totalenergies e&p international k2 limited
totalenergies e&p international k2 limited Company Information
Company Number
09849396
Website
-Registered Address
19th floor 10 upper bank street, canary wharf, london, E14 5BF
Industry
Extraction of crude petroleum
Telephone
-
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
totalenergies e & p international ltd. 100%
totalenergies e&p international k2 limited Estimated Valuation
Pomanda estimates the enterprise value of TOTALENERGIES E&P INTERNATIONAL K2 LIMITED at £2.5m based on a Turnover of £3.3m and 0.74x industry multiple (adjusted for size and gross margin).
totalenergies e&p international k2 limited Estimated Valuation
Pomanda estimates the enterprise value of TOTALENERGIES E&P INTERNATIONAL K2 LIMITED at £1.1m based on an EBITDA of £684.1k and a 1.62x industry multiple (adjusted for size and gross margin).
totalenergies e&p international k2 limited Estimated Valuation
Pomanda estimates the enterprise value of TOTALENERGIES E&P INTERNATIONAL K2 LIMITED at £26.4m based on Net Assets of £20.1m and 1.31x industry multiple (adjusted for liquidity).
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Totalenergies E&p International K2 Limited Overview
Totalenergies E&p International K2 Limited is a live company located in london, E14 5BF with a Companies House number of 09849396. It operates in the extraction of crude petroleum sector, SIC Code 06100. Founded in October 2015, it's largest shareholder is totalenergies e & p international ltd. with a 100% stake. Totalenergies E&p International K2 Limited is a young, small sized company, Pomanda has estimated its turnover at £3.3m with declining growth in recent years.
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Totalenergies E&p International K2 Limited Health Check
Pomanda's financial health check has awarded Totalenergies E&P International K2 Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
7 Weak
Size
annual sales of £3.3m, make it smaller than the average company (£55.5m)
£3.3m - Totalenergies E&p International K2 Limited
£55.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (2.6%)
-6% - Totalenergies E&p International K2 Limited
2.6% - Industry AVG
Production
with a gross margin of 19.8%, this company has a higher cost of product (40.9%)
19.8% - Totalenergies E&p International K2 Limited
40.9% - Industry AVG
Profitability
an operating margin of 18.2% make it less profitable than the average company (30.3%)
18.2% - Totalenergies E&p International K2 Limited
30.3% - Industry AVG
Employees
with 4 employees, this is below the industry average (54)
- Totalenergies E&p International K2 Limited
54 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Totalenergies E&p International K2 Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £828.8k, this is equally as efficient (£915.4k)
- Totalenergies E&p International K2 Limited
£915.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Totalenergies E&p International K2 Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (26 days)
1 days - Totalenergies E&p International K2 Limited
26 days - Industry AVG
Stock Days
it holds stock equivalent to 2 days, this is less than average (21 days)
2 days - Totalenergies E&p International K2 Limited
21 days - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Totalenergies E&p International K2 Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 81.7%, this is a higher level of debt than the average (68%)
81.7% - Totalenergies E&p International K2 Limited
68% - Industry AVG
TOTALENERGIES E&P INTERNATIONAL K2 LIMITED financials
