Sk Petroleum Limited

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sk petroleum limited Company Information

Live

EstablishedMidHealthy

Company Number

06839420

Website

https://www.skpetroleumservices.com

Registered Address

2 ashley drive, osterley, isleworth, middlesex, TW7 5QA

Industry

Retail sale of automotive fuel in specialised stores

Telephone

Next Accounts Due

September 2025

Group Structure

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Directors

Sanjiv Kular15 Years

Shareholders

mr sanjiv kular 50%

mrs surinder kular 50%

sk petroleum limited Estimated Valuation

£10.3m

Pomanda estimates the enterprise value of SK PETROLEUM LIMITED at £10.3m based on a Turnover of £19m and 0.54x industry multiple (adjusted for size and gross margin).

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Sk Petroleum Limited is a live company located in isleworth, TW7 5QA with a Companies House number of 06839420. It operates in the retail sale of automotive fuel in specialised stores sector, SIC Code 47300. Founded in March 2009, it's largest shareholder is mr sanjiv kular with a 50% stake. Sk Petroleum Limited is a established, mid sized company, Pomanda has estimated its turnover at £19m with healthy growth in recent years.

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Pomanda's financial health check has awarded Sk Petroleum Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs

Health Rating3.5out of 5

4 Strong

3 Regular

5 Weak

Size

annual sales of £19m, make it smaller than the average company (£30m)

Growth

3 year (CAGR) sales growth of 11%, show it is growing at a similar rate (10.2%)

EXPORT

Sk Petroleum Limited's latest turnover from December 2023 is £19 million and the company has net assets of £515.2 thousand. According to their latest financial statements, Sk Petroleum Limited has 149 employees and maintains cash reserves of £1.3 million 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	19,004,199	18,500,173	16,976,035	14,066,900	13,289,651	13,464,274	12,143,672	12,535,615	12,224,957	12,697,231	11,159,651	7,199,857	7,884,599	6,367,933	0
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	15,392,263	15,003,795	13,935,765	11,465,127	10,749,521	10,908,259	9,965,100	10,247,604	10,022,694	10,371,872	7,524,985	4,823,064	7,332,518	5,898,961	0
Gross Profit	3,611,936	3,496,378	3,040,270	2,601,773	2,540,130	2,556,015	2,178,572	2,288,011	2,202,263	2,325,359	3,634,666	2,376,793	552,081	468,971	0
Admin Expenses	3,393,855	3,372,640	2,758,679	2,433,134	2,411,662	2,399,253	2,205,134	2,213,096	2,066,761	2,141,366	3,494,499	2,284,753	564,317	327,288	-35,211
Operating Profit	218,081	123,738	281,591	168,639	128,468	156,762	-26,562	74,915	135,502	183,993	140,167	92,040	-12,236	141,683	35,211
Interest Payable	0	0	0	0	308	0	0	0	0	0	0	0	0	0	0
Interest Receivable	0	0	0	0	230	0	329	0	0	0	0	0	1,514	1,245	761
Pre-Tax Profit	218,081	123,738	281,591	168,639	128,390	156,762	-26,233	74,915	135,502	183,993	140,167	92,040	-10,722	142,928	35,972
Tax	-50,977	-23,181	-55,949	-34,333	-24,073	-32,283	1,949	-17,517	-29,727	-36,639	-28,272	-20,586	0	-40,020	-10,072
Profit After Tax	167,104	100,557	225,642	134,306	104,317	124,479	-24,284	57,398	105,775	147,354	111,895	71,454	-10,722	102,908	25,900
Dividends Paid	94,000	18,000	76,000	100,000	96,000	100,000	50,000	100,000	95,000	100,000	0	100,000	0	0	0
Retained Profit	73,104	82,557	149,642	34,306	8,317	24,479	-74,284	-42,602	10,775	47,354	111,895	-28,546	-10,722	102,908	25,900
Employee Costs	3,064,802	2,906,262	2,409,104	2,184,393	2,145,846	2,141,184	1,960,704	1,941,493	1,833,040	1,852,167	1,731,932	1,131,199	299,228	245,735	0
Number Of Employees	149	149	136	130	124	126	118	115	163	161	161	16	19	16	0
EBITDA*	218,351	124,076	281,804	168,904	128,800	157,316	-25,824	75,724	136,581	185,431	143,048	100,593	-4,631	141,683	35,598

