SIP LIMITED
Company number 02185735 · Monitor this company
Executive summary
SIP Limited is a niche specialist in the petroleum wholesale sector, utilizing technical expertise and operational agility to outmaneuver larger competitors in a volatile supply environment. The company has successfully executed a cost-reduction strategy that yielded a significant profit upturn in 2024, though the concurrent sharp decline in cash reserves necessitates vigilant working capital management. Moving forward, SIP’s growth hinges on leveraging its recent sustainability and quality certifications to capture market share from disrupted competitors while navigating the risks inherent in its concentrated ownership structure and macroeconomic exposure.
Shareholders' funds
£5,630,376
Balance sheet as at 2024-12-31
What it does
The principal activity of the company in the year under review was that of the wholesale of petroleum and petroleum products.
The company's own description, from its latest filed accounts.
Overview
- Company type
- Private Limited Company
- Incorporated
- 1987-10-30
- Employees
- 20 (2025 accounts)
- Registered office
- #270 China Works, 100 Black Prince Road, London, United Kingdom, SE1 7SJ
- Postcode
- SE1 7SJ
- Capital
- 100,000 GBP
- Accounts category
- Medium
- Charges
- 1 outstanding
Accounts
- Last made up to
- 2025-12-31
- Next due by
- 2027-09-30
- Financial year end
- 30 December
Confirmation statement
- Last statement dated
- 2026-08-24
- Next due by
- 2027-09-07
Nature of business (SIC)
- 19209 Other treatment of petroleum products (excluding petrochemicals manufacture)
- 46711 Wholesale of petroleum and petroleum products
Officers 5 current · 15 resigned
Data protection registration
Registered with the ICO as a data protection fee payer — ZA347857 (Tier 2), registered since 2018.
Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.
Contact details
- Website
- sip.com
SIP is an independent marketer of specialty oils and fluids. We reliably deliver specified product solutions backed by wide-ranging technical and industry expertise.
Previous company names
| Name | Date changed |
|---|---|
| RAPID 4203 LIMITED | 1987-12-16 |
Previous registered addresses 3
| Address | Changed on |
|---|---|
| 35 OLD QUEEN STREET, LONDON, SW1H 9JA | 1994-03-02 |
| 112 JERMYN STREET, LONDON, SW1Y 6LS | 1990-04-19 |
| 124-128 CITY ROAD, LONDON, EC1V 2NJ | 1988-01-14 |
Among its peers
Top 5%
by shareholders' funds, of 1,864 similar companies in SE — measured against the wider sector
Among the biggest employers among its local peers (20 staff).
Among the oldest 25% of its local peers, trading since 1987.
The class of 1987
51%
of the 20,107 companies incorporated in 1987 are still active today; 43% have since been dissolved.
A fact about the year, not a forecast for this company.