INEOS UK E&P HOLDINGS LIMITED

BRODIES HOUSE, 31-33 UNION GROVE, ABERDEEN, AB10 6SD

Previous name: DEA UK E&P HOLDINGS LIMITED (changed on 01-Dec-2015)
Previous name: RWE DEA UK HOLDINGS LIMITED (changed on 23-Mar-2015)

Company Number: SC200459
Incorporation date: 30-Sep-1999
Status: Active
Entity type: Private Limited Company

SIC codes:
06200 Extraction of natural gas

SUMMARY

This company is 25.2 years old and is currently active. It is controlled by Ineos Offshore Bcs Limited. The company has negative equity (net assets) of GBP -522.8 million which has worsened since the previous year's figure of GBP -438.1 million. The latest reported revenue figure is GBP 1.1 billion which is down -20% on the previous year. The company has 5 active officers (directors or partners) who are or were officers of 84 other companies, 18 (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)

Next accounts due: 30-Sep-2025
Accounts Filed: GROUP (31-Dec-2023)

P&L Financials:

Year end	Currency	Revenue	Operating profit	Tax	Net Profit GBP
31-Dec-2019	GBP	1,053,637,000	-53,148,000	-85,543,000	-65,568,000
31-Dec-2018	GBP	1,349,124,000	522,533,000	305,105,000	72,228,000
31-Dec-2017	GBP		-437,740,000	-37,071,000	-492,006,000
31-Dec-2016	GBP		-44,915,000	-151,000	-171,162,000

Balance Sheet Financials:

Year end	Currency	Cash	Current Assets	Current Liabilities	Share Capital	Premium Reserve	Retained Earnings	Net Assets
31-Dec-2019	GBP	69,623,000	377,993,000	429,166,000	74,327,000	173,683,000		-522,787,000
31-Dec-2018	GBP	120,078,000	462,367,000	582,462,000	74,327,000	173,683,000	-710,538,000	-438,123,000
31-Dec-2017	GBP	225,752,000	425,597,000	564,006,000	74,327,000	173,683,000	-749,777,000	-479,710,000
31-Dec-2016	GBP	26,581,000	60,737,000	27,755,000	74,327,000	22,546,000		74,327,000

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)
Active	Cordelia Alexis Loveday PACE	30 Apr 2018	09 Dec 2024			1 - 0
Resigned	Stuart Adrian COREY	05 Feb 2015	30 Apr 2018			0 - 1
Active	Gemma Louise MCLUCAS	28 Jan 2015	09 Dec 2024			1 - 0
Resigned	Nicholas Jon MITCHELL	20 Oct 2008	17 Jun 2016	Solicitor	British	0 - 11
Resigned	Sandra Faye REDDING	24 Jan 2007	03 Dec 2014		British	0 - 5
Resigned	Nicholas Jon MITCHELL	24 May 2004	24 Jan 2007		British	0 - 11
Resigned	Mark William DERBYSHIRE	12 Nov 2003	24 May 2004		British	0 - 5
Resigned	Christopher Malcolm BATE	11 May 2000	12 Nov 2003		British	0 - 25

