Society Of Petroleum Engineers Europe Limited

Active02778741Professional servicesIncorporated 6 Jan 1993 · Westminster

The objectives and principal activities of Society of Petroleum Engineers Europe Limited continue to be in line with the vision of SPE International, which is to “enable the global oil and gas E&P industry to share technical knowledge needed to meet the world’s energy needs in a safe and environmentally responsible manner”, which guides the overall mission “To connect a global community of engineers, scientists, and related energy professionals to exchange knowledge, innovate, and advance their technical and professional competence regarding the exploration, development and production of oil and gas and related energy resources to achieve a safe, secure and sustainable energy future.”. The Group achieves its objectives through a variety of programmes including publications, technical meetings, scholarships, educational programmes, training courses and web-based services.

Revenue

£3.2m

▲ +36.6% vs prior ~12m period

Profit after tax

£1.4m

Margin 32.3%

Employees

21

▼ -8.7% vs prior ~12m period

Net assets

£6.0m

Total assets £7.0m

Financial history

Revenue by accounting period

2 periods available · ▲ growth ▼ decline

Mar 2023
£2.4m
Mar 2024
£3.2m▲ +36.6%
Period endRevenueGrowthProfit before taxEmployeesNet assets
31 Mar 2024£3.2m▲ +36.6%£1.4m21£6.0m
31 Mar 2023£2.4m—-£905k23£4.6m

Latest available figures

Period ending 31 Mar 2024. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.

These are the most recent accounts available to us; more recent accounts may exist at Companies House.

Profit & loss

Revenue
£3.2m
Gross profit
£2.8m
Operating profit
£1.0m
Profit before tax
£1.4m
Profit after tax
£1.4m

Balance sheet

Total assets
£7.0m
Cash
£342k
Total liabilities
£919k
Net assets
£6.0m
Revenue per employee
£154k

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