Opie Oils Limited
Registered name: OPIE OILS LIMITED
Opie Oils Limited made £11.2m revenue and £252k profit in the year to 30 Apr 2025. read from filing text
Opie Oils Limited’s revenue grew 3% to £11.2m in the year to 30 Apr 2025, with £252k profit and 44 employees. The company is classified under “wholesale of other fuels and related products” and is based in Redruth; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Redruth, South West
- Age
- 31 yrs · since 1994
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Apr 2022 | 30 Apr 2023 | 30 Apr 2024 | 30 Apr 2025 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £10.5m | £10.7m | £10.8m | £11.2m |
| Cost of sales | £6.9m | £7.5m | £7.1m | £7.3m |
| Gross profit | £3.6m | £3.3m | £3.7m | £3.9m |
| Profit before tax | £566k | £236k | £444k | £337k |
| Profit after tax | £460k | £186k | £310k | £252k |
| Profit (best available) | £460k | £186k | £310k | £252k |
| Employees (average) | 48 | 45 | 44 | 44 |
| Ratios | ||||
| Profit margin | 4.4% | 1.7% | 2.9% | 2.3% |
| Gross margin | 34.4% | 30.4% | 34.1% | 34.6% |
| Revenue per employee | £219k | £238k | £246k | £253k |
| Profit per employee | £9.6k | £4.1k | £7k | £5.7k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲2% | ▲1.1% | ▲3.1% |
| Profit growth | — | ▼59.5% | ▲66.3% | ▼18.6% |
| Headcount growth | — | ▼6.3% | ▼2.2% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £674k | £885k | £813k | £938k |
| Net assets | £1.7m | £1.6m | £1.7m | £1.7m |
| Fixed assets | £1.1m | £1.1m | £1m | £1m |
| Current assets | £1.9m | £1.9m | £1.8m | £2m |
| Debtors | £192k | £112k | £94.4k | £16.1k |
| Source | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Nov 2025 |
How the business works
- Profit margin
- 2.3%
- Profit ÷ revenue.
- Gross margin
- 34.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £253k
- Revenue ÷ average employees.
- Profit per employee
- £5.7k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 9%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0.1%
- 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
- ▼2%
- Now £1.7m
- Cash at bank
- ▲15%
- Now £938k
- Headcount
- 0%
- Now 44
- Deferred income
- —
- Now —
- Fixed assets
- ▼3%
- Now £1m
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Sources
Latest figures from FullAccounts for the year to 30 Apr 2025 (profit £252k), from the Companies House accounts bulk data published Nov 2025. 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.