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Petrovate Limited

14472028

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

THE POINT BUILDING, MANCHESTER, M8 8LG
Incorporated 09/11/2022

Compliance

Last accounts

30/11/2024

unaudited abridged

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 10/10/2025

Due 24/10/2026

On track

Industry

06100
Extraction of crude petroleum
07290
Mining of other non-ferrous metal ores
09100
Support activities for petroleum and natural gas extraction
46711
Wholesale of petroleum and petroleum products

Officers

Andrew Michael Royston

director · Since 29/02/2024

British

Former

Mahmud Akhtar

director · Resigned 30/06/2023

Ali El Lotfi

director · Resigned 30/06/2023

Abdullah Rana

director · Resigned 30/06/2023

Bilal Rana

director · Resigned 29/02/2024

CompanyRankvs 105+ SIC 06100 peers
78

Financial strength97th percentile among SIC peers · 24/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.59× · 20/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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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.

Employees15/15 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.

Longevity4/15 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 30/11/2024

Net Worth

£3.9M

Balance sheet strength

Cash

£257k

Cash in the bank

Net Current Assets

£318k

Working capital

Current Assets

£517k

Current Liabilities

£199k

Fixed Assets

£3.6M

Debtors

£70k

28avg. employees

Balance Sheet

Intangible assets£1.0M
Assets less current liabilities£3.9M
Signed by 2023-12-01Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20242.59

Derived from filed accounts. Not audited figures.