associated petroleum terminals (immingham) limited
associated petroleum terminals (immingham) limited Company Information
Company Number
00564394
Next Accounts
Sep 2025
Shareholders
prax lindsey oil refinery limited
phillips 66 limited
Group Structure
View All
Industry
Cargo handling for water transport activities of division 50
Registered Address
queens road, immingham, grimsby, north east lincolnshire, DN40 2PN
Website
http://aptoil.co.ukassociated petroleum terminals (immingham) limited Estimated Valuation
Pomanda estimates the enterprise value of ASSOCIATED PETROLEUM TERMINALS (IMMINGHAM) LIMITED at £14.4m based on a Turnover of £16.8m and 0.86x industry multiple (adjusted for size and gross margin).
associated petroleum terminals (immingham) limited Estimated Valuation
Pomanda estimates the enterprise value of ASSOCIATED PETROLEUM TERMINALS (IMMINGHAM) LIMITED at £0 based on an EBITDA of £-11k and a 4.08x industry multiple (adjusted for size and gross margin).
associated petroleum terminals (immingham) limited Estimated Valuation
Pomanda estimates the enterprise value of ASSOCIATED PETROLEUM TERMINALS (IMMINGHAM) LIMITED at £92.2k based on Net Assets of £52k and 1.77x industry multiple (adjusted for liquidity).
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Associated Petroleum Terminals (immingham) Limited Overview
Associated Petroleum Terminals (immingham) Limited is a live company located in grimsby, DN40 2PN with a Companies House number of 00564394. It operates in the cargo handling for water transport activities sector, SIC Code 52241. Founded in April 1956, it's largest shareholder is prax lindsey oil refinery limited with a 50% stake. Associated Petroleum Terminals (immingham) Limited is a mature, mid sized company, Pomanda has estimated its turnover at £16.8m with healthy growth in recent years.
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Associated Petroleum Terminals (immingham) Limited Health Check
Pomanda's financial health check has awarded Associated Petroleum Terminals (Immingham) Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
4 Regular
4 Weak
Size
annual sales of £16.8m, make it larger than the average company (£13.4m)
£16.8m - Associated Petroleum Terminals (immingham) Limited
£13.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a faster rate (6.3%)
8% - Associated Petroleum Terminals (immingham) Limited
6.3% - Industry AVG
Production
with a gross margin of 22.7%, this company has a comparable cost of product (22.7%)
22.7% - Associated Petroleum Terminals (immingham) Limited
22.7% - Industry AVG
Profitability
an operating margin of -0.1% make it less profitable than the average company (5.8%)
-0.1% - Associated Petroleum Terminals (immingham) Limited
5.8% - Industry AVG
Employees
with 58 employees, this is above the industry average (36)
58 - Associated Petroleum Terminals (immingham) Limited
36 - Industry AVG
Pay Structure
on an average salary of £90.2k, the company has a higher pay structure (£43k)
£90.2k - Associated Petroleum Terminals (immingham) Limited
£43k - Industry AVG
Efficiency
resulting in sales per employee of £289.7k, this is equally as efficient (£271.7k)
£289.7k - Associated Petroleum Terminals (immingham) Limited
£271.7k - Industry AVG
Debtor Days
it gets paid by customers after 3 days, this is earlier than average (39 days)
3 days - Associated Petroleum Terminals (immingham) Limited
39 days - Industry AVG
Creditor Days
its suppliers are paid after 36 days, this is close to average (33 days)
36 days - Associated Petroleum Terminals (immingham) Limited
33 days - Industry AVG
Stock Days
it holds stock equivalent to 23 days, this is more than average (1 days)
23 days - Associated Petroleum Terminals (immingham) Limited
1 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is average cash available to meet short term requirements (7 weeks)
6 weeks - Associated Petroleum Terminals (immingham) Limited
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 98.5%, this is a higher level of debt than the average (59.3%)
98.5% - Associated Petroleum Terminals (immingham) Limited
59.3% - Industry AVG
ASSOCIATED PETROLEUM TERMINALS (IMMINGHAM) LIMITED financials
