NEO NEXT + ENERGY RESOURCES UK LIMITED

Active
Company number 00825828Private limited companyIncorporated 1964

Key figures

1,447,456,000 USD+2.9%
Net assets 2025
+2.9%
Average annual growth 2024–2025
0500 m1 bn1.5 bn20242025

Amounts are in USD (the currency of the accounts).

† NEO NEXT + ENERGY RESOURCES UK LIMITED filed these accounts on paper, so Companies House publishes them only as a scanned image. The figures for the years marked † were read automatically from the scan and kept only where the statements add up (for example net assets equal total equity), but a reading error is still possible — check the original accounts at Companies House.

Ratios

2025

Sector comparison

SIC 06100

Where the company stands among the 1,134 active companies whose first SIC code is 06100 (Extraction of crude petroleum).

Company age62.0 years
Older than 96% · median 14.1 years
Largest in this sector by net assets
  1. ENI UK LIMITED£1.3bn
  2. SABAH SHELL PETROLEUM COMPANY LIMITED£1.2bn
  3. CHEVRON BRITAIN LIMITED£1.2bn
  4. NEO NEXT+ ENERGY E&P NORTH SEA UK LIMITED£1bn
  5. SPIRIT ENERGY PRODUCTION UK LIMITED£909.3m
  6. CHRYSAOR PRODUCTION (U.K.) LIMITED£888.7m
  7. ESSO EXPLORATION AND PRODUCTION UK LIMITED£687m
  8. INEOS E&P (UK) LIMITED£585.8m
  9. EQUINOR WOS LIMITED£525.9m
  10. NEO NEXT + ENERGY OFFSHORE GB LIMITED£518.6m

Positions are approximate. Figures come from each company's latest accounts; money and employee figures are compared only with companies that filed accounts in pounds for a period ending in the last two and a half years and are not dormant. The line on each bar marks the median.

Summary: NEO NEXT + ENERGY RESOURCES UK LIMITED

What kind of company is it?

NEO NEXT + ENERGY RESOURCES UK LIMITED is a private limited company registered with Companies House under company number 00825828. It was incorporated on 3 Nov 1964. Its status is active. The registered office is in London (EC3A). Its nature of business (SIC 2007) is extraction of crude petroleum (06100), extraction of natural gas (06200).

How is the company doing financially?

The latest accounts in the database are for 2025 (period ending 31 Dec 2025); the company files full accounts. Turnover was 96,615,000 USD. Profit for the year was 1,160,859,000 USD. Net assets were 1,447,456,000 USD, up 2.9% on the previous year. Cash at bank and in hand was 3,128,000 USD. Total assets were 3,739,961,000 USD and total liabilities 4,585,010,000 USD. The company had an average of 679 employees. Figures are available for 2 financial years (2024–2025).

How does it compare with similar companies?

Compared with 1,134 active companies whose first SIC code is 06100: It is older than 96% of them (median age 14.1 years).

What do public registers and reports show?

It appears on the Home Office register of licensed sponsors (Global Business Mobility: Senior or Specialist Worker, Skilled Worker). HMRC lists it as an importer of goods, mainly machinery, plastics, iron and steel articles. HMRC lists it as an exporter of goods, mainly mineral fuels and oils, machinery, optical, medical and measuring instruments. In its latest payment practices report it took an average of 28 days to pay suppliers, and 12% of invoices were not paid within agreed terms. Its gender pay gap report for 2025/26 shows median hourly pay for women 20% lower than for men. It has modern slavery statements on the government registry for 4 years.

Who runs and controls the company?

One person with significant control is registered. 2 of 9 registered charges are outstanding.

When are its next filings due?

The next accounts are due by 30 Sep 2027. The next confirmation statement is due by 2 Mar 2027.

Filed accounts2024–2025
2024 †2025 †
Turnover186,272,00096,615,000
Profit for the year-40,543,0001,160,859,000
Cash at bank and in hand2,379,662,0003,128,000
Total assets4,062,152,0003,739,961,000
Total liabilities5,310,206,0004,585,010,000
Net assets / total equity1,407,049,0001,447,456,000
Average number of employees710679

A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.

