oil and storage services limited

3.5

oil and storage services limited Company Information

Share OIL AND STORAGE SERVICES LIMITED
Live 
MatureSmallHealthy

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

Directors

David Simpson19 Years

Hugh Simpson19 Years

View All

Shareholders

hugh alexander simpson 50%

david james simpson 50%

oil and storage services limited Estimated Valuation

£994.7k

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

£390.5k

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

£3.2m

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).

Valuation Calculator
This valuation is estimated based on financial data from April 2023 

Oil And Storage Services Limited AI Business Plan

In just minutes, we combine Pomanda’s company and industry data with cutting edge Artificial Intelligence to build a comprehensive 27 section business plan. You then have 60 days to tailor the information, decide which sections to include or exclude, and add your own branding logos, images and color scheme to create your perfect plan.

View Sample

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.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

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

Health Check Image
Health Rating3.5out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £2.4m, make it smaller than the average company (£3.6m)

£2.4m - Oil And Storage Services Limited

£3.6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 11%, show it is growing at a faster rate (4.3%)

11% - Oil And Storage Services Limited

4.3% - Industry AVG

production

Production

with a gross margin of 17.5%, this company has a higher cost of product (38.3%)

17.5% - Oil And Storage Services Limited

38.3% - Industry AVG

profitability

Profitability

an operating margin of 5.8% make it as profitable than the average company (6.3%)

5.8% - Oil And Storage Services Limited

6.3% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (23)

1 - Oil And Storage Services Limited

23 - Industry AVG

paystructure

Pay Structure

on an average salary of £48k, the company has an equivalent pay structure (£48k)

£48k - Oil And Storage Services Limited

£48k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £2.4m, this is more efficient (£151.6k)

£2.4m - Oil And Storage Services Limited

£151.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 185 days, this is later than average (41 days)

185 days - Oil And Storage Services Limited

41 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 23 days, this is quicker than average (32 days)

23 days - Oil And Storage Services Limited

32 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Oil And Storage Services Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Oil And Storage Services Limited

- - Industry AVG

debtlevel

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

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for oil and storage services limited. Get real-time insights into oil and storage services limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Oil And Storage Services Limited Competitor Analysis

BETA
competitor_analysis_table_img

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 Shareholders

hugh alexander simpson 50%
david james simpson 50%

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).

officercountryagestartendrole
Mr David SimpsonScotland40 years Jan 2005- Director
Mr Hugh SimpsonScotland41 years Jan 2005- Director
Mr Hugh SimpsonScotland41 years Jan 2005- Director

OIL AND STORAGE SERVICES LIMITED financials

EXPORTms excel logo

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 HousePomanda Estimates

Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Turnover2,383,0482,077,8681,939,8091,731,5372,249,7932,056,3081,973,8581,815,0611,613,545148,854155,655185,013285,792897,258
Other Income Or Grants00000000000000
Cost Of Sales1,964,8361,727,7081,643,5921,437,0401,871,2351,713,7111,625,4941,498,4301,347,376124,385129,530152,157232,968719,975
Gross Profit418,211350,160296,217294,498378,558342,597348,364316,631266,16924,46926,12632,85652,824177,283
Admin Expenses279,896225,128175,606239,451294,984237,719225,841275,81337,87211,352-65,218-56,856-23,775-181,877
Operating Profit138,315125,032120,61155,04783,574104,878122,52340,818228,29713,11791,34489,71276,599359,160
Interest Payable00000000000000
Interest Receivable000000001,0942,4292,4371,8987960
Pre-Tax Profit138,315125,032120,61155,04783,574104,878122,52340,818229,39115,54693,78191,61177,395359,160
Tax-34,579-23,756-22,916-10,459-15,879-19,927-23,279-8,163-45,878-3,265-21,570-21,987-20,123-100,565
Profit After Tax103,736101,27697,69544,58867,69584,95199,24432,654183,51312,28172,21169,62457,272258,595
Dividends Paid00000000000000
Retained Profit103,736101,27697,69544,58867,69584,95199,24432,654183,51312,28172,21169,62457,272258,595
Employee Costs48,00244,78742,66742,226329,611274,025268,429269,500229,06638,25037,21137,13536,356107,271
Number Of Employees11118777611113
EBITDA*138,315125,032120,61155,04783,574104,878122,52340,818228,29730,703109,030107,53894,425375,775

