coral oil company limited(the) Company Information
Company Number
00203333
Next Accounts
126 days late
Shareholders
fortuna holdings company ltd
Group Structure
View All
Industry
Wholesale of fuels and related products (other than petroleum and petroleum products)
Registered Address
c/o rwk goodman llp, 69 carter lane, london, EC4V 5EQ
Website
www.coraloil.comcoral oil company limited(the) Estimated Valuation
Pomanda estimates the enterprise value of CORAL OIL COMPANY LIMITED(THE) at £507.3m based on a Turnover of £720.2m and 0.7x industry multiple (adjusted for size and gross margin).
coral oil company limited(the) Estimated Valuation
Pomanda estimates the enterprise value of CORAL OIL COMPANY LIMITED(THE) at £1.9b based on an EBITDA of £334.3m and a 5.55x industry multiple (adjusted for size and gross margin).
coral oil company limited(the) Estimated Valuation
Pomanda estimates the enterprise value of CORAL OIL COMPANY LIMITED(THE) at £596.7m based on Net Assets of £345.3m and 1.73x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Coral Oil Company Limited(the) Overview
Coral Oil Company Limited(the) is a live company located in london, EC4V 5EQ with a Companies House number of 00203333. It operates in the wholesale of other fuels and related products sector, SIC Code 46719. Founded in January 1925, it's largest shareholder is fortuna holdings company ltd with a 100% stake. Coral Oil Company Limited(the) is a mature, mega sized company, Pomanda has estimated its turnover at £720.2m with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
Coral Oil Company Limited(the) Health Check
Pomanda's financial health check has awarded Coral Oil Company Limited(The) a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 2 areas for improvement. Company Health Check FAQs
8 Strong
1 Regular
2 Weak
Size
annual sales of £720.2m, make it larger than the average company (£117.6m)
£720.2m - Coral Oil Company Limited(the)
£117.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 34%, show it is growing at a faster rate (6%)
34% - Coral Oil Company Limited(the)
6% - Industry AVG
Production
with a gross margin of 2.9%, this company has a higher cost of product (7.2%)
2.9% - Coral Oil Company Limited(the)
7.2% - Industry AVG
Profitability
an operating margin of 46.3% make it more profitable than the average company (2.5%)
46.3% - Coral Oil Company Limited(the)
2.5% - Industry AVG
Employees
with 253 employees, this is above the industry average (31)
253 - Coral Oil Company Limited(the)
31 - Industry AVG
Pay Structure
on an average salary of £4.1k, the company has a lower pay structure (£55.2k)
£4.1k - Coral Oil Company Limited(the)
£55.2k - Industry AVG
Efficiency
resulting in sales per employee of £2.8m, this is more efficient (£1.9m)
£2.8m - Coral Oil Company Limited(the)
£1.9m - Industry AVG
Debtor Days
it gets paid by customers after 28 days, this is near the average (30 days)
28 days - Coral Oil Company Limited(the)
30 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Coral Oil Company Limited(the)
- - Industry AVG
Stock Days
it holds stock equivalent to 12 days, this is more than average (9 days)
12 days - Coral Oil Company Limited(the)
9 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 40 weeks, this is more cash available to meet short term requirements (9 weeks)
40 weeks - Coral Oil Company Limited(the)
