HESS FINANCE

ONE, FLEET PLACE, LONDON, EC4M 7WS

Previous name: AMERADA HESS FINANCE LIMITED (changed on 09-Jun-2006)
Previous name: AMERADA ENERGY LIMITED (changed on 13-May-2004)

Company Number: 04060353
Incorporation date: 22-Aug-2000
Status: Liquidation
Entity type: Private Unlimited Company

SIC codes:
06200 Extraction of natural gas





SUMMARY

This company is 23.6 years old and is currently liquidation. It is controlled by Hess Malaysia And Thailand Limited. The company has negative equity (net assets) of USD -1.1 billion which has worsened since the previous year's figure of USD 1 billion. The company has 2 active officers (directors or partners) who are or were officers of 14 other companies, 3 (21.4%) of which have since been dissolved or are proposed for strike off. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.


FINANCIALS (BETA)


Accounts Filed: FULL (31-Dec-2020)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
31-Dec-2019 USD 24,767,205
31-Dec-2018 USD 20,528,368 20,528,368
31-Dec-2017 USD 10,497,550 10,497,550


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Dec-2019 USD 98,577 985,651,425 68,616,594 -1,054,366,596
31-Dec-2018 USD 2 98,577 985,651,425 43,849,389 1,029,599,391
31-Dec-2017 USD 2 98,577 985,651,425 23,321,021 1,009,071,023

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
Insufficient available data for calculating valuations.

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
Resigned Ian David COLE 30 Dec 2011 31 Oct 2013 0 - 1
Resigned Roger Morris HARWOOD 09 Jul 2010 30 Dec 2011 0 - 1
Resigned John Alan Brown DUNLOP 09 Feb 2001 17 Jun 2010 0 - 26
Resigned Christopher Benjamin CHALONER 22 Aug 2000 09 Feb 2001 1 - 66

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Mark GRINFELD 18 May 2018 Oil Company Executive American 9 - 42 (15.4%)
Resigned Peter Alexander BLAIR 27 May 2016 18 May 2018 Oil Company Executive British 0 - 133 (23.1%)
Active Michael James CHADWICK 27 Mar 2015 Oil Company Executive British 7 - 74 (28.6%)
Resigned Alan Stuart GIBBONS 31 Oct 2013 30 Mar 2015 Oil Company Executive British 0 - 2713 (48.1%)
Resigned Ian David COLE 30 Dec 2011 31 Oct 2013 Oil Company Executive British 0 - 267 (26.9%)
Resigned Brendan John CAREY 01 Mar 2008 27 May 2016 Oil Company Executive Australian 0 - 3014 (46.7%)
Resigned Alan Stuart GIBBONS 29 Aug 2006 14 May 2008 Oil Co Executive British 0 - 2713 (48.1%)
Resigned Kevin Frederick CLARKE 16 Aug 2006 01 Mar 2008 Oil Co Executive British 0 - 2211 (50.0%)
Resigned Roger Morris HARWOOD 16 Aug 2006 30 Dec 2011 Solicitor British 0 - 5123 (45.1%)
Resigned Howard PAVER 02 Feb 2004 31 Mar 2016 Managing Director, Internation British 0 - 3816 (42.1%)
Resigned Roger Simon Coltman PHILLIPS 05 Sep 2002 31 Mar 2004 Oil Company Executive British 0 - 2612 (46.2%)
Resigned John Alan Brown DUNLOP 05 Sep 2002 14 May 2008 Solicitor British 0 - 2613 (50.0%)
Resigned Andrew John BOETIUS 22 Aug 2000 28 Feb 2002 Oil Company Executive British 0 - 119 (81.8%)
Resigned Christopher Benjamin CHALONER 22 Aug 2000 19 Feb 2002 Oil Company Executive British 1 - 6632 (47.8%)
Resigned Adrian FERNANDO 22 Aug 2000 27 Feb 2002 Oil Company Executive British 0 - 2011 (55.0%)
Resigned Caroline Anne, Dr HARPER 22 Aug 2000 27 Feb 2002 Oil Company Executive British 2 - 128 (57.1%)
Resigned Roger Simon Coltman PHILLIPS 22 Aug 2000 28 Feb 2002 Oil Company Executive British 0 - 2612 (46.2%)
Resigned William Samuel Hugh LAIDLAW 22 Aug 2000 30 Sep 2001 Oil Company Executive British 1 - 4419 (42.2%)
Resigned Richard Paul BROWNING 22 Aug 2000 28 Feb 2002 Oil Company Executive British 0 - 98 (88.9%)
Number of active directors: 2
Average tenure of active directors: 7.4 years
Average tenure of resigned directors: 3.0 years
Average active director Dissolution Rate: 22.0%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
HESS LIMITED (00807346) - Active
HESS TRADING LIMITED (02265209) - Active
HESS (OIL & GAS) LIMITED (03161815) - Active
HESS GHANA INVESTMENTS I LIMITED (03200496) - Active
HESS (KAZAKSTAN) LIMITED (03296884) - Liquidation
HESS FINANCE (04060353) - Liquidation
HESS (UK) INTERNATIONAL HOLDINGS LIMITED (04084790) - Liquidation
HESS NWE HOLDINGS (04114101) - Active
HESS (INDONESIA-SOUTH SESULU) LIMITED (06148623) - Active
HESS OIL TRADING LIMITED (06278375) - Dissolved
HESS SERVICES UK LIMITED (06409506) - Active
HESS HOLDINGS UK LIMITED (06422318) - Active
HESS MALAYSIA AND THAILAND LIMITED (08206717) - Active
HESS INTERNATIONAL LIMITED (FC019099) - Active
HESS PROPERTY SERVICES LIMITED (SC105595) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2015-08-222014-08-222013-08-222012-08-22
HESS THAILAND HOLDINGS I LIMITEDORDINARY97,500
98.9%
97,500
100.0%
0
0%
0
0%
HESS THAILAND HOLDINGS I LIMITEDORDINARY1,075
1.09%
1
0.001%
0
0%
0
0%
HESS THAILAND HOLDINGS I LIMITEDORDINARY1
0.001%
0
0%
0
0%
0
0%
HESS NWE HOLDINGSORDINARY0
0%
0
0%
1
100%
1
14.3%
HESS OIL AND GAS HOLDINGS INC.ORDINARY0
0%
0
0%
0
0%
6
85.7%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

