PREMIER OIL UK LIMITED

Active
Company number SC048705Private limited companyIncorporated 1971

Key figures

−3,500,755,000 USD-5.8%
Net assets 2025
-4 bn-3 bn-2 bn-1 bn020242025

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

† PREMIER OIL 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 age55.5 years
Older than 95% · 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: PREMIER OIL UK LIMITED

What kind of company is it?

PREMIER OIL UK LIMITED is a private limited company registered with Companies House under company number SC048705. It was incorporated on 14 May 1971. Its status is active. The registered office is in Edinburgh (EH1). 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 1,387,080,000 USD. Loss for the year was 190,891,000 USD. Net assets were −3,500,755,000 USD, down 5.8% on the previous year. Cash at bank and in hand was 14,021,000 USD. Total assets were 7,671,004,000 USD and total liabilities 9,006,695,000 USD. 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 95% 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, woven clothing. In its latest payment practices report it took an average of 29 days to pay suppliers, and 31% of invoices were not paid within agreed terms. It has modern slavery statements on the government registry for 6 years.

Who runs and controls the company?

One person with significant control is registered.

When are its next filings due?

The next accounts are due by 30 Sep 2027. The next confirmation statement is due by 22 Jul 2027.

Filed accounts2024–2025
2024 †2025 †
Turnover1,815,073,0001,387,080,000
Profit for the year16,286,000-190,891,000
Cash at bank and in hand14,625,00014,021,000
Total assets6,985,987,0007,671,004,000
Total liabilities8,007,002,0009,006,695,000
Net assets / total equity-3,309,864,000-3,500,755,000

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 2021 – 30 Jun 2021
Average time taken to pay invoices
29 days
Invoices not paid within agreed terms
31%
Standard payment terms
14–30 days
  • Within 30 days 70%
  • 31 to 60 days 29%
  • After 60 days 1%
Earlier periods (5)
Period ending
Days to pay
Within 30 days
Late
31 Dec 2020
28
77%
24%
30 Jun 2020
28
65%
37%
31 Dec 2019
27
80%
23%
30 Jun 2019
29
68%
34%
31 Dec 2018
28
68%
36%

View the latest report on GOV.UK

Modern slavery statements6
2026
Statement · summary on GOV.UK · group statement (HARBOUR ENERGY PLC)
2025
Statement · summary on GOV.UK · group statement (HARBOUR ENERGY PLC)
2024
Statement · summary on GOV.UK · group statement (HARBOUR ENERGY PLC)
Earlier years (3)
2023
Statement · summary on GOV.UK · group statement (HARBOUR ENERGY PLC)
2022
Statement · summary on GOV.UK · group statement (HARBOUR ENERGY PLC)
2021
Statement · summary on GOV.UK · group statement (HARBOUR ENERGY PLC)

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 2 of the last 12 months on record, most recently April 2026. Main goods: mineral fuels and oils and woven clothing.

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

9 events
  1. Chrysaor Production Holdings Limited registered as a person with significant control
  2. Premier Oil Group Limited ceased to be a person with significant control
  3. Financial year 2025 endedAccounts: turnover 1.4bn USD, net assets −3.5bn USD
  4. Financial year 2024 endedAccounts: turnover 1.8bn USD, net assets −3.3bn USD
  5. Dnb Asa ceased to be a person with significant control
  6. Dnb Asa registered as a person with significant control
  7. Premier Oil Group Limited registered as a person with significant control
  8. Name changed to PREMIER OIL UK LIMITEDPreviously PREMIER PICT PETROLEUM LIMITED
Earlier events (1)
  1. 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.