Retail sale of automotive fuel in specialised stores
Registered Address
1 pavilion square, westhoughton, bolton, BL5 3AJ
Website
-
sital petroleum ltdEstimated Valuation
£4.1m
Pomanda estimates the enterprise value of SITAL PETROLEUM LTD at £4.1m based on a Turnover of £10.5m and 0.39x industry multiple (adjusted for size and gross margin).
sital petroleum ltdEstimated Valuation
£321.5k
Pomanda estimates the enterprise value of SITAL PETROLEUM LTD at £321.5k based on an EBITDA of £72.6k and a 4.43x industry multiple (adjusted for size and gross margin).
sital petroleum ltdEstimated Valuation
£433.7k
Pomanda estimates the enterprise value of SITAL PETROLEUM LTD at £433.7k based on Net Assets of £221k and 1.96x industry multiple (adjusted for liquidity).
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Sital Petroleum LtdOverview
Sital Petroleum Ltd is a live company located in bolton, BL5 3AJ with a Companies House number of 07829856. It operates in the retail sale of automotive fuel in specialised stores sector, SIC Code 47300. Founded in November 2011, it's largest shareholder is
mr kanwarpreet singh
with a 100% stake. Sital Petroleum Ltd is a established,
mid sized company, Pomanda has estimated its turnover at
£10.5m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Sital Petroleum Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating2.5out of 5
2 Strong
4 Regular
5 Weak
Size
annual sales of £10.5m, make it smaller than the average company (£25.5m)
£10.5m - Sital Petroleum Ltd
£25.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (10%)
13% - Sital Petroleum Ltd
10% - Industry AVG
Production
with a gross margin of 12.4%, this company has a comparable cost of product (12.4%)
12.4% - Sital Petroleum Ltd
12.4% - Industry AVG
Profitability
an operating margin of 0.3% make it less profitable than the average company (3.9%)
0.3% - Sital Petroleum Ltd
3.9% - Industry AVG
Employees
with 45 employees, this is below the industry average (58)
45 - Sital Petroleum Ltd
58 - Industry AVG
Pay Structure
on an average salary of £18.3k, the company has an equivalent pay structure (£18.3k)
£18.3k - Sital Petroleum Ltd
£18.3k - Industry AVG
Efficiency
resulting in sales per employee of £233.4k, this is less efficient (£415.7k)
£233.4k - Sital Petroleum Ltd
£415.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Sital Petroleum Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 20 days, this is close to average (20 days)
20 days - Sital Petroleum Ltd
20 days - Industry AVG
Stock Days
it holds stock equivalent to 6 days, this is less than average (8 days)
6 days - Sital Petroleum Ltd
8 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 31 weeks, this is average cash available to meet short term requirements (26 weeks)
31 weeks - Sital Petroleum Ltd
26 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 82.3%, this is a higher level of debt than the average (50.9%)
82.3% - Sital Petroleum Ltd
50.9% - Industry AVG
SITAL PETROLEUM LTD financials
EXPORT
Sital Petroleum Ltd's latest turnover from November 2023 is estimated at £10.5 million and the company has net assets of £221 thousand. According to their latest financial statements, Sital Petroleum Ltd has 45 employees and maintains cash reserves of £403.2 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Nov 2023
Nov 2022
Nov 2021
Nov 2020
Nov 2019
Nov 2018
Nov 2017
Nov 2016
Nov 2015
Nov 2014
Nov 2013
Nov 2012
