oil spill response (capping) limited
oil spill response (capping) limited Company Information
Company Number
07968910
Next Accounts
Sep 2025
Industry
Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
Shareholders
oil spill response ltd
Group Structure
View All
Contact
Registered Address
oil spill response limited, lower william street, southampton, SO14 5QE
Website
www.oilspillresponse.comoil spill response (capping) limited Estimated Valuation
Pomanda estimates the enterprise value of OIL SPILL RESPONSE (CAPPING) LIMITED at £41.5m based on a Turnover of £43.6m and 0.95x industry multiple (adjusted for size and gross margin).
oil spill response (capping) limited Estimated Valuation
Pomanda estimates the enterprise value of OIL SPILL RESPONSE (CAPPING) LIMITED at £155.8m based on an EBITDA of £22.2m and a 7.01x industry multiple (adjusted for size and gross margin).
oil spill response (capping) limited Estimated Valuation
Pomanda estimates the enterprise value of OIL SPILL RESPONSE (CAPPING) LIMITED at £0 based on Net Assets of £0 and 2.2x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Oil Spill Response (capping) Limited Overview
Oil Spill Response (capping) Limited is a live company located in southampton, SO14 5QE with a Companies House number of 07968910. It operates in the other professional, scientific and technical activities n.e.c. sector, SIC Code 74909. Founded in February 2012, it's largest shareholder is oil spill response ltd with a 100% stake. Oil Spill Response (capping) Limited is a established, large sized company, Pomanda has estimated its turnover at £43.6m with declining growth in recent years.
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Oil Spill Response (capping) Limited Health Check
Pomanda's financial health check has awarded Oil Spill Response (Capping) Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
7 Weak
Size
annual sales of £43.6m, make it larger than the average company (£2.9m)
£43.6m - Oil Spill Response (capping) Limited
£2.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -21%, show it is growing at a slower rate (7%)
-21% - Oil Spill Response (capping) Limited
7% - Industry AVG
Production
with a gross margin of 24%, this company has a higher cost of product (45%)
24% - Oil Spill Response (capping) Limited
45% - Industry AVG
Profitability
an operating margin of 13.3% make it more profitable than the average company (5.7%)
13.3% - Oil Spill Response (capping) Limited
5.7% - Industry AVG
Employees
with 19 employees, this is similar to the industry average (23)
19 - Oil Spill Response (capping) Limited
23 - Industry AVG
Pay Structure
on an average salary of £114.1k, the company has a higher pay structure (£53k)
£114.1k - Oil Spill Response (capping) Limited
£53k - Industry AVG
Efficiency
resulting in sales per employee of £2.3m, this is more efficient (£124.5k)
£2.3m - Oil Spill Response (capping) Limited
£124.5k - Industry AVG
Debtor Days
it gets paid by customers after 477 days, this is later than average (56 days)
477 days - Oil Spill Response (capping) Limited
56 days - Industry AVG
Creditor Days
its suppliers are paid after 15 days, this is quicker than average (31 days)
15 days - Oil Spill Response (capping) Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Oil Spill Response (capping) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 7 weeks, this is less cash available to meet short term requirements (25 weeks)
7 weeks - Oil Spill Response (capping) Limited
25 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 100%, this is a higher level of debt than the average (53%)
100% - Oil Spill Response (capping) Limited
53% - Industry AVG
OIL SPILL RESPONSE (CAPPING) LIMITED financials