DIRECTORS

Status	Name	Appointed on	Resigned on	Occupation	Nationality	All appointments (active/resigned)	Dissolved companies (rate)
Active	Simon Geoffrey SLATER	19 Jun 2024		Commercial Manager	British	10 - 0	0 (0.0%)
Active	René Bak LANGE	04 Sep 2023		Operations Director	Danish	1 - 0	0 (0.0%)
Active	Richard Andrew ROSE	10 Aug 2022		Cfo	British	16 - 48	16 (25.0%)
Resigned	Mark Jonathan HOBBS	31 May 2022	23 Aug 2023	Operations Director	British	1 - 5	0 (0.0%)
Active	David James BUCKNALL	01 Nov 2021		Ceo	British	19 - 2	1 (4.8%)
Resigned	Adrian John COKER	02 Nov 2020	29 Jan 2021	Subsurface Director	British	0 - 15	0 (0.0%)
Resigned	Michael LLEWELLYN	02 Nov 2020	10 Aug 2022	Chartered Accountant	British	1 - 12	1 (7.7%)
Resigned	Gareth Jon ANDERSON	01 Jun 2019	11 Nov 2020	Finance Director	British	0 - 13	1 (7.7%)
Resigned	Tanja Jo Ebbe DALGAARD	01 Jun 2019	02 Nov 2020	Director	Danish	0 - 5	0 (0.0%)
Resigned	Mads Weng GADE	31 Jan 2018	19 Jun 2024	Commercial Director	Danish	1 - 7	0 (0.0%)
Resigned	Martin Alfred STEPHENSON	31 Jan 2018	01 Jun 2019	Geologist	British	0 - 9	0 (0.0%)
Resigned	David Nicholas BROOKS	11 Oct 2017	11 Sep 2020	Director	British	0 - 5	0 (0.0%)
Resigned	Mark Andrew HUGHES	09 May 2016	31 Jan 2018	Commercial Director	British	1 - 16	6 (35.3%)
Resigned	Adrian John COKER	09 May 2016	11 Oct 2017	Subsurface Director	British	0 - 5	0 (0.0%)
Resigned	Hans-Juergen, Dr BISTER	09 May 2016	11 Oct 2017	Operations Director	German	0 - 5	0 (0.0%)
Resigned	Douglas Stewart SCOTT	09 May 2016	01 Nov 2021	Drilling And Decommissioning Director	British	1 - 21	6 (27.3%)
Resigned	Adrian John COKER	09 May 2016	11 Oct 2017	Subsurface Director	British	0 - 15	0 (0.0%)
Resigned	Jonathan Frank GINNS	30 Nov 2015	06 May 2016	Director	British	55 - 48	16 (15.5%)
Active	Andrew James PIZZEY	30 Nov 2015		Accountant	British	12 - 19	4 (12.9%)
Resigned	Geir TUFT	30 Nov 2015	11 Oct 2017	Director	Norwegian	4 - 27	2 (6.5%)
Resigned	Friedrich Thomas, Dr. RADWITZ	01 Jun 2015	30 Nov 2015	Managing Director	German	0 - 2	0 (0.0%)
Resigned	Annette LIPPOLD	27 May 2014	30 Nov 2015	Finance Manager	German	0 - 2	0 (0.0%)
Resigned	Hans-Joachim POLK	31 Jul 2013	28 Nov 2013	Director	German	0 - 2	0 (0.0%)
Resigned	Dirk SCHOENE	01 Sep 2010	31 May 2015	Finance Manager	German	0 - 7	5 (71.4%)
Resigned	Rene PAWEL	16 May 2008	31 Jul 2013	Director	Austrian	0 - 7	5 (71.4%)
Resigned	Thomas, Dr KREMSKI	07 Mar 2008	30 Nov 2015	Financial Controller	German	0 - 5	3 (60.0%)
Resigned	Colja JOHANNSEN	01 Oct 2005	01 Sep 2010	Director	German	0 - 7	5 (71.4%)
Resigned	Norbert SCHILLING	06 Oct 2003	07 Mar 2008	Director	German	0 - 5	3 (60.0%)
Resigned	John Anthony AUSTIN	17 Apr 2003	22 Feb 2006	Geophysicist	British	1 - 9	3 (30.0%)
Resigned	Marion Martina PRINZ	17 Apr 2003	30 Sep 2003	Comptroller	German	0 - 5	3 (60.0%)
Resigned	Paul Torquil, Dr JEFFS	17 Apr 2003	21 Apr 2016	Petroleum Eng	British	0 - 9	6 (66.7%)
Resigned	Andreas MAUELER	24 Jun 2002	31 Jul 2005	Company Director	German	0 - 5	3 (60.0%)
Resigned	Christoph Johannes SCHLICHTER	05 Feb 2002	15 May 2008	Petroleum Engineer	German	0 - 6	3 (50.0%)
Resigned	John Anthony HOGAN	16 Oct 2000	05 Feb 2002	Chief Executive	British	0 - 42	15 (35.7%)
Resigned	William E. MACAULAY	18 May 2000	05 Feb 2002	Ceo	American	0 - 15	12 (80.0%)
Resigned	Keith James PRINGLE	11 May 2000	24 Jun 2002	Reservoir Engineer	British	0 - 24	20 (83.3%)
Resigned	Jeffrey Saunders MACDONALD	11 May 2000	05 Jun 2002	Director	British	0 - 16	12 (75.0%)
Resigned	Alexander HUNTER	11 May 2000	24 Jun 2002	Business Consultant	British	0 - 19	12 (63.2%)
Resigned	John William Gervase HONEYBOURNE	27 Apr 2000	05 Feb 2002	Investment Company Executive	British	0 - 15	11 (73.3%)
Resigned	LEDINGHAM CHALMERS	30 Sep 1999	12 Nov 2003			1 - 529	267 (50.4%)
Resigned	DURANO LIMITED	30 Sep 1999	27 Apr 2000			0 - 260	121 (46.5%)

