P V M OIL FUTURES LTD
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-02-20 (in 9mo)
Last made up 2026-02-06
Watchouts
Cash
1,238,000
-54.4% vs 2023
Net assets
1,979,000
-85.4% vs 2023
Employees
0
-100% vs 2023
Profit before tax
582,000
-3.2% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
As a result, the financial statements have been prepared on a basis other than going concern.
-
3 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Net assets
2-year trend · vs Financials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £4,157,000 | £0 | |
| Operating profit | £189,000 | £113,000 | |
| Profit before tax | £601,000 | £582,000 | |
| Net profit | £422,000 | £448,000 | |
| Cash | £2,716,000 | £1,238,000 | |
| Total assets less current liabilities | — | — | |
| Net assets | £13,531,000 | £1,979,000 | |
| Equity | £13,531,000 | £1,979,000 | |
| Average employees | 9 | 0 | |
| Wages | £2,212,000 | £0 |
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 | 4.5% | — | |
| Net margin | 10.2% | — | |
| Gearing (liabilities / total assets) | 2.4% | 30.6% | |
| Current ratio | 42.25x | 3.26x |
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
- Shipleys LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“As a result, the financial statements have been prepared on a basis other than going concern.”
Significant events
- “During 2023, the Company transferred its operational activities to a fellow subsidiary of TP ICAP Group plc (the 'Group'), after which the Company had ceased to trade.”
- “On 26 March 2024, the Company reduced its issued share capital to £1 by cancelling 500,000 ordinary shares of £1 each and transferred the surplus of £500,000 to retained profits.”
- “On 26 March 2024, the Company cancelled the amount standing to the share premium account and transferred the surplus of $9,001,999 to retained profits.”
- “During the year the directors declared and paid dividends on the ordinary shares of $12,000,000 (2023: $Nil).”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 35 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| YOUNG, Ceri Joanne Charles | Secretary | 2023-05-03 | — | — |
| REDMAN, Paul Anthony | Director | 2021-12-01 | Apr 1974 | British |
| ROZES, Christian Sebastien | Director | 2022-07-01 | Jul 1967 | French |
Show 35 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BRILL, Tiffany Fern | Secretary | 2016-10-31 | 2017-07-21 |
| HART, Victoria Louise | Secretary | 2024-09-23 | 2026-03-19 |
| MORFEE, Clifford Francis | Secretary | 1993-06-18 | 1996-03-28 |
| MORFEE, Jacqueline | Secretary | 1996-04-11 | 2003-03-07 |
| SAYERS, Catherine | Secretary | 2022-04-01 | 2023-05-03 |
| WARWICK, Suzanne Claire | Secretary | 2003-03-07 | 2014-11-26 |
| DAVID VENUS & COMPANY LLP | Corporate Secretary | 2014-11-26 | 2016-10-31 |
| ASHLEY, Paul James | Director | 2014-11-26 | 2019-09-27 |
| BASHENKO, Alla | Director | 2022-01-01 | 2023-03-21 |
| BIEBER, Robin Anthony | Director | 1993-06-18 | 2017-05-31 |
| BRIDEL, Claire Marie Michel | Director | 2021-03-25 | 2021-05-05 |
| DRANGANOUDIS, George | Director | 2023-03-31 | 2024-05-17 |
| FORSYTH, Matthew Abbotts | Director | 2022-07-01 | 2023-03-31 |
| GILLIGAN, Iain James | Director | 2012-11-01 | 2022-07-01 |
| HADLEY, Andrew Charles | Director | 2014-11-26 | 2016-10-31 |
| HUFTON, David Barrand | Director | 1999-06-30 | 2016-05-26 |
| HUFTON, David Barrand | Director | 1993-06-18 | 1997-01-29 |
| KELLY, Alan | Director | 2020-04-17 | 2021-12-01 |
| MAYHEW, Lucy Rachel | Director | 2020-04-25 | 2020-09-01 |
| MAZZARULLI, Pasquale Vincent | Director | 1993-06-18 | 1996-04-11 |
| MCCLUMPHA, Donald Stuart | Director | 2020-09-01 | 2022-06-30 |
| MEAGER, Joanna Mary | Director | 2023-11-01 | 2025-09-12 |
| MORFEE, Clifford Francis | Director | 1993-06-18 | 1996-03-28 |
| MORFEE, Jacqueline | Director | 1996-07-01 | 2003-03-07 |
| PLANQUART, Michel Daniel Jean Jacques | Director | 2020-04-25 | 2020-09-01 |
| POLYDOR, Andrew Aristotle | Director | 2024-08-23 | 2024-11-21 |
| POLYDOR, Andrew Aristotle | Director | 2014-11-26 | 2019-12-06 |
| PUGH, Christopher Charles William | Director | 1997-01-29 | 1998-05-26 |
| RANDALL, Peter Charles | Director | 2021-03-25 | 2025-03-31 |
| REINERT, Richard Arnim | Director | 2011-06-01 | 2014-11-26 |
| SHORT, James Andrew | Director | 1998-01-01 | 1999-06-30 |
| SPARKE, Stephen Howard | Director | 2021-03-25 | 2025-09-12 |
| WARWICK, Suzanne Claire | Director | 2002-07-01 | 2014-11-26 |
| WINK, Angus John Drennan | Director | 2014-11-26 | 2016-08-22 |
| WIPER, Philip Michael | Director | 2002-09-18 | 2013-03-20 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Tp Icap Emea Investments Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 177 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-02 | TM02 | officers | Termination secretary company with name termination date | |
| 2026-02-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-26 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-26 | TM01 | officers | Termination director company with name termination date | |
| 2025-05-07 | AA | accounts | Accounts with accounts type full | |
| 2025-03-31 | TM01 | officers | Termination director company with name termination date | |
| 2025-02-14 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-11-30 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-25 | AP03 | officers | Appoint person secretary company with name date | |
| 2024-08-30 | AP01 | officers | Appoint person director company with name date | |
| 2024-06-05 | TM01 | officers | Termination director company with name termination date | |
| 2024-05-07 | AA | accounts | Accounts with accounts type full | |
| 2024-03-26 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2024-03-26 | RESOLUTIONS | resolution | Resolution | |
| 2024-03-26 | CAP-SS | insolvency | Legacy | |
| 2024-03-26 | SH20 | capital | Legacy | |
| 2024-03-01 | RP04AP01 | officers | Second filing of director appointment with name | |
| 2024-02-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-11-07 | AP01 | officers | Appoint person director company with name date | |
| 2023-06-28 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 3
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
-100%
£4,157,000 £0
-
Cash
-54.4%
£2,716,000 £1,238,000
-
Net assets
-85.4%
£13,531,000 £1,979,000
-
Employees
-100%
9 0
-
Operating profit
-40.2%
£189,000 £113,000
-
Profit before tax
-3.2%
£601,000 £582,000
-
Wages
-100%
£2,212,000 £0
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