LUBRICANTS UK LIMITED

• ⚠

  Material uncertainty over going concern

  Material uncertainty related to going concern: We draw attention to note 2 of the financial statements, which indicates that the company forms part of the Castrol business which is currently subject to a strategic review. A possible outcome of this is a change of full or partial ownership of the company. In the event of a change in ownership, new owners of the business may choose to reorganise the legal entity structure leading to liquidation of certain individual entities. As stated in note 2, these events or conditions indicate that a material uncertainty exists that may cast significant doubt on the company's ability to continue as a going concern.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  -11.4%

  £609,236,000 → £539,590,000

• Cash

  -96.5%

  £599,000 → £21,000

• Net assets

  -6%

  £1,166,054,000 → £1,096,568,000

• Employees

  +10%

  421 → 463

• Operating profit

  +88.8%

  -£333,018,000 → -£37,361,000

• Profit before tax

  +88.2%

  -£503,451,000 → -£59,550,000

• Wages

  +3.4%

  £57,863,000 → £59,826,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

1. LUBRICANTS UK LIMITED 2001-10-01 → present
2. BURMAH CASTROL TRADING LIMITED 1990-09-03 → 2001-10-01
3. BURMAH OIL TRADING LIMITED 1908-03-13 → 1990-09-03

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“Material uncertainty related to going concern: We draw attention to note 2 of the financial statements, which indicates that the company forms part of the Castrol business which is currently subject to a strategic review. A possible outcome of this is a change of full or partial ownership of the company. In the event of a change in ownership, new owners of the business may choose to reorganise the legal entity structure leading to liquidation of certain individual entities. As stated in note 2, these events or conditions indicate that a material uncertainty exists that may cast significant doubt on the company's ability to continue as a going concern.”

Group structure

1. LUBRICANTS UK LIMITED · parent
   1. Castrol Offshore Limited 100% · Non-trading company

Significant events

• “In February 2025, a strategic review of the Castrol business, of which the company forms part, was announced. A possible outcome of this process is a change of full or partial ownership of the business.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.