Oil Spill Response (Capping) Limited's latest turnover from December 2023 is £43.6 million and the company has net assets of 0. According to their latest financial statements, Oil Spill Response (Capping) Limited has 19 employees and maintains cash reserves of £17.6 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 43,643,827 | 70,738,894 | 80,323,807 | 89,692,908 | 84,919,677 | 92,232,251 | 69,008,664 | 63,869,509 | 78,261,679 | 39,248,034 | 8,994,520 | 0 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 33,151,231 | 64,064,298 | 71,350,645 | 74,408,157 | 68,282,329 | 74,675,364 | 55,435,866 | 46,676,378 | 64,602,670 | 31,267,272 | 0 | 0 |
| Gross Profit | 10,492,596 | 6,674,595 | 8,973,161 | 15,284,751 | 16,637,348 | 17,556,887 | 13,572,798 | 17,193,130 | 13,659,010 | 7,980,762 | 8,994,520 | 0 |
| Admin Expenses | 4,675,823 | 4,368,142 | 4,287,863 | 4,448,777 | 3,680,308 | 3,313,107 | 2,658,131 | 3,192,517 | 2,840,292 | 3,332,316 | 8,646,596 | 7,000 |
| Operating Profit | 5,816,773 | 2,306,453 | 4,685,298 | 10,835,974 | 12,957,040 | 14,243,780 | 10,914,667 | 14,000,613 | 10,818,718 | 4,648,446 | 347,924 | -7,000 |
| Interest Payable | 3,567,099 | 3,026,932 | 4,599,002 | 9,344,382 | 13,108,236 | 13,962,379 | 11,840,067 | 12,136,012 | 0 | 0 | 0 | |
| Interest Receivable | 1,325,097 | 213,304 | 59,377 | 77,991 | 612,778 | 659,890 | 479,184 | 260,676 | 176,936 | 164,898 | 60,738 | 20,000 |
| Pre-Tax Profit | 3,574,772 | -507,174 | 145,673 | 1,569,583 | 461,583 | 941,292 | -446,216 | 2,125,278 | 1,136,117 | 359,569 | 408,662 | 13,000 |
| Tax | -3,876,314 | 463,439 | 76,003 | -918,027 | -355,455 | -597,694 | 489,918 | -2,360,653 | -582,803 | -212,993 | -181,554 | -3,000 |
| Profit After Tax | -301,542 | -43,735 | 221,677 | 651,556 | 106,128 | 343,598 | 43,702 | -235,375 | 553,314 | 146,576 | 227,108 | 10,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -301,542 | -43,735 | 221,677 | 651,556 | 106,128 | 343,598 | 43,702 | -235,375 | 553,314 | 146,576 | 227,108 | 10,000 |
| Employee Costs | 2,168,342 | 2,148,393 | 2,282,480 | 1,501,340 | 2,530,348 | 2,902,761 | 2,889,673 | 2,476,424 | 2,563,247 | 2,231,468 | 1,414,802 | |
| Number Of Employees | 19 | 19 | 19 | 17 | 29 | 36 | 36 | 36 | 31 | 31 | 30 | |
| EBITDA* | 22,227,422 | 49,627,868 | 57,156,203 | 64,651,068 | 61,671,148 | 65,573,422 | 35,233,459 | 37,844,054 | 31,514,046 | 17,268,494 | 363,768 | -7,000 |
* 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 39,196,654 | 44,935,164 | 74,376,533 | 109,542,611 | 130,447,045 | 168,871,359 | 201,226,711 | 203,310,588 | 208,062,238 | 185,134,743 | 402,720 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 1 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 1 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 10,649,888 | 20,065,711 | 40,332,277 | 53,588,718 | 76,341,777 | 100,394,081 | 100,683,125 | 107,179,885 | 101,077,944 | 0 | 0 |
| Total Fixed Assets | 39,196,655 | 55,585,053 | 94,442,245 | 149,874,888 | 184,035,764 | 245,213,137 | 301,620,793 | 303,993,713 | 315,242,123 | 286,212,688 | 402,720 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 57,105,041 | 50,051,408 | 90,061,753 | 76,703,225 | 1,454 | 55,631,068 | 70,512,919 | 35,797,746 | 27,351,389 | 35,797,389 | 1,624,744 | 28,345,000 |
| Group Debtors | 302,309 | 680,580 | 326,973 | 1,164,188 | 36,313,876 | 47,638,046 | 0 | 0 | 0 | 0 | 20,466 | 255,000 |
| Misc Debtors | 13,031,535 | 14,473,260 | 22,877,048 | 22,556,665 | 20,102,493 | 38,229,672 | 26,924,787 | 14,894,579 | 14,765,637 | 11,803,954 | 1,227,965 | 2,000 |
| Cash | 17,595,335 | 17,509,399 | 27,852,902 | 21,574,458 | 23,879,480 | 16,218,143 | 25,816,147 | 42,129,111 | 41,918,361 | 87,738,759 | 74,138,773 | 29,341,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 88,034,221 | 82,714,647 | 141,118,676 | 121,998,538 | 80,297,303 | 157,716,930 | 123,253,853 | 92,821,437 | 84,035,387 | 135,340,102 | 77,011,950 | 57,943,000 |
