bp exploration operating company limited

Live MatureMegaHigh

bp exploration operating company limited Company Information

Share BP EXPLORATION OPERATING COMPANY LIMITED

Company Number

00305943

Shareholders

bp exploration company limited

Group Structure

View All

Industry

Activities of head offices

 +1

Registered Address

chertsey road, sunbury on thames, middlesex, TW16 7BP

bp exploration operating company limited Estimated Valuation

£2.9b

Pomanda estimates the enterprise value of BP EXPLORATION OPERATING COMPANY LIMITED at £2.9b based on a Turnover of £1.8b and 1.63x industry multiple (adjusted for size and gross margin).

bp exploration operating company limited Estimated Valuation

£0

Pomanda estimates the enterprise value of BP EXPLORATION OPERATING COMPANY LIMITED at £0 based on an EBITDA of £-872.1m and a 7.45x industry multiple (adjusted for size and gross margin).

bp exploration operating company limited Estimated Valuation

£81.2b

Pomanda estimates the enterprise value of BP EXPLORATION OPERATING COMPANY LIMITED at £81.2b based on Net Assets of £50.8b and 1.6x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Bp Exploration Operating Company Limited Overview

Bp Exploration Operating Company Limited is a live company located in middlesex, TW16 7BP with a Companies House number of 00305943. It operates in the extraction of crude petroleum sector, SIC Code 06100. Founded in October 1935, it's largest shareholder is bp exploration company limited with a 100% stake. Bp Exploration Operating Company Limited is a mature, mega sized company, Pomanda has estimated its turnover at £1.8b with high growth in recent years.

View Sample
View Sample
View Sample

Bp Exploration Operating Company Limited Health Check

Pomanda's financial health check has awarded Bp Exploration Operating Company Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

6 Strong

positive_score

3 Regular

positive_score

3 Weak

size

Size

annual sales of £1.8b, make it larger than the average company (£39m)

£1.8b - Bp Exploration Operating Company Limited

£39m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (10%)

15% - Bp Exploration Operating Company Limited

10% - Industry AVG

production

Production

with a gross margin of 41.4%, this company has a comparable cost of product (37.4%)

41.4% - Bp Exploration Operating Company Limited

37.4% - Industry AVG

profitability

Profitability

an operating margin of -107.5% make it less profitable than the average company (17.9%)

-107.5% - Bp Exploration Operating Company Limited

17.9% - Industry AVG

employees

Employees

with 2782 employees, this is above the industry average (81)

2782 - Bp Exploration Operating Company Limited

81 - Industry AVG

paystructure

Pay Structure

on an average salary of £227.2k, the company has a higher pay structure (£89.2k)

£227.2k - Bp Exploration Operating Company Limited

£89.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £629.8k, this is equally as efficient (£639.6k)

£629.8k - Bp Exploration Operating Company Limited

£639.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 6 days, this is earlier than average (35 days)

6 days - Bp Exploration Operating Company Limited

35 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 48 days, this is slower than average (34 days)

48 days - Bp Exploration Operating Company Limited

34 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 39 days, this is in line with average (34 days)

39 days - Bp Exploration Operating Company Limited

34 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (10 weeks)

0 weeks - Bp Exploration Operating Company Limited

10 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 12.8%, this is a lower level of debt than the average (61.9%)

