cnooc u.k. marketing ltd
cnooc u.k. marketing ltd Company Information
Company Number
11894677
Next Accounts
Sep 2025
Industry
Trade of gas through mains
Wholesale of petroleum and petroleum products
Shareholders
cnooc international trading co. ltd
Group Structure
View All
Contact
Registered Address
prospect house 97 oxford road, uxbridge, UB8 1LU
Website
-cnooc u.k. marketing ltd Estimated Valuation
Pomanda estimates the enterprise value of CNOOC U.K. MARKETING LTD at £6.5b based on a Turnover of £7.9b and 0.82x industry multiple (adjusted for size and gross margin).
cnooc u.k. marketing ltd Estimated Valuation
Pomanda estimates the enterprise value of CNOOC U.K. MARKETING LTD at £168.3m based on an EBITDA of £44.7m and a 3.77x industry multiple (adjusted for size and gross margin).
cnooc u.k. marketing ltd Estimated Valuation
Pomanda estimates the enterprise value of CNOOC U.K. MARKETING LTD at £89m based on Net Assets of £46.4m and 1.92x industry multiple (adjusted for liquidity).
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Cnooc U.k. Marketing Ltd Overview
Cnooc U.k. Marketing Ltd is a live company located in uxbridge, UB8 1LU with a Companies House number of 11894677. It operates in the trade of gas through mains sector, SIC Code 35230. Founded in March 2019, it's largest shareholder is cnooc international trading co. ltd with a 100% stake. Cnooc U.k. Marketing Ltd is a young, mega sized company, Pomanda has estimated its turnover at £7.9b with unknown growth in recent years.
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Cnooc U.k. Marketing Ltd Health Check
Pomanda's financial health check has awarded Cnooc U.K. Marketing Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 6 areas for improvement. Company Health Check FAQs
5 Strong
0 Regular
6 Weak
Size
annual sales of £7.9b, make it larger than the average company (£74.7m)
£7.9b - Cnooc U.k. Marketing Ltd
£74.7m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Cnooc U.k. Marketing Ltd
- - Industry AVG
Production
with a gross margin of 0.7%, this company has a higher cost of product (16.5%)
0.7% - Cnooc U.k. Marketing Ltd
16.5% - Industry AVG
Profitability
an operating margin of 0.6% make it less profitable than the average company (5.9%)
0.6% - Cnooc U.k. Marketing Ltd
5.9% - Industry AVG
Employees
with 18 employees, this is below the industry average (28)
18 - Cnooc U.k. Marketing Ltd
28 - Industry AVG
Pay Structure
on an average salary of £268.4k, the company has a higher pay structure (£60.9k)
£268.4k - Cnooc U.k. Marketing Ltd
£60.9k - Industry AVG
Efficiency
resulting in sales per employee of £439.9m, this is more efficient (£2.2m)
£439.9m - Cnooc U.k. Marketing Ltd
£2.2m - Industry AVG
Debtor Days
it gets paid by customers after 10 days, this is earlier than average (26 days)
10 days - Cnooc U.k. Marketing Ltd
26 days - Industry AVG
Creditor Days
its suppliers are paid after 5 days, this is quicker than average (18 days)
5 days - Cnooc U.k. Marketing Ltd
18 days - Industry AVG
Stock Days
it holds stock equivalent to 2 days, this is less than average (16 days)
2 days - Cnooc U.k. Marketing Ltd
16 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 20 weeks, this is more cash available to meet short term requirements (10 weeks)
20 weeks - Cnooc U.k. Marketing Ltd
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 89.9%, this is a higher level of debt than the average (67%)
89.9% - Cnooc U.k. Marketing Ltd
67% - Industry AVG
CNOOC U.K. MARKETING LTD financials
Cnooc U.K. Marketing Ltd's latest turnover from December 2023 is £7.9 billion and the company has net assets of £46.4 million. According to their latest financial statements, Cnooc U.K. Marketing Ltd has 18 employees and maintains cash reserves of £162.7 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Turnover | 7,917,623,311 | 4,509,632,422 | |||
| Other Income Or Grants | 6,655,671 | 0 | |||
| Cost Of Sales | 7,873,087,496 | 4,492,726,202 | |||
| Gross Profit | 51,191,486 | 16,906,221 | |||
| Admin Expenses | 6,528,432 | 3,330,978 | |||
| Operating Profit | 44,663,054 | 13,575,243 | |||
| Interest Payable | 775,997 | 398,209 | |||
| Interest Receivable | 1,590,480 | 747,722 | |||
| Pre-Tax Profit | 45,114,672 | 13,831,291 | |||
| Tax | -8,587,810 | -2,627,238 | |||
| Profit After Tax | 36,526,861 | 11,204,053 | |||
| Dividends Paid | 0 | 0 | |||
| Retained Profit | 36,526,861 | 11,204,053 | |||
| Employee Costs | 4,830,349 | 2,178,762 | |||
| Number Of Employees | 18 | 8 | |||
