bp marine limited

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bp marine limited Company Information

Share BP MARINE LIMITED

Company Number

01214291

Shareholders

castrol limited

Group Structure

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Industry

Wholesale of fuels and related products (other than petroleum and petroleum products)

 

Registered Address

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

Website

www.bp.com

bp marine limited Estimated Valuation

£544.6m

Pomanda estimates the enterprise value of BP MARINE LIMITED at £544.6m based on a Turnover of £278.3m and 1.96x industry multiple (adjusted for size and gross margin).

bp marine limited Estimated Valuation

£133.3m

Pomanda estimates the enterprise value of BP MARINE LIMITED at £133.3m based on an EBITDA of £8.7m and a 15.27x industry multiple (adjusted for size and gross margin).

bp marine limited Estimated Valuation

£301.6m

Pomanda estimates the enterprise value of BP MARINE LIMITED at £301.6m based on Net Assets of £176.4m and 1.71x industry multiple (adjusted for liquidity).

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Bp Marine Limited Overview

Bp Marine Limited is a live company located in middlesex, TW16 7BP with a Companies House number of 01214291. It operates in the wholesale of other fuels and related products sector, SIC Code 46719. Founded in May 1975, it's largest shareholder is castrol limited with a 100% stake. Bp Marine Limited is a mature, mega sized company, Pomanda has estimated its turnover at £278.3m with healthy growth in recent years.

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Bp Marine Limited Health Check

Pomanda's financial health check has awarded Bp Marine Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

6 Strong

positive_score

1 Regular

positive_score

4 Weak

size

Size

annual sales of £278.3m, make it larger than the average company (£109.2m)

£278.3m - Bp Marine Limited

£109.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 6%, show it is growing at a slower rate (17.5%)

6% - Bp Marine Limited

17.5% - Industry AVG

production

Production

with a gross margin of 17.6%, this company has a lower cost of product (6.2%)

17.6% - Bp Marine Limited

6.2% - Industry AVG

profitability

Profitability

an operating margin of 3% make it more profitable than the average company (2.4%)

3% - Bp Marine Limited

2.4% - Industry AVG

employees

Employees

with 124 employees, this is above the industry average (29)

124 - Bp Marine Limited

29 - Industry AVG

paystructure

Pay Structure

There is insufficient data available for this Key Performance Indicator!

- - Bp Marine Limited

- - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £2.2m, this is equally as efficient (£2.3m)

£2.2m - Bp Marine Limited

£2.3m - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 51 days, this is later than average (28 days)

51 days - Bp Marine Limited

28 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 4 days, this is quicker than average (24 days)

4 days - Bp Marine Limited

24 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 2 days, this is less than average (7 days)

2 days - Bp Marine Limited

7 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (11 weeks)

1 weeks - Bp Marine Limited

11 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 19.2%, this is a lower level of debt than the average (68.8%)

19.2% - Bp Marine Limited

68.8% - Industry AVG

BP MARINE LIMITED financials

EXPORTms excel logo

Bp Marine Limited's latest turnover from December 2023 is £278.3 million and the company has net assets of £176.4 million. According to their latest financial statements, we estimate that Bp Marine Limited has 124 employees and maintains cash reserves of £846.2 thousand 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
Turnover278,318,406281,837,554257,367,995235,656,036220,682,251254,622,738254,598,254253,816,607328,484,826475,750,057449,301,512453,740,739582,239,767607,448,758658,273,959
Other Income Or Grants
Cost Of Sales229,444,101233,160,130218,140,212171,924,541163,844,350195,991,538194,881,839175,468,834227,013,538365,572,944339,249,356343,003,379469,794,415470,935,662470,075,743
Gross Profit48,874,30548,677,42439,227,78463,731,49556,837,90158,631,20059,716,41478,347,773101,471,288110,177,113110,052,156110,737,360112,445,353136,513,097188,198,216
Admin Expenses40,636,19538,666,61533,396,94447,638,10241,785,13854,332,83854,420,41150,969,10267,951,50282,670,43373,472,11270,193,23184,162,48788,226,51697,183,388
Operating Profit8,238,11010,010,8095,830,84016,093,39315,052,7634,298,3625,296,00327,378,67133,519,78627,506,68036,580,04440,544,12928,282,86648,286,58191,014,828
Interest Payable210,778109,169215,224170,114253,886232,832
Interest Receivable7,841,2602,761,73582,477211,4882,161,8051,908,642953,296286,7431,487619993,003
Pre-Tax Profit15,868,59212,772,5455,913,31816,304,88117,214,5686,207,0056,249,29927,665,41433,521,27327,397,51128,179,17740,374,01528,028,98047,476,62492,007,831
Tax-246,294-2,859,018198,916457,660-45,43514,10365,689-190,907-348,854822,200-12,544-116,176-28,485-326,955-304,898
Profit After Tax15,622,2989,913,5276,112,23416,762,54117,169,1346,221,1086,314,98827,474,50733,172,41928,219,71128,166,63440,257,83928,000,49547,149,66991,702,933
Dividends Paid10,992,2328,010,89523,000,84324,546,26622,902,51246,213,77241,491,316123,846,678
Retained Profit15,622,2989,913,5276,112,23416,762,5416,176,9026,221,108-1,695,9064,473,6648,626,1535,317,200-18,047,138-1,233,478-95,846,18247,149,66991,702,933
Employee Costs10,294,9719,662,5709,033,5666,255,768
Number Of Employees124150167156138182245199194213162166212345
EBITDA*8,732,24210,588,3256,684,72517,051,85615,839,0745,305,9626,340,62328,295,63734,247,99128,520,49737,054,72540,697,05428,407,33248,555,32991,014,828

