Oiltech Holdings Limited
Registered name: OILTECH HOLDINGS LIMITED
Oiltech Holdings Limited made £149k revenue and £40.5k profit in the year to 31 Mar 2024.
Oiltech Holdings Limited’s revenue grew 648% to £149k in the year to 31 Mar 2024, with £40.5k profit and 1 employee. The company is classified under “buying and selling of own real estate” and is based in Kington; we hold 3 years of its filed accounts.
- Status
- Active - Proposal to Strike off
- Location
- Kington, West Midlands
- Age
- 19 yrs · since 2007
- 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 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 |
|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | — | £19.9k | £149k |
| Profit after tax | — | −£19.7k | £40.5k |
| Profit (best available) | — | −£19.7k | £40.5k |
| Employees (average) | — | 1 | 1 |
| Ratios | |||
| Profit margin | — | −98.6% | 27.1% |
| Revenue per employee | — | £19.9k | £149k |
| Profit per employee | — | −£19.7k | £40.5k |
| Growth (year on year) | |||
| Revenue growth | — | — | ▲648.3% |
| Headcount growth | — | — | 0% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | £574k | £537k | £644k |
| Fixed assets | £269k | £269k | £279k |
| Current assets | £330k | £313k | £375k |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2024 |
How the business works
- Profit margin
- 27.1%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £149k
- Revenue ÷ average employees.
- Profit per employee
- £40.5k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 187.2%
- 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.
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
- ▲20%
- Now £644k
- Cash at bank
- —
- Now —
- Headcount
- 0%
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- ▲4%
- Now £279k
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2024 (profit £40.5k), from the Companies House accounts bulk data published Dec 2024. 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.