How many employees does Veedol UK Limited have?

Veedol UK Limited reported an average of 73 employees in the year to 31 Mar 2025.

Is Veedol UK Limited profitable?

Yes — Veedol UK Limited reported a profit of £8.5m in the year to 31 Mar 2025.

Company No. 03564422 · Incorporated 14 May 1998

Veedol UK Limited

Registered name: VEEDOL UK LIMITED

Part of Veedol Corporation Limited group

Veedol UK Limited made £8.5m profit in the year to 31 Mar 2025 (revenue not disclosed).

Veedol UK Limited reported £8.5m profit in the year to 31 Mar 2025, up 33% on the year before; its revenue was not disclosed. It had 73 employees. The company is classified under “mineral oil refining” and is based in Rotherham; we hold 2 years of its filed accounts.

Profit onlySection C · ManufacturingSIC 19201Mineral oil refining

Status: Active
Location: Rotherham, Yorkshire and The Humber
Age: 28 yrs · since 1998
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 Mar 2025

Key figures

Cash flow filed

Revenue

—

Not disclosed in filing

Profit

£8.5m

Growth ▲33%

Profit margin

—

Employees

Change ▲17.7%

Profit / employee

£116k

Profitable streak

2yrs

Consecutive profitable years in our data

This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.

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

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2024	31 Mar 2025
Disclosure	Full P&L	Profit only
Profit & loss
Revenue (turnover)	£29.9m	—
Cost of sales	£17.3m	—
Gross profit	£12.6m	£15.6m
Operating profit	£6.4m	£8.5m
Profit (best available)	£6.4m	£8.5m
Staff costs	£2.6m	£3.1m
Employees (average)	62	73
Ratios
Profit margin	21.3%	—
Gross margin	42%	—
Revenue per employee	£482k	—
Profit per employee	£103k	£116k
Cash conversion	−112.8%	−87%
Growth (year on year)
Profit growth	—	▲33%
Headcount growth	—	▲17.7%
Balance sheet — indirect signals, not revenue
Cash at bank	£47.3k	£226k
Net assets	£121k	£204k
Debtors	£33k	£40.6k
Cash from operations	−£7.2m	−£7.4m
Source	FullAccounts · bulk data May 2025	FullAccounts · bulk data May 2025

Derived from the latest filing

How the business works

Profit margin: —; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: £116k; Profit ÷ average employees.
Cash conversion: −87%; 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: —; 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: ▲68%; Now £204k
Cash at bank: ▲378%; Now £226k
Headcount: ▲18%; Now 73
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

Veedol Corporation Limited (registered outside the UK register)ultimate parent75–100%
Veedol UK Limitedthis company

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

Subsidiaries (1)

Granville Oil & Chemicals LimitedRev. — · Profit £8.4m

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £8.5m), from the Companies House accounts bulk data published May 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.