How much does The Good Oil Limited make?

The Good Oil Limited reported revenue of £5.9m and £1.6m profit in the year to 29 Jun 2025, according to its accounts filed at Companies House.

How many employees does The Good Oil Limited have?

The Good Oil Limited reported an average of 0 employees in the year to 29 Jun 2025.

Is The Good Oil Limited profitable?

Yes — The Good Oil Limited reported a profit of £1.6m in the year to 29 Jun 2025.

Company No. 07755179 · Incorporated 30 Aug 2011

The Good Oil Limited

Registered name: THE GOOD OIL LIMITED

Part of Navarac Ltd group

The Good Oil Limited made £5.9m revenue and £1.6m profit in the year to 29 Jun 2025.

The Good Oil Limited’s revenue grew 1% to £5.9m in the year to 29 Jun 2025, with £1.6m profit and 0 employees. The company is classified under “licensed restaurants” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection I · Accommodation and food servicesSIC 56101Licensed restaurants

Status: Active
Location: London, London
Age: 15 yrs · since 2011
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.

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.

Latest accounts · year to 29 Jun 2025

Key figures

Small teamCapital-lightOperating leverageDoing more with less

Revenue

£5.9m

Growth ▲0.8%

Profit

£1.6m

Growth ▲19%

Profit margin

27.5%

Gross 41.7%

Employees

Change ▼100%

Profit / employee

—

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	25 Jun 2023	30 Jun 2024	29 Jun 2025
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£5.3m	£5.8m	£5.9m
Cost of sales	£3.2m	£3.5m	£3.4m
Gross profit	£2.1m	£2.3m	£2.4m
Operating profit	£1.2m	£1.4m	£1.6m
Profit before tax	£1.2m	—	—
Profit after tax	£1.2m	£1.4m	£1.6m
Profit (best available)	£1.2m	£1.4m	£1.6m
Staff costs	£1.8m	—	—
Employees (average)	84	48	0
Ratios
Profit margin	22.4%	23.3%	27.5%
Gross margin	39.7%	40.3%	41.7%
Revenue per employee	£63.2k	£121k	—
Profit per employee	£14.1k	£28.2k	—
Growth (year on year)
Revenue growth	—	▲9.6%	▲0.8%
Profit growth	—	▲14.2%	▲19%
Headcount growth	—	▼42.9%	▼100%
Balance sheet — indirect signals, not revenue
Cash at bank	£724k	£827k	£224k
Net assets	£6.3m	£7.7m	£9.3m
Fixed assets	£310k	£307k	£327k
Current assets	£7m	£8.5m	£10m
Debtors	£85.4k	£33.3k	£96.1k
Deferred income	£254k	£384k	£382k
Source	FullAccounts · bulk data Mar 2024	FullAccounts · bulk data Mar 2025	FullAccounts · bulk data Mar 2026

Derived from the latest filing

How the business works

Profit margin: 27.5%; Profit ÷ revenue.
Gross margin: 41.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: —; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 5.6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 6.5%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 1.6%; 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: ▲21%; Now £9.3m
Cash at bank: ▼73%; Now £224k
Headcount: ▼100%; Now 0
Deferred income: ▼0%; Now £382k
Fixed assets: ▲6%; Now £327k

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

Navarac Ltdultimate parent75–100%
Goldstar Brand Limited75–100%
The Good Oil Limitedthis company

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

Sister companies (1)

Metal Box Traders LimitedFigures not disclosed

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

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 29 Jun 2025 (profit £1.6m), from the Companies House accounts bulk data published Mar 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.