Founded in 2001, Overseas Petroltrade & Shipping, classified under reg no. 04254910 is an active company. Currently registered at 3rd Floor SW7 4AG, London the company has been in the business for 23 years. Its financial year was closed on Wed, 31st Jul and its latest financial statement was filed on Sunday 31st July 2022. Since Monday 20th December 2021 Overseas Petroltrade & Shipping Ltd is no longer carrying the name Overseas Petroltrade And Shipping.
There is a single director in the company at the moment - George I., appointed on 18 July 2001. In addition, a secretary was appointed - George I., appointed on 18 July 2001. As of 26 April 2024, there was 1 ex director - Loukia I.. There were no ex secretaries.
| Office Address | 3rd Floor |
| Office Address2 | 114a Cromwell Road |
| Town | London |
| Post code | SW7 4AG |
| Country of origin | United Kingdom |
| Registration Number | 04254910 |
| Date of Incorporation | Wed, 18th Jul 2001 |
| Industry | Wholesale of petroleum and petroleum products |
| End of financial Year | 31st July |
| Company age | 23 years old |
| Account next due date | Tue, 30th Apr 2024 (4 days left) |
| Account last made up date | Sun, 31st Jul 2022 |
| Next confirmation statement due date | Mon, 27th May 2024 (2024-05-27) |
| Last confirmation statement dated | Sat, 13th May 2023 |
Position: Secretary
Appointed: 18 July 2001
Position: Director
Appointed: 18 July 2001
The register of PSCs who own or control the company includes 2 names. As BizStats discovered, there is George I. This PSC has 25-50% voting rights and has 25-50% shares. The second one in the persons with significant control register is Loucia N. This PSC owns 25-50% shares and has 25-50% voting rights.
George I.
| Notified on | 6 April 2016 |
| Ceased on | 30 April 2021 |
| Nature of control: |
25-50% voting rights right to appoint and remove directors 25-50% shares |
Loucia N.
| Notified on | 6 April 2016 |
| Ceased on | 30 April 2021 |
| Nature of control: |
25-50% voting rights right to appoint and remove directors 25-50% shares |
| Overseas Petroltrade And Shipping | December 20, 2021 |
| Profit & Loss | |||
|---|---|---|---|
| Accounts Information Date | 2021-07-31 | 2022-07-31 | 2023-07-31 |
| Balance Sheet | |||
| Cash Bank On Hand | 1 429 047 | 2 358 079 | 657 071 |
| Current Assets | 6 084 957 | 7 737 582 | 13 539 089 |
| Debtors | 4 655 910 | 5 379 503 | 12 882 018 |
| Net Assets Liabilities | 4 756 018 | 6 582 864 | 7 788 882 |
| Other Debtors | 248 891 | 611 801 | 540 000 |
| Property Plant Equipment | 3 399 358 | 3 693 162 | 7 488 194 |
| Other | |||
| Audit Fees Expenses | 21 651 | 34 846 | 36 617 |
| Accrued Liabilities Deferred Income | 113 608 | 207 915 | 4 269 299 |
| Accumulated Depreciation Impairment Property Plant Equipment | 135 284 | 177 800 | 233 287 |
| Additions Other Than Through Business Combinations Property Plant Equipment | 337 970 | 3 850 519 | |
| Administrative Expenses | 1 127 292 | 1 249 420 | 2 183 142 |
| Amounts Owed To Group Undertakings | 172 238 | ||
| Average Number Employees During Period | 2 | 2 | 3 |
| Bank Borrowings | 3 642 363 | 3 276 818 | 6 161 609 |
| Bank Borrowings Overdrafts | 3 642 363 | 3 276 818 | 6 161 609 |
| Carrying Amount Under Cost Model Revalued Assets Property Plant Equipment | 3 251 790 | 3 413 896 | 5 140 553 |
| Cash Cash Equivalents Cash Flow Value | 1 429 047 | 2 358 079 | 657 071 |
| Corporation Tax Payable | 92 908 | 450 447 | 439 595 |
| Cost Sales | 38 942 653 | 51 995 078 | 72 607 977 |
| Creditors | 3 642 363 | 3 276 818 | 13 154 899 |
| Current Tax For Period | 79 041 | 434 926 | 314 534 |
| Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences | 31 531 | 3 629 | -16 061 |
| Depreciation Expense Property Plant Equipment | 24 595 | 42 516 | |
| Depreciation Impairment Expense Property Plant Equipment | 24 595 | 42 516 | 55 487 |
| Fixed Assets | 3 407 008 | 3 700 812 | 7 496 002 |
| Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities | 365 545 | -2 884 791 | |
| Further Item Interest Expense Component Total Interest Expense | 1 101 | 1 556 | |
| Further Item Tax Increase Decrease Component Adjusting Items | 803 | 125 | |
| Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss | -164 520 | 225 017 | -478 765 |
| Gain Loss In Cash Flows From Change In Creditors Trade Other Payables | -110 286 | -123 960 | -5 532 801 |
| Gross Profit Loss | 1 839 577 | 3 647 302 | |
| Income Taxes Paid Refund Classified As Operating Activities | -97 718 | -293 412 | |
| Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation | -26 019 | -929 032 | 1 701 008 |
| Increase Decrease In Current Tax From Adjustment For Prior Periods | 20 331 | -31 974 | |
| Increase From Depreciation Charge For Year Property Plant Equipment | 42 516 | 55 487 | |
| Interest Paid Classified As Financing Activities | -541 617 | -447 389 | -723 037 |
| Interest Payable Similar Charges Finance Costs | 541 617 | 447 389 | 723 037 |
| Investment Property Fair Value Model | 3 251 790 | 3 413 896 | |
| Investments | 7 650 | 7 808 | |
| Investments Fixed Assets | 7 650 | 7 650 | 7 808 |
| Investments In Associates | 158 | ||
| Investments In Subsidiaries | 7 650 | 7 650 | 7 650 |
| Net Assets Liabilities Subsidiaries | 111 787 | 76 825 | |
| Net Current Assets Liabilities | 5 095 115 | 6 266 241 | 384 190 |
| Net Finance Income Costs | 300 000 | 64 939 | 791 |
| Operating Profit Loss | 714 716 | 2 668 182 | |
| Other Creditors | 376 403 | 6 465 | 2 424 |
| Other Disposals Property Plant Equipment | 1 650 | ||
| Other Interest Expense | 541 617 | 446 288 | 721 481 |
| Other Interest Income | 300 000 | 64 939 | 791 |
| Other Interest Receivable Similar Income Finance Income | 300 000 | 64 939 | 791 |
| Other Operating Income Format1 | 2 431 | 270 300 | 75 765 |
| Pension Other Post-employment Benefit Costs Other Pension Costs | 597 | ||
| Percentage Class Share Held In Associate | 34 | ||
| Percentage Class Share Held In Subsidiary | 100 | 75 | |
| Prepayments Accrued Income | 258 250 | 2 418 201 | 183 855 |
| Proceeds From Sales Property Plant Equipment | -1 650 | ||
| Profit Loss | 347 006 | 1 826 846 | 1 206 018 |
| Profit Loss On Ordinary Activities Before Tax | 473 099 | 2 285 732 | 1 472 517 |
| Profit Loss Subsidiaries | 12 867 | -34 963 | |
| Property Plant Equipment Gross Cost | 3 534 642 | 3 870 962 | 7 721 481 |
| Purchase Property Plant Equipment | -719 456 | -337 970 | -3 850 519 |
| Social Security Costs | 5 465 | 2 864 | |
| Staff Costs Employee Benefits Expense | 64 180 | 41 679 | 88 925 |
| Taxation Including Deferred Taxation Balance Sheet Subtotal | 103 742 | 107 371 | 91 310 |
| Tax Expense Credit Applicable Tax Rate | 89 889 | 434 289 | 279 778 |
| Tax Increase Decrease From Effect Capital Allowances Depreciation | -7 005 | -3 052 | |
| Tax Increase Decrease From Effect Different Tax Rates On Some Earnings | 871 | 1 848 | |
| Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss | 4 673 | 5 968 | 19 496 |
| Tax Increase Decrease From Other Short-term Timing Differences | 31 531 | 3 629 | 278 |
| Tax Tax Credit On Profit Or Loss On Ordinary Activities | 126 093 | 458 886 | 266 499 |
| Total Assets Less Current Liabilities | 8 502 123 | 9 967 053 | 7 880 192 |
| Total Borrowings | 3 642 363 | 3 276 818 | 6 161 609 |
| Total Current Tax Expense Credit | 94 562 | 455 257 | 282 560 |
| Trade Creditors Trade Payables | 234 685 | 806 514 | 2 281 972 |
| Trade Debtors Trade Receivables | 4 148 769 | 2 349 501 | 11 769 199 |
| Turnover Revenue | 40 782 230 | 55 642 380 | |
| Wages Salaries | 58 715 | 38 815 | 86 978 |
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|---|---|---|---|
| AA |
Full accounts data made up to Monday 31st July 2023 filed on: 4th, March 2024 |
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