How much does Owen Oil Tools (U.K.) Limited make?

Owen Oil Tools (U.K.) Limited reported revenue of £10.2m and a loss of £1.2m in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Owen Oil Tools (U.K.) Limited have?

Owen Oil Tools (U.K.) Limited reported an average of 7 employees in the year to 31 Dec 2025.

Is Owen Oil Tools (U.K.) Limited profitable?

No — Owen Oil Tools (U.K.) Limited reported a loss of £1.2m in the year to 31 Dec 2025.

Company No. 03691954 · Incorporated 5 Jan 1999

Owen Oil Tools (U.K.) Limited

Registered name: OWEN OIL TOOLS (U.K.) LIMITED

Part of Core Laboratories (U.K.) Limited group

Owen Oil Tools (U.K.) Limited made £10.2m revenue and a £1.2m loss in the year to 31 Dec 2025. read from filing text

Owen Oil Tools (U.K.) Limited’s revenue grew 39% to £10.2m in the year to 31 Dec 2025, with a loss of £1.2m and 7 employees. The company is classified under “agents involved in the sale of machinery, industrial equipment, ships and aircraft” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46140Agents involved in the sale of machinery, industrial equipment, ships and aircraft

Status: Active
Location: London, London
Age: 27 yrs · since 1999
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: “The immediate parent undertaking is Core Laboratories (U.K.) Limited. The registered address of Core Laboratories (U.K.) Limited is 13th Floor, One Angel Court, London, United Kngdom, EC3R 7HJ.”

Latest accounts · year to 31 Dec 2025

Key figures

Small teamCapital-lightDoing more with less

Revenue

£10.2m

Growth ▲38.7%

Profit

−£1.2m

Growth —

Profit margin

−11.4%

Gross −4.4%

Employees

Change ▼12.5%

Profit / employee

−£166k

Revenue/employee £1.5m

Profitable streak

0yrs

Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 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)	£8.9m	£9.8m	£7.3m	£10.2m
Cost of sales	£8.2m	£9.6m	£7.5m	£10.6m
Gross profit	£689k	£109k	−£121k	−£450k
Operating profit	−£287k	−£554k	−£718k	−£1.1m
Profit before tax	−£829k	−£653k	−£884k	−£1.2m
Profit after tax	−£823k	−£653k	−£884k	−£1.2m
Profit (best available)	−£823k	−£653k	−£884k	−£1.2m
Staff costs	£611k	£407k	£522k	£515k
Employees (average)	8	8	8	7
Ratios
Profit margin	−9.3%	−6.7%	−12.1%	−11.4%
Gross margin	7.8%	1.1%	−1.7%	−4.4%
Revenue per employee	£1.1m	£1.2m	£917k	£1.5m
Profit per employee	−£103k	−£81.6k	−£111k	−£166k
Growth (year on year)
Revenue growth	—	▲10.1%	▼24.8%	▲38.7%
Headcount growth	—	0%	0%	▼12.5%
Balance sheet — indirect signals, not revenue
Cash at bank	£5.1k	£2.1k	£9.9k	£17.4k
Net assets	−£383k	−£1m	£2.8m	£3m
Fixed assets	£73.1k	£59k	£52k	£47k
Current assets	£3.9m	£3.8m	£4.7m	£3.1m
Debtors	£2.3m	£1.4m	£2.3m	£1.2m
Deferred income	£27.6k	£32.8k	£136k	£48.8k
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: −11.4%; Profit ÷ revenue.
Gross margin: −4.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £1.5m; Revenue ÷ average employees.
Profit per employee: −£166k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.5%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 12%; 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: ▲7%; Now £3m
Cash at bank: ▲76%; Now £17.4k
Headcount: ▼13%; Now 7
Deferred income: ▼64%; Now £48.8k
Fixed assets: ▼10%; Now £47k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Core Laboratories (U.K.) Limitedultimate parent75–100%
Owen Oil Tools (U.K.) Limitedthis company

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

Sister companies (4)

Saybolt United Kingdom LimitedRev. £1.7m · Profit −£428k
Core Laboratories Interests One LimitedRev. — · Profit −£229k
Coreton LimitedFigures not disclosed
Labton LimitedFigures not disclosed

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 −£1.2m), 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.