oil and storage services limited Company Information
Company Number
SC277328
Website
-Registered Address
19 newton avenue, wick, caithness, KW1 5LJ
Industry
Other business support service activities n.e.c.
Telephone
-
Next Accounts Due
January 2025
Group Structure
View All
Shareholders
hugh alexander simpson 50%
david james simpson 50%
oil and storage services limited Estimated Valuation
Pomanda estimates the enterprise value of OIL AND STORAGE SERVICES LIMITED at £994.7k based on a Turnover of £2.4m and 0.42x industry multiple (adjusted for size and gross margin).
oil and storage services limited Estimated Valuation
Pomanda estimates the enterprise value of OIL AND STORAGE SERVICES LIMITED at £390.5k based on an EBITDA of £138.3k and a 2.82x industry multiple (adjusted for size and gross margin).
oil and storage services limited Estimated Valuation
Pomanda estimates the enterprise value of OIL AND STORAGE SERVICES LIMITED at £3.2m based on Net Assets of £1.3m and 2.5x industry multiple (adjusted for liquidity).
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Oil And Storage Services Limited Overview
Oil And Storage Services Limited is a live company located in caithness, KW1 5LJ with a Companies House number of SC277328. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in December 2004, it's largest shareholder is hugh alexander simpson with a 50% stake. Oil And Storage Services Limited is a mature, small sized company, Pomanda has estimated its turnover at £2.4m with healthy growth in recent years.
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Oil And Storage Services Limited Health Check
Pomanda's financial health check has awarded Oil And Storage Services Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £2.4m, make it smaller than the average company (£3.6m)
- Oil And Storage Services Limited
£3.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 11%, show it is growing at a faster rate (4.3%)
- Oil And Storage Services Limited
4.3% - Industry AVG
Production
with a gross margin of 17.5%, this company has a higher cost of product (38.3%)
- Oil And Storage Services Limited
38.3% - Industry AVG
Profitability
an operating margin of 5.8% make it as profitable than the average company (6.3%)
- Oil And Storage Services Limited
6.3% - Industry AVG
Employees
with 1 employees, this is below the industry average (23)
1 - Oil And Storage Services Limited
23 - Industry AVG
Pay Structure
on an average salary of £48k, the company has an equivalent pay structure (£48k)
- Oil And Storage Services Limited
£48k - Industry AVG
Efficiency
resulting in sales per employee of £2.4m, this is more efficient (£151.6k)
- Oil And Storage Services Limited
£151.6k - Industry AVG
Debtor Days
it gets paid by customers after 185 days, this is later than average (41 days)
- Oil And Storage Services Limited
41 days - Industry AVG
Creditor Days
its suppliers are paid after 23 days, this is quicker than average (32 days)
- Oil And Storage Services Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Oil And Storage Services Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Oil And Storage Services Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 9.1%, this is a lower level of debt than the average (61.3%)
9.1% - Oil And Storage Services Limited
61.3% - Industry AVG
oil and storage services limited Credit Report and Business Information
Oil And Storage Services Limited Competitor Analysis
Perform a competitor analysis for oil and storage services limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
oil and storage services limited Ownership
OIL AND STORAGE SERVICES LIMITED group structure
Oil And Storage Services Limited has 1 subsidiary company.
Ultimate parent company
OIL AND STORAGE SERVICES LIMITED
SC277328
1 subsidiary
oil and storage services limited directors
Oil And Storage Services Limited currently has 3 directors. The longest serving directors include Mr David Simpson (Jan 2005) and Mr Hugh Simpson (Jan 2005).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr David Simpson | Scotland | 40 years | Jan 2005 | - | Director |
Mr Hugh Simpson | Scotland | 41 years | Jan 2005 | - | Director |
Mr Hugh Simpson | Scotland | 41 years | Jan 2005 | - | Director |
OIL AND STORAGE SERVICES LIMITED financials
Oil And Storage Services Limited's latest turnover from April 2023 is estimated at £2.4 million and the company has net assets of £1.3 million. According to their latest financial statements, Oil And Storage Services Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | ||||||||||||||
Other Income Or Grants | ||||||||||||||
Cost Of Sales | ||||||||||||||
Gross Profit | ||||||||||||||
Admin Expenses | ||||||||||||||
Operating Profit | ||||||||||||||
Interest Payable | ||||||||||||||
Interest Receivable | ||||||||||||||
Pre-Tax Profit | ||||||||||||||
Tax | ||||||||||||||
