petroplan iraq limited
petroplan iraq limited Company Information
Company Number
07485906
Next Accounts
Sep 2025
Shareholders
petroplan holdings ltd
Group Structure
View All
Industry
Engineering design activities for industrial process and production
+1Registered Address
2 grange court, wolverton mill, milton keynes, MK12 5NE
Website
www.petroplan.competroplan iraq limited Estimated Valuation
Pomanda estimates the enterprise value of PETROPLAN IRAQ LIMITED at £1.8k based on a Turnover of £7.5k and 0.24x industry multiple (adjusted for size and gross margin).
petroplan iraq limited Estimated Valuation
Pomanda estimates the enterprise value of PETROPLAN IRAQ LIMITED at £244.9k based on an EBITDA of £94k and a 2.61x industry multiple (adjusted for size and gross margin).
petroplan iraq limited Estimated Valuation
Pomanda estimates the enterprise value of PETROPLAN IRAQ LIMITED at £2m based on Net Assets of £1m and 1.95x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Petroplan Iraq Limited Overview
Petroplan Iraq Limited is a live company located in milton keynes, MK12 5NE with a Companies House number of 07485906. It operates in the other activities of employment placement agencies sector, SIC Code 78109. Founded in January 2011, it's largest shareholder is petroplan holdings ltd with a 100% stake. Petroplan Iraq Limited is a established, micro sized company, Pomanda has estimated its turnover at £7.5k with declining growth in recent years.
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Petroplan Iraq Limited Health Check
Pomanda's financial health check has awarded Petroplan Iraq Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £7.5k, make it smaller than the average company (£6.5m)
- Petroplan Iraq Limited
£6.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -87%, show it is growing at a slower rate (7.3%)
- Petroplan Iraq Limited
7.3% - Industry AVG
Production
with a gross margin of 15.3%, this company has a higher cost of product (28.3%)
- Petroplan Iraq Limited
28.3% - Industry AVG
Profitability
an operating margin of 1250% make it more profitable than the average company (4.9%)
- Petroplan Iraq Limited
4.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (38)
- Petroplan Iraq Limited
38 - Industry AVG
Pay Structure
on an average salary of £57.3k, the company has an equivalent pay structure (£57.3k)
- Petroplan Iraq Limited
£57.3k - Industry AVG
Efficiency
resulting in sales per employee of £7.5k, this is less efficient (£150.2k)
- Petroplan Iraq Limited
£150.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Petroplan Iraq Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 89 days, this is slower than average (24 days)
- Petroplan Iraq Limited
24 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Petroplan Iraq Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (14 weeks)
6 weeks - Petroplan Iraq Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 5.5%, this is a lower level of debt than the average (59%)
5.5% - Petroplan Iraq Limited
59% - Industry AVG
PETROPLAN IRAQ LIMITED financials
Petroplan Iraq Limited's latest turnover from December 2023 is estimated at £7.5 thousand and the company has net assets of £1 million. According to their latest financial statements, we estimate that Petroplan Iraq Limited has 1 employee and maintains cash reserves of £7.4 thousand 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 4,033,915 | 3,419,965 | 4,678,489 | 4,864,060 | 6,618,894 | 13,674,960 | 15,603,471 | 19,570,640 | 14,905,797 | ||||
| Other Income Or Grants | |||||||||||||
| Cost Of Sales | 2,735,794 | 3,140,806 | 3,533,478 | 3,074,108 | 1,808,130 | 12,882,996 | 13,760,362 | 17,792,914 | 12,938,158 | ||||
| Gross Profit | 1,298,121 | 279,159 | 1,145,011 | 1,789,952 | 4,810,764 | 791,964 | 1,843,109 | 1,777,726 | 1,967,639 | ||||
| Admin Expenses | 949,346 | 107,985 | 911,086 | 1,546,749 | 4,360,704 | -250,031 | 623,698 | 285,634 | 814,337 | ||||
