BG INTERNATIONAL LIMITED
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Cash
£52m
USD 70,000,000
+552.7% highest in 3 filed years
Net assets
£3.4bn
USD 4,570,000,000
-36% lowest in 3 filed years
Employees
0
Average over period
Profit before tax
-£91m
USD -123,000,000
-118.2% lowest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
4 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Net assets
3-year trend · vs Energy median
BG INTERNATIONAL LIMITED·Energy median
BG INTERNATIONAL LIMITED·Energy median
BG INTERNATIONAL LIMITED·Energy median
BG INTERNATIONAL LIMITED·Energy median
BG INTERNATIONAL LIMITED·Energy median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £650,298,086 | £477,554,919 | £373,283,859 | -21.8% | |
| Operating profit | £218,073,423 | -£209,328,239 | -£20,037,106 | +90.4% | |
| Profit before tax | £685,597,741 | £500,636,740 | -£91,280,148 | -118.2% | |
| Net profit | £576,561,029 | £574,657,752 | £218,181,818 | -62% | |
| Cash | £27,455,287 | £7,959,249 | £51,948,052 | +552.7% | |
| Total assets less current liabilities | £5,776,592,407 | £6,372,970,392 | £4,025,974,026 | -36.8% | |
| Net assets | £5,073,737,057 | £5,295,288,125 | £3,391,465,677 | -36% | |
| Equity | £5,073,737,057 | £5,295,288,125 | £3,391,465,677 | -36% | |
| Average employees | 0 | 0 | 0 | — | |
| Wages | — | — | — | — | |
| Directors' remuneration | £0 | £0 | — | — |
Figures converted to GBP from USD at 0.742 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 33.5% | -43.8% | -5.4% | |
| Net margin | 88.7% | 120.3% | 58.4% | |
| Return on capital employed | 3.8% | -3.3% | -0.5% | |
| Gearing (liabilities / total assets) | 27.0% | 29.7% | 39.1% | |
| Current ratio | 2.43x | 2.45x | 1.67x | |
| Interest cover | 2.04x | -3.98x | -0.42x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 3 times since incorporation
- BG INTERNATIONAL LIMITED 1999-07-13 → present
- BG EXPLORATION AND PRODUCTION LIMITED 1997-02-17 → 1999-07-13
- BRITISH GAS EXPLORATION AND PRODUCTION LIMITED 1991-05-01 → 1997-02-17
- GAS COUNCIL (EXPLORATION) LIMITED 1967-03-30 → 1991-05-01
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on the above, together with the Directors knowledge and experience of the market, the Directors consider it appropriate to prepare the financial statements for the year ended 31 December 2025 on a going concern basis.”
Group structure
- BG INTERNATIONAL LIMITED · parent
- Shell Trinidad and Tobago Resources SRL 100%
- Shell Chile S.A. 99.99%
- Burullus Gas Company SAE 25%
- Karachaganak Petroleum Operating B.V. 29.25%
- Tanzania LNG Limited 100%
- BG Delta Limited 100%
- BG Gas Services Limited 100%
- BG Karachaganak Limited 100%
- Karachaganak Petroleum Marketing, LLP 29.25%
- BG Kenya L10B Limited 100%
- BG Mongolia Holdings Limited 100%
- BG OKLNG Limited 100%
- Shell Exploration and Production Limited 100%
- Shell Exploration and Production Tanzania Limited 100%
- Shell Trinidad 5(A) Limited 100%
- Shell Trinidad Block E Limited 100%
Significant events
- “On December 1, 2025, Shell and Equinor ASA completed a deal to combine their UK offshore oil and gas operations to form a new company. The Company recognised a loss on disposal of asset with net impact of $533 million.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
9 active · 87 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SHELL CORPORATE SECRETARY LIMITED | Corporate Secretary | 2026-05-22 | — | — |
| CHARTERS, Elisabeth | Director | 2026-01-06 | Dec 1985 | British |
| CHINKIN, Cassandra Jane | Director | 2025-11-01 | Sep 1977 | British |
| KEMULARIA, Tsira | Director | 2022-07-01 | Jan 1977 | British,Georgian |
| LIM, Grace Siew Hua | Director | 2019-04-01 | Sep 1971 | Malaysian |
| OSTROWSKI, Sara Joan Elizabeth | Director | 2025-06-04 | Jul 1978 | British |
