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Cash

—

Latest balance sheet

Net assets

£89m

USD 119,648,000

+1.2% highest in 3 filed years

Employees

40

+21.2% highest in 3 filed years

Profit before tax

£7.4m

USD 9,925,000

-54.7% lowest in 3 filed years

Accounts

3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31

Metric Trend 2023-12-312024-12-312025-12-31 Δ vs prior
Turnover £1,160,366,332£1,288,775,072£964,641,187 -25.2%
Operating profit £17,247,411£17,879,656£7,418,924 -58.5%
Profit before tax £15,378,099£16,267,908£7,365,492 -54.7%
Net profit £14,224,192£15,354,187£6,589,239 -57.1%
Cash ——— —
Total assets less current liabilities —£87,758,676£88,792,579 +1.2%
Net assets £70,270,631£87,758,676£88,792,579 +1.2%
Equity £70,270,631£87,758,676£88,792,579 +1.2%
Average employees 243340 +21.2%
Wages £3,586,445£5,120,185£5,960,668 +16.4%
Directors' remuneration —£0£0 —

Figures converted to GBP from USD at 0.742 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2023-12-312024-12-312025-12-31
Operating margin 1.5%1.4%0.8%
Net margin 1.2%1.2%0.7%
Return on capital employed —20.4%8.4%
Gearing (liabilities / total assets) —60.8%52.6%
Current ratio 1.53x1.65x1.90x
Interest cover 8.89x10.18x18.18x

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Name history

Renamed 1 time since incorporation

  1. CHEVRON INTERNATIONAL TANKSHIP LIMITED 2006-04-10 → present
  2. TEXACO OVERSEAS TANKSHIP LIMITED 1950-08-03 → 2006-04-10

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
PricewaterhouseCoopers LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The company has obtained confirmation from its intermediate parent company, that it will provide adequate financial support to enable the company to meet its obligations for a period of at least one year from the date of approval of these financial statements.”

Significant events

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

4 active · 42 resigned

Name Role Appointed Born Nationality
COLA TRIMARCO, Maria Cecilia Secretary 2025-11-24 — —
ADAMSON, Alan Director 2018-06-11 Dec 1967 British
ANTZOULATOU, Angela (Angeliki) Director 2023-03-27 Dec 1975 Greek,Australian
CADDOCK, Matthew Richard Director 2018-02-01 Jan 1977 British
Show 42 resigned officers
Name Role Appointed Resigned
CODD, David Charles Secretary — 1993-06-25
ROBERTSON, Roy Alan Secretary 1993-06-25 2002-05-20
ZAZA, Brigitte Secretary 2002-05-20 2026-01-30
ALEXANDER, David Director 1993-10-31 1997-01-23
ANDREW, William Norman Director 2015-05-01 2018-04-01
BAILEY, Jerry Dean Director 1998-01-01 2000-01-31
BARKER, Stephen Philip, Captain Director 2012-11-20 2018-04-01
BENNETT, Donald Alvin Director 1996-02-28 1998-10-05
BROWN, Michael Gardner Director — 1993-09-15
CHADWICK, Iain Geoffrey Director 2008-10-14 2016-07-29
CODD, David Charles Director 1997-01-23 2002-05-20
COLOMB, Roger Brian Director — 1993-10-31
COSGROVE, Philip Damian Director 2015-11-19 2023-03-27
DAVIES, Philip Michael Director 2018-04-01 2020-03-01
DAVIS, Donald Wood Director 2014-03-01 2017-02-01
DONOHUE, Martin Nigel Director 2005-09-21 2007-04-01
FRAZIER, Ricks Parker Director 2002-05-20 2003-12-03
GAENSBACHER, Petra Claudia Director 2008-10-14 2009-06-29
GOODLAND, Brian Sidney Director — 1992-12-01
HARRISON, John Elliot Director 2024-04-23 2025-06-02
JASPER, Nicole Claire Director 2007-04-01 2007-08-15
LEVER, Stephen John Director 2001-10-04 2002-05-20
LITTLE, Peter James Director 2002-05-20 2014-03-01
MAGRILL, Leonard Philip Director 1995-04-19 1997-12-31
MCCULLAGH, Michael Patrick Director 1997-01-23 1998-10-31
MCGRAHAN, Andrew James Director 2002-05-20 2005-09-21
MCHALE, John William Director 1996-02-28 1999-10-11
OOSTHUIZEN, Vicki-Ann Harriet Director 2009-10-15 2010-03-03
PARFITT, Colin Ernest Director 2003-12-03 2006-08-01
PENTECOST, Gordon Richard Director 1993-09-15 1995-07-01
PICKERING, Barbara Ann Director 2020-03-01 2024-04-23
PICKERING, Barbara Ann Director 2002-05-20 2002-12-03
QUEGAN, Richard Joseph Director — 1996-02-28
RIXON, Peter Andrew Robin Director 2003-12-03 2006-08-01
ROSS, Mark Howard Director 2010-03-04 2018-06-11
RYAN, Michael Joseph Director 2006-08-01 2008-06-09
SAKLANI, Mahesh Chandra Director 2000-02-01 2002-05-20
SOLBERG, Robert Arthur Director 1992-12-01 1996-02-08
TEW, Michael Richard Leslie Director 2010-03-04 2012-11-20
TILTON, Glenn Fletcher Director — 1992-12-01
VANDEVOORDE, Mark Philip Director 2006-08-01 2006-11-01
WALKER, Alexander Director 2002-05-20 2010-03-04

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Chevron Global Maritime Llc Corporate entity Shares 75–100%, Voting 75–100%, Voting 75–100% (as firm) 2018-02-14 Ceased 2018-02-15
Chevron Latin Amercia Holdings Ltd Corporate entity Shares 75–100%, Shares 75–100% (as firm), Voting 75–100%, Appoints directors, Significant influence 2016-07-01 Ceased 2018-02-15
Chevron Corporation Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2016-04-06 Active

Filing timeline

Last 20 of 208 total filings

Date Type Category Description
2026-09-28 AA accounts Accounts with accounts type full
2026-07-16 CS01 confirmation-statement Confirmation statement with no updates PDF
2026-02-05 TM02 officers Termination secretary company with name termination date PDF
2025-12-01 AP03 officers Appoint person secretary company with name date PDF
2025-09-29 AA accounts Accounts with accounts type full
2025-07-08 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-06-02 TM01 officers Termination director company with name termination date PDF
2024-10-10 AA accounts Accounts with accounts type full
2024-07-02 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-04-23 AP01 officers Appoint person director company with name date PDF
2024-04-23 TM01 officers Termination director company with name termination date PDF
2024-01-03 AA accounts Accounts with accounts type full
2023-07-06 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-03-27 AP01 officers Appoint person director company with name date PDF
2023-03-27 TM01 officers Termination director company with name termination date PDF
2022-12-20 CH01 officers Change person director company with change date PDF
2022-10-11 AA accounts Accounts with accounts type full
2022-07-04 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-12-21 CH01 officers Change person director company with change date PDF
2021-10-08 AA accounts Accounts with accounts type full

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
4

last 12 months

Capital events
0

last 24 months

Officers appointed
1

last 12 months

Officers resigned
1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page