OIL 4 WALES LIMITED

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 102

Reporting scope

Standalone (parent only)

Auditor

Xeinadin Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have assessed the balance sheet and likely future cash flows of the company at the date of approving the financial statements. The directors believe that the company is well placed to continue its growth and to manage its business risks successfully despite the current uncertain economic outlook. The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they adopt the going concern basis in preparing the financial statements.”

Significant events

• “The company, which is now in its fourteenth year has continued the growth of previous years. This has been achieved by providing excellent value and quality customer service throughout Wales. The company has grown organically as the business has continued to invest in building its brand and reputation. Future plans include continued investment in the distribution fleet which will enable the brand to truly become the oil company of Wales.”

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

Filings

9

last 12 months

Capital events

0

last 24 months

Officers appointed

2

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

  -5.7%

  £185,067,389 → £174,487,577

• Cash

  -29.7%

  £785,147 → £552,034

• Net assets

  -11.2%

  £672,296 → £596,700

• Employees

  +11.3%

  133 → 148

• Operating profit

  -38.7%

  £1,043,027 → £639,154

• Profit before tax

  -63.1%

  £706,486 → £261,027

• Wages

  +9.9%

  £4,027,344 → £4,424,626

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