How much does Business Oil Platform Limited make?

Business Oil Platform Limited reported revenue of £236m and £762k profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Business Oil Platform Limited have?

Business Oil Platform Limited reported an average of 4 employees in the year to 31 Dec 2024.

Is Business Oil Platform Limited profitable?

Yes — Business Oil Platform Limited reported a profit of £762k in the year to 31 Dec 2024.

Company No. 06956515 · Incorporated 8 Jul 2009

Business Oil Platform Limited

Registered name: BUSINESS OIL PLATFORM LIMITED

Business Oil Platform Limited made £236m revenue and £762k profit in the year to 31 Dec 2024.

Business Oil Platform Limited’s revenue grew 2% to £236m in the year to 31 Dec 2024, with £762k profit and 4 employees. The company is classified under “wholesale of petroleum and petroleum products” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46711Wholesale of petroleum and petroleum products SIC 46719Wholesale of other fuels and related products SIC 50200Sea and coastal freight water transport SIC 50400Inland freight water transport

Status: Active
Location: London, London
Age: 17 yrs · since 2009
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.

Latest accounts · year to 31 Dec 2024

Key figures

IndependentSmall teamCapital-lightDoing more with lessCash flow filed

Revenue

£236m

Growth ▲1.7%

Profit

£762k

Growth ▼70.8%

Profit margin

0.3%

Gross 0.8%

Employees

Change ▼20%

Profit / employee

£191k

Revenue/employee £59m

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 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£304m	£232m	£236m
Cost of sales	£299m	£227m	£234m
Gross profit	£5.5m	£5.2m	£2m
Operating profit	£3.4m	£3.4m	£1m
Profit before tax	£3.4m	£3.4m	£1m
Profit after tax	£2.8m	£2.6m	£762k
Profit (best available)	£2.8m	£2.6m	£762k
Staff costs	£601k	£579k	£406k
Employees (average)	6	5	4
Ratios
Profit margin	0.9%	1.1%	0.3%
Gross margin	1.8%	2.2%	0.8%
Revenue per employee	£50.7m	£46.4m	£59m
Profit per employee	£462k	£523k	£191k
Cash conversion	252.5%	−6.5%	−277.9%
Growth (year on year)
Revenue growth	—	▼23.8%	▲1.7%
Profit growth	—	▼5.6%	▼70.8%
Headcount growth	—	▼16.7%	▼20%
Balance sheet — indirect signals, not revenue
Cash at bank	£21m	£19.7m	£16.7m
Net assets	£11m	£13.5m	£14.1m
Fixed assets	£27.4k	£57.5k	£57.5k
Current assets	£33.5m	£34.2m	£34.1m
Debtors	£10.9m	£10.4m	£9.5m
Deferred income	£1.8m	£3.4m	£3.6m
Cash from operations	£8.7m	−£224k	−£2.8m
Source	FullAccounts · bulk data Oct 2024	FullAccounts · bulk data Oct 2024	FullAccounts · bulk data Sep 2025

Derived from the latest filing

How the business works

Profit margin: 0.3%; Profit ÷ revenue.
Gross margin: 0.8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £59m; Revenue ÷ average employees.
Profit per employee: £191k; Profit ÷ average employees.
Cash conversion: −277.9%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.5%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 4%; 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: ▲4%; Now £14.1m
Cash at bank: ▼15%; Now £16.7m
Headcount: ▼20%; Now 4
Deferred income: ▲8%; Now £3.6m
Fixed assets: 0%; Now £57.5k

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £762k), from the Companies House accounts bulk data published Sep 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.