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OIL SALVAGE LIMITED
SEYMOUR CHAMBERS, 92 LONDON ROAD, LIVERPOOL, L3 5NWCompany Number: 01857473
Incorporation date: 22-Oct-1984
Status: Active
Entity type: Private Limited Company
SIC codes:
19209 Other treatment of petroleum products (excluding petrochemicals manufacture)
SUMMARY
This company is 41.1 years old and is currently active. It is controlled by multiple entities. The company has positive equity (net assets) of GBP 16.1 million which has decreased from the previous year's figure of GBP 20.4 million. The latest reported revenue figure is GBP 26.5 million which is down -20% on the previous year. The company has 3 active officers (directors or partners) who are or were officers of 4 other companies. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.FINANCIALS (BETA)
Next accounts due: 30-Sep-2026Accounts Filed: MEDIUM (31-Dec-2024)
P&L Financials:
| Year end | Currency | Revenue | Operating profit | Interest Received | Interest Paid | Tax | Net Profit GBP |
|---|---|---|---|---|---|---|---|
| 31-Dec-2023 | GBP | 26,488,846 | 4,272,047 | 121,740 | 875,478 | 3,518,309 | |
| 31-Dec-2022 | GBP | 33,950,372 | 11,535,523 | 8,644 | 2,218,658 | 9,325,509 | |
| 31-Dec-2021 | GBP | 21,019,006 | 3,749,483 | 1,243 | 59 | 714,972 | 3,035,695 |
| 31-Dec-2020 | GBP | 13,314,674 | 9,274 | 4,947 | 27 | -134,504 | 148,698 |
| 31-Dec-2019 | GBP | 18,052,448 | 2,496,498 | 26,538 | -22,655 | 2,545,691 | |
| 31-Dec-2018 | GBP | 18,643,883 | 3,627,542 | 16,679 | 618,979 | 3,025,242 | |
| 31-Dec-2017 | GBP | 15,585,878 | 2,096,238 | 9,797 | 393,750 | 1,712,285 | |
| 31-Dec-2016 | GBP | 13,133,930 | 2,248,775 | 2,566 | 455,117 | 1,796,224 |
Balance Sheet Financials:
| Year end | Currency | Cash | Current Assets | Current Liabilities | Debt | Share Capital | Premium Reserve | Retained Earnings | Net Assets |
|---|---|---|---|---|---|---|---|---|---|
| 31-Dec-2023 | GBP | 5,109,032 | 12,814,491 | 41,825 | 101,000 | 15,967,531 | 16,068,531 | ||
| 31-Dec-2022 | GBP | 8,402,764 | 15,331,305 | 135,519 | 101,000 | 20,319,222 | 20,420,222 | ||
| 31-Dec-2021 | GBP | 4,027,264 | 9,162,934 | 160,889 | 101,000 | 12,459,713 | 12,560,713 | ||
| 31-Dec-2020 | GBP | 3,641,219 | 7,717,509 | 150,965 | 1,500,000 | 101,000 | 10,509,018 | 10,610,018 | |
| 31-Dec-2019 | GBP | 656,575 | 7,062,209 | 132,664 | 101,000 | 11,246,320 | 11,347,320 | ||
| 31-Dec-2018 | GBP | 3,732,958 | 7,622,709 | 101,000 | 9,713,629 | 9,814,629 | |||
| 31-Dec-2017 | GBP | 2,319,708 | 7,994,918 | 205,344 | 101,000 | 7,600,387 | 7,701,387 | ||
| 31-Dec-2016 | GBP | 2,638,316 | 6,531,636 | 167,537 | 101,000 | 6,459,912 | 6,560,912 | ||
| 31-Dec-2015 | GBP | 50,393 | 101,000 | 5,097,840 | 5,198,840 |
VALUATION EVENTS (BETA)
| Year end | Currency | % Equity | Sum raised | Pre-Money Valuation* | Post-Money Valuation* | Enterprise Value** |
|---|
DISPUTES
No disputes filed on www.disputesregister.orgCOMPANY SECRETARY
| Status | Name | Appointed on | Resigned on | Occupation | Nationality | All apointments (active/resigned) |
|---|---|---|---|---|---|---|
| Active | Linzi VERNON | 30 Jun 2000 | 06 Nov 2025 | British | 7 - 0 | |
| Resigned | Vincent VERNON | 30 Jun 2000 | British | 0 - 5 |
DIRECTORS
| Status | Name | Appointed on | Resigned on | Occupation | Nationality | All appointments (active/resigned) |
Dissolved companies (rate) |
|---|---|---|---|---|---|---|---|
| Active | James VERNON | 01 Jan 1995 | Company Director | British | 4 - 0 | 1 (25.0%) | |
