seplat energy uk limited
seplat energy uk limited Company Information
Company Number
08658708
Next Accounts
Sep 2025
Shareholders
seplat energy plc
Group Structure
View All
Industry
Support activities for petroleum and natural gas extraction
Registered Address
b & w building, 4th floor 58-60 berners street, london, W1T 3NQ
Website
www.seplatpetroleum.comseplat energy uk limited Estimated Valuation
Pomanda estimates the enterprise value of SEPLAT ENERGY UK LIMITED at £228.9k based on a Turnover of £222k and 1.03x industry multiple (adjusted for size and gross margin).
seplat energy uk limited Estimated Valuation
Pomanda estimates the enterprise value of SEPLAT ENERGY UK LIMITED at £1.6m based on an EBITDA of £474k and a 3.41x industry multiple (adjusted for size and gross margin).
seplat energy uk limited Estimated Valuation
Pomanda estimates the enterprise value of SEPLAT ENERGY UK LIMITED at £2.4m based on Net Assets of £1.8m and 1.4x industry multiple (adjusted for liquidity).
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Seplat Energy Uk Limited Overview
Seplat Energy Uk Limited is a live company located in london, W1T 3NQ with a Companies House number of 08658708. It operates in the support activities for petroleum and natural gas mining sector, SIC Code 09100. Founded in August 2013, it's largest shareholder is seplat energy plc with a 100% stake. Seplat Energy Uk Limited is a established, micro sized company, Pomanda has estimated its turnover at £222k with declining growth in recent years.
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Seplat Energy Uk Limited Health Check
Pomanda's financial health check has awarded Seplat Energy Uk Limited a 4 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
0 Regular
5 Weak
Size
annual sales of £222k, make it smaller than the average company (£17.1m)
£222k - Seplat Energy Uk Limited
£17.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -59%, show it is growing at a slower rate (3.6%)
-59% - Seplat Energy Uk Limited
3.6% - Industry AVG
Production
with a gross margin of 100%, this company has a lower cost of product (24.8%)
100% - Seplat Energy Uk Limited
24.8% - Industry AVG
Profitability
an operating margin of 100% make it more profitable than the average company (6.5%)
100% - Seplat Energy Uk Limited
6.5% - Industry AVG
Employees
with 14 employees, this is below the industry average (41)
14 - Seplat Energy Uk Limited
41 - Industry AVG
Pay Structure
on an average salary of £278k, the company has a higher pay structure (£71.4k)
£278k - Seplat Energy Uk Limited
£71.4k - Industry AVG
Efficiency
resulting in sales per employee of £15.9k, this is less efficient (£220.2k)
£15.9k - Seplat Energy Uk Limited
£220.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Seplat Energy Uk Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Seplat Energy Uk Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Seplat Energy Uk Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 15 weeks, this is more cash available to meet short term requirements (6 weeks)
15 weeks - Seplat Energy Uk Limited
6 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 48.4%, this is a lower level of debt than the average (55.1%)
48.4% - Seplat Energy Uk Limited
55.1% - Industry AVG
SEPLAT ENERGY UK LIMITED financials
Seplat Energy Uk Limited's latest turnover from December 2023 is £222 thousand and the company has net assets of £1.8 million. According to their latest financial statements, Seplat Energy Uk Limited has 14 employees and maintains cash reserves of £503 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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 222,000 | 257,000 | 220,000 | 3,183,000 | 3,876,000 | 4,080,000 | 4,214,000 | 3,967,000 | 4,054,000 | 7,493,000 |
| Other Income Or Grants | ||||||||||
| Cost Of Sales | -1,000 | 2,627,000 | 3,419,000 | 3,890,000 | 4,013,000 | 3,588,000 | 3,695,000 | 6,761,000 | ||