12.8% - Bp Exploration Operating Company Limited

61.9% - Industry AVG

BP EXPLORATION OPERATING COMPANY LIMITED financials

EXPORTms excel logo

Bp Exploration Operating Company Limited's latest turnover from December 2023 is £1.8 billion and the company has net assets of £50.8 billion. According to their latest financial statements, Bp Exploration Operating Company Limited has 2,782 employees and maintains cash reserves of £2.4 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover1,752,013,4742,515,249,4131,616,392,0111,150,774,8651,411,083,1011,828,173,5441,680,059,2811,299,887,2961,454,850,2811,557,292,7411,635,015,5151,964,198,6572,442,769,7332,611,805,2292,420,753,579
Other Income Or Grants
Cost Of Sales1,025,894,330904,290,3641,068,349,6401,229,439,5911,151,892,8621,182,861,0441,622,202,9961,153,131,1811,575,831,7301,404,321,4531,213,924,2091,548,699,8581,344,404,4611,455,543,3031,264,283,330
Gross Profit726,119,1431,610,959,049548,042,371-78,664,725259,190,239645,312,50057,856,285146,756,114-120,981,449152,971,288421,091,305415,498,7981,098,365,2721,156,261,9251,156,470,248
Admin Expenses2,610,319,431-2,456,950,269-2,614,027,65413,115,834,437407,846,98867,861,802-1,139,343,106-63,588,8994,055,512,27710,194,782,542515,075,592226,941,278139,091,133169,363,152604,839,206
Operating Profit-1,884,200,2884,067,909,3183,162,070,025-13,194,499,162-148,656,749577,450,6981,197,199,391210,345,013-4,176,493,726-10,041,811,254-93,984,287188,557,520959,274,139986,898,773551,631,042
Interest Payable1,014,541,670294,902,73391,071,400168,842,115305,940,202203,231,189145,464,231130,764,395135,950,273269,809,099257,160,494282,029,084163,479,574203,801,264116,200,655
Interest Receivable1,116,040,420224,193,47554,875,87937,679,816125,803,165171,373,63494,438,836197,297,400272,219,228444,109,768380,891,925387,456,40555,013,8643,663,73413,735,798
Pre-Tax Profit8,300,568,46614,814,857,3165,201,575,160-12,489,820,8452,324,661,4392,045,480,8861,448,987,423680,339,646-2,964,830,267-7,157,969,363-5,741,985,8721,383,606,5073,122,009,3661,715,816,5047,316,049,811
Tax-727,284,838-1,853,916,433-419,340,179621,357,3382,077,532-113,448,877252,529,03965,810,780306,295,8971,336,677,700-369,537,202-113,902,274-1,062,287,880-575,753,934-604,099,108
Profit After Tax7,573,283,62712,960,940,8834,782,234,980-11,868,463,5072,326,738,9711,932,032,0081,701,516,462746,150,426-2,658,534,370-5,821,291,663-6,111,523,0741,269,704,2332,059,721,4861,140,062,5706,711,950,703
Dividends Paid3,179,168,8743,179,168,8742,998,301,9332,238,751,2822,578,708,3372,921,370,568616,180,9112,156,633,188929,252,8816,700,044,932
Retained Profit4,394,114,7539,781,772,0081,783,933,048-11,868,463,50787,987,6891,932,032,0081,701,516,462746,150,426-2,658,534,370-8,400,000,000-9,032,893,642653,523,322-96,911,701210,809,68911,905,771
Employee Costs632,131,557598,888,805602,470,284641,418,233431,483,219513,715,109598,137,467682,118,378828,688,323992,042,953778,344,887688,641,321575,802,576490,614,546470,351,756
Number Of Employees2,7822,8512,5882,8142,9862,9593,6253,9194,5794,9435,2674,7594,2183,8853,542
EBITDA*-872,063,4334,651,854,5153,748,729,684-12,346,128,321545,233,7671,402,228,4591,944,397,179310,299,778-3,239,033,177-7,332,963,591162,157,522866,962,2271,294,469,7761,337,940,156961,654,150