Number of active directors: 5
Average tenure of active directors: 3.2 years
Average tenure of resigned directors: 2.8 years
Average active director Dissolution Rate: 8.5%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name	Simon Geoffrey SLATER	René Bak LANGE	Richard Andrew ROSE	David James BUCKNALL	Andrew James PIZZEY
INEOS UK SNS LIMITED (01021338) - Active	✔		✔	✔	✔
MAGHREB OFFSHORE LIMITED (01057332) - Active			✔
PREMIER OIL FAR EAST LIMITED (01135444) - Active			✔
PREMIER OIL ABERDEEN SERVICES LIMITED (01164961) - Active			✔
PREMIER OIL EXPLORATION ONS LIMITED (01241035) - Liquidation			✔
PREMIER OIL SOUTH ANDAMAN LIMITED (01474678) - Active			✔
INEOS STYRENICS UK LIMITED (01780289) - Liquidation					✔
INEOS BIO LIMITED (02388655) - Dissolved					✔
INEOS COMPOUNDS UK LTD (02514084) - Active					✔
INEOS E&P (SIRI) UK LIMITED (02650006) - Active				✔
PREMIER OIL E&P UK LIMITED (02761032) - Active			✔
PREMIER PENSION PLAN TRUSTEE LIMITED (02841657) - Active			✔
PREMIER OIL E&P UK EU LIMITED (02907493) - Active			✔
ENCORE OIL LIMITED (03328217) - Active			✔
PREMIER OIL AND GAS SERVICES LIMITED (03468792) - Active			✔
PREMIER OIL HOLDINGS LIMITED (03689620) - Active			✔
PREMIER OVERSEAS HOLDINGS LIMITED (03689626) - Liquidation			✔
PREMIER OIL E&P UK ENERGY TRADING LIMITED (04103928) - Liquidation			✔
INEOS E&P (UK) LIMITED (04376184) - Active	✔		✔	✔	✔
PREMIER OIL ONS LIMITED (04453364) - Active			✔
INEOS VINYLS GROUP LIMITED (04482030) - Active					✔
INEOS CLIPPER SOUTH B LIMITED (04649606) - Active	✔		✔	✔	✔
INEOS CLIPPER SOUTH C LIMITED (04967270) - Active	✔		✔	✔	✔
PREMIER OIL BARAKUDA LIMITED (05052042) - Active			✔
ENCORE (NNS) LIMITED (05301950) - Active			✔
PETROINEOS EUROPE LIMITED (05310655) - Active					✔
PREMIER OIL (ENCORE PETROLEUM) LIMITED (05388528) - Active			✔
ENCORE OIL AND GAS LIMITED (05388531) - Liquidation			✔
ENCORE NATURAL RESOURCES LIMITED (05432824) - Liquidation			✔
SERICA ENERGY PLC (05450950) - Active			✔
PREMIER OIL ANS HOLDINGS LIMITED (05452607) - Liquidation			✔
PREMIER OIL ANS LIMITED (05681805) - Active			✔
ENCORE (VOG) LIMITED (05697504) - Liquidation			✔
INEOS ABS (UK) LIMITED (06312813) - Active					✔
ENCORE CCS LIMITED (06449599) - Liquidation			✔
INEOS 120 ENERGY LIMITED (06559929) - Active				✔	✔
INEOS DERIVATIVES FRANCE LIMITED (06674365) - Active					✔
INEOS 120 EXPLORATION LIMITED (06714831) - Active			✔	✔	✔
INEOS 120 POWER LIMITED (06714835) - Active					✔
INEOS FILMS LIMITED (07085014) - Active					✔
SHETLAND LAND LEASE LIMITED (07224751) - Active	✔