| Operating Profit | 348,775 | 171,174 | 233,925 | 243,203 | 450,060 | 1,041,995 | 1,219,411 | 1,492,092 | 1,153,302 | ||||
| Interest Payable | 3,305 | 11,486 | 14,711 | 26,113 | 13,787 | 14,047 | 6,576 | 12,315 | 43,206 | ||||
| Interest Receivable | |||||||||||||
| Pre-Tax Profit | 345,470 | 159,688 | 219,214 | 217,090 | 436,273 | 1,027,948 | 1,212,835 | 1,479,777 | 1,110,096 | ||||
| Tax | -71,216 | -218,695 | -337,988 | 160,956 | -470,709 | -946,596 | -1,102,385 | -1,345,312 | -1,042,201 | ||||
| Profit After Tax | 274,254 | -59,007 | -118,774 | 378,046 | -34,436 | 81,352 | 110,450 | 134,465 | 67,895 | ||||
| Dividends Paid | |||||||||||||
| Retained Profit | 274,254 | -59,007 | -118,774 | 378,046 | -34,436 | 81,352 | 110,450 | 134,465 | 67,895 | ||||
| Employee Costs | |||||||||||||
| Number Of Employees | 4 | 4 | 4 | 4 | 5 | 6 | |||||||
| EBITDA* | 348,775 | 171,174 | 233,925 | 243,203 | 450,060 | 1,041,995 | 1,219,411 | 1,492,092 | 1,153,302 |
* 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||||||||
| Intangible Assets | |||||||||||||
| Investments & Other | |||||||||||||
| Debtors (Due After 1 year) | |||||||||||||
| Total Fixed Assets | |||||||||||||
| Stock & work in progress | |||||||||||||
| Trade Debtors | 3,866 | 201,461 | 136,151 | 350,372 | 253,806 | 214,347 | 679,280 | 595,256 | 939,180 | 2,513,983 | 1 | ||
| Group Debtors | 1,048,641 | 2,667,467 | 1,866,201 | 1,984,013 | 1,875,287 | 20,155,687 | 16,314,516 | 17,621,791 | 12,161,148 | 5,573,551 | |||
| Misc Debtors | 35,331 | 34,249 | 1,274,021 | 307,564 | 274,753 | 424,139 | 332,407 | 854,503 | 1,036,509 | 2,014,122 | 1,884,570 | ||
| Cash | 7,354 | 15,014 | 350,530 | 220,161 | 321,829 | 606,731 | 3,821,822 | 5,939,166 | 5,358,984 | 3,289,592 | 912,055 | ||
| misc current assets | |||||||||||||
| total current assets | 1,091,326 | 2,720,596 | 3,692,213 | 2,647,889 | 2,822,241 | 21,440,363 | 20,683,092 | 25,094,740 | 19,151,897 | 11,816,445 | 5,310,608 | 1 | |
| total assets | 1,091,326 | 2,720,596 | 3,692,213 | 2,647,889 | 2,822,241 | 21,440,363 | 20,683,092 | 25,094,740 | 19,151,897 | 11,816,445 | 5,310,608 | 1 | |
| Bank overdraft | 26,313 | 7,061 | |||||||||||
| Bank loan | |||||||||||||
| Trade Creditors | 1,571 | 19,738 | 58,927 | 32,169 | 92,620 | 647,992 | 781,659 | 190,185 | 479,406 | 474,128 | 662,577 | ||
| Group/Directors Accounts | 1,708,232 | 1,742,560 | 1,211,337 | 1,220,236 | 16,918,988 | 17,761,958 | 19,816,171 | 13,046,210 | 4,991,346 | 1,536,257 | |||
| other short term finances | |||||||||||||
| hp & lease commitments | |||||||||||||
| other current liabilities | 58,476 | 32,302 | 956,481 | 744,392 | 790,387 | 3,035,611 | 1,679,749 | 4,567,909 | 5,206,410 | 6,048,611 | 2,943,879 | ||
| total current liabilities | 60,047 | 1,760,272 | 2,757,968 | 1,987,898 | 2,103,243 | 20,602,591 | 20,223,366 | 24,600,578 | 18,739,087 | 11,514,085 | 5,142,713 | ||
| loans | |||||||||||||
| hp & lease commitments | |||||||||||||
| Accruals and Deferred Income | |||||||||||||
| other liabilities | |||||||||||||
| provisions | |||||||||||||
| total long term liabilities | |||||||||||||
| total liabilities | 60,047 | 1,760,272 | 2,757,968 | 1,987,898 | 2,103,243 | 20,602,591 | 20,223,366 | 24,600,578 | 18,739,087 | 11,514,085 | 5,142,713 | ||
| net assets | 1,031,279 | 960,324 | 934,245 | 659,991 | 718,998 | 837,772 | 459,726 | 494,162 | 412,810 | 302,360 | 167,895 | 1 | |
| total shareholders funds | 1,031,279 | 960,324 | 934,245 | 659,991 | 718,998 | 837,772 | 459,726 | 494,162 | 412,810 | 302,360 | 167,895 | 1 |
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | 348,775 | 171,174 | 233,925 | 243,203 | 450,060 | 1,041,995 | 1,219,411 | 1,492,092 | 1,153,302 | ||||
| Depreciation | |||||||||||||
| Amortisation | |||||||||||||
| Tax | -71,216 | -218,695 | -337,988 | 160,956 | -470,709 | -946,596 | -1,102,385 | -1,345,312 | -1,042,201 | ||||
