination person director overseas company with name termination date
2021-10-05 AA accounts Accounts with accounts type full
2021-09-07 OSTM01 officers Termination person director overseas company with name termination date
2021-09-06 OSAP01 officers Appoint person director overseas company with name appointment date
2021-05-21 OSCH03 officers Change person director overseas company with change date
2021-05-13 AA accounts Accounts with accounts type full
2021-04-26 OSTM01 officers Termination person director overseas company with name termination date
2021-04-26 OSAP01 officers Appoint person director overseas company with name appointment date
2020-11-18 OSCH03 officers Change person director overseas company with change date
2020-11-17 OSCH03 officers Change person director overseas company with change date
2020-10-14 OSNM01 change-of-name Change of name overseas by resolution with date
2020-10-14 OSCH01 other Change company details by uk establishment overseas company with change details
2020-10-14 AA01 accounts Change account reference date company current extended
2020-09-14 OSTM01 officers Termination person director overseas company with name termination date

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
0

last 12 months

Officers resigned
0

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

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