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets4,343,489,5164,753,968,6625,215,112,8005,558,763,5686,752,417,5586,963,991,9598,322,376,0318,826,937,8218,111,318,6057,020,705,8734,779,675,8434,288,418,8794,326,118,6763,738,344,6903,962,587,457
Intangible Assets388,509,575386,820,831361,060,079393,030,624359,797,743370,279,126437,809,020420,279,077396,916,327347,868,524149,030,171301,093,105176,319,551238,989,592212,419,924
Investments & Other41,713,855,87944,063,061,08639,739,550,41738,800,230,34241,314,193,17142,305,772,90741,302,407,27533,327,154,03030,653,276,11528,151,876,68428,762,519,31121,052,837,51319,527,248,13715,117,146,57511,805,077,348
Debtors (Due After 1 year)2,094,540,155336,991,143402,340,907469,230,429409,791,880262,368,02124,931,50674,997,3165,973,547,8407,760,722,8087,136,862,7458,190,603,8579,565,558,5673,026,575,3932,446,545,349
Total Fixed Assets48,540,395,12549,540,841,72345,718,064,20345,221,254,96448,836,200,35249,902,412,01550,087,523,83242,649,368,24445,135,058,88743,281,173,89040,828,088,07033,832,953,35533,595,244,93222,121,056,25118,426,630,079
Stock & work in progress111,063,50884,852,01778,766,07177,948,98974,649,71475,443,720112,498,59897,473,74171,707,33681,281,65743,928,17155,400,82649,032,59623,417,79226,095,385
Trade Debtors32,276,89040,651,73037,539,41971,296,44388,911,03645,574,93944,384,36384,378,594123,637,903125,963,359269,623,688277,937,026333,110,481204,064,552300,841,517
Group Debtors8,962,064,1882,779,852,3951,391,071,3992,414,871,5911,149,287,7031,239,356,796782,187,7751,195,290,193911,870,5251,014,162,112920,118,8351,709,000,5541,471,932,3431,118,344,6901,141,863,405
Misc Debtors469,224,131393,718,870324,630,063280,931,074314,168,254243,368,476502,250,260515,371,463897,486,7211,188,545,916999,636,231649,470,700338,785,507484,397,224217,051,800
Cash2,390,4324,661,2678,973,88212,010,41412,041,62454,938,56244,302,65219,614,35372,266,18419,922,25422,938,53637,542,0547,091,6263,524,9665,440,015
misc current assets194,453,864171,795,473565,201,747130,401,553397,439,543120,879,85446,842,90642,963,2755,634,67022,885,844104,696
total current assets9,771,473,0153,475,531,7542,406,182,5832,987,460,0652,036,497,8751,779,562,3481,532,466,5551,955,091,6202,082,603,3412,452,761,1422,256,245,4612,729,351,1622,199,952,5541,833,853,9211,691,292,124
total assets58,311,868,14053,016,373,47748,124,246,78648,208,715,03050,872,698,22751,681,974,36351,619,990,38744,604,459,86447,217,662,22845,733,935,03243,084,333,53136,562,304,51735,795,197,48623,954,910,17220,117,922,203
Bank overdraft1,556,50029,078,5937,059,484107,21510,016,1071,091,213
Bank loan
Trade Creditors 136,223,602136,191,810177,553,974136,557,23291,381,35765,405,795113,070,57651,255,07961,186,206120,491,10962,467,15577,647,42151,895,98977,144,71632,461,005
Group/Directors Accounts2,923,303,3081,852,195,8975,218,530,7673,839,279,8521,667,053,3491,762,587,9851,089,399,1831,483,025,3786,070,562,6975,763,046,72511,950,066,68012,364,141,35212,750,940,29211,616,903,1108,775,410,488
other short term finances157,4443,396,8751,159,3143,417,77928,404,22970,502,185220,15210,392,579
hp & lease commitments80,960,56331,248,95961,550,901119,704,350112,888,025
other current liabilities626,169,8581,036,785,254574,190,183662,523,166717,436,611530,198,725704,905,070796,598,1751,533,071,3571,735,878,6851,507,641,1171,176,415,0591,012,611,3742,612,538,099486,275,113
total current liabilities3,766,657,3313,056,579,3666,031,825,8274,761,461,4772,591,475,1582,361,610,2851,935,779,0602,401,380,8177,665,040,4137,658,887,69113,527,234,43613,618,203,83313,815,554,87114,316,602,0329,295,237,820
loans1,205,0561,205,0561,287,29616,414,2611,669,981,6791,730,119,0831,824,514,9401,779,241,7381,361,307,8281,848,368,1001,569,779,4942,533,963,8912,602,501,694928,455,5812,047,603,183
hp & lease commitments71,720,53558,855,49995,974,771162,612,302206,992,525
Accruals and Deferred Income22,528,95315,086,670363,871397,14049,937,710345,012346,393346,393297,088277,281277,281278,775
other liabilities16,764,06019,026,568601,60120,934,60431,107,28441,806,7351,782,4243,180,2491,615,7331,247,0171,051,033980,960980,960986,2471,419,218
provisions3,608,175,0053,445,969,2682,852,498,5842,409,645,2212,658,357,0272,474,126,2132,551,482,8162,705,445,0663,172,411,6693,680,100,0693,809,483,0653,626,076,7763,468,783,0422,690,436,7482,787,852,236
total long term liabilities3,720,393,6113,540,143,0632,950,726,1262,610,003,5304,616,376,2274,246,052,0334,377,780,1814,488,212,0684,535,681,6265,530,061,5815,380,610,6826,161,298,9096,072,542,9793,620,157,3534,836,874,639
total liabilities7,487,050,9426,596,722,4288,982,551,9537,371,465,0077,207,851,3856,607,662,3186,313,559,2416,889,592,88512,200,722,03813,188,949,27318,907,845,11819,779,502,74219,888,097,85017,936,759,38514,132,112,459
