ESSAR OIL (UK) LIMITED

THE ADMINISTRATION BUILDING 5TH FLOOR, STANLOW MANUFACTURING COMPLEX, ELLESMERE PORT, CHESHIRE, CH65 4HB

Company Number: 07071400
Incorporation date: 10-Nov-2009
Status: Active
Entity type: Private Limited Company

SIC codes:
19201 Mineral oil refining





SUMMARY

This company is 14.4 years old and is currently active. It is controlled by Essar Energy Limited. The company has positive equity (net assets) of USD 706.3 million which has decreased from the previous year's figure of USD 7.7 billion. The latest reported revenue figure is USD 12.6 billion which is up 130% on previous year's figure of USD 5.4 billion. The company has 6 active officers (directors or partners) who are or were officers of 20 other companies, 2 (10.0%) 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 no court cases involving the company that we are aware of.


FINANCIALS (BETA)

Next accounts due: 31-Dec-2024
Accounts Filed: GROUP (31-Mar-2023)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
30-Sep-2019 USD 12,605,800,000 107,900,000 152,700,000
31-Mar-2018 USD 5,426,600,000 238,700,000 46,000,000 161,300,000
31-Mar-2017 USD 4,924,100,000 241,500,000 41,800,000 167,600,000
31-Mar-2016 USD 4,992,300,000 289,600,000 39,600,000 243,600,000
31-Mar-2015 USD 7,615,000,000 101,000,000 20,800,000


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
30-Sep-2019 USD 117,900,000 1,512,100,000 1,661,100,000 694,100,000 706,300,000
31-Mar-2018 USD 223,600,000 1,699,100,000 1,782,400,000 694,100,000 7,721,000,000
31-Mar-2017 USD 279,600,000 1,501,000,000 1,194,900,000 694,100,000 981,100,000
31-Mar-2016 USD 209,100,000 1,003,100,000 809,600,000 694,100,000 892,000,000
31-Mar-2015 USD 1,400,000 1,400,000 2,100,000 640,500,000

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
31-Mar-2016 USD 99.70% 692,000,000 2,100,000 694,100,000 244,250,000
* Average valuation during the period
** Estimated based on average Cash and Debt levels during period

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
Active Sunil Kumar PURI 29 Jul 2021 29 Mar 2024 1 - 0
Resigned Samantha CHAMBERS 30 Jun 2017 26 Jul 2021 0 - 1
Active Charles BRYANT 21 Oct 2011 29 Mar 2024 1 - 0
Resigned Elaine RICHARDSON 21 Oct 2011 31 Dec 2012 0 - 1

