MURCO PETROLEUM LIMITED

SUITE 1, 7TH FLOOR, 50 BROADWAY, LONDON, SW1H 0BL

Company Number: 00677691
Incorporation date: 13-Dec-1960
Status: Active
Entity type: Private Limited Company

SIC codes:
19201 Mineral oil refining
46719 Wholesale of other fuels and related products
47300 Retail sale of automotive fuel in specialised stores



SUMMARY

This company is 63.3 years old and is currently active. It is controlled by Murphy Petroleum Ltd. The company has positive equity (net assets) of GBP 44.9 thousand which has decreased from the previous year's figure of GBP 48.1 thousand. The latest reported revenue figure is GBP 3 thousandRetained earnings is negative (GBP -224.8 thousand), which means the company has aggregate losses since it's inception or it has paid more dividends than it can afford; given the company's age, this is a sign of serious financial problems. The company has 3 active officers (directors or partners) who are or were officers of 4 other companies, 2 (50.0%) of which have since been dissolved or are proposed for strike off. The company has no public disputes filed on the Business Disputes Register. There are 2 court cases involving the company that we are aware of.


FINANCIALS (BETA)

Next accounts due: 30-Sep-2024
Accounts Filed: FULL (31-Dec-2022)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
31-Dec-2019 GBP 3,017 871 145 166 850
31-Dec-2017 GBP -5,952 344 -7,352


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Dec-2019 GBP 14,750 47,573 2,661 97,372 167,777 -224,819 44,912
31-Dec-2017 GBP 12,204 46,249 3,698 97,372 167,777 -217,760 48,098

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
Insufficient available data for calculating valuations.

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
Resigned Patricia Ellen HAYLOCK 16 Jul 2001 29 Jan 2015 0 - 14
Resigned James Nicholas GOODFELLOW 30 Mar 2001 16 Jul 2001 0 - 5
Resigned James Nathaniel COPELAND 30 Mar 2001 0 - 10

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Louis UTSCH 18 Aug 2023 Vp Tax, Murphy Oil Corporation American 2 - 00 (0.0%)
Active Dale SMART 18 Aug 2023 Director Of Compliance American 2 - 00 (0.0%)
Resigned Michael Todd JACKSON 14 Oct 2014 18 Aug 2023 Legal Counsel American 0 - 53 (60.0%)
Active Earl Teddy BOTNER 14 Oct 2014 Svp, General Counsel & Corporate Secretary American 2 - 33 (60.0%)
Resigned Thomas MCKINLAY 01 Jun 2013 14 Oct 2014 Company Director British 1 - 20 (0.0%)
Resigned Steven Anthony COSSE 20 Jun 2012 30 Aug 2013 Director Usa 0 - 40 (0.0%)
Resigned Susan HOGG 06 Apr 2012 14 Oct 2014 Director Supply United States Of America 0 - 20 (0.0%)
Resigned Patricia Ellen HAYLOCK 06 Apr 2012 14 Oct 2014 Solicitor British 0 - 145 (35.7%)
Resigned John Edward FORD 24 Jan 2012 30 Apr 2014 Director, Planning And Special Projects United States Of America 0 - 20 (0.0%)
Resigned Walter Knox COMPTON 24 Mar 2011 01 Jun 2020 Senior Vice President And General Counsel American 0 - 96 (66.7%)
Resigned Bryan KELLY 01 Jul 2010 01 Jun 2013 Director American 0 - 95 (55.6%)
Resigned John Blackwell GARDNER 20 Apr 2010 18 Nov 2011 Accountant American 0 - 20 (0.0%)
Resigned James Nicholas GOODFELLOW 30 Jun 2009 14 Oct 2014 Director British 1 - 53 (50.0%)
Resigned David WOOD 02 Jun 2009 20 Jun 2012 Executive United States 0 - 20 (0.0%)
Resigned Bernard POUILLE 20 Nov 2008 02 Apr 2012 Engineer French 0 - 20 (0.0%)
Resigned Charles Austin GANUS 01 May 2008 28 Jun 2010 Director United States 0 - 63 (50.0%)
Resigned Thomas MCKINLAY 01 Jan 2007 16 Oct 2008 Supply Director British 0 - 20 (0.0%)
Resigned Simon Vint RHODES 01 Jan 2007 14 Oct 2014 Accountant British 0 - 75 (71.4%)
Resigned Jeremy CLARKE 01 Jan 2007 20 Jan 2012 Marketing Director British 0 - 32 (66.7%)
Resigned Kevin William MELNYK 10 Feb 2003 15 Jul 2005 Chem Engin Canadian 0 - 10 (0.0%)
Resigned Ernest Charles CAGLE 03 Sep 2001 31 Dec 2002 Director American 0 - 10 (0.0%)
Resigned Breffni Damien KELLY 01 May 1997 14 Jul 2003 Petroleum Executive Irish 0 - 30 (0.0%)
Resigned Stephen Robert WYLIE 01 Apr 1997 01 May 2008 Accountant British 0 - 94 (44.4%)
Resigned Herbert Adolf FOX JNR 01 Jan 1996 01 Apr 2003 Petroleum Executive American 0 - 10 (0.0%)
Resigned Steven Anthony COSSE 01 Jan 1996 01 Mar 2011 Lawyer Usa 0 - 40 (0.0%)
Resigned William Michael HULSE 01 Jan 1996 15 Nov 2006 Engineer American 0 - 84 (50.0%)
Resigned Ijaz IQBAL 01 Jan 1996 30 Jun 2009 Chartered Accountant British 0 - 53 (60.0%)
Resigned Claiborne Payne DEMING 10 May 1993 02 Jun 2009 Company Executive American 0 - 31 (33.3%)
Resigned Robert Madison MURPHY 10 May 1993 31 Dec 1995 Petroleum Company Executive American 0 - 31 (33.3%)
Resigned Barry Edward SALES 18 Dec 1997 Petroleum Executive British 0 - 21 (50.0%)
Resigned Jack Wray MCNUTT 01 Oct 1994 Us 0 - 21 (50.0%)
Resigned Gerald MCAULLY 31 Dec 1997 Petroleum Executive British 0 - 74 (57.1%)
Resigned James Nathaniel COPELAND 30 Mar 2001 Solicitor British 0 - 106 (60.0%)
Number of active directors: 3
Average tenure of active directors: 3.6 years
Average tenure of resigned directors: 4.9 years
Average active director Dissolution Rate: 20.0%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
MURPHY RETAIL ACQUISITION LIMITED (00481139) - Dissolved
MURCO PETROLEUM LIMITED (00677691) - Active
EUROPEAN PETROLEUM DISTRIBUTORS LIMITED (00754154) - Dissolved
MURPHY PETROLEUM LIMITED (00811102) - Active
ALNERY NO. 166 LIMITED (01698489) - Dissolved

