VPI IMMINGHAM LLP

1. VPI IMMINGHAM LLP 2013-07-23 → present
2. IMMINGHAM CHP LLP 2001-11-15 → 2013-07-23

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 101

Reporting scope

Standalone (parent only)

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The intermediate parent company, VPI Holding Limited, has undertaken to provide the funds necessary for the Partnership to continue as a going concern for a minimum of 12 months from the date of approval of the financial statements. The Directors have considered the liquidity and forecasts of VPI Holding Limited and deem this support appropriate for the going concern basis to continue to be adopted in preparing the financial statements. Therefore, the Members conclude there are no material uncertainties relating to events or conditions that may cast significant doubt over the ability for the Partnership to continue as a going concern and hold a reasonable expectation that the Partnership can continue to meet its obligations. Accordingly, the Directors continue to adopt the going concern basis in preparing the financial statements.”

Group structure

1. VPI IMMINGHAM LLP · parent
   1. VPI Pipeline Company Limited 100% · England and Wales · Dormant until 2024

Significant events

• “On 31 January 2025, as part of a Group restructure, all staff employed by the Partnership were transferred to the Partnerships intermediate parent undertaking, VPI Holding Limited. All employment obligations from this date onwards will be performed by VPI Holding Limited and the Partnership ceased to have any employees or future employment liabilities.”
• “On 30 June 2025, Prax Lindsay Oil Refinery Limited ("Prax"), a customer of the Group was placed into compulsory liquidation. Unpaid invoices and costs accrued prior to entering liquidation will be dealt with as part of the liquidation process. The Directors have assessed the outstanding debtor position owed to the Group by Prax as at the date of signing these financial statements, which relates to only the two-month period pre liquidation and have taken the necessary steps to mitigate non-recovery. The receivables outstanding from Prax at the balance sheet date were received in full post year end.”

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

  -55.3%

  £2,154,800,000 → £964,200,000

• Cash

  -39.9%

  £65,100,000 → £39,100,000

• Net assets

  +12.1%

  £174,600,000 → £195,700,000

• Employees

  +21.6%

  116 → 141

• Operating profit

  +216.3%

  -£8,600,000 → £10,000,000

• Profit before tax

  +203.4%

  -£20,400,000 → £21,100,000

• Wages

  -8.8%

  £21,600,000 → £19,700,000

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