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets4,527,0633,750,5773,022,3462,145,6431,166,016975,030
Intangible Assets582,1491,053,1191,342,2822,168,1752,512,8243,315,8354,029,4804,203,7874,512,050
Investments & Other1111
Debtors (Due After 1 year)378,319427,733503,760675,069183,203243,673394,937492,218721,5111,455,8361,578,5302,246,4581,651,4951,415,5678,723,281
Total Fixed Assets960,4691,480,8521,846,0422,843,2452,696,0283,559,5084,424,4174,696,0065,233,5615,982,8995,329,1085,268,8043,797,1392,581,5849,698,312
Stock & work in progress1,621,3711,145,769869,2491,279,0801,060,3841,253,6241,065,4491,294,1811,173,0142,049,0112,138,3772,242,9024,807,7283,909,2204,893,767
Trade Debtors39,234,09539,676,49836,632,16637,929,95537,553,12942,222,83240,777,85839,431,11246,441,53565,261,47068,880,306133,194,23995,588,581313,686,296380,010,912
Group Debtors167,315,472170,105,775150,561,979143,360,121109,574,967114,165,164106,445,56599,224,10492,996,87574,723,26158,059,68154,767,477162,972,320166,791,193
Misc Debtors8,189,4684,329,83312,793,7254,772,0156,644,4373,354,2274,301,8504,299,6245,014,1327,587,60214,442,46310,780,8539,495,32413,192,759
Cash846,201253,78620,519129,280346,071243,04263,36419,899
misc current assets1,446,3681,176,800956,068821,928866,478
total current assets217,206,609215,257,875200,857,120187,594,958154,853,437162,571,496154,113,594145,448,133146,447,486150,551,187143,520,829135,437,141165,944,641490,063,162564,908,531
total assets218,167,078216,738,728202,703,162190,438,203157,549,465166,131,004158,538,012150,144,139151,681,047156,534,087148,849,937140,705,945169,741,780492,644,746574,606,843
Bank overdraft68,43213,00412,385
Bank loan
Trade Creditors 2,943,1752,431,2853,446,2682,223,1621,349,8467,636,1365,928,8635,313,19511,518,1499,067,8682,951,7402,292,0991,871,3234,451,05020,779,254
Group/Directors Accounts30,522,69948,526,09636,308,72524,851,53527,564,85426,860,45628,607,70623,775,97226,367,89639,811,43649,374,79432,946,47656,041,860277,529,259383,599,076
other short term finances
hp & lease commitments
other current liabilities8,340,0245,042,4644,988,2753,544,5395,540,0856,002,5072,215,0122,874,3383,411,1873,287,27310,865,51712,359,67013,256,54816,246,82617,585,210
total current liabilities41,805,89955,999,84644,743,26830,619,23734,454,78540,499,09936,751,58231,963,50541,365,66552,166,57863,192,05147,598,24671,182,736298,239,519421,963,541
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions957,617625,244
total long term liabilities957,618625,245
total liabilities41,805,89955,999,84644,743,26831,576,85534,454,78541,124,34436,751,58231,963,50541,365,66552,166,57863,192,05147,598,24671,182,736298,239,519421,963,541
net assets176,361,180160,738,882157,959,893158,861,348123,094,680125,006,660121,786,430118,180,633110,315,382104,367,50985,657,88693,107,70098,559,044194,405,226152,643,302
total shareholders funds176,361,180160,738,882157,959,893158,861,348123,094,680125,006,660121,786,430118,180,633110,315,382104,367,50985,657,88693,107,70098,559,044194,405,226152,643,302
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit8,238,11010,010,8095,830,84016,093,39315,052,7634,298,3625,296,00327,378,67133,519,78627,506,68036,580,04440,544,12928,282,86648,286,58191,014,828
Depreciation474,681152,925124,466268,747
Amortisation494,132577,516853,885958,463786,3111,007,6001,044,620916,966728,2051,013,817
Tax-246,294-2,859,018198,916457,660-45,43514,10365,689-190,907-348,854822,200-12,544-116,176-28,485-326,955-304,898
Stock475,602276,520-409,831218,696-193,240188,175-228,732121,167-875,997-89,366-104,525-2,564,826898,508-984,5474,893,767
Debtors577,51614,048,20913,754,46932,781,424-6,030,1598,065,6858,473,152-1,726,995-3,854,1156,067,1887,520,285-27,347,711-324,781,101-81,148,637568,718,145
Creditors511,890-1,014,9841,223,106873,316-6,286,2901,707,272615,668-6,204,9552,450,2826,116,128659,641420,776-2,579,726-16,328,20520,779,254
Accruals and Deferred Income3,297,56054,1891,443,736-1,995,546-462,4223,787,495-659,326-536,849123,914-7,578,244-1,494,153-896,878-2,990,278-1,338,38417,585,210
Deferred Taxes & Provisions-957,617957,617-625,244625,244
Cash flow from operations11,242,280-7,556,217-4,751,772-15,655,21714,643,0823,186,216-1,881,76622,968,75441,203,44521,902,75928,791,90970,017,313346,691,436112,694,968-444,537,518
Investing Activities
capital expenditure-23,162-288,353-27,992-613,81416,700-293,955-870,313-608,703-713,192-1,790,303-1,202,912-1,029,628-1,104,093-459,733-975,030
Change in Investments1-11
cash flow from investments-23,163-288,353-27,991-613,81416,699-293,955-870,313-608,703-713,192-1,790,303-1,202,912-1,029,628-1,104,093-459,733-975,030
Financing Activities
Bank loans
Group/Directors Accounts-18,003,39712,217,37211,457,189-2,713,319704,398-1,747,2504,831,735-2,591,925-13,443,540-9,563,35816,428,317-23,095,384-221,487,399-106,069,817383,599,076
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue-7,134,538-7,013,68919,004,128-8,088,882-3,000,8785,301,7023,391,587-2,678,28013,392,42310,597,324-4,217,866-5,387,74560,940,369
interest7,630,4822,761,73582,477211,4882,161,8051,908,642953,296286,7431,487-109,169-215,224-170,114-253,886-232,213993,003
cash flow from financing-10,372,9157,844,5694,525,97716,502,297-5,222,679-2,839,48611,086,7331,086,405-16,120,3333,719,89626,810,417-27,483,364-221,741,285-111,689,775445,532,448
cash and cash equivalents
cash846,201-253,786233,267-108,761-216,791103,028243,042-63,36463,364-19,89919,899
overdraft-68,43268,432-13,00461912,385
change in cash846,201-253,786233,267-108,761-216,791103,028311,474-131,79663,36413,004-619-32,28419,899

