DMEP HOLDCO 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

IFRS

Reporting scope

Consolidated group

Auditor

Mercer & Hole LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group or parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. DMEP HOLDCO LIMITED · parent
   1. DMEP (UK) Limited 100% · UK · non-trading parent undertaking
   2. OTSM S.A. 100% · Greece · operating petroleum company

Significant events

• “The international refining environment in 2024 continued to exhibit volatility. The developments over recent years in regions of crude supply (conflicts & sanctions) impacted the transportation of raw materials and finished goods; the risk of attacks on shipping in the Red Sea is causing disruptions in the supply chain and necessitating longer trade routes.”
• “Other than the events already disclosed no other material events took place after the end of the reporting period and up to the date of the publication of the financial statements.”

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

Filings

3

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

  +19.1%

  £47,849,689 → £56,968,203

• Cash

  +429.7%

  £286,871 → £1,519,613

• Net assets

  -253.8%

  £2,345,959 → -£3,608,901

• Employees

  —

  Not reported

• Operating profit

  -72.5%

  £5,613,746 → £1,542,849

• Profit before tax

  -116.5%

  -£4,134,558 → -£8,951,902

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