As the skills organisation for oil and gas, OPITO supports the oil and gas industry to build a sustainable, competent and safe workforce. We are the custodian of industry standards in emergency response, and industry training and competence. With our industry partners we work to maintain a skilled workforce by developing targeted initiatives and programmes designed to ensure a sustainable supply of skilled individuals into the oil and gas sector. Through close liaison and collaboration with our industry and government partners, we provide coherent, informed guidance on key areas of skills policy for our sector including career pathways and training opportunities for the next generation, and promoting and signposting careers in the industry. We continue to gather and analyse intelligence and research to inform the development of critical skills solutions , building strategic partnerships, connecting industry stakeholders and facilitating effective collaborations to align skills demand with effective skills supply.
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TypePrivate
HQPortlethen, GB
Founded1977
Size (employees)188 (est)
Websiteopito.com
OPITO was founded in 1977 and is headquartered in Portlethen, GB
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OPITO Office Locations

OPITO has an office in Portlethen
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OPITO Financials and Metrics

Summary Metrics

Founding Date

1977

OPITO Revenue

OPITO's revenue was reported to be £3.47 m in FY, 2016
GBP

Revenue (FY, 2016)

3.5 m

Net income (FY, 2016)

350.5 k

EBITDA (FY, 2016)

432.6 k

EBIT (FY, 2016)

420.6 k

Cash (31-Dec-2016)

3.8 m
GBPFY, 1996FY, 1997FY, 1998FY, 1999FY, 2000FY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

648.8 k774.2 k837.2 k990.7 k1.1 m2.1 m2.6 m2.3 m2.6 m2.8 m3.5 m3.8 m3.7 m3.8 m3.6 m4.4 m5.2 m5.6 m4.4 m3.5 m

Revenue growth, %

7%(22%)

Operating expense total

669.3 k784.4 k878.4 k917.2 k991 k2.1 m2.6 m2.3 m2.6 m2.5 m3.3 m3 m3.1 m2.9 m2.9 m3.2 m3.7 m4.2 m3.9 m3.1 m

EBITDA

229.5 k841.9 k638.4 k946.6 k678.4 k1.3 m1.5 m1.4 m465.2 k432.6 k
GBPFY, 1996FY, 1997FY, 1998FY, 1999FY, 2000FY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Cash

27.9 k2.3 k81.5 k66.1 k69.8 k779.6 k537.9 k268.6 k546.3 k586.8 k553.4 k828.7 k701.4 k1.7 m1.6 m2.1 m2.8 m3.4 m3.5 m3.8 m

Accounts Receivable

137.3 k204.4 k170.9 k180.3 k499.1 k469.2 k1.1 m629.6 k503.6 k444.6 k409.6 k405.9 k415.2 k261.4 k331.9 k548.6 k558.9 k698.5 k485.6 k356.7 k

Current Assets

166.9 k207.5 k260.4 k437.6 k582.8 k1.2 m1.7 m1 m1.1 m1 m1.1 m1.3 m1.3 m2 m2 m2.6 m3.5 m4.4 m4.4 m4.4 m

PP&E

1 1 66.7 k50 k67 k54.4 k71.5 k68.9 k48.1 k35.9 k38.4 k26.2 k14.3 k
GBPFY, 1996FY, 1997FY, 1998FY, 1999FY, 2000FY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(18.8 k)(8 k)(35.5 k)21.5 k68.8 k53 k21.1 k3 k106.2 k197.9 k171 k733.5 k569 k836.7 k590.1 k1.2 m1.1 m1.1 m366.8 k350.5 k

Income Taxes Paid

(349.7 k)(286 k)(101.8 k)
GBPY, 2016

Revenue/Employee

20 k

Financial Leverage

1.2 x
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OPITO Online and Social Media Presence

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OPITO Company Life and Culture

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