premier oil e&p uk eu limited
premier oil e&p uk eu limited Company Information
Company Number
02907493
Next Accounts
Sep 2025
Shareholders
premier oil e & p uk limited
Group Structure
View All
Industry
Extraction of crude petroleum
+1Registered Address
151 buckingham palace road, london, SW1W 9SZ
Website
https://www.eonruhrgas.co.ukpremier oil e&p uk eu limited Estimated Valuation
Pomanda estimates the enterprise value of PREMIER OIL E&P UK EU LIMITED at £19.1m based on a Turnover of £18.9m and 1.01x industry multiple (adjusted for size and gross margin).
premier oil e&p uk eu limited Estimated Valuation
Pomanda estimates the enterprise value of PREMIER OIL E&P UK EU LIMITED at £149.6m based on an EBITDA of £65.2m and a 2.3x industry multiple (adjusted for size and gross margin).
premier oil e&p uk eu limited Estimated Valuation
Pomanda estimates the enterprise value of PREMIER OIL E&P UK EU LIMITED at £59.4m based on Net Assets of £47.1m and 1.26x industry multiple (adjusted for liquidity).
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Premier Oil E&p Uk Eu Limited Overview
Premier Oil E&p Uk Eu Limited is a live company located in london, SW1W 9SZ with a Companies House number of 02907493. It operates in the extraction of crude petroleum sector, SIC Code 06100. Founded in March 1994, it's largest shareholder is premier oil e & p uk limited with a 100% stake. Premier Oil E&p Uk Eu Limited is a mature, mid sized company, Pomanda has estimated its turnover at £18.9m with healthy growth in recent years.
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Premier Oil E&p Uk Eu Limited Health Check
Pomanda's financial health check has awarded Premier Oil E&P Uk Eu Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
6 Weak
Size
annual sales of £18.9m, make it smaller than the average company (£56.8m)
£18.9m - Premier Oil E&p Uk Eu Limited
£56.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a slower rate (14.8%)
5% - Premier Oil E&p Uk Eu Limited
14.8% - Industry AVG
Production
with a gross margin of 28.7%, this company has a higher cost of product (53.1%)
28.7% - Premier Oil E&p Uk Eu Limited
53.1% - Industry AVG
Profitability
an operating margin of 327% make it more profitable than the average company (29.1%)
327% - Premier Oil E&p Uk Eu Limited
29.1% - Industry AVG
Employees
with 18 employees, this is below the industry average (40)
- Premier Oil E&p Uk Eu Limited
40 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Premier Oil E&p Uk Eu Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £1.1m, this is equally as efficient (£1.1m)
- Premier Oil E&p Uk Eu Limited
£1.1m - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Premier Oil E&p Uk Eu Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (25 days)
2 days - Premier Oil E&p Uk Eu Limited
25 days - Industry AVG
Stock Days
it holds stock equivalent to 0 days, this is less than average (22 days)
0 days - Premier Oil E&p Uk Eu Limited
22 days - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Premier Oil E&p Uk Eu Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 79.6%, this is a higher level of debt than the average (66.6%)
79.6% - Premier Oil E&p Uk Eu Limited
66.6% - Industry AVG
