Kellas North Sea 2 Limited
Activities of other holding companies n.e.c. · London
ActiveUnited KingdomIncorporated 2017Private Limited Company
Financial position
Accounts to 2025-12-31 · GBP · Company accounts
Net assets
£24,903,000
Cash
£190,000
Turnover
£5,299,000
Profit / loss
£2,563,000
Current assets
£6,238,000
Creditors < 1 year
£1,398,000
Equity
£24,903,000
Average employees
Not available
Balance-sheet trend
GBP · companyFinancial statements
Selected figures from the best-ranked available filing for each period. Missing values remain unknown.
Some figures were read by AI from scanned accounts, so small errors are possible. View the filed accounts
| Reported figures | 2025-12-31Company · AI-read | 2024-12-31Company · AI-read |
|---|---|---|
| Balance sheet | ||
| Net assets | £24,903,000 | £22,340,000 |
| Equity | £24,903,000 | £22,340,000 |
| Share capital | £2,700,000 | £2,700,000 |
| Retained earnings | £22,203,000 | £19,640,000 |
| Assets | ||
| Fixed assets | £26,579,000 | £29,627,000 |
| Intangible assets | £57,000 | £61,000 |
| Property, plant & equipment | £26,522,000 | £29,566,000 |
| Current assets | £6,238,000 | £1,345,000 |
| Cash at bank | £190,000 | — |
| Debtors | £6,048,000 | £1,345,000 |
| Liabilities | ||
| Creditors | £7,914,000 | £8,633,000 |
| Creditors within one year | £1,398,000 | £1,534,000 |
| Creditors after one year | £6,516,000 | £7,099,000 |
| Provisions | £4,704,000 | £5,179,000 |
| Net current assets | £4,840,000 | −£189,000 |
| Profit & loss | ||
| Turnover | £5,299,000 | £6,343,000 |
| Cost of sales | £2,416,000 | £2,837,000 |
| Gross profit | £2,883,000 | £3,506,000 |
| Administrative expenses | £127,000 | £59,000 |
| Operating profit | £2,756,000 | £8,847,000 |
| Interest payable | £300,000 | £272,000 |
| Profit before tax | £2,456,000 | £8,575,000 |
| Tax | −£107,000 | £1,773,000 |
| Profit / loss | £2,563,000 | £6,802,000 |
| Operating costs | ||
| Depreciation | £2,269,000 | £2,728,000 |
| Amortisation | £4,000 | £4,000 |
| Audit fees | £14,500,000 | — |
| Source evidence | View filing | View filing |
From the accounts
What the accounts for 2025-12-31 say about themselves, read by AI from the scanned filing.
- Auditor
- Ernst & Young LLP
- Audit opinion
- Clean (unmodified)
- Immediate parent
- Kellas North Sea 1 Limited
- Ultimate controlling party
- BlackRock’s Global Energy & Power Infrastructure Funds (GEPIF III) and GIC
- Accounts
- FRS 102
- Approved
- 2026-06-12, signed by Thomas Jack Robert Luypaert, Nathan Morgan
Turnover by segment (1)
- UK sector of the Southern North Sea: 100% (2025-12-31)
Related parties (1)
- Kellas Midstream Limited · another group Company · Company's share of directors’ remuneration, recharged via intercompany management recharges · £9k (2024: £21k)
Share classes (1)
- 2,700,000 ordinary of £1
Secured borrowing
Registered charges, lenders and security interests.
Charges and related records
1 outstanding chargesFloating · created 2025-06-13
—
OutstandingShow 3 satisfied / released
Floating · created 2021-07-29 · satisfied 2025-06-18
—
SatisfiedAll Assets · created 2019-04-24 · satisfied 2021-08-12
—
SatisfiedAll Assets · created 2017-06-21 · satisfied 2019-04-02
—
Satisfied