| Gross Profit | 222,000 | 257,000 | 221,000 | 556,000 | 457,000 | 190,000 | 201,000 | 379,000 | 359,000 | 732,000 |
| Admin Expenses | 340,000 | 253,000 | 8,000 | 15,000 | 230,000 | 231,000 | ||||
| Operating Profit | 222,000 | 257,000 | 221,000 | 216,000 | 204,000 | 182,000 | 186,000 | 149,000 | 128,000 | |
| Interest Payable | 37,000 | 33,000 | ||||||||
| Interest Receivable | 8,000 | |||||||||
| Pre-Tax Profit | 230,000 | 257,000 | 221,000 | 179,000 | 171,000 | 182,000 | 186,000 | 149,000 | 128,000 | 502,000 |
| Tax | -40,000 | -48,000 | -47,000 | -54,000 | -8,000 | -35,000 | -36,000 | -30,000 | -43,000 | -113,000 |
| Profit After Tax | 190,000 | 209,000 | 174,000 | 125,000 | 163,000 | 147,000 | 150,000 | 119,000 | 85,000 | 389,000 |
| Dividends Paid | ||||||||||
| Retained Profit | 190,000 | 209,000 | 174,000 | 125,000 | 163,000 | 147,000 | 150,000 | 119,000 | 85,000 | 389,000 |
| Employee Costs | 3,892,000 | 3,150,000 | 2,569,000 | 1,954,000 | 2,623,000 | 2,800,000 | 2,743,000 | 2,468,000 | 2,323,000 | 2,826,000 |
| Number Of Employees | 14 | 13 | 11 | 12 | 12 | 13 | 13 | 11 | 10 | |
| EBITDA* | 474,000 | 558,000 | 560,000 | 556,000 | 458,000 | 190,000 | 201,000 | 379,000 | 359,000 |
* 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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 97,000 | 442,000 | 781,000 | 1,121,000 | 8,000 | 22,000 | 249,000 | 471,000 | ||
| Intangible Assets | 221,000 | 141,000 | ||||||||
| Investments & Other | ||||||||||
| Debtors (Due After 1 year) | ||||||||||
| Total Fixed Assets | 318,000 | 141,000 | 442,000 | 781,000 | 1,121,000 | 8,000 | 22,000 | 249,000 | 471,000 | |
| Stock & work in progress | ||||||||||
| Trade Debtors | ||||||||||
| Group Debtors | 2,019,000 | 506,000 | 1,619,000 | 1,077,000 | 3,712,000 | 4,645,000 | 4,062,000 | 3,532,000 | 2,776,000 | 7,493,000 |
| Misc Debtors | 555,000 | 806,000 | 210,000 | 280,000 | 345,000 | 446,000 | 205,000 | 188,000 | 555,000 | 809,000 |
| Cash | 503,000 | 1,669,000 | 761,000 | 996,000 | 1,298,000 | 813,000 | 770,000 | 920,000 | 775,000 | 571,000 |
| misc current assets | 25,000 | 35,000 | 46,000 | 17,000 | ||||||
| total current assets | 3,077,000 | 2,981,000 | 2,590,000 | 2,353,000 | 5,355,000 | 5,929,000 | 5,072,000 | 4,686,000 | 4,123,000 | 8,873,000 |
| total assets | 3,395,000 | 3,122,000 | 3,032,000 | 3,134,000 | 6,476,000 | 5,929,000 | 5,080,000 | 4,708,000 | 4,372,000 | 9,344,000 |
| Bank overdraft | ||||||||||
| Bank loan | ||||||||||
| Trade Creditors | 470,000 | 810,000 | 473,000 | 961,000 | 302,000 | 777,000 | 362,000 | 92,000 | 326,000 | 46,000 |
| Group/Directors Accounts | 15,000 | 3,579,000 | 3,577,000 | 3,577,000 | 3,577,000 | 2,894,000 | 8,089,000 | |||
| other short term finances | ||||||||||
| hp & lease commitments | 220,000 | 128,000 | 312,000 | |||||||
| other current liabilities | 937,000 | 621,000 | 765,000 | 255,000 | 513,000 | 683,000 | 396,000 | 444,000 | 676,000 | 790,000 |
| total current liabilities | 1,642,000 | 1,559,000 | 1,550,000 | 1,216,000 | 4,394,000 | 5,037,000 | 4,335,000 | 4,113,000 | 3,896,000 | 8,925,000 |
| loans | ||||||||||
| hp & lease commitments | 128,000 | 738,000 | 1,027,000 | |||||||
| Accruals and Deferred Income | ||||||||||
| other liabilities | ||||||||||
| provisions | ||||||||||
| total long term liabilities | 128,000 | 738,000 | 1,027,000 | |||||||
| total liabilities | 1,642,000 | 1,559,000 | 1,678,000 | 1,954,000 | 5,421,000 | 5,037,000 | 4,335,000 | 4,113,000 | 3,896,000 | 8,925,000 |
| net assets | 1,753,000 | 1,563,000 | 1,354,000 | 1,180,000 | 1,055,000 | 892,000 | 745,000 | 595,000 | 476,000 | 419,000 |
| total shareholders funds | 1,753,000 | 1,563,000 | 1,354,000 | 1,180,000 | 1,055,000 | 892,000 | 745,000 | 595,000 | 476,000 | 419,000 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | 222,000 | 257,000 | 221,000 | 216,000 | 204,000 | 182,000 | 186,000 | 149,000 | 128,000 | |
