VITOL SERVICES LIMITED
Get an alert when VITOL SERVICES LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-09-21 (in 4mo)
Last made up 2025-09-07
Watchouts
None on the register
Cash
£30M
+120% vs 2023
Net assets
£208M
-39.7% vs 2023
Employees
196
+4.3% vs 2023
Profit before tax
£283M
-29.9% vs 2023
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £1,464,168,893 | £975,718,141 | |
| Operating profit | £402,992,278 | £278,616,847 | |
| Profit before tax | £403,036,571 | £282,650,159 | |
| Net profit | £307,875,493 | £211,468,911 | |
| Cash | £13,763,315 | £30,282,290 | |
| Total assets less current liabilities | — | — | |
| Net assets | £345,777,584 | £208,496,495 | |
| Equity | £345,777,584 | £208,496,495 | |
| Average employees | 188 | 196 | |
| Wages | £897,465,132 | £574,610,053 |
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 | 27.5% | 28.6% | |
| Net margin | 21.0% | 21.7% | |
| Gearing (liabilities / total assets) | 75.4% | 76.5% | |
| Current ratio | 1.34x | 1.32x | |
| Interest cover | 547.75x | 286.14x |
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
- IFRS
- Reporting scope
- Consolidated group
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Group's consolidated financial statements for the year ended 31 December 2024 have been prepared on a going concern basis as the directors have a reasonable expectation that the Group has adequate resources to continue in operational existence and meet its commitments as they fall due from the date of approval of these financial statements to 31 August 2026 (the going concern period).”
Group structure
- VITOL SERVICES LIMITED · parent
- Vitol Broking Limited 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 12 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BLUNDEN, Annie Elizabeth | Director | 2021-04-12 | Apr 1981 | British |
| HOLLAND, Samuel George William | Director | 2026-04-30 | Jun 1984 | British |
| MARSH, Jonathan Robert | Director | 2014-01-01 | Feb 1968 | British |
Show 12 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BOUMAN, Gerrit | Secretary | 1999-10-26 | 2001-12-31 |
| MARTIN, John Kerr | Secretary | 2002-01-01 | 2019-07-09 |
| L.C.I. SECRETARIES LIMITED | Corporate Secretary | 1999-10-26 | 1999-10-26 |
| BOUMAN, Gerrit | Director | 1999-10-26 | 2001-12-31 |
| COOK, Diane | Director | 2001-01-01 | 2021-04-12 |
| FAVRE, Roland | Director | 1999-12-16 | 2003-08-01 |
| HAYWARD, Mark Adrian | Director | 2019-01-01 | 2026-04-30 |
| LAMBROZA, Shlomo, Dr | Director | 2002-04-30 | 2005-07-01 |
| MARTIN, John Kerr | Director | 1999-10-26 | 2019-12-31 |
| ROSIGNOLI, Sandra Jane | Director | 2005-07-01 | 2006-05-01 |
| THOMAS, Paul | Director | 2003-11-01 | 2019-01-01 |
| L.C.I. DIRECTORS LIMITED | Corporate Director | 1999-10-26 | 1999-10-26 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Vitol Holding Sarl | Corporate entity | Shares 75–100%, Voting 75–100% | 2023-01-03 | Ceased 2023-02-01 |
Filing timeline
Last 20 of 102 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-08 | TM01 | officers | Termination director company with name termination date | |
| 2026-05-08 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-08 | AA | accounts | Accounts with accounts type group | |
| 2024-10-02 | AA | accounts | Accounts with accounts type group | |
| 2024-09-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-13 | AA | accounts | Accounts with accounts type group | |
| 2023-09-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-02-01 | PSC08 | persons-with-significant-control | Notification of a person with significant control statement | |
| 2023-02-01 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2023-01-03 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2023-01-03 | PSC09 | persons-with-significant-control | Withdrawal of a person with significant control statement | |
| 2022-10-06 | AA | accounts | Accounts with accounts type group | |
| 2022-09-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-10-06 | AA | accounts | Accounts with accounts type group | |
| 2021-10-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-04-12 | AP01 | officers | Appoint person director company with name date | |
| 2021-04-12 | TM01 | officers | Termination director company with name termination date | |
| 2020-10-01 | AA | accounts | Accounts with accounts type group | |
| 2020-09-17 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
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
-33.4%
£1,464,168,893 £975,718,141
-
Cash
+120%
£13,763,315 £30,282,290
-
Net assets
-39.7%
£345,777,584 £208,496,495
-
Employees
+4.3%
188 196
-
Operating profit
-30.9%
£402,992,278 £278,616,847
-
Profit before tax
-29.9%
£403,036,571 £282,650,159
-
Wages
-36%
£897,465,132 £574,610,053
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