HESS FINANCE

no controlled companies

LATE PAYMENTS REPORT


This company has not filed any late payment reports possibly because it is not considered \'Large\'.

COURT CASES


No Court Cases found

PATENTS


No Patents found

COMPETITORS

(Based on Sic code: 06200 Extraction of natural gas)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
INEOS UK E&P HOLDINGS LIMITED BRODIES HOUSE, 31-33 UNION GROVE, ABERDEEN, SCOTLAND, AB10 6SD SC200459 2017-12-31 434,937,000 -492,006,000
BG SOUTH ASIA LNG LIMITED SHELL CENTRE, YORK ROAD, LONDON, SE1 7NA 08879512 2017-12-31 365,832,000 2,928,000
INEOS UK SNS LIMITED ANCHOR HOUSE, 15-19 BRITTEN STREET, LONDON, ENGLAND, SW3 3TY 01021338 2017-12-31 150,753,000 -3,806,000
ENI JPDA 03-13 LIMITED ENI HOUSE, 10 EBURY BRIDGE ROAD, LONDON, SW1W 8PZ 02664257 2017-12-31 108,456,000 24,857,000
CENTRICA STORAGE LIMITED WOODLAND HOUSE, WOODLAND PARK, HESSLE, UNITED KINGDOM, HU13 0FA 03294124 2017-12-31 79,000,000 78,000,000 35220-Distribution of gaseous fuels through mains
49500-Transport via pipeline
82990-Other business support service activities not elsewhere classified
ANTIN CATS LIMITED SUITE 1 7TH FLOOR, 50 BROADWAY, LONDON, UNITED KINGDOM, SW1H 0BL 08021886 2017-12-31 75,474,000 41,424,000
PKM OILFIELD SERVICES LIMITED ANSTEY HOUSE WEST ROAD, FORNCETT ST. PETER, NORWICH, NORFOLK, NR16 1LF 06499803 2018-03-31 126,420 0
D T SERVICES 30 LIMITED BOWERSCROFT BULLS GREEN ROAD, TOFT MONKS, BECCLES, SUFFOLK, UNITED KINGDOM, NR34 0DR 10258967 2018-06-30 49,263 0
WPH INSPECTIONS LIMITED 18 CONSTABLE DRIVE, BRADWELL, GREAT YARMOUTH, NORFOLK, ENGLAND, NR31 9RA 08306381 2018-11-30 39,614 0
JG SERVICES (GT. YARMOUTH) LTD 16 ST. NICHOLAS DRIVE, CAISTER ON SEA GREAT YARMOUTH, NORFOLK, NR30 5QS 06583805 2018-01-05 34,663 0
DRAKE ADVISORY LTD. 194 STANLEY ROAD, TEDDINGTON, MIDDLESEX, TW11 8UE 02708271 2017-04-30 217 0
WEST POINT SETANA TRADING LIMITED 7 MAPLETON DRIVE, SUTTON WEAVER, CHESHIRE, ENGLAND, WA7 3LG 08551609 2018-05-31 0 0
BG LNG INVESTMENTS LIMITED SHELL CENTRE, LONDON, UNITED KINGDOM, SE1 7NA 06945433 0000-00-00 0 0
INEOS OFFSHORE BCS LIMITED ANCHOR HOUSE, 15-19 BRITTEN STREET, LONDON, ENGLAND, SW3 3TY 09687203 0000-00-00 0 0
INEOS UPSTREAM HOLDINGS LIMITED ANCHOR HOUSE, 15-19 BRITTEN STREET, LONDON, ENGLAND, SW3 3TY 10645161 0000-00-00 0 0

LIQUIDATION RISK (BETA)



This company is Liquidation. Statistically, such companies have a VERY HIGH probability of being liquidated within a year.
Here are our probability predictions:
Basis Liquidation within 3 months Liquidation within 6 months Liquidation within 12 months Prediction confidence
Company status 100.0% 99.4% 99.9% High
Other companies Active in the same sector Too few competitors
Age 0.3% 1.3% 2.4% Medium
Company Type 0.8% 2.9% 4.4% Medium
Accounts category 0.7% 2.2% 3.8% Medium
Accounting Month 0.6% 2.4% 5.5% Medium
Sic code count 0.7% 3.5% 7.0% Medium