totalenergies offshore uk limited
totalenergies offshore uk limited Company Information
Company Number
00946986
Website
https://www.maerskoil.comRegistered Address
19th floor 10 upper bank street, canary wharf, london, E14 5BF
Industry
Extraction of natural gas
Extraction of crude petroleum
Telephone
03330037874
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
totalenergies offshore gb limited 100%
totalenergies offshore uk limited Estimated Valuation
Pomanda estimates the enterprise value of TOTALENERGIES OFFSHORE UK LIMITED at £0 based on a Turnover of £567.2m and 0x industry multiple (adjusted for size and gross margin).
totalenergies offshore uk limited Estimated Valuation
Pomanda estimates the enterprise value of TOTALENERGIES OFFSHORE UK LIMITED at £0 based on an EBITDA of £485.4m and a 0x industry multiple (adjusted for size and gross margin).
totalenergies offshore uk limited Estimated Valuation
Pomanda estimates the enterprise value of TOTALENERGIES OFFSHORE UK LIMITED at £130m based on Net Assets of £98.6m and 1.32x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Totalenergies Offshore Uk Limited Overview
Totalenergies Offshore Uk Limited is a live company located in london, E14 5BF with a Companies House number of 00946986. It operates in the extraction of crude petroleum sector, SIC Code 06100. Founded in January 1969, it's largest shareholder is totalenergies offshore gb limited with a 100% stake. Totalenergies Offshore Uk Limited is a mature, mega sized company, Pomanda has estimated its turnover at £567.2m with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
Totalenergies Offshore Uk Limited Health Check
Pomanda's financial health check has awarded Totalenergies Offshore Uk Limited a 4 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
6 Strong
1 Regular
3 Weak
Size
annual sales of £567.2m, make it larger than the average company (£69m)
£567.2m - Totalenergies Offshore Uk Limited
£69m - Industry AVG
Growth
3 year (CAGR) sales growth of 58%, show it is growing at a faster rate (5.9%)
58% - Totalenergies Offshore Uk Limited
5.9% - Industry AVG
Production
with a gross margin of 76.8%, this company has a lower cost of product (51.1%)
76.8% - Totalenergies Offshore Uk Limited
51.1% - Industry AVG
Profitability
an operating margin of 76.4% make it more profitable than the average company (37.1%)
76.4% - Totalenergies Offshore Uk Limited
37.1% - Industry AVG
Employees
with 520 employees, this is above the industry average (49)
- Totalenergies Offshore Uk Limited
49 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Totalenergies Offshore Uk Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £1.1m, this is equally as efficient (£1.1m)
- Totalenergies Offshore Uk Limited
£1.1m - Industry AVG
Debtor Days
it gets paid by customers after 73 days, this is later than average (26 days)
73 days - Totalenergies Offshore Uk Limited
26 days - Industry AVG
Creditor Days
its suppliers are paid after 129 days, this is slower than average (27 days)
129 days - Totalenergies Offshore Uk Limited
27 days - Industry AVG
Stock Days
it holds stock equivalent to 28 days, this is more than average (20 days)
28 days - Totalenergies Offshore Uk Limited
