BP (GIBRALTAR) LIMITED

• ⚠

  Material uncertainty over going concern

  In February 2025, a strategic review of the Castrol business, of which the company forms part, was announced. A possible outcome of this process is a change of full or partial ownership of the business. ... from the perspective of the company as a standalone legal entity, there is a material uncertainty until the outcome of strategic review, and the plans of a possible future owner are known, that may cast significant doubt about the company's ability to continue as a going concern.

1. BP (GIBRALTAR) LIMITED 2011-07-07 → present
2. BP(GIBRALTAR)LIMITED 1955-09-01 → 2011-07-07

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

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

FRS 101

Reporting scope

Standalone (parent only)

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“In February 2025, a strategic review of the Castrol business, of which the company forms part, was announced. A possible outcome of this process is a change of full or partial ownership of the business. ... from the perspective of the company as a standalone legal entity, there is a material uncertainty until the outcome of strategic review, and the plans of a possible future owner are known, that may cast significant doubt about the company's ability to continue as a going concern.”

Significant events

• “Subsequent to the reporting date, BP (Gibraltar) Limited ("the Company") identified that its business license - covering the procurement of petroleum products, appointment of independent suppliers for handling, storage and delivery services, and supporting functions such as documentation, invoicing, account management, and stock control - had inadvertently expired in November 2023, however operations continued until this issue was identified around 4 July 2025. Operations will remain suspended until a new license is obtained.”
• “In February 2025, a strategic review of the Castrol business, of which the company forms part, was announced. A possible outcome of this process is a change of full or partial ownership of the business. Taken as a whole, the Castrol business is highly profitable and cash-generative, however in the event of a change in ownership, it is possible that the new owners of the business may seek to reorganise its legal entity structure or transfer substantial components of the business to other existing legal entities within the new owners' control.”

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

Filings

7

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -24%

  £3,562,564 → £2,706,118

• Cash

  —

  Not reported

• Net assets

  0%

  £642,665 → £642,787

• Employees

  —

  Not reported

• Operating profit

  -284.9%

  £3,479 → -£6,432

• Profit before tax

  -95.1%

  £2,489 → £122

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