Britannic Strategies Limited
Private Limited Company · Aberdeen
ActiveUnited KingdomIncorporated 1990Private Limited Company
Financial position
Accounts to 2025-12-31 · USD · Company accounts
Net assets
USD 1,734,764,000
Cash
—
Turnover
USD 2,988,000
Profit / loss
−USD 33,382,000
Current assets
—
Creditors < 1 year
—
Equity
USD 1,734,764,000
Average employees
Not available
Balance-sheet trend
USD · 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 | USD 1,734,764,000 | USD 1,258,736,000 |
| Equity | USD 1,734,764,000 | USD 1,258,736,000 |
| Share capital | USD 1 | USD 1,360,514,000 |
| Retained earnings | USD 1,769,402,000 | −USD 79,730,000 |
| Assets | ||
| Fixed assets | USD 1,045,951,000 | USD 1,251,112,000 |
| Investments | USD 1,045,951,000 | USD 1,251,112,000 |
| Debtors | USD 688,813,000 | USD 7,624,000 |
| Stock | USD 2,000 | USD 1,000 |
| Liabilities | ||
| Net current assets | USD 688,813,000 | USD 7,624,000 |
| Assets less current liabilities | USD 1,734,764,000 | USD 1,258,736,000 |
| Profit & loss | ||
| Turnover | USD 2,988,000 | USD 682,000 |
| Administrative expenses | USD 31,000 | USD 751,000 |
| Other operating income | USD 19,000 | — |
| Operating profit | −USD 30,050,000 | USD 936,000 |
| Interest receivable | USD 862,000 | USD 1,511,000 |
| Interest payable | USD 143,000 | USD 65,000 |
| Profit before tax | −USD 29,331,000 | USD 2,382,000 |
| Tax | USD 4,051,000 | USD 6,000 |
| Profit / loss | −USD 33,382,000 | USD 2,376,000 |
| Operating costs | ||
| Audit fees | USD 53,000 | USD 49,000 |
| 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
- Deloitte LLP
- Audit opinion
- Clean (unmodified)
- Immediate parent
- BP International Limited
- Ultimate parent
- BP p.l.c.
- Ultimate controlling party
- BP p.l.c.
- Accounts
- Full accounts · FRS 101
- Approved
- 2026-09-04, signed by N M Staunton
Related parties (3)
- BP Sinopec Marine Fuels Pte. Ltd · Joint venture · Dividend income · 911 (000s)
- BP Sinopec Marine Fuels Pte. Ltd · Joint venture · Dividend income · 1,005 (000s)
- BP International Limited · Immediate parent company · Capital distribution payments made on its behalf for an offtake arrangement · $12,590,000 (000s)
Share classes (1)
- 1 ordinary of £1 each
Events after the year end (3)
- The ongoing situation in the Middle East has impacted current market conditions resulting in heightened volatility in 2026; the directors do not expect the event to have a material impact on the financial statements.
- On 19 June 2026, the company subscribed for 5,000 ordinary shares in BP Energy Korea Limited (BPEK) for a total consideration of KRW 2,165,000,000 (equivalent to $1,440,000).
- Subsequent to the reporting date, the company approved an equity injection of $150,000,000 to provide additional funding and support BP Carbon Trading Limited's ongoing operations; at the date of approval of the financial statements, the injection had not yet been completed.
Contingent liabilities (1)
- The company has issued a guarantee of $100,000,000 (2024 $100,000,000) for a joint venture's credit facility; this is proportionate to its 50% shareholding in the joint venture, BP Sinopec Marine Fuels Pte. Ltd. No material losses are likely to arise from this guarantee.
Secured borrowing
Registered charges, lenders and security interests.
Charges and related records
0 outstanding chargesNo charges available in our records.