* 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	1,080	1,350	850	1,063	1,328	1,660	2,214	2,952	3,236	4,315	5,753	68,694	53,927	1,659	1,676
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments & Other	0	0	0	0	0	0	0	0	32	0	0	0	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	1,080	1,350	850	1,063	1,328	1,660	2,214	2,952	3,268	4,315	5,753	68,694	53,927	1,659	1,676
Stock & work in progress	646,729	595,556	502,409	489,119	427,233	365,669	268,386	390,918	339,905	410,893	425,329	313,093	178,100	172,700	149,100
Trade Debtors	19,456	26,302	27,155	75,743	146,997	187,758	172,985	218,028	196,544	238,768	221,595	153,426	57,004	109,185	25,942
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	0	0	10,685	13,554	59,418	54,696	52,104	38,049	10,580	82,226	101,280	159,542	0	0	0
Cash	1,250,522	1,137,609	992,348	626,021	748,811	803,128	995,853	687,495	426,908	392,335	532,797	422,524	412,051	193,607	304,297
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	1,916,707	1,759,467	1,532,597	1,204,437	1,382,459	1,411,251	1,489,328	1,334,490	973,937	1,124,222	1,281,001	1,048,585	647,155	475,492	479,339
total assets	1,917,787	1,760,817	1,533,447	1,205,500	1,383,787	1,412,911	1,491,542	1,337,442	977,205	1,128,537	1,286,754	1,117,279	701,082	477,151	481,015
Bank overdraft	0	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	0
Trade Creditors	822,567	833,551	705,912	637,080	565,348	851,589	1,032,887	787,877	484,370	536,822	796,640	735,852	582,896	348,243	418,984
Group/Directors Accounts	34,830	71,329	127,320	137,307	140,173	74,160	21,193	32,727	740	0	0	0	0	0	36,031
other short term finances	0	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	8,813	0	0	0
other current liabilities	545,207	413,858	340,532	221,233	502,692	319,905	294,684	299,776	232,431	342,698	287,991	252,899	0	0	0
total current liabilities	1,402,604	1,318,738	1,173,764	995,620	1,208,213	1,245,654	1,348,764	1,120,380	717,541	879,520	1,084,631	997,564	582,896	348,243	455,015
loans	0	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	29,487	0	0	0
Accruals and Deferred Income	0	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	0
provisions	0	0	161	0	0	0	0	0	0	125	588	588	0	0	0
total long term liabilities	0	0	161	0	0	0	0	0	0	125	588	30,075	0	0	0
total liabilities	1,402,604	1,318,738	1,173,925	995,620	1,208,213	1,245,654	1,348,764	1,120,380	717,541	879,645	1,085,219	1,027,639	582,896	348,243	455,015
net assets	515,183	442,079	359,522	209,880	175,574	167,257	142,778	217,062	259,664	248,892	201,535	89,640	118,186	128,908	26,000
total shareholders funds	515,183	442,079	359,522	209,880	175,574	167,257	142,778	217,062	259,664	248,892	201,535	89,640	118,186	128,908	26,000

