Petroleum Systems Limited
08288907
Healthy
No risk factors detected.
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 12/11/2012
GEOLOGIST
BRITISH · WALES · Age 71
Also on 1 other board
director · Since 12/11/2012
GEOLOGIST
BRITISH · UNITED KINGDOM · Age 68
Also on 4 other boards
Persons with Significant Control
Mr James Philip Armstrong
British · Wales · Age 71
30, Linden Walk, Prestatyn, LL19 9EB
Notified 06/04/2016
Mr Simon Peter Kendall
British · United Kingdom · Age 68
30, Linden Walk, Prestatyn, LL19 9EB
Notified 06/04/2016
CompanyRankvs 13258+ SIC 74909 peers69
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/03/2025
Net Worth
£4
Balance sheet strength
Cash
£39k
Cash in the bank
Net Current Assets
£20k
Working capital
Current Assets
£39k
Current Liabilities
£19k
Fixed Assets
£459
Debtors
£0
Tax at Year End(2019)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 2.04 | — |
| 2024 | 1.90 | — |
| 2023 | 1.96 | — |
| 2022 | 1.70 | — |
| 2021 | 1.75 | +£6k |
| 2020 | 1.59 | -£7k |
| 2019 | 1.94 | — |
Derived from filed accounts. Not audited figures.