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2015-10-192014-10-192013-10-192012-10-192011-10-19
MURPHY PETROLEUM LTDORDINARY97,372,452
100%
97,372,452
100%
97,372,452
100%
97,372,452
100%
97,372,452
100%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

MURCO PETROLEUM LIMITED

no controlled companies

LATE PAYMENTS REPORT


This company has not filed any late payment reports possibly because it is not considered \'Large\'.

COURT CASES


Date Title Reference Subject
2013-11-27 Galaxy Energy International Ltd v Murco Petroleum Ltd [2013] EWHC 3720 (Comm)
2013-11-27 Galaxy Energy International Ltd v Murco Petroleum Ltd [2013] EWHC 3720 (Comm)

PATENTS


No Patents found

COMPETITORS

(Based on Sic code: 19201 Mineral oil refining)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
PHILLIPS 66 LIMITED 7TH FLOOR, 200-202 ALDERSGATE STREET, LONDON, EC1A 4HD 00529086 2017-12-31 11,700,000,000 485,000,000
ESSAR OIL (UK) LIMITED THE ADMINISTRATION BUILDING 5TH FLOOR, STANLOW MANUFACTURING COMPLEX, ELLESMERE PORT, CHESHIRE, CH65 4HB 07071400 2018-03-31 5,426,600,000 161,300,000
BP OIL UK LIMITED CHERTSEY ROAD, SUNBURY ON THAMES, MIDDLESEX, TW16 7BP 00446915 2017-12-31 3,491,000,000 120,000,000
TOTAL LINDSEY OIL REFINERY LIMITED HARVEST HOUSE HORIZON BUSINESS VILLAGE, 1 BROOKLANDS ROAD, WEYBRIDGE, SURREY, UNITED KINGDOM, KT13 0TJ 00564599 2017-12-31 2,703,437,000 83,254,000 46711-Wholesale of petroleum and petroleum products
46719-Wholesale of other fuels and related products
INEOS SALES (UK) LIMITED HAWKSLEASE, CHAPEL LANE, LYNDHURST, ENGLAND, SO43 7FG 07445505 2017-12-31 1,545,044,000 2,658,000
PETROINEOS MANUFACTURING SCOTLAND LIMITED BO'NESS ROAD, GRANGEMOUTH, STIRLINGSHIRE, FK3 9XH SC010612 2017-12-31 286,672,000 27,885,000
LUBRICANTS UK LIMITED CHERTSEY ROAD, SUNBURY ON THAMES, MIDDLESEX, TW16 7BP 00097216 2017-12-31 224,534,000 34,940,000
PETRO-LUBE (UK) LIMITED SUITE NO 10 LONSTO HOUSE, 276 CHASE ROAD, SOUTHGATE, LONDON, N14 6HA 01875025 2017-12-31 581,449 0
VTL (UK) LIMITED 4385, 06769142: COMPANIES HOUSE DEFAULT ADDRESS, CARDIFF, CF14 8LH 06769142 2017-12-31 152,933 0

LIQUIDATION RISK (BETA)



This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:
Basis Liquidation within 3 months Liquidation within 6 months Liquidation within 12 months Prediction confidence
MURCO PETROLEUM LIMITED 0.7% 3.6% 7.1% Medium
Other companies Active in the same sector Too few competitors
Age 0.4% 1.4% 2.7% Medium
Company Type 0.7% 3.7% 7.4% Medium
Accounts category 0.7% 2.2% 3.8% Medium
Accounting Month 0.6% 2.4% 5.5% Medium
Sic code count 0.8% 4.4% 8.7% Medium
Do you have a dispute with a business?
Make it public