20 days - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Totalenergies Offshore Uk Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 79.9%, this is a higher level of debt than the average (64.6%)
79.9% - Totalenergies Offshore Uk Limited
64.6% - Industry AVG
TOTALENERGIES OFFSHORE UK LIMITED financials
Totalenergies Offshore Uk Limited's latest turnover from December 2022 is £567.2 million and the company has net assets of £98.6 million. According to their latest financial statements, we estimate that Totalenergies Offshore Uk Limited has 520 employees and maintains cash reserves of 0 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 | 567,237,000 | 29,544,000 | 39,539,000 | 143,375,000 | 56,819,114 | 63,881,279 | 42,021,007 | 109,268,819 | 197,316,604 | 161,492,771 | 216,737,597 | 237,358,818 | 180,432,426 | 93,975,252 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Cost Of Sales | 131,772,000 | 53,965,000 | 66,881,000 | 70,331,000 | 50,985,338 | 187,780,982 | -54,442,230 | 273,945,998 | 322,602,571 | 146,567,670 | 262,517,930 | 298,151,622 | 116,797,213 | |
| Gross Profit | 435,465,000 | -24,421,000 | -27,342,000 | 73,044,000 | 5,833,776 | -123,899,704 | 96,463,237 | -164,677,179 | -125,285,967 | 14,925,101 | -45,780,333 | -60,792,804 | -22,821,961 | |
| Admin Expenses | 1,845,000 | 290,000 | 259,000 | 6,338,000 | 1,567,271 | 3,759,513 | -18,552,480 | 42,852,574 | 22,139,173 | 10,662,368 | 11,562,445 | 2,008,352 | 16,243,993 | |
| Operating Profit | 433,620,000 | -24,711,000 | -27,601,000 | 66,706,000 | 4,266,505 | -127,659,217 | 115,015,717 | -207,529,753 | -147,425,140 | 4,262,733 | -57,342,778 | -62,801,156 | -76,305,887 | -39,065,954 |
| Interest Payable | 6,862,000 | 6,070,000 | 6,249,000 | 10,262,000 | 10,340,348 | 13,251,622 | 22,429,656 | 18,002,083 | 13,686,398 | 11,652,989 | 12,176,516 | 12,841,632 | 15,661,713 | 11,710,115 |
| Interest Receivable | 2,292,000 | 19,000 | 439,000 | 863,000 | 276,532 | 158,615 | 813,463 | 1,120,946 | 1,312,447 | 5,888,367 | 5,669,492 | 2,493,414 | 3,090,758 | 5,453,507 |
| Pre-Tax Profit | 431,751,000 | -27,311,000 | 31,581,000 | 57,307,000 | -5,797,311 | -140,752,223 | 93,399,525 | -224,410,890 | -159,799,092 | -1,501,889 | -63,849,801 | -73,149,374 | -88,876,842 | -45,322,561 |
| Tax | -341,131,000 | 27,903,000 | 23,353,000 | -30,657,000 | 6,432,424 | 66,251,702 | -71,248,946 | 125,398,691 | 92,467,862 | -245,539 | 18,671,685 | 27,421,780 | 41,491,167 | 29,094,185 |
| Profit After Tax | 90,620,000 | 592,000 | 54,934,000 | 26,650,000 | 635,114 | -74,500,521 | 22,150,579 | -99,012,199 | -67,331,229 | -1,747,427 | -45,178,116 | -45,727,594 | -47,385,675 | -16,228,376 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 138,154,733 |
| Retained Profit | 90,620,000 | 592,000 | 54,934,000 | 26,650,000 | 635,114 | -74,500,521 | 22,150,579 | -99,012,199 | -67,331,229 | -1,747,427 | -45,178,116 | -45,727,594 | -47,385,675 | -154,383,109 |
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Number Of Employees | ||||||||||||||
| EBITDA* | 485,422,000 | -1,058,000 | -26,678,000 | 88,993,000 | 49,619,388 | -127,659,217 | 191,998,007 | -55,141,327 | -85,713,956 | 57,049,629 | 109,727,343 | 149,618,374 | 84,359,972 | 8,653,291 |