Statutory reporting

Payment practices1 Jan 2026 – 30 Jun 2026
Average time taken to pay invoices
28 days
Invoices not paid within agreed terms
12%
Standard payment terms
10–60 days
  • Within 30 days 88%
  • 31 to 60 days 10%
  • After 60 days 2%
Earlier periods (7)
Period ending
Days to pay
Within 30 days
Late
31 Dec 2025
28
85%
15%
30 Jun 2025
28
78%
1%
31 Dec 2024
29
87%
13%
30 Jun 2024
28
92%
8%
31 Dec 2023
30
91%
9%
30 Jun 2023
29
85%
15%
31 Dec 2022
30
78%
22%

View the latest report on GOV.UK

Gender pay gap2025/26
Median hourly pay
women 20% lower
Mean hourly pay
women 19.6% lower
Median bonus pay
women 12.1% lower
Employer size
500 to 999 employees
Lower pay quarter30.7% womenLower middle15.7% womenUpper middle3.9% womenUpper pay quarter5.2% women
Earlier years (8)
Year
Median hourly pay
Mean hourly pay
2024/25
women 22.7% lower
women 21.3% lower
2023/24
women 22.9% lower
women 20.5% lower
2022/23
women 21.3% lower
women 22.4% lower
2021/22
women 24.1% lower
women 23.6% lower
2020/21
women 23.8% lower
women 21.7% lower
2019/20
women 14.4% lower
women 16.5% lower
2018/19
women 19.1% lower
women 19.2% lower
2017/18
women 15.3% lower
women 15.9% lower

A positive gap means women's average hourly pay is lower than men's across the whole employer; it is not a comparison of pay for the same work. View on the Gender pay gap service

Modern slavery statements4
2025
Statement · summary on GOV.UK · group statement
2024
Statement · summary on GOV.UK · group statement
2022
Statement · summary on GOV.UK · group statement
Earlier years (1)
2020
Statement · summary on GOV.UK · group statement

Figures the company reported itself to the government's Check payment practices service, Gender pay gap service and Modern slavery statement registry (Open Government Licence v3.0). Only large companies and employers with 250 or more staff have to report, so most companies have nothing here.

Registers and licences

Sponsor licence‡
Licence type and rating
Worker (A rating)
Routes
Global Business Mobility: Senior or Specialist Worker, Skilled Worker

On the Home Office register of licensed sponsors, which lists organisations licensed to sponsor workers from overseas.

International trade‡

Listed by HMRC as an importer of goods in 5 of the last 12 months on record, most recently August 2026. Main goods: machinery, plastics, iron and steel articles, electrical equipment and rubber.

Listed by HMRC as an exporter of goods in 5 of the last 12 months on record, most recently August 2026. Main goods: mineral fuels and oils, machinery and optical, medical and measuring instruments.

From HMRC's monthly lists of importers and exporters. Traders can ask to be left off the lists, so absence does not mean a company does not trade.

Sources: Charity Commission for England and Wales, Care Quality Commission, Home Office and HM Revenue & Customs, under the Open Government Licence v3.0. Entries marked ‡ come from lists that do not state a company number and were linked by an exact match on the registered name.

History

19 events
  1. Name changed to NEO NEXT + ENERGY RESOURCES UK LIMITEDPreviously NEO ENERGY RESOURCES UK LIMITED
  2. Neo Next+ Energy Upstream Uk Limited registered as a person with significant control
  3. Neo Energy Consolidated Holdings Limited registered as a person with significant control
  4. Neo Energy Consolidated Holdings Limited ceased to be a person with significant control
  5. Neo Next Energy Limited ceased to be a person with significant control
  6. Financial year 2025 endedAccounts: turnover 96.6m USD, net assets 1.4bn USD, 679 employees
  7. Name changed to NEO ENERGY RESOURCES UK LIMITEDPreviously REPSOL RESOURCES UK LIMITED
  8. Neo Next Energy Limited registered as a person with significant control
Earlier events (11)
  1. Talisman Colombia Holdco Limited ceased to be a person with significant control
  2. Financial year 2024 endedAccounts: turnover 186.3m USD, net assets 1.4bn USD, 710 employees
  3. Repsol Upstream, B.V. ceased to be a person with significant control
  4. Name changed to REPSOL RESOURCES UK LIMITEDPreviously REPSOL SINOPEC RESOURCES UK LIMITED
  5. Repsol Upstream, B.V. registered as a person with significant control
  6. Addax Petroleum Uk Limited ceased to be a person with significant control
  7. Name changed to REPSOL SINOPEC RESOURCES UK LIMITEDPreviously TALISMAN SINOPEC ENERGY UK LIMITED
  8. Talisman Colombia Holdco Limited registered as a person with significant control
  9. Addax Petroleum Uk Limited registered as a person with significant control
  10. Name changed to TALISMAN SINOPEC ENERGY UK LIMITEDPreviously TALISMAN ENERGY (UK) LIMITED
  11. Company incorporatedPrivate limited company

Dates as recorded at Companies House: incorporation, name changes, officer appointments and resignations, current and former persons with significant control, and the end of each financial year with figures in the database.