PREMIER OIL E&P UK EU LIMITED financials
Premier Oil E&P Uk Eu Limited's latest turnover from December 2023 is £18.9 million and the company has net assets of £47.1 million. According to their latest financial statements, we estimate that Premier Oil E&P Uk Eu Limited has 18 employees and maintains cash reserves of 0 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 | 18,939,000 | 18,385,000 | 18,285,000 | 16,453,000 | 15,282,000 | 18,971,000 | 45,784,000 | 34,939,000 | 49,874,000 | 74,703,000 | 69,355,000 | 57,945,000 | 69,300,000 | 31,088,000 | 20,873,000 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 13,505,000 | 11,247,000 | 10,959,000 | 15,236,000 | 145,049,000 | 121,138,000 | 69,872,000 | 55,361,000 | 59,873,000 | 33,054,000 | 22,942,000 | ||||
| Gross Profit | 5,434,000 | 7,138,000 | 7,326,000 | 1,217,000 | -95,175,000 | -46,435,000 | -517,000 | 2,584,000 | 9,427,000 | -1,966,000 | -2,069,000 | ||||
| Admin Expenses | -56,500,000 | 32,516,000 | 36,196,000 | -1,301,000 | -8,724,000 | -39,268,000 | 7,339,000 | 2,778,000 | 1,591,000 | 6,647,000 | 5,365,000 | ||||
| Operating Profit | 61,934,000 | -25,378,000 | -28,870,000 | 2,518,000 | -1,342,000 | 28,853,000 | 34,177,000 | -16,009,000 | -86,451,000 | -7,167,000 | -7,856,000 | -194,000 | 7,836,000 | -8,613,000 | -7,434,000 |
| Interest Payable | 7,502,000 | 2,050,000 | 4,049,000 | 5,654,000 | 5,172,000 | 5,026,000 | 7,650,000 | 6,684,000 | 2,665,000 | 4,137,000 | 4,380,000 | 4,637,000 | 4,406,000 | 3,950,000 | 2,439,000 |
| Interest Receivable | 12,782,000 | 5,329,000 | 7,300,000 | 8,730,000 | 8,266,000 | 4,388,000 | 2,020,000 | 120,000 | 59,000 | 224,000 | 429,000 | 391,000 | 375,000 | 577,000 | |
| Pre-Tax Profit | 54,339,000 | -14,327,000 | -24,320,000 | 508,000 | 4,751,000 | 29,568,000 | 30,936,000 | -20,665,000 | -88,996,000 | 73,090,000 | -11,968,000 | -4,395,000 | 3,821,000 | -12,166,000 | -9,171,000 |
| Tax | -24,738,000 | 10,346,000 | 33,365,000 | -40,067,000 | 18,802,000 | 7,188,000 | -5,982,000 | 40,390,000 | -186,000 | -9,696,000 | 7,897,000 | -18,052,000 | 45,856,000 | -7,395,000 | -32,694,000 |
| Profit After Tax | 29,601,000 | -3,981,000 | 9,045,000 | -39,559,000 | 23,553,000 | 36,756,000 | 24,954,000 | 19,725,000 | -89,182,000 | 63,394,000 | -4,071,000 | -22,447,000 | 49,677,000 | -19,561,000 | -41,865,000 |
| Dividends Paid | |||||||||||||||
| Retained Profit | 29,601,000 | -3,981,000 | 9,045,000 | -39,559,000 | 23,553,000 | 36,756,000 | 24,954,000 | 19,725,000 | -89,182,000 | 63,394,000 | -4,071,000 | -22,447,000 | 49,677,000 | -19,561,000 | -41,865,000 |
| Employee Costs | |||||||||||||||
| Number Of Employees | |||||||||||||||
| EBITDA* | 65,153,000 | -25,378,000 | -28,757,000 | 4,887,000 | -1,342,000 | 42,892,000 | 24,272,000 | 13,872,000 | -56,570,000 | 29,862,000 | 21,073,000 | 24,510,000 | 39,268,000 | 1,566,000 | -2,337,000 |
* 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 | 24,184,000 | 26,557,000 | 32,796,000 | 50,414,000 | 112,720,000 | 192,932,000 | 192,487,000 | 186,671,000 | 205,711,000 | 181,202,000 | |||||
| Intangible Assets | 3,952,000 | 3,160,000 | 3,594,000 | 6,925,000 | |||||||||||
| Investments & Other | 61,233,000 | 112,210,000 | 104,306,000 | 65,744,000 | 102,993,000 | 79,650,000 | 80,774,000 | 94,599,000 | |||||||
