oil brokerage services limited
oil brokerage services limited Company Information
Company Number
13650804
Website
-Registered Address
10 finsbury square, london, EC2A 1AF
Industry
Security and commodity contracts brokerage
Telephone
02074382400
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
oil brokerage holdings limited 100%
oil brokerage services limited Estimated Valuation
Pomanda estimates the enterprise value of OIL BROKERAGE SERVICES LIMITED at £141.9m based on a Turnover of £65.4m and 2.17x industry multiple (adjusted for size and gross margin).
oil brokerage services limited Estimated Valuation
Pomanda estimates the enterprise value of OIL BROKERAGE SERVICES LIMITED at £31m based on an EBITDA of £4m and a 7.84x industry multiple (adjusted for size and gross margin).
oil brokerage services limited Estimated Valuation
Pomanda estimates the enterprise value of OIL BROKERAGE SERVICES LIMITED at £725.4k based on Net Assets of £1.9m and 0.38x industry multiple (adjusted for liquidity).
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Oil Brokerage Services Limited Overview
Oil Brokerage Services Limited is a live company located in london, EC2A 1AF with a Companies House number of 13650804. It operates in the security and commodity contracts dealing activities sector, SIC Code 66120. Founded in September 2021, it's largest shareholder is oil brokerage holdings limited with a 100% stake. Oil Brokerage Services Limited is a startup, large sized company, Pomanda has estimated its turnover at £65.4m with unknown growth in recent years.
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Oil Brokerage Services Limited Health Check
Pomanda's financial health check has awarded Oil Brokerage Services Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
4 Weak
Size
annual sales of £65.4m, make it larger than the average company (£8.7m)
£65.4m - Oil Brokerage Services Limited
£8.7m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Oil Brokerage Services Limited
- - Industry AVG
Production
with a gross margin of 78.4%, this company has a comparable cost of product (78.4%)
78.4% - Oil Brokerage Services Limited
78.4% - Industry AVG
Profitability
an operating margin of 5.4% make it less profitable than the average company (11%)
5.4% - Oil Brokerage Services Limited
11% - Industry AVG
Employees
with 111 employees, this is above the industry average (15)
111 - Oil Brokerage Services Limited
15 - Industry AVG
Pay Structure
on an average salary of £484.9k, the company has a higher pay structure (£126k)
£484.9k - Oil Brokerage Services Limited
£126k - Industry AVG
Efficiency
resulting in sales per employee of £589.3k, this is more efficient (£392.1k)
£589.3k - Oil Brokerage Services Limited
£392.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Oil Brokerage Services Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 7 days, this is quicker than average (57 days)
7 days - Oil Brokerage Services Limited
57 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Oil Brokerage Services Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Oil Brokerage Services Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 92.6%, this is a higher level of debt than the average (40.5%)
92.6% - Oil Brokerage Services Limited
40.5% - Industry AVG
OIL BROKERAGE SERVICES LIMITED financials
Oil Brokerage Services Limited's latest turnover from March 2023 is £65.4 million and the company has net assets of £1.9 million. According to their latest financial statements, Oil Brokerage Services Limited has 111 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | |
|---|---|---|
| Turnover | 65,408,371 | 15,504,101 |
| Other Income Or Grants | ||
| Cost Of Sales | ||
| Gross Profit | ||
| Admin Expenses | ||
| Operating Profit | 3,548,061 | 738,291 |
| Interest Payable | 0 | 0 |
| Interest Receivable | 0 | 0 |
| Pre-Tax Profit | 3,548,061 | 738,291 |
| Tax | -2,000,000 | -367,244 |
| Profit After Tax | 1,548,061 | 371,047 |
| Dividends Paid | 0 | 0 |
| Retained Profit | 1,548,061 | 371,047 |
| Employee Costs | 53,825,842 | 13,379,709 |
