city oils ltd
city oils ltd Company Information
Company Number
08367667
Next Accounts
814 days late
Shareholders
ve power limited
ltwr ltd
Group Structure
View All
Industry
Other business support service activities n.e.c.
Registered Address
office d beresford house, town quay, southampton, SO14 2AQ
Website
www.cityoils.co.ukcity oils ltd Estimated Valuation
Pomanda estimates the enterprise value of CITY OILS LTD at £119.2k based on a Turnover of £419.5k and 0.28x industry multiple (adjusted for size and gross margin).
city oils ltd Estimated Valuation
Pomanda estimates the enterprise value of CITY OILS LTD at £0 based on an EBITDA of £-260.6k and a 2.08x industry multiple (adjusted for size and gross margin).
city oils ltd Estimated Valuation
Pomanda estimates the enterprise value of CITY OILS LTD at £0 based on Net Assets of £-4.7m and 2.13x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
City Oils Ltd Overview
City Oils Ltd is a live company located in southampton, SO14 2AQ with a Companies House number of 08367667. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in January 2013, it's largest shareholder is ve power limited with a 74.3% stake. City Oils Ltd is a established, micro sized company, Pomanda has estimated its turnover at £419.5k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
City Oils Ltd Health Check
Pomanda's financial health check has awarded City Oils Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 8 areas for improvement. Company Health Check FAQs
3 Strong
0 Regular
8 Weak
Size
annual sales of £419.5k, make it smaller than the average company (£2.2m)
£419.5k - City Oils Ltd
£2.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -7%, show it is growing at a slower rate (2.2%)
-7% - City Oils Ltd
2.2% - Industry AVG
Production
with a gross margin of 1.6%, this company has a higher cost of product (37.2%)
1.6% - City Oils Ltd
37.2% - Industry AVG
Profitability
an operating margin of -63.4% make it less profitable than the average company (5.3%)
-63.4% - City Oils Ltd
5.3% - Industry AVG
Employees
with 3 employees, this is below the industry average (19)
3 - City Oils Ltd
19 - Industry AVG
Pay Structure
on an average salary of £53.7k, the company has a higher pay structure (£40.2k)
£53.7k - City Oils Ltd
£40.2k - Industry AVG
Efficiency
resulting in sales per employee of £139.8k, this is more efficient (£118.9k)
£139.8k - City Oils Ltd
£118.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - City Oils Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 49 days, this is slower than average (35 days)
49 days - City Oils Ltd
35 days - Industry AVG
Stock Days
it holds stock equivalent to 15 days, this is less than average (29 days)
15 days - City Oils Ltd
29 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (30 weeks)
0 weeks - City Oils Ltd
30 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 2979.3%, this is a higher level of debt than the average (62.5%)
2979.3% - City Oils Ltd
62.5% - Industry AVG
CITY OILS LTD financials
City Oils Ltd's latest turnover from March 2021 is £419.5 thousand and the company has net assets of -£4.7 million. According to their latest financial statements, City Oils Ltd has 3 employees and maintains cash reserves of £1.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2021 | Mar 2020 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Apr 2015 | Apr 2014 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 419,519 | 677,193 | 516,695 | 758,404 | 926,550 | 1,430,871 | ||
| Other Income Or Grants | ||||||||
| Cost Of Sales | 412,939 | 633,213 | 529,411 | 722,139 | 852,334 | 1,264,675 | ||
| Gross Profit | 6,580 | 43,980 | -12,716 | 36,265 | 74,216 | 166,196 | ||
| Admin Expenses | 272,571 | 354,922 | 625,305 | 549,275 | 573,948 | 540,162 | ||
| Operating Profit | -265,991 | -310,942 | -638,021 | -513,010 | -499,732 | -373,966 | ||
| Interest Payable | 336,574 | 407,649 | 231,248 | |||||
| Interest Receivable | 969 | 146 | 137 | |||||
| Pre-Tax Profit | -265,022 | -310,796 | -974,458 | -920,659 | -730,980 | -507,757 | ||
| Tax | 57,572 | 215,182 | 177,779 | |||||
| Profit After Tax | -207,450 | -95,614 | -796,679 | -920,659 | -730,980 | -507,757 | ||
| Dividends Paid | ||||||||
| Retained Profit | -207,450 | -95,614 | -796,679 | -920,659 | -730,980 | -507,757 | ||
| Employee Costs | 161,151 | 184,620 | 239,940 | 168,496 | 210,168 | 230,526 | ||
| Number Of Employees | 3 | 5 | 7 | 11 | 21 | 15 | ||
| EBITDA* | -260,629 | -303,401 | -633,483 | -498,706 | -483,782 | -363,769 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2021 | Mar 2020 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Apr 2015 | Apr 2014 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 41,291 | 46,653 | 38,090 | 42,321 | 133,747 | 136,697 | 142,879 | 145,098 |
| Intangible Assets | ||||||||
| Investments & Other | ||||||||
| Debtors (Due After 1 year) | ||||||||
| Total Fixed Assets | 41,291 | 46,653 | 38,090 | 42,321 | 133,747 | 136,697 | 142,879 | 145,098 |
