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Association Of The Petroleum Industry Of Kurdistan

14638733

active
PRI/LBG/NSC (Private, Limited by guarantee, no share capital, use of 'Limited' exemption)
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)

Details

1 PARK ROW, LEEDS, LS1 5AB
Incorporated 03/02/2023

Compliance

Last accounts

28/02/2025

total exemption full

Next accounts due

30/11/2026

On track

Confirmation statement

Last: 31/01/2026

Due 14/02/2027

On track

Industry

99000
Activities of extraterritorial organisations and bodies

Officers

Mr Russell Freeman

director · Since 03/02/2023

CHIEF EXECUTIVE OFFICER

AMERICAN · UNITED STATES · Age 62

Also on 1 other board

Jonathan Reay Harris

director · Since 03/02/2023

CHIEF EXECUTIVE OFFICER

BRITISH · UNITED KINGDOM · Age 60

Christopher Thomas Hyde Spencer

director · Since 03/02/2023

CHAIRPERSON OF DNO IRAQ AS

BRITISH · NORWAY · Age 60

John Paul Weir

director · Since 03/02/2023

CHIEF EXECUTIVE OFFICER

BRITISH · UNITED KINGDOM · Age 65

Mr Elvis Pellumbi

director · Since 12/11/2024

EXECUTIVE MANAGEMENT

BRITISH · UNITED KINGDOM · Age 52

Also on 1 other board

CompanyRankvs 508+ SIC 99000 peers
26

Financial strength7th percentile among SIC peers · 2/25
Employees97th percentile among SIC peers · 15/15
LiquidityNo balance sheet data · 0/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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508Association Of The Petroleum Industry Of Kurdistan
35
How is this score calculated?
Financial strength2/25 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.

Liquidity0/20 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.

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

as they fall due. In the absence of a bank account in the company name, the members will continue to receive support from members to facilitate its ability to continue trading as a going concern for the foreseeable future. As a result, the directors have a reasonable expectation that the company will continue in operational existence for the foreseeable future. true 1.4 Income and expenditur

Key FinancialsYear ending 28/02/2025

Net Worth

-£3k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£3k

Working capital

Current Assets

—

Current Liabilities

£12k

Debtors

£12k

5avg. employees
Prepared with CCH Software

EstimatesDerived

YearImplied Profit
2025+£0

Derived from filed accounts. Not audited figures.