petroineos manufacturing scotland limited

petroineos manufacturing scotland limited Company Information

Share PETROINEOS MANUFACTURING SCOTLAND LIMITED
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Company Number

SC010612

Industry

Mineral oil refining

 

Shareholders

petroineos refining limited

Group Structure

View All

Contact

Registered Address

bo'ness road grangemouth, stirlingshire, FK3 9XH

petroineos manufacturing scotland limited Estimated Valuation

£738.1m

Pomanda estimates the enterprise value of PETROINEOS MANUFACTURING SCOTLAND LIMITED at £738.1m based on a Turnover of £482m and 1.53x industry multiple (adjusted for size and gross margin).

petroineos manufacturing scotland limited Estimated Valuation

£1.2b

Pomanda estimates the enterprise value of PETROINEOS MANUFACTURING SCOTLAND LIMITED at £1.2b based on an EBITDA of £125.5m and a 9.22x industry multiple (adjusted for size and gross margin).

petroineos manufacturing scotland limited Estimated Valuation

£32.7m

Pomanda estimates the enterprise value of PETROINEOS MANUFACTURING SCOTLAND LIMITED at £32.7m based on Net Assets of £17.8m and 1.84x industry multiple (adjusted for liquidity).

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Petroineos Manufacturing Scotland Limited Overview

Petroineos Manufacturing Scotland Limited is a live company located in stirlingshire, FK3 9XH with a Companies House number of SC010612. It operates in the mineral oil refining sector, SIC Code 19201. Founded in September 1919, it's largest shareholder is petroineos refining limited with a 100% stake. Petroineos Manufacturing Scotland Limited is a mature, mega sized company, Pomanda has estimated its turnover at £482m with high growth in recent years.

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Petroineos Manufacturing Scotland Limited Health Check

Pomanda's financial health check has awarded Petroineos Manufacturing Scotland Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

8 Strong

positive_score

0 Regular

positive_score

4 Weak

size

Size

annual sales of £482m, make it larger than the average company (£362.5m)

£482m - Petroineos Manufacturing Scotland Limited

£362.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 24%, show it is growing at a faster rate (8.5%)

24% - Petroineos Manufacturing Scotland Limited

8.5% - Industry AVG

production

Production

with a gross margin of 25.6%, this company has a lower cost of product (14.9%)

25.6% - Petroineos Manufacturing Scotland Limited

14.9% - Industry AVG

profitability

Profitability

an operating margin of 24.8% make it more profitable than the average company (4.8%)

24.8% - Petroineos Manufacturing Scotland Limited

4.8% - Industry AVG

employees

Employees

with 494 employees, this is above the industry average (158)

494 - Petroineos Manufacturing Scotland Limited

158 - Industry AVG

paystructure

Pay Structure

on an average salary of £70.2k, the company has a lower pay structure (£89.7k)

£70.2k - Petroineos Manufacturing Scotland Limited

£89.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £975.6k, this is less efficient (£3.8m)

£975.6k - Petroineos Manufacturing Scotland Limited

£3.8m - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 0 days, this is earlier than average (13 days)

0 days - Petroineos Manufacturing Scotland Limited

13 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 12 days, this is quicker than average (16 days)

12 days - Petroineos Manufacturing Scotland Limited

16 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 9 days, this is less than average (12 days)

9 days - Petroineos Manufacturing Scotland Limited

12 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (2 weeks)

0 weeks - Petroineos Manufacturing Scotland Limited

2 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 96%, this is a higher level of debt than the average (72.4%)