| Debtors (Due After 1 year) | 113,098,000 | 127,283,000 | 123,241,000 | ||||||||||||
| Total Fixed Assets | 198,515,000 | 239,493,000 | 227,547,000 | 65,744,000 | 102,993,000 | 79,650,000 | 107,331,000 | 127,395,000 | 50,414,000 | 112,720,000 | 192,932,000 | 196,439,000 | 189,831,000 | 209,305,000 | 188,127,000 |
| Stock & work in progress | 15,000 | 334,000 | 2,476,000 | 2,490,000 | 268,000 | 622,000 | 728,000 | 311,000 | |||||||
| Trade Debtors | 129,000 | 16,000 | 1,215,000 | 940,000 | 3,422,000 | 3,175,000 | 1,165,000 | 1,865,000 | 1,331,000 | 3,036,000 | 2,936,000 | 4,597,000 | 766,000 | ||
| Group Debtors | 23,321,000 | 4,583,000 | 108,421,000 | 105,036,000 | 98,412,000 | 71,364,000 | 48,762,000 | 2,942,000 | 5,339,000 | 18,691,000 | 29,146,000 | 28,624,000 | 29,682,000 | 25,684,000 | |
| Misc Debtors | 9,487,000 | 1,085,000 | 1,139,000 | 3,496,000 | 5,158,000 | 1,419,000 | 8,460,000 | 2,908,000 | 1,594,000 | 4,724,000 | 16,887,000 | 11,074,000 | 1,385,000 | 3,675,000 | 6,461,000 |
| Cash | 34,083,000 | 12,393,000 | 2,000 | 4,455,000 | 1,939,000 | 7,118,000 | 3,867,000 | ||||||||
| misc current assets | 1,787,000 | 4,638,000 | 2,808,000 | 1,312,000 | |||||||||||
| total current assets | 32,823,000 | 5,668,000 | 1,268,000 | 111,933,000 | 111,409,000 | 100,771,000 | 85,033,000 | 59,483,000 | 42,926,000 | 28,109,000 | 39,401,000 | 47,979,000 | 35,506,000 | 45,800,000 | 37,089,000 |
| total assets | 231,338,000 | 245,161,000 | 228,815,000 | 177,677,000 | 214,402,000 | 180,421,000 | 192,364,000 | 186,878,000 | 93,340,000 | 140,829,000 | 232,333,000 | 244,418,000 | 225,337,000 | 255,105,000 | 225,216,000 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 92,000 | 1,359,000 | 470,000 | 412,000 | 1,000 | 39,000 | 111,000 | 1,000 | 512,000 | 218,000 | |||||
| Group/Directors Accounts | 2,922,000 | 2,185,000 | 434,000 | 48,000 | 57,000 | 573,000 | 730,000 | 870,000 | 125,503,000 | 121,961,000 | |||||
| other short term finances | 47,246,000 | 21,690,000 | 3,007,000 | ||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 22,099,000 | 6,160,000 | 2,892,000 | 2,784,000 | 3,709,000 | 5,386,000 | 10,820,000 | 7,234,000 | 4,546,000 | 2,169,000 | 11,219,000 | 10,264,000 | 6,570,000 | 14,348,000 | 15,535,000 |
| total current liabilities | 25,113,000 | 56,950,000 | 25,016,000 | 2,784,000 | 3,709,000 | 8,393,000 | 11,290,000 | 7,646,000 | 4,595,000 | 2,265,000 | 11,903,000 | 10,995,000 | 7,952,000 | 139,851,000 | 137,714,000 |
| loans | 299,000 | 115,440,000 | 120,897,000 | 105,246,000 | 138,941,000 | 103,863,000 | |||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | 44,238,000 | 51,739,000 | 49,598,000 | 45,413,000 | 42,595,000 | 38,054,000 | 46,442,000 | 54,209,000 | |||||||
| other liabilities | 10,048,000 | 7,064,000 | 19,839,000 | 18,165,000 | |||||||||||
| provisions | 104,504,000 | 111,873,000 | 112,846,000 | 98,844,000 | 99,030,000 | 88,459,000 | 125,480,000 | 140,825,000 | 124,272,000 | 84,909,000 | 92,054,000 | 95,519,000 | 72,685,000 | 106,768,000 | 94,533,000 |
| total long term liabilities | 159,089,000 | 170,676,000 | 182,283,000 | 162,422,000 | 141,625,000 | 126,513,000 | 171,922,000 | 195,034,000 | 124,272,000 | 84,909,000 | 207,494,000 | 216,416,000 | 177,931,000 | 245,709,000 | 198,396,000 |
| total liabilities | 184,202,000 | 227,626,000 | 207,299,000 | 165,206,000 | 145,334,000 | 134,906,000 | 183,212,000 | 202,680,000 | 128,867,000 | 87,174,000 | 219,397,000 | 227,411,000 | 185,883,000 | 385,560,000 | 336,110,000 |
| net assets | 47,136,000 | 17,535,000 | 21,516,000 | 12,471,000 | 69,068,000 | 45,515,000 | 9,152,000 | -15,802,000 | -35,527,000 | 53,655,000 | 12,936,000 | 17,007,000 | 39,454,000 | -130,455,000 | -110,894,000 |
| total shareholders funds | 47,136,000 | 17,535,000 | 21,516,000 | 12,471,000 | 69,068,000 | 45,515,000 | 9,152,000 | -15,802,000 | -35,527,000 | 53,655,000 | 12,936,000 | 17,007,000 | 39,454,000 | -130,455,000 | -110,894,000 |
| 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 | 61,934,000 | -25,378,000 | -28,870,000 | 2,518,000 | -1,342,000 | 28,853,000 | 34,177,000 | -16,009,000 | -86,451,000 | -7,167,000 | -7,856,000 | -194,000 | 7,836,000 | -8,613,000 | -7,434,000 |
| Depreciation | 3,219,000 | 113,000 | 2,369,000 | 14,039,000 | -9,905,000 | 29,881,000 | 29,881,000 | 37,029,000 | 28,929,000 | 24,704,000 | 31,432,000 | 10,179,000 | 4,963,000 | ||
| Amortisation | 134,000 | ||||||||||||||
| Tax | -24,738,000 | 10,346,000 | 33,365,000 | -40,067,000 | 18,802,000 | 7,188,000 | -5,982,000 | 40,390,000 | -186,000 | -9,696,000 | 7,897,000 | -18,052,000 | 45,856,000 | -7,395,000 | -32,694,000 |
| Stock | 15,000 | -334,000 | -2,142,000 | -14,000 | 2,222,000 | -354,000 | -106,000 | 417,000 | 311,000 | ||||||
| Debtors | 12,955,000 | 8,442,000 | 12,576,000 | 524,000 | 10,638,000 | 17,525,000 | 28,401,000 | 49,144,000 | -6,227,000 | -24,981,000 | -6,347,000 | 10,311,000 | -5,009,000 | 5,043,000 | 32,911,000 |
| Creditors | -1,267,000 | 1,359,000 | -470,000 | 58,000 | 411,000 | -38,000 | -72,000 | 110,000 | -511,000 | 512,000 | -218,000 | 218,000 | |||
| Accruals and Deferred Income | 8,438,000 | 5,409,000 | 4,293,000 | 1,893,000 | 2,864,000 | -13,822,000 | -4,181,000 | 56,897,000 | 2,377,000 | -9,050,000 | 955,000 | 3,694,000 | -7,778,000 | -1,187,000 | 15,535,000 |
| Deferred Taxes & Provisions | -7,369,000 | -973,000 | 14,002,000 | -186,000 | 10,571,000 | -37,021,000 | -15,345,000 | 16,553,000 | 39,363,000 | -7,145,000 | -3,465,000 | 22,834,000 | -34,083,000 | 12,235,000 | 94,533,000 |
| Cash flow from operations | 27,247,000 | -17,679,000 | 10,327,000 | -33,997,000 | 20,257,000 | -18,758,000 | -29,579,000 | 79,313,000 | -6,685,000 | 28,894,000 | 30,695,000 | 22,518,000 | -459,000 | 42,033,000 | |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -50,977,000 | 7,904,000 | 38,562,000 | -37,249,000 | 23,343,000 | -1,124,000 | -13,825,000 | 94,599,000 | |||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | 737,000 | 1,751,000 | 434,000 | -48,000 | -9,000 | -516,000 | -157,000 | -140,000 | -124,633,000 | 3,542,000 | 121,961,000 | ||||
| Other Short Term Loans | -47,246,000 | 25,556,000 | 21,690,000 | -3,007,000 | 3,007,000 | ||||||||||
| Long term loans | 299,000 | -115,440,000 | -5,457,000 | 15,651,000 | -33,695,000 | 35,078,000 | 103,863,000 | ||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | 2,984,000 | -12,775,000 | 1,674,000 | 18,165,000 | |||||||||||