Turnover
10,504,084
8,722,386
5,589,663
7,291,938
6,396,236
6,511,601
3,202,277
2,940,288
4,875,961
8,462,208
9,239,127
6,264,035
Other Income Or Grants
Cost Of Sales
9,204,648
7,725,309
4,850,521
6,476,965
5,784,979
5,921,515
2,916,775
2,671,531
4,513,547
7,904,518
8,642,519
5,866,952
Gross Profit
1,299,436
997,077
739,141
814,973
611,257
590,085
285,502
268,756
362,414
557,691
596,608
397,083
Admin Expenses
1,269,439
1,012,414
725,528
817,171
532,713
575,911
244,068
240,502
360,852
517,792
573,254
394,285
Operating Profit
29,997
-15,337
13,613
-2,198
78,544
14,174
41,434
28,254
1,562
39,899
23,354
2,798
Interest Payable
3,673
2,456
2,093
5,101
7,351
4,559
Interest Receivable
21,310
12,027
379
245
1,605
3,008
2,396
1,101
2,377
2,598
2,215
939
Pre-Tax Profit
47,635
-5,766
13,991
-1,953
80,149
15,089
38,728
22,004
-620
42,496
25,569
3,737
Tax
-11,909
-2,658
-15,228
-2,867
-7,358
-4,401
-8,924
-5,881
-897
Profit After Tax
35,726
-5,766
11,333
-1,953
64,921
12,222
31,370
17,603
-620
33,572
19,688
2,840
Dividends Paid
Retained Profit
35,726
-5,766
11,333
-1,953
64,921
12,222
31,370
17,603
-620
33,572
19,688
2,840
Employee Costs
825,643
751,553
671,494
609,645
643,344
617,793
120,886
110,416
403,638
281,745
299,684
200,639
Number Of Employees
45
45
41
41
43
40
8
8
27
20
21
14
EBITDA*
72,580
27,517
16,331
3,214
83,295
16,574
46,666
33,409
6,756
46,365
23,714
2,798
* Earnings Before Interest, Tax, Depreciation and Amortisation
Nov 2023
Nov 2022
Nov 2021
Nov 2020
Nov 2019
Nov 2018
Nov 2017
Nov 2016
Nov 2015
Nov 2014
Nov 2013
Nov 2012
Tangible Assets
170,331
171,417
10,873
13,591
19,003
9,601
12,001
15,480
7,672
21,496
1,440
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
170,331
171,417
10,873
13,591
19,003
9,601
12,001
15,480
7,672
21,496
1,440
Stock & work in progress
163,705
166,714
130,773
164,428
106,921
83,204
80,001
56,459
50,922
119,428
169,689
147,942
Trade Debtors
90,881
84,550
212
Group Debtors
446,237
552,108
242,868
334,275
556,046
551,550
44,490
Misc Debtors
65,182
3,691
26,456
384,919
27,741
21,562
33,471
80,636
40,513
Cash
403,238
408,584
393,243
364,188
125,674
302,452
499,629
458,830
422,235
528,516
510,520
375,521
misc current assets
total current assets
1,078,362
1,131,097
793,340
1,247,810
816,382
958,768
657,591
595,925
513,670
738,825
764,759
523,675
total assets
1,248,693
1,302,514
804,213
1,261,401
835,385
968,369
669,592
611,405
521,342
760,321
766,199
523,675
Bank overdraft
140,276
Bank loan
10,712
54,583
62,000
94,962
Trade Creditors
522,245
384,334
135,000
204,941
103,743
228,224
243,194
228,628
126,323
704,220
743,670
520,834
Group/Directors Accounts
other short term finances
hp & lease commitments
20,850
20,850
other current liabilities
106,136
225,619
123,055
649,135
546,335
621,450
257,664
211,600
199,262
total current liabilities
659,943
685,386
258,055
854,076
650,078
849,674
562,858
535,190
465,861
704,220
743,670
520,834
loans
hp & lease commitments
53,736
76,736
Accruals and Deferred Income
other liabilities
291,018
352,500
352,500
225,000
provisions
22,960
2,582
2,582
2,582
3,611
2,019
2,280
3,131
total long term liabilities
367,714
431,818
355,082
227,582
3,611
2,019
2,280
3,131
total liabilities
1,027,657
1,117,204
613,137
1,081,658
653,689
851,693
565,138
538,321
465,861
704,220
743,670
520,834
net assets
221,036
185,310
191,076
179,743
181,696
116,676
104,454
73,084
55,481
56,101
22,529
2,841
total shareholders funds
221,036
