NEO NEXT+ ENERGY E&P NORTH SEA UK LIMITED

Active
Company number 03682299Private limited companyIncorporated 1998

Key figures

£1,048,287,000
Net assets 2024

† NEO NEXT+ ENERGY E&P NORTH SEA 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

2024

Sector comparison

SIC 06100

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

Turnover£910,272,000
Higher than 95% · median £17,561,000 among 72 that publish turnover
Net assets£1,048,287,000
Higher than 99% · median £22,878
Total assets£2,149,157,000
Higher than 99% · median £85,708
Company age27.9 years
Older than 81% · median 14.1 years

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, so those groups are smaller than 1,134. The line on each bar marks the median.

Summary: NEO NEXT+ ENERGY E&P NORTH SEA UK LIMITED

What kind of company is it?

NEO NEXT+ ENERGY E&P NORTH SEA UK LIMITED is a private limited company registered with Companies House under company number 03682299. It was incorporated on 11 Dec 1998. 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 2024 (period ending 31 Dec 2024); the company files full accounts. Turnover was £910,272,000. Profit for the year was £96,412,000. Net assets were £1,048,287,000. Total assets were £2,149,157,000 and total liabilities £434,706,000.

How does it compare with similar companies?

Compared with 1,134 active companies whose first SIC code is 06100: By turnover it ranks higher than 95% of the 72 that publish turnover (median £17,561,000). By net assets it ranks higher than 99% of them (median £22,878). By total assets it ranks higher than 99% of them (median £85,708). It is older than 81% of them (median age 14.1 years).

What do public registers and reports show?

HMRC lists it as an exporter of goods, mainly mineral fuels and oils. In its latest payment practices report it took an average of 32 days to pay suppliers, and 10% of invoices were not paid within agreed terms. Its gender pay gap report for 2018/19 shows median hourly pay for women 33.9% lower than for men.

Who runs and controls the company?

One person with significant control is registered. 2 of 2 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 5 Apr 2027.

Filed accounts2024
2024 †
Turnover910,272,000
Profit for the year96,412,000
Total assets2,149,157,000
Total liabilities434,706,000
Net assets / total equity1,048,287,000

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
32 days
Invoices not paid within agreed terms
10%
Standard payment terms
10–60 days
Member of a payment code
No
  • Within 30 days 93%
  • 31 to 60 days 3%
  • After 60 days 4%
Earlier periods (7)
Period ending
Days to pay
Within 30 days
Late
31 Dec 2025
31
93%
9%
30 Jun 2025
31
94%
6%
31 Dec 2024
32
92%
8%
30 Jun 2024
31
95%
5%
31 Dec 2023
32
88%
12%
30 Jun 2023
32
87%
13%
31 Dec 2022
33
82%
18%

View the latest report on GOV.UK

Gender pay gap2018/19
Median hourly pay
women 33.9% lower
Mean hourly pay
women 26.2% lower
Median bonus pay
women 44.2% lower
Employer size
500 to 999 employees
Lower pay quarter44.1% womenLower middle7.6% womenUpper middle12.4% womenUpper pay quarter11.1% women
Earlier years (1)
Year
Median hourly pay
Mean hourly pay
2017/18
women 35% lower
women 27.4% 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

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

International trade‡

Listed by HMRC as an exporter of goods in 11 of the last 12 months on record, most recently August 2026. Main goods: mineral fuels and oils.

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

7 events
  1. Name changed to NEO NEXT+ ENERGY E&P NORTH SEA UK LIMITEDPreviously TOTALENERGIES E&P NORTH SEA UK LIMITED
  2. Financial year endedAccounts filed at Companies House
  3. Financial year 2024 endedAccounts: turnover £910.3m, net assets £1bn
  4. Name changed to TOTALENERGIES E&P NORTH SEA UK LIMITEDPreviously TOTAL E&P NORTH SEA UK LIMITED
  5. Name changed to TOTAL E&P NORTH SEA UK LIMITEDPreviously MAERSK OIL NORTH SEA UK LIMITED
  6. Neo Next + Energy Offshore Gb Limited registered as a person with significant control
  7. Company incorporatedPrivate limited company

Dates as recorded at Companies House: incorporation, name changes, officer appointments and resignations, current persons with significant control, and the end of each financial year with figures in the database. Former persons with significant control are not listed.