CHEMICALS & OIL STORAGE MANAGEMENT LIMITED

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 102

Reporting scope

Standalone (parent only)

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In forming their assessment of going concern, the directors have considered the following factors: (i) the Company didn't trade during the year ending 31 December 2024; (ii) no trading was forecast for the going concern period; (iii) the Company has no operating liabilities, provisions or contingent liabilities as at the balance sheet date; (iv) the Company had no third party debtors and so no credit loss will be incurred; and (v) the Company's investments in subsidiary undertakings are considered to be recoverable. (vi) The Company and other UK group entities participate in a centralised treasury arrangement including cash pooling, and this arrangement is expected to continue. Taking all the above factors into consideration and reviewing the business performance and modelled a range of cash forecast scenarios for the period to 31 December 2026, the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future and for a period of at least 12 months from the date of approval of these financial statements. The directors have no reason to believe that a material uncertainty exists that may cast significant doubt on the ability of the Company to continue as a going concern or its ability to continue with the current banking arrangements, and the financial statements have therefore been prepared on a going concern basis.”

Group structure

1. CHEMICALS & OIL STORAGE MANAGEMENT LIMITED · parent
   1. Exolum Immingham Limited 100% · England & Wales · Storage of bulk liquids and gases
   2. Exolum Tyneside Limited 100% · England & Wales · Storage of bulk liquids and gases
   3. Irish Bulk Liquid Transport Limited 100% · Eire · Management of bulk liquid storage terminal

Significant events

• “On 23 January 2024, the Company sold its investment in its subsidiary, Exolum Shannon Limited for a total consideration of £720,265 resulting in a gain of £527,377. The company increased its investment in Irish Liquid Transport Limited by £259,000.”
• “There are no subsequent events to disclose.”

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

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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

• Turnover

  —

  Not reported

• Cash

  -60%

  £90,000 → £36,000

• Net assets

  +9.8%

  £2,134,000 → £2,343,000

• Employees

  —

  Not reported

• Profit before tax

  +6,173.1%

  -£145,000 → £8,806,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers