Noble Energy (Oilex) Limited
Registered name: NOBLE ENERGY (OILEX) LIMITED
Part of Chevron Corporation groupNoble Energy (Oilex) Limited made a £621k loss in the year to 31 Dec 2022 (revenue not disclosed).
Noble Energy (Oilex) Limited reported a loss of £621k in the year to 31 Dec 2022; its revenue was not disclosed. It had 8 employees. The company is classified under “extraction of crude petroleum” and is based in London; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 62 yrs · since 1964
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.
Key figures
This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2021 | 31 Dec 2022 |
|---|---|---|
| Disclosure | Profit only | Profit only |
| Profit & loss | ||
| Revenue (turnover) | — | — |
| Profit before tax | −£3.8m | £198k |
| Profit after tax | −£2.7m | −£621k |
| Profit (best available) | −£2.7m | −£621k |
| Employees (average) | — | 8 |
| Ratios | ||
| Profit margin | — | — |
| Profit per employee | — | −£77.6k |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £329k | £2.3m |
| Net assets | £666k | £45k |
| Current assets | £11.8m | £9.5m |
| Debtors | £11.4m | £7.2m |
| Deferred income | £29k | £24k |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 |
How the business works
- Profit margin
- —
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- −£77.6k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▼93%
- Now £45k
- Cash at bank
- ▲608%
- Now £2.3m
- Headcount
- —
- Now 8
- Deferred income
- ▼17%
- Now £24k
- Fixed assets
- —
- Now —
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Chevron Corporation (registered outside the UK register)ultimate parent75–100%
- Noble Energy Capital Limited75–100%
- Noble Energy (Oilex) Limitedthis company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2022 (profit −£621k), from the Companies House accounts bulk data published Dec 2023. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.