london oil & gas limited
london oil & gas limited Company Information
Company Number
09734575
Next Accounts
2242 days late
Shareholders
london power corporation plc
Group Structure
View All
Industry
Management consultancy activities (other than financial management)
Registered Address
c/o evelyn partners llp, 45 gresham street, london, EC2V 7BG
Website
www.independentoilandgas.comlondon oil & gas limited Estimated Valuation
Pomanda estimates the enterprise value of LONDON OIL & GAS LIMITED at £25.3m based on a Turnover of £28.6m and 0.88x industry multiple (adjusted for size and gross margin).
london oil & gas limited Estimated Valuation
Pomanda estimates the enterprise value of LONDON OIL & GAS LIMITED at £183.7m based on an EBITDA of £24.1m and a 7.62x industry multiple (adjusted for size and gross margin).
london oil & gas limited Estimated Valuation
Pomanda estimates the enterprise value of LONDON OIL & GAS LIMITED at £49.9m based on Net Assets of £19.1m and 2.61x industry multiple (adjusted for liquidity).
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London Oil & Gas Limited Overview
London Oil & Gas Limited is a live company located in london, EC2V 7BG with a Companies House number of 09734575. It operates in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in August 2015, it's largest shareholder is london power corporation plc with a 100% stake. London Oil & Gas Limited is a established, large sized company, Pomanda has estimated its turnover at £28.6m with unknown growth in recent years.
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London Oil & Gas Limited Health Check
Pomanda's financial health check has awarded London Oil & Gas Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
3 Weak
Size
annual sales of £28.6m, make it larger than the average company (£177.1k)
£28.6m - London Oil & Gas Limited
£177.1k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- London Oil & Gas Limited
- - Industry AVG
Production
with a gross margin of 67.3%, this company has a comparable cost of product (67.3%)
67.3% - London Oil & Gas Limited
67.3% - Industry AVG
Profitability
an operating margin of 84.3% make it more profitable than the average company (12.9%)
84.3% - London Oil & Gas Limited
12.9% - Industry AVG
Employees
with 6 employees, this is below the industry average (8)
6 - London Oil & Gas Limited
8 - Industry AVG
Pay Structure
on an average salary of £26.4k, the company has a lower pay structure (£48.9k)
£26.4k - London Oil & Gas Limited
£48.9k - Industry AVG
Efficiency
resulting in sales per employee of £4.8m, this is more efficient (£118.8k)
£4.8m - London Oil & Gas Limited
£118.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - London Oil & Gas Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 7 days, this is quicker than average (33 days)
7 days - London Oil & Gas Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - London Oil & Gas Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (33 weeks)
0 weeks - London Oil & Gas Limited
33 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 51.1%, this is a lower level of debt than the average (57.5%)
51.1% - London Oil & Gas Limited
57.5% - Industry AVG
LONDON OIL & GAS LIMITED financials
London Oil & Gas Limited's latest turnover from May 2017 is £28.6 million and the company has net assets of £19.1 million. According to their latest financial statements, London Oil & Gas Limited has 6 employees and maintains cash reserves of £82 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2017 | Dec 2015 | Sep 2015 | |
|---|---|---|---|
| Turnover | 28,575,029 | ||
| Other Income Or Grants | |||
| Cost Of Sales | |||
| Gross Profit | |||
| Admin Expenses | |||
| Operating Profit | |||
| Interest Payable | 4,339,963 | ||
| Interest Receivable | |||
| Pre-Tax Profit | 23,027,349 | ||
| Tax | -3,914,649 | ||
| Profit After Tax | 19,112,700 | ||
| Dividends Paid | |||
| Retained Profit | 19,112,700 | ||
| Employee Costs | 158,569 | ||
