KUWAIT PETROLEUM (U.K. HOLDINGS) LIMITED

DUKES COURT, DUKE STREET, WOKING, SURREY, GU21 5BH

Company Number: 02063581
Incorporation date: 10-Oct-1986
Status: Active
Entity type: Private Limited Company

SIC codes:
46711 Wholesale of petroleum and petroleum products

SUMMARY

This company is 39.2 years old and is currently active. It is controlled by State Of Kuwait. The company has negative equity (net assets) of GBP -210.8 million but has improved from GBP -253.9 million in the previous year. The company is both loss making and has negative equity, it is therefore likely to go bankrupt unless it can raise funding or business has improved since the last accounts were filed. Retained earnings is negative (GBP -343 million), 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 7 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: 31-Dec-2025
Accounts Filed: FULL (31-Mar-2024)

P&L Financials:

Year end	Currency	Revenue	Operating profit	Interest Received	Interest Paid	Tax	Net Profit GBP
31-Mar-2019	GBP		-2,255,000	486,000	9,973,000	-13,000	-11,755,000
31-Mar-2018	GBP	16,000	3,339,000	491,000	10,273,000		-6,427,000
31-Mar-2017	GBP	98,000	-3,566,000	94,000	9,860,000		-12,834,000

Balance Sheet Financials:

Year end	Currency	Current Assets	Current Liabilities	Debt	Share Capital	Retained Earnings	Net Assets
31-Mar-2019	GBP	81,204,000	1,723,000	290,600,000	15,000,000	-342,998,000	-210,798,000
31-Mar-2018	GBP		10,003,000	319,348,000	15,000,000	-331,243,000	-253,876,000
31-Mar-2017	GBP		10,613,000	334,224,000	15,000,000	-324,816,000	-249,754,000

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)
Active	Magalie RUNGASAMY	17 Feb 2025	09 Dec 2025			1 - 0
Resigned	Peter COULES	17 Jan 2013	17 Feb 2025			0 - 1
Resigned	William Thomas JAMES	28 Jan 2011	17 Jan 2013			0 - 1
Resigned	Agnes THOMSON	11 Nov 2004	28 Jan 2011	Accountant	Scottish	0 - 31
Resigned	Brian Ross EDWARDS	25 Feb 1997	11 Nov 2004		British	0 - 3
Resigned	David George ROWLANDS	01 Mar 1995	10 Jan 1997	Chartered Accountant	British	0 - 10
Resigned	David George ROWLANDS		10 Jan 1997		British	0 - 10

DIRECTORS

Status	Name	Appointed on	Resigned on	Occupation	Nationality	All appointments (active/resigned)	Dissolved companies (rate)
Active	Shafi AL-AJMI	20 Nov 2022		President And Chief Executive Officer	Kuwaiti	2 - 0	0 (0.0%)
Resigned	Nawaf Saud Nasir ALSABAH	06 Mar 2019	17 Mar 2022	Director	Kuwaiti	0 - 1	0 (0.0%)
Resigned	Azzam AL-MUTAWA	30 Jan 2019	04 Aug 2022	Vp-International Operation	Kuwaiti	0 - 2	0 (0.0%)
Active	Rutger Jan Christiaan DE KREIJ	30 Jan 2019		Group Finance Director	Dutch	5 - 0	0 (0.0%)
Resigned	Nabil BOURISLI	30 Apr 2018	04 Feb 2019	President	Kuwaiti	0 - 5	0 (0.0%)
Active	Naser Mubarak Mohammed BEN-BUTAIN	01 Nov 2017		General Manager	Kuwaiti	7 - 0	0 (0.0%)
Resigned	Anthony Peter SAUNDERS	01 Nov 2017	28 Jan 2019	Group Finance Director	English	0 - 1	0 (0.0%)
Resigned	Bakheet AL-RASHIDI	03 Jun 2013	09 Jan 2018	President	Kuwaiti	0 - 5	0 (0.0%)
Resigned	Khaled Mubarak AL MUSHAILEH	13 May 2013	31 Dec 2018	Vp-Strategy & Finance	Kuwaiti	0 - 1	0 (0.0%)
Resigned	Fadhel Abdulaziz AL FARAJ	13 May 2013	24 Feb 2014		Kuwaiti	1 - 9	5 (50.0%)
Resigned	Fadhel Abdulaziz AL-FARAJ	12 May 2013	01 Nov 2017	Managing Director Global Businesses	Kuwaiti	0 - 2	0 (0.0%)
Resigned	Hussain ESMAIEL	01 Nov 2007	03 Jun 2013	Preseident Kpi	Kawaiti	0 - 4	0 (0.0%)
Resigned	Simon William Battams WHITWORTH	30 Jun 2005	14 May 2013	Solicitor	British	0 - 1	0 (0.0%)
Resigned	Abdullatif Abdullah Ebrahim AL HOUTI	30 Sep 2004	01 Nov 2007	President Kpi	Kuwaiti	0 - 5	0 (0.0%)
Resigned	Ahmad Iesa BEHBEHANI	22 Mar 2001	14 May 2013	Accountant	Kuwaiti	0 - 13	6 (46.2%)
Resigned	Jamal AL-NOURI	23 Jun 1999	30 Sep 2004	President	Kuwaiti	0 - 6	0 (0.0%)
Resigned	Alan Richard Havelock THOMAS	10 Jan 1997	22 Mar 2001		British	0 - 17	3 (17.6%)
Resigned	David George ROWLANDS	01 Mar 1995	10 Jan 1997	Chartered Accountant	British	0 - 10	0 (0.0%)
Resigned	David Ian ROBSON	08 Feb 1994	17 Oct 1996	Oil Company Executive	British	0 - 6	0 (0.0%)
Resigned	Kamel Abdullah Mohammed HARAMI	30 Oct 1992	23 Jun 1999	President	Kuwaiti	0 - 4	1 (25.0%)
Resigned	Nader SULTAN		03 Jan 1994	Oil Marketing Executive	Kuwaiti	0 - 2	0 (0.0%)
Resigned	David George ROWLANDS		10 Jan 1997		British	0 - 10	0 (0.0%)
Resigned	John Russell HOWELLS		30 Jun 2005	Finance Director	New Zealander	0 - 3	0 (0.0%)
Resigned	Nasser Salem Ali Ghuna AL-SALEM		31 Dec 1991	Oil Marketing Executive	Kuwaiti	0 - 3	0 (0.0%)