| Stock | |||||||||||||
| Debtors | -1,621,610 | -636,101 | 913,955 | -72,684 | -18,333,220 | 3,972,362 | -2,294,304 | 5,362,661 | 5,266,060 | 4,128,300 | 4,398,553 | -1 | 1 |
| Creditors | -18,167 | -39,189 | 26,758 | -60,451 | -555,372 | -133,667 | 591,474 | -289,221 | 5,278 | -188,449 | 662,577 | ||
| Accruals and Deferred Income | 26,174 | -924,179 | 212,089 | -45,995 | -2,245,224 | 1,355,862 | -2,888,160 | -638,501 | -842,201 | 3,104,732 | 2,943,879 | ||
| Deferred Taxes & Provisions | |||||||||||||
| Cash flow from operations | -397,549 | -81,283 | 15,428,561 | -2,346,008 | -23,031 | -6,194,984 | -5,985,957 | -1,065,237 | -680,996 | ||||
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | |||||||||||||
| cash flow from investments | |||||||||||||
| Financing Activities | |||||||||||||
| Bank loans | |||||||||||||
| Group/Directors Accounts | -1,708,232 | -34,328 | 531,223 | -8,899 | -15,698,752 | -842,970 | -2,054,213 | 6,769,961 | 8,054,864 | 3,455,089 | 1,536,257 | ||
| Other Short Term Loans | |||||||||||||
| Long term loans | |||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||
| other long term liabilities | |||||||||||||
| share issue | |||||||||||||
| interest | -3,305 | -11,486 | -14,711 | -26,113 | -13,787 | -14,047 | -6,576 | -12,315 | -43,206 | ||||
| cash flow from financing | 527,918 | -20,385 | -15,713,463 | -869,083 | -2,068,000 | 6,755,914 | 8,048,288 | 3,442,774 | 1,593,051 | ||||
| cash and cash equivalents | |||||||||||||
| cash | -7,660 | -335,516 | 130,369 | -101,668 | -284,902 | -3,215,091 | -2,117,344 | 580,182 | 2,069,392 | 2,377,537 | 912,055 | ||
| overdraft | -26,313 | 19,252 | 7,061 | ||||||||||
| change in cash | -7,660 | -335,516 | 130,369 | -101,668 | -284,902 | -3,215,091 | -2,091,031 | 560,930 | 2,062,331 | 2,377,537 | 912,055 |
petroplan iraq limited Credit Report and Business Information
Petroplan Iraq Limited Competitor Analysis
Perform a competitor analysis for petroplan iraq limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in MK12 area or any other competitors across 12 key performance metrics.
petroplan iraq limited Ownership
PETROPLAN IRAQ LIMITED group structure
Petroplan Iraq Limited has no subsidiary companies.
petroplan iraq limited directors
Petroplan Iraq Limited currently has 3 directors. The longest serving directors include Mr Andrew Midgley (Jul 2024) and Mr Jonathan Bettell (Jul 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew Midgley | England | 52 years | Jul 2024 | - | Director |
| Mr Jonathan Bettell | United Kingdom | 57 years | Jul 2024 | - | Director |
| Mr Keiron Gallimore | England | 53 years | Jul 2024 | - | Director |
P&L
December 2023turnover
7.5k
-78%
operating profit
94k
0%
gross margin
15.3%
-2.93%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
1m
+0.07%
total assets
1.1m
-0.6%
cash
7.4k
-0.51%
net assets
Total assets minus all liabilities
Similar Companies
petroplan iraq limited company details
company number
07485906
Type
Private limited with Share Capital
industry
71121 - Engineering design activities for industrial process and production
78109 - Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
incorporation date
January 2011
age
14
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
December 2023
previous names
N/A
accountant
RPG CROUCH CHAPMAN LLP
auditor
-
address
2 grange court, wolverton mill, milton keynes, MK12 5NE
Bank
-
Legal Advisor
-
petroplan iraq 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 petroplan iraq limited. Currently there are 0 open charges and 2 have been satisfied in the past.
petroplan iraq 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 PETROPLAN IRAQ LIMITED. This can take several minutes, an email will notify you when this has completed.
petroplan iraq limited Companies House Filings - See Documents
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