Oil & Gas Measurement Limited
Registered name: OIL & GAS MEASUREMENT LIMITED
Oil & Gas Measurement Limited made £1.6m revenue and a £3m loss in the year to 31 Dec 2024. read from filing text
Oil & Gas Measurement Limited’s revenue fell 31% to £1.6m in the year to 31 Dec 2024, with a loss of £3m and 21 employees. The company is classified under “activities of head offices” and is based in Ely; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Ely, East of England
- Age
- 23 yrs · since 2003
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||
| Revenue (turnover) | £4.1m | £2.3m | £1.6m |
| Cost of sales | £2.6m | £1.8m | £1.7m |
| Gross profit | £1.6m | £498k | −£144k |
| Operating profit | — | — | −£3m |
| Profit before tax | −£571k | −£1.7m | −£3.1m |
| Profit after tax | −£2.1m | −£1.7m | −£3m |
| Profit (best available) | −£2.1m | −£1.7m | −£3m |
| Employees (average) | 39 | 37 | 21 |
| Ratios | |||
| Profit margin | −51.1% | −74.9% | −187.4% |
| Gross margin | 37.8% | 21.5% | −9% |
| Revenue per employee | £105k | £62.5k | £75.9k |
| Profit per employee | −£53.9k | −£46.8k | −£142k |
| Growth (year on year) | |||
| Revenue growth | — | ▼43.7% | ▼31% |
| Headcount growth | — | ▼5.1% | ▼43.2% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £288k | £217k | £28k |
| Net assets | −£2.7m | −£4.4m | −£7.4m |
| Fixed assets | £7.2m | £7m | £5.9m |
| Current assets | £4.5m | £3.3m | £2.7m |
| Debtors | £515k | £280k | £249k |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Mar 2026 |
How the business works
- Profit margin
- −187.4%
- Profit ÷ revenue.
- Gross margin
- −9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £75.9k
- Revenue ÷ average employees.
- Profit per employee
- −£142k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 367.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 15.6%
- 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
- —
- Now −£7.4m
- Cash at bank
- ▼87%
- Now £28k
- Headcount
- ▼43%
- Now 21
- Deferred income
- —
- Now —
- Fixed assets
- ▼16%
- Now £5.9m
Group structure
Subsidiaries (3)
- HDF Pyknometers LimitedFigures not disclosed
- Maurer Technologies LimitedFigures not disclosed
- Metering & Technology LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£3m), from the Companies House accounts bulk data published Mar 2026. Spotted an error? Request a correction.
Updated from Companies House on 15 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.