Pritchard-gordon Tankers Limited

Pritchard Gordon Tankers Ltd, based in Haywards Heath, UK, is a sizable company with a holding structure and active status. Established 33 years ago in 1992, it employs 96 people and manages assets worth £31,999,587, generating an annual revenue of £39,906,145. The company’s real address is registered, and it's overseen by five directors and one owner. A Google rating of 5.0, based on two reviews, suggests a positive reputation. Pritchard Gordon Tankers specializes in ocean transportation of crude oil, refined petroleum products, chemicals, and biofuels, using purpose-built tankers.

The company’s website highlights its core business: chartering vessels for marine transport. It operates a fleet of 10 vessels ranging from 6,800 dwt to 10,600 dwt, flying British, Isle of Man, or Maltese flags. Officers are British, European, and Caribbean, with crews primarily from Guyana. The company is currently constructing two more vessels and serves customers including major oil companies and regional distributors. Its ethos centers on safety, efficiency, and customer service.

Financially, Pritchard Gordon Tankers Ltd shows some concerning trends. Cash bank on hand decreased by a significant 39% to £9,400,000, and net assets declined by 11% to £110,000,000. Bank borrowings remained relatively stable, however. While turnover increased by 12% to £40,000,000, net loss deepened from £1,600,000 to £6,100,000—a substantial increase. Creditors decreased by 18%, suggesting improved debt management, but the rise in losses and decline in cash reserves warrants attention. The company’s size (meeting two of three criteria for a large company) means it’s not subject to a full audit, relying on unaudited statements. Menzies LLP performed the audit. The company’s reliance on its fleet and the volatile nature of the shipping industry likely contribute to these fluctuations.

Registered in England/Wales under the registration number 02694261, with a registered address at RH17 6BG, England, Haywards Heath, North Lodge Slaugham Park, Handcross.

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