| Stock & work in progress | 18,100 | 19,583 | 19,077 | 7,488 | 14,392 | 31,796 | 7,440 | 20,546 |
| Trade Debtors | 14,912 | 1,811 | 47,981 | 12,174 | 63,424 | 73,014 | 114,108 | |
| Group Debtors | ||||||||
| Misc Debtors | 45,077 | 56,250 | 126,345 | 881,371 | 421,424 | 203,444 | 27,630 | |
| Cash | 1,422 | 6,281 | 4,368 | 8,801 | 13,288 | 6,321 | 18,999 | 40,970 |
| misc current assets | 177,916 | |||||||
| total current assets | 122,171 | 185,227 | 329,517 | 945,641 | 461,278 | 304,985 | 127,083 | 175,624 |
| total assets | 163,462 | 231,880 | 367,607 | 987,962 | 595,025 | 441,682 | 269,962 | 320,722 |
| Bank overdraft | ||||||||
| Bank loan | ||||||||
| Trade Creditors | 56,540 | 70,308 | 50,452 | 50,256 | 50,682 | 16,158 | 38,808 | 927,671 |
| Group/Directors Accounts | ||||||||
| other short term finances | 1,784,019 | 1,784,019 | 1,784,019 | 4,502,585 | 2,656,610 | 1,995,110 | ||
| hp & lease commitments | ||||||||
| other current liabilities | 3,029,480 | 2,876,680 | 2,936,649 | 41,955 | 573,908 | 385,609 | 1,678,592 | |
| total current liabilities | 4,870,039 | 4,731,007 | 4,771,120 | 4,594,796 | 3,281,200 | 2,396,877 | 1,717,400 | 927,671 |
| loans | ||||||||
| hp & lease commitments | ||||||||
| Accruals and Deferred Income | ||||||||
| other liabilities | ||||||||
| provisions | ||||||||
| total long term liabilities | ||||||||
| total liabilities | 4,870,039 | 4,731,007 | 4,771,120 | 4,594,796 | 3,281,200 | 2,396,877 | 1,717,400 | 927,671 |
| net assets | -4,706,577 | -4,499,127 | -4,403,513 | -3,606,834 | -2,686,175 | -1,955,195 | -1,447,438 | -606,949 |
| total shareholders funds | -4,706,577 | -4,499,127 | -4,403,513 | -3,606,834 | -2,686,175 | -1,955,195 | -1,447,438 | -606,949 |
| Mar 2021 | Mar 2020 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Apr 2015 | Apr 2014 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | -265,991 | -310,942 | -638,021 | -513,010 | -499,732 | -373,966 | ||
| Depreciation | 5,362 | 7,541 | 4,538 | 14,304 | 15,950 | 10,197 | 15,810 | 13,647 |
| Amortisation | ||||||||
| Tax | 57,572 | 215,182 | 177,779 | |||||
| Stock | -1,483 | 19,583 | 11,589 | -6,904 | -17,404 | 11,250 | -13,106 | 20,546 |
| Debtors | -26,085 | 71,162 | -801,196 | 495,754 | 166,730 | 152,760 | -13,464 | 114,108 |
| Creditors | -13,768 | 70,308 | 196 | -426 | 34,524 | -911,513 | -888,863 | 927,671 |
| Accruals and Deferred Income | 152,800 | 2,876,680 | 2,894,694 | -531,953 | 188,299 | 385,609 | 1,678,592 | |
| Deferred Taxes & Provisions | ||||||||
| Cash flow from operations | -36,457 | 2,768,024 | 3,228,793 | -1,519,935 | -410,285 | -1,053,683 | ||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | ||||||||
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | ||||||||
| Group/Directors Accounts | ||||||||
| Other Short Term Loans | 1,784,019 | -2,718,566 | 1,845,975 | 661,500 | 1,995,110 | |||
| Long term loans | ||||||||
| Hire Purchase and Lease Commitments | ||||||||
| other long term liabilities | ||||||||
| share issue | ||||||||
| interest | 969 | 146 | -336,437 | -407,649 | -231,248 | |||
| cash flow from financing | 969 | -2,619,348 | -3,055,003 | 1,438,326 | 430,252 | 1,154,621 | ||
| cash and cash equivalents | ||||||||
| cash | -4,859 | 6,281 | -4,433 | -4,487 | 6,967 | -34,649 | -21,971 | 40,970 |
| overdraft | ||||||||
| change in cash | -4,859 | 6,281 | -4,433 | -4,487 | 6,967 | -34,649 | -21,971 | 40,970 |
city oils ltd Credit Report and Business Information
City Oils Ltd Competitor Analysis
Perform a competitor analysis for city oils ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in SO14 area or any other competitors across 12 key performance metrics.
city oils ltd Ownership
CITY OILS LTD group structure
City Oils Ltd has no subsidiary companies.
city oils ltd directors
City Oils Ltd currently has 2 directors. The longest serving directors include Mr Michael Nairn (Oct 2017) and Mrs Chelsie Sinfield (May 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Nairn | United Kingdom | 65 years | Oct 2017 | - | Director |
| Mrs Chelsie Sinfield | United Kingdom | 29 years | May 2023 | - | Director |
P&L
March 2021turnover
419.5k
-38%
operating profit
-266k
-14%
gross margin
1.6%
-75.85%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2021net assets
-4.7m
+0.05%
total assets
163.5k
-0.3%
cash
1.4k
-0.77%
net assets
Total assets minus all liabilities
city oils ltd company details
company number
08367667
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
January 2013
age
12
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2021
previous names
N/A
accountant
-
auditor
GIESS WALLIS CRISP LLP
address
office d beresford house, town quay, southampton, SO14 2AQ
Bank
-
Legal Advisor
-
city oils 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 1 charges/mortgages relating to city oils ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
city oils 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 CITY OILS LTD. This can take several minutes, an email will notify you when this has completed.
city oils ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