| Active | Linzi VERNON | 01 Jan 1993 | Company Director | British | 7 - 0 | 2 (28.6%) | |
| Active | Mitchel VERNON | 01 Jan 1993 | Company Director | British | 5 - 0 | 1 (20.0%) | |
| Active | Vincent Robert VERNON | Dealer In Waste Oil | British | 3 - 0 | 1 (33.3%) | ||
| Resigned | Vincent VERNON | 06 Sep 2023 | Dealer In Waste Oil | British | 0 - 5 | 1 (20.0%) |
Average tenure of active directors: 24.2 years
Average tenure of resigned directors: 0.0 years
Average active director Dissolution Rate: 26.7%
DIRECTOR APPOINTMENTS IN OTHER COMPANIES
|
Name
|
|||||
|---|---|---|---|---|---|
| OIL SALVAGE LIMITED (01857473) - Active | ✔ | ✔ | ✔ | ✔ | |
| VERNON DEVELOPMENTS UK LTD (05015617) - Active | ✔ | ✔ | ✔ | ✔ | |
| BRITNOR LTD (05551975) - Active - Proposal to Strike off | ✔ | ✔ | ✔ | ✔ | |
| LYSTER HOLDINGS LTD (11099036) - Active | ✔ | ✔ | ✔ | ||
| VERNON VENTURES UK LIMITED (16714514) - Active | ✔ |
SHAREHOLDERS (BETA)
| Shareholder name | Share class | Shares at confirmation date | ||||
|---|---|---|---|---|---|---|
| 2018-12-02 | 2015-12-02 | 2014-12-02 | 2013-12-02 | 2012-12-02 | ||
| LYSTER HOLDINGS LTD | PREFERENCE | 100,000 99.0% | 0 0% | 0 0% | 0 0% | 0 0% |
| LYSTER HOLDINGS LTD | ORDINARY | 1,000 0.990% | 0 0% | 0 0% | 0 0% | 0 0% |
| VINCENT VERNON | PREFERENCE | 0 0% | 100,000 99.0% | 100,000 99.0% | 100,000 99.0% | 0 0% |
| VINCENT VERNON | ORDINARY | 0 0% | 600 0.594% | 600 0.594% | 600 0.594% | 600 60% |
| LINZI VERNON | ORDINARY | 0 0% | 100 0.099% | 100 0.099% | 100 0.099% | 100 10% |
| MITCHEL VERNON | ORDINARY | 0 0% | 100 0.099% | 100 0.099% | 100 0.099% | 100 10% |
| VINCENT ROBERT VERNON | ORDINARY | 0 0% | 100 0.099% | 100 0.099% | 100 0.099% | 100 10% |
| JAMES VERNON | ORDINARY | 0 0% | 100 0.099% | 100 0.099% | 100 0.099% | 100 10% |
SHAREHOLDINGS (BETA)
no shareholding data
CONTROLLED COMPANIES / CONTROLLING ENTITIES
Controlling entities above
OIL SALVAGE 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
No Court Cases found
PATENTS
No Patents found
COMPETITORS
(Based on Sic code:
19209 Other treatment of petroleum products (excluding petrochemicals manufacture))
| Company | Registered Address | Company Number | YE Date | Revenue GBP | Net Profit GBP | Other SIC codes |
|---|---|---|---|---|---|---|
| TOTAL UK LIMITED | 10 UPPER BANK STREET (19TH FLOOR), CANARY WHARF, LONDON, E14 5BF | 00553535 | 2017-12-31 | 562,000,000 | 2,000,000 |
46711-Wholesale of petroleum and petroleum products 46719-Wholesale of other fuels and related products 70100-Activities of head offices |
| FUCHS LUBRICANTS (UK) PLC | NEW CENTURY STREET, HANLEY, STOKE ON TRENT, STAFFORDSHIRE, ST1 5HU | 02412689 | 2017-12-31 | 126,074,000 | 6,280,000 | |
| PATERSON ENTERPRISES LIMITED | 38-41 CASTLE FOREGATE, SHREWSBURY, SHROPSHIRE, SY1 2EL | 04930959 | 2018-07-31 | 64,119,000 | 1,827,000 |
55300-Recreational vehicle parks, trailer parks and camping grounds |
| OIL SALVAGE LIMITED | SEYMOUR CHAMBERS, 92 LONDON ROAD, LIVERPOOL, L3 5NW | 01857473 | 2017-12-31 | 15,585,878 | 0 | |
| C GANT TRANSPORT LIMITED | 181 CATHERINE WAY, BATHEASTON, BATH, AVON, UNITED KINGDOM, BA1 7PA | 10178695 | 2018-05-31 | 39,096 | 0 | |
| ADJ LOGISTICS LIMITED | 24 CHELMER CLOSE, TAUNTON, SOMERSET, UNITED KINGDOM, TA1 2TB | 09807136 | 2018-04-30 | 19,980 | 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 |
|---|---|---|---|---|
| OIL SALVAGE 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 | 0.1% | 3.3% | 3.3% | Medium |
| Accounting Month | 0.6% | 2.4% | 5.5% | Medium |
| Sic code count | 0.7% | 3.5% | 7.0% | Medium |
