Rix Petroleum (Hull) Limited
Registered name: RIX PETROLEUM (HULL) LIMITED
Part of J.R. Rix & Sons Limited groupRix Petroleum (Hull) Limited made £124m revenue and £381k profit in the year to 31 Dec 2025.
Rix Petroleum (Hull) Limited’s revenue fell 4% to £124m in the year to 31 Dec 2025, with £381k profit and 70 employees. The company is classified under “wholesale of petroleum and petroleum products” and is based in Hull; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Hull, Yorkshire and The Humber
- Age
- 70 yrs · since 1956
- 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. From the filing: “J. R. Rix & Sons Limited”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £146m | £129m | £124m |
| Cost of sales | £137m | £121m | £116m |
| Gross profit | £9m | £8.1m | £7.9m |
| Profit before tax | £1.8m | £900k | £535k |
| Profit after tax | £1.4m | £656k | £381k |
| Profit (best available) | £1.4m | £656k | £381k |
| Staff costs | £3.3m | £3.2m | £3.4m |
| Employees (average) | 96 | 69 | 70 |
| Ratios | |||
| Profit margin | 0.9% | 0.5% | 0.3% |
| Gross margin | 6.2% | 6.3% | 6.4% |
| Revenue per employee | £1.5m | £1.9m | £1.8m |
| Profit per employee | £14.4k | £9.5k | £5.4k |
| Growth (year on year) | |||
| Revenue growth | — | ▼11.9% | ▼4.1% |
| Profit growth | — | ▼52.4% | ▼41.9% |
| Headcount growth | — | ▼28.1% | ▲1.5% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £273k | £210k | £282k |
| Net assets | £1.4m | £745k | £476k |
| Current assets | £14.8m | £10.8m | £12m |
| Debtors | £12.4m | £8.8m | £9.4m |
| Source | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 0.3%
- Profit ÷ revenue.
- Gross margin
- 6.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £1.8m
- Revenue ÷ average employees.
- Profit per employee
- £5.4k
- 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
- 7.6%
- 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
- ▼36%
- Now £476k
- Cash at bank
- ▲34%
- Now £282k
- Headcount
- ▲1%
- Now 70
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- J.R. Rix & Sons Limitedultimate parent75–100%
- Rix Petroleum (Hull) Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (40)
- Fuelmate LimitedRev. £110m · Profit £1.2m
- Victory Leisure Homes LimitedRev. £62.5m · Profit −£3.3m
- Maritime Bunkering LimitedRev. £43.5m · Profit £1.8m
- Prestige Communities Group LimitedRev. £0 · Profit £0
- Ar Fuels LtdFigures not disclosed
- Bankmile LimitedFigures not disclosed
- Fleetmate LimitedFigures not disclosed
- Fuel Master LimitedFigures not disclosed
- HHH Park No. 1 LimitedFigures not disclosed
- Jordans Motors LimitedFigures not disclosed
- Montrose Stevedores LimitedFigures not disclosed
- Oakley's Fuel Oils LimitedFigures not disclosed
- Rix Efuels LimitedFigures not disclosed
- Rix Gas Services LimitedFigures not disclosed
- Rix Grain Drying LimitedFigures not disclosed
- Rix Heating Services LimitedFigures not disclosed
- Rix Petroleum (East Anglia) LimitedFigures not disclosed
- Rix Petroleum (Mercia) LimitedFigures not disclosed
- Rix Petroleum (Midlands) LimitedFigures not disclosed
- Rix Petroleum (Scotland) LimitedFigures not disclosed
- Rix Petroleum (Spalding) LimitedFigures not disclosed
- Rix Petroleum LimitedFigures not disclosed
- Rix Renewables LimitedFigures not disclosed
- Rix Sea Shuttle LtdFigures not disclosed
- Rix Shipping (Scotland) LimitedFigures not disclosed
- Rix Shipping Company LimitedFigures not disclosed
- The Lerrix Tankship LimitedFigures not disclosed
- The Lizrix Tankship LimitedFigures not disclosed
- The Rix Cheetah Workboat LtdFigures not disclosed
- The Rix Eagle Tankship LimitedFigures not disclosed
- The Rix Lion Workboat LtdFigures not disclosed
- The Rix Lynx Workboat LimitedFigures not disclosed
- The Rix Merlin Tankship LimitedFigures not disclosed
- The Rix Owl Tankship LimitedFigures not disclosed
- The Rix Phoenix Tankship LimitedFigures not disclosed
- The Rix Tiger Workboat LtdFigures not disclosed
- Victory Conversions LimitedFigures not disclosed
- Victory Exports LimitedFigures not disclosed
- Victory Holiday Homes LimitedFigures not disclosed
- Victory LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Fuelmate LimitedHull · Wholesale of petroleum and petroleum products
- Revenue
- £110m
- Profit
- £1.2m
- Staff
- 14
- Prince Petroleum LimitedMelton Mowbray · Wholesale of petroleum and petroleum products
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- Portland Fuel LimitedYork · Wholesale of petroleum and petroleum products
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- Nicholls'(Fuel Oils) LimitedLondonderry · Wholesale of petroleum and petroleum products
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- £247m
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- County Oil Group LimitedRuncorn · Wholesale of petroleum and petroleum products
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- £50.3m
- Profit
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- S&JD Robertson North Air LimitedAberdeen · Wholesale of petroleum and petroleum products
- Revenue
- £47.3m
- Profit
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £381k), 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.