| total assets | 127,230,875 | 138,299,701 | 235,560,922 | 271,873,426 | 264,333,067 | 402,930,067 | 424,874,645 | 396,815,150 | 399,277,510 | 421,552,790 | 77,414,670 | 57,943,000 |
| Bank overdraft | 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 |
| Trade Creditors | 1,426,379 | 1,246,835 | 868,498 | 1,302,299 | 3,875,118 | 1,226,487 | 1,330,215 | 1,313,348 | 1,547,416 | 2,904,038 | 324,157 | 8,284,000 |
| Group/Directors Accounts | 501,803 | 243,229 | 323,807 | 0 | 36,184,488 | 47,813,258 | 1,428,352 | 1,019,704 | 2,460,810 | 2,519,276 | 709,051 | 0 |
| other short term finances | 28,621,192 | 27,334,458 | 66,172,116 | 66,836,461 | 63,437,522 | 66,919,751 | 68,395,307 | 52,740,167 | 45,516,839 | 49,692,342 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 88,816,849 | 76,507,327 | 108,372,258 | 100,311,154 | 15,964,963 | 82,594,053 | 104,860,844 | 47,052,825 | 46,877,231 | 49,858,004 | 76,143,790 | 49,649,000 |
| total current liabilities | 119,366,224 | 105,331,850 | 175,736,680 | 168,449,915 | 119,462,092 | 198,553,550 | 176,014,721 | 102,126,045 | 96,402,297 | 104,973,662 | 77,176,999 | 57,933,000 |
| loans | 7,731,911 | 32,862,733 | 59,692,027 | 103,221,220 | 143,838,772 | 202,626,668 | 247,274,400 | 292,656,597 | 302,390,966 | 316,579,128 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 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 |
| provisions | 132,739 | 105,117 | 132,214 | 202,291 | 1,032,201 | 1,749,848 | 1,585,524 | 2,032,507 | 484,246 | 0 | 0 | 0 |
| total long term liabilities | 7,864,651 | 32,967,851 | 59,824,242 | 103,423,511 | 144,870,975 | 204,376,517 | 248,859,925 | 294,689,105 | 302,875,213 | 316,579,128 | 0 | 0 |
| total liabilities | 127,230,875 | 138,299,701 | 235,560,922 | 271,873,426 | 264,333,067 | 402,930,067 | 424,874,645 | 396,815,150 | 399,277,510 | 421,552,790 | 77,176,999 | 57,933,000 |
| net assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 237,671 | 10,000 |
| total shareholders funds | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 237,671 | 10,000 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | 5,816,773 | 2,306,453 | 4,685,298 | 10,835,974 | 12,957,040 | 14,243,780 | 10,914,667 | 14,000,613 | 10,818,718 | 4,648,446 | 347,924 | -7,000 |
| Depreciation | 7,053,633 | 28,158,521 | 33,231,731 | 34,087,253 | 31,192,120 | 33,246,359 | 24,318,792 | 23,843,441 | 20,695,328 | 12,620,047 | 15,845 | 0 |
| Amortisation | 9,357,016 | 19,162,894 | 19,239,173 | 19,727,841 | 17,521,988 | 18,083,282 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -3,876,314 | 463,439 | 76,003 | -918,027 | -355,455 | -597,694 | 489,918 | -2,360,653 | -582,803 | -212,993 | -181,554 | -3,000 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -5,416,251 | -57,476,349 | -7,424,871 | 30,749,815 | -107,834,022 | 20,008,776 | 46,456,337 | 2,078,539 | 617,624 | 145,806,111 | -25,728,824 | 28,602,000 |
| Creditors | 179,544 | 378,337 | -433,801 | -2,572,819 | 2,648,631 | -103,729 | 16,867 | -234,068 | -1,356,623 | 2,579,882 | -7,959,843 | 8,284,000 |
| Accruals and Deferred Income | 12,309,522 | -31,864,931 | 8,061,104 | 84,346,191 | -66,629,090 | -22,266,791 | 57,808,019 | 175,594 | -2,980,773 | -26,285,786 | 26,494,790 | 49,649,000 |
| Deferred Taxes & Provisions | 27,622 | -27,097 | -70,077 | -829,910 | -717,647 | 164,324 | -446,983 | 1,548,261 | 484,246 | 0 | 0 | 0 |
| Cash flow from operations | 36,284,047 | 76,053,965 | 72,214,302 | 113,926,688 | 104,451,609 | 22,760,755 | 46,644,943 | 34,894,649 | 26,460,469 | -152,456,515 | 44,445,986 | 29,321,000 |
| Investing Activities | ||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | -633,343 | -22,811,469 | -15,333,895 | -53,872,419 | -73,326,971 | -452,894 | |
