Cash

£683K

+8% vs 2023

Net assets

£1M

-9.6% vs 2023

Employees

7

0% vs 2023

Profit before tax

-£135K

-188.3% vs 2023

Profile

Company number
03646098
Status
Active
Incorporation
1998-10-07
Last accounts made up
2024-12-31
Account category
FULL
Primary SIC
64999
Hubs
UK Fintech

Net assets

6-year trend · vs UK Fintech median

£0£1m£2m201920202021202220232024
NNPC TRADING SERVICES (UK) LIMITED

Accounts

6-year trend · latest 2024-12-31

Metric Trend 2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-31
Turnover £208,576£351,541
Operating profit £152,772-£45,391
Profit before tax £152,772-£134,898
Net profit £140,085-£135,845
Cash £632,586£683,084
Total assets less current liabilities
Net assets £1,419,792£1,283,947
Equity £963,034£1,210,682£1,225,982£1,279,707£1,419,792£1,283,947
Average employees 77
Wages

Values shown as filed in iXBRL accounts. indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers

Audit & accounting basis

From AI-extracted PDF accounts

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
Coleman - Isah
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The ultimate parent undertaking, NNPCL, has confirmed its intention to support the business financially for the foreseeable future and for no less than 12 months from the date of approval of these financial statements. Therefore, directors consider it appropriate to prepare financial statements on a going concern basis.”

Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers

People

10 active · 55 resigned

Name Role Appointed Born Nationality
ONUOGU, Uchechukwu Ifeatu Secretary 2024-02-08
DAGAZAU, Mumuni Director 2025-06-05 Jun 1967 Nigerian
FOUCART, Nicolas Guy, Mr. Director 2024-02-08 Nov 1970 Belgian
IDRIS, Maryamu Director 2025-06-05 Apr 1979 Nigerian
JAMARI, Salihu Nuhu, Mr. Director 2023-02-27 Sep 1967 Nigerian
NNACHI-IBIAM, Ogbonne Ogeri Director 2025-09-19 Apr 1974 Nigerian
OJULARI, Bashir Bayo Director 2025-06-05 Jun 1965 Nigerian
OMOTOWA, Oluwaseyi Oluwaseun Director 2025-01-21 Sep 1969 Nigerian
SEGUN, Adedapo Adeolu, Mr. Director 2024-02-08 Jan 1967 Nigerian
STOKMAN, Hubertus Sigfridus, Mr. Director 2023-02-27 Jul 1967 Dutch
Show 55 resigned officers
Name Role Appointed Resigned
ADEGUN, Stephen Adekunle Secretary 2015-08-11 2022-08-06
EMELIFE, Uzoma Maudline, Mrs. Secretary 2023-02-27 2024-02-08
NWAKALO-IMU, Kimashinor Thomas, Chief Secretary 2006-01-25 2015-08-11
OGBUE, Nkaepe Ibok Secretary 1998-10-07 2006-01-25
OSINAIKE, Titilola Motunde Secretary 2022-08-06 2023-02-27
LONDON LAW SECRETARIAL LIMITED Corporate Nominee Secretary 1998-10-07 1998-10-07
ABDULLAHI, Amina Director 2007-11-05 2010-10-08
ABDULLAHI, Isiyaku Director 2024-12-12 2025-06-05
ABDULRAZAQ, Isiaka Director 2017-09-20 2020-04-08
ABDURRAHMAN, Aisha Mata Director 2014-08-18 2015-08-11
ADEGBITE, Lillie Director 2006-01-25 2007-11-05
ADENIRAN, Victor Babatunde, Dr Director 2015-08-11 2016-10-20
ADEWALE, Ajayi, Dr Director 2006-01-25 2007-11-05
AGBA, Onyung Jedy Godwin Director 2012-04-26 2014-08-14
AHUBELEM, Azubike Edward Director 2006-01-25 2007-11-05
AJANAKU, Ebun Marcus Director 2000-04-05 2003-11-27
AJIYA, Umar Isa Director 2020-04-08 2025-01-21
AKANI, Olu Director 2006-12-18 2007-11-05
ALI, Mohammed Zarah, Mr. Director 2023-02-27 2024-02-08
AMINU, Umar Director 2020-04-08 2021-05-17
AWATAI, Ishaka Abdu Director 2004-01-21 2007-08-09
BABA-KUSA, Aminu Director 2007-11-05 2010-10-08
BAJOMO, Michael Olusanya Director 1999-09-01 2003-02-26
BALOGUN, Ayo, Dr Director 2007-11-05 2012-02-28
BARU, Maikanti Kacalla Director 2017-09-20 2020-04-08
BELLO, Mohammed Director 2007-11-05 2010-10-08
BUBA, Muhammad Lawal Director 1998-10-07 2000-04-05
CORDIER, Jean-Marc Louis, Mr. Director 2023-02-27 2024-07-23
DENNAR, Ezenwa Accarah Director 2000-04-05 2003-06-08
EMELIFE, Uzoma Maudline Director 2025-01-21 2025-06-05
GARUBA, Anesu Oshiotse Director 2003-02-26 2006-01-25
IKOKO, Philomena Anwuli Director 2020-10-08 2023-02-27
KOKO, Clement Director 1998-10-07 2000-04-05
KOMOLAFE, Olu Gbenga Director 2014-08-18 2015-08-11
KYARI, Mele Kolo Director 2015-08-11 2025-06-05
LADAN, Shehu Director 2007-11-05 2010-10-08
MUSA, Umma Ayuba Director 2017-09-20 2020-04-08
NDUPU, Lawrencia Director 2020-04-08 2023-02-27
NNAMOI-OGBUE, Esther Director 2015-08-11 2016-10-20
OBIH, Henry Ikem Director 2017-09-20 2020-04-08
OFURHIE, Macauley Agbada Director 1998-10-07 2000-04-05
OGBODO, David Director 2000-04-05 2003-08-25
OMOREGBEE, Roland Aiyeki Director 2014-08-18 2015-08-11
OTITONAIYE, Kolade Matthew Director 2024-07-23 2025-06-05
SADE, Lawal Director 2020-04-08 2025-01-21
SAIDU, Abdulkadir Umar Director 2015-08-11 2016-10-20
STANLEY, Reginald Chika Director 1998-10-07 1999-08-31
SULEIMAN, Muhammad Kudu Director 2020-04-08 2023-02-27
TOMBOMIEYE, Adokiye Director 2020-04-08 2023-02-27
USMAN, Musa Yola Director 2007-08-09 2015-08-11
USMAN, Shehu Abdullahi Director 2023-02-27 2024-07-23
WAYA, Invwa Ibrahim Director 2016-10-20 2020-04-08
WUNTI, Bala Maijama'A, Mr. Director 2023-02-27 2025-01-21
YUSUF, Attahir Baba, Dr Director 2010-10-08 2014-08-14
LONDON LAW SERVICES LIMITED Corporate Nominee Director 1998-10-07 1998-10-07