96% - Petroineos Manufacturing Scotland Limited

72.4% - Industry AVG

PETROINEOS MANUFACTURING SCOTLAND LIMITED financials

EXPORTms excel logo

Petroineos Manufacturing Scotland Limited's latest turnover from December 2022 is £482 million and the company has net assets of £17.8 million. According to their latest financial statements, Petroineos Manufacturing Scotland Limited has 494 employees and maintains cash reserves of £970 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover481,967,000260,855,000209,862,000255,168,000281,103,000286,672,000250,680,000288,715,000240,296,000214,959,000208,231,000291,120,000450,933,000389,055,000
Other Income Or Grants00000000000000
Cost Of Sales358,456,000298,124,000238,314,000267,419,000271,232,000248,933,000237,214,000262,861,000246,106,000241,602,000221,538,000276,047,000365,764,000349,703,000
Gross Profit123,511,000-37,269,000-28,452,000-12,251,0009,871,00037,739,00013,466,00025,854,000-5,810,000-26,643,000-13,307,00015,073,00085,169,00039,352,000
Admin Expenses4,224,0004,273,00051,949,0004,621,0004,380,0004,612,0003,871,0005,928,0005,272,000-9,404,0002,887,0003,215,0004,707,0004,807,000
Operating Profit119,287,000-41,542,000-80,401,000-16,872,0005,491,00033,127,0009,595,00019,926,000-11,082,000-17,239,000-16,194,00011,858,00080,462,00034,545,000
Interest Payable12,619,0009,277,0009,465,0009,403,0007,656,0007,836,0007,075,0008,269,0007,607,00017,000,0007,819,00045,914,00092,857,00044,325,000
Interest Receivable808,000251,0000147,000000006,535,0006,398,00015,734,00020,636,00016,364,000
Pre-Tax Profit107,476,000-50,568,000-89,866,000-26,128,000-2,165,00025,291,0002,520,00011,657,000-18,689,000-20,851,000-17,615,00093,932,0008,241,0006,584,000
Tax-26,542,00033,259,00019,590,0004,170,000-1,943,0002,594,000-4,754,000-10,101,0002,848,000-879,000-10,531,000-76,461,000-1,361,000-1,485,000
Profit After Tax80,934,000-17,309,000-70,276,000-21,958,000-4,108,00027,885,000-2,234,0001,556,000-15,841,000-21,730,000-28,146,00017,471,0006,880,0005,099,000
Dividends Paid00000000000000
Retained Profit80,934,000-17,309,000-70,276,000-21,958,000-4,108,00027,885,000-2,234,0001,556,000-15,841,000-21,730,000-28,146,00017,471,0006,880,0005,099,000
Employee Costs34,692,00042,256,00042,192,00045,028,00040,421,00042,770,00034,938,00030,996,00032,383,00035,268,00033,989,00045,109,00093,194,00085,655,000
Number Of Employees4945596165995905344934474074033905951,2051,210
EBITDA*125,453,00028,939,000-1,732,00051,810,00061,661,00087,617,00065,010,00083,773,00047,563,000-65,108,00029,815,00075,279,000177,628,000130,408,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets193,810,000169,790,000541,765,000608,422,000528,497,000506,292,000484,901,000479,849,000518,975,000490,588,000463,744,000390,004,000897,148,000899,553,000
Intangible Assets3,450,000239,0005,166,0001,746,0002,335,0004,621,0006,916,0008,650,0009,834,00000000
Investments & Other00000000000000
Debtors (Due After 1 year)9,026,00039,968,0000010,740,0007,115,0006,903,00015,624,00050,277,00042,403,00037,717,00038,879,00091,786,0000
Total Fixed Assets206,286,000209,997,000546,931,000610,168,000541,572,000518,028,000498,720,000504,123,000579,086,000532,991,000501,461,000428,883,000988,934,000899,553,000
Stock & work in progress9,063,00012,118,00013,180,00024,264,00015,231,00015,530,00016,931,00017,806,0004,756,0001,228,0002,589,0004,069,00021,074,00022,991,000
Trade Debtors46,00041,00042,000402,0001,790,0001,738,0002,189,00071,000667,000293,000150,00002,944,0002,464,000
Group Debtors97,464,00067,929,00052,324,00041,726,00046,259,00049,037,00033,487,00035,026,00033,108,00012,107,00023,751,00038,264,000310,882,000299,838,000
Misc Debtors126,407,000140,718,00051,672,00045,840,00037,914,00041,387,00055,255,00033,416,0001,866,0002,530,0009,150,0004,493,00016,157,00075,863,000
Cash970,0001,116,0001,065,0001,082,000284,000668,0001,229,000834,000508,000887,000780,000588,00044,00024,000
misc current assets0013,009,00000000000000
total current assets233,950,000221,922,000131,292,000113,314,000101,478,000108,360,000109,091,00087,153,00040,905,00017,045,00036,420,00047,414,000351,101,000401,180,000
total assets440,236,000431,919,000678,223,000723,482,000643,050,000626,388,000607,811,000591,276,000619,991,000550,036,000537,881,000476,297,0001,340,035,0001,300,733,000
Bank overdraft00000000000000
Bank loan00000000000000
Trade Creditors 12,685,00016,175,00012,690,00014,887,00021,176,00015,495,00017,720,00015,544,00020,795,00020,385,00016,496,0007,133,00041,512,00031,290,000
Group/Directors Accounts303,918,000384,217,000342,215,000336,122,000245,230,000230,518,000233,573,000230,454,000258,746,000168,541,000122,590,00027,932,000177,051,000148,207,000