INEOS E&P SERVICES (UK) LIMITED (07227427) - Active - Proposal to Strike off			✔	✔	✔
PREMIER OIL INVESTMENTS LIMITED (07252514) - Liquidation			✔
XEO EXPLORATION LIMITED (07358244) - Liquidation			✔
PREMIER OIL ANDAMAN I LIMITED (07447540) - Active			✔
PREMIER OIL VIETNAM 121 LIMITED (07961063) - Active			✔
PREMIER OIL MEXICO HOLDINGS LIMITED (08033702) - Active			✔
PREMIER OIL CCS LIMITED (08097126) - Liquidation			✔
NAVITAS PETROLEUM DEVELOPMENT AND PRODUCTION LTD (08138246) - Active			✔
PREMIER OIL EXPLORATION AND PRODUCTION (IRAQ) LIMITED (08140505) - Liquidation			✔
PREMIER OIL BUKIT BARAT LIMITED (08171294) - Liquidation			✔
PREMIER OIL MEXICO INVESTMENTS LIMITED (08279035) - Active			✔
HARBOUR ENERGY CENTRAL ANDAMAN LIMITED (08534717) - Active			✔
PREMIER OIL ANDAMAN LIMITED (08534721) - Active			✔
INEOS CHEMICALS FRANCE HOLDINGS LIMITED (08675590) - Active					✔
INEOS CHEMICALS FRANCE LIMITED (08676471) - Liquidation					✔
INEOS UPSTREAM LIMITED (09121775) - Active			✔	✔	✔
INEOS UPSTREAM SERVICES LIMITED (09485976) - Active			✔	✔	✔
INEOS OFFSHORE BCS LIMITED (09687203) - Active	✔		✔	✔	✔
PREMIER OIL E&P HOLDINGS LIMITED (10121045) - Active			✔
INEOS UPSTREAM HOLDINGS LIMITED (10645161) - Active			✔	✔	✔
PREMIER OIL GROUP HOLDINGS LIMITED (10785965) - Active			✔
INEOS ENERGY TRADING LIMITED (11007244) - Active			✔	✔	✔
HARBOUR ENERGY SECRETARIES LIMITED (12288531) - Active			✔
PREMIER OIL BELGRAVIA HOLDINGS LIMITED (12288712) - Liquidation			✔
PREMIER OIL BELGRAVIA LIMITED (12290237) - Liquidation			✔
HYDROGENONE CAPITAL GROWTH PLC (13340859) - Active				✔
HYDROGENONE CAPITAL GROWTH (GP) LIMITED (13407844) - Active				✔
INEOS ENERGY LNG LIMITED (14395800) - Active				✔	✔
INEOS UPSTREAM FINCO 1 LIMITED (14832351) - Active			✔		✔
INEOS UPSTREAM FINCO 2 LIMITED (14833815) - Active			✔		✔
INEOS ENERGY TRADING AND MARKETING HOLDINGS LIMITED (15736915) - Active				✔	✔
INEOS ENERGY E&P HOLDINGS LIMITED (15737463) - Active	✔		✔	✔
INEOS ENERGY E&P HOLDINGS II LIMITED (16026505) - Active	✔		✔	✔
INEOS ENERGY E&P HOLDINGS III LIMITED (16054541) - Active	✔		✔	✔
PREMIER OIL FINANCE (JERSEY) LIMITED (FC033995) - Active			✔
EBURY GATE LIMITED (FC037639) - Active			✔
PETROINEOS MANUFACTURING SCOTLAND LIMITED (SC010612) - Active					✔
PREMIER OIL GROUP LIMITED (SC017829) - Active			✔
PREMIER OIL EXPLORATION LIMITED (SC021265) - Active			✔
PREMIER OIL UK LIMITED (SC048705) - Active			✔
INEOS UK E&P HOLDINGS LIMITED (SC200459) - Active	✔	✔	✔	✔	✔
HARBOUR ENERGY PLC (SC234781) - Active			✔
INNOVENE TRUSTEE LIMITED (SC300164) - Active					✔
INEOS CHEMICALS TRUSTEE LIMITED (SC400119) - Active					✔