| Number Of Employees | 6 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2017 | Dec 2015 | Sep 2015 | |
|---|---|---|---|
| Tangible Assets | |||
| Intangible Assets | |||
| Investments & Other | 38,175,018 | ||
| Debtors (Due After 1 year) | |||
| Total Fixed Assets | 38,175,018 | ||
| Stock & work in progress | |||
| Trade Debtors | |||
| Group Debtors | |||
| Misc Debtors | 859,125 | ||
| Cash | 82,021 | 100 | 100 |
| misc current assets | |||
| total current assets | 941,146 | 100 | 100 |
| total assets | 39,116,164 | 100 | 100 |
| Bank overdraft | |||
| Bank loan | |||
| Trade Creditors | 194,893 | ||
| Group/Directors Accounts | |||
| other short term finances | 15,791,604 | ||
| hp & lease commitments | |||
| other current liabilities | 90,318 | ||
| total current liabilities | 16,076,815 | ||
| loans | |||
| hp & lease commitments | |||
| Accruals and Deferred Income | |||
| other liabilities | |||
| provisions | 3,914,649 | ||
| total long term liabilities | 3,914,649 | ||
| total liabilities | 19,991,464 | ||
| net assets | 19,124,700 | 100 | 100 |
| total shareholders funds | 19,124,700 | 100 | 100 |
| May 2017 | Dec 2015 | Sep 2015 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | |||
| Amortisation | |||
| Tax | -3,914,649 | ||
| Stock | |||
| Debtors | 859,125 | ||
| Creditors | 194,893 | ||
| Accruals and Deferred Income | 90,318 | ||
| Deferred Taxes & Provisions | 3,914,649 | ||
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 38,175,018 | ||
| cash flow from investments | -38,175,018 | ||
| Financing Activities | |||
| Bank loans | |||
| Group/Directors Accounts | |||
| Other Short Term Loans | 15,791,604 | ||
| Long term loans | |||
| Hire Purchase and Lease Commitments | |||
| other long term liabilities | |||
| share issue | |||
| interest | -4,339,963 | ||
| cash flow from financing | 11,463,641 | 100 | |
| cash and cash equivalents | |||
| cash | 82,021 | 100 | 100 |
| overdraft | |||
| change in cash | 82,021 | 100 | 100 |
london oil & gas limited Credit Report and Business Information
London Oil & Gas Limited Competitor Analysis
Perform a competitor analysis for london oil & gas limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other large companies, companies in EC2V area or any other competitors across 12 key performance metrics.
london oil & gas limited Ownership
LONDON OIL & GAS LIMITED group structure
London Oil & Gas Limited has no subsidiary companies.
Ultimate parent company
2 parents
LONDON OIL & GAS LIMITED
09734575
london oil & gas limited directors
London Oil & Gas Limited currently has 4 directors. The longest serving directors include Mr Elten Barker (Nov 2015) and Mr Francis Starkie (Dec 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Elten Barker | United Kingdom | 52 years | Nov 2015 | - | Director |
| Mr Francis Starkie | Great Britain | 75 years | Dec 2015 | - | Director |
| Mr Martin Ruscoe | 82 years | Dec 2015 | - | Director | |
| The Rt Hon Charles Hendry | United Kingdom | 65 years | Jan 2017 | - | Director |
P&L
May 2017turnover
28.6m
0%
operating profit
24.1m
0%
gross margin
67.4%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2017net assets
19.1m
0%
total assets
39.1m
0%
cash
82k
0%
net assets
Total assets minus all liabilities
london oil & gas limited company details
company number
09734575
Type
Private limited with Share Capital
industry
70229 - Management consultancy activities (other than financial management)
incorporation date
August 2015
age
10
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
May 2017
previous names
N/A
accountant
-
auditor
-
address
c/o evelyn partners llp, 45 gresham street, london, EC2V 7BG
Bank
METRO BANK
Legal Advisor
-
london oil & gas 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 london oil & gas limited.
london oil & gas 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 LONDON OIL & GAS LIMITED. This can take several minutes, an email will notify you when this has completed.
london oil & gas limited Companies House Filings - See Documents
| date | description | view/download |
|---|
