BP MIDDLE EAST LIMITED

1. BP MIDDLE EAST LIMITED 1987-03-31 → present
2. BP ARABIAN AGENCIES LIMITED 1976-12-31 → 1987-03-31
3. B P (EASTERN AGENCIES) LIMITED 1957-09-30 → 1976-12-31

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

Affirmed

“The directors consider it appropriate to adopt the going concern basis of accounting in preparing the financial statements. The current economic and geopolitical environment were considered as part of the going concern assessment. Liquidity and financing are managed within the bp group under pooled group-wide arrangements which include the company. As part of the going concern basis of preparation for the company, the ability and intent of the bp group to support the company has also been taken into consideration. The most recent bp group financial statements continue to be prepared on a going concern basis.”

Group structure

1. BP MIDDLE EAST LIMITED · parent
   1. BAPCO Air Fueling Company B.S.C 0.13% · Bahrain · Aviation fuelling services

Significant events

• “The BAPCO Air Fueling Company B.S.C (BAFCO) is a joint venture company formed in 1985 to provide into-plane fuelling (ITP) services at Bahrain International Airport (BIA), including the storage and transport of aviation fuel from the refinery. The aviation fuel concession with Bahrain Airport Company S.P.C. (BAC) was renewed in April 2017 for another 3 years, up to April 2020 with a further 3 plus 3 years renewal up to April 2026.”
• “BAFCO was awarded a contract for the operations and maintenance of a new tank farm constructed by the airport in 2020.”
• “During the year the company has declared and paid dividends of $40,000,000 (2023 $Nil).”

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

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

2

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.

• Turnover

  -6.4%

  £44,905,856 → £42,017,050

• Cash

  —

  Not reported

• Net assets

  -63.3%

  £40,902,891 → £15,020,015

• Employees

  —

  Not reported

• Operating profit

  +5.7%

  £1,576,723 → £1,666,420

• Profit before tax

  +8.6%

  £3,470,719 → £3,768,718

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