Number of active directors: 3
Average tenure of active directors: 6.0 years
Average tenure of resigned directors: 3.5 years
Average active director Dissolution Rate: 0.0%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name	Shafi AL-AJMI	Rutger Jan Christiaan DE KREIJ	Naser Mubarak Mohammed BEN-BUTAIN
KUWAIT PETROLEUM INTERNATIONAL TREASURY SERVICES LIMITED (00886981) - Active		✔
KUWAIT PETROLEUM INTERNATIONAL LIMITED (01734259) - Active	✔	✔	✔
KUWAIT PETROLEUM INTERNATIONAL AVIATION COMPANY (U.K.) LIMITED (01744961) - Active			✔
KUWAIT PETROLEUM INTERNATIONAL AVIATION COMPANY LIMITED (01747846) - Active			✔
KUWAIT PETROLEUM (U.K. HOLDINGS) LIMITED (02063581) - Active	✔	✔	✔
WAFRA INVESTMENTS LIMITED (03887124) - Active		✔	✔
SEDRA INVESTMENTS LIMITED (03887133) - Active		✔	✔
KUWAIT PETROLEUM SERVICES LIMITED (11277242) - Active			✔

SHAREHOLDERS (BETA)

Shareholder name	Share class	Shares at confirmation date
Shareholder name	Share class	2016-02-24	2015-02-24	2014-02-24	2013-02-28	2012-02-28
KPC INTERNATIONAL NV	ORDINARY	15,000,000 100.0%	15,000,000 100.0%	15,000,000 100.0%	15,000,000 100.0%	15,000,000 100.0%
KUWAIT PETROLEUM EUROPE BV	ORDINARY	99 0.001%	99 0.001%	99 0.001%	99 0.001%	99 0.001%
KUWAIT PETROLEUM AVIATION NETHERLANDS BV	ORDINARY	1 0.000%	1 0.000%	1 0.000%	0 0%	0 0%
KUWAIT PETROLEUM FINANCE BV	ORDINARY	0 0%	0 0%	0 0%	1 0.000%	1 0.000%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES

>75%:State Of Kuwait - active

Controlling entities above

KUWAIT PETROLEUM (U.K. HOLDINGS) LIMITED

Controlled companies below

>75%:KUWAIT PETROLEUM INTERNATIONAL AVIATION COMPANY LIMITED (01747846 - UK) active
- >75%:KUWAIT PETROLEUM SERVICES LIMITED (11277242 - UK) active
>75%:KUWAIT PETROLEUM INTERNATIONAL AVIATION COMPANY (U.K.) LIMITED (01744961 - UK) active
- Significant influence or control:HEATHROW AIRPORT FUEL COMPANY LIMITED (03189276 - UK) ceased
- 25-50%:PENTLAND AVIATION FUELLING SERVICES LIMITED (02544586 - UK) active
>75%:KUWAIT PETROLEUM LUBRICANTS LIMITED (02228096 - UK) active
>75%:KUWAIT PETROLEUM INTERNATIONAL LIMITED (01734259 - UK) active
>75%:KUWAIT PETROLEUM INTERNATIONAL LUBRICANTS (UK) LIMITED (02073564 - UK) active
>75%:KUWAIT PETROLEUM INTERNATIONAL TREASURY SERVICES LIMITED (00886981 - UK) active

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: 46711 Wholesale of petroleum and petroleum products)