| Depreciation | 7,000 | 339,000 | 340,000 | 254,000 | 8,000 | 15,000 | 230,000 | 231,000 | 230,000 | |
| Amortisation | 252,000 | 294,000 | ||||||||
| Tax | -40,000 | -48,000 | -47,000 | -54,000 | -8,000 | -35,000 | -36,000 | -30,000 | -43,000 | -113,000 |
| Stock | ||||||||||
| Debtors | 1,262,000 | -517,000 | 472,000 | -2,700,000 | -1,034,000 | 824,000 | 547,000 | 389,000 | -4,971,000 | 8,302,000 |
| Creditors | -340,000 | 337,000 | -488,000 | 659,000 | -475,000 | 415,000 | 270,000 | -234,000 | 280,000 | 46,000 |
| Accruals and Deferred Income | 316,000 | -144,000 | 510,000 | -258,000 | -170,000 | 287,000 | -48,000 | -232,000 | -114,000 | 790,000 |
| Deferred Taxes & Provisions | ||||||||||
| Cash flow from operations | -852,000 | 1,220,000 | 63,000 | 3,603,000 | 839,000 | 33,000 | -160,000 | -506,000 | 5,453,000 | |
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | ||||||||||
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | ||||||||||
| Group/Directors Accounts | 15,000 | -3,579,000 | 2,000 | 683,000 | -5,195,000 | 8,089,000 | ||||
| Other Short Term Loans | ||||||||||
| Long term loans | ||||||||||
| Hire Purchase and Lease Commitments | 92,000 | -312,000 | -298,000 | -289,000 | 1,027,000 | |||||
| other long term liabilities | ||||||||||
| share issue | ||||||||||
| interest | 8,000 | -37,000 | -33,000 | |||||||
| cash flow from financing | 115,000 | -312,000 | -298,000 | -3,905,000 | 996,000 | 683,000 | -5,223,000 | 8,119,000 | ||
| cash and cash equivalents | ||||||||||
| cash | -1,166,000 | 908,000 | -235,000 | -302,000 | 485,000 | 43,000 | -150,000 | 145,000 | 204,000 | 571,000 |
| overdraft | ||||||||||
| change in cash | -1,166,000 | 908,000 | -235,000 | -302,000 | 485,000 | 43,000 | -150,000 | 145,000 | 204,000 | 571,000 |
seplat energy uk limited Credit Report and Business Information
Seplat Energy Uk Limited Competitor Analysis
Perform a competitor analysis for seplat energy uk limited by selecting its closest rivals, whether from the MINING AND QUARRYING sector, other micro companies, companies in W1T area or any other competitors across 12 key performance metrics.
seplat energy uk limited Ownership
SEPLAT ENERGY UK LIMITED group structure
Seplat Energy Uk Limited has no subsidiary companies.
Ultimate parent company
SEPLAT ENERGY PLC
#0133423
1 parent
SEPLAT ENERGY UK LIMITED
08658708
seplat energy uk limited directors
Seplat Energy Uk Limited currently has 2 directors. The longest serving directors include Mr Roger Brown (Aug 2013) and Mrs Eleanor Adaralegbe (May 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Roger Brown | England | 55 years | Aug 2013 | - | Director |
| Mrs Eleanor Adaralegbe | England | 55 years | May 2024 | - | Director |
P&L
December 2023turnover
222k
-14%
operating profit
222k
-14%
gross margin
100%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
1.8m
+0.12%
total assets
3.4m
+0.09%
cash
503k
-0.7%
net assets
Total assets minus all liabilities
seplat energy uk limited company details
company number
08658708
Type
Private limited with Share Capital
industry
09100 - Support activities for petroleum and natural gas extraction
incorporation date
August 2013
age
12
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
seplat energy uk limited limited (November 2021)
seplat petroleum development company uk limited (July 2021)
accountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
address
b & w building, 4th floor 58-60 berners street, london, W1T 3NQ
Bank
HSBC BANK PLC
Legal Advisor
EVERSHEDS SUTHERLAND (INTERNATIONAL) LLP
seplat energy uk 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 did not find charges/mortgages relating to seplat energy uk limited.
seplat energy uk 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.
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seplat energy uk limited Companies House Filings - See Documents
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