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Company No. 07362215 · Incorporated 1 Sep 2010

Northern Energy Oil Limited

Registered name: NORTHERN ENERGY OIL LIMITED

Part of NWF Group PLC group

Northern Energy Oil Limited made £35.1m revenue and a £25.7k loss in the year to 31 Aug 2024.

Northern Energy Oil Limited’s revenue fell 4% to £35.1m in the year to 31 Aug 2024, with a loss of £25.7k and 46 employees. The company is classified under “agents involved in the sale of fuels, ores, metals and industrial chemicals” and is based in Cheshire; we hold 3 years of its filed accounts.

Status
Active
Location
Cheshire
Age
16 yrs · since 2010
Type
Private Limited Company
Latest accounts · year to 31 Aug 2024

Key figures

Revenue
£35.1m
Growth ▼3.9%
Profit
−£25.7k
Growth ▼109.8%
Profit margin
−0.1%
Gross 12.7%
Employees
46
Change ▲9.5%
Profit / employee
−£559
Revenue/employee £764k
Profitable streak
0yrs
Consecutive profitable years in our data
3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Aug 202231 Aug 202331 Aug 2024
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£26.4m£36.6m£35.1m
Cost of sales−£22.8m−£32.1m−£30.7m
Gross profit£3.6m£4.4m£4.5m
Operating profit£832k£322k£234k
Profit before tax£866k£310k£117k
Profit after tax£688k£261k−£25.7k
Profit (best available)£688k£261k−£25.7k
Employees (average)374246
Ratios
Profit margin2.6%0.7%−0.1%
Gross margin13.5%12.1%12.7%
Revenue per employee£714k£871k£764k
Profit per employee£18.6k£6.2k−£559
Growth (year on year)
Revenue growth—▲38.5%▼3.9%
Profit growth—▼62%▼109.8%
Headcount growth—▲13.5%▲9.5%
Balance sheet — indirect signals, not revenue
Net assets———
SourceAccounts · bulk data Feb 2024Accounts · bulk data Feb 2024Accounts · bulk data Feb 2025
Derived from the latest filing

How the business works

Profit margin
−0.1%
Profit ÷ revenue.
Gross margin
12.7%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£764k
Revenue ÷ average employees.
Profit per employee
−£559
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
—
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
—
Now —
Cash at bank
—
Now —
Headcount
▲10%
Now 46
Deferred income
—
Now —
Fixed assets
—
Now —
Corporate ownership

Group structure

Ownership chain

  1. NWF Group PLCultimate parent75–100%
  2. NWF Fuels Holdings Limited75–100%
  3. NWF Fuels Limited75–100%
  4. Northern Energy Oil Limitedthis company

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

Sister companies (13)

From the Persons with Significant Control register (corporate controllers only).

Sources

Latest figures from accounts for the year to 31 Aug 2024 (profit −£25.7k), from the Companies House accounts bulk data published Feb 2025. Spotted an error? Request a correction.

Updated from Companies House on 19 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.