Kinch Fuel Oils Limited
Registered name: KINCH FUEL OILS LIMITED
Part of Kinch Fuel Oils Holdings Limited groupKinch Fuel Oils Limited made £15m revenue and £1.5m profit in the year to 31 Jul 2025.
Kinch Fuel Oils Limited’s revenue fell 8% to £15m in the year to 31 Jul 2025, with £1.5m profit and 17 employees. The company is classified under “wholesale of other fuels and related products” and is based in Minety; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Minety, South West
- Age
- 46 yrs · since 1980
- 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 Jul 2022 | 31 Jul 2023 | 31 Jul 2024 | 31 Jul 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £18m | £17.6m | £16.2m | £15m |
| Cost of sales | £14.3m | £14.5m | £13.4m | £11.8m |
| Gross profit | £3.7m | £3.1m | £2.8m | £3.2m |
| Operating profit | £2.2m | £1.2m | £1.8m | £1.8m |
| Profit before tax | £2.2m | £1.4m | £2.3m | £2m |
| Profit after tax | £1.8m | £1.1m | £1.7m | £1.5m |
| Profit (best available) | £1.8m | £1.1m | £1.7m | £1.5m |
| Staff costs | £863k | £1.2m | £554k | £803k |
| Employees (average) | 16 | 15 | 15 | 17 |
| Ratios | ||||
| Profit margin | 9.9% | 6.3% | 10.7% | 10.3% |
| Gross margin | 20.6% | 17.4% | 17.2% | 21.4% |
| Revenue per employee | £1.1m | £1.2m | £1.1m | £880k |
| Profit per employee | £111k | £74.3k | £116k | £90.3k |
| Cash conversion | −64.6% | −154.5% | −111.2% | — |
| Growth (year on year) | ||||
| Revenue growth | — | ▼2.4% | ▼7.6% | ▼7.8% |
| Profit growth | — | ▼37.2% | ▲56.3% | ▼11.8% |
| Headcount growth | — | ▼6.3% | 0% | ▲13.3% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £13.2m | £14.5m | £14.7m | £3.4m |
| Net assets | £16.8m | £17.9m | £19.6m | £4.1m |
| Fixed assets | £3.3m | £3.3m | £5.3m | £1.3m |
| Current assets | £14.8m | £16m | £16.3m | £4.6m |
| Debtors | £693k | £473k | £662k | £485k |
| Cash from operations | −£1.4m | −£1.9m | −£2m | — |
| Source | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data Apr 2024 | FullAccounts · bulk data Jul 2025 | FullAccounts · bulk data Jul 2026 |
How the business works
- Profit margin
- 10.3%
- Profit ÷ revenue.
- Gross margin
- 21.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £880k
- Revenue ÷ average employees.
- Profit per employee
- £90.3k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 8.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 3.2%
- 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
- ▼79%
- Now £4.1m
- Cash at bank
- ▼77%
- Now £3.4m
- Headcount
- ▲13%
- Now 17
- Deferred income
- —
- Now —
- Fixed assets
- ▼75%
- Now £1.3m
Group structure
Ownership chain
- Kinch Fuel Oils Holdings Limitedultimate parent75–100%
- Kinch Fuel Oils Limitedthis company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Nationwide Fuels and Lubricants LtdBury · Wholesale of other fuels and related products
- Revenue
- £15.2m
- Profit
- £207k
- Staff
- 7
- Woodyfuel LtdHexham · Wholesale of other fuels and related products
- Revenue
- £13.6m
- Profit
- £1.3m
- Staff
- 25
- Nirva Energy LtdChasetown · Wholesale of other fuels and related products
- Revenue
- £19.6m
- Profit
- £299k
- Staff
- 12
- Opie Oils LimitedRedruth · Wholesale of other fuels and related products
- Revenue
- £11.2m
- Profit
- £252k
- Staff
- 44
- Stephens Fuel Oil LimitedOld Town Dock · Wholesale of other fuels and related products
- Revenue
- £23m
- Profit
- £630k
- Staff
- 9
- J Gas LimitedWest Lothian · Wholesale of other fuels and related products
- Revenue
- £24.9m
- Profit
- £3.6m
- Staff
- 79
Sources
Latest figures from FullAccounts for the year to 31 Jul 2025 (profit £1.5m), from the Companies House accounts bulk data published Jul 2026. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.