BUE KAZAKHSTAN LIMITED

1. BUE KAZAKHSTAN LIMITED 2000-08-30 → present
2. HBJ 521 LIMITED 2000-07-24 → 2000-08-30

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

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.

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Just Audit & Assurance Ltd

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Company generates revenue through the lease of vessels to third parties. The Company earned profit of USD 2,040,462 (2023: profit of USD 767,456) for the year after taxation and also has a net current liability position of USD 26,300,606 (2023: USD 29,980,433) and a net deficit position of USD 39,055,046 (2023: USD 41,095,509). These conditions raise doubts as to whether the Company will be able to continue as a going concern. However, the Directors have sought support from the intermediate parent company P&O Maritime Offshore FZE to enable the Company to continue to operate as a going concern for the foreseeable future and to discharge its liabilities to other parties, as they fall due.”

Significant events

• “The continued business disruptions caused by the Russia-Ukraine war since February 2022 and sanctions imposed by EU & other countries on Russia, have resulted in economic uncertainty across the globe and volatility in all markets, including oil and gas, to which the Company's operation are closely linked.”

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

Filings

1

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.

• Turnover

  +34.7%

  £7,216,443 → £9,716,961

• Cash

  +254.8%

  £958,495 → £3,400,512

• Net assets

  +5%

  -£30,463,683 → -£28,951,109

• Employees

  -7.1%

  14 → 13

• Operating profit

  +185.1%

  £868,669 → £2,476,333

• Profit before tax

  +192.5%

  £813,179 → £2,378,498

• Wages

  -12.2%

  £459,550 → £403,552

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