Totalenergies E&P International K2 Limited's latest turnover from December 2022 is £3.3 million and the company has net assets of £20.1 million. According to their latest financial statements, we estimate that Totalenergies E&P International K2 Limited has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|
| Turnover | 3,315,275 | 2,312,606 | 1,715,647 | 3,955,738 | 4,478,090 | 4,806,537 | 1,993,476 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 2,657,880 | 3,023,369 | 3,346,571 | 1,936,098 | 184,607,066 | 5,701,354 | 2,559,357 |
| Gross Profit | 657,395 | -710,763 | -1,630,924 | 2,019,639 | -180,128,975 | -894,817 | -565,880 |
| Admin Expenses | 55,794 | 70,348 | 148,266 | 763,593 | 4,709,605 | 29,394,376 | 14,555,868 |
| Operating Profit | 601,601 | -781,111 | -1,779,190 | 1,256,046 | -184,838,580 | -30,289,193 | -15,121,748 |
| Interest Payable | 107,544 | 168,998 | 539,229 | 153,158 | 535,929 | 131,379 | 103,163 |
| Interest Receivable | 83,286 | 0 | 9,707 | 98,930 | 84,915 | 9,613 | 13,653 |
| Pre-Tax Profit | 577,343 | -950,109 | -2,308,711 | 1,201,817 | -185,300,008 | -30,410,959 | -15,211,257 |
| Tax | -672,758 | 481,119 | 20,712,205 | -729,151 | -1,158,375 | 144,997 | -49,306 |
| Profit After Tax | -95,415 | -468,990 | 18,403,495 | 472,666 | -186,458,383 | -30,265,962 | -15,260,563 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -95,415 | -468,990 | 18,403,495 | 472,666 | -186,458,383 | -30,265,962 | -15,260,563 |
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Number Of Employees | |||||||
| EBITDA* | 684,079 | -142,314 | -1,592,975 | 1,375,495 | -342,867 | -26,847,713 | -13,960,404 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 4,939,759 | 5,091,776 | 5,644,691 | 3,261,761 | 1,594,168 | 910,037 | 4,488,356 |
| Intangible Assets | 97,409,234 | 97,028,382 | 104,348,248 | 74,512,678 | 69,059,521 | 230,419,771 | 199,352,196 |
| Investments & Other | 0 | 1 | 1 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 631,519 | 879,760 | 853,410 | 841,272 | 0 | 0 | 0 |
| Total Fixed Assets | 102,980,513 | 102,999,919 | 110,846,351 | 78,615,712 | 70,653,689 | 231,329,809 | 203,840,552 |
| Stock & work in progress | 17,789 | 18,598 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 13,746 | 368,017 | 807,563 | 19,226 | 518,305 | 243,495 |
| Group Debtors | 6,624,888 | 5,167,785 | 26,086,841 | 11,106,551 | 9,464,872 | 22,395,257 | 21,447,318 |
| Misc Debtors | 202,150 | 2,056,278 | 689,259 | 2,198 | 2,761,355 | 6,930,225 | 5,863,612 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 6,844,829 | 7,256,408 | 27,144,118 | 11,916,312 | 12,245,454 | 29,843,788 | 27,554,426 |
| total assets | 109,825,342 | 110,256,327 | 137,990,469 | 90,532,024 | 82,899,143 | 261,173,596 | 231,394,978 |
| Bank overdraft | 0 | 12,938 | 0 | 0 | 0 | 0 | 547,675 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 11,320 | 33,153 | 0 | 0 | 83,313 | 1,731,154 | 25,032 |
| Group/Directors Accounts | 76,185,817 | 77,081,750 | 98,336,422 | 72,328,888 | 67,448,530 | 19,947,128 | 16,868,695 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 10,676,801 | 9,724,266 | 13,637,807 | 12,339,879 | 9,895,057 | 4,853,000 | 1,371,463 |
| total current liabilities | 86,873,939 | 86,852,106 | 111,974,230 | 84,668,767 | 77,426,901 | 26,531,283 | 18,812,865 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 2,873,776 | 3,231,179 | 3,486,894 | 2,437,344 | 2,243,851 | 44,955,539 | 41,932,792 |
| total long term liabilities | 2,873,777 | 3,231,180 | 3,486,894 | 2,437,344 | 2,243,852 | 44,955,540 | 41,932,792 |
| total liabilities | 89,747,716 | 90,083,286 | 115,461,124 | 87,106,112 | 79,670,752 | 71,486,822 | 60,745,657 |
| net assets | 20,077,626 | 20,173,041 | 22,529,344 | 3,425,912 | 3,228,391 | 189,686,774 | 170,649,321 |
