SANTIAGO OIL COMPANY
Get an alert when SANTIAGO OIL COMPANY files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£154K
-65.3% vs 2023
Net assets
£218M
+4.4% vs 2023
Employees
—
Average over period
Profit before tax
£12M
+8.5% 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 | — | — | |
| Operating profit | -£153,447 | -£226,093 | |
| Profit before tax | £11,285,397 | £12,241,660 | |
| Net profit | £11,285,397 | £9,186,064 | |
| Cash | £444,774 | £154,188 | |
| Total assets less current liabilities | — | — | |
| Net assets | £209,007,413 | £218,193,477 | |
| Equity | £209,007,413 | £218,193,477 | |
| 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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Gearing (liabilities / total assets) | 0.0% | 0.7% | |
| Current ratio | 33.45x | 2.19x | |
| Interest cover | -2.13x | -11.73x |
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
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Company has prepared the financial statements under the assumption of going concern basis on the assessment made by the Directors.”
Significant events
- “Royalties Action - Class action to protect collective rights to administrative morality and defense of public heritage. It is argued that the parties of the Association Contracts: Santiago de las Atalayas, Tauramena and Rio Chitamena did not properly report, settle or pay oil and gas production to the Colombian Nation from 1999 to 2007, and therefore the royalties of the department of Casanare have been affected.”
- “Contractual Dispute Action - Transportadora de Gas Internacional (TGI)-AOB - Dispute over the operating balance agreement (AOB) signed by the agent Equion Energia Limited with TGI, in development of the fulfilment of the gas sale contract.”
- “Other Contingencies- Derived from the association contracts of Tauramena, Rio Chitamena and Recetor, Santiago Oil Company in its capacity as partner, participates in civil and labor contingencies for U$17,000.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BARRON VAZQUEZ, Jorge Alberto | Director | 2024-08-28 | Apr 1969 | Spanish |
| CHILLON FERNANDEZ, Jesus | Director | 2023-03-01 | Dec 1968 | Spanish |
| MANRIQUE NIETO, Diego Fernando | Director | 2021-03-09 | Jul 1964 | Colombian |
| MARTINEZ, Edgar Molina | Director | 2021-03-09 | Jan 1965 | American |
| SUAREZ ALVAREZ, Monica | Director | 2023-07-06 | Apr 1984 | Colombian |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ANAMARIA, Reina Serrano | Director | 2021-03-25 | 2023-07-06 |
| FOUCART, Nicolas Guy | Director | 2022-07-01 | 2023-03-01 |
| GARCIA SANCHEZ, Luis Antonio | Director | 2021-03-09 | 2022-03-01 |
| MEDLAM, Peter John | Director | 2023-09-01 | 2024-08-28 |
| PEDROSA ROMERO, Luis Maria | Director | 2021-03-09 | 2021-03-09 |
| POLO NAVAS, Luis Alberto, Dr | Director | 2022-03-01 | 2023-09-01 |
| VARGAS, Maria Victoria | Director | 2021-03-09 | 2021-03-09 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 25 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-06-04 | OSCH03 | officers | Change person director overseas company with change date | |
| 2025-06-04 | OSCH03 | officers | Change person director overseas company with change date | |
| 2025-06-03 | OSCH03 | officers | Change person director overseas company with change date | |
| 2025-05-20 | AA | accounts | Accounts with accounts type full | |
| 2024-10-09 | OSTM01 | officers | Termination person director overseas company with name termination date | |
| 2024-10-09 | OSAP01 | officers | Appoint person director overseas company with name appointment date | |
| 2024-05-20 | OSCH01 | other | Change company details by uk establishment overseas company with change details | |
| 2024-05-16 | AA | accounts | Accounts with accounts type full | |
| 2024-04-10 | OSTM01 | officers | Termination person director overseas company with name termination date | |
| 2024-04-10 | OSTM01 | officers | Termination person director overseas company with name termination date | |
| 2024-04-10 | OSAP01 | officers | Appoint person director overseas company with name appointment date | |
| 2024-04-10 | OSAP01 | officers | Appoint person director overseas company with name appointment date | |
| 2023-05-22 | AA | accounts | Accounts with accounts type full | |
| 2023-03-30 | OSTM01 | officers | Termination person director overseas company with name termination date | |
| 2023-03-30 | OSTM01 | officers | Termination person director overseas company with name termination date | |
| 2023-03-30 | OSTM01 | officers | Termination person director overseas company with name termination date | |
| 2023-03-30 | OSAP01 | officers | Appoint person director overseas company with name appointment date | |
| 2023-03-30 | OSAP01 | officers | Appoint person director overseas company with name appointment date | |
| 2023-03-30 | OSAP01 | officers | Appoint person director overseas company with name appointment date | |
| 2023-03-30 | OSAP01 | officers | Appoint person director overseas company with name appointment date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- 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
—
Not reported
-
Cash
-65.3%
£444,774 £154,188
-
Net assets
+4.4%
£209,007,413 £218,193,477
-
Employees
—
Not reported
-
Operating profit
-47.3%
-£153,447 -£226,093
-
Profit before tax
+8.5%
£11,285,397 £12,241,660
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