* 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 | 198,755,000 | 20,142,000 | 19,185,000 | 10,818,000 | 102,016,257 | 164,865,817 | 374,068,082 | 390,236,536 | 247,433,607 | 214,073,856 | 143,954,122 | 288,442,659 | 389,763,377 | 488,664,704 |
| Intangible Assets | 5,136,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 63,428,527 | 53,119,708 | 13,977,239 | 14,009,637 | 0 | 835,536 |
| Investments & Other | 0 | 163,222,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 1 | 1 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 105,661,274 | 195,059,506 | 264,516,973 | 160,314,576 | 216,445,379 | 200,666,238 | 197,520,887 | 132,065,112 |
| Total Fixed Assets | 203,891,000 | 183,364,000 | 19,185,000 | 10,818,000 | 102,016,258 | 164,865,818 | 479,729,357 | 585,296,043 | 575,379,109 | 427,508,141 | 374,376,741 | 503,118,535 | 587,284,266 | 621,565,353 |
| Stock & work in progress | 10,367,000 | 0 | 428,000 | 0 | 192,205 | 556,757 | 987,503 | 2,468,015 | 4,906,474 | 7,159,698 | 16,357,062 | 10,955,349 | 9,779,960 | 12,232,701 |
| Trade Debtors | 114,863,000 | 17,707,000 | 7,070,000 | 35,654,000 | 40,398,845 | 34,880,237 | 6,489,305 | 10,417,287 | 15,098,145 | 71,676,436 | 36,920,159 | 31,246,386 | 10,874,418 | 13,525,348 |
| Group Debtors | 160,870,000 | 293,695,000 | 306,440,000 | 183,649,000 | 45,766,922 | 8,010 | 73,749,137 | 127,155,608 | 58,291,894 | 8,003,126 | 753,363 | 90,403,469 | 43,005,293 | 51,209,754 |
| Misc Debtors | 450,000 | 8,990,000 | 4,253,000 | 156,854,000 | 145,281,470 | 159,245,373 | 36,450,969 | 35,020,827 | 18,602,109 | 37,286,049 | 25,626,815 | 2,512,688 | 1,047,898 | 928,039 |
| Cash | 0 | 0 | 140,401,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 630,706 |
| misc current assets | 0 | 0 | 0 | 122,589,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 286,550,000 | 320,392,000 | 458,592,000 | 498,746,000 | 231,639,444 | 194,690,379 | 117,676,915 | 175,061,738 | 96,898,622 | 124,125,309 | 79,657,400 | 135,117,893 | 64,707,571 | 78,526,550 |
| total assets | 490,441,000 | 503,756,000 | 477,777,000 | 509,564,000 | 333,655,702 | 359,556,196 | 597,406,272 | 760,357,780 | 672,277,731 | 551,633,451 | 454,034,141 | 638,236,428 | 651,991,836 | 700,091,903 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 46,704,000 | 5,988,000 | 8,550,000 | 18,049,000 | 616,121 | 2,082,032 | 184,773 | 10,708,123 | 23,720,268 | 22,913,899 | 12,389,307 | 25,554,770 | 15,202,500 | 18,182,364 |
| Group/Directors Accounts | 109,470,000 | 372,485,000 | 203,396,000 | 44,823,000 | 3,664,818 | 18,732,676 | 5,908,150 | 34,326,837 | 39,263,336 | 36,494,725 | 33,213,206 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 52,369,000 | 2,638,000 | 1,596,000 | 88,856,000 | 20,112,436 | 32,761,355 | 176,437,169 | 74,544,778 | 79,525,055 | 42,740,653 | 41,518,582 | 54,859,620 | 46,701,320 | 23,555,982 |
| total current liabilities | 208,543,000 | 381,111,000 | 213,542,000 | 151,728,000 | 24,393,375 | 53,576,063 | 182,530,093 | 119,579,738 | 142,508,660 | 102,149,277 | 87,121,095 | 80,414,391 | 61,903,820 | 41,738,347 |
| loans | 0 | 0 | 160,000,000 | 314,550,000 | 243,647,344 | 180,763,438 | 226,681,744 | 144,670,484 | 16,599,184 | 186,921 | 33,213,206 | 128,749,759 | 86,983,863 | 84,137,433 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 183,271,000 | 114,638,000 | 96,820,000 | 90,805,000 | 121,961,558 | 185,302,411 | 174,048,148 | 503,873,103 | 418,741,436 | 312,432,590 | 227,196,965 | 264,664,310 | 294,496,460 | 333,122,897 |
