BRITOIL LIMITED
- · Thesis: well-run, low negotiation leverage
Opportunity 72/100 (strong), bankability 67/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 7 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (38/100).
Refinance opportunity
7 live charges · 7 lenders · oldest 41.9y
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 41.9 years old — likely at or near maturity.
- · 7 lenders named — inter-creditor friction likely.
- · Legal-friction score 48/100 (high).
Data confidence
Overall: medium (60/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Recent activity
- • 2 resolution
- • 1 capital
- • 1 incorporation
- • 2 resolution
- • 1 capital
- • 1 incorporation
- • 2 resolution
- • 1 capital
- • 1 incorporation
Corporate timeline (161 events)Click to expand
- 2026-04-08📄capital-redomination-of-sharescapital · SH14
- 2026-03-30📄memorandum-articlesincorporation · MA
- 2026-03-30📄resolutionresolution · RESOLUTIONS
- 2026-03-30📄resolutionresolution · RESOLUTIONS
- 2025-10-27➕BP SECRETARIES LIMITED appointedcorporate-secretary
- 2025-10-27📄appoint-corporate-secretary-company-with-name-dateofficers · AP04
- 2025-09-30📄accounts-with-accounts-type-fullaccounts · AA
- 2025-05-08📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-04-15➕EATON, Richard James appointeddirector
- 2025-03-27📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-03-25➖GORDON, Graeme Ronald resigneddirector
- 2025-03-03📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-02-28➖BURTON, Jennie Sheryl resigneddirector
- 2024-09-30📄accounts-with-accounts-type-fullaccounts · AA
- 2023-10-19📄accounts-with-accounts-type-fullaccounts · AA
- 2023-05-02📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-04-27➖MACLENNAN, Karen resigneddirector
- 2022-10-07📄accounts-with-accounts-type-fullaccounts · AA
- 2022-07-08📄change-corporate-secretary-company-with-change-dateofficers · CH04
- 2022-02-18📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-02-17➕BURTON, Jennie Sheryl appointeddirector
- 2022-02-09📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-02-07➖EMEMBOLU, Ifeatu Chukwuemeka resigneddirector
- 2021-10-01📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-10-01📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-09-28📄accounts-with-accounts-type-fullaccounts · AA
- 2021-09-23➕KINGHAM, Louise Anne appointeddirector
- 2021-09-23➖MATHER, Peter James resigneddirector
- 2020-10-20📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-10-09➖MILLER, Peter William Anderson resigneddirector
- 2020-08-28➖MACRAE, Sandra Jean resigneddirector
- 2020-07-02➕EMEMBOLU, Ifeatu Chukwuemeka appointeddirector
- 2020-07-02➖FLORES, Ariel David resigneddirector
- 2019-06-04➕GORDON, Graeme Ronald appointeddirector
- 2019-06-04➖JOHNSTON, Andrew Beaton, Dr resigneddirector
- 2019-01-23➕REITER, Doris Friederike appointeddirector
- 2018-12-31➖LYNCH, David James resigneddirector
- 2018-04-05➕FLORES, Ariel David appointeddirector
- 2018-03-15➖THOMAS, Mark Joseph resigneddirector
- 2018-01-19➕JOHNSTON, Andrew Beaton, Dr appointeddirector
- 2018-01-19➖PRICE, Bruce resigneddirector
- 2016-01-01➖BARTLETT, John Harold, Mr. resigneddirector
- 2016-01-01➕MACRAE, Sandra Jean appointeddirector
- 2016-01-01➕THOMAS, Mark Joseph appointeddirector
- 2015-12-31➖GARLICK, Trevor William resigneddirector
- 2015-07-08➕MACLENNAN, Karen appointeddirector
- 2015-07-08➕MATHER, Peter James appointeddirector
- 2015-07-08➕MILLER, Peter William Anderson appointeddirector
- 2015-07-08➕PRICE, Bruce appointeddirector
- 2015-02-26➖GOODWILL, David William resigneddirector
Owner dependency
Some founder dependency, but not acute. A structured handover period should cover most risk.
Succession & seller-readiness
Limited succession signal. Not a near-term off-market candidate.
Red flags
1 med ·Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Bp Exploration Operating Company Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Bp Exploration Operating Company Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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7 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.
Available from the Pro tier upwards.
See pricing →Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.
Available from the Pro tier upwards.
See pricing →Company details
Registered office
Filing status
Officers (5 active · 69 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Conoco Phillips (U.K.) and Others Conoco Phillips (U.K.) Limited and Others | Trust deed | 1 property | 05/08/2004 | — | |
| satisfied | The Parties Other than the Company | Trust deed | 1 property | 10/06/1992 | 02/09/2004 | |
| outstanding | Pancanadian Petroleum Pancanadian Petroleum Limited | Floating charge | 1 property | 08/11/1991 | — | |
| outstanding | Bp America Bp America Inc | Production payment agreement novation agreement | 1 property | 12/06/1989 | — | |
| satisfied | Bangkok Bank Bangkok Bank LTD | Deed of indemnity | 1 property | 09/03/1986 | 20/07/1987 | |
| satisfied | Christiania Bank of Kreditkasn | Ships mortgage | 1 property | 25/05/1984 | 09/02/1990 | |
| satisfied | Redernes Skibskerditforening | Ships mortgage | 1 property | 25/05/1984 | 09/02/1990 |