PETROPLAN HOLDINGS LTD
Get an alert when PETROPLAN HOLDINGS LTD 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
2027-04-18 (in 11mo)
Last made up 2026-04-04
Watchouts
Cash
£871K
-37.7% vs 2023
Net assets
-£1M
-200.4% vs 2023
Employees
77
-11.5% vs 2023
Profit before tax
-£4M
-244.2% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
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 | £93,549,178 | £81,993,969 | |
| Operating profit | -£556,237 | -£2,794,134 | |
| Profit before tax | -£1,051,314 | -£3,618,536 | |
| Net profit | -£1,185,897 | -£2,580,193 | |
| Cash | £1,397,612 | £870,590 | |
| Total assets less current liabilities | £1,522,880 | -£1,147,751 | |
| Net assets | £1,322,880 | -£1,327,751 | |
| Equity | £1,322,880 | -£1,327,751 | |
| Average employees | 87 | 77 | |
| Wages | £6,012,385 | £5,047,035 |
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 | -0.6% | -3.4% | |
| Net margin | -1.3% | -3.1% | |
| Return on capital employed | -36.5% | 243.4% | |
| Current ratio | 1.08x | 0.92x | |
| Interest cover | -1.11x | -3.38x |
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
- Consolidated group
- Auditor
- RPG Crouch Chapman 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's or the 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
- PETROPLAN HOLDINGS LTD · parent
- Petroplan Limited 100%
- Petroplan Europe Limited 100%
- Petroplan ME&A Limited 100%
- Petroplan North America Limited 100%
- Petroplan Sub-Sahara Africa (Pty) Limited 100%
- Petroplan Iraq Limited 100%
- Petroplan Middle East DMCC 100%
- Reeder Pyle Singapore Pte. Ltd 100%
- Petroplan Malaysia SND. BHD. 100%
- Petroplan USA LLC 100%
- Petroplan LLC 70%
- Petroplan Mozambique SA 100%
- Petroplan Canada Limited 100%
- Petroplan Australia Pty Ltd 100%
Significant events
- “On 1 July 2024 TXM Group Limited acquired 100% of the shares of Petroplan Holdings Limited and commenced a rationalisation process. This has included closing branches and rationalising the organisation structure to reduce overheads by £2,045k pa. During this period non-recurring expenses of £137k were incurred and losses made by branches that will no longer be trading amounted to £850k.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 14 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BETTELL, Jonathan James | Director | 2024-07-01 | Feb 1968 | British |
| GALLIMORE, Keiron | Director | 2024-07-01 | Oct 1971 | British |
| MIDGLEY, Andrew Edward | Director | 2024-07-01 | Mar 1972 | British |
Show 14 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BARNES, Philippa Anne | Director | 2014-01-01 | 2021-07-31 |
| COLES, Jess | Director | 2013-07-02 | 2015-09-21 |
| FERGUSON, Rory James | Director | 2017-01-16 | 2017-11-29 |
| HONEYMAN BROWN, Christopher | Director | 2018-09-01 | 2024-07-01 |
| HORTON, Pauline Avril | Director | 2013-11-01 | 2024-07-01 |
| HUNT, Ross Campbell | Director | 2017-01-31 | 2018-11-16 |
| MORRIS, Christopher John Pryce | Director | 2021-09-24 | 2022-10-14 |
| MORRISH, Rebecca Karen | Director | 2019-09-19 | 2021-02-17 |
| PYLE, Graham Robert | Director | 2013-11-01 | 2024-07-01 |
| REEDER, John Clement | Director | 2013-07-02 | 2024-07-01 |
| SPEERS, Andrew Giles | Director | 2013-07-02 | 2016-11-14 |
| THOMERSON, Jocelyn Susan | Director | 2013-11-01 | 2024-07-01 |
| WALTON, Martin Robert | Director | 2018-11-26 | 2019-10-30 |
| WILSON, Nigel John | Director | 2016-09-22 | 2017-09-25 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Txm Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2024-07-01 | Active |
| Mr Graham Robert Pyle | Individual | Shares 25–50% | 2021-10-14 | Ceased 2024-02-16 |
| Mr John Clement Reeder | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2024-07-01 |
Filing timeline
Last 20 of 102 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-07-05 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-23 | AAMD | accounts | Accounts amended with accounts type group | |
| 2026-04-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-01-22 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-10-04 | AA | accounts | Accounts with accounts type group | |
| 2025-05-06 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-01-03 | AA | accounts | Accounts with accounts type group | |
| 2024-07-18 | AD03 | address | Move registers to sail company with new address | |
| 2024-07-18 | AD02 | address | Change sail address company with new address | |
| 2024-07-10 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-07-10 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-07-10 | TM01 | officers | Termination director company with name termination date | |
| 2024-07-10 | TM01 | officers | Termination director company with name termination date | |
| 2024-07-10 | TM01 | officers | Termination director company with name termination date | |
| 2024-07-09 | TM01 | officers | Termination director company with name termination date | |
| 2024-07-09 | TM01 | officers | Termination director company with name termination date | |
| 2024-07-09 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-09 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-09 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-09 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-07-05 | RESOLUTIONS | resolution | Resolution |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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
-12.4%
£93,549,178 £81,993,969
-
Cash
-37.7%
£1,397,612 £870,590
-
Net assets
-200.4%
£1,322,880 -£1,327,751
-
Employees
-11.5%
87 77
-
Operating profit
-402.3%
-£556,237 -£2,794,134
-
Profit before tax
-244.2%
-£1,051,314 -£3,618,536
-
Wages
-16.1%
£6,012,385 £5,047,035
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