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Jersey Petroleum Ltd

06490608

active
Private Limited Company
england wales
Companies House
Health Score
61 / 100

Some Concerns

25/30
Filing
0/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

71-75 SHELTON STREET, LONDON, WC2H 9JQ
Incorporated 31/01/2008

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 13/01/2026

Due 27/01/2027

On track

Industry

06100
Extraction of crude petroleum
06200
Extraction of natural gas
09100
Support activities for petroleum and natural gas extraction

Officers

Mr Jason Andrew Benitz

director · Since 25/08/2018

DIRECTOR

BRITISH · JERSEY · Age 49

Also on 4 other boards

Msp Corporate Services Limited

secretary · Since 01/02/2019

Also on 237 other boards

Mr Graham Andrew Forbes

director · Since 24/02/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Also on 7 other boards

Persons with Significant Control

Jersey North Sea Holdings Ltd

75–100% shares
75–100% votes

71-75, Shelton Street, London, WC2H 9JQ

Reg: 06451896 · England And Wales · Limited

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

ITHACA ENERGY (UK) LIMITED, AS SECURITY TRUSTEE

Created 24/06/2015Registered 15/07/2015
Charge
outstanding

ITHACA ENERGY (UK) LIMITED,AS SECURITY TRUSTEE

Created 24/06/2015Registered 15/07/2015
charge
satisfied

GENERAL ELECTRIC CAPITAL CORPORATION FOR ITSELF AND AS SECURITY TRUSTEE FOR EACH OF THE FINANCE

Created 28/01/2013Registered 12/02/2013Satisfied 08/04/2015
charge
satisfied

GENERAL ELECTRIC CAPITAL CORPORATION AS SECURITY TRUSTEE FOR ITSELF AND EACH OF THE OTHER FINAN

Created 29/01/2013Registered 06/02/2013Satisfied 08/04/2015
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 18/12/2012Registered 29/12/2012Satisfied 01/04/2015
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 25/06/2012Registered 05/07/2012Satisfied 30/01/2013

CompanyRankvs 2250+ SIC 06100 peers
33

Financial strength82th percentile among SIC peers · 21/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength21/25 pts

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

Employees0/15 pts

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

Liquidity2/20 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.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

disclosed in the financial statements any identified material uncertainties that may cast significant doubt about the company's ability to continue to adopt the going concern basis of accounting for a period of at least twelve months from the date when the financial statements are authorised for issue. We have nothing to report in respect of the above matters. However, be

Key FinancialsYear ending 31/12/2018

Net Worth

£77k

Balance sheet strength

Cash

£113k

Cash in the bank

Profit Before Tax

-£1.9M

Bottom line earnings

Net Current Assets

Working capital

Current Assets

£116k

Current Liabilities

£74.5M

Fixed Assets

£4.3M

Debtors

£3k

Cost of Sales

£614k

Gross Profit

-£614k

Admin Expenses

£1.2M

Operating Profit

-£1.8M

Profit After Tax

-£1.9M

Balance Sheet

Intangible assets£4.3M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20180.00

Derived from filed accounts. Not audited figures.