MABANAFT LIMITED
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Cash
£15m
+4,002.8% highest in 3 filed years
Net assets
£50m
-1.3% vs 2024
Employees
35
-16.7% lowest in 3 filed years
Profit before tax
£1.3m
-75.6% first positive since 2023
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £1,103,239,000 | £773,759,000 | £663,929,000 | -14.2% | |
| Operating profit | -£8,907,000 | -£1,359,000 | £2,484,000 | +282.8% | |
| Profit before tax | -£13,063,000 | £5,477,000 | £1,335,000 | -75.6% | |
| Net profit | -£10,056,000 | £8,173,000 | -£652,000 | -108% | |
| Cash | £2,852,000 | £357,000 | £14,647,000 | +4,002.8% | |
| Total assets less current liabilities | — | — | — | — | |
| Net assets | £38,243,000 | £51,116,000 | £50,464,000 | -1.3% | |
| Equity | £38,243,000 | £51,116,000 | £50,464,000 | -1.3% | |
| Average employees | 45 | 42 | 35 | -16.7% | |
| Wages | £4,020,000 | £4,206,000 | £3,771,000 | -10.3% | |
| Directors' remuneration | £608,000 | £351,000 | £374,000 | +6.6% |
Values shown as filed in the company's annual accounts. — 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 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | -0.8% | -0.2% | 0.4% | |
| Net margin | -0.9% | 1.1% | -0.1% | |
| Gearing (liabilities / total assets) | 76.2% | 66.6% | — | |
| Current ratio | 1.17x | 1.33x | 1.66x | |
| Interest cover | -2.12x | -0.37x | 2.01x |
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
- MABANAFT LIMITED 1999-12-30 → present
- MABANAFT INTERNATIONAL LIMITED 1994-08-19 → 1999-12-30
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on a going concern basis as the Director is satisfied that the Company has the resources to continue in business for the foreseeable future. Based on this going concern assessment, the Director is of the opinion that the Company has adequate resources to fund its operation for the foreseeable future and that there are no material uncertainties that cast doubt on the Company's going concern status.”
Group structure
- MABANAFT LIMITED · parent
- MB Energy Limited 100%
- Thomas Silvey, Limited 100%
- Onroute Truckstops Limited 100%
- Mabanaft Chemicals & Gas Limited 100%
Significant events
- “The Middle East crisis centred on the US/Israel conflict with Iran, which started in February 2026, is causing significant global economic disruption, with the impact largely dependent on the duration of the conflict. A prolonged conflict is expected to keep oil prices highly volatile, disrupt supply chains and potentially slow global economic growth, with the effects likely to extend into 2027.”
- “Mabanaft has rebranded as MB Energy, as part of a wider group rebranding programme.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 47 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| JAMES, Miriam | Director | 2026-01-27 | Jun 1985 | British |
| WATKINS, Caroline Mary Britt | Director | 2024-03-08 | Feb 1968 | British |
Show 47 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DILWORTH, Eoin Michael | Secretary | 2012-10-15 | 2021-11-30 |
| EVERITT, Simon Giles | Secretary | 2008-01-31 | 2008-12-15 |
| FLACH, Christian | Secretary | 1997-10-02 | 1999-09-08 |
| FROSE, Klaus Dieter | Secretary | 1997-01-07 | 1997-10-02 |
| GRACEY, Guy Christopher | Secretary | 2003-04-01 | 2004-07-23 |
| GRIFFITHS, Anthony Charles | Secretary | 1999-09-08 | 2003-03-31 |
| NEWTON, Max | Secretary | 2004-07-23 | 2006-02-22 |
| PATEL, Khilna Kanji | Secretary | 2022-09-23 | 2023-01-13 |
| POTTEN, William Henry | Secretary | 2007-07-18 | 2008-01-31 |
| STEVENS, Paul Andrew | Secretary | 2006-12-27 | 2007-07-18 |
| SWISCHENKO, Nadine | Secretary | 2006-02-22 | 2006-12-27 |
| TAMARA VELASCO, Jesus Alfredo | Secretary | 2008-12-15 | 2012-10-15 |
| WICH, Peter Wolfgang | Secretary | 1994-10-03 | 1997-01-07 |
| CMH SECRETARIES LIMITED | Corporate Nominee Secretary | 1994-08-19 | 1994-10-03 |
| ADAMS, Mark Charles | Director | 1994-08-26 | 1996-12-03 |
