BAKER HUGHES PRESSURE CONTROL LIMITED
Get an alert when BAKER HUGHES PRESSURE CONTROL LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-12-28 (in 7mo)
Last made up 2025-12-14
Watchouts
Cash
£3M
+13.3% vs 2023
Net assets
£46M
+4,492.4% vs 2023
Employees
55
-11.3% vs 2023
Profit before tax
£51M
+2,222.6% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
3 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Name history
Renamed 6 times since incorporation
- BAKER HUGHES PRESSURE CONTROL LIMITED 2020-09-02 → present
- GE OIL & GAS PRESSURE CONTROL LIMITED 2011-05-03 → 2020-09-02
- WOOD GROUP PRESSURE CONTROL LIMITED 2003-09-22 → 2011-05-03
- WOOD GROUP PRESSURE CONTROL AND ENGINEERING SERVICES LIMITED 1999-06-07 → 2003-09-22
- WOOD GROUP ENGINEERING SERVICES (PETERHEAD) LIMITED 1989-12-22 → 1999-06-07
- WOOD GROUP VALVE & ENGINEERING SERVICES LIMITED 1985-04-19 → 1989-12-22
- WOOD GROUP VALVE & ENGINEERING SERVICES (PETERHEAD) 1975-01-14 → 1985-04-19
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £20,139,000 | £23,760,000 | |
| Operating profit | £3,700,000 | £6,201,000 | |
| Profit before tax | £2,194,000 | £50,958,000 | |
| Net profit | £1,672,000 | £46,901,000 | |
| Cash | £2,970,000 | £3,364,000 | |
| Total assets less current liabilities | -£823,000 | £46,025,000 | |
| Net assets | -£1,044,000 | £45,857,000 | |
| Equity | -£1,044,000 | £45,857,000 | |
| Average employees | 62 | 55 | |
| Wages | £7,636,000 | £7,643,000 |
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 | 18.4% | 26.1% | |
| Net margin | 8.3% | 197.4% | |
| Return on capital employed | -449.6% | 13.5% | |
| Gearing (liabilities / total assets) | 103.3% | 19.9% | |
| Current ratio | 0.31x | 3.18x | |
| Interest cover | 2.46x | 5.35x |
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
- KPMG LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The director has prepared the financial statements on the going concern basis as she does not intend to liquidate the Company or to cease its operations, and as she has concluded that the Company's financial position means that this is realistic.”
Significant events
- “On 1 January 2026, Baker Hughes Company announced the final closing of its previously announced agreement to form a new joint venture with the subsidiary of Cactus, Inc. in which Baker Hughes will contribute its surface pressure control (SPC) product line.”
- “On 2 May 2025, the company received a dividend equal to SAR 84,802,614 (£16,886,201) from its subsidiary Factory of Baker Hughes Pressure Control Middle East Co. Limited.”
- “On 29 September 2025, the company received a dividend equal to SAR 164,219,610 (£32,523,790) from its subsidiary Factory of Baker Hughes Pressure Control Middle East Co. Limited.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
1 active · 42 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| OKOLO, Nkechi Sally | Director | 2025-12-24 | Apr 1980 | British |
Show 42 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BROWN, Charles Nicholas | Secretary | — | 1998-03-23 |
| BROWN, Robert Muirhead Birnie | Secretary | 2010-09-01 | 2011-04-26 |
| DUNLOP, Lorraine Amanda | Secretary | 2018-04-05 | 2025-12-24 |
| GOOD, Graham | Secretary | 1998-03-23 | 1999-10-01 |
| HAMILTON, John Andrew | Secretary | 2011-05-06 | 2018-04-05 |
| JOHNSON, Ian | Secretary | 2003-11-24 | 2010-09-01 |
| WATSON, Christopher Edward Milne | Secretary | 1999-10-01 | 2003-11-24 |
| ANDREAZZA, Amanda | Director | 2018-04-05 | 2018-07-18 |
| ANNAND, Michael | Director | 2023-06-12 | 2024-02-23 |
| BARR, Andrew John | Director | 2024-02-23 | 2025-12-24 |
| BERTRAM, William Douglas | Director | 1991-01-01 | 1994-03-30 |
| BROWN, Robert Muirhead Birnie | Director | 2010-09-01 | 2011-04-26 |
| BUTCHER, Adam Paul | Director | 2023-06-12 | 2024-05-24 |
