ARAMCO TRADING LIMITED
Operating as part of the Saudi Aramco group, the company is a London-based commodity and security contracts trading subsidiary ultimately controlled by the Government of Saudi Arabia.
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Cash
£54m
USD 68,276,000
Latest balance sheet
Net assets
£948m
USD 1,209,037,000
Equity attributable
Employees
72
Average over period
Profit before tax
£234m
USD 297,864,000
Period ending 2023-12-31
Watch the reel
Our short-form breakdown of ARAMCO TRADING LIMITED's latest filing
Aramco's London trading desk moves £19 billion of commodities with just 89 staff. 🛢️
Net assets
1-year trend · vs Financials median
Accounts
1-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | Δ vs prior |
|---|---|---|---|
| Turnover | £19,778,161,280 | — | |
| Operating profit | £202,076,404 | — | |
| Profit before tax | £233,655,475 | — | |
| Net profit | £178,500,941 | — | |
| Cash | £53,558,205 | — | |
| Total assets less current liabilities | £948,413,084 | — | |
| Net assets | £948,413,084 | — | |
| Equity | £948,413,084 | — | |
| Average employees | 72 | — | |
| Wages | £5,170,223 | — | |
| Directors' remuneration | — | — |
Figures converted to GBP from USD at 0.784 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 —. Year-on-year comparison hidden: this filing's period length differs materially from the prior year. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 |
|---|---|---|
| Operating margin | 1.0% | |
| Net margin | 0.9% | |
| Return on capital employed | 21.3% | |
| Gearing (liabilities / total assets) | 68.1% | |
| Current ratio | 1.17x | |
| Interest cover | 14.72x |
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
- UK-adopted international accounting standards
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have reviewed the Company's financial position and available cash resources and are satisfied that the Company will continue as a going concern for at least the next 12 months from the date of the approval of these annual financial statements as the Company is profitable.”
Group structure
- ARAMCO TRADING LIMITED · parent
- Aramco Trading Americas LLC 100%
Significant events
- “Effective 27 January 2026, the Company's direct parent, Aramco Trading Company, became a wholly owned subsidiary of Aramco Downstream Company (ADC).”
- “The Company declared and paid dividends totalling USD 150 million during the year (2024: $nil), representing a distribution of USD 50 million per share.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| FURNESS, Frances Louise Elizabeth | Secretary | 2024-05-23 | — | — |
| MACDONALD, Kendra Mary Llewelyn | Secretary | 2020-01-02 | — | — |
| AL HAMDAN, Abdulaziz Abdullah | Director | 2026-08-07 | Jul 1977 | Saudi Arabian |
| AL-MULHIM, Mohammed Khalifa | Director | 2019-03-28 | Sep 1968 | Saudi Arabian |
| BU ALI, Mohammed Abdullah | Director | 2023-11-01 | Nov 1979 | Saudi Arabian |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| REED SMITH CORPORATE SERVICES LIMITED | Corporate Secretary | 2019-03-28 | 2020-01-02 |
| AL-BUAINAIN, Ibrahim Qassim | Director | 2019-03-28 | 2023-10-23 |
| KADI, Mohammed Ahmed | Director | 2019-03-28 | 2023-10-31 |
| KHATIR, Mohammad Ahmad | Director | 2023-11-01 | 2026-02-16 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| The Government Of The Kingdom Of Saudi Arabia | Legal person | Shares 75–100%, Voting 75–100%, Appoints directors | 2019-03-28 | Active |
Filing timeline
Last 20 of 28 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-14 | AA | accounts | Accounts with accounts type full | |
| 2026-08-07 | AP01 | officers | Appoint person director company with name date | |
| 2026-03-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-02-18 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-29 | CH01 | officers | Change person director company with change date | |
| 2025-07-08 | AA | accounts | Accounts with accounts type full | |
| 2025-03-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-26 | AA | accounts | Accounts with accounts type full | |
| 2024-05-30 | AP03 | officers | Appoint person secretary company with name date | |
| 2024-03-27 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-12-23 | AA | accounts | Accounts with accounts type full | |
| 2023-11-03 | AP01 | officers | Appoint person director company with name date | |
| 2023-11-02 | AP01 | officers | Appoint person director company with name date | |
| 2023-11-01 | TM01 | officers | Termination director company with name termination date | |
| 2023-11-01 | TM01 | officers | Termination director company with name termination date | |
| 2023-07-13 | SH01 | capital | Capital allotment shares | |
| 2023-03-21 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-01-09 | SH01 | capital | Capital allotment shares | |
| 2022-12-15 | AA | accounts | Accounts with accounts type full | |
| 2022-03-28 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
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.