SHAREHOLDERS (BETA)

Shareholder name	Share class	Shares at confirmation date
Shareholder name	Share class	2020-07-26	2018-07-26	2016-09-15	2015-09-15	2014-09-15
INEOS OFFSHORE BCS LIMITED	ORDINARY	74,327,242 100%	74,327,241 100%	74,327,239 100%	0 0%	0 0%
HIGHLAND MARINE STICHTING	ORDINARY	0 0%	0 0%	0 0%	74,327,239 100%	0 0%
RWE DEA AG	ORDINARY	0 0%	0 0%	0 0%	0 0%	74,327,239 100%

SHAREHOLDINGS (BETA)

Company name	Share class	Shares at confimation date
Company name	Share class	2021-04-05	2020-01-10	2019-03-21	2018-04-19	2018-02-18
INEOS UK E&P HOLDINGS LIMITED	ORDINARY	168,800,001 100%	0 0%	100 100%	1,750,001 100%	0 0%
INEOS UK E&P HOLDINGS LIMITED	ORDINARY CLASS A SHARES	0 0%	100 100%	0 0%	0 0%	0 0%
INEOS UK E&P HOLDINGS LIMITED	ORDINARY SHARES	0 0%	0 0%	0 0%	0 0%	85,610,000 100%

CONTROLLED COMPANIES / CONTROLLING ENTITIES

>75%:Ineos Offshore Bcs Limited (9687203 - United Kingdom (England And Wales)) active

Controlling entities above

INEOS UK E&P HOLDINGS LIMITED

Controlled companies below

>75%:INEOS CLIPPER SOUTH B LIMITED (04649606 - UK) active
>75%:INEOS CLIPPER SOUTH C LIMITED (04967270 - UK) active
>75%:INEOS UK SNS LIMITED (01021338 - UK) active
>75%:INEOS E&P (UK) LIMITED (04376184 - UK) active
>75%:INEOS E&P SERVICES (UK) LIMITED (07227427 - UK) active
>75%:INEOS E&P (SIRI) UK LIMITED (02650006 - UK) active
>75%:INEOS FPS LIMITED (10660338 - UK) ceased
- >75%:GRANGEMOUTH HOLDINGS LIMITED (05572972 - UK) active
  - >75%:GRANGEMOUTH PROPERTIES LIMITED (05572956 - UK) active

LATE PAYMENTS REPORT

Start date	End date	Average days to pay	% invoices paid over 60 days	% invoices not paid within agreed terms	Gov.uk report
2024-01-01	2024-06-30	25	2%	11%	88632
2023-07-01	2023-12-31	28	3%	16%	79432
2023-01-01	2023-06-30	27	3%	10%	72107
2022-07-01	2022-12-31	23	2%	14%	67104
2022-01-01	2022-06-30	28	3%	20%	61248
2021-07-01	2021-12-31	33	6%	32%	55896
2021-01-01	2021-06-30	28	4%	26%	49430
2020-07-01	2020-12-31	28	4%	22%	40473
2020-01-01	2020-06-30	25	4%	19%	33175
2019-07-01	2019-12-31	26	4%	19%	28488
2019-01-01	2019-06-30	36	9%	36%	20531
2018-07-01	2018-12-31	40	8%	38%	9585
2018-01-01	2018-06-30	30	5%	44%	3653

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	38 LATHAM AVENUE, LATHAM AVENUE, FRODSHAM, ENGLAND, WA6 0ER	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 Active. Statistically, Active companies have a low 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
INEOS UK E&P HOLDINGS LIMITED	0.7%	3.6%	7.1%	Medium
Other companies Active in the same sector	Too few competitors


Age	0.3%	1.3%	2.4%	Medium
Company Type	0.7%	3.7%	7.4%	Medium
Accounts category	0.6%	1.5%	2.5%	Medium
Accounting Month	0.6%	2.4%	5.5%	Medium
Sic code count	0.7%	3.5%	7.0%	Medium