National Oilwell (U.K.) Limited
Registered name: NATIONAL OILWELL (U.K.) LIMITED
Part of Nov Inc. groupNational Oilwell (U.K.) Limited made £5k revenue and £4k profit in the year to 31 Dec 2025.
National Oilwell (U.K.) Limited’s revenue grew 25% to £5k in the year to 31 Dec 2025, with £4k profit and 0 employees. The company is classified under “dormant company” and is based in Stonehouse; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Stonehouse, South West
- Age
- 116 yrs · since 1910
- 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
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | £0 | £4k | £5k |
| Gross profit | — | £0 | £4k | £5k |
| Operating profit | — | £0 | £4k | £5k |
| Profit before tax | — | £0 | £4k | £5k |
| Profit after tax | — | £0 | £3k | £4k |
| Profit (best available) | — | £0 | £3k | £4k |
| Employees (average) | 0 | 0 | 0 | 0 |
| Ratios | ||||
| Profit margin | — | — | 75% | 80% |
| Gross margin | — | — | 100% | 100% |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▲25% |
| Profit growth | — | — | — | ▲33.3% |
| Balance sheet — indirect signals, not revenue | ||||
| Net assets | £1 | £1 | £3k | £7k |
| Current assets | — | — | £19.4m | £41.3m |
| Debtors | £1 | £1 | £19.4m | £41.3m |
| Deferred income | — | £0 | £38k | £42k |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Dec 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 80%
- Profit ÷ revenue.
- Gross margin
- 100%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- 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
- 840%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 826300%
- 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
- ▲133%
- Now £7k
- Cash at bank
- —
- Now —
- Headcount
- —
- Now 0
- Deferred income
- ▲11%
- Now £42k
- 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
- Nov Inc. (registered outside the UK register)ultimate parent75–100%
- National Oilwell Varco UK Limited75–100%
- National Oilwell (U.K.) Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (7)
- Nov Process & Flow Technologies UK LimitedRev. £62.5m · Profit £2.2m
- Tuboscope Vetco Capital LimitedRev. £16.1m · Profit £2.4m
- Pipex LimitedRev. £13m · Profit £2.6m
- Hellenes LimitedRev. £1.8m · Profit £4.1m
- Nov Elmar (Middle East) LimitedRev. £1.7m · Profit £732k
- Mono Group Pension Trustees LimitedFigures not disclosed
- Nov Downhole Eurasia LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £4k), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.
Updated from Companies House on 11 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.