| PLUCK, Lawrence | Director | 2021-08-01 | Jan 1984 | British |
| SIDDIQUI, Muhammad Hisham | Director | 2026-02-24 | Feb 1978 | Pakistani |
| SHELL CORPORATE DIRECTOR LIMITED | Corporate Director | 2018-07-03 | — | — |
Show 87 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ALLEN, Steven Patrick | Secretary | 2011-05-14 | 2016-03-14 |
| DUNN, Rebecca Louise | Secretary | 2010-01-14 | 2016-03-14 |
| EDWARDS, Mark | Secretary | 1999-12-10 | 2002-10-25 |
| ENNETT, Cayley Louise | Secretary | 2015-09-15 | 2016-03-14 |
| GRIFFIN, John Edward Henry | Secretary | 1995-06-30 | 2003-04-22 |
| GRIFFIN, John Edward Henry | Secretary | — | 1995-02-02 |
| HUBBER, Keith Michael | Secretary | 2007-12-19 | 2011-05-13 |
| HUGHES, Graham Paul | Secretary | 1995-02-02 | 1996-09-05 |
| INMAN, Carol Susan | Secretary | 2002-10-25 | 2013-07-22 |
| MARKHAM, Una | Secretary | 1996-09-20 | 2001-09-07 |
| MATHEWS, Benedict John Spurway | Secretary | 2002-11-11 | 2007-07-12 |
| MCCULLOCH, Alan William | Secretary | 2007-07-12 | 2012-04-27 |
| NICHOL, Emma Claire | Secretary | 2003-03-06 | 2004-11-09 |
| SADLER, John Michael | Secretary | — | 1995-06-30 |
| THOMAS, Luke | Secretary | 1998-08-25 | 1999-01-14 |
| PECTEN SECRETARIES LIMITED | Corporate Secretary | 2022-11-01 | 2026-05-29 |
| SHELL CORPORATE SECRETARY LIMITED | Corporate Secretary | 2016-03-14 | 2022-11-01 |
| ALEXANDER, Michael Richard | Director | 1993-08-03 | 1993-12-31 |
| ALMANZA, Ashley Martin | Director | 2005-01-19 | 2011-03-31 |
| ANDREW, Elizabeth Clare | Director | 2019-04-01 | 2022-06-30 |
| ANTHONY, Paul | Director | 2001-01-15 | 2001-09-04 |
| BARBOSA, Fabio De Oliveira | Director | 2011-03-31 | 2013-02-15 |
| BEALL, Arthur Oren, Dr | Director | — | 1993-10-31 |
| BERGET, Jorn Arild | Director | 2005-01-19 | 2011-11-15 |
| BLAND, Charles Riviere | Director | 2008-07-29 | 2009-09-04 |
| BONINO, Erik Ivano | Director | 2016-02-15 | 2017-02-07 |
| BOOKER, Robert Carlton | Director | 2009-09-04 | 2013-02-11 |
| BRAY, Ken, Dr | Director | — | 1993-08-03 |
| BRINK, Martinus Jacobus Ten | Director | 2016-02-15 | 2019-04-01 |
| BROWN, Malcolm Archibald Halliday | Director | 2013-01-01 | 2016-02-15 |
| BROWN, Malcolm Archibald Halliday | Director | 1996-03-01 | 1999-11-01 |
| BURRARD-LUCAS, Stephen Charles | Director | 1994-07-25 | 1998-11-30 |
| BURSZTYN, Gustavo | Director | 2020-02-01 | 2021-08-01 |
| CARNE, Mark Milford Power | Director | 2005-11-03 | 2009-11-10 |
| CHAPMAN, Frank Joseph, Sir | Director | 1996-11-26 | 2012-12-31 |
| COLLINS, Paul Anthony, Dr | Director | — | 1993-08-03 |
| CONNELL, Jeffrey Graham | Director | 2019-04-01 | 2025-05-28 |
| CONSTANT-GLEMAS, Simon Alan | Director | 2016-02-15 | 2019-03-12 |
| COX, Christopher Martin | Director | 2013-01-01 | 2014-11-17 |
| DALTON, Howard William | Director | — | 1995-12-31 |
| DIBUA, Egbeazien Philippa Cornelia | Director | 2024-06-01 | 2025-12-01 |
| DOUGHTY, Donald Glenwood | Director | 1997-10-15 | 2000-08-31 |
| EGGLESTON, Brian Paul | Director | 2016-05-05 | 2017-10-31 |
| ELLIS, Paul William | Director | 1993-09-23 | 1996-03-01 |
| FINLAYSON, Christopher Geoffrey | Director | 2010-08-11 | 2014-04-28 |
| FORBES, Timothy John | Director | 1995-10-24 | 1999-11-01 |
| FRIEDLANDER, Colin David | Director | 1993-08-03 | 1997-06-02 |
| FRIEDRICH, William Michael | Director | 1999-11-01 | 2007-12-07 |
| FYSH, Stuart Alfred, Dr | Director | 2004-05-10 | 2008-11-24 |
| GOODFELLOW, Paul | Director | 2016-07-20 | 2017-02-28 |
| GRANDISON, Fiona Katherine | Director | 2024-05-14 | 2026-07-01 |
| GRANT, John Douglas Kelso, Sir | Director | 2009-09-07 | 2015-05-18 |
| GREGORY, Jack Lee | Director | — | 1994-01-31 |
| HAWKER, Cecil Robert | Director | 1993-09-23 | 1996-03-31 |
| HINDEN, Frances | Director | 2019-04-01 | 2021-09-13 |
