sk petroleum limited Company Information
Company Number
06839420
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
View All
Directors
Sanjiv Kular15 Years
Shareholders
mr sanjiv kular 50%
mrs surinder kular 50%
sk petroleum limited Estimated Valuation
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).
sk petroleum limited Estimated Valuation
Pomanda estimates the enterprise value of SK PETROLEUM LIMITED at £1.3m based on an EBITDA of £218.4k and a 6.09x industry multiple (adjusted for size and gross margin).
sk petroleum limited Estimated Valuation
Pomanda estimates the enterprise value of SK PETROLEUM LIMITED at £1.6m based on Net Assets of £515.2k and 3.04x industry multiple (adjusted for liquidity).
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Sk Petroleum Limited Overview
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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Sk Petroleum Limited Health Check
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
4 Strong
3 Regular
5 Weak
Size
annual sales of £19m, make it smaller than the average company (£30m)
£19m - Sk Petroleum Limited
£30m - Industry AVG
Growth
3 year (CAGR) sales growth of 11%, show it is growing at a similar rate (10.2%)
11% - Sk Petroleum Limited
10.2% - Industry AVG
Production
with a gross margin of 19%, this company has a lower cost of product (12.5%)
19% - Sk Petroleum Limited
12.5% - Industry AVG
Profitability
an operating margin of 1.2% make it less profitable than the average company (4%)
1.2% - Sk Petroleum Limited
4% - Industry AVG
Employees
with 149 employees, this is above the industry average (69)
149 - Sk Petroleum Limited
69 - Industry AVG
Pay Structure
on an average salary of £20.6k, the company has an equivalent pay structure (£18.5k)
£20.6k - Sk Petroleum Limited
£18.5k - Industry AVG
Efficiency
resulting in sales per employee of £127.5k, this is less efficient (£438k)
£127.5k - Sk Petroleum Limited
£438k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (4 days)
0 days - Sk Petroleum Limited
4 days - Industry AVG
Creditor Days
its suppliers are paid after 19 days, this is close to average (20 days)
19 days - Sk Petroleum Limited
20 days - Industry AVG
Stock Days
it holds stock equivalent to 15 days, this is more than average (7 days)
15 days - Sk Petroleum Limited
7 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 46 weeks, this is more cash available to meet short term requirements (22 weeks)
46 weeks - Sk Petroleum Limited
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 73.1%, this is a higher level of debt than the average (50.3%)
73.1% - Sk Petroleum Limited
50.3% - Industry AVG
SK PETROLEUM LIMITED financials
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 | |||
Other Income Or Grants | 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 | |||
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 | |||
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 | |||
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 | |||
Interest Payable | 0 | 0 | 0 | 0 | 308 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
Interest Receivable | 0 | 0 | 0 | 0 | 230 | 0 | 329 | 0 | 0 | 0 | 0 | 0 | |||
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 | |||
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 | |||
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 | |||
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 | |||
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 | |||
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 | |||
Number Of Employees | 149 | 149 | 136 | 130 | 124 | 126 | 118 | 115 | 163 | 161 | 161 | ||||
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 |
* 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 | |||
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 | |||
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 | |||
Investing Activities | |||||||||||||||
capital expenditure | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 60,060 | -25,656 | |||
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 | |||
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 | |||||||||||||||
interest | 0 | 0 | 0 | 0 | -78 | 0 | 329 | 0 | 0 | 0 | 0 | 0 | |||
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 | |||
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 |
sk petroleum limited Credit Report and Business Information
Sk Petroleum Limited Competitor Analysis
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 Ownership
SK PETROLEUM LIMITED group structure
Sk Petroleum Limited has no subsidiary companies.
Ultimate parent company
SK PETROLEUM LIMITED
06839420
sk petroleum limited directors
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 2023turnover
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 2023net assets
515.2k
+0.17%
total assets
1.9m
+0.09%
cash
1.3m
+0.1%
net assets
Total assets minus all liabilities
sk petroleum limited company details
company number
06839420
Type
Private limited with Share Capital
industry
47300 - Retail sale of automotive fuel in specialised stores
incorporation date
March 2009
age
15
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
EKWILLIAMS ACCOUNTANTS LIMITED
address
2 ashley drive, osterley, isleworth, middlesex, TW7 5QA
Bank
-
Legal Advisor
-
sk petroleum 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 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 Companies House Filings - See Documents
date | description | view/download |
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