| share issue | |||||||||||||||
| interest | -7,502,000 | 10,732,000 | 1,280,000 | 1,646,000 | 3,558,000 | 3,240,000 | -3,262,000 | -4,664,000 | -2,545,000 | -4,078,000 | -4,156,000 | -4,208,000 | -4,015,000 | -3,575,000 | -1,862,000 |
| cash flow from financing | -50,728,000 | 25,264,000 | 25,078,000 | 2,773,000 | 551,000 | 5,854,000 | -3,262,000 | -4,712,000 | -2,554,000 | -142,709,000 | -9,770,000 | 11,303,000 | -42,111,000 | 35,045,000 | 154,933,000 |
| cash and cash equivalents | |||||||||||||||
| cash | -34,083,000 | 21,690,000 | 12,391,000 | -4,453,000 | 2,516,000 | -5,179,000 | 3,251,000 | 3,867,000 | |||||||
| overdraft | |||||||||||||||
| change in cash | -34,083,000 | 21,690,000 | 12,391,000 | -4,453,000 | 2,516,000 | -5,179,000 | 3,251,000 | 3,867,000 |
premier oil e&p uk eu limited Credit Report and Business Information
Premier Oil E&p Uk Eu Limited Competitor Analysis
Perform a competitor analysis for premier oil e&p uk eu limited by selecting its closest rivals, whether from the MINING AND QUARRYING sector, other mid companies, companies in SW1W area or any other competitors across 12 key performance metrics.
premier oil e&p uk eu limited Ownership
PREMIER OIL E&P UK EU LIMITED group structure
Premier Oil E&P Uk Eu Limited has no subsidiary companies.
Ultimate parent company
2 parents
PREMIER OIL E&P UK EU LIMITED
02907493
premier oil e&p uk eu limited directors
Premier Oil E&P Uk Eu Limited currently has 4 directors. The longest serving directors include Mr Gareth Webster (Feb 2020) and Mr Howard Landes (Apr 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gareth Webster | United Kingdom | 44 years | Feb 2020 | - | Director |
| Mr Howard Landes | England | 49 years | Apr 2021 | - | Director |
| Mr Russell Scott | England | 51 years | Dec 2024 | - | Director |
| Mr Scott Barr | England | 48 years | Dec 2024 | - | Director |
P&L
December 2023turnover
18.9m
+3%
operating profit
61.9m
-344%
gross margin
28.7%
-26.1%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
47.1m
+1.69%
total assets
231.3m
-0.06%
cash
0
0%
net assets
Total assets minus all liabilities
premier oil e&p uk eu limited company details
company number
02907493
Type
Private limited with Share Capital
industry
06100 - Extraction of crude petroleum
06200 - Extraction of natural gas
incorporation date
March 1994
age
31
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
e.on e&p uk eu limited (April 2016)
e.on ruhrgas uk eu limited (February 2012)
See moreaccountant
-
auditor
ERNST & YOUNG LLP
address
151 buckingham palace road, london, SW1W 9SZ
Bank
THE ROYAL BANK OF SCOTLAND PLC
Legal Advisor
-
premier oil e&p uk eu 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 10 charges/mortgages relating to premier oil e&p uk eu limited. Currently there are 0 open charges and 10 have been satisfied in the past.
premier oil e&p uk eu 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 PREMIER OIL E&P UK EU LIMITED. This can take several minutes, an email will notify you when this has completed.
premier oil e&p uk eu limited Companies House Filings - See Documents
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