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Company No. 03156664 · Incorporated 2 Feb 1996

Maritime Bunkering Limited

Registered name: MARITIME BUNKERING LIMITED

Part of J.R. Rix & Sons Limited group

Maritime Bunkering Limited made £43.5m revenue and £1.8m profit in the year to 31 Dec 2025.

Maritime Bunkering Limited’s revenue grew 2% to £43.5m in the year to 31 Dec 2025, with £1.8m profit and 6 employees. The company is classified under “other transportation support activities” and is based in Hull; we hold 3 years of its filed accounts.

Full P&L filedSection H · Transportation and storageSIC 52290Other transportation support activities
Status
Active
Location
Hull, Yorkshire and The Humber
Age
30 yrs · since 1996
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.

Latest accounts · year to 31 Dec 2025

Key figures

Small teamOperating leverage
Revenue
£43.5m
Growth ▲2.4%
Profit
£1.8m
Growth ▲54.6%
Profit margin
4.1%
Gross 7.2%
Employees
6
Change 0%
Profit / employee
£297k
Revenue/employee £7.2m
Profitable streak
3yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202331 Dec 202431 Dec 2025
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£55.1m£42.4m£43.5m
Cost of sales£51.5m£40.3m£40.3m
Gross profit£3.5m£2.1m£3.1m
Operating profit£2.6m£1.4m£2.3m
Profit before tax£2.9m£1.5m£2.4m
Profit after tax£2.2m£1.2m£1.8m
Profit (best available)£2.2m£1.2m£1.8m
Staff costs£548k£461k£505k
Employees (average)466
Ratios
Profit margin4%2.7%4.1%
Gross margin6.4%5.1%7.2%
Revenue per employee£13.8m£7.1m£7.2m
Profit per employee£556k£192k£297k
Growth (year on year)
Revenue growth—▼22.9%▲2.4%
Profit growth—▼48.1%▲54.6%
Headcount growth—▲50%0%
Balance sheet — indirect signals, not revenue
Cash at bank£5.8m£1.6m£2.1m
Net assets£2.3m£1.2m£1.8m
Current assets£9.4m£5.5m£5.3m
Debtors£2.9m£3.3m£2.2m
SourceFullAccounts · bulk data Sep 2025FullAccounts · bulk data Sep 2025FullAccounts · bulk data Sep 2026
Derived from the latest filing

How the business works

Profit margin
4.1%
Profit ÷ revenue.
Gross margin
7.2%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£7.2m
Revenue ÷ average employees.
Profit per employee
£297k
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
5.1%
Money owed by customers. Low = customers pay quickly.
Indirect — not revenue

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
▲52%
Now £1.8m
Cash at bank
▲31%
Now £2.1m
Headcount
0%
Now 6
Deferred income
—
Now —
Fixed assets
—
Now —
Corporate ownership

Group structure

Ownership chain

  1. J.R. Rix & Sons Limitedultimate parent75–100%
  2. Maritime Bunkering Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (40)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £1.8m), from the Companies House accounts bulk data published Sep 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.