| Change in Investments | -1 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | -1 | 1 | 0 | 0 |
| cash flow from investments | 1 | 0 | 0 | 0 | 0 | -633,344 | -22,811,469 | -15,333,895 | -53,872,418 | -73,326,972 | -452,894 | |
| Financing Activities | ||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 258,574 | -80,578 | 323,807 | -36,184,488 | -11,628,771 | 46,384,906 | 408,648 | -1,441,106 | -58,466 | 1,810,225 | 709,051 | 0 |
| Other Short Term Loans | 1,286,734 | -38,837,658 | -664,345 | 3,398,939 | -3,482,229 | -1,475,556 | 15,655,140 | 7,223,328 | -4,175,503 | 49,692,342 | 0 | 0 |
| Long term loans | -25,130,822 | -26,829,294 | -43,529,193 | -40,617,552 | -58,787,896 | -44,647,732 | -45,382,197 | -9,734,369 | -14,188,162 | 316,579,128 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||
| interest | -2,242,002 | -2,813,628 | -4,539,625 | -9,266,391 | -12,495,458 | -13,302,489 | -11,360,883 | -11,875,336 | 164,898 | 60,738 | 20,000 | |
| cash flow from financing | -25,525,974 | -68,517,423 | -48,631,033 | -83,321,048 | -86,500,482 | -13,384,469 | -40,722,994 | -15,592,108 | 367,862,346 | 770,352 | 20,000 | |
| cash and cash equivalents | ||||||||||||
| cash | 85,936 | -10,343,502 | 6,278,444 | -2,305,022 | 7,661,336 | -9,598,003 | -16,312,965 | 210,750 | -45,820,398 | 13,599,985 | 44,797,773 | 29,341,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 85,936 | -10,343,502 | 6,278,444 | -2,305,022 | 7,661,336 | -9,598,003 | -16,312,965 | 210,750 | -45,820,398 | 13,599,985 | 44,797,773 | 29,341,000 |
oil spill response (capping) limited Credit Report and Business Information
Oil Spill Response (capping) Limited Competitor Analysis
Perform a competitor analysis for oil spill response (capping) limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other large companies, companies in SO14 area or any other competitors across 12 key performance metrics.
oil spill response (capping) limited Ownership
OIL SPILL RESPONSE (CAPPING) LIMITED group structure
Oil Spill Response (Capping) Limited has 2 subsidiary companies.
Ultimate parent company
1 parent
OIL SPILL RESPONSE (CAPPING) LIMITED
07968910
2 subsidiaries
oil spill response (capping) limited directors
Oil Spill Response (Capping) Limited currently has 3 directors. The longest serving directors include Mr Richard Morrish (Jun 2019) and Mr Andrew Myers (Sep 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Richard Morrish | 45 years | Jun 2019 | - | Director | |
| Mr Andrew Myers | 49 years | Sep 2020 | - | Director | |
| Dr Vania De Stefani | 49 years | Feb 2023 | - | Director |
P&L
December 2023turnover
43.6m
-38%
operating profit
5.8m
+152%
gross margin
24.1%
+154.8%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
0
0%
total assets
127.2m
-0.08%
cash
17.6m
0%
net assets
Total assets minus all liabilities
oil spill response (capping) limited company details
company number
07968910
Type
Private limited with Share Capital
industry
74909 - Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
incorporation date
February 2012
age
13
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
BDO LLP
address
oil spill response limited, lower william street, southampton, SO14 5QE
Bank
-
Legal Advisor
-
oil spill response (capping) 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 oil spill response (capping) limited. Currently there are 2 open charges and 0 have been satisfied in the past.
oil spill response (capping) 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 OIL SPILL RESPONSE (CAPPING) LIMITED. This can take several minutes, an email will notify you when this has completed.
oil spill response (capping) limited Companies House Filings - See Documents
| date | description | view/download |
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