Associated Petroleum Terminals (Immingham) Limited's latest turnover from December 2023 is £16.8 million and the company has net assets of £52 thousand. According to their latest financial statements, Associated Petroleum Terminals (Immingham) Limited has 58 employees and maintains cash reserves of £421 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | 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 | 16,804,000 | 15,758,000 | 13,578,000 | 13,236,000 | 11,910,000 | 12,039,000 | 12,696,000 | 13,670,000 | 14,009,000 | 13,186,000 | 11,374,000 | 10,402,000 | 14,534,000 | 7,586,000 | 7,531,000 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | -11,000 | 21,000 | 59,000 | 65,000 | 78,000 | ||||||||||
| Interest Payable | 21,000 | 59,000 | 65,000 | 78,000 | |||||||||||
| Interest Receivable | 11,000 | ||||||||||||||
| Pre-Tax Profit | 41,000 | ||||||||||||||
| Tax | 5,000 | -41,000 | |||||||||||||
| Profit After Tax | 5,000 | ||||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | 5,000 | ||||||||||||||
| Employee Costs | 5,231,000 | 5,869,000 | 5,583,000 | 5,385,000 | 4,652,000 | 5,167,000 | 4,611,000 | 4,963,000 | 4,404,000 | 4,509,000 | 4,471,000 | 4,568,000 | 10,466,000 | 3,477,000 | 3,509,000 |
| Number Of Employees | 58 | 58 | 55 | 56 | 55 | 53 | 55 | 51 | 51 | 55 | 57 | 57 | 57 | 67 | 67 |
| EBITDA* | -11,000 | 21,000 | 59,000 | 65,000 | 78,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | 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 | |||||||||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | |||||||||||||||
| Stock & work in progress | 843,000 | 828,000 | 768,000 | 677,000 | 704,000 | 632,000 | 531,000 | 91,000 | 70,000 | 64,000 | 75,000 | 70,000 | 80,000 | 58,000 | 58,000 |
| Trade Debtors | 167,000 | 393,000 | 87,000 | 86,000 | 196,000 | 412,000 | 231,000 | 271,000 | 131,000 | 33,000 | 84,000 | 219,000 | 109,000 | 162,000 | 242,000 |
| Group Debtors | 2,022,000 | 1,017,000 | 2,505,000 | 6,481,000 | 5,145,000 | 4,519,000 | 1,248,000 | 1,151,000 | 28,000 | 793,000 | 1,068,000 | 4,791,000 | 950,000 | 1,164,000 | |
| Misc Debtors | 46,000 | 46,000 | 72,000 | 73,000 | 205,000 | 179,000 | 65,000 | 239,000 | |||||||
| Cash | 421,000 | 282,000 | 1,158,000 | 398,000 | 28,000 | 618,000 | 2,450,000 | 1,967,000 | 2,139,000 | 449,000 | 223,000 | 231,000 | 221,000 | ||
| misc current assets | |||||||||||||||
| total current assets | 3,499,000 | 2,566,000 | 3,432,000 | 8,475,000 | 6,648,000 | 5,770,000 | 2,693,000 | 3,963,000 | 2,168,000 | 2,264,000 | 1,640,000 | 1,580,000 | 4,980,000 | 1,401,000 | 1,685,000 |
| total assets | 3,499,000 | 2,566,000 | 3,432,000 | 8,475,000 | 6,648,000 | 5,770,000 | 2,693,000 | 3,963,000 | 2,168,000 | 2,264,000 | 1,640,000 | 1,580,000 | 4,980,000 | 1,401,000 | 1,685,000 |
| Bank overdraft | 79,000 | 1,000 | |||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 1,303,000 | 1,190,000 | 632,000 | 1,414,000 | 1,233,000 | 2,962,000 | 819,000 | 515,000 | 7,000 | 84,000 | 214,000 | 231,000 | 159,000 | 80,000 | 1,309,000 |
| Group/Directors Accounts | 961,000 | 929,000 | 725,000 | 2,229,000 | 285,000 | 605,000 | 7,000 | 2,080,000 | 29,000 | 12,000 | |||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 2,144,000 | 1,324,000 | 1,143,000 | 1,744,000 | 908,000 | 1,141,000 | 1,211,000 | 1,868,000 | 1,572,000 | 1,423,000 | 1,339,000 | 2,737,000 | 1,289,000 | 361,000 | |
| total current liabilities | 3,447,000 | 2,514,000 | 1,854,000 | 4,119,000 | 3,070,000 | 2,962,000 | 2,685,000 | 3,955,000 | 2,160,000 | 2,261,000 | 1,637,000 | 1,577,000 | 4,977,000 | 1,398,000 | 1,682,000 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 1,526,000 | 4,304,000 | 3,526,000 | 2,756,000 | |||||||||||
| total liabilities | 3,447,000 | 2,514,000 | 3,380,000 | 8,423,000 | 6,596,000 | 5,718,000 | 2,685,000 | 3,955,000 | 2,160,000 | 2,261,000 | 1,637,000 | 1,577,000 | 4,977,000 | 1,398,000 | 1,682,000 |
| net assets | 52,000 | 52,000 | 52,000 | 52,000 | 52,000 | 52,000 | 8,000 | 8,000 | 8,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 |
| total shareholders funds | 52,000 | 52,000 | 52,000 | 52,000 | 52,000 | 52,000 | 8,000 | 8,000 | 8,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 |
| Dec 2023 | 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 | -11,000 | 21,000 | 59,000 | 65,000 | 78,000 | ||||||||||
| Depreciation | |||||||||||||||
| Amortisation | |||||||||||||||
| Tax | 5,000 | -41,000 | |||||||||||||
