OMV SUPPLY & TRADING LIMITED

1. OMV SUPPLY & TRADING LIMITED 2014-10-17 → present
2. OMV TRADING SERVICES LIMITED 1991-07-25 → 2014-10-17
3. SHELFCO (NO. 622) LIMITED 1991-04-02 → 1991-07-25

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

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis which the directors consider to be appropriate for the following reasons. The company transacts with several OMV Group companies as described above and receives arm's-length remuneration from these companies. Furthermore, the Company continues to capitalise on the skills and experience of its staff by generating income from optimisation and trading business in its own name. The company meets its day to day working capital requirements from operational cash flows, overdraft facility under cash pooling arrangement with the group, short-term loans from the group headed by OMV Aktiengesellschaft, the ultimate parent company. The company has also entered into agreements with various banks for the purpose of receivables discounting to manage its working capital requirements. The directors have prepared cash flow forecasts and performed a going concern assessment which indicates that, in both the base and reasonably possible downsides, the company will have sufficient funds to cover its operating expenses however it may require working capital assistance. Working capital requirement can either be met by overdraft facility under cash pooling arrangement or short-term loans from group. Alternatively, the company is able to utilise existing receivables discounting arrangements in place with the external banks. Therefore, the directors are confident that the company will have sufficient funds to continue to meet its liabilities as they fall due for at least 12 months from the date of approval of the financial statements and therefore have prepared the financial statements on a going concern basis.”

Group structure

1. OMV SUPPLY & TRADING LIMITED · parent
   1. OMV Supply & Trading Singapore PTE Ltd 100% · Singapore

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

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

1

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

  -60.5%

  £42,090,437 → £16,609,340

• Cash

  -4.7%

  £2,655,300 → £2,529,281

• Net assets

  -0.7%

  £111,681,987 → £110,914,010

• Employees

  +7%

  43 → 46

• Operating profit

  -94.4%

  £27,515,938 → £1,546,331

• Profit before tax

  -102.2%

  £28,640,474 → -£616,012

• Wages

  -7.5%

  £8,893,254 → £8,229,800

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