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Business Oil Platform Limited

06956515

active
Private Limited Company
england wales
Companies House
Health Score
77 / 100

Some Concerns

25/30
Filing
20/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 4 outstanding charges (-8)

Details

THE NEWS BUILDING, LONDON, SE1 9SG
Incorporated 08/07/2009

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 08/07/2026

Due 22/07/2027

On track

Industry

46711
Wholesale of petroleum and petroleum products
46719
Wholesale of other fuels and related products
50200
Sea and coastal freight water transport
50400
Inland freight water transport

Officers

Ceo / General Director Nicolai Petrasco

director · Since 10/05/2015

CEO / GENERAL DIRECTOR

MOLDOVAN · SLOVAKIA · Age 47

Mrs. Linda Petrasko

director · Since 08/06/2019

CFO

LATVIAN · SLOVAKIA · Age 41

Persons with Significant Control

Mr Nicolai Petrasco

Significant control

Moldovan · Slovakia · Age 47

The News Building, 3 London Bridge Street, London, SE1 9SG

Notified 01/01/2017

Charges4 outstanding

Charge
outstanding

RAIFFEISEN BANK INTERNATIONAL AG

Created 25/06/2019Registered 04/07/2019
Charge
outstanding

RAIFFEISEN BANK INTERNATIONAL AG

Created 25/06/2019Registered 04/07/2019
Charge
outstanding

ING BELGIUM, BRUSSELS, GENEVA BRANCH

Created 20/05/2019Registered 28/05/2019
Charge
outstanding

ING BELGIUM, BRUSSELS, GENEVA BRANCH

Created 20/05/2019Registered 28/05/2019

CompanyRankvs 42+ SIC 46711 peers
63

Financial strength97th percentile among SIC peers · 24/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.7× · 16/20
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 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.

Liquidity16/20 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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the Directors with respect to going co

Key FinancialsYear ending 31/12/2024

Turnover

£235.8M

Annual revenue

Net Worth

£14.1M

Balance sheet strength

Cash

£16.7M

Cash in the bank

Profit Before Tax

£1.0M

Bottom line earnings

Net Current Assets

£14.0M

Working capital

Current Assets

£34.1M

Current Liabilities

£20.1M

Fixed Assets

£58k

Debtors

£17.4M

Cost of Sales

£233.8M

Gross Profit

£2.0M

Admin Expenses

£1.2M

Operating Profit

£1.0M

Profit After Tax

£762k

5avg. employees-1

Tax at Year End

Corp tax£267k
Dividends paid-£127k

People Costs

Wages & salaries£360k
NI contributions£44k

Balance Sheet

Assets less current liabilities£14.1M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20241.70+£584k
20231.65

Derived from filed accounts. Not audited figures.