| Stock | 15,000 | 60,000 | 91,000 | -27,000 | 72,000 | 101,000 | 440,000 | 21,000 | 6,000 | -11,000 | 5,000 | -10,000 | 22,000 | 58,000 | |
| Debtors | 779,000 | -1,208,000 | -3,976,000 | 1,094,000 | 436,000 | 3,566,000 | 122,000 | 1,291,000 | 70,000 | -1,055,000 | -171,000 | -3,613,000 | 3,788,000 | -294,000 | 1,406,000 |
| Creditors | 113,000 | 558,000 | -782,000 | 181,000 | -1,729,000 | 2,143,000 | 304,000 | 508,000 | -77,000 | -130,000 | -17,000 | 72,000 | 79,000 | -1,229,000 | 1,309,000 |
| Accruals and Deferred Income | 820,000 | 181,000 | -601,000 | 836,000 | 908,000 | -1,141,000 | -70,000 | -657,000 | 296,000 | 149,000 | 84,000 | -1,398,000 | 1,448,000 | 928,000 | 361,000 |
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | 128,000 | 1,908,000 | 2,561,000 | 15,000 | -1,251,000 | -2,665,000 | -328,000 | -1,461,000 | |||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -961,000 | 32,000 | 929,000 | -725,000 | -1,504,000 | 1,944,000 | -320,000 | 605,000 | -7,000 | -2,073,000 | 2,051,000 | 17,000 | 12,000 | ||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | 11,000 | -21,000 | -59,000 | -65,000 | -78,000 | ||||||||||
| cash flow from financing | 11,000 | -21,000 | -1,020,000 | -33,000 | 851,000 | -681,000 | -1,504,000 | 1,944,000 | -320,000 | 605,000 | -7,000 | -2,073,000 | 2,051,000 | 17,000 | 15,000 |
| cash and cash equivalents | |||||||||||||||
| cash | 139,000 | 282,000 | -1,158,000 | 760,000 | 370,000 | -590,000 | -1,832,000 | 483,000 | -172,000 | 1,690,000 | 226,000 | 223,000 | -231,000 | 10,000 | 221,000 |
| overdraft | -79,000 | 79,000 | -1,000 | 1,000 | |||||||||||
| change in cash | 139,000 | 361,000 | -1,237,000 | 760,000 | 370,000 | -590,000 | -1,832,000 | 483,000 | -172,000 | 1,690,000 | 226,000 | 224,000 | -232,000 | 10,000 | 221,000 |
associated petroleum terminals (immingham) limited Credit Report and Business Information
Associated Petroleum Terminals (immingham) Limited Competitor Analysis
Perform a competitor analysis for associated petroleum terminals (immingham) limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other mid companies, companies in DN40 area or any other competitors across 12 key performance metrics.
associated petroleum terminals (immingham) limited Ownership
ASSOCIATED PETROLEUM TERMINALS (IMMINGHAM) LIMITED group structure
Associated Petroleum Terminals (Immingham) Limited has 1 subsidiary company.
Ultimate parent company
ASSOCIATED PETROLEUM TERMINALS (IMMINGHAM) LIMITED
00564394
1 subsidiary
associated petroleum terminals (immingham) limited directors
Associated Petroleum Terminals (Immingham) Limited currently has 6 directors. The longest serving directors include Mr Robert Sherwell (Mar 2017) and Mr Neil Watson (Jul 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Robert Sherwell | England | 49 years | Mar 2017 | - | Director |
| Mr Neil Watson | 54 years | Jul 2022 | - | Director | |
| Mr Paul Fursey | 53 years | Jan 2023 | - | Director | |
| Mr Gerard Knight | 51 years | Aug 2023 | - | Director | |
| Mr David Pullan | 58 years | Apr 2024 | - | Director | |
| Mr Thomas Willson | 49 years | Jun 2024 | - | Director |
P&L
December 2023turnover
16.8m
+7%
operating profit
-11k
-152%
gross margin
22.8%
-5.31%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
52k
0%
total assets
3.5m
+0.36%
cash
421k
+0.49%
net assets
Total assets minus all liabilities
associated petroleum terminals (immingham) limited company details
company number
00564394
Type
Private limited with Share Capital
industry
52241 - Cargo handling for water transport activities of division 50
incorporation date
April 1956
age
69
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
SMAILES GOLDIE
address
queens road, immingham, grimsby, north east lincolnshire, DN40 2PN
Bank
-
Legal Advisor
-
associated petroleum terminals (immingham) 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 did not find charges/mortgages relating to associated petroleum terminals (immingham) limited.
associated petroleum terminals (immingham) 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.
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associated petroleum terminals (immingham) limited Companies House Filings - See Documents
| date | description | view/download |
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