Profit After Tax | ||||||||||||||
Dividends Paid | ||||||||||||||
Retained Profit | ||||||||||||||
Employee Costs | ||||||||||||||
Number Of Employees | 1 | 1 | 1 | 1 | ||||||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 206,200 | 207,000 | 207,800 | 208,600 | 209,400 | 210,200 | 219,047 | 236,633 | 254,219 | 91,805 | 109,391 | 127,077 | 144,903 | 150,629 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 180,000 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 206,200 | 207,000 | 207,800 | 208,600 | 209,400 | 210,200 | 219,047 | 236,633 | 254,219 | 271,805 | 109,391 | 127,077 | 144,903 | 150,629 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 1,207,924 | 1,111,491 | 1,002,066 | 889,157 | 839,027 | 783,091 | 710,497 | 605,629 | 536,851 | 31,443 | 34,281 | 45,042 | 81,301 | 319,213 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 437,698 | 533,875 | 440,902 | 318,423 | 0 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 1,207,924 | 1,111,491 | 1,002,066 | 889,157 | 839,027 | 783,091 | 710,497 | 605,629 | 536,851 | 469,141 | 568,156 | 485,944 | 399,724 | 319,213 |
total assets | 1,414,124 | 1,318,491 | 1,209,866 | 1,097,757 | 1,048,427 | 993,291 | 929,544 | 842,262 | 791,070 | 740,946 | 677,547 | 613,021 | 544,627 | 469,842 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 128,789 | 136,892 | 129,543 | 115,129 | 110,387 | 122,946 | 144,150 | 136,112 | 97,574 | 45,792 | 42,980 | 47,853 | 53,960 | 20,536 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5,600 | 14,400 | 14,400 | 6,000 | 40,711 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 128,789 | 136,892 | 129,543 | 115,129 | 110,387 | 122,946 | 144,150 | 136,112 | 97,574 | 51,392 | 57,380 | 62,253 | 59,960 | 61,247 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 20,000 | 40,000 | 60,000 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9,571 | 12,465 | 15,277 | 18,800 | 0 |
total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 20,000 | 40,000 | 69,571 | 12,465 | 15,277 | 18,800 | 0 |
total liabilities | 128,789 | 136,892 | 129,543 | 115,129 | 110,387 | 122,946 | 144,150 | 156,112 | 137,574 | 120,963 | 69,845 | 77,530 | 78,760 | 61,247 |
net assets | 1,285,335 | 1,181,599 | 1,080,323 | 982,628 | 938,040 | 870,345 | 785,394 | 686,150 | 653,496 | 619,983 | 607,702 | 535,491 | 465,867 | 408,595 |
total shareholders funds | 1,285,335 | 1,181,599 | 1,080,323 | 982,628 | 938,040 | 870,345 | 785,394 | 686,150 | 653,496 | 619,983 | 607,702 | 535,491 | 465,867 | 408,595 |
Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | ||||||||||||||
Depreciation | 17,586 | 17,686 | 17,826 | 17,826 | 16,615 | |||||||||
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
Tax | ||||||||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | 96,433 | 109,425 | 112,909 | 50,130 | 55,936 | 72,594 | 104,868 | 68,778 | 505,408 | -2,838 | -10,761 | -36,259 | -237,912 | 319,213 |
Creditors | -8,103 | 7,349 | 14,414 | 4,742 | -12,559 | -21,204 | 8,038 | 38,538 | 51,782 | 2,812 | -4,873 | -6,107 | 33,424 | 20,536 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -9,571 | -2,894 | -2,812 | -3,523 | 18,800 | 0 |
Cash flow from operations | ||||||||||||||
Investing Activities | ||||||||||||||
capital expenditure | ||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -180,000 | 180,000 | 0 | 0 | 0 | 0 |
cash flow from investments | ||||||||||||||
Financing Activities | ||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -5,600 | -8,800 | 0 | 8,400 | -34,711 | 40,711 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | -20,000 | -20,000 | -20,000 | 60,000 | 0 | 0 | 0 | 0 |
share issue | ||||||||||||||
interest | ||||||||||||||
cash flow from financing | ||||||||||||||
cash and cash equivalents | ||||||||||||||
cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -437,698 | -96,177 | 92,973 | 122,479 | 318,423 | 0 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -437,698 | -96,177 | 92,973 | 122,479 | 318,423 | 0 |
P&L
April 2023turnover
2.4m
+15%
operating profit
138.3k
0%
gross margin
17.6%
+4.14%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
1.3m
+0.09%
total assets
1.4m
+0.07%
cash
0
0%
net assets
Total assets minus all liabilities
oil and storage services limited company details
company number
SC277328
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
December 2004
age
20
accounts
Micro-Entity Accounts
ultimate parent company
previous names
macrocom (898) limited (June 2005)
incorporated
UK
address
19 newton avenue, wick, caithness, KW1 5LJ
last accounts submitted
April 2023
oil and storage 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 did not find charges/mortgages relating to oil and storage services limited.
oil and storage services limited Companies House Filings - See Documents
date | description | view/download |
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