FREEPOINT COMMODITIES HOLDINGS LTD
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Cash
£5m
USD 6,696,000
-7.8% lowest in 3 filed years
Net assets
£77m
USD 103,845,000
-38.2% lowest in 3 filed years
Employees
111
-3.5% lowest in 3 filed years
Profit before tax
-£53m
USD -71,453,000
-1,055.7% lowest in 3 filed years
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £419,586,407 | £83,788,602 | £5,795,918 | -93.1% | |
| Operating profit | £259,959,190 | £6,934,097 | -£51,956,957 | -849.3% | |
| Profit before tax | £273,184,743 | £5,548,392 | -£53,026,345 | -1,055.7% | |
| Net profit | £206,284,728 | £1,621,299 | -£39,266,790 | -2,521.9% | |
| Cash | £15,289,593 | £5,386,819 | £4,969,202 | -7.8% | |
| Total assets less current liabilities | £321,252,551 | £138,330,946 | £104,898,701 | -24.2% | |
| Net assets | £278,386,439 | £124,766,794 | £77,064,935 | -38.2% | |
| Equity | £278,386,439 | £124,766,794 | £77,064,935 | -38.2% | |
| Average employees | 120 | 115 | 111 | -3.5% | |
| Wages | £134,963,899 | £41,118,274 | £32,345,826 | -21.3% | |
| Directors' remuneration | £2,197,457 | £955,110 | £742,115 | -22.3% |
Figures converted to GBP from USD at 0.742 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 62.0% | 8.3% | — | |
| Net margin | 49.2% | 1.9% | — | |
| Return on capital employed | 80.9% | 5.0% | -49.5% | |
| Gearing (liabilities / total assets) | 61.1% | 49.2% | 61.9% | |
| Current ratio | 1.77x | 2.18x | 1.79x | |
| Interest cover | 80.36x | 5.00x | -48.59x |
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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Consolidated group
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have a reasonable expectation that the Group has adequate resources to continue in operational existence for a period of at least twelve months from the date of approval of the financial statements. Thus, they deem the going concern basis of accounting to be appropriate and continue to adopt this basis in preparing the annual financial statements”
Group structure
- FREEPOINT COMMODITIES HOLDINGS LTD · parent
- Freepoint Commodities Europe LLP 100%
- Freepoint Commodities Oil Trading GmbH 100%
Significant events
- “On 4 January 2024, the Directors declared a $200 million noncash dividend to the Parent Company, representing $4.76 USD per share, that was settled effective 1 January 2024.”
- “effective as at 1 November 2023, Freepoint Commodities Oil Trading GmbH in Liquidation ("GmbH")”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| OAKFORD ADVISORS LTD | Corporate Secretary | 2019-01-03 | — | — |
| FEILBOGEN, Robert Joel | Director | 2011-09-27 | Aug 1968 | American |
| HECHT, Daniel Marc | Director | 2011-09-09 | Aug 1974 | American |
| MINICHIELLO, Giuseppe Marcello | Director | 2011-09-27 | Aug 1970 | British |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| THROGMORTON SECRETARIES LLP | Corporate Secretary | 2011-11-07 | 2018-09-04 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 54 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-25 | AA | accounts | Accounts with accounts type group | |
| 2026-07-08 | CH04 | officers | Change corporate secretary company with change date | |
| 2025-10-23 | AA | accounts | Accounts with accounts type group | |
| 2025-09-23 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-09-20 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-07-25 | AA | accounts | Accounts with accounts type group | |
| 2024-02-26 | SH01 | capital | Capital allotment shares | |
| 2023-10-20 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-09-22 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-09-18 | AA | accounts | Accounts with accounts type group | |
| 2023-09-07 | CH04 | officers | Change corporate secretary company with change date | |
| 2022-10-18 | AA | accounts | Accounts with accounts type group | |
| 2022-09-20 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-10-02 | AA | accounts | Accounts with accounts type group | |
| 2021-09-17 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2020-10-26 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2020-09-02 | AA | accounts | Accounts with accounts type group | |
| 2019-09-27 | AA | accounts | Accounts with accounts type group | |
| 2019-09-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-03-11 | CH04 | officers | Change corporate secretary company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- 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.