NNPC TRADING SERVICES (UK) LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-10-15 (in 5mo)
Last made up 2025-10-01
Watchouts
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
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
4 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Name history
Renamed 1 time since incorporation
- NNPC TRADING SERVICES (UK) LIMITED 2022-11-23 → present
- DUKE OIL SERVICES (UK) LIMITED 1998-10-07 → 2022-11-23
Net assets
6-year trend · vs Financials median
Accounts
6-year trend · latest reflected 2024-12-31
| Metric | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| 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 | — | — | — | — | 7 | 7 | |
| Wages | — | — | — | — | — | — |
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 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | 73.2% | -12.9% | |
| Net margin | — | — | — | — | 67.2% | -38.6% | |
| Gearing (liabilities / total assets) | — | — | — | — | 36.8% | 71.0% | |
| Current ratio | — | — | — | — | 2.71x | 1.58x | |
| Interest cover | — | — | — | — | — | -0.51x |
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 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 and subsidiary information is drawn from the narrative of the latest annual accounts. 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 |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 11
- Capital events
- 0
- Officers appointed
- 4
- Officers resigned
- 4
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
+68.5%
£208,576 £351,541
-
Cash
+8%
£632,586 £683,084
-
Net assets
-9.6%
£1,419,792 £1,283,947
-
Employees
0%
7 7
-
Operating profit
-129.7%
£152,772 -£45,391
-
Profit before tax
-188.3%
£152,772 -£134,898
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