net assets50,824,817,19846,419,651,04839,141,694,83340,837,250,02243,664,846,84245,074,312,04545,306,431,14637,714,866,97835,016,940,18932,544,985,75924,176,488,41416,782,801,77515,907,099,6366,018,150,7875,985,809,744
total shareholders funds50,824,817,19846,419,651,04839,141,694,83340,837,250,02243,664,846,84245,074,312,04545,306,431,14637,714,866,97835,016,940,18932,544,985,75924,176,488,41416,782,801,77515,907,099,6366,018,150,7875,985,809,744
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit-1,884,200,2884,067,909,3183,162,070,025-13,194,499,162-148,656,749577,450,6981,197,199,391210,345,013-4,176,493,726-10,041,811,254-93,984,287188,557,520959,274,139986,898,773551,631,042
Depreciation916,235,713526,328,817570,957,387832,503,751681,606,332811,663,380737,449,33190,796,596924,978,8312,704,286,814255,974,780678,316,594335,089,038351,005,452410,023,108
Amortisation95,901,14257,616,38015,702,27215,867,09012,284,18513,114,3819,748,4579,158,16912,481,7184,560,849167,02988,113106,59935,931
Tax-727,284,838-1,853,916,433-419,340,179621,357,3382,077,532-113,448,877252,529,03965,810,780306,295,8971,336,677,700-369,537,202-113,902,274-1,062,287,880-575,753,934-604,099,108
Stock26,211,4906,085,946817,0823,299,275-794,005-37,054,87815,024,85725,766,405-9,574,32137,353,486-11,472,6556,368,23025,614,804-2,677,59326,095,385
Debtors8,006,891,2271,395,632,349-1,080,747,7481,274,170,664171,490,640436,914,329-516,283,663-6,036,505,423-2,182,851,205763,152,696-1,500,770,639-882,374,7606,876,005,038727,079,7884,106,302,072
Creditors31,792-41,362,16440,996,74245,175,87525,975,562-47,664,78161,815,497-9,931,126-59,304,90358,023,954-15,180,26625,751,433-25,248,72744,683,71032,461,005
Accruals and Deferred Income-403,173,113477,317,870-88,366,252-104,454,015237,175,596-174,706,345-92,038,117-736,474,563-202,807,328228,286,873331,245,865163,803,685-1,599,928,2192,126,541,761486,275,113
Deferred Taxes & Provisions162,205,737593,470,684442,853,363-248,711,806184,230,814-77,356,603-153,962,250-466,966,603-507,688,400-129,382,996183,406,289157,293,734778,346,294-97,415,4882,787,852,236
Cash flow from operations-9,873,386,5722,425,646,1774,804,804,024-13,310,230,868823,996,637589,192,4022,514,000,1545,173,477,284-1,510,112,385-6,639,864,2421,804,335,5021,975,915,335-7,516,268,5982,111,594,010-468,254,061
Investing Activities
capital expenditure-603,346,453-148,561,811-211,038,346312,050,268-471,834,732601,136,205-260,165,941-838,936,731-2,077,121,084-5,148,716,046-595,335,840-765,478,463-860,299,582-153,368,284-4,585,030,489
Change in Investments-2,349,205,2084,323,510,670939,320,074-2,513,962,828-991,579,7371,003,365,6337,975,253,2452,673,877,9152,501,399,431-610,642,6277,709,681,7971,525,589,3764,410,101,5633,312,069,22611,805,077,348
cash flow from investments1,745,858,755-4,472,072,481-1,150,358,4202,826,013,096519,745,005-402,229,428-8,235,419,186-3,512,814,646-4,578,520,515-4,538,073,419-8,305,017,637-2,291,067,839-5,270,401,145-3,465,437,510-16,390,107,837
Financing Activities
Bank loans
Group/Directors Accounts1,071,107,410-3,366,334,8701,379,250,9162,172,226,503-95,534,636673,188,803-393,626,195-4,587,537,320307,515,973-6,187,019,955-414,074,672-386,798,9401,134,037,1822,841,492,6218,775,410,488
Other Short Term Loans -157,444157,444-3,396,8752,237,561-2,258,465-24,986,450-42,097,95670,282,033-10,172,42710,392,579
Long term loans-82,240-15,126,965-1,653,567,418-60,137,404-94,395,85745,273,202417,933,910-487,060,272278,588,606-964,184,397-68,537,8031,674,046,113-1,119,147,6022,047,603,183
Hire Purchase and Lease Commitments62,576,640-67,421,214-124,790,980-37,563,898319,880,550
other long term liabilities-2,262,50818,424,967-20,333,003-10,172,680-10,699,45140,024,311-1,397,8251,564,516368,716195,98470,073-5,287-432,9711,419,218
share issue11,051,396-2,503,815,793-3,479,488,2379,040,866,688-1,497,452,892-2,164,151,1095,890,047,7061,951,776,3635,130,488,80016,768,497,34616,426,580,281222,178,8169,985,860,551-178,468,6465,973,903,973
interest101,498,750-70,709,258-36,195,521-131,162,299-180,137,037-31,857,555-51,025,39566,533,005136,268,955174,300,669123,731,431105,427,321-108,465,710-200,137,530-102,464,857
cash flow from financing1,243,814,244-5,989,780,964-2,300,080,6659,382,864,457-1,526,339,335-1,602,177,8575,447,173,537-2,079,447,4935,077,409,74511,044,955,22915,172,122,716-127,730,60612,685,472,8491,343,305,87216,695,872,005
cash and cash equivalents
cash-2,270,835-4,312,615-3,036,532-31,210-42,896,93810,635,91024,688,299-52,651,83252,343,930-3,016,282-14,603,51930,450,4283,566,660-1,915,0495,440,015
overdraft-1,556,5001,556,500-29,078,59322,019,1097,059,484-107,215-9,908,8928,924,8941,091,213
change in cash-2,270,835-4,312,615-3,036,5321,525,290-44,453,43810,635,91024,688,299-52,651,83281,422,523-25,035,391-21,663,00330,557,64313,475,552-10,839,9434,348,802