Company	Registered Address	Company Number	YE Date	Revenue GBP	Net Profit GBP	Other SIC codes
SHELL TRADING INTERNATIONAL LIMITED	SHELL CENTRE, YORK ROAD, LONDON, SE1 7NA	03634752	2017-12-31	71,597,509,000	90,485,000	66120-Security and commodity contracts dealing activities
BELFAST STORAGE LIMITED	C/O CARSON MCDOWELL LLP MURRAY HOUSE, MURRAY STREET, BELFAST, CO. ANTRIM, NORTHERN IRELAND, BT1 6DN	NI647768	2017-12-31	14,447,000,000	1,584,000,000
UNIPEC U.K. CO. LIMITED	13-15 MOORGATE, LONDON, ENGLAND, EC2R 6AD	03138679	2017-12-31	14,104,311,000	49,069,000
PUMA ENERGY (UK) LIMITED	WESTERLEIGH TERMINAL OAKLEIGH GREEN FARM LANE, WESTERLEIGH, BRISTOL, ENGLAND, BS37 8QE	09156625	2017-12-31	1,489,738,000	-9,391,000	46719-Wholesale of other fuels and related products 52101-Operation of warehousing and storage facilities for water transport activities 52103-Operation of warehousing and storage facilities for land transport activities
KUWAIT PETROLEUM INTERNATIONAL AVIATION COMPANY (U.K.) LIMITED	DUKE'S COURT, DUKE STREET, WOKING, SURREY, GU21 5BH	01744961	2018-03-31	1,437,105,000	20,884,000
C H JONES LIMITED	CANBERRA HOUSE LYDIARD FIELDS, GREAT WESTERN WAY, SWINDON, ENGLAND, SN5 8UB	00305804	2017-12-31	621,844,000	13,162,000
APIOIL UK LIMITED	21 NEW ROW, 4TH FLOOR, LONDON, ENGLAND, WC2N 4LE	01784532	2017-12-31	614,019,206	2,684,635
THE FUELCARD COMPANY UK LIMITED	CANBERRA HOUSE LYDIARD FIELDS, GREAT WESTERN WAY, SWINDON, ENGLAND, SN5 8UB	05939102	2017-12-31	415,560,000	9,788,000
SHELL INTERNATIONAL TRADING AND SHIPPING COMPANY LIMITED	SHELL CENTRE, LONDON, ENGLAND, SE1 7NA	00525037	2017-12-31	414,007,306	-1,232,504	50200-Sea and coastal freight water transport 66120-Security and commodity contracts dealing activities
J.R. RIX & SONS LIMITED	2 HUMBER QUAYS, WELLINGTON STREET WEST, HULL, ENGLAND, HU1 2BN	00577587	2017-12-31	407,143,756	4,749,567	46719-Wholesale of other fuels and related products 70100-Activities of head offices
FLOGAS BRITAIN LIMITED	81 RAYNS WAY, SYSTON, LEICESTER, LEICESTERSHIRE, LE7 1PF	00993638	2018-03-31	213,364,000	10,189,000
DCC ENERGY LTD	AIRPORT ROAD WEST, SYDENHAM, BELFAST, BT3 9ED	NI010293	2018-03-31	169,674,000	3,961,000
BUSINESS OIL PLATFORM LIMITED	THE NEWS BUILDING, 3 LONDON BRIDGE STREET, LONDON, UNITED KINGDOM, SE1 9SG	06956515	2017-12-31	118,897,765	0	46719-Wholesale of other fuels and related products 50200-Sea and coastal freight water transport 50400-Inland freight water transport
PREMIER OIL E&P UK ENERGY TRADING LIMITED	TENEO FINANCIAL ADVISORY LIMITED THE COLMORE BUILDING, COLMORE CIRCUS QUEENSWAY, BIRMINGHAM, B4 6AT	04103928	2017-12-31	93,423,000	7,237,000
COURSE HILL FUEL DEPOT LIMITED	COURSE HILL FUEL DEPOT, UPPER CARNE ROAD,TEMPLETON, NARBERTH, SA67 8SR	03676766	2018-03-31	14,954,028	0	46719-Wholesale of other fuels and related products
COSMO OIL (U.K.) LIMITED	7 OLD PARK LANE, LONDON, W1K 1QR	02629062	2018-12-31	649,000	62,000
UK COMMERCE & TRADING LTD.	99 WEST TOWN LANE, BRISTOL, BS4 5DZ	05415446	2018-04-30	0	0	64999-Financial intermediation not elsewhere classified 68100-Buying and selling of own real estate
KUWAIT PETROLEUM (U.K. HOLDINGS) LIMITED	DUKES COURT, DUKE STREET, WOKING, SURREY, GU21 5BH	02063581	0000-00-00	0	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
KUWAIT PETROLEUM (U.K. HOLDINGS) LIMITED	0.7%	3.6%	7.1%	Medium
Other companies Active in the same sector	Too few competitors


Age	0.3%	1.3%	2.4%	Medium
Company Type	0.7%	3.7%	7.4%	Medium
Accounts category	0.7%	2.2%	3.8%	Medium
Accounting Month	0.5%	1.8%	3.9%	Medium
Sic code count	0.7%	3.5%	7.0%	Medium