| total long term liabilities | 183,271,000 | 114,638,000 | 256,820,000 | 405,355,000 | 365,608,904 | 366,065,850 | 400,729,893 | 648,543,588 | 435,340,620 | 312,619,513 | 260,410,171 | 393,414,070 | 381,480,324 | 417,260,332 |
| total liabilities | 391,814,000 | 495,749,000 | 470,362,000 | 557,083,000 | 390,002,279 | 419,641,913 | 583,259,986 | 768,123,326 | 577,849,280 | 414,768,790 | 347,531,267 | 473,828,461 | 443,384,144 | 458,998,679 |
| net assets | 98,627,000 | 8,007,000 | 7,415,000 | -47,519,000 | -56,346,578 | -60,085,717 | 14,146,285 | -7,765,546 | 94,428,450 | 136,864,661 | 106,502,875 | 164,407,967 | 208,607,692 | 241,093,224 |
| total shareholders funds | 98,627,000 | 8,007,000 | 7,415,000 | -47,519,000 | -56,346,578 | -60,085,717 | 14,146,285 | -7,765,546 | 94,428,450 | 136,864,661 | 106,502,875 | 164,407,967 | 208,607,692 | 241,093,224 |
| 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 | 433,620,000 | -24,711,000 | -27,601,000 | 66,706,000 | 4,266,505 | -127,659,217 | 115,015,717 | -207,529,753 | -147,425,140 | 4,262,733 | -57,342,778 | -62,801,156 | -76,305,887 | -39,065,954 |
| Depreciation | 51,802,000 | 23,653,000 | 923,000 | 22,287,000 | 45,352,883 | 0 | 76,982,289 | 152,388,426 | 61,711,185 | 52,786,896 | 167,070,120 | 212,411,821 | 157,736,463 | 44,677,439 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7,709 | 2,929,396 | 3,041,806 |
| Tax | -341,131,000 | 27,903,000 | 23,353,000 | -30,657,000 | 6,432,424 | 66,251,702 | -71,248,946 | 125,398,691 | 92,467,862 | -245,539 | 18,671,685 | 27,421,780 | 41,491,167 | 29,094,185 |
| Stock | 10,367,000 | -428,000 | 428,000 | -192,205 | -364,552 | -430,746 | -1,480,513 | -2,438,458 | -2,253,224 | -9,197,365 | 5,401,714 | 1,175,388 | -2,452,740 | 12,232,701 |
| Debtors | -44,209,000 | 2,629,000 | -58,394,000 | 144,709,762 | 37,313,617 | -28,217,064 | -145,302,543 | 11,144,107 | 79,228,934 | -2,465,529 | -45,083,066 | 72,380,285 | 54,720,243 | 197,728,254 |
| Creditors | 40,716,000 | -2,562,000 | -9,499,000 | 17,432,879 | -1,465,911 | 1,897,258 | -10,523,349 | -13,012,145 | 806,369 | 10,524,592 | -13,165,463 | 10,352,270 | -2,979,864 | 18,182,364 |
| Accruals and Deferred Income | 49,731,000 | 1,042,000 | -87,260,000 | 68,743,564 | -12,648,919 | -143,675,814 | 101,892,391 | -4,980,277 | 36,784,402 | 1,222,071 | -13,341,038 | 8,158,300 | 23,145,338 | 23,555,982 |
| Deferred Taxes & Provisions | 68,633,000 | 17,818,000 | 6,015,000 | -31,156,558 | -63,340,853 | 11,254,263 | -329,824,955 | 85,131,667 | 106,308,846 | 85,235,625 | -37,467,345 | -29,832,150 | -38,626,437 | 333,122,897 |
| Cash flow from operations | 337,213,000 | 40,942,000 | -36,103,000 | -31,161,672 | -58,352,936 | -163,283,998 | 29,076,203 | 128,690,960 | 73,677,814 | 165,449,272 | 104,106,533 | 92,162,901 | 55,122,673 | 202,647,764 |
