PETROLEUM INDUSTRY ENGINEERING OVERSEAS LIMITED Financials
- Company number
- 04094101CopyCopy
- Registered office
- Beech House, The Avenue, Wroxham, Norfolk NR12 8TS
- Incorporated
- 17/10/2000
Company snapshot
- Status
- Active
- Employees
- 3 (2024)
- Latest financial data
- 2024
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-71.20%vs 20232023: £544.74K
Total Assets
0.78%vs 20232023: £655.46K
Total Liabilities
354.95%vs 20232023: £110.72K
Employees
0vs 20232023: 3
In 2024, PETROLEUM INDUSTRY ENGINEERING OVERSEAS LIMITED reported net assets of £156.87K. The same filing shows total assets of £660.58K and total liabilities of £503.71K. Reported headcount was 3 in 2024. Total Liabilities rose from £110.72K in 2023 to £503.71K in 2024 (354.95%). Okredo holds filed figures for 2021–2024; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
-71.20%from £544.74K in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures PETROLEUM INDUSTRY ENGINEERING OVERSEAS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-77.8%vs 2022-52.8% a year compound (CAGR)
Total Assets
-15.8%vs 2022-8.2% a year compound (CAGR)
Total Liabilities
+537%vs 2022+152% a year compound (CAGR)
Employees
0%vs 2022Biggest increase
Total Liabilities+537%
£79.11K in 2022 to £503.71K in 2024
Biggest decrease
Net Assets-77.8%
£705.36K in 2022 to £156.87K in 2024
PETROLEUM INDUSTRY ENGINEERING OVERSEAS LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from PETROLEUM INDUSTRY ENGINEERING OVERSEAS LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 23.75%2024
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 76.25%2024
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for PETROLEUM INDUSTRY ENGINEERING OVERSEAS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | -45.04K | 705.36K | 544.74K | 156.87K |
| Total Assets£ | 196.71K | 784.47K | 655.46K | 660.58K |
| Cash in Bank£ | – | – | – | – |
| Total Liabilities£ | 241.75K | 79.11K | 110.72K | 503.71K |
| Employees | 3 | 3 | 3 | 3 |
PETROLEUM INDUSTRY ENGINEERING OVERSEAS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for PETROLEUM INDUSTRY ENGINEERING OVERSEAS LIMITED covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.
PETROLEUM INDUSTRY ENGINEERING OVERSEAS LIMITED reported net assets of £156.87K for 2024. That compares with £544.74K in 2023, a change of -71.20%.
PETROLEUM INDUSTRY ENGINEERING OVERSEAS LIMITED reported total assets of £660.58K for 2024. That compares with £655.46K in 2023, a change of 0.78%.
PETROLEUM INDUSTRY ENGINEERING OVERSEAS LIMITED reported total liabilities of £503.71K for 2024. That compares with £110.72K in 2023, a change of 354.95%.
PETROLEUM INDUSTRY ENGINEERING OVERSEAS LIMITED reported 3 employees in 2024, compared with 3 in 2023.
Between 2022 and 2024, PETROLEUM INDUSTRY ENGINEERING OVERSEAS LIMITED's net assets fell by 77.8%, total assets fell by 15.8%, total liabilities rose by 537% and employee numbers was unchanged. Net assets contracted at 52.8% a year across the two years to 2024, from £705.36K to £156.87K. Reported headcount went from 3 in 2022 to 3 in 2024.
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.