PETREDEC (EUROPE) LIMITED

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

• Turnover

  -78.4%

  £948,290,349 → £204,845,631

• Cash

  -17.9%

  £7,243,777 → £5,944,532

• Net assets

  +117%

  -£5,536,368 → £942,663

• Employees

  +11.1%

  9 → 10

• Operating profit

  +105.5%

  £14,136,204 → £29,045,376

• Profit before tax

  +139.6%

  £11,838,977 → £28,360,619

• Wages

  +295%

  £3,266,801 → £12,902,744

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.

Accounting basis

IFRS

Reporting scope

Consolidated group

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors are hence of the opinion that it is appropriate to prepare financial statements of the Company on a going concern basis.”

Significant events

• “In April 2025, governments around the world, including China which is the largest importer of US origin LPG, announced tariffs on US imported goods, in response to the US imposing tariffs on products imported into the US.”
• “During May 2025, the United States and China discussed the possibilities of easing tariffs and agreed on a 90-day period tariff cuts, with China significantly reducing imposed tariffs on US imported goods to 10% during that period. During August 2025, another 90-day period of tariff cuts was agreed.”

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

Filings

12

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.