Petrotech (uk) Limited

Petrotech (UK) Limited, based in Bury St. Edmunds, UK, is a small, active company established twelve years ago in 2013. With eight employees and £2,367,518 in assets, it operates from a real address and is led by two directors and a solo founder, Kazour John. The company regularly imports and exports electrical machinery and equipment – 9 months of imports and 21 months of exports recorded. Its core business, as described on its website, is providing specialised industrial services to sectors like oil and gas, petrochemical, power, and renewable energy. It offers a wide range of services, including tank cleaning, vacuum systems, lagoon management, and even accredited training courses.

The company’s website highlights its expertise in innovative tank cleaning, waste management, and environmental emergency response. It also boasts a presence in the renewable energy sector, offering solutions like specialist centrifuge services. It’s clear that Petrotech aims to be a full-service provider, catering to diverse industrial needs.

Financially, the company’s recent performance shows some interesting trends. Cash reserves increased by 40% to £1.4 million, which is a positive sign. However, accrued liabilities jumped by 90% to £1.2 million, and net assets rose only 17% to £1.1 million. Trade debtors decreased by 14%, which could indicate improved collection efforts, but total inventories increased by a staggering 370% to £430,000—perhaps reflecting increased stock levels. Bank borrowings also increased, though the increase was a substantial 400%. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in liabilities warrants further attention. The company's accounts were audited, and the auditor was JA Audit Limited.

Registered in England/Wales under the registration number 08461725, with a registered address at IP32 7BX, England, Bury St. Edmunds, Suffolk, Unit 3 Bunting Road.

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