| EBITDA* | 44,678,761 | 13,575,243 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 60,477 | 126,453 | 0 | 0 | 0 |
| Intangible Assets | 140,591 | 402,922 | 0 | 0 | 0 |
| Investments & Other | 785,423 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 986,491 | 529,375 | 0 | 0 | 0 |
| Stock & work in progress | 59,757,304 | 64,785,580 | 0 | 0 | 0 |
| Trade Debtors | 231,570,845 | 268,340,402 | 0 | 0 | 0 |
| Group Debtors | 21,206 | 54,483,977 | 1,020,217 | 967,638 | 0 |
| Misc Debtors | 4,853,125 | 3,433,867 | 0 | 0 | 0 |
| Cash | 162,701,854 | 20,691,957 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 458,904,336 | 411,735,784 | 1,020,218 | 967,638 | 0 |
| total assets | 459,890,826 | 412,265,159 | 1,020,218 | 967,638 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 128,933,396 | 133,368,677 | 0 | 0 | 0 |
| Group/Directors Accounts | 277,641,376 | 260,278,040 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 65,190 | 380,929 | 0 | 0 | 0 |
| other current liabilities | 6,832,390 | 5,944,077 | 0 | 0 | 0 |
| total current liabilities | 413,472,353 | 399,971,725 | 0 | 0 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 27,489 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 27,490 | 0 | 0 | 0 |
| total liabilities | 413,472,353 | 399,999,215 | 0 | 0 | 0 |
| net assets | 46,418,473 | 12,265,944 | 1,020,218 | 967,638 | 0 |
| total shareholders funds | 46,418,473 | 12,265,944 | 1,020,218 | 967,638 | 0 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | 44,663,054 | 13,575,243 | |||
| Depreciation | 10,210 | 0 | 0 | 0 | |
| Amortisation | 5,497 | 0 | 0 | 0 | |
| Tax | -8,587,810 | -2,627,238 | |||
| Stock | -5,028,275 | 64,785,580 | 0 | 0 | 0 |
| Debtors | -89,813,069 | 325,238,029 | 52,579 | 967,638 | 0 |
| Creditors | -4,435,281 | 133,368,677 | 0 | 0 | 0 |
| Accruals and Deferred Income | 888,313 | 5,944,077 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 127,385,327 | -239,762,850 | |||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 785,423 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 17,363,336 | 260,278,040 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | -315,739 | 380,929 | 0 | 0 | 0 |
| other long term liabilities | -27,489 | 27,489 | 0 | 0 | 0 |
| share issue | |||||
| interest | 814,483 | 349,513 | |||
| cash flow from financing | 15,460,259 | 261,077,644 | |||
| cash and cash equivalents | |||||
| cash | 142,009,896 | 20,691,957 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 142,009,896 | 20,691,957 | 0 | 0 | 0 |
cnooc u.k. marketing ltd Credit Report and Business Information
Cnooc U.k. Marketing Ltd Competitor Analysis
Perform a competitor analysis for cnooc u.k. marketing ltd by selecting its closest rivals, whether from the ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY sector, other mega companies, companies in UB8 area or any other competitors across 12 key performance metrics.
cnooc u.k. marketing ltd Ownership
CNOOC U.K. MARKETING LTD group structure
Cnooc U.K. Marketing Ltd has no subsidiary companies.
Ultimate parent company
CNOOC U.K. MARKETING LTD
11894677
cnooc u.k. marketing ltd directors
Cnooc U.K. Marketing Ltd currently has 2 directors. The longest serving directors include Xiaosheng Huang (Mar 2021) and Chen Wang (Apr 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Xiaosheng Huang | United Kingdom | 51 years | Mar 2021 | - | Director |
| Chen Wang | United Kingdom | 43 years | Apr 2023 | - | Director |
P&L
December 2023turnover
7.9b
+76%
operating profit
44.7m
+229%
gross margin
0.7%
+72.46%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
46.4m
+2.78%
total assets
459.9m
+0.12%
cash
162.7m
+6.86%
net assets
Total assets minus all liabilities
cnooc u.k. marketing ltd company details
company number
11894677
Type
Private limited with Share Capital
industry
35230 - Trade of gas through mains
46711 - Wholesale of petroleum and petroleum products
50200 - Sea and coastal freight water transport
incorporation date
March 2019
age
6
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
ERNST & YOUNG LLP
address
prospect house 97 oxford road, uxbridge, UB8 1LU
Bank
-
Legal Advisor
-
cnooc u.k. marketing 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 did not find charges/mortgages relating to cnooc u.k. marketing ltd.
cnooc u.k. marketing 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.
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cnooc u.k. marketing ltd Companies House Filings - See Documents
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