How much does Lubriage Ltd make?

Lubriage Ltd reported revenue of £57.6m and £2.4m profit in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Lubriage Ltd have?

Lubriage Ltd reported an average of 32 employees in the year to 31 Dec 2023.

Is Lubriage Ltd profitable?

Yes — Lubriage Ltd reported a profit of £2.4m in the year to 31 Dec 2023.

Company No. 09736842 · Incorporