SHELL COMPANY OF TÜRKIYE LIMITED
Get an alert when SHELL COMPANY OF TÜRKIYE LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-11-28 (in 6mo)
Last made up 2025-11-14
Watchouts
None on the register
Cash
£7M
-43.9% vs 2023
Net assets
£172M
-7.5% vs 2023
Employees
79
-3.7% vs 2023
Profit before tax
-£32M
-15.5% vs 2023
Name history
Renamed 1 time since incorporation
- SHELL COMPANY OF TÜRKIYE LIMITED 2023-01-19 → present
- SHELL COMPANY OF TURKEY LIMITED(THE) 1923-03-07 → 2023-01-19
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £223,156,851 | £171,223,431 | |
| Operating profit | -£33,997,145 | -£42,476,507 | |
| Profit before tax | -£28,084,282 | -£32,448,347 | |
| Net profit | -£30,929,455 | -£32,687,049 | |
| Cash | £11,712,566 | £6,575,179 | |
| Total assets less current liabilities | £186,867,671 | £172,582,373 | |
| Net assets | £186,035,436 | £172,079,779 | |
| Equity | £186,035,436 | £172,079,779 | |
| Average employees | 82 | 79 | |
| Wages | £5,113,290 | £6,373,413 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | -15.2% | -24.8% | |
| Net margin | -13.9% | -19.1% | |
| Return on capital employed | -18.2% | -24.6% | |
| Gearing (liabilities / total assets) | 15.6% | 17.3% | |
| Current ratio | 1.64x | 1.18x | |
| Interest cover | -12.85x | -25.88x |
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
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared under the going concern basis as the Directors are satisfied that the Company has adequate resources to meet its financial commitments over the going concern period post infusion of additional equity funding from its immediate parent undertaking, The Shell Petroleum Company Limited, which will enable the Company to meet its liabilities and commitments over the going concern period to 31 December 2026.”
Group structure
- SHELL COMPANY OF TÜRKIYE LIMITED · parent
- Shell & Turcas Petrol A.S. 70%
Significant events
- “On 8 March 2024, the Company issued 2,059,200 ordinary shares of £10 each to The Shell Petroleum Company Limited, its immediate parent undertaking. As a result of this, the Company's allotted, issued and fully paid up share capital increased to TRY 3,459,626 thousands.”
- “As a continuation of the agreement of absorbing the incremental cost of "non-Russian" products purchased by Shell & Turcas Petrol A.S. "STAS", the Company received an equity injection in the amount of TRY 2,062.5 Mn (USD 54.3 Mn) in March 2025.”
- “Additionally, in June 2025, the Company received a dividend of TRY 350.0 Mn from Shell & Turcas Petrol A.S. "STAS".”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 46 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| PECTEN SECRETARIES LIMITED | Corporate Secretary | 2022-11-01 | — | — |
| CARRE, Patrick Robert | Director | 2024-10-22 | Jun 1973 | German |
| CHAPLIN, Stuart James | Director | 2025-01-18 | Nov 1976 | British |
| ERDEM, Ahmet | Director | 2009-09-01 | Nov 1965 | Turkish |
| SHELL CORPORATE DIRECTOR LIMITED | Corporate Director | 2018-07-06 | — | — |
Show 46 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| PENFOLD, Diane June | Secretary | — | 1994-09-30 |
| RAIVADERA, Dipa | Secretary | 1994-10-03 | 1997-11-26 |
| SHELL CORPORATE SECRETARY LIMITED | Corporate Secretary | 1997-11-26 | 2022-11-01 |
| ADAMS, Vera | Director | 1998-08-04 | 2002-01-31 |
| BERGER, Ferdinand Anton | Director | — | 1996-04-11 |
| BOERSMA, Michael Adriaan Maria | Director | 1995-06-12 | 1997-11-12 |
| BOVAY, Trudy | Director | 2006-11-21 | 2009-09-01 |
| BREUKINK, Hendrik Willem | Director | 1993-07-01 | 1996-04-11 |
| BUNCH, David Leonard | Director | 2018-11-27 | 2022-01-12 |
| BUYZE, Philippe Edmond | Director | 1997-07-17 | 1998-08-01 |
| CORDEY, Neil Arthur | Director | 1997-07-17 | 2001-08-07 |
| DAMAN, Michael James | Director | 2004-04-21 | 2005-01-31 |
| DAVIES, Alan John | Director | 1996-04-11 | 1998-08-01 |
| DE VRIES, Wouter Sjoerd | Director | 2001-04-03 | 2004-01-31 |
| DEAN, Kenneth Alfred | Director | — | 1993-07-01 |
