Company Overview
Petrel Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Friday 16 January 1981, so this is a well established company. Petrel Limited has been in business for 45 years and 2 months. The accounts status is audit exemption subsidiary and the accounts are next due on Wednesday 30 September 2026.
Registered Address

1 Mercer Street, London, WC2H 9QJ
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Companies House Data
Company NamePETREL LIMITED
Company Number01539429
Registered Office Address1 Mercer Street
 WC2H 9QJ
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date16/01/1981
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date30/09/2026
Accounts Last Made Up Date31/12/2024
Accounts Account CategoryAUDIT EXEMPTION SUBSIDIARY
Returns Next Due Date03/08/2016
Returns Last Made Up Date06/07/2015
Previous Company NameChanged Date
PFP ELECTRICAL PRODUCTS LTD.13 Jun 2007
Directors & Members
Show Resigned
John Morgan - Director
(British, 47 years old, born July 1979)
Appointed 22 February 2024
 Active
Secretaries
Show Resigned
Other Company Directorships
John Morgan
ALLENWEST GROUP LIMITED
ALLENWEST LIMITED
ALLENWEST PIONEER LIMITED
BALDWIN & FRANCIS LIMITED
EX-TECH PIONEER LIMITED
IDESO GROUP LTD
INSPEC SOFTWARE LIMITED
INSPEC SOLUTIONS LTD
PETREL PIONEER LIMITED
PIONEER IDESO HOLDINGS LIMITED
PIONEER SAFETY GROUP LIMITED
PYROPRESS (PROPCO) LIMITED
PYROPRESS LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Dec-2024 31-Mar-2011 31-Mar-2010
Balance Sheet
Fixed Assets 169,727 169,727 182,212
Current Assets 2,138,111 2,138,111 2,167,869
Creditors Due Within One Year 1,235,288 1,235,288 1,280,996
Working Cap 902,823 902,823 886,873
Total Assets Less Current Liabilities 1,072,550 1,072,550 1,069,085
Long-term Liabilities 283,506 283,506 132,209
Net Assets 789,044 789,044 936,876
Share Capital & Reserves
Share Cap 100 100 100
Profit & Loss Reserves 788,944 788,944 936,776
Other Reserves 0 0 0
Shareholders Funds 789,044 789,044 936,876
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Mar-2011 31-Mar-2010
Tangible Fixed Assets - - -
Fixed Assets 7.4% 7.4% 7.8%
Stocks Inventory 17.6% 17.6% 16.1%
Debtors 64.1% 64.1% 63.3%
Cash Bank In Hand 9.7% 9.7% 11.4%
Current Assets 92.6% 92.6% 92.2%
Creditors Due Within One Year 53.5% 53.5% 54.5%
Net Current Assets Liabilities 39.1% 39.1% 37.7%
Creditors Due After One Year 12.3% 12.3% 3.6%
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability 34.2% 34.2% 39.9%
Called Up Share Capital 0.0% 0.0% 0.0%
Share Capital Allotted Called Up Paid 0.0% 0.0% 0.0%
Profit Loss Account Reserve 34.2% 34.2% 39.9%
Shareholder Funds 34.2% 34.2% 39.9%
Capital Employed - - -
Total Assets Less Current Liabilities 46.5% 46.5% 45.5%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Mar-2011 31-Mar-2010
Liquidity Ratio 1.7 1.7 1.7
Solvency Ratio 1.5 1.5 1.7
Reserves to Assets 0.3 0.3 0.4
Secured Creditors Unlock full report
Mortgages Charges 6
Mortgages Outstanding 1
Mortgages Part Satisfied 0
Mortgages Satisfied 5
Assets and Debt Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Mar-2011 31-Mar-2010
Assets 2,307,838 2,307,838 2,350,081
Debt 1,518,794 1,518,794 1,413,205
Net Assets/Debt 789,044 789,044 936,876

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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1 MERCER STREET, LONDON, WC2H 9QJ
3RD ELEPHANT PRODUCTIONS
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CODOC FILMS LIMITED
1 Mercer Street, London, WC2H 9QJ
B&TB PRODUCTIONS LTD
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CISSUS LIMITED
1 MERCER STREET, LONDON, WC2H 9QJ
SEAFOX WARWICK 2 LIMITED
1 MERCER STREET, LONDON, WC2H 9QJ
SEAFOX VFE LLP
1 Mercer Street, London, WC2H 9QJ
Document Filings
Termination of appointment of Brian Leslie Quarendon as a director on 2 April 2026
Termination of appointment of George Elliott Nicholson as a director on 2 April 2026
Satisfaction of charge 015394290006 in full
Consolidated accounts of parent company for subsidiary company period ending 31/12/24
Audit exemption statement of guarantee by parent company for period ending 31/12/24
Notice of agreement to exemption from audit of accounts for period ending 31/12/24
Confirmation statement made on 6 July 2025 with no updates
Previous accounting period shortened from 21 February 2025 to 31 December 2024
Previous accounting period shortened from 31 May 2024 to 21 February 2024
Registration of charge 015394290006, created on 27 September 2024
Confirmation statement made on 6 July 2024 with updates
Change of details for Project Apollo Limited as a person with significant control on 23 July 2024
Satisfaction of charge 015394290005 in full
Satisfaction of charge 1 in full
Satisfaction of charge 015394290004 in full
Satisfaction of charge 015394290003 in full
Satisfaction of charge 015394290002 in full
Registered office address changed from N/a Chuckery Road Walsall WS1 2DU England to 1 Mercer Street London WC2H 9QJ on 23 February 2024
Notification of Project Apollo Limited as a person with significant control on 22 February 2024
Cessation of Chamberlin Plc as a person with significant control on 22 February 2024
Termination of appointment of Alan John Tomlinson as a director on 22 February 2024
Termination of appointment of Kevin Price as a director on 22 February 2024
Termination of appointment of Alan John Tomlinson as a secretary on 22 February 2024
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