| Number Of Employees | 111 | 101 |
| EBITDA* | 3,953,418 | 764,844 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | |
|---|---|---|
| Tangible Assets | 0 | 0 |
| Intangible Assets | 3,506,560 | 85,666 |
| Investments & Other | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 |
| Total Fixed Assets | 3,506,560 | 85,666 |
| Stock & work in progress | 0 | 0 |
| Trade Debtors | 0 | 0 |
| Group Debtors | 21,241,441 | 18,005,562 |
| Misc Debtors | 1,053,974 | 58,700 |
| Cash | 0 | 0 |
| misc current assets | 0 | 0 |
| total current assets | 22,295,415 | 18,064,262 |
| total assets | 25,801,975 | 18,149,928 |
| Bank overdraft | 0 | 0 |
| Bank loan | 0 | 0 |
| Trade Creditors | 305,898 | 162,559 |
| Group/Directors Accounts | 0 | 0 |
| other short term finances | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| other current liabilities | 23,576,967 | 17,616,320 |
| total current liabilities | 23,882,865 | 17,778,879 |
| loans | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 |
| other liabilities | 0 | 0 |
| provisions | 0 | 0 |
| total long term liabilities | 0 | 0 |
| total liabilities | 23,882,865 | 17,778,879 |
| net assets | 1,919,110 | 371,049 |
| total shareholders funds | 1,919,110 | 371,049 |
| Mar 2023 | Mar 2022 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | 3,548,061 | 738,291 |
| Depreciation | 0 | 0 |
| Amortisation | 405,357 | 26,553 |
| Tax | -2,000,000 | -367,244 |
| Stock | 0 | 0 |
| Debtors | 4,231,153 | 18,064,262 |
| Creditors | 143,339 | 162,559 |
| Accruals and Deferred Income | 5,960,647 | 17,616,320 |
| Deferred Taxes & Provisions | 0 | 0 |
| Cash flow from operations | 3,826,251 | 112,217 |
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | 0 | 0 |
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | 0 | 0 |
| Group/Directors Accounts | 0 | 0 |
| Other Short Term Loans | 0 | 0 |
| Long term loans | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 |
| other long term liabilities | 0 | 0 |
| share issue | ||
| interest | 0 | 0 |
| cash flow from financing | 0 | 2 |
| cash and cash equivalents | ||
| cash | 0 | 0 |
| overdraft | 0 | 0 |
| change in cash | 0 | 0 |
oil brokerage services limited Credit Report and Business Information
Oil Brokerage Services Limited Competitor Analysis
Perform a competitor analysis for oil brokerage services limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in EC2A area or any other competitors across 12 key performance metrics.
oil brokerage services limited Ownership
OIL BROKERAGE SERVICES LIMITED group structure
Oil Brokerage Services Limited has no subsidiary companies.
Ultimate parent company
OTC EUROPE HOLDINGS CORP
#0146917
2 parents
OIL BROKERAGE SERVICES LIMITED
13650804
oil brokerage services limited directors
Oil Brokerage Services Limited currently has 2 directors. The longest serving directors include Mr Enrique Loya (Sep 2021) and Mr Joseph Kelly Jr (Sep 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Enrique Loya | England | 55 years | Sep 2021 | - | Director |
| Mr Joseph Kelly Jr | England | 53 years | Sep 2021 | - | Director |
P&L
March 2023turnover
65.4m
+322%
operating profit
3.5m
+381%
gross margin
78.5%
+0.07%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
1.9m
+4.17%
total assets
25.8m
+0.42%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
oil brokerage services limited company details
company number
13650804
Type
Private limited with Share Capital
industry
66120 - Security and commodity contracts brokerage
incorporation date
September 2021
age
3
incorporated
UK
accounts
Full Accounts
ultimate parent company
previous names
N/A
last accounts submitted
March 2023
address
10 finsbury square, london, EC2A 1AF
accountant
-
auditor
BLICK ROTHENBERG AUDIT LLP
oil brokerage services 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 found 2 charges/mortgages relating to oil brokerage services limited. Currently there are 1 open charges and 1 have been satisfied in the past.
oil brokerage services limited Companies House Filings - See Documents
| date | description | view/download |
|---|
