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Independent Petroleum Group Of Kuwait Limited

01385065

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

112 JERMYN ST, SW1Y 6LS
Incorporated 21/08/1978

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr Waleed Jaber Hadeed

director · Since 31/12/1990

CHAIRMAN

KUWAITI · Age 81

Also on 2 other boards

Mr Samir Shammas

director · Since 31/12/1990

COMPANY DIRECTOR

KUWAITI · Age 71

Also on 7 other boards

Mr Samir Shammas

secretary · Since 04/06/1997

KUWAITI · Age 71

Also on 7 other boards

Charges0 outstanding

charge
satisfied

WESTERN HERITABLE INVESTMENT COMPANY LIMITED

Created 10/07/1987Registered 02/10/2004Satisfied 21/09/2010

CompanyRankvs 2151+ SIC 82990 peers
87

Financial strength97th percentile among SIC peers · 24/25
Employees88th percentile among SIC peers · 13/15
LiquidityCurrent ratio 21.51× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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2151Independent Petroleum Group Of Kuwait Limited
87
How is this score calculated?
Financial strength24/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees13/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2024

Net Worth

£1.4M

Balance sheet strength

Cash

£62k

Cash in the bank

Net Current Assets

£1.4M

Working capital

Current Assets

£1.4M

Current Liabilities

£67k

Fixed Assets

£0

Debtors

£1.4M

4avg. employees

Tax at Year End

Corp tax£14k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
202421.51+£41k
202326.44+£40k
202225.19+£43k
202114.06—

Derived from filed accounts. Not audited figures.