| CAMERON, Gordon Bruce | Director | 2014-08-05 | 2014-09-11 |
| CARR, William Hadden | Director | 1993-12-31 | 1995-12-31 |
| CARR, William Hadden | Director | — | 1990-07-02 |
| DEY, John Foster Fraser | Director | — | 1993-04-27 |
| EDGAR, William | Director | 1997-12-01 | 1998-07-07 |
| EMSLIE, Bryan Watt | Director | 2002-07-01 | 2005-02-11 |
| FIRMANI, David Vincent | Director | 2024-06-03 | 2025-12-24 |
| FLORIDI, Alessandro Romano | Director | 2014-12-17 | 2018-04-05 |
| FRASER, Hugh | Director | 1999-05-12 | 1999-05-20 |
| FRASER, Louise Margaret | Director | 2018-07-18 | 2022-12-15 |
| GARRETT, Edwin Charles | Director | — | 1990-07-02 |
| HALL, Stuart | Director | 1993-06-01 | 1997-09-02 |
| HART, Craig | Director | 2003-10-27 | 2004-11-01 |
| HOGG, Richard | Director | 1989-01-01 | 1990-07-02 |
| JOHNSON, Ian | Director | 2003-11-28 | 2010-09-01 |
| LANGLANDS, Allister Gordon | Director | 1997-12-01 | 2003-11-28 |
| MCGILL, Craig | Director | 2004-11-01 | 2007-11-20 |
| MCGREGOR, Grant | Director | 1997-10-10 | 2002-12-06 |
| MCLEAN, John | Director | 1991-01-01 | 1998-12-31 |
| MCSKIMMING, Ian Forbes | Director | 1989-01-01 | 1990-07-02 |
| MOTHERWELL, Thomas | Director | — | 1993-12-31 |
| NAPIER, David Wyness | Director | 2009-12-03 | 2014-08-05 |
| ODAYOTH VATTAMPOIL, Ajoy Jerrard | Director | 2018-08-21 | 2023-06-12 |
| ONABOLU, Oluwole | Director | 2018-04-05 | 2018-07-18 |
| SORHEIM, Kjetil | Director | 2016-04-28 | 2018-04-05 |
| THOMSON, James Watson Palmer | Director | 2007-11-20 | 2015-12-24 |
| WHALLEY, Cuthbert | Director | 2002-07-01 | 2014-08-28 |
| WOOD, Ian Clark, Sir | Director | — | 1990-07-02 |
| WRIGHT, Mark Anthony | Director | 1998-07-07 | 1999-03-05 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Cactus, Inc. | Corporate entity | Significant influence | 2026-01-01 | Active |
| Baker Hughes Company | Corporate entity | Shares 75–100% | 2024-12-17 | Ceased 2026-01-01 |
Filing timeline
Last 20 of 205 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-19 | AA | accounts | Accounts with accounts type full | |
| 2026-02-25 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2026-02-25 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-12-24 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-24 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-24 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-12-24 | AP01 | officers | Appoint person director company with name date | |
| 2025-12-17 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-12-17 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-12-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-17 | PSC09 | persons-with-significant-control | Withdrawal of a person with significant control statement | |
| 2024-11-22 | CH01 | officers | Change person director company with change date | |
| 2024-10-10 | AA | accounts | Accounts with accounts type full | |
| 2024-06-03 | AP01 | officers | Appoint person director company with name date | |
| 2024-05-30 | TM01 | officers | Termination director company with name termination date | |
| 2024-02-23 | TM01 | officers | Termination director company with name termination date | |
| 2024-02-23 | AP01 | officers | Appoint person director company with name date | |
| 2023-12-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-11-01 | AA | accounts | Accounts with accounts type full | |
| 2023-06-13 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 3
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
+18%
£20,139,000 £23,760,000
-
Cash
+13.3%
£2,970,000 £3,364,000
-
Net assets
+4,492.4%
-£1,044,000 £45,857,000
-
Employees
-11.3%
62 55
-
Operating profit
+67.6%
£3,700,000 £6,201,000
-
Profit before tax
+2,222.6%
£2,194,000 £50,958,000
-
Wages
+0.1%
£7,636,000 £7,643,000
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