EXOLUM PIPELINE SYSTEM LTD

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

  +12.9%

  £100,157,651 → £113,038,235

• Cash

  +487.3%

  £2,393,620 → £14,058,235

• Net assets

  +81.5%

  £95,650,399 → £173,560,216

• Employees

  +2%

  251 → 256

• Operating profit

  +26.5%

  £27,615,811 → £34,938,220

• Profit before tax

  +38.4%

  £21,686,169 → £30,006,244

• Wages

  +10.4%

  £12,561,020 → £13,862,260

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. EXOLUM PIPELINE SYSTEM LTD 2021-02-27 → present
2. CLH PIPELINE SYSTEM (CLH-PS) LTD 2015-05-05 → 2021-02-27
3. SHELFCO123 LIMITED 2015-03-18 → 2015-05-05

Accounting basis

IFRS

Reporting scope

Standalone (parent only)

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Taking all the above factors into consideration, the Company's Directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future and for a period of at least 12 months from the date of approval of these financial statements including its ability to continue with the current banking arrangements. The Directors therefore have adopted the going concern basis in preparing its financial statements”

Significant events

• “In May 2024, the Company issued 75,000,000 new ordinary shares of 1p each, at a premium of 99p per share, to its immediate parent company, raising £75,000,000.”
• “In April 2024, company paid £17,991,645 of dividend, which included £6,000,000 in respect of dividends declared in 2023 and £11,991,645 in respect of dividend declared in 2024. The remaining dividend of £8,000,000 was paid in Feb 2025 (2023:£ 6,000,000).”

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

Filings

2

last 12 months

Capital events

1

last 24 months

Officers appointed

0

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.