IMPALA TERMINALS INFRASTRUCTURE UK LTD.

1. IMPALA TERMINALS INFRASTRUCTURE UK LTD. 2024-07-25 → present
2. PUMA ENERGY (UK) LIMITED 2014-08-01 → 2024-07-25

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

Standalone (parent only)

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Company's business activities, together with the factors likely to affect its future developments, its financial position, financial risk management objectives, details of its financial instruments and its exposures to price, credit, liquidity and cash flow risks described above and in the Strategic Report. The agent and storage contracts with Puma Energy expire in September 2025 and, should they not be renewed on current terms, presents a risk to the Company as a going concern. This risk is appropriately mitigated by the Company having considerable financial strength together with being part of the wider Impala Terminals Group. Having assessed contracts already in place, and having reviewed the market for future storage contracts, the Directors expect the Company to be profitable into the future. Furthermore, with the focus on operating as an oil storage operator, there is considerable upside in the letting of currently empty storage tanks. The Company is party to an operating agreement with Impala Infrastrucuture Switzerland S.a.r.l, which effectively limits the Company's financial exposure in relation to price, credit, liquidity risk. The Company derives a guaranteed routine margin on its terminal operating activities as a result. Consequently, the directors believe that the Company is well placed to manage its business risks successfully. They have a reasonable expectation that the Company has adequate resources to continue in operational existence for a period of 12 months from the date of approval of the balance sheet however, should support be needed, the Company has obtained a letter of support from an intermediate parent company within Impala Terminals Group (ITG3 Sarl), the Directors have reviewed the financial position and forecasted cashflows of this intermediate parent company and are satisfied it has the ability to support the Company, should that be needed. Based on the Company's forecasts, the financial statements have been prepared on the going concern basis.”

Significant events

• “In February 2025, the Company entered into an agreement with an Impala Terminals group company to deposit excess funds as part of ongoing group cash management optimisation. This does not have any impact on the 2024 financial statements.”
• “In March 2025 the Company novated its lease for the Dagenham bitumen terminal to a related party, the subsequent derecognition of ROU asset and associated lease liability does not have an impact on the 2024 financial statements.”

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

Filings

4

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

  -2.3%

  £38,612,000 → £37,743,000

• Cash

  +21.5%

  £34,504,000 → £41,915,000

• Net assets

  +71%

  £5,049,000 → £8,632,000

• Employees

  -8.9%

  123 → 112

• Operating profit

  +58.3%

  £6,495,000 → £10,279,000

• Profit before tax

  +175.2%

  -£5,375,000 → £4,040,000

• Wages

  -7.5%

  £7,538,000 → £6,970,000

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