Company Overview
Cairn Energy Plc is listed at the official companies registry as Active Public Limited Company. The company was incorporated on Monday 07 January 2002, so this is a well established company. Cairn Energy Plc has been in business for 22 years and 4 months. The accounts status is group and the accounts are next due on Sunday 30 June 2024.
Registered Address

50 Lothian Road, Edinburgh, EH3 9BY
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Companies House Data
Company NameCAIRN ENERGY PLC
Company NumberSC226712
Registered Office Address50 Lothian Road
 Edinburgh
 EH3 9BY
Company CategoryPublic Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date07/01/2002
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date30/06/2024
Accounts Last Made Up Date31/12/2022
Accounts Account CategoryGROUP
Returns Next Due Date04/02/2017
Returns Last Made Up Date07/01/2016
Previous Company NameChanged Date
CAIRN ENERGY PLC10 Dec 2021
Directors & Members
Show Resigned
Maria Gordon - Director
(British,Russian, 50 years old, born February 1974)
Non-Executive Director - Appointed 01 February 2023
 Active
Richard Herbert - Director
(British, 66 years old, born July 1958)
Geologist - Appointed 01 February 2023
 Active
Hesham Mekawi - Director
(Egyptian, 64 years old, born May 1960)
Non-Executive Director - Appointed 01 February 2023
 Active
Patrice Merrin - Director
(Canadian,Irish, 76 years old, born September 1948)
Director - Appointed 26 June 2023
 Active
Randall Neely - Director
(Canadian, 58 years old, born June 1966)
Chief Executive - Appointed 01 June 2023
 Active
James Pitts - Director
(Canadian, 58 years old, born January 1966)
Partner - Appointed 01 February 2023
 Active
Secretaries
Show Resigned
Paul Ervine - Secretary
Appointed 31 May 2023
 Active
Other Company Directorships
Maria Gordon
GDST PENSION TRUSTEES LIMITED
PUSHKIN HOUSE TRUST
THE GIRLS' DAY SCHOOL TRUST
Richard Herbert
B P EXPLORATION COMPANY LIMITED
BP EXPLORATION (ALPHA) LIMITED
BP EXPLORATION (ANGOLA) LIMITED
BP EXPLORATION BETA LIMITED
BP EXPLORATION OPERATING COMPANY LIMITED
R HERBERT ASSOCIATES LTD
Hesham Mekawi
No companies found
Patrice Merrin
No companies found
Randall Neely
AGORA OIL AND GAS (UK) LIMITED
CAIRN UK HOLDINGS LIMITED
CAPRICORN AMERICAS LIMITED
CAPRICORN CÔTE D’IVOIRE LIMITED
CAPRICORN EGYPT (HOLDING) LIMITED
CAPRICORN EGYPT LIMITED
CAPRICORN ENERGY HOLDINGS LIMITED
CAPRICORN ENERGY INVESTMENTS LIMITED
CAPRICORN ENERGY SEARCH LIMITED
CAPRICORN ENERGY UK LIMITED
CAPRICORN EXPLORATION AND DEVELOPMENT COMPANY LIMITED
CAPRICORN IRELAND LIMITED
CAPRICORN LOW CARBON SOLUTIONS LIMITED
CAPRICORN MAURITANIA LIMITED
CAPRICORN OFFSHORE EXPLORATION LIMITED
CAPRICORN OIL LIMITED
CAPRICORN PETROLEUM LIMITED
CAPRICORN PRODUCTION (HOLDINGS) LIMITED
CAPRICORN PRODUCTION I LIMITED
CAPRICORN PRODUCTION II LIMITED
CAPRICORN RESOURCES MANAGEMENT LIMITED
CAPRICORN SENEGAL (HOLDING) LIMITED
CAPRICORN SENEGAL LIMITED
CAPRICORN SPAIN LIMITED
NAUTICAL HOLDINGS LIMITED
UAH LIMITED
James Pitts
No companies found
Balance Sheet Unlock full report
Accounts Date 31-Dec-2022 31-Dec-2015 31-Dec-2014
Balance Sheet
Fixed Assets 1,041,871,921 1,041,871,921 1,844,200,000
Current Assets 537,356,322 537,356,322 1,173,200,000
Creditors Due Within One Year 82,170,224 82,170,224 289,800,000
Working Cap 455,186,097 455,186,097 883,400,000
Total Assets Less Current Liabilities 1,497,058,019 1,497,058,019 2,727,600,000
Long-term Liabilities 60,686,919 60,686,919 64,500,000
Net Assets 1,436,371,100 1,436,371,100 2,663,100,000
Share Capital & Reserves
Share Cap 8,483,853 8,483,853 12,400,000
