Essar Oil (UK) Limited
Private Limited Company · Ellesmere Port
ActiveUnited KingdomIncorporated 2009Private Limited Company
Financial position
Accounts to 2026-03-31 · USD · Group accounts
Net assets
USD 741,500,000
Cash
USD 135,500,000
Turnover
USD 11,983,700,000
Profit / loss
USD 21,500,000
Current assets
USD 1,963,400,000
Creditors < 1 year
USD 3,021,500,000
Equity
USD 741,500,000
Average employees
Not available
Balance-sheet trend
USD · consolidatedFinancial statements
Selected figures from the best-ranked available filing for each period. Missing values remain unknown.
Some figures were read by AI from scanned accounts, so small errors are possible. View the filed accounts
| Reported figures | 2026-03-3112 months · Group · AI-read | 2025-03-31Group · AI-read | 2010-11-30 |
|---|---|---|---|
| Balance sheet | |||
| Net assets | USD 741,500,000 | USD 589,200,000 | £1,000 |
| Equity | USD 741,500,000 | USD 589,200,000 | £1,000 |
| Share capital | USD 694,100,000 | USD 694,100,000 | — |
| Retained earnings | −USD 769,700,000 | −USD 825,600,000 | — |
| Assets | |||
| Fixed assets | USD 2,573,700,000 | USD 2,534,600,000 | — |
| Intangible assets | USD 14,500,000 | USD 12,100,000 | — |
| Property, plant & equipment | USD 2,334,700,000 | USD 2,282,600,000 | — |
| Current assets | USD 1,963,400,000 | USD 1,357,200,000 | — |
| Cash at bank | USD 135,500,000 | USD 71,500,000 | £1,000 |
| Debtors | USD 786,100,000 | USD 684,200,000 | — |
| Stock | USD 611,500,000 | USD 378,900,000 | — |
| Liabilities | |||
| Creditors | USD 3,795,600,000 | USD 3,302,600,000 | — |
| Creditors within one year | USD 3,021,500,000 | USD 2,292,200,000 | — |
| Creditors after one year | USD 774,100,000 | USD 1,010,400,000 | — |
| Net current assets | −USD 1,058,100,000 | −USD 935,000,000 | — |
| Profit & loss | |||
| Turnover | USD 11,983,700,000 | USD 10,197,200,000 | — |
| Cost of sales | USD 11,566,800,000 | USD 10,201,800,000 | — |
| Gross profit | USD 416,900,000 | −USD 4,600,000 | — |
| Distribution costs | USD 101,800,000 | USD 56,400,000 | — |
| Administrative expenses | USD 72,000,000 | USD 68,900,000 | — |
| Operating profit | USD 254,100,000 | −USD 119,100,000 | — |
| Interest receivable | USD 25,900,000 | USD 20,300,000 | — |
| Interest payable | USD 261,500,000 | USD 227,100,000 | — |
| Profit before tax | USD 23,200,000 | −USD 325,900,000 | — |
| Tax | USD 1,700,000 | −USD 84,600,000 | — |
| Profit / loss | USD 21,500,000 | −USD 241,300,000 | — |
| Source evidence | View filing | View filing | View filing |
From the accounts
What the accounts for 2026-03-31 say about themselves, read by AI from the scanned filing.
- Comparatives
- Prior-year figures were restated
- Principal activity
- The principal activity of the Group is to refine crude oil and to market refined petroleum products in the domestic UK and international market from its primary place of business at Stanlow.
- What it does
- crude oil refining · petroleum products · Stanlow Refinery · oil terminal · retail fuel stations · fuel supply (AI keywords)
- The year
- Crude throughput at the refinery was 75.25 million barrels in the current year, compared with 59.21 million barrels in the previous year, 27% year on year increase.
- Outlook
- Stanlow Refinery is expected to be a principal customer for low-carbon hydrogen produced by the hydrogen projects and is intended to utilise such hydrogen as part of its refinery decarbonisation programme.