| HOUSTON, Martin Joseph | Director | 1999-11-01 | 2013-11-13 |
| HUGHES, Peter Iorwerth | Director | 2005-01-19 | 2005-12-30 |
| HUMPHREY, Nicholas Martin | Director | 2017-11-01 | 2020-02-01 |
| ISKANDER, Sami Monir Amin | Director | 2009-09-04 | 2018-01-10 |
| JACKSON, Kate | Director | 2015-10-30 | 2019-02-01 |
| JAIN, Saurabh | Director | 2021-10-01 | 2024-06-01 |
| JONES, Dennis Gareth | Director | 2012-09-19 | 2014-01-17 |
| JONES, Howard Edwin Lotgering | Director | 2019-04-01 | 2025-11-01 |
| JUNGLES, Pierre Jean Marie, Dr | Director | 1995-12-19 | 1996-09-24 |
| LIDDELL, Richard Thomas | Director | 1997-09-04 | 1999-06-01 |
| LOWTH, Simon Jonathan | Director | 2014-05-06 | 2016-02-15 |
| LYNCH, Sinead Caitlin | Director | 2017-11-27 | 2019-04-01 |
| MCLEAN, Alan Daniel | Director | 2016-02-15 | 2019-04-01 |
| MCMANUS, David | Director | 2000-05-23 | 2004-09-30 |
| MORROW, John Andrew Corran | Director | 1999-02-01 | 1999-11-01 |
| MURPHY, Brian Peter | Director | — | 1994-03-18 |
| O'BRIEN, Russell Leslie | Director | 2016-02-15 | 2019-04-01 |
| PHIMISTER, Steven Robert | Director | 2017-03-01 | 2019-04-01 |
| PRESTON, David | Director | 1996-03-31 | 1999-08-27 |
| REED, Geoffrey Edward | Director | 1995-11-21 | 1996-03-01 |
| RICKETTS, Stefan John | Director | 2005-10-03 | 2007-12-03 |
| ROBERTS, David E | Director | 2003-02-03 | 2006-03-10 |
| SADLER, John Michael | Director | — | 1995-02-01 |
| SCHWARZ, Peter Heinz | Director | 1996-03-01 | 1998-12-31 |
| SUTCLIFFE, Sean George Cronin | Director | 2001-10-16 | 2004-12-30 |
| SUTCLIFFE, Sean George Cronin | Director | 1998-06-30 | 1999-11-01 |
| THORNLEY, Brian Ralph | Director | 1995-10-24 | 1999-11-01 |
| TRAFFORD, Edward Le Marchant | Director | 1998-09-29 | 2000-08-31 |
| WALSHE, Edward Thomas | Director | 1996-07-30 | 1999-11-01 |
| WALSHE, Edward Thomas | Director | 1994-03-01 | 1996-03-04 |
| WEBB, Adrian Rawdon | Director | — | 1996-03-04 |
| WORMLEY, Jon Clarke | Director | 1998-12-01 | 2004-12-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Bg Energy Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 443 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-10-31 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-10-06 | AA | accounts | Accounts with accounts type full | |
| 2026-07-10 | TM01 | officers | Termination director company with name termination date | |
| 2026-06-05 | AP04 | officers | Appoint corporate secretary company with name date | |
| 2026-06-03 | TM02 | officers | Termination secretary company with name termination date | |
| 2026-03-09 | AP01 | officers | Appoint person director company with name date | |
| 2026-01-16 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-01-08 | AP01 | officers | Appoint person director company with name date | |
| 2025-12-01 | TM01 | officers | Termination director company with name termination date | |
| 2025-11-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-11-04 | TM01 | officers | Termination director company with name termination date | |
| 2025-11-03 | AP01 | officers | Appoint person director company with name date | |
| 2025-10-02 | AA | accounts | Accounts with accounts type full | |
| 2025-06-12 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-12 | TM01 | officers | Termination director company with name termination date | |
| 2025-03-12 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-10-31 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2024-10-31 | SH20 | capital | Legacy | |
| 2024-10-31 | CAP-SS | insolvency | Legacy | |
| 2024-10-31 | RESOLUTIONS | resolution | Resolution | |
| 2024-10-15 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 12
- Capital events
- 2
- Officers appointed
- 4
- Officers resigned
- 4
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.