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 38.8%, this is a lower level of debt than the average (69.5%)
38.8% - Coral Oil Company Limited(the)
69.5% - Industry AVG
CORAL OIL COMPANY LIMITED(THE) financials
Coral Oil Company Limited(The)'s latest turnover from December 2022 is £720.2 million and the company has net assets of £345.3 million. According to their latest financial statements, Coral Oil Company Limited(The) has 253 employees and maintains cash reserves of £167.3 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 720,181,936 | 776,529,474 | 380,017,404 | 298,447,086 | 433,667,132 | 291,146,561 | 332,377,330 | 298,584,510 | 385,503,810 | 303,582,861 | 411,430,682 | 272,088,674 | 231,169,113 | 248,191,254 |
Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
Cost Of Sales | 699,582,761 | 693,464,058 | 325,050,590 | 291,792,643 | 378,593,642 | 297,432,898 | 405,196,380 | 264,450,430 | 225,366,896 | 242,752,119 | ||||
Gross Profit | 20,599,175 | 83,065,416 | 7,326,740 | 6,791,867 | 6,910,169 | 6,149,963 | 6,234,302 | 7,638,244 | 5,802,217 | 5,439,135 | ||||
Admin Expenses | 8,054,013 | 4,139,376 | 3,901,933 | 3,839,571 | 3,697,981 | 3,857,205 | 3,755,031 | 3,243,459 | ||||||
Operating Profit | 34,204,313 | 302,470 | -2,897,066 | 646,639 | -727,273 | 2,652,491 | 3,008,236 | 2,310,392 | 2,536,321 | 3,781,039 | 2,047,186 | 2,195,676 | ||
Interest Payable | 0 | 0 | 0 | 563,661 | 3,847,229 | 1,265,331 | 664,131 | 357,753 | 0 | 615,612 | 418,616 | 717,691 | 1,327,636 | 1,696,966 |
Interest Receivable | 0 | 0 | 0 | 1,958,579 | 190,964 | 634,218 | 1,214,149 | 1,232,345 | 0 | 245,013 | 217,311 | 191,343 | 125,704 | 112,394 |
Pre-Tax Profit | 310,662,246 | 19,831,002 | 34,110,481 | 1,697,388 | 759,199 | 1,277,752 | -1,277,292 | 1,777,898 | 2,620,276 | 1,939,793 | 2,335,016 | 3,254,691 | 845,254 | 611,104 |
Tax | -34,219,293 | -3,461,632 | -9,528,566 | -703,864 | -1,113,181 | -451,793 | -61,620 | -607,636 | -687,399 | -478,946 | -754,125 | -592,606 | -52,635 | -17,197 |
Profit After Tax | 276,442,953 | 16,369,370 | 24,581,914 | 993,524 | -353,982 | 825,959 | -1,338,912 | 1,170,262 | 1,932,877 | 1,460,847 | 1,580,891 | 2,662,084 | 792,619 | 593,907 |
Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 1,521,491 | 0 | 0 | 5,232,701 | 0 | 0 | 0 | 0 |
Retained Profit | 276,442,953 | 16,369,370 | 24,581,914 | 993,524 | -353,982 | 825,959 | -2,860,403 | 1,170,262 | 1,932,877 | -3,771,854 | 1,580,891 | 2,662,084 | 792,619 | 593,907 |
Employee Costs | 1,027,735 | 3,250,586 | 2,637,911 | 2,238,275 | 2,175,128 | 1,652,694 | 1,150,247 | 1,124,476 | 1,145,408 | 869,860 | 965,895 | 857,638 | 814,911 | 803,341 |
Number Of Employees | 253 | 198 | 213 | 177 | 133 | 113 | 73 | 71 | 73 | 67 | 68 | |||
EBITDA* | 35,121,453 | 1,163,618 | -2,100,605 | 734,358 | -669,456 | 2,710,694 | 3,065,969 | 2,923,541 | 3,151,933 | 4,397,796 | 2,623,692 | 2,508,906 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 43,804,480 | 45,174,254 | 41,869,845 | 45,662,942 | 43,139,264 | 40,536,407 | 43,289,464 | 41,504,734 | 37,906,243 | 27,608,963 | 28,159,320 | 28,484,735 | 28,724,998 | 28,493,428 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 3,276,579 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 1 | 0 |
Debtors (Due After 1 year) | 346,890 | 2,240,640 | 1,407,491 | 3,279,481 | 5,531,749 | 5,754,541 | 9,317,611 | 7,049,511 | 3,569,394 | 3,627,801 | 3,558,236 | 2,491,795 | 1,379,032 | 2,016,951 |
