Fuelmate Limited
Registered name: FUELMATE LIMITED
Part of J.R. Rix & Sons Limited groupFuelmate Limited made £110m revenue and £1.2m profit in the year to 31 Dec 2025.
Fuelmate Limited’s revenue grew 4% to £110m in the year to 31 Dec 2025, with £1.2m profit and 14 employees. The company is classified under “wholesale of petroleum and petroleum products” and is based in Hull; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Hull, Yorkshire and The Humber
- Age
- 18 yrs · since 2008
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £108m | £105m | £110m |
| Cost of sales | £106m | £102m | £106m |
| Gross profit | £2.8m | £2.9m | £3.3m |
| Operating profit | £1.4m | £1.4m | £1.6m |
| Profit before tax | £1.4m | £1.4m | £1.6m |
| Profit after tax | £1m | £1.1m | £1.2m |
| Profit (best available) | £1m | £1.1m | £1.2m |
| Staff costs | £697k | £751k | £777k |
| Employees (average) | 23 | 16 | 14 |
| Ratios | |||
| Profit margin | 1% | 1% | 1.1% |
| Gross margin | 2.6% | 2.8% | 3% |
| Revenue per employee | £4.7m | £6.6m | £7.8m |
| Profit per employee | £45.6k | £66.3k | £86.2k |
| Growth (year on year) | |||
| Revenue growth | — | ▼2.9% | ▲4.2% |
| Profit growth | — | ▲1.1% | ▲13.8% |
| Headcount growth | — | ▼30.4% | ▼12.5% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £5.2m | £3.9m | £4m |
| Net assets | £1.1m | £1.2m | £1.3m |
| Current assets | £10.8m | £8.1m | £8.6m |
| Debtors | £4.6m | £3.8m | £4m |
| Source | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 1.1%
- Profit ÷ revenue.
- Gross margin
- 3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £7.8m
- Revenue ÷ average employees.
- Profit per employee
- £86.2k
- Profit ÷ average employees.
- Cash conversion
- —
- 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
- 3.6%
- 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
- ▲9%
- Now £1.3m
- Cash at bank
- ▲2%
- Now £4m
- Headcount
- ▼13%
- Now 14
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- J.R. Rix & Sons Limitedultimate parent75–100%
- Fuelmate Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (40)
- Rix Petroleum (Hull) LimitedRev. £124m · Profit £381k
- Victory Leisure Homes LimitedRev. £62.5m · Profit −£3.3m
- Maritime Bunkering LimitedRev. £43.5m · Profit £1.8m
- Prestige Communities Group LimitedRev. £0 · Profit £0
- Ar Fuels LtdFigures not disclosed
- Bankmile LimitedFigures not disclosed
- Fleetmate LimitedFigures not disclosed
- Fuel Master LimitedFigures not disclosed
- HHH Park No. 1 LimitedFigures not disclosed
- Jordans Motors LimitedFigures not disclosed
- Montrose Stevedores LimitedFigures not disclosed
- Oakley's Fuel Oils LimitedFigures not disclosed
- Rix Efuels LimitedFigures not disclosed
- Rix Gas Services LimitedFigures not disclosed
- Rix Grain Drying LimitedFigures not disclosed
- Rix Heating Services LimitedFigures not disclosed
- Rix Petroleum (East Anglia) LimitedFigures not disclosed
- Rix Petroleum (Mercia) LimitedFigures not disclosed
- Rix Petroleum (Midlands) LimitedFigures not disclosed
- Rix Petroleum (Scotland) LimitedFigures not disclosed
- Rix Petroleum (Spalding) LimitedFigures not disclosed
- Rix Petroleum LimitedFigures not disclosed
- Rix Renewables LimitedFigures not disclosed
- Rix Sea Shuttle LtdFigures not disclosed
- Rix Shipping (Scotland) LimitedFigures not disclosed
- Rix Shipping Company LimitedFigures not disclosed
- The Lerrix Tankship LimitedFigures not disclosed
- The Lizrix Tankship LimitedFigures not disclosed
- The Rix Cheetah Workboat LtdFigures not disclosed
- The Rix Eagle Tankship LimitedFigures not disclosed
- The Rix Lion Workboat LtdFigures not disclosed
- The Rix Lynx Workboat LimitedFigures not disclosed
- The Rix Merlin Tankship LimitedFigures not disclosed
- The Rix Owl Tankship LimitedFigures not disclosed
- The Rix Phoenix Tankship LimitedFigures not disclosed
- The Rix Tiger Workboat LtdFigures not disclosed
- Victory Conversions LimitedFigures not disclosed
- Victory Exports LimitedFigures not disclosed
- Victory Holiday Homes LimitedFigures not disclosed
- Victory LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Rix Petroleum (Hull) LimitedHull · Wholesale of petroleum and petroleum products
- Revenue
- £124m
- Profit
- £381k
- Staff
- 70
- Prince Petroleum LimitedMelton Mowbray · Wholesale of petroleum and petroleum products
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- Portland Fuel LimitedYork · Wholesale of petroleum and petroleum products
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- £68.6m
- Profit
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- County Oil Group LimitedRuncorn · Wholesale of petroleum and petroleum products
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- £50.3m
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- £2.1m
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- Nicholls'(Fuel Oils) LimitedLondonderry · Wholesale of petroleum and petroleum products
- Revenue
- £247m
- Profit
- £3.5m
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- S&JD Robertson North Air LimitedAberdeen · Wholesale of petroleum and petroleum products
- Revenue
- £47.3m
- Profit
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- Staff
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Sources
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.