| total shareholders funds | 20,077,626 | 20,173,041 | 22,529,344 | 3,425,912 | 3,228,391 | 189,686,774 | 170,649,321 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | 601,601 | -781,111 | -1,779,190 | 1,256,046 | -184,838,580 | -30,289,193 | -15,121,748 |
| Depreciation | 82,478 | 638,797 | 186,215 | 119,449 | 1,327,405 | 3,441,480 | 1,161,344 |
| Amortisation | 0 | 0 | 0 | 0 | 183,168,308 | 0 | 0 |
| Tax | -672,758 | 481,119 | 20,712,205 | -729,151 | -1,158,375 | 144,997 | -49,306 |
| Stock | -809 | 18,598 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -659,012 | -19,879,957 | 15,239,943 | 512,131 | -17,598,334 | 2,289,361 | 27,554,426 |
| Creditors | -21,832 | 33,153 | 0 | -83,313 | -1,647,841 | 1,706,122 | 25,032 |
| Accruals and Deferred Income | 952,535 | -3,913,541 | 1,297,928 | 2,444,822 | 5,042,057 | 3,481,537 | 1,371,463 |
| Deferred Taxes & Provisions | -357,403 | -255,715 | 1,049,550 | 193,493 | -42,711,688 | 3,022,747 | 41,932,792 |
| Cash flow from operations | 1,244,442 | 16,064,061 | 6,226,765 | 2,689,215 | -23,220,380 | -20,781,671 | 1,765,151 |
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 0 | 0 | 1 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -895,933 | -21,254,672 | 26,007,535 | 4,880,358 | 47,501,402 | 3,078,434 | 16,868,695 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | -24,258 | -168,998 | -529,522 | -54,228 | -451,014 | -121,766 | -89,510 |
| cash flow from financing | -920,191 | -23,310,983 | 26,177,950 | 4,550,986 | 47,050,388 | 52,260,083 | 202,689,069 |
| cash and cash equivalents | |||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | -12,938 | 12,938 | 0 | 0 | 0 | -547,675 | 547,675 |
| change in cash | 12,938 | -12,938 | 0 | 0 | 0 | 547,675 | -547,675 |
totalenergies e&p international k2 limited Credit Report and Business Information
Totalenergies E&p International K2 Limited Competitor Analysis
Perform a competitor analysis for totalenergies e&p international k2 limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
totalenergies e&p international k2 limited Ownership
TOTALENERGIES E&P INTERNATIONAL K2 LIMITED group structure
Totalenergies E&P International K2 Limited has no subsidiary companies.
Ultimate parent company
TOTALENERGIES SE
#0034446
2 parents
TOTALENERGIES E&P INTERNATIONAL K2 LIMITED
09849396
totalenergies e&p international k2 limited directors
Totalenergies E&P International K2 Limited currently has 4 directors. The longest serving directors include Mr Khaled Kouki (Jan 2019) and Mr Stephane Decubber (Aug 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Khaled Kouki | United Kingdom | 53 years | Jan 2019 | - | Director |
| Mr Stephane Decubber | England | 48 years | Aug 2020 | - | Director |
| Mr Gregoire Poupard | Scotland | 44 years | Aug 2022 | - | Director |
| Mr Nicolas Payer | Scotland | 58 years | Jan 2023 | - | Director |
P&L
December 2022turnover
3.3m
+43%
operating profit
601.6k
-177%
gross margin
19.9%
-164.52%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
20.1m
0%
total assets
109.8m
0%
cash
0
0%
net assets
Total assets minus all liabilities
totalenergies e&p international k2 limited company details
company number
09849396
Type
Private limited with Share Capital
industry
06100 - Extraction of crude petroleum
incorporation date
October 2015
age
9
accounts
Full Accounts
ultimate parent company
previous names
total e&p international k2 ltd. (June 2021)
maersk oil exploration international k2 ltd (June 2018)
incorporated
UK
address
19th floor 10 upper bank street, canary wharf, london, E14 5BF
last accounts submitted
December 2022
totalenergies e&p international k2 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 totalenergies e&p international k2 limited.
totalenergies e&p international k2 limited Companies House Filings - See Documents
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