Total Fixed Assets | 43,804,479 | 45,174,254 | 41,869,844 | 45,662,942 | 43,139,264 | 40,536,407 | 43,289,463 | 41,504,733 | 37,906,242 | 31,236,764 | 31,717,557 | 30,976,531 | 30,104,031 | 30,510,380 |
Stock & work in progress | 23,899,086 | 17,841,028 | 7,940,219 | 10,086,826 | 8,365,936 | 17,078,093 | 5,020,920 | 8,286,512 | 14,289,893 | 16,255,233 | 11,977,961 | 16,690,817 | 12,167,936 | 5,638,128 |
Trade Debtors | 55,822,754 | 3,172,960 | 9,237,987 | 5,838,730 | 21,069,710 | 13,302,282 | 35,922,404 | 31,167,934 | 34,499,269 | 29,556,759 | 29,277,272 | 22,445,972 | 17,588,086 | 20,797,199 |
Group Debtors | 99,069,297 | 10,880,569 | 0 | 3,226,104 | 2,892,408 | 8,795,218 | 4,960,821 | 3,795,592 | 3,791,086 | 2,907,535 | 6,189,362 | 4,786,674 | 4,850,455 | 4,634,565 |
Misc Debtors | 174,523,328 | 95,217,110 | 0 | 3,569,140 | 4,233,814 | 3,357,397 | 7,493,343 | 9,007,449 | 7,955,507 | 3,286,752 | 3,853,114 | 3,823,146 | 2,840,423 | 4,616,140 |
Cash | 167,266,920 | 302,022,317 | 51,844,116 | 12,413,351 | 96,181,493 | 6,854,525 | 1,135,032 | 830,358 | 2,614,117 | 11,372,815 | 6,441,148 | 1,893,616 | 1,136,913 | 834,664 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 520,581,386 | 429,133,986 | 69,022,323 | 35,134,154 | 132,743,363 | 49,387,517 | 54,532,522 | 53,087,847 | 63,149,873 | 63,379,094 | 57,738,857 | 49,640,225 | 38,583,813 | 36,520,698 |
total assets | 564,385,865 | 474,308,240 | 110,892,167 | 80,797,096 | 175,882,627 | 89,923,924 | 97,821,985 | 94,592,580 | 101,056,115 | 94,615,858 | 89,456,415 | 80,616,756 | 68,687,844 | 67,031,077 |
Bank overdraft | 0 | 0 | 0 | 0 | 9,029,654 | 1 | 20,801,826 | 18,854,571 | 5,583,867 | 4,086,433 | 1,544,571 | 3,881,355 | 5,195,369 | 20,453,262 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 1,994,255 | 0 | 3,177,091 | 3,069,047 | 1,535,951 | 1,074,242 | 1,537,556 | 7,911,325 | 1,208,696 |
Trade Creditors | 0 | 1,444,975 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 52,396,577 | 46,591,972 | 37,357,112 | 23,280,079 | 3,557,303 |
Group/Directors Accounts | 1 | 1 | 0 | 0 | 1 | 1 | 0 | 0 | 0 | 981,285 | 1,290,938 | 803,146 | 1,237,228 | 8,875,445 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 2,190,186 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 609,687 | 982,453 | 862,656 | 756,529 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 212,368,397 | 395,959,406 | 53,945,515 | 49,609,279 | 137,457,691 | 52,848,934 | 39,507,035 | 33,054,477 | 52,584,096 | 3,365,550 | 3,376,015 | 3,259,644 | 1,393,894 | 2,423,535 |
total current liabilities | 212,978,087 | 398,386,836 | 54,808,173 | 50,365,810 | 146,487,347 | 54,843,192 | 62,499,049 | 55,086,140 | 61,237,010 | 62,365,797 | 53,877,739 | 46,838,814 | 39,017,896 | 36,518,241 |
loans | 936,362 | 2,906,120 | 3,839,576 | 5,333,428 | 0 | 2,620,710 | 6,212,248 | 6,045,320 | 9,612,808 | 5,265,328 | 4,814,700 | 4,528,453 | 3,282,556 | 5,127,748 |
hp & lease commitments | 281,394 | 1,266,273 | 1,919,788 | 2,666,714 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 637,179 | 608,878 | 538,024 | 448,366 | 683,900 | 630,336 | 477,748 | 467,173 | 448,002 | 0 | 0 | 0 | 0 | 0 |
provisions | 9,641,788 | 9,641,788 | 9,023,078 | 8,486,228 | 9,256,326 | 8,450,550 | 8,424,495 | 10,037,248 | 9,956,121 | 594,065 | 601,452 | 499,721 | 299,708 | 296,646 |