185,310
191,076
179,743
181,696
116,676
104,454
73,084
55,481
56,101
22,529
2,841
Nov 2023
Nov 2022
Nov 2021
Nov 2020
Nov 2019
Nov 2018
Nov 2017
Nov 2016
Nov 2015
Nov 2014
Nov 2013
Nov 2012
Operating Activities
Operating Profit
29,997
-15,337
13,613
-2,198
78,544
14,174
41,434
28,254
1,562
39,899
23,354
2,798
Depreciation
42,583
42,854
2,718
5,412
4,751
2,400
5,232
5,155
5,194
6,466
360
Amortisation
Tax
-11,909
-2,658
-15,228
-2,867
-7,358
-4,401
-8,924
-5,881
-897
Stock
-3,009
35,941
-33,655
57,507
23,717
3,203
23,542
5,537
-68,506
-50,261
21,747
147,942
Debtors
-44,380
286,475
-449,870
135,407
10,675
495,151
-2,675
40,123
-50,368
6,331
84,338
212
Creditors
137,911
249,334
-69,941
101,198
-124,481
-14,970
14,566
102,305
-577,897
-39,450
222,836
520,834
Accruals and Deferred Income
-119,483
102,564
-526,080
102,800
-75,115
363,786
46,064
12,338
199,262
Deferred Taxes & Provisions
20,378
-1,029
1,592
-261
-851
3,131
Cash flow from operations
146,866
56,999
-98,823
13,269
-164,329
-136,092
78,220
101,122
-253,005
41,921
134,584
374,581
Investing Activities
capital expenditure
-41,497
-203,398
-14,153
-1,753
-12,963
8,630
-26,522
-1,800
Change in Investments
cash flow from investments
-41,497
-203,398
-14,153
-1,753
-12,963
8,630
-26,522
-1,800
Financing Activities
Bank loans
-43,871
54,583
-62,000
-32,962
94,962
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
-23,000
97,586
other long term liabilities
-61,482
127,500
225,000
share issue
99
1
interest
17,637
9,571
379
245
1,605
915
-2,705
-6,250
-2,182
2,598
2,215
939
cash flow from financing
-110,716
161,740
127,879
225,245
1,704
-61,085
-35,667
88,712
-2,182
2,598
2,215
940
cash and cash equivalents
cash
-5,346
15,341
29,055
238,514
-176,778
-197,177
40,799
36,595
-106,281
17,996
134,999
375,521
overdraft
-140,276
140,276
change in cash
-5,346
15,341
29,055
238,514
-176,778
-197,177
40,799
176,871
-246,557
17,996
134,999
375,521
sital petroleum ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for sital petroleum ltd. Get real-time insights into sital petroleum ltd's credit score, group structure and payment trends.
Perform a competitor analysis for sital petroleum ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in BL5 area or any other competitors across 12 key performance metrics.
sital petroleum ltd Ownership
SITAL PETROLEUM LTD group structure
Sital Petroleum Ltd has no subsidiary companies.
Ultimate parent company
SITAL PETROLEUM LTD
07829856
SITAL PETROLEUM LTD Shareholders
The sole shareholder of Sital Petroleum Ltd is Mr Kanwarpreet Singh.
mr kanwarpreet singh
100%
sital petroleum ltd directors
Sital Petroleum Ltd currently has 1 director, Mr Kanwarpreet Singh serving since Jan 2017.
47300 - Retail sale of automotive fuel in specialised stores
incorporation date
November 2011
age
14
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
November 2023
previous names
N/A
accountant
EK WILLIAMS ACCOUNTANTS LTD
auditor
-
address
1 pavilion square, westhoughton, bolton, BL5 3AJ
Bank
-
Legal Advisor
-
sital petroleum ltd 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 sital petroleum ltd. Currently there are 2 open charges and 0 have been satisfied in the past.
sital petroleum ltd 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 SITAL PETROLEUM LTD. This can take several minutes, an email will notify you when this has completed.
sital petroleum ltdCompanies House Filings - See Documents