	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	218,081	123,738	281,591	168,639	128,468	156,762	-26,562	74,915	135,502	183,993	140,167	92,040	-12,236	141,683	35,211
Depreciation	270	338	213	265	332	554	738	809	1,079	1,438	2,881	8,553	7,605	0	387
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	-50,977	-23,181	-55,949	-34,333	-24,073	-32,283	1,949	-17,517	-29,727	-36,639	-28,272	-20,586	0	-40,020	-10,072
Stock	51,173	93,147	13,290	61,886	61,564	97,283	-122,532	51,013	-70,988	-14,436	112,236	134,993	5,400	23,600	149,100
Debtors	-6,846	-11,538	-51,457	-117,118	-36,039	17,365	-30,988	48,953	-113,870	-1,881	9,907	255,964	-52,181	83,243	25,942
Creditors	-10,984	127,639	68,832	71,732	-286,241	-181,298	245,010	303,507	-52,452	-259,818	60,788	152,956	234,653	-70,741	418,984
Accruals and Deferred Income	131,349	73,326	119,299	-281,459	182,787	25,221	-5,092	67,345	-110,267	54,707	35,092	252,899	0	0	0
Deferred Taxes & Provisions	0	-161	161	0	0	0	0	0	-125	-463	0	588	0	0	0
Cash flow from operations	243,412	220,090	452,314	-19,924	-24,252	-145,692	369,563	329,093	128,868	-40,465	88,513	95,493	276,803	-75,921	269,468
Investing Activities
capital expenditure	0	0	0	0	0	0	0	0	0	0	60,060	-25,656	-59,873	17	-2,063
Change in Investments	0	0	0	0	0	0	0	-32	32	0	0	0	0	0	0
cash flow from investments	0	0	0	0	0	0	0	32	-32	0	60,060	-25,656	-59,873	17	-2,063
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	-36,499	-55,991	-9,987	-2,866	66,013	52,967	-11,534	31,987	740	0	0	0	0	-36,031	36,031
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0	0	0	-38,300	38,300	0	0	0
other long term liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
share issue	0	0	0	0	0	0	0	0	-3	3	0	0	0	0	100
interest	0	0	0	0	-78	0	329	0	0	0	0	0	1,514	1,245	761
cash flow from financing	-36,499	-55,991	-9,987	-2,866	65,935	52,967	-11,205	31,987	737	3	-38,300	38,300	1,514	-34,786	36,892
cash and cash equivalents
cash	112,913	145,261	366,327	-122,790	-54,317	-192,725	308,358	260,587	34,573	-140,462	110,273	10,473	218,444	-110,690	304,297
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	112,913	145,261	366,327	-122,790	-54,317	-192,725	308,358	260,587	34,573	-140,462	110,273	10,473	218,444	-110,690	304,297

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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Perform a competitor analysis for sk petroleum limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in TW7 area or any other competitors across 12 key performance metrics.

SK PETROLEUM LIMITED group structure

Sk Petroleum Limited has no subsidiary companies.

Ultimate parent company

SK PETROLEUM LIMITED

06839420

SK PETROLEUM LIMITED Shareholders

mr sanjiv kular	50%
mrs surinder kular	50%

Sk Petroleum Limited currently has 1 director, Mr Sanjiv Kular serving since Mar 2009.

officer	country	age	start	end	role
Mr Sanjiv Kular	England	57 years	Mar 2009	-	Director

P&L

December 2023

turnover

19m

+3%

operating profit

218.1k

+76%

gross margin

19.1%

+0.57%

turnover

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

Balance Sheet

December 2023

net assets

515.2k

+0.17%

total assets

1.9m

+0.09%

cash

1.3m

+0.1%

net assets

Total assets minus all liabilities

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company number

06839420

Type

Private limited with Share Capital

industry

47300 - Retail sale of automotive fuel in specialised stores

incorporation date

March 2009

ultimate parent company

None

previous names

N/A

address

2 ashley drive, osterley, isleworth, middlesex, TW7 5QA

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 2 charges/mortgages relating to sk petroleum limited. Currently there are 1 open charges and 1 have been satisfied in the past.

sk petroleum limited Company Information

sk petroleum limited Estimated Valuation

sk petroleum limited Estimated Valuation

sk petroleum limited Estimated Valuation

Sk Petroleum Limited Overview

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SK PETROLEUM LIMITED financials

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