How much does Stephens Fuel Oil Limited make?

Stephens Fuel Oil Limited reported revenue of £23m and £630k profit in the year to 31 Oct 2024, according to its accounts filed at Companies House.

How many employees does Stephens Fuel Oil Limited have?

Stephens Fuel Oil Limited reported an average of 9 employees in the year to 31 Oct 2024.

Is Stephens Fuel Oil Limited profitable?

Yes — Stephens Fuel Oil Limited reported a profit of £630k in the year to 31 Oct 2024.

Company No. 05205360 · Incorporated 13 Aug 2004

Stephens Fuel Oil Limited

Registered name: STEPHENS FUEL OIL LIMITED

Part of S.J.M. Holdings (S.W.) Limited group

Stephens Fuel Oil Limited made £23m revenue and £630k profit in the year to 31 Oct 2024. read from filing text

Stephens Fuel Oil Limited’s revenue fell 8% to £23m in the year to 31 Oct 2024, with £630k profit and 9 employees. The company is classified under “wholesale of other fuels and related products” and is based in Old Town Dock; we hold 3 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46719Wholesale of other fuels and related products

Status: Active
Location: Old Town Dock, Wales
Age: 22 yrs · since 2004
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: “Following the purchase of the company's entire voting share capital on 01 October 2024, the ultimate parent company of Stephens Fuel Oil Limited is S.J.M. Holdings (S.W.) Limited, incorporated in Engl”

Latest accounts · year to 31 Oct 2024

Key figures

Small teamCapital-lightCash flow filed

Revenue

£23m

Growth ▼7.7%

Profit

£630k

Growth ▼21.4%

Profit margin

2.7%

Gross 7.9%

Employees

Change 0%

Profit / employee

£70k

Revenue/employee £2.6m

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 to	31 Oct 2022	31 Oct 2023	31 Oct 2024
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£30.1m	£24.9m	£23m
Cost of sales	£27.5m	£22.8m	£21.2m
Gross profit	£2.6m	£2.1m	£1.8m
Operating profit	£1.5m	£1m	£777k
Profit before tax	£1.5m	£1m	£844k
Profit after tax	£1.2m	£803k	£630k
Profit (best available)	£1.2m	£803k	£630k
Staff costs	£506k	£486k	£429k
Employees (average)	10	9	9
Ratios
Profit margin	3.8%	3.2%	2.7%
Gross margin	8.7%	8.6%	7.9%
Revenue per employee	£3m	£2.8m	£2.6m
Profit per employee	£115k	£89.2k	£70k
Cash conversion	−258.2%	−75%	−45.7%
Growth (year on year)
Revenue growth	—	▼17.3%	▼7.7%
Profit growth	—	▼30.3%	▼21.4%
Headcount growth	—	▼10%	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£4.3m	£4.4m	£4.4m
Net assets	£2.8m	£3.5m	£4.1m
Fixed assets	£505k	£379k	£277k
Current assets	£7m	£6.5m	£6.6m
Debtors	£2.1m	£1.7m	£1.7m
Deferred income	£7.4k	£34.9k	£12.8k
Cash from operations	−£3.9m	−£767k	−£355k
Source	FullAccounts · bulk data Oct 2024	FullAccounts · bulk data Oct 2024	FullAccounts · bulk data Oct 2025

Derived from the latest filing

How the business works

Profit margin: 2.7%; Profit ÷ revenue.
Gross margin: 7.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £2.6m; Revenue ÷ average employees.
Profit per employee: £70k; Profit ÷ average employees.
Cash conversion: −45.7%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 1.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.1%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 7.5%; 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: ▲17%; Now £4.1m
Cash at bank: ▼0%; Now £4.4m
Headcount: 0%; Now 9
Deferred income: ▼63%; Now £12.8k
Fixed assets: ▼27%; Now £277k

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

S.J.M. Holdings (S.W.) Limitedultimate parent75–100%
Stephens Fuel Oil Limitedthis company

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

Subsidiaries (1)

The Best Fuel Card Company LimitedFigures not disclosed

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 Oct 2024 (profit £630k), from the Companies House accounts bulk data published Oct 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.