OPET INTERNATIONAL LIMITED

1. OPET INTERNATIONAL LIMITED 1996-08-09 → present
2. OTRADE INTERNATIONAL LIMITED 1996-02-06 → 1996-08-09

Latest accounts filed cover 2024-12-31; financial figures currently reflect up to 2023-12-31.

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

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have not identified any material uncertainty in respect of going concern thus they continue to adopt the going concern basis of accounting for preparing the annual financial statements.”

Significant events

• “The impact of the conflict in the Ukraine is having an adverse impact on the sales volumes for Opet International.”
• “The Company has moved its supplies to non-Russian sources to align with international sanctions which has led to a significant drop in sales volumes.”
• “The Company paid a full and final dividend of US$25,000,000 to its shareholder Opet Trade B.V on 26th September 2023.”
• “On 23rd November 2023, the company entered into an additional credit facility with Yapi Credit Nederland for an amount of US$10,000,000 at an interest rate of 10.5% and will be fully repayable on 14th May 2025.”

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

Filings

2

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

  -77%

  £2,894,093,407 → £666,825,494

• Cash

  +162.7%

  £10,559,107 → £27,735,633

• Net assets

  -22.6%

  £57,153,577 → £44,229,047

• Employees

  0%

  11 → 11

• Operating profit

  -66.5%

  £29,571,275 → £9,916,222

• Profit before tax

  -78.2%

  £26,301,004 → £5,742,721

• Wages

  -22.1%

  £5,728,670 → £4,459,949

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

Heads up: a more recent set of accounts has been filed but isn't yet reflected here — the figures above are older than the company's latest filing.