Profit & Loss Reserves 1,007,389,163 1,007,389,163 1,976,400,000
Other Reserves 420,498,084 420,498,084 674,300,000
Shareholders Funds 1,436,371,100 1,436,371,100 2,663,100,000
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2022 31-Dec-2015 31-Dec-2014
Tangible Fixed Assets - - -
Fixed Assets 66.0% 66.0% 61.1%
Stocks Inventory 0.0% 0.0% 0.2%
Debtors 0.0% 0.0% 0.0%
Cash Bank In Hand 26.1% 26.1% 28.8%
Current Assets 34.0% 34.0% 38.9%
Creditors Due Within One Year 5.2% 5.2% 9.6%
Net Current Assets Liabilities 28.8% 28.8% 29.3%
Creditors Due After One Year 3.8% 3.8% 2.1%
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability 91.0% 91.0% 88.3%
Called Up Share Capital 0.5% 0.5% 0.4%
Share Capital Allotted Called Up Paid 0.5% 0.5% 0.4%
Profit Loss Account Reserve 63.8% 63.8% 65.5%
Shareholder Funds 91.0% 91.0% 88.3%
Capital Employed - - -
Total Assets Less Current Liabilities 94.8% 94.8% 90.4%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2022 31-Dec-2015 31-Dec-2014
Liquidity Ratio 6.5 6.5 4.0
Solvency Ratio 11.1 11.1 8.5
Reserves to Assets 0.6 0.6 0.7
Secured Creditors Unlock full report
Mortgages Charges 7
Mortgages Outstanding 1
Mortgages Part Satisfied 0
Mortgages Satisfied 6
Assets and Debt Analysis Unlock full report
Accounts Date 31-Dec-2022 31-Dec-2015 31-Dec-2014
Assets 1,579,228,243 1,579,228,243 3,017,400,000
Debt 142,857,143 142,857,143 354,300,000
Net Assets/Debt 1,436,371,100 1,436,371,100 2,663,100,000

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet indicates the substantial net assets of a large company. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet indicates the substantial net assets of a large company. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet indicates the substantial net assets of a large company. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
Other Business around EH3 9BY
CAPRICORN MAURITANIA LIMITED
50 LOTHIAN ROAD, EDINBURGH, EH3 9BY
CAPRICORN PETROLEUM LIMITED
50 LOTHIAN ROAD, EDINBURGH, MIDLOTHIAN, EH3 9BY
HISTORIC LOTHIAN PROTECTION & DEVELOPMENT LIMITED
50 Lothian Road, Festival Square, Edinburgh, EH3 9BY
CAPRICORN GREENLAND EXPLORATION 1 LIMITED
50 Lothian Road, Edinburgh, EH3 9BY
CAPRICORN RESOURCES MANAGEMENT LIMITED
50 LOTHIAN ROAD, EDINBURGH, EH3 9BY
FGH DEVELOPMENTS (ABERDEEN) LIMITED
50 LOTHIAN ROAD, FESTIVAL SQUARE, EDINBURGH, EH3 9BY
ECI GP SCOTLAND LIMITED
50 LOTHIAN ROAD, FESTIVAL SQUARE, EDINBURGH, MIDLOTHIAN, EH3 9BY
CAPRICORN ENERGY LIMITED
50 Lothian Road, Edinburgh, Midlothian, EH3 9BY
CAPRICORN OIL LIMITED
50 LOTHIAN ROAD, EDINBURGH, EH3 9BY
CAIRN ENERGY MALANGAWA LIMITED
50 Lothian Road, Edinburgh, EH3 9BY
Document Filings
Cancellation of shares. Statement of capital on 2 April 2024
Cancellation of shares. Statement of capital on 9 April 2024
Cancellation of shares. Statement of capital on 19 March 2024
Purchase of own shares.
Purchase of own shares.
Purchase of own shares.
Purchase of own shares.
Confirmation statement made on 9 March 2024 with updates
Cancellation of shares. Statement of capital on 12 March 2024
Purchase of own shares.
Purchase of own shares.
Purchase of own shares.
Purchase of own shares.
Cancellation of shares. Statement of capital on 5 March 2024
Purchase of own shares.
Purchase of own shares.
Purchase of own shares.
Purchase of own shares.
Purchase of own shares.
Cancellation of shares. Statement of capital on 20 February 2024
Cancellation of shares. Statement of capital on 27 February 2024
Purchase of own shares.
Purchase of own shares.
Purchase of own shares.
Purchase of own shares.
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