Enterprise Oil Limited
Extraction of crude petroleum · London
ActiveUnited KingdomIncorporated 1982Private Limited Company
Financial position
Accounts to 2025-12-31 · GBP · Company accounts
Net assets
£1,709,600,000
Cash
£1,900,000
Turnover
£326,100,000
Profit / loss
£190,200,000
Current assets
£1,249,600,000
Creditors < 1 year
£343,800,000
Equity
£1,709,600,000
Average employees
Not available
Balance-sheet trend
GBP · companyFinancial statements
Selected figures from the best-ranked available filing for each period. Missing values remain unknown.
Some figures were read by AI from scanned accounts, so small errors are possible. View the filed accounts
| Reported figures | 2025-12-31Company · AI-read | 2024-12-31Company · AI-read |
|---|---|---|
| Balance sheet | ||
| Net assets | £1,709,600,000 | £1,519,400,000 |
| Equity | £1,709,600,000 | £1,519,400,000 |
| Share capital | £761,000,000 | £761,000,000 |
| Retained earnings | £583,600,000 | £393,400,000 |
| Assets | ||
| Fixed assets | £1,075,200,000 | — |
| Investments | £1,075,200,000 | £1,110,200,000 |
| Current assets | £1,249,600,000 | £691,100,000 |
| Cash at bank | £1,900,000 | — |
| Debtors | £1,247,600,000 | £687,500,000 |
| Stock | £100,000 | £3,600,000 |
| Liabilities | ||
| Creditors within one year | £343,800,000 | £367,800,000 |
| Provisions | £271,400,000 | £324,500,000 |
| Net current assets | £905,800,000 | £604,000,000 |
| Assets less current liabilities | £1,981,000,000 | £1,843,900,000 |
| Profit & loss | ||
| Turnover | £326,100,000 | £396,800,000 |
| Cost of sales | £78,000,000 | £283,300,000 |
| Gross profit | £248,100,000 | £113,500,000 |
| Administrative expenses | £7,500,000 | £6,300,000 |
| Other operating income | £29,300,000 | — |
| Operating profit | £269,700,000 | £99,800,000 |
| Interest receivable | £13,300,000 | £22,600,000 |
| Interest payable | £58,300,000 | £45,200,000 |
| Profit before tax | −£10,000,000 | £21,900,000 |
| Tax | −£200,200,000 | £71,400,000 |
| Profit / loss | £190,200,000 | −£49,500,000 |
| Dividends | — | £359,600,000 |
| Operating costs | ||
| Audit fees | £25,680,000,000 | £43,672,000,000 |
| Source evidence | View filing | View filing |
From the accounts
What the accounts for 2025-12-31 say about themselves, read by AI from the scanned filing.
- Auditor
- Ernst & Young LLP
- Audit opinion
- Clean (unmodified)
- Immediate parent
- Shell U.K. Limited
- Ultimate parent
- Shell plc
- Ultimate controlling party
- Shell plc
- Accounts
- FRS 101
- Approved
- 2026-09-10, signed by Muhammad H Siddiqui
Subsidiaries (9)
- Shell North Sea Holdings Limited · 100% · Ugland House, Grand Cayman, KY1-1104, Cayman Islands
- Enterprise Oil Middle East Limited · 100% · Shell Centre, London, SE1 7NA, United Kingdom
- Enterprise Oil U.K. Limited · 100% · Shell Centre, London, SE1 7NA, United Kingdom
- Saxon Oil Limited · 100% · 8 York Road, London, SE1 7NA, United Kingdom
- Beryl North Sea Limited · 100% · Whitehall House, Grand Cayman, KY1-1102, Cayman Islands
- Shell Upstream Overseas Services (I) Limited* · 100% · Shell Centre, London, SE1 7NA, United Kingdom
- Saxon Oil Miller Limited * · 100% · Shell Centre, London, SE1 7NA, United Kingdom
- Shell Clair UK Limited * · 100% · Shell Centre, London, SE1 7NA, United Kingdom
- Shell EP Offshore Ventures Limited · 100% · Shell Centre, London, SE1 7NA, United Kingdom
Turnover by segment (4)
- Europe: 326.1 (m) (2025-12-31)
- Europe: 396.8 (m) (2024-12-31)
- Sale of oil and gas: 326.1 (m) (2025-12-31)
- Sale of oil and gas: 396.8 (m) (2024-12-31)
Share classes (1)
- 3,044,062,655 Issued share capital of £0.25 each of £0.25
Events after the year end (2)
- On 20 February 2026, the Company made the equity injection into its subsidiary Shell EP Offshore Ventures Limited for the amount of £8.9 million.
- The conflict in the Middle East has led to significant and ongoing disruption across global energy markets, creating uncertainty around supply, pricing and operational stability.
Secured borrowing
Registered charges, lenders and security interests.
Charges and related records
0 outstanding chargesNo charges available in our records.