KISTOS HOLDINGS PLC
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Cash
£87m
USD 117,324,000
+3.1% vs 2024
Net assets
£32m
USD 42,903,000
+16.7% vs 2024
Employees
50
+6.4% highest in 3 filed years
Profit before tax
-£16m
USD -21,172,000
+77.9% highest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Charges registered
Companies House lists one or more registered charges (e.g. mortgages or debentures). Some may since have been satisfied — see the official charges register for current status.
-
Confirmation statement overdue
Due 2026-08-11.
Net assets
3-year trend · vs Industrials 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 | £165,761,427 | £160,772,204 | £158,260,870 | -1.6% | |
| Operating profit | -£30,262,356 | -£30,283,166 | -£7,584,541 | +75% | |
| Profit before tax | -£36,515,793 | -£71,261,241 | -£15,735,414 | +77.9% | |
| Net profit | -£19,765,143 | -£38,646,600 | -£1,351,171 | +96.5% | |
| Cash | £159,635,080 | £84,543,292 | £87,197,324 | +3.1% | |
| Total assets less current liabilities | £523,629,877 | £502,058,714 | £461,312,523 | -8.1% | |
| Net assets | £67,261,984 | £27,319,955 | £31,886,288 | +16.7% | |
| Equity | £67,261,984 | £27,319,955 | £31,886,288 | +16.7% | |
| Average employees | 33 | 47 | 50 | +6.4% | |
| Wages | £6,288,369 | £4,847,269 | £5,151,988 | +6.3% | |
| Directors' remuneration | £2,770,717 | £2,172,325 | £2,544,942 | +17.2% |
Figures converted to GBP from USD at 0.743 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 | -18.3% | -18.8% | -4.8% | |
| Net margin | -11.9% | -24.0% | -0.9% | |
| Return on capital employed | -5.8% | -6.0% | -1.6% | |
| Gearing (liabilities / total assets) | 90.0% | 95.5% | 95.3% | |
| Current ratio | 1.80x | 1.72x | 0.90x | |
| Interest cover | -0.90x | -1.19x | -0.29x |
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.
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Consolidated group
- Auditor
- BDO LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on the assessment performed, the Directors conclude that the Group has sufficient financial resources to continue in operational existence for the foreseeable future, and that no material uncertainties exist that would require disclosure. The financial statements have therefore been prepared on a going concern basis.”
Group structure
- KISTOS HOLDINGS PLC · parent
- Kistos plc 100%
- Kistos Energy Limited 100%
- Kistos NL1 B.V. 100%
- Kistos NL2 B.V. 100%
- Kistos Energy (Norway) AS 100%
- Kistos Energy Storage Ltd 100%
- Kistos Energy Middle East Limited 100%
Significant events
- “The Group has entered into a binding agreement to acquire a 5% working interest in Block 9 and a 20% working interest in Blocks 3 & 4 from Mitsui E&P Middle East B.V., both located onshore in the Sultanate of Oman. The total consideration for the acquisition is $148 million.”
- “On 1 May 2026, Kistos Holdings plc announced the pricing of a $300 million issue of senior secured bonds at par, with a maturity of four years and a coupon of 9.875% per annum. Net proceeds are intended to be used to redeem in full the Group's existing KEN001 and KEN002 bonds.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| OHS SECRETARIES LIMITED | Corporate Secretary | 2022-11-17 | — | — |
| AUSTIN, Andrew Philip | Director | 2022-11-17 | Sep 1965 | British |
| BENMORE, Richard Alan | Director | 2022-11-17 | Jun 1958 | British |
| BOOTH, Alan | Director | 2022-11-17 | Mar 1958 | British |
| MANN, Peter George | Director | 2022-11-17 | Sep 1980 | British |
| PAWSON, Stephen Hargrave | Director | 2024-06-19 | Dec 1955 | British |
| THOMSON, James David Calvert | Director | 2025-01-01 | Feb 1984 | British |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BARLOW, Julie | Director | 2022-11-17 | 2024-06-19 |
| SLAPE, Richard | Director | 2022-11-17 | 2025-01-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Andrew Philip Austin | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2022-11-17 | Ceased 2022-12-22 |
Filing timeline
Last 20 of 33 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-07-29 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-09 | AA | accounts | Accounts with accounts type group | |
| 2026-07-07 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-03-05 | CH01 | officers | Change person director company with change date | |
| 2025-12-12 | CH01 | officers | Change person director company with change date | |
| 2025-12-04 | CH01 | officers | Change person director company with change date | |
| 2025-09-02 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2025-09-02 | CERT15 | capital | Certificate capital reduction issued capital | |
| 2025-09-02 | OC138 | capital | Legacy | |
| 2025-09-02 | SH01 | capital | Capital allotment shares | |
| 2025-07-29 | RESOLUTIONS | resolution | Resolution | |
| 2025-07-28 | PSC08 | persons-with-significant-control | Notification of a person with significant control statement | |
| 2025-07-28 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-07-28 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-07-04 | AA | accounts | Accounts with accounts type group | |
| 2025-01-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-03 | AP01 | officers | Appoint person director company with name date | |
| 2025-01-03 | TM01 | officers | Termination director company with name termination date | |
| 2024-08-05 | AP01 | officers | Appoint person director company with name date | |
| 2024-08-05 | TM01 | officers | Termination director company with name termination date | |
| 2024-07-05 | AA | accounts | Accounts with accounts type group |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 9
- Capital events
- 4
- Officers appointed
- 0
- Officers resigned
- 0
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.