other short term finances00000000000000
hp & lease commitments104,0001,411,0002,741,0005,241,000110,00000033,00067,00067,00033,000168,0000
other current liabilities95,242,00051,483,00062,652,00055,088,00044,720,00042,066,00036,474,00028,580,00020,714,00029,006,00027,863,00033,225,00054,729,00051,441,000
total current liabilities411,949,000453,286,000420,298,000411,338,000311,236,000288,079,000287,767,000274,578,000300,288,000217,999,000167,016,00068,323,000273,460,000230,938,000
loans000000000000973,076,000973,076,000
hp & lease commitments9,523,00010,973,00015,445,0007,512,000664,000000033,000100,000167,000839,0000
Accruals and Deferred Income00000000000000
other liabilities00000000000000
provisions947,0001,240,0002,500,0000021,555,00061,257,00018,325,00030,047,0000550,0008,491,00018,920,00032,423,000
total long term liabilities10,470,00012,213,00017,945,00014,838,000664,00021,555,00061,257,00018,325,00030,047,00019,759,00024,543,00034,925,0001,094,924,0001,084,806,000
total liabilities422,419,000465,499,000438,243,000426,176,000311,900,000309,634,000349,024,000292,903,000330,335,000237,758,000191,559,000103,248,0001,368,384,0001,315,744,000
net assets17,817,000-33,580,000239,980,000297,306,000331,150,000316,754,000258,787,000298,373,000289,656,000312,278,000346,322,000373,049,000-28,349,000-15,011,000
total shareholders funds17,817,000-33,580,000239,980,000297,306,000331,150,000316,754,000258,787,000298,373,000289,656,000312,278,000346,322,000373,049,000-28,349,000-15,011,000
Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit119,287,000-41,542,000-80,401,000-16,872,0005,491,00033,127,0009,595,00019,926,000-11,082,000-17,239,000-16,194,00011,858,00080,462,00034,545,000
Depreciation6,072,00070,803,00077,982,00068,436,00053,618,00052,195,00053,681,00062,663,00058,032,000-47,869,00046,009,00063,421,00097,166,00095,863,000
Amortisation94,000-322,000687,000246,0002,552,0002,295,0001,734,0001,184,000613,00000000
Tax-26,542,00033,259,00019,590,0004,170,000-1,943,0002,594,000-4,754,000-10,101,0002,848,000-879,000-10,531,000-76,461,000-1,361,000-1,485,000
Stock-3,055,000-1,062,000-11,084,0009,033,000-299,000-1,401,000-875,00013,050,0003,528,000-1,361,000-1,480,000-17,005,000-1,917,00022,991,000
Debtors-15,713,000144,618,00016,070,000-8,735,000-2,574,0001,443,00013,697,000-1,781,00028,585,000-13,435,000-10,868,000-340,133,00043,604,000378,165,000
Creditors-3,490,0003,485,000-2,197,000-6,289,0005,681,000-2,225,0002,176,000-5,251,000410,0003,889,0009,363,000-34,379,00010,222,00031,290,000
Accruals and Deferred Income43,759,000-11,169,0007,564,00010,368,0002,654,0005,592,0007,894,0007,866,000-8,292,0001,143,000-5,362,000-21,504,0003,288,00051,441,000
Deferred Taxes & Provisions-293,000-1,260,0002,500,0000-21,555,000-39,702,00042,932,000-11,722,00030,047,000-550,000-7,941,000-10,429,000-13,503,00032,423,000
Cash flow from operations157,655,000-90,302,00020,739,00059,761,00049,371,00053,834,000100,436,00053,296,00040,463,000-46,709,00027,692,000289,644,000134,587,000-157,079,000
Investing Activities
capital expenditure-33,397,000306,421,000-15,432,000-148,018,000-76,089,000-73,586,000-58,733,000-23,537,000-96,866,00021,025,000-119,749,000443,723,000-94,761,000-995,416,000
Change in Investments00000000000000
cash flow from investments-33,397,000306,421,000-15,432,000-148,018,000-76,089,000-73,586,000-58,733,000-23,537,000-96,866,00021,025,000-119,749,000443,723,000-94,761,000-995,416,000
Financing Activities
Bank loans00000000000000
Group/Directors Accounts-80,299,00042,002,0006,093,00090,892,00014,712,000-3,055,0003,119,000-28,292,00090,205,00045,951,00094,658,000-149,119,00028,844,000148,207,000
Other Short Term Loans 00000000000000
Long term loans00000000000-973,076,0000973,076,000
Hire Purchase and Lease Commitments-2,757,000-5,802,0005,433,00011,979,000774,00000-33,000-67,000-67,000-33,000-807,0001,007,0000
other long term liabilities00000000000000
share issue-29,537,000-256,251,00012,950,000-11,886,00018,504,00030,082,000-37,352,0007,161,000-6,781,000-12,314,0001,419,000383,927,000-20,218,000-20,110,000
interest-11,811,000-9,026,000-9,465,000-9,256,000-7,656,000-7,836,000-7,075,000-8,269,000-7,607,000-10,465,000-1,421,000-30,180,000-72,221,000-27,961,000
cash flow from financing-124,404,000-229,077,00015,011,00081,729,00026,334,00019,191,000-41,308,000-29,433,00075,750,00023,105,00094,623,000-769,255,000-62,588,0001,073,212,000
cash and cash equivalents
cash-146,00051,000-17,000798,000-384,000-561,000395,000326,000-379,000107,000192,000544,00020,00024,000
overdraft00000000000000
change in cash-146,00051,000-17,000798,000-384,000-561,000395,000326,000-379,000107,000192,000544,00020,00024,000