- Auditor
- PKF Littlejohn LLP · senior statutory auditor Joseph Archer
- Audit opinion
- Clean (unmodified)
- Immediate parent
- Essar Energy Transition Holdings Cyprus Limited · Cyprus
- Ultimate parent
- Essar Global Fund Limited · Cayman Islands
- Ultimate controlling party
- the Virgo Trust and the Triton Trust
- Accounts
- Full accounts
- Approved
- 2026-08-07, signed by Deepak K Maheshwari
Disposals (1)
- EET Hydrogen Limited (along with all its subsidiary companies) · 2025-04-05 · 51.4 (m)
Associates & joint ventures (2)
- UK Oil Pipelines Limited · associate · 11.15%
- Kingsbury Terminal · joint venture · 45.35%
Principal risks (2)
- Health Safety and Environment
- Reliability and stability of refinery operations
Events after the year end (3)
- In June 2026, the Group entered into USD 500m crude sourcing and product supply facility with International Resources Holding (IRH) to enable diversification of crude sourcing and marketing options for products and to optimize working capital arrangement.
- In July 2026, the group has renewed USD 300m strategic crude and product facility for another 3 years enhancing group’s ability to respond to changing market conditions and capture value across its refining and trading activities.
- Subsequent to the year-end, the Group has upsized its receivable financing facilities by USD 250m from NatWest, ABN AMRO & Natixis.
Secured borrowing
Registered charges, lenders and security interests.
Charges and related records
18 outstanding chargesFixed · created 2026-07-31
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OutstandingFixed · created 2026-07-03
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OutstandingFixed · created 2026-06-23
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OutstandingFixed · created 2026-02-09
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OutstandingFixed · created 2026-02-09
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OutstandingFixed · created 2025-11-10
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OutstandingFixed · created 2024-12-13
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OutstandingFixed · created 2024-12-11
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OutstandingFixed · created 2024-10-17
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OutstandingFixed · created 2024-10-17
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OutstandingFixed · created 2024-09-18
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OutstandingFixed · created 2024-06-28
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OutstandingFixed · created 2023-11-01
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OutstandingFixed · created 2023-09-26
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OutstandingFixed · created 2023-09-22
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OutstandingFixed · created 2023-04-18
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OutstandingFixed · created 2020-12-01
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OutstandingFixed · created 2019-06-13
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OutstandingShow 31 satisfied / released
Floating · created 2025-11-26 · satisfied 2026-07-07
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SatisfiedFixed · created 2025-10-01 · satisfied 2026-07-07
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SatisfiedFixed · created 2024-07-12 · satisfied 2026-07-07
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SatisfiedFixed · created 2024-07-03 · satisfied 2024-09-25
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SatisfiedFixed · created 2023-12-29 · satisfied 2026-04-14
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SatisfiedFixed · created 2023-11-01 · satisfied 2024-09-25
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SatisfiedFixed · created 2022-08-19 · satisfied 2023-04-20
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SatisfiedFixed · created 2022-06-07 · satisfied 2023-04-20
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SatisfiedFixed · created 2022-02-03 · satisfied 2022-06-14
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SatisfiedFixed · created 2021-12-30 · satisfied 2022-06-14
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SatisfiedFixed · created 2021-08-27 · satisfied 2023-04-20
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SatisfiedFixed · created 2021-07-26 · satisfied 2024-07-18
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SatisfiedFixed · created 2021-06-30 · satisfied 2022-08-26
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SatisfiedFixed · created 2015-11-03 · satisfied 2022-08-26
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SatisfiedFixed · created 2015-09-02 · satisfied 2017-09-11
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SatisfiedFloating · created 2015-06-19 · satisfied 2019-11-12
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SatisfiedFixed · created 2014-12-19 · satisfied 2015-06-23
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SatisfiedFloating · created 2014-12-19 · satisfied 2015-06-23
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SatisfiedFixed · created 2013-07-09 · satisfied 2017-09-11
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SatisfiedFixed · created 2013-06-24 · satisfied 2016-04-12
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SatisfiedFixed · created 2013-01-29 · satisfied 2015-06-23
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SatisfiedFixed · created 2012-09-17 · satisfied 2016-04-12
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SatisfiedFixed · created 2012-07-25 · satisfied 2016-04-12
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SatisfiedFixed · created 2012-07-24 · satisfied 2015-06-23
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SatisfiedFloating · created 2012-07-24 · satisfied 2015-06-23
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SatisfiedUnknown · created 2011-12-19 · satisfied 2012-07-27
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SatisfiedUnknown · created 2011-08-31 · satisfied 2012-07-27
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SatisfiedUnknown · created 2011-07-28 · satisfied 2012-07-27
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SatisfiedFloating · created 2011-07-31 · satisfied 2012-07-27
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SatisfiedUnknown · created 2011-07-28 · satisfied 2011-10-05
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SatisfiedUnknown · created 2011-07-31 · satisfied 2012-07-27
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Satisfied