bp marine limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Bp Marine Limited Competitor Analysis

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Perform a competitor analysis for bp marine limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mega companies, companies in TW16 area or any other competitors across 12 key performance metrics.

bp marine limited Ownership

BP MARINE LIMITED group structure

Bp Marine Limited has no subsidiary companies.

Ultimate parent company

2 parents

BP MARINE LIMITED

01214291

BP MARINE LIMITED Shareholders

castrol limited 100%

bp marine limited directors

Bp Marine Limited currently has 2 directors. The longest serving directors include Mr Gary Reading (May 2019) and Dr Cassandra Higham (Sep 2020).

officercountryagestartendrole
Mr Gary Reading52 years May 2019- Director
Dr Cassandra Higham46 years Sep 2020- Director

P&L

December 2023

turnover

278.3m

-1%

operating profit

8.2m

-18%

gross margin

17.6%

+1.67%

turnover

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

Balance Sheet

December 2023

net assets

176.4m

+0.1%

total assets

218.2m

+0.01%

cash

846.2k

0%

net assets

Total assets minus all liabilities

bp marine limited company details

company number

01214291

Type

Private limited with Share Capital

industry

46719 - Wholesale of fuels and related products (other than petroleum and petroleum products)

incorporation date

May 1975

age

50

incorporated

UK

ultimate parent company

accounts

Full Accounts

last accounts submitted

December 2023

previous names

bp chemicals services limited (July 1988)

bp southern africa holdings limited (February 1984)

accountant

-

auditor

DELOITTE LLP

address

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

Bank

-

Legal Advisor

-

bp marine 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 bp marine limited.

bp marine 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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bp marine limited Companies House Filings - See Documents

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