Anasuria Operating Company Limited

Anasuria Operating Company Limited, based in London, UK, is a small holding company with an active status, established nine years ago in 2015. The company employs thirteen people and holds assets valued at £19,082,758. It operates from a virtual address, registered with 136 other companies, and is overseen by four directors and two owners. Its Google rating stands at 4.0 based on two reviews. The company is an irregular importer, primarily dealing in basic metal tools and utensils, with the last import occurring in July 2024.

The company’s website highlights its involvement in the exploration, development, and production of oil and gas within the North Sea, specifically the Anasuria Cluster. It operates as a joint operating company, equally held by Ping Petroleum UK PLC and Anasuria Hibiscus UK Limited. The site showcases a commitment to empowering employees and emphasizes the importance of safety and operational integrity. Recent news updates detail visits to the Anasuria FPSO, awards received for safety, and a farm-in agreement for UK oil field development. The company’s leadership team, including Chairman Dr. Kenneth Gerard Pereira, comprises experienced professionals from the oil and gas industry.

Financially, Anasuria Operating Company Limited demonstrates some concerning trends. Current assets have fallen by 39% to £19 million, while net assets have plummeted 73% to just £2. Bank borrowings have surged by 2,400%, reaching £29,000, and cash reserves fell 68% to £2.6 million. Trade debtors have ballooned by 890%, suggesting delayed customer payments or expanded credit terms, and creditors rose 35% to £34,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp equity drop raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements. The company’s associated businesses, Ping Petroleum and Hibiscus Petroleum, seem to be the main drivers of its operations.

Registered in England/Wales under the registration number 09698591, with a registered address at EC4N 6AF, United Kingdom, London, Cannon Place, 78 Cannon Street.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.