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
Company type: Private Limited Company

SIC codes:
46711 Wholesale of petroleum and petroleum products

SUMMARY

This company is 9.6 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 12 other companies, 3 (25.0%) 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: 30-Sep-2023
Accounts Filed: FULL (31-Dec-2021)

P&L Financials:

Year end	Currency	Revenue	Operating profit	Interest Paid	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	Share Capital	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

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	David James QUINNELL	01 Apr 2022		Vp - International Finance	British	8 - 2	3 (30.0%)
Active	Carlos CARRIEDO DE MARIA CAMPOS	01 Apr 2022		Chief Operating Officer - International	Mexican	6 - 0	0 (0.0%)
Resigned	Roberto SIMON RABANAL	29 Sep 2016	01 Apr 2022	Chief Financial Officer	Spanish,American	0 - 7	2 (28.6%)
Active	Hilary Ann RAPKIN	20 Feb 2014		Legal Counsel	American	9 - 4	3 (23.1%)
Resigned	Steven Alan ELDER	20 Feb 2014	29 Sep 2016	Chief Financial Officer	American	0 - 1	0 (0.0%)
Resigned	William Stanley HOLMES	20 Feb 2014	13 Apr 2021	Chief Executive Officer	British	30 - 30	23 (38.3%)

Number of active directors: 3
Average tenure of active directors: 4.2 years
Average tenure of resigned directors: 5.1 years
Average active director Dissolution Rate: 17.7%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name	David James QUINNELL	Carlos CARRIEDO DE MARIA CAMPOS	Hilary Ann RAPKIN
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	✔	✔	✔
WEX EUROPE UK LIMITED (10485907) - Liquidation	✔

SHAREHOLDERS (BETA)

Shareholder name	Share class	Shares at confirmation date
Shareholder name	Share class	2017-01-30	2016-02-20	2015-02-20
WEX EUROPE SERVICES HOLDINGS LIMITED	ORDINARY	7,125,000 100%	100 100%	100 100%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES

- - 25-50%:Mr William Stanley Holmes - ceased
    25-50%:Mr William Stanley Holmes - active
    >75%:Radius Payment Solutions Topco Limited (11047034 - United Kingdom) active
    >75%:Radius Payment Solutions Midco Limited (11056188 - United Kingdom) active
    >75%:Radius Payment Solutions Bidco Limited (11056689 - United Kingdom) active
    Significant influence or control:Radius Payment Solutions Limited (08260702 - United Kingdom) ceased
  - >75%:Wex Inc. (3058125 - Delaware) ceased
  - >75%:Wex Inc (3058125 - Delaware) active
    >75%:Wright Express International Holdings Limited (08008714 - United Kingdom) active
  >75%:Wex Europe Services Limited (08284241 - United Kingdom) active
>75%:Wex Europe Services Holdings Limited (08679063 - United Kingdom) active

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
2023-01-01	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	PO BOX 1463 CANBERRA HOUSE LYDIARD FIELDS,, GREAT WESTERN WAY, SWINDON, ENGLAND, SN5 6PS	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	PO BOX 1463 CANBERRA HOUSE LYDIARD FIELDS, GREAT WESTERN WAY, SWINDON, ENGLAND, SN5 6PS	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	23 LOWER BELGRAVE STREET, LONDON, ENGLAND, SW1W 0NR	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	0.6%	2.5%	4.9%	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