BISN OIL TOOLS LTD
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-02-06
Overdue
Watchouts
Cash
£9M
+123% highest in 3 filed years
Net assets
£16M
+21.5% highest in 3 filed years
Employees
32
+14.3% highest in 3 filed years
Profit before tax
£3M
-21.8% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Confirmation statement overdue
Due 2026-02-06.
Net assets
7-year trend · vs Industrials median
Accounts
7-year trend · latest reflected 2024-12-31
| Metric | Trend | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £7,402,747 | £15,012,047 | £12,574,118 | |
| Operating profit | — | — | — | — | £1,603,084 | £3,487,979 | £2,599,286 | |
| Profit before tax | — | — | — | — | £1,614,674 | £3,490,486 | £2,729,054 | |
| Net profit | — | — | — | — | £2,295,922 | £2,678,626 | £2,888,660 | |
| Cash | — | — | — | — | £8,736,137 | £3,953,711 | £8,817,288 | |
| Total assets less current liabilities | — | — | — | — | £10,364,268 | £13,043,245 | £15,849,967 | |
| Net assets | — | — | — | — | £10,284,837 | £12,963,463 | £15,752,123 | |
| Equity | £2,717,946 | £3,278,549 | £6,790,378 | £7,988,915 | £10,284,837 | £12,963,463 | £15,752,123 | |
| Average employees | — | — | — | — | 27 | 28 | 32 | |
| Wages | — | — | — | — | £1,862,415 | £2,335,201 | £2,798,206 | |
| Directors' remuneration | — | — | — | — | — | — | — |
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
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-16.2%
£15,012,047 £12,574,118
-
Cash
+123%
£3,953,711 £8,817,288
highest in 3 filed years
-
Net assets
+21.5%
£12,963,463 £15,752,123
highest in 3 filed years
-
Employees
+14.3%
28 32
highest in 3 filed years
-
Operating profit
-25.5%
£3,487,979 £2,599,286
-
Profit before tax
-21.8%
£3,490,486 £2,729,054
-
Wages
+19.8%
£2,335,201 £2,798,206
highest in 3 filed years
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 | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | 21.7% | 23.2% | 20.7% | |
| Net margin | — | — | — | — | 31.0% | 17.8% | 23.0% | |
| Return on capital employed | — | — | — | — | 15.5% | 26.7% | 16.4% | |
| Gearing (liabilities / total assets) | — | — | — | — | — | 44.0% | 39.9% | |
| Current ratio | — | — | — | — | — | 2.25x | 2.49x | |
| Interest cover | — | — | — | — | 1441.62x | — | — |
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.
Name history
Renamed 1 time since incorporation
- BISN OIL TOOLS LTD 2012-10-19 → present
- BISN LABORATORIES LTD 2011-08-10 → 2012-10-19
Audit & accounting basis
- Accounting basis
- FRS 102 §1A
- Reporting scope
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- Xeinadin Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Group structure
- BISN OIL TOOLS LTD · parent
- Bisn Oil Tools LLC 100%
- Bisn Oil Tools (Canada) Ltd 100%
Significant events
- “2024 was another significant year in BiSN's continuing development. Further substantial investment was made in the Group's patented technologies, and major new global customers were added to the customer base.”
- “The BISN Group has expanded significantly in the last two years. New subsidiary companies and operating facilities were established in Australia, Brazil, and Norway, to meet the demand for BISN's patented down-hole sealing technologies in these geographic markets.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 16 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CARRAGHER, Paul John | Director | 2011-08-10 | Apr 1969 | British |
| DEUTCH, Paul Dodek | Director | 2015-02-01 | Aug 1966 | American |
| GUPTA, Debashis, Mr. | Director | 2022-05-27 | Feb 1969 | Indian |
| HAND, John Leslie | Director | 2019-08-12 | Apr 1963 | American |
Show 16 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CARRAGHER, Dawn Jeanette | Secretary | 2011-08-10 | 2020-09-08 |
| ALCOSER, Luis | Director | 2016-12-15 | 2018-12-19 |
| ANGEL, Ricardo | Director | 2016-12-15 | 2019-04-30 |
| ASSARAT, Andrea, Mrs. | Director | 2021-01-22 | 2024-07-19 |
| BARTOS, John | Director | 2016-09-29 | 2017-04-04 |
| BHATTACHARYA, Arindam | Director | 2020-08-10 | 2022-05-27 |
| BIELKE, Eric | Director | 2019-04-30 | 2020-06-30 |
| BOWN, Chad | Director | 2018-12-19 | 2024-05-24 |
| CARRAGHER, Dawn Jeanette | Director | 2012-12-01 | 2014-07-10 |
| COOPER, Iain | Director | 2017-05-25 | 2020-08-10 |
| COYLE, William George Iii | Director | 2015-03-16 | 2016-02-19 |
| GARDNER, Chad David | Director | 2014-07-10 | 2015-03-16 |
| HAND, John | Director | 2016-04-13 | 2016-12-15 |
| JACOBS, Yomtov Eliezer | Director | 2011-08-10 | 2011-08-10 |
| MAYHEW, Robert David | Director | 2020-06-30 | 2020-12-18 |
| MOSS, Stuart Fraser | Director | 2019-08-12 | 2021-10-18 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Bisn Holdings Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 85 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-21 | RP01AP01 | officers | Replacement filing of director appointment with name | |
| 2025-09-01 | AA | accounts | Accounts with accounts type full | |
| 2025-08-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-01 | AA | accounts | Accounts with accounts type full | |
| 2024-08-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-08-06 | TM01 | officers | Termination director company with name termination date | |
| 2024-08-06 | TM01 | officers | Termination director company with name termination date | |
| 2023-09-30 | AA | accounts | Accounts with accounts type full | |
| 2023-08-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-12-22 | AA | accounts | Accounts with accounts type full | |
| 2022-08-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-06-07 | AP01 | officers | Appoint person director company with name date | |
| 2022-06-07 | TM01 | officers | Termination director company with name termination date | |
| 2021-10-19 | TM01 | officers | Termination director company with name termination date | |
| 2021-10-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-10-07 | AP01 | officers | Appoint person director company with name date | |
| 2021-09-30 | AA | accounts | Accounts with accounts type full | |
| 2021-08-31 | TM01 | officers | Termination director company with name termination date | |
| 2020-12-23 | AA | accounts | Accounts with accounts type full | |
| 2020-10-23 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.