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Nigerian National Petroleum Company Corporate entity Shares 75–100%, Appoints directors, right-to-appoint-and-remove-directors-as-trust, right-to-appoint-and-remove-directors-as-firm 2023-07-19 Active
Federal Republic Of Nigeria Legal person Shares 75–100%, Voting 75–100%, Appoints directors 2016-04-06 Ceased 2025-08-01

Filing timeline

Last 20 of 186 total filings

Date Type Category Description
2025-10-15 CS01 confirmation-statement confirmation statement with no updates
2025-10-07 AP01 officers appoint person director company with name date
2025-09-15 AA accounts accounts with accounts type full
2025-08-19 PSC07 persons-with-significant-control cessation of a person with significant control
2025-07-09 AP01 officers appoint person director company with name date
2025-07-04 AP01 officers appoint person director company with name date
2025-06-24 AP01 officers appoint person director company with name date
2025-06-24 TM01 officers termination director company with name termination date
2025-06-24 TM01 officers termination director company with name termination date
2025-06-24 TM01 officers termination director company with name termination date
2025-06-24 TM01 officers termination director company with name termination date
2025-02-21 AP01 officers appoint person director company with name date
2025-02-14 AP01 officers appoint person director company with name date
2025-02-14 AP01 officers appoint person director company with name date
2025-02-14 TM01 officers termination director company with name termination date
2025-02-14 TM01 officers termination director company with name termination date
2025-02-14 TM01 officers termination director company with name termination date
2024-11-14 CS01 confirmation-statement confirmation statement with no updates
2024-11-12 AD02 address change sail address company with new address
2024-11-11 AP01 officers appoint person director company with name date

Credit score

Altman Z″ (private-firm) · reference 2024-12-31

-4.29

DISTRESS

Altman Z″

  • Working capital / Total assets -0.710 × 6.56 = -4.65
  • Retained earnings / Total assets 0.000 × 3.26 = +0.00
  • EBIT / Total assets -0.010 × 6.72 = -0.07
  • Book equity / Total liabilities 0.409 × 1.05 = +0.43

Bands: > 2.6 safe · 1.1–2.6 grey · < 1.1 distress. Z″ is a public-formula baseline, not a substitute for adverse-data signals (CCJs, charges, gazette notices) — those land in a later pass.

Activity Score

Filings velocity, capital events, officer churn, accounts trajectory

Activity Score not yet computed for this company.

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