| DOEHMEL, Kurt | Director | 1996-04-11 | 2002-04-12 |
| DOUGLAS, Robert Harold | Director | 1996-04-11 | 1997-03-07 |
| DRECHSEL, Johan Gerard | Director | 1996-04-11 | 1997-01-14 |
| EDIBOGLU, Ayse Canan | Director | 2003-01-14 | 2009-05-31 |
| FORD, Timothy James | Director | 2014-01-08 | 2018-04-01 |
| GOLDSMITH, Alan | Director | 1998-08-04 | 1999-04-01 |
| HANSEN, Vagn Nedergaard | Director | 1996-04-11 | 1997-07-16 |
| HARROP, Michael Colin | Director | 2003-02-03 | 2007-09-01 |
| ILUBE, Roland Alexander | Director | 2021-03-31 | 2025-01-18 |
| KEIR, Campbell Anderson | Director | — | 1994-04-22 |
| KIMBALL, Sydney Christine Abenaa | Director | 2022-01-17 | 2024-08-31 |
| KNIEP, Joris Frits | Director | 2003-01-22 | 2006-11-30 |
| KONG, Teck Soon | Director | 1994-05-06 | 1996-04-11 |
| MEGAT, Zaharuddin B M M N | Director | — | 1995-06-12 |
| O'BRIEN, Russell Leslie | Director | 2009-09-01 | 2013-09-17 |
| OZER, Mehmet Tarik | Director | 1995-07-04 | 1995-12-31 |
| SANDERSON, Philip Thomas Edward | Director | 2007-09-01 | 2021-03-31 |
| SCHELTEMA, Margaretha Antoinette | Director | — | 1994-02-02 |
| SMITH, James Matheson | Director | — | 1996-04-11 |
| SOEFTING, Leif Staale | Director | — | 1994-01-21 |
| STRICK VAN LINSCHOTEN, Henrick Franciscus Thomas Maria | Director | — | 1995-01-18 |
| TROOST, Kerst Klaas | Director | 1994-10-25 | 1996-08-12 |
| TURKER, Melih | Director | 1998-08-04 | 2002-12-31 |
| TURNER, David Graham | Director | — | 1993-12-14 |
| UIJLENHOED, Cornelis Christiaan | Director | 2002-04-12 | 2003-01-22 |
| VOSER, Peter Robert | Director | 1999-09-02 | 2001-04-03 |
| WAIGHT, Roy Dennis | Director | 1996-09-12 | 1998-08-10 |
| WALLACE, Janine | Director | 2002-01-02 | 2005-08-01 |
| WILLIAMS, Catherine Lynne | Director | 2001-08-08 | 2003-01-31 |
| WITHRINGTON, John Knox | Director | — | 1994-01-21 |
| WOODS, Raymond Ian | Director | 1994-02-01 | 1996-04-11 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| The Shell Petroleum Company Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 253 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-01-19 CERTNM Certificate change of name company
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-11-14 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-10-03 | AA | accounts | Accounts with accounts type full | |
| 2025-04-29 | SH01 | capital | Capital allotment shares | |
| 2025-03-14 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-02-27 | AP01 | officers | Appoint person director company with name date | |
| 2025-02-27 | TM01 | officers | Termination director company with name termination date | |
| 2024-10-30 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-01 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-26 | AA | accounts | Accounts with accounts type full | |
| 2024-04-02 | SH01 | capital | Capital allotment shares | |
| 2024-03-01 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-10-10 | AA | accounts | Accounts with accounts type full | |
| 2023-04-26 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date | |
| 2023-04-14 | SH01 | capital | Capital allotment shares | |
| 2023-04-14 | SH01 | capital | Capital allotment shares | |
| 2023-03-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-01-19 | CERTNM | change-of-name | Certificate change of name company | |
| 2023-01-08 | AA | accounts | Accounts with accounts type full | |
| 2022-11-28 | AP04 | officers | Appoint corporate secretary company with name date | |
| 2022-11-18 | TM02 | officers | Termination secretary company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 1
- 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.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-23.3%
£223,156,851 £171,223,431
-
Cash
-43.9%
£11,712,566 £6,575,179
-
Net assets
-7.5%
£186,035,436 £172,079,779
-
Employees
-3.7%
82 79
-
Operating profit
-24.9%
-£33,997,145 -£42,476,507
-
Profit before tax
-15.5%
-£28,084,282 -£32,448,347
-
Wages
+24.6%
£5,113,290 £6,373,413
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