petroineos manufacturing scotland limited Credit Report and Business Information

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Petroineos Manufacturing Scotland Limited Competitor Analysis

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Perform a competitor analysis for petroineos manufacturing scotland limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mega companies, companies in FK3 area or any other competitors across 12 key performance metrics.

petroineos manufacturing scotland limited Ownership

PETROINEOS MANUFACTURING SCOTLAND LIMITED group structure

Petroineos Manufacturing Scotland Limited has no subsidiary companies.

Ultimate parent company

PETROINEOS REFINING LTD

#0081025

1 parent

PETROINEOS MANUFACTURING SCOTLAND LIMITED

SC010612

PETROINEOS MANUFACTURING SCOTLAND LIMITED Shareholders

petroineos refining limited 100%

petroineos manufacturing scotland limited directors

Petroineos Manufacturing Scotland Limited currently has 7 directors. The longest serving directors include Mr Anthony Traynor (Apr 2007) and Mr Russell Mann (Jul 2011).

officercountryagestartendrole
Mr Anthony Traynor61 years Apr 2007- Director
Mr Russell MannUk58 years Jul 2011- Director
Mr Gong Wang47 years Oct 2017- Director
Mr Franck Demay65 years Apr 2019- Director
Mr Andrew Pizzey54 years Feb 2021- Director
Xinhong Wang56 years Dec 2022- Director
Shilong Wang50 years Dec 2024- Director

P&L

December 2022

turnover

482m

+85%

operating profit

119.3m

-387%

gross margin

25.7%

-279.37%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2022

net assets

17.8m

-1.53%

total assets

440.2m

+0.02%

cash

970k

-0.13%

net assets

Total assets minus all liabilities

petroineos manufacturing scotland limited company details

company number

SC010612

Type

Private limited with Share Capital

industry

19201 - Mineral oil refining

incorporation date

September 1919

age

106

incorporated

UK

ultimate parent company

PETROINEOS REFINING LTD

accounts

Full Accounts

last accounts submitted

December 2022

previous names

ineos manufacturing scotland limited (September 2012)

innovene manufacturing scotland limited (June 2006)

accountant

-

auditor

DELIOTTE LLP

address

bo'ness road grangemouth, stirlingshire, FK3 9XH

Bank

CLYDESDALE BANK

Legal Advisor

-

petroineos manufacturing scotland 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 6 charges/mortgages relating to petroineos manufacturing scotland limited. Currently there are 3 open charges and 3 have been satisfied in the past.

petroineos manufacturing scotland 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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petroineos manufacturing scotland limited Companies House Filings - See Documents

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