oilfield tool leasing
oilfield tool leasing Company Information
Company Number
06370222
Next Accounts
537 days late
Shareholders
bj services international s.a r.l.
Group Structure
View All
Industry
Support activities for petroleum and natural gas extraction
Registered Address
10th floor,, 245 hammersmith road, london, W6 8PW
Website
-oilfield tool leasing Estimated Valuation
Pomanda estimates the enterprise value of OILFIELD TOOL LEASING at £0 based on a Turnover of £0 and 0.71x industry multiple (adjusted for size and gross margin).
oilfield tool leasing Estimated Valuation
Pomanda estimates the enterprise value of OILFIELD TOOL LEASING at £0 based on an EBITDA of £-237k and a 2.34x industry multiple (adjusted for size and gross margin).
oilfield tool leasing Estimated Valuation
Pomanda estimates the enterprise value of OILFIELD TOOL LEASING at £66.5m based on Net Assets of £47.7m and 1.4x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Oilfield Tool Leasing Overview
Oilfield Tool Leasing is a live company located in london, W6 8PW with a Companies House number of 06370222. It operates in the support activities for petroleum and natural gas mining sector, SIC Code 09100. Founded in September 2007, it's largest shareholder is bj services international s.a r.l. with a 100% stake. Oilfield Tool Leasing is a established, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.
Upgrade for unlimited company reports & a free credit check
Oilfield Tool Leasing Health Check
Pomanda's financial health check has awarded Oilfield Tool Leasing a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 1 areas for improvement. Company Health Check FAQs
1 Strong
0 Regular
1 Weak
Size
There is insufficient data available for this Key Performance Indicator!
- - Oilfield Tool Leasing
- - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Oilfield Tool Leasing
- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
- - Oilfield Tool Leasing
- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - Oilfield Tool Leasing
- - Industry AVG
Employees
with 1 employees, this is below the industry average (41)
- Oilfield Tool Leasing
- - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Oilfield Tool Leasing
- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
- Oilfield Tool Leasing
- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Oilfield Tool Leasing
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Oilfield Tool Leasing
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Oilfield Tool Leasing
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Oilfield Tool Leasing
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 0.5%, this is a lower level of debt than the average (62.8%)
- - Oilfield Tool Leasing
- - Industry AVG
OILFIELD TOOL LEASING financials
Oilfield Tool Leasing's latest turnover from December 2021 is 0 and the company has net assets of £47.7 million. According to their latest financial statements, we estimate that Oilfield Tool Leasing has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | 520,907,391 | 452,207,602 | 409,022,904 | ||||||||||
| Other Income Or Grants | |||||||||||||
| Cost Of Sales | 322,448,730 | 257,719,907 | 244,726,486 | ||||||||||
| Gross Profit | 198,458,661 | 194,487,695 | 164,296,418 | ||||||||||
| Admin Expenses | -29,010 | 4,993,551 | 2,245,980 | 6,270,102 | |||||||||
| Operating Profit | -237,049 | 29,010 | 193,465,110 | 192,241,715 | 158,026,316 | ||||||||
| Interest Payable | 38,820,457 | 33,930,921 | 35,631,092 | ||||||||||
| Interest Receivable | 9,117 | 74,595 | 14,188 | 41,423 | 1,218 | ||||||||
| Pre-Tax Profit | -236,220 | 57,190 | 154,658,842 | 158,352,217 | 122,396,442 | ||||||||
| Tax | 244,509 | -50,559 | -39,489,875 | -43,542,276 | -38,210,892 | ||||||||
| Profit After Tax | 8,288 | 6,631 | 115,168,967 | 114,809,942 | 84,185,551 | ||||||||
| Dividends Paid | |||||||||||||
| Retained Profit | 8,288 | 6,631 | 115,168,967 | 114,809,942 | 84,185,551 | ||||||||
| Employee Costs | 430,156 | 399,610 | 370,980 | ||||||||||
| Number Of Employees | 6 | 6 | 6 | ||||||||||
| EBITDA* | -237,049 | 29,010 | 366,434,928 | 340,260,721 | 293,498,416 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| 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 | 497,978,846 | 466,675,804 | 480,926,535 | ||||||||||
| Intangible Assets | |||||||||||||
| Investments & Other | 1 | 1 | |||||||||||
| Debtors (Due After 1 year) | 17,731,200 | 10,023,148 | 4,833,089 | ||||||||||
| Total Fixed Assets | 515,710,048 | 476,698,952 | 485,759,625 | ||||||||||
| Stock & work in progress | 1,178,254 | 625,609 | 467,227 | ||||||||||
| Trade Debtors | |||||||||||||
| Group Debtors | 47,941,152 | 47,905,511 | 497,399,716 | 318,109,770 | 123,820,662 | ||||||||
| Misc Debtors | 1,657 | 29,665 | 29,239 | 151,072 | |||||||||
| Cash | 114,149 | 303,972 | 282,651 | ||||||||||
| misc current assets | |||||||||||||