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Charles Anthony FOUNTAIN 17 Apr 2023 Director British 2 - 00 (0.0%)
Active Markos PALIOS 05 Oct 2022 Director British 3 - 21 (20.0%)
Active Deepak Krishnagopal MAHESHWARI 23 Aug 2021 Director British 1 - 00 (0.0%)
Active Andrew Richard Hornagold WRIGHT 15 Jun 2021 Director British 6 - 11 (14.3%)
Active Timothy BULLOCK 11 Jun 2021 Director British 3 - 71 (10.0%)
Resigned Stein Ivar BYE 16 Oct 2020 19 Mar 2021 Director Norwegian 0 - 10 (0.0%)
Resigned Stephen Hamilton WELCH 07 Aug 2020 07 Apr 2021 Director Australian 4 - 20 (0.0%)
Resigned Bhuwan Chandra TRIPATHI 05 Feb 2020 31 Mar 2022 Director Indian 0 - 10 (0.0%)
Resigned Mark Ian Ranson WILSON 30 Jan 2020 25 Jun 2020 Director British 2 - 21 (25.0%)
Resigned Rewant RUIA 17 Jun 2019 01 Apr 2021 Director Maltese 0 - 10 (0.0%)
Resigned Rewant RUIA 06 Oct 2017 15 Dec 2017 Company Director Indian 0 - 10 (0.0%)
Resigned Thangapandian SRINIVASALU 31 Mar 2017 24 Jan 2023 Company Director Indian 0 - 10 (0.0%)
Active Prashant RUIA 15 Dec 2016 Director Indian 1 - 00 (0.0%)
Resigned Kuthoore Natarajan VENKATASUBRAMANIAN 27 Jan 2016 31 Jul 2023 Company Director Indian 0 - 10 (0.0%)
Resigned Parthasarathy SAMPATH 01 Jul 2015 14 Oct 2020 Director Indian 0 - 10 (0.0%)
Resigned Peter Francis STEVENS 13 Nov 2014 26 Jan 2017 Financial Consultant British 3 - 114 (28.6%)
Resigned Deepak Krishnagopal MAHESHWARI 12 Jun 2014 25 May 2018 Director British 0 - 10 (0.0%)
Resigned Naresh Kumar NAYYAR 27 Sep 2013 31 Mar 2017 Director Indian 0 - 30 (0.0%)
Resigned Janet Elizabeth ASHDOWN 22 Jul 2013 10 Jun 2014 Non-Executive Director British 1 - 113 (25.0%)
Resigned Leslie Neville CHAMBERLAIN 22 Jul 2013 13 Jun 2014 Physicist British 2 - 235 (20.0%)
Resigned Sattar Adam Ali Mamode HAJEE ABDOULA 07 Sep 2012 19 May 2014 Chartered Accountant Mauritius 0 - 10 (0.0%)
Resigned Radha Mohan KUPPILI VENKATA 25 Jun 2012 31 Jul 2013 Company Executive Indian 0 - 10 (0.0%)
Resigned Jonathan Roy MASON 13 Mar 2012 27 Feb 2017 Mechanical Engineer British 1 - 31 (25.0%)
Resigned Volker Bernd SCHULTZ 24 Oct 2011 01 Jul 2015 Ceo British 2 - 21 (25.0%)
Resigned Donald Frank WILLSDON 21 Oct 2011 08 Dec 2011 General Manager British 0 - 20 (0.0%)
Resigned Colin DIXON 21 Oct 2011 09 Jun 2014 Head Of Marketing British 0 - 30 (0.0%)
Resigned Kiran Bhalchandra JAMBEKAR 21 Oct 2011 03 Nov 2014 Cfo Indian 0 - 10 (0.0%)
Resigned Narendra VACHHARAJANI 17 Aug 2011 24 Oct 2011 Head Of Operations India 0 - 10 (0.0%)
Resigned Ramamurthy PALEPU 09 Jun 2011 21 Oct 2011 Head Technical Services Essar Oil Indian 0 - 10 (0.0%)
Resigned Parthasarathy SAMPATH 20 Apr 2011 01 Jun 2012 Chief Financial Officer Indian 0 - 10 (0.0%)
Resigned Sanjay MEHTA 10 Nov 2009 20 Apr 2011 Director British 1 - 32 (50.0%)
Number of active directors: 6
Average tenure of active directors: 3.0 years
Average tenure of resigned directors: 2.2 years
Average active director Dissolution Rate: 7.4%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
TRANMERE ROVERS FOOTBALL CLUB LIMITED (00118587) - Active
BP OIL INTERNATIONAL LIMITED (00322365) - Active
BRITANNIC TRADING LIMITED (00871912) - Active
BRITANNIC ENERGY TRADING LIMITED (01378710) - Active
BP JAPAN TRADING LIMITED (01749226) - Dissolved
BP INVESTMENTS ASIA LIMITED (05639411) - Active
VOXSMART LIMITED (05691475) - Active
HAVEN CAPITAL LIMITED (06959763) - Active
ESSAR OIL (UK) LIMITED (07071400) - Active
ONE LEGAL SQUARE LTD (09898559) - Active
RIVERHILL 2016 LIMITED (10125084) - Dissolved
HAVEN CAPITAL HOLDINGS LIMITED (10267838) - Active
ESSAR MIDLANDS LIMITED (11253987) - Active
1LS RISK CONSULTANTS LTD (11453931) - Active
TRANMERE ROVERS FOOTBALL CLUB (INTERNATIONAL) LIMITED (11871088) - Active
EUROPEAN ACQUISITION PARTNERS 2 LTD (12893215) - Active
TBNG LIMITED (12896550) - Active
EET HYDROGEN LIMITED (13778522) - Active
GLOBAL INVESTMENT VENTURES LIMITED (13821036) - Active - Proposal to Strike off
HAVEN CONSULTANCY INTERNATIONAL LIMITED (14937365) - Active
BRITANNIC STRATEGIES LIMITED (SC123106) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2015-11-102014-11-102013-11-102012-11-102011-11-10
ESSAR OIL CYPRUS LIMITEDORDINARY442,102,375
100%
151,395,062
100%
151,395,062
100%
151,395,062
100%
151,395,062
100%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

ESSAR OIL (UK) LIMITED

Controlled companies below

LATE PAYMENTS REPORT


Start date End date Average days to pay % invoices paid over 60 days % invoices not paid within agreed terms Gov.uk report
2023-04-01 2023-09-30 44 11% 26% 77207
2022-09-01 2023-03-31 47 18% 23% 70478
2022-04-01 2022-09-30 45 9% 19% 64235
2021-10-01 2022-03-31 43 10% 12% 57433
2021-04-01 2021-09-30 41 11% 10% 51382
2020-10-01 2021-03-31 39 8% 10% 44560
2020-04-01 2020-09-30 35 4% 11% 44553
2019-10-01 2020-03-31 36 3% 6% 31100
2019-04-01 2019-09-30 37 2% 7% 22900
2018-10-01 2019-03-31 37 2% 5% 14625
2018-04-01 2018-09-30 37 4% 15% 8530


COURT CASES


No Court Cases found

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
ESSAR OIL (UK) LIMITED 0.7% 3.6% 7.1% Medium
Other companies Active in the same sector Too few competitors
Age 0.4% 1.7% 3.3% Medium
Company Type 0.7% 3.7% 7.4% Medium
Accounts category 0.6% 1.5% 2.5% Medium
Accounting Month 0.5% 1.8% 3.9% Medium
Sic code count 0.7% 3.5% 7.0% Medium
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