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Next accounts due

2027-09-30 (in 1y)

Last filed for 2025-12-31

Confirmation statement due

2027-03-26 (in 10mo)

Last made up 2026-03-12

Watchouts

1 item

Cash

£26M

+339.7% vs 2024

Net assets

£7M

+6.1% vs 2024

Employees

12

+9.1% vs 2024

Profit before tax

£555K

-63.1% vs 2024

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Accounts

7-year trend · latest reflected 2025-12-31

Metric Trend 2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Turnover £281,630,852£233,061,179
Operating profit -£475,220-£100,141
Profit before tax £1,504,096£555,163
Net profit £829,877£414,818
Cash £5,942,152£26,126,833
Total assets less current liabilities £6,813,389£7,226,402
Net assets £6,805,736£7,220,554
Equity £2,953,864£4,315,206£4,943,192£5,605,888£5,845,609£6,805,736£7,220,554
Average employees 1112
Wages £2,175,827£2,419,540
Directors' remuneration £1,140,764£1,205,761

Figures converted to GBP from USD at 0.748 per USD (Frankfurter spot rate) — hover any figure for the original. indicates the figure wasn't present under that line item in that period. About these numbers

Year-on-year

FY2024 → FY2025 · period ending 2025-12-31 vs 2024-12-31

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

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating margin -0.2%-0.0%
Net margin 0.3%0.2%
Return on capital employed -7.0%-1.4%
Current ratio 1.66x1.56x

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.

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
RSM UK Audit LLP
Audit opinion
Unqualified (clean)
Going concern
Material uncertainty disclosed

“The risk brought on by conflict in Ukraine and the associated economic uncertainty has resulted in increased energy prices and overall market volatility and this is likely to continue into 2026. There continues to be volatility in the market due to ongoing conflicts underway however the directors are confident that the current supply will not be overly affected meaning that revenues will be maintained. The directors are confident that the company in the short and medium term will be able to meet the demand placed upon it whilst the stable crude oil cargoes will help maintain overall operating profit thereby mitigating the going concern risk.”

Significant events

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

People

5 active · 24 resigned

Name Role Appointed Born Nationality
DENTONS SECRETARIES LIMITED Corporate Secretary 2018-11-06
JI, Ran Director 2020-06-30 Aug 1987 Chinese
LI, Chengyuan Director 2026-03-11 Jan 1978 Chinese
WU, Hao Director 2018-07-02 Jun 1971 Chinese
ZHU, Guang Director 2020-10-14 Jul 1972 Chinese
Show 24 resigned officers
Name Role Appointed Resigned
DEWEY & LEBOEUF CORPORATE SERVICES LIMITED Corporate Secretary 2004-03-12 2013-04-24
RICHARD SLADE AND COMPANY PLC Corporate Secretary 2016-06-22 2018-11-06
CHEN, Lei, Mr. Director 2017-05-11 2017-05-12
CHEN, Lei, Mr. Director 2017-05-11 2017-06-20
CHEN, Shudong Director 2014-02-10 2014-08-19
CHENGYUAN, Li Director 2024-01-10 2024-06-30
CHI, Defeng Director 2018-07-02 2021-07-30
DING, Ji Sheng Director 2013-05-09 2013-11-19
KONG, Lingyi Director 2017-06-20 2020-06-30
LI, Qingping Director 2008-09-26 2010-12-31
LI, Shuliang Director 2009-09-14 2010-12-31
LI, Shuliang Director 2004-03-12 2008-09-26
LIU, Xiaodong Director 2017-06-20 2020-10-14
LIU, Yingcai Director 2014-08-19 2017-05-10
SONG, Lijuan Director 2017-05-27 2017-06-20
SONG, Lijuan Director 2004-12-02 2017-05-11
SUN, Dengkun Director 2008-09-26 2010-12-31
WANG, Shali Director 2004-03-12 2008-09-26
WANG, Xingyi Director 2021-07-30 2024-01-10
XU, Shiguo Director 2010-11-12 2018-07-02
ZHANG, Pinxian Director 2013-08-27 2015-12-01
ZHANG, Pinxian Director 2010-11-12 2013-04-12
ZHANG, Weimin Director 2017-06-20 2018-07-02
ZHENG, Jun Director 2024-06-30 2026-03-11

Ownership

Persons with significant control

No persons with significant control on record.

Filing timeline

Last 20 of 129 total filings

Date Type Category Description
2026-04-02 AA accounts Accounts with accounts type full PDF
2026-03-25 CS01 confirmation-statement Confirmation statement with no updates PDF
2026-03-23 AP01 officers Appoint person director company with name date PDF
2026-03-23 TM01 officers Termination director company with name termination date PDF
2025-10-20 CH01 officers Change person director company with change date PDF
2025-10-20 CH01 officers Change person director company with change date PDF
2025-10-14 CH01 officers Change person director company with change date PDF
2025-05-15 AA accounts Accounts with accounts type full PDF
2025-03-12 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-08-07 TM01 officers Termination director company with name termination date PDF
2024-08-07 AP01 officers Appoint person director company with name date PDF
2024-06-13 AA accounts Accounts with accounts type full PDF
2024-03-12 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-03-01 TM01 officers Termination director company with name termination date PDF
2024-03-01 AP01 officers Appoint person director company with name date PDF
2023-06-26 AA accounts Accounts with accounts type full PDF
2023-03-14 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-08-08 AA accounts Accounts with accounts type full PDF
2022-03-15 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-09-09 AA accounts Accounts with accounts type full PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
8

last 12 months

Capital events
0

last 24 months

Officers appointed
1

last 12 months

Officers resigned
1

last 12 months

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

Official Companies House page