total long term liabilities | 6,113,042 | 7,069,620 | 6,969,353 | 7,358,195 | 5,312,063 | 6,165,968 | 7,796,120 | 8,508,458 | 10,232,468 | 5,859,394 | 5,416,154 | 5,028,175 | 3,582,265 | 5,424,395 |
total liabilities | 219,091,129 | 405,456,456 | 61,777,526 | 57,724,005 | 151,799,410 | 61,009,160 | 70,295,169 | 63,594,598 | 71,469,478 | 68,225,191 | 59,293,893 | 51,866,989 | 42,600,161 | 41,942,636 |
net assets | 345,294,736 | 68,851,784 | 49,114,642 | 23,073,091 | 24,083,217 | 28,914,764 | 27,526,816 | 30,997,982 | 29,586,637 | 26,390,667 | 30,162,522 | 28,749,768 | 26,087,683 | 25,088,441 |
total shareholders funds | 345,294,736 | 68,851,783 | 49,114,642 | 23,073,091 | 24,083,217 | 28,914,765 | 27,526,816 | 30,997,982 | 29,586,637 | 26,390,667 | 30,162,522 | 28,749,768 | 26,087,683 | 25,088,441 |
Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | 34,204,313 | 302,470 | -2,897,066 | 646,639 | -727,273 | 2,652,491 | 3,008,236 | 2,310,392 | 2,536,321 | 3,781,039 | 2,047,186 | 2,195,676 | ||
Depreciation | 1,056,036 | 1,113,447 | 917,140 | 861,149 | 796,460 | 87,719 | 57,817 | 58,203 | 57,732 | 613,149 | 615,612 | 616,756 | 576,506 | 313,229 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | -34,219,293 | -3,461,632 | -9,528,566 | -703,864 | -1,113,181 | -451,793 | -61,620 | -607,636 | -687,399 | -478,946 | -754,125 | -592,606 | -52,635 | -17,197 |
Stock | 6,058,058 | 9,900,809 | -2,146,607 | 1,720,890 | -8,712,157 | 12,057,173 | -3,265,592 | -6,003,381 | -1,965,340 | 4,277,272 | -4,712,856 | 4,522,881 | 6,529,808 | 5,638,128 |
Debtors | 218,250,990 | 100,865,801 | -5,267,979 | -17,814,224 | 2,518,242 | -26,484,741 | 6,673,693 | 1,205,231 | 10,436,409 | -3,499,137 | 9,330,397 | 6,889,591 | -5,406,860 | 32,064,856 |
Creditors | -1,444,975 | 1,444,975 | 0 | 0 | 0 | 0 | 0 | 0 | -52,396,577 | 5,804,605 | 9,234,861 | 14,077,033 | 19,722,777 | 3,557,303 |
Accruals and Deferred Income | -183,591,009 | 342,013,891 | 4,336,236 | -87,848,412 | 84,608,757 | 13,341,899 | 6,452,558 | -19,529,619 | 49,218,546 | -10,465 | 116,371 | 1,865,750 | -1,029,641 | 2,423,535 |
Deferred Taxes & Provisions | 0 | 618,710 | 536,850 | -770,098 | 805,776 | 26,055 | -1,612,753 | 81,127 | 9,362,056 | -7,387 | 101,731 | 200,013 | 3,062 | 296,646 |
Cash flow from operations | 37,880,559 | -72,065,421 | 88,394,661 | 28,078,087 | 700,628 | -12,547,284 | 91,525 | 7,453,213 | 7,233,230 | 8,535,513 | 20,144,307 | -28,933,792 | ||
Investing Activities | ||||||||||||||
capital expenditure | -59,098 | -456,784 | -376,493 | -507,771 | -1,281,783 | |||||||||
Change in Investments | 0 | -3,276,579 | 3,276,579 | 0 | 0 | 0 | 0 | 0 | 0 | -1 | 1 | -1 | 1 | 0 |
cash flow from investments | -59,097 | -456,785 | -376,492 | -507,772 | -1,281,783 | |||||||||
Financing Activities | ||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | -1,994,255 | 1,994,255 | -3,177,091 | 108,044 | 1,533,096 | 461,709 | -463,314 | -6,373,769 | 6,702,629 | 1,208,696 |
Group/Directors Accounts | 0 | 0 | 0 | -1 | 0 | 1 | 0 | 0 | -981,285 | -309,653 | 487,792 | -434,083 | -7,638,217 | 8,875,445 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | -2,190,186 | 2,190,186 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | -1,969,758 | -933,456 | -1,493,852 | 5,333,428 | -2,620,710 | -3,591,538 | 166,928 | -3,567,488 | 4,347,480 | 450,628 | 286,247 | 1,245,897 | -1,845,192 | 5,127,748 |
