WEX EUROPE SERVICES (UK) LIMITED

7TH FLOOR, HYPHEN BUILDING, 75 MOSLEY STREET, MANCHESTER, M2 3HR

Company Number: 08903805
Incorporation date: 20-Feb-2014
Status: Active
Entity type: Private Limited Company

SIC codes:
46711 Wholesale of petroleum and petroleum products





SUMMARY

This company is 10.4 years old and is currently active. It is controlled by Wex Europe Services Holdings Limited. The company has positive equity (net assets) of GBP 7.8 million which has increased from GBP 7.6 million in the previous year. The latest reported revenue figure is GBP 8.6 million which is down -100% on the previous year. The company has 3 active officers (directors or partners) who are or were officers of 11 other companies, 2 (18.2%) 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: 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-2018 GBP 8,579,000 713,000 283,000 204,000
31-Dec-2017 GBP 397,712,000 439,000 229,000
26-Jun-2017 GBP 335,083,000 328,000 443,000 -123,000
31-Dec-2015 GBP 323,577,000 962,000 579,000 379,000
31-Dec-2014 EUR


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Dec-2018 GBP 10,000 35,173,000 7,125,000 707,000 7,832,000
31-Dec-2017 GBP 17,000 33,596,000 7,125,000 3,000 7,628,000
26-Jun-2017 GBP 64,000 7,125,000 293,000 7,418,000
31-Dec-2015 GBP 871,000 28,251,000 416,000 416,000
31-Dec-2014 EUR 929 56,879,655 59,005,658 100 37,128 37,228

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
31-Dec-2015 GBP inf% -100 100 0 -435,915
* 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)
No information on secretary appointments

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Dylan JONES 26 Feb 2024 Executive American 5 - 00 (0.0%)
Resigned David James QUINNELL 01 Apr 2022 29 Feb 2024 Vp - International Finance British 1 - 93 (30.0%)
Active Carlos CARRIEDO DE MARIA CAMPOS 01 Apr 2022 Chief Operating Officer - International Mexican 6 - 00 (0.0%)
Resigned Roberto SIMON RABANAL 29 Sep 2016 01 Apr 2022 Chief Financial Officer Spanish,American 0 - 72 (28.6%)
Active Hilary Ann RAPKIN 20 Feb 2014 Legal Counsel American 9 - 43 (23.1%)
Resigned Steven Alan ELDER 20 Feb 2014 29 Sep 2016 Chief Financial Officer American 0 - 10 (0.0%)
Resigned William Stanley HOLMES 20 Feb 2014 13 Apr 2021 Chief Executive Officer British 29 - 3225 (41.0%)
Number of active directors: 3
Average tenure of active directors: 4.4 years
Average tenure of resigned directors: 4.3 years
Average active director Dissolution Rate: 7.7%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
RETAIL PETROLEUM SERVICES LIMITED (01563532) - Active
ENETT INTERNATIONAL (UK) LIMITED (02509464) - Active
OPTAL LIMITED (05531282) - Active
WRIGHT EXPRESS UK LIMITED (05893496) - Liquidation
WEX EUROPE LIMITED (05927983) - Active
INVAPAY PAYMENT SOLUTIONS LIMITED (06402512) - Liquidation
WEX EUROPE SOLUTIONS LIMITED (06642838) - Liquidation
WRIGHT EXPRESS INTERNATIONAL HOLDINGS LIMITED (08008714) - Active
WEX EUROPE SERVICES LIMITED (08284241) - Active
OPTAL FINANCIAL LIMITED (08364883) - Active
WEX EUROPE SERVICES HOLDINGS LIMITED (08679063) - Active
WEX EUROPE SERVICES (UK) LIMITED (08903805) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2017-01-302016-02-202015-02-20
WEX EUROPE SERVICES HOLDINGS LIMITEDORDINARY7,125,000
100%
100
100%
100
100%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

WEX EUROPE SERVICES (UK) LIMITED

no controlled companies

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
2023-07-01 2023-12-31 13 0% 13% 81822
2023-01-01 2023-06-30 16 1% 11% 75012
2022-07-01 2022-12-31 15 1% 12% 68940
2022-01-01 2022-06-30 15 0% 9% 62637
2021-01-01 2021-06-30 17 1% 6% 48368
2020-01-01 2020-06-30 18 6% 11% 35582
2019-07-01 2019-12-31 14 1% 9% 28348
2019-01-01 2019-06-30 16 4% 16% 19475
2018-07-01 2018-12-31 11 1% 9% 12478
2018-01-01 2018-06-30 9 0% 9% 6221


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
WEX EUROPE SERVICES (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 0.7% 2.2% 3.8% Medium
Accounting Month 0.6% 2.4% 5.5% Medium
Sic code count 0.7% 3.5% 7.0% Medium
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