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Tangible Assets206,200207,000207,800208,600209,400210,200219,047236,633254,21991,805109,391127,077144,903150,629
Intangible Assets00000000000000
Investments & Other000000000180,0000000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets206,200207,000207,800208,600209,400210,200219,047236,633254,219271,805109,391127,077144,903150,629
Stock & work in progress00000000000000
Trade Debtors1,207,9241,111,4911,002,066889,157839,027783,091710,497605,629536,85131,44334,28145,04281,301319,213
Group Debtors00000000000000
Misc Debtors00000000000000
Cash000000000437,698533,875440,902318,4230
misc current assets00000000000000
total current assets1,207,9241,111,4911,002,066889,157839,027783,091710,497605,629536,851469,141568,156485,944399,724319,213
total assets1,414,1241,318,4911,209,8661,097,7571,048,427993,291929,544842,262791,070740,946677,547613,021544,627469,842
Bank overdraft00000000000000
Bank loan00000000000000
Trade Creditors 128,789136,892129,543115,129110,387122,946144,150136,11297,57445,79242,98047,85353,96020,536
Group/Directors Accounts0000000005,60014,40014,4006,00040,711
other short term finances00000000000000
hp & lease commitments00000000000000
other current liabilities00000000000000
total current liabilities128,789136,892129,543115,129110,387122,946144,150136,11297,57451,39257,38062,25359,96061,247
loans00000000000000
hp & lease commitments00000000000000
Accruals and Deferred Income00000000000000
other liabilities000000020,00040,00060,0000000
provisions0000000009,57112,46515,27718,8000
total long term liabilities000000020,00040,00069,57112,46515,27718,8000
total liabilities128,789136,892129,543115,129110,387122,946144,150156,112137,574120,96369,84577,53078,76061,247
net assets1,285,3351,181,5991,080,323982,628938,040870,345785,394686,150653,496619,983607,702535,491465,867408,595
total shareholders funds1,285,3351,181,5991,080,323982,628938,040870,345785,394686,150653,496619,983607,702535,491465,867408,595
Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Operating Activities
Operating Profit138,315125,032120,61155,04783,574104,878122,52340,818228,29713,11791,34489,71276,599359,160
Depreciation00000000017,58617,68617,82617,82616,615
Amortisation00000000000000
Tax-34,579-23,756-22,916-10,459-15,879-19,927-23,279-8,163-45,878-3,265-21,570-21,987-20,123-100,565
Stock00000000000000
Debtors96,433109,425112,90950,13055,93672,594104,86868,778505,408-2,838-10,761-36,259-237,912319,213
Creditors-8,1037,34914,4144,742-12,559-21,2048,03838,53851,7822,812-4,873-6,10733,42420,536
Accruals and Deferred Income00000000000000
Deferred Taxes & Provisions00000000-9,571-2,894-2,812-3,52318,8000
Cash flow from operations-800-800-800-800-800-8,8472,4142,415-280,77830,19490,536112,180364,438-23,467
Investing Activities
capital expenditure8008008008008008,84717,58617,586-162,414000-12,100-167,244
Change in Investments00000000-180,000180,0000000
cash flow from investments8008008008008008,84717,58617,58617,586-180,00000-12,100-167,244
Financing Activities
Bank loans00000000000000
Group/Directors Accounts00000000-5,600-8,80008,400-34,71140,711
Other Short Term Loans 00000000000000
Long term loans00000000000000
Hire Purchase and Lease Commitments00000000000000
other long term liabilities000000-20,000-20,000-20,00060,0000000
share issue00000000-150,0000000150,000
interest000000001,0942,4292,4371,8987960
cash flow from financing000000-20,000-20,000-174,50653,6292,43710,298-33,915190,711
cash and cash equivalents
cash00000000-437,698-96,17792,973122,479318,4230
overdraft00000000000000
change in cash00000000-437,698-96,17792,973122,479318,4230

P&L

April 2023

turnover

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 2023

net 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

None

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.

charges

oil and storage services limited Companies House Filings - See Documents

datedescriptionview/download