Hire Purchase and Lease Commitments | -1,357,645 | -533,718 | -640,799 | 3,423,243 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 28,301 | 70,854 | 89,658 | -235,534 | 53,564 | 152,588 | 10,575 | 19,171 | 448,002 | 0 | 0 | 0 | 0 | 0 |
share issue | ||||||||||||||
interest | 0 | 0 | 0 | 1,394,918 | -3,656,265 | -631,113 | 550,018 | 874,592 | 0 | -370,599 | -201,305 | -526,348 | -1,201,932 | -1,584,572 |
cash flow from financing | -3,299,102 | 1,971,451 | -585,355 | 7,912,404 | -12,695,232 | -3,704,003 | -870,147 | -2,324,598 | 6,610,386 | 232,085 | -58,717 | -6,088,303 | -3,776,089 | 38,121,851 |
cash and cash equivalents | ||||||||||||||
cash | -134,755,397 | 250,178,201 | 39,430,765 | -83,768,142 | 89,326,968 | 5,719,493 | 304,674 | -1,783,759 | -8,758,698 | 4,931,667 | 4,547,532 | 756,703 | 302,248 | 834,664 |
overdraft | 0 | 0 | 0 | -9,029,654 | 9,029,653 | -20,801,825 | 1,947,255 | 13,270,704 | 1,497,434 | 2,541,862 | -2,336,784 | -1,314,014 | -15,257,893 | 20,453,262 |
change in cash | -134,755,397 | 250,178,201 | 39,430,765 | -74,738,488 | 80,297,315 | 26,521,318 | -1,642,581 | -15,054,463 | -10,256,132 | 2,389,805 | 6,884,316 | 2,070,717 | 15,560,141 | -19,618,598 |
coral oil company limited(the) Credit Report and Business Information
Coral Oil Company Limited(the) Competitor Analysis
Perform a competitor analysis for coral oil company limited(the) by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mega companies, companies in EC4V area or any other competitors across 12 key performance metrics.
coral oil company limited(the) Ownership
CORAL OIL COMPANY LIMITED(THE) group structure
Coral Oil Company Limited(The) has no subsidiary companies.
Ultimate parent company
MORONCHA HOLDINGS CO. LTD
#0063878
FORTUNA HOLDING COMPANY LTD
#0032517
2 parents
CORAL OIL COMPANY LIMITED(THE)
00203333
coral oil company limited(the) directors
Coral Oil Company Limited(The) currently has 3 directors. The longest serving directors include Mr Edgar Yamin (Jan 2017) and Mr Antonio Yammine (Jan 2017).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Edgar Yamin | Lebanon | 52 years | Jan 2017 | - | Director |
Mr Antonio Yammine | Lebanon | 57 years | Jan 2017 | - | Director |
Mr Oscar Yamin | Lebanon | 54 years | Jan 2017 | - | Director |
P&L
December 2022turnover
720.2m
-7%
operating profit
333.3m
0%
gross margin
2.9%
-73.26%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
345.3m
+4.02%
total assets
564.4m
+0.19%
cash
167.3m
-0.45%
net assets
Total assets minus all liabilities
coral oil company limited(the) company details
company number
00203333
Type
Private limited with Share Capital
industry
46719 - Wholesale of fuels and related products (other than petroleum and petroleum products)
incorporation date
January 1925
age
100
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2022
previous names
shell company of syria limited (December 1976)
accountant
-
auditor
LUBBOCK FINE LLP
address
c/o rwk goodman llp, 69 carter lane, london, EC4V 5EQ
Bank
-
Legal Advisor
-
coral oil company limited(the) Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to coral oil company limited(the).
coral oil company limited(the) Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for CORAL OIL COMPANY LIMITED(THE). This can take several minutes, an email will notify you when this has completed.
coral oil company limited(the) Companies House Filings - See Documents
date | description | view/download |
---|