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PETROSHELL LIMITED Financials

Company number
05589689Copy
Copy
Registered office
27 Columbine Road, West Hamilton, Leicester, Leicestershire LE5 1UG
Incorporated
11/10/2005

Company snapshot

Status
Active
Employees
30 (2023)
Latest financial data
2024
Accounts type
Micro Entity

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£31.94K2024
-58.14%vs 2023

2023: £76.30K

Total Assets

£52.06K2024
-81.94%vs 2023

2023: £288.33K

Cash in Bank

£880.002023
-99.71%vs 2022

2022: £302.95K

Total Liabilities

£20.12K2024
-90.51%vs 2023

2023: £212.03K

Employees

302023
-5vs 2022

2022: 35

In 2024, PETROSHELL LIMITED reported net assets of £31.94K. The same filing shows total assets of £52.06K, cash in bank of £880.00 and total liabilities of £20.12K. Reported headcount was 30 in 2023. Cash in Bank fell from £302.95K in 2022 to £880.00 in 2023 (-99.71%). 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

£31.94K2024
-58.14%from £76.30K in 2023

Year-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 PETROSHELL LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£101.59K2022£31.94K2024
-68.6%vs 2022

-43.9% a year compound (CAGR)

Total Assets

£587.69K2022£52.06K2024
-91.1%vs 2022

-70.2% a year compound (CAGR)

Total Liabilities

£483.79K2022£20.12K2024
-95.8%vs 2022

-79.6% a year compound (CAGR)

Biggest decrease

Total Liabilities-95.8%

£483.79K in 2022 to £20.12K in 2024

Every indicator Okredo holds for PETROSHELL LIMITED fell between 2022 and 2024. The steepest fall came in total liabilities, pointing to lighter outstanding obligations, with net assets and total assets falling alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from PETROSHELL 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
61.35%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
38.65%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.
Cash to liabilities
0.42%2023
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
Cash to total assets
0.31%2023
Reported cash in bank divided by reported total assets, for the latest year both were filed.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for PETROSHELL LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£66.75K101.59K76.30K31.94K
Total Assets£705.53K587.69K288.33K52.06K
Cash in Bank£343.27K302.95K880.00–
Total Liabilities£635.85K483.79K212.03K20.12K
Employees693530–

PETROSHELL LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for PETROSHELL LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

PETROSHELL LIMITED reported net assets of £31.94K for 2024. That compares with £76.30K in 2023, a change of -58.14%.

PETROSHELL LIMITED reported total assets of £52.06K for 2024. That compares with £288.33K in 2023, a change of -81.94%.

PETROSHELL LIMITED reported cash in bank of £880.00 for 2023. That compares with £302.95K in 2022, a change of -99.71%.

PETROSHELL LIMITED reported 30 employees in 2023, compared with 35 in 2022.

Between 2022 and 2024, PETROSHELL LIMITED's net assets fell by 68.6%, total assets fell by 91.1% and total liabilities fell by 95.8%. Net assets contracted at 43.9% a year across the two years to 2024, from £101.59K to £31.94K. The largest fall over the period was total liabilities, down 95.8% from £483.79K to £20.12K.

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.