| BRINKMANN, Joachim, Dr | Director | 1996-12-19 | 1998-05-28 |
| COOK, Martin | Director | 2018-02-01 | 2021-11-30 |
| DILWORTH, Eoin Michael | Director | 2016-07-01 | 2021-11-30 |
| FLACH, Christian Franz, Dr | Director | 2006-09-18 | 2011-01-01 |
| FLACH, Franz Christian, Dr | Director | 2016-05-03 | 2017-07-31 |
| FROSE, Klaus Dieter | Director | 1999-09-08 | 2007-01-15 |
| FROSE, Klaus Dieter | Director | 1996-03-18 | 1997-10-02 |
| FULFORD, Reginald Peter | Director | 1999-09-08 | 2000-12-31 |
| HOFFMAN, Jens Olaf | Director | 1997-05-09 | 1999-09-08 |
| HUETTMANN, Raphael | Director | 2008-07-15 | 2018-11-15 |
| MORRIS, Dean Peter | Director | 2024-05-03 | 2025-12-04 |
| NAIR, Jay Sukumaran | Director | 2021-07-29 | 2024-03-08 |
| NETTE, Claus Georg, Doctor | Director | 1998-05-29 | 1999-09-08 |
| PATEL, Khilna Kanji | Director | 2022-09-23 | 2023-01-13 |
| QUINN, Anthony Laurence | Director | 1999-09-08 | 2000-06-02 |
| RIETKERK, Erik Peter | Director | 2002-04-30 | 2006-09-18 |
| RITCHIE, Adam Patrick | Director | 2017-08-01 | 2017-10-13 |
| ROBERTS, Craig Michael | Director | 2006-02-09 | 2008-07-15 |
| ROLPH, Mark Aylward | Director | 2008-02-18 | 2012-07-27 |
| SALLIS, John | Director | 2000-06-02 | 2006-02-09 |
| SCHREIBER, Wigand Bruno Carl Joachim | Director | 1994-10-03 | 1996-03-15 |
| STEVENS, Paul Andrew | Director | 2007-01-15 | 2008-02-18 |
| SUGLANI, Harjinder | Director | 2023-01-13 | 2024-03-08 |
| SUGLANI, Harjinder | Director | 2021-07-29 | 2022-09-23 |
| TAMARA VELASCO, Jesus Alfredo | Director | 2009-08-18 | 2012-10-15 |
| TELLECHEA, Julio Nestor | Director | 2012-10-15 | 2016-05-03 |
| VAN DER VELDEN, Jan-Willem | Director | 2008-07-15 | 2012-03-28 |
| WAYNE, Mark Robert | Director | 2008-07-15 | 2019-05-16 |
| WEISSER, Hellmuth | Director | 1994-10-03 | 2002-04-30 |
| WICH, Peter Wolfgang | Director | 1994-10-03 | 1997-01-07 |
| CMH DIRECTORS LIMITED | Corporate Nominee Director | 1994-08-19 | 1994-10-03 |
| CMH SECRETARIES LIMITED | Corporate Nominee Director | 1994-08-19 | 1994-10-03 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mabanaft Uk Holding Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2017-12-27 | Active |
Filing timeline
Last 20 of 285 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-10-17 RESOLUTIONS Resolution
- 2024-03-15 RESOLUTIONS Resolution
- 2024-03-15 MA Memorandum articles
- 2024-03-14 CC04 Statement of companys objects
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-28 | AA | accounts | Accounts with accounts type full | |
| 2026-03-17 | AP01 | officers | Appoint person director company with name date | |
| 2026-01-12 | TM01 | officers | Termination director company with name termination date | |
| 2025-11-26 | AA | accounts | Accounts with accounts type full | |
| 2025-09-29 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-05-15 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-05-14 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-05-13 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-01-13 | CH01 | officers | Change person director company with change date | |
| 2024-10-17 | RESOLUTIONS | resolution | Resolution | |
| 2024-10-14 | AA | accounts | Accounts with accounts type full | |
| 2024-10-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-09 | SH01 | capital | Capital allotment shares | |
| 2024-05-08 | AP01 | officers | Appoint person director company with name date | |
| 2024-03-15 | RESOLUTIONS | resolution | Resolution | |
| 2024-03-15 | MA | incorporation | Memorandum articles | |
| 2024-03-14 | CC04 | change-of-constitution | Statement of companys objects | |
| 2024-03-11 | TM01 | officers | Termination director company with name termination date | |
| 2024-03-11 | TM01 | officers | Termination director company with name termination date | |
| 2024-03-11 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 1
- Officers appointed
- 1
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.