Skip to content
CompanySight
Company No. 03970675 · Incorporated 12 Apr 2000

Northern Petroleum (UK) Limited

Registered name: NORTHERN PETROLEUM (UK) LIMITED

Northern Petroleum (UK) Limited made a £18.9m loss in the year to 31 Dec 2023 (revenue not disclosed).

Northern Petroleum (UK) Limited reported a loss of £18.9m in the year to 31 Dec 2023; its revenue was not disclosed. It had 1 employee. The company is classified under “extraction of crude petroleum” and is based in London; we hold 3 years of its filed accounts.

Status
Active
Location
London, London
Age
26 yrs · since 2000
Type
Private Limited Company
Latest accounts · year to 31 Dec 2023

Key figures

IndependentSmall team
Revenue
—
Not disclosed in filing
Profit
−£18.9m
Growth —
Profit margin
—
 
Employees
1
Change ▼50%
Profit / employee
−£18.9m
 
Profitable streak
0yrs
Consecutive profitable years in our data

This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202131 Dec 202231 Dec 2023
DisclosureNo P&LProfit onlyProfit only
Profit & loss
Revenue (turnover)———
Profit after tax—−£18.9k−£18.9m
Profit (best available)—−£18.9k−£18.9m
Employees (average)221
Ratios
Profit margin———
Profit per employee—−£9.4k−£18.9m
Growth (year on year)
Headcount growth—0%▼50%
Balance sheet — indirect signals, not revenue
Cash at bank£13k£13k£13k
Net assets———
Debtors£71k£76k£80k
Deferred income£8k£0—
SourceAccounts · bulk data Jan 2024Accounts · bulk data Jan 2024FullAccounts · bulk data Feb 2025
Derived from the latest filing

How the business works

Profit margin
—
Profit ÷ revenue.
Gross margin
—
Gross profit ÷ revenue. High for software and services.
Revenue per employee
—
Revenue ÷ average employees.
Profit per employee
−£18.9m
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
—
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
—
Money owed by customers. Low = customers pay quickly.
Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets
—
Now —
Cash at bank
0%
Now £13k
Headcount
▼50%
Now 1
Deferred income
—
Now —
Fixed assets
—
Now —
Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit −£18.9m), from the Companies House accounts bulk data published Feb 2025. Spotted an error? Request a correction.

Updated from Companies House on 17 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.