| total current assets | 47,942,810 | 47,905,512 | 498,721,785 | 319,068,592 | 124,721,613 | ||||||||
| total assets | 47,942,810 | 47,905,512 | 1,014,431,833 | 795,767,544 | 610,481,238 | ||||||||
| Bank overdraft | |||||||||||||
| Bank loan | |||||||||||||
| Trade Creditors | |||||||||||||
| Group/Directors Accounts | 205,553 | 208,869 | 199,279,634 | 123,977,217 | 50,099,903 | ||||||||
| other short term finances | |||||||||||||
| hp & lease commitments | |||||||||||||
| other current liabilities | 38,955 | 6,630 | 9,122,920 | 19,245,248 | 22,660,209 | ||||||||
| total current liabilities | 244,509 | 215,499 | 208,402,554 | 143,222,466 | 72,760,112 | ||||||||
| loans | 433,192,312 | 409,178,849 | 409,178,849 | ||||||||||
| hp & lease commitments | |||||||||||||
| Accruals and Deferred Income | |||||||||||||
| other liabilities | |||||||||||||
| provisions | |||||||||||||
| total long term liabilities | 433,192,313 | 409,178,850 | 409,178,850 | ||||||||||
| total liabilities | 244,509 | 215,499 | 641,594,867 | 552,401,316 | 481,938,962 | ||||||||
| net assets | 47,698,301 | 47,690,012 | 372,836,966 | 243,366,228 | 128,542,276 | ||||||||
| total shareholders funds | 47,698,301 | 47,690,012 | 372,836,966 | 243,366,228 | 128,542,276 |
| 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 | -237,049 | 29,010 | 193,465,110 | 192,241,715 | 158,026,316 | ||||||||
| Depreciation | 172,969,818 | 148,019,006 | 135,472,100 | ||||||||||
| Amortisation | |||||||||||||
| Tax | 244,509 | -50,559 | -39,489,875 | -43,542,276 | -38,210,892 | ||||||||
| Stock | -1,178,254 | 552,644 | 158,382 | 467,227 | |||||||||
| Debtors | 37,298 | 47,905,511 | -515,160,582 | 186,998,424 | 199,357,335 | 128,804,823 | |||||||
| Creditors | |||||||||||||
| Accruals and Deferred Income | 32,325 | 6,630 | -9,122,920 | -10,122,328 | -3,414,961 | 22,660,209 | |||||||
| Deferred Taxes & Provisions | |||||||||||||
| Cash flow from operations | 2,487 | -47,920,430 | 129,271,657 | 93,787,767 | 148,675,683 | ||||||||
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | -1 | 1 | -1 | 1 | |||||||||
| cash flow from investments | |||||||||||||
| Financing Activities | |||||||||||||
| Bank loans | |||||||||||||
| Group/Directors Accounts | -3,315 | 208,869 | -199,279,634 | 75,302,416 | 73,877,315 | 50,099,903 | |||||||
| Other Short Term Loans | |||||||||||||
| Long term loans | -433,192,312 | 24,013,463 | 409,178,849 | ||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||
| other long term liabilities | |||||||||||||
| share issue | |||||||||||||
| interest | 9,117 | 74,595 | -38,806,269 | -33,889,498 | -35,629,874 | ||||||||
| cash flow from financing | 5,802 | 47,966,845 | 74,811,381 | 40,001,827 | 468,005,603 | ||||||||
| cash and cash equivalents | |||||||||||||
| cash | -114,149 | -189,822 | 21,321 | 282,651 | |||||||||
| overdraft | |||||||||||||
| change in cash | -114,149 | -189,822 | 21,321 | 282,651 |
oilfield tool leasing Credit Report and Business Information
Oilfield Tool Leasing Competitor Analysis
Perform a competitor analysis for oilfield tool leasing by selecting its closest rivals, whether from the MINING AND QUARRYING sector, other established companies, companies in W 6 area or any other competitors across 12 key performance metrics.
oilfield tool leasing Ownership
OILFIELD TOOL LEASING group structure
Oilfield Tool Leasing has no subsidiary companies.
Ultimate parent company
GENERAL ELECTRIC COMPANY
#0001064
BJ SERVICES INTERNATIONAL SARL
#0041080
2 parents
OILFIELD TOOL LEASING
06370222
oilfield tool leasing directors
Oilfield Tool Leasing currently has 2 directors. The longest serving directors include Mr Steven Moore (Sep 2022) and Ms Valentina Baldini (Sep 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Steven Moore | Scotland | 54 years | Sep 2022 | - | Director |
| Ms Valentina Baldini | England | 46 years | Sep 2022 | - | Director |
P&L
December 2021turnover
0
0%
operating profit
-237k
-917%
gross margin
0%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2021net assets
47.7m
0%
total assets
47.9m
0%
cash
0
0%
net assets
Total assets minus all liabilities
oilfield tool leasing company details
company number
06370222
Type
Private unlimited with Share Capital
industry
09100 - Support activities for petroleum and natural gas extraction
incorporation date
September 2007
age
18
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2021
previous names
N/A
accountant
-
auditor
KPMG LLP
address
10th floor,, 245 hammersmith road, london, W6 8PW
Bank
J P MORGAN CHASE BANK
Legal Advisor
-
oilfield tool leasing 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 oilfield tool leasing.
oilfield tool leasing 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 OILFIELD TOOL LEASING. This can take several minutes, an email will notify you when this has completed.
oilfield tool leasing Companies House Filings - See Documents
| date | description | view/download |
|---|
