SPM OIL & GAS SCOTLAND LIMITED
Get an alert when SPM OIL & GAS SCOTLAND LIMITED 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
2026-06-19 (in 1mo)
Last made up 2025-06-05
Watchouts
None on the register
Cash
£7M
+48.5% vs 2023
Net assets
£8M
+8.7% vs 2023
Employees
43
+7.5% vs 2023
Profit before tax
£876K
-48.5% vs 2023
Name history
Renamed 2 times since incorporation
- SPM OIL & GAS SCOTLAND LIMITED 2021-04-06 → present
- SPECIALISED PETROLEUM MANUFACTURING LIMITED 1991-08-19 → 2021-04-06
- MEDIUMPULSE LIMITED 1991-05-14 → 1991-08-19
Net assets
2-year trend · vs Energy median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £12,145,000 | £10,541,000 | |
| Operating profit | £1,725,000 | £893,000 | |
| Profit before tax | £1,702,000 | £876,000 | |
| Net profit | £1,302,000 | £645,000 | |
| Cash | £4,410,000 | £6,547,000 | |
| Total assets less current liabilities | £7,979,000 | £8,394,000 | |
| Net assets | £7,415,000 | £8,060,000 | |
| Equity | £7,415,000 | £8,060,000 | |
| Average employees | 40 | 43 | |
| Wages | £2,023,000 | £1,991,000 |
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 | 14.2% | 8.5% | |
| Net margin | 10.7% | 6.1% | |
| Return on capital employed | 21.6% | 10.6% | |
| Gearing (liabilities / total assets) | 34.4% | 38.5% | |
| Current ratio | 2.90x | 2.46x | |
| Interest cover | 75.00x | 52.53x |
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 101
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Considering all the above, the directors have a reasonable expectation that the company has adequate financial and other resources to continue in operation for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.”
Significant events
- “The increase in tariffs from the United States has not had a direct impact on the Company as yet. Any increased costs in manufacturing of products to the parent company have not yet been dispersed to the Company so any indirect impact remains to be seen.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 17 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MARCO, Nicolas | Director | 2025-02-28 | Feb 1979 | French |
| MCGREGOR, Colin Bruce | Director | 2011-12-20 | Mar 1971 | United Kingdom |
Show 17 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DICKSON, Tom | Secretary | 2022-04-27 | 2022-12-31 |
| MCDONALD, Andrew Lawrence Aitken | Secretary | 1991-07-30 | 2011-12-20 |
| MCGREGOR, Colin Bruce | Secretary | 2011-12-20 | 2021-04-01 |
| MORENO PRIETO, Natalia | Secretary | 2023-01-15 | 2026-03-20 |
| WAHIWALA, Manohar Singh | Secretary | 2021-04-01 | 2022-04-27 |
| OSWALDS OF EDINBURGH LIMITED | Corporate Nominee Secretary | 1991-05-14 | 1991-07-30 |
| GILBERT, Ray Lee | Director | 1991-08-05 | 2013-12-18 |
| LOWRANCE, Dan Earl | Director | 1991-07-30 | 2007-07-19 |
| MCDONALD, Andrew Lawrence Aitken | Director | 1991-07-30 | 2015-06-23 |
| MITCHELSON, Alan Wallace Fernie | Director | 2007-10-31 | 2010-07-16 |
| PARADIS, David Andrew | Director | 2013-12-18 | 2015-06-23 |
| PEACH, Keith Richard | Director | 2015-06-23 | 2023-01-10 |
| PERT, Stuart Campbell | Director | 2010-07-16 | 2011-07-06 |
| REID, William Joseph | Director | 1999-08-01 | 2008-03-31 |
| ZADUCK, Kelly Anne Leman | Director | 2022-08-05 | 2025-02-28 |
| ZELLER, Jason Paul | Director | 2013-12-18 | 2015-04-06 |
| JORDANS (SCOTLAND) LIMITED | Corporate Nominee Director | 1991-05-14 | 1991-07-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Twg Investments (No.6) Limited | Corporate entity | Shares 75–100% | 2016-06-04 | Ceased 2016-06-04 |
| Spm Oil & Gas Inc. | Corporate entity | Shares 75–100% | 2016-06-04 | Active |
Filing timeline
Last 20 of 128 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-23 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-09-29 | AA | accounts | Accounts with accounts type full | |
| 2025-06-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-03-07 | AP01 | officers | Appoint person director company with name date | |
| 2025-03-07 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-18 | AA | accounts | Accounts with accounts type full | |
| 2024-06-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-12 | AA | accounts | Accounts with accounts type full | |
| 2023-06-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-01-16 | AP03 | officers | Appoint person secretary company with name date | |
| 2023-01-11 | TM01 | officers | Termination director company with name termination date | |
| 2023-01-06 | TM02 | officers | Termination secretary company with name termination date | |
| 2022-10-07 | AA | accounts | Accounts with accounts type full | |
| 2022-08-05 | AP01 | officers | Appoint person director company with name date | |
| 2022-06-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-04-28 | AP03 | officers | Appoint person secretary company with name date | |
| 2022-04-28 | TM02 | officers | Termination secretary company with name termination date | |
| 2021-12-02 | AA | accounts | Accounts with accounts type full | |
| 2021-06-14 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2021-06-14 | CS01 | confirmation-statement | Confirmation statement with updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 1
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
-13.2%
£12,145,000 £10,541,000
-
Cash
+48.5%
£4,410,000 £6,547,000
-
Net assets
+8.7%
£7,415,000 £8,060,000
-
Employees
+7.5%
40 43
-
Operating profit
-48.2%
£1,725,000 £893,000
-
Profit before tax
-48.5%
£1,702,000 £876,000
-
Wages
-1.6%
£2,023,000 £1,991,000
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