Oil & Gas Systems Limited

Oil & Gas Systems Ltd, based in Ely, UK, is a large company with an active status, having operated for 37 years. Employing 44 people, the company holds £13,483,598 in assets and generates £4,902,000 in yearly revenue. While registered at a virtual address, it’s managed by three directors and owned by one individual, Risch Dominik Gebhard. The company enjoys a stellar 5.0 Google rating based on five reviews. It regularly imports and exports optical and medical tools and devices, with 49 months of import activity and 71 months of export activity.

The company’s website, ogsl.com, positions itself as a “Global Metrology Experts for solutions in the energy industry.” It specializes in the design and supply of bespoke engineered process packages and metering systems for the oil, gas, power, chemical, and associated industries. Services include sampling and analysis, pipeline integrity solutions, and fuel gas conditioning. They even offer services for hydrogen and CCUS systems. The company operates from offices in Ely, Cambridge, and a fabrication and assembly facility in Swansea, South Wales.

Oil & Gas Systems Ltd’s website indicates a focus on engineering solutions, rather than direct e-commerce. It’s a B2B operation, providing specialized equipment and services to industrial clients. The site details a range of products and services, including metering systems, sampling analysis, and offshore solutions. They also offer engineering services, site supervision, and routine maintenance.

Financially, Oil & Gas Systems Ltd shows a mixed picture. Current assets decreased by 12% to £13 million, while bank borrowings increased by 3.2% to £5.4 million. Creditors dropped significantly by 66% to £3 million, which is a positive sign. Turnover decreased by 27% to £4.9 million, and net losses deepened by 65% to £100,000. The company’s large size (meeting two of three criteria for a large company) suggests a more established operation, but the declining profits and reduced cash reserves are concerning. The lack of a mentioned auditor, likely due to its size, means the financial data is unaudited.

The company’s shift towards hydrogen and CCUS solutions could represent a strategic move to capitalize on emerging markets, while the decrease in turnover suggests potential challenges in the core oil and gas sector. The drop in cash reserves, combined with increased bank borrowings, warrants close monitoring, but the decrease in creditors indicates better debt management.

Registered in England/Wales under the registration number 02167775, with a registered address at CB7 4EX, England, Ely, Denmark House, St. Thomas Place.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.