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | -163,222,000 | 163,222,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1 | 0 | 0 | 0 | 1 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -263,015,000 | 169,089,000 | 158,573,000 | 41,158,182 | -15,067,858 | 12,824,526 | -28,418,687 | -4,936,499 | 2,768,612 | 3,281,518 | 33,213,206 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | -160,000,000 | -154,550,000 | 70,902,656 | 62,883,906 | -45,918,306 | 82,011,260 | 128,071,300 | 16,412,263 | -33,026,285 | -95,536,553 | 41,765,896 | 2,846,430 | 84,137,433 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -4,570,000 | -6,051,000 | -5,810,000 | -9,399,000 | -10,063,816 | -13,093,007 | -21,616,193 | -16,881,137 | -12,373,951 | -5,764,622 | -6,507,024 | -10,348,218 | -12,570,955 | -6,256,608 |
| cash flow from financing | -267,585,000 | 3,038,000 | -1,787,000 | 84,839,416 | 40,856,257 | -45,918,268 | 31,737,632 | 103,071,867 | 31,701,943 | -3,400,176 | -81,557,347 | 32,945,547 | 5,175,617 | 473,357,158 |
| cash and cash equivalents | ||||||||||||||
| cash | 0 | -140,401,000 | 140,401,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -630,706 | 630,706 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | -140,401,000 | 140,401,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -630,706 | 630,706 |
totalenergies offshore uk limited Credit Report and Business Information
Totalenergies Offshore Uk Limited Competitor Analysis
Perform a competitor analysis for totalenergies offshore uk limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
totalenergies offshore uk limited Ownership
TOTALENERGIES OFFSHORE UK LIMITED group structure
Totalenergies Offshore Uk Limited has no subsidiary companies.
Ultimate parent company
TOTALENERGIES SE
#0034446
2 parents
TOTALENERGIES OFFSHORE UK LIMITED
00946986
totalenergies offshore uk limited directors
Totalenergies Offshore Uk Limited currently has 6 directors. The longest serving directors include Mr Jean-Luc Guiziou (Mar 2018) and Mr Arnaud Le Foll (Jul 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jean-Luc Guiziou | United Kingdom | 62 years | Mar 2018 | - | Director |
| Mr Arnaud Le Foll | Russia | 45 years | Jul 2020 | - | Director |
| Mr Stephane Decubber | England | 48 years | Aug 2020 | - | Director |
| Mr Gregoire Poupard | Scotland | 44 years | Aug 2022 | - | Director |
| Mr Nicolas Payer | Scotland | 58 years | Jan 2023 | - | Director |
| Mr Hugues Lebreton | Scotland | 55 years | Sep 2023 | - | Director |
P&L
December 2022turnover
567.2m
+1820%
operating profit
433.6m
-1855%
gross margin
76.8%
-192.87%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
98.6m
+11.32%
total assets
490.4m
-0.03%
cash
0
0%
net assets
Total assets minus all liabilities
totalenergies offshore uk limited company details
company number
00946986
Type
Private limited with Share Capital
industry
06200 - Extraction of natural gas
06100 - Extraction of crude petroleum
incorporation date
January 1969
age
55
accounts
Full Accounts
ultimate parent company
previous names
total oil uk limited (June 2021)
maersk oil uk limited (June 2018)
See moreincorporated
UK
address
19th floor 10 upper bank street, canary wharf, london, E14 5BF
last accounts submitted
December 2022
totalenergies offshore uk 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 4 charges/mortgages relating to totalenergies offshore uk limited. Currently there are 0 open charges and 4 have been satisfied in the past.
totalenergies offshore uk limited Companies House Filings - See Documents
| date | description | view/download |
|---|
