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Corinthian Oil Limited

09628027

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

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

Details

SPEEN HOUSE, LONDON, W1U 6AJ
Incorporated 08/06/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46711
Wholesale of petroleum and petroleum products

Officers

William Robert Brown

director · Since 16/11/2017

COMPANY DIRECTOR

BRITISH · PHILIPPINES · Age 78

Ioannis Kosmadakis

director · Since 16/11/2017

COMPANY DIRECTOR

GREEK · GREECE · Age 74

Peteros Tzanetakis

director · Since 16/11/2017

COMPANY DIRECTOR

GREEK · GREECE · Age 70

Mr Paul Kaine Price

director · Since 28/02/2022

CEO

BRITISH · ENGLAND · Age 54

Also on 12 other boards

Ms Elena Drakos

director · Since 01/03/2024

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 40

Persons with Significant Control

Motor Oil (Hellas) Corinth Refineries S.A.

75–100% shares
75–100% votes
Appoint directors

12a, Irodu Attikou Street, Athens, 151 24

Reg: Gemi 272801000 · Athens Stock Exchange · Corporate

Notified 06/04/2016

CompanyRankvs 51+ SIC 46711 peers
67

Financial strength98th percentile among SIC peers · 25/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.11× · 12/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees14/15 pts

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

Liquidity12/20 pts

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

Longevity11/15 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

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 concern are d

Key FinancialsYear ending 31/12/2023

Turnover

£10.4M

Annual revenue

Net Worth

£19.9M

Balance sheet strength

Cash

£64.6M

Cash in the bank

Profit Before Tax

£11.7M

Bottom line earnings

Net Current Assets

£19.9M

Working capital

Current Assets

£204.3M

Current Liabilities

£184.4M

Debtors

£139.8M

Gross Profit

£10.4M

Admin Expenses

£77k

Operating Profit

£10.4M

Profit After Tax

£9.1M

5avg. employees

Tax at Year End

Corp tax£661k

People Costs

Wages & salaries£35k
NI contributions£220

Balance Sheet

Assets less current liabilities£19.9M
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent Ratio
20231.11

Derived from filed accounts. Not audited figures.