bp exploration operating company limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for bp exploration operating company limited. Get real-time insights into bp exploration operating company limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Bp Exploration Operating Company Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for bp exploration operating company limited by selecting its closest rivals, whether from the MINING AND QUARRYING sector, other mega companies, companies in TW16 area or any other competitors across 12 key performance metrics.

bp exploration operating company limited Ownership

BP EXPLORATION OPERATING COMPANY LIMITED group structure

Bp Exploration Operating Company Limited has 71 subsidiary companies.

Ultimate parent company

2 parents

BP EXPLORATION OPERATING COMPANY LIMITED

00305943

71 subsidiaries

BP EXPLORATION OPERATING COMPANY LIMITED Shareholders

bp exploration company limited 100%

bp exploration operating company limited directors

Bp Exploration Operating Company Limited currently has 5 directors. The longest serving directors include Mrs Doris Reiter (Jan 2019) and Ms Katharine Butler (Feb 2021).

officercountryagestartendrole
Mrs Doris Reiter55 years Jan 2019- Director
Ms Katharine Butler50 years Feb 2021- Director
Ms Louise Kingham54 years Sep 2021- Director
Mr Alexander De'Ath49 years Jan 2023- Director
Mr Richard Eaton52 years Apr 2025- Director

P&L

December 2023

turnover

1.8b

-30%

operating profit

-1.9b

-146%

gross margin

41.5%

-35.29%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

50.8b

+0.09%

total assets

58.3b

+0.1%

cash

2.4m

-0.49%

net assets

Total assets minus all liabilities

bp exploration operating company limited company details

company number

00305943

Type

Private limited with Share Capital

industry

70100 - Activities of head offices

06100 - Extraction of crude petroleum

incorporation date

October 1935

age

90

incorporated

UK

ultimate parent company

accounts

Full Accounts

last accounts submitted

December 2023

previous names

bp exploration operating company limited (October 2009)

bp petroleum development limited (April 1991)

accountant

-

auditor

DELOITTE LLP

address

chertsey road, sunbury on thames, middlesex, TW16 7BP

Bank

NATIONAL WESTMINSTER BANK PLC

Legal Advisor

-

bp exploration operating company limited 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 found 18 charges/mortgages relating to bp exploration operating company limited. Currently there are 16 open charges and 2 have been satisfied in the past.

bp exploration operating company limited 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 BP EXPLORATION OPERATING COMPANY LIMITED. This can take several minutes, an email will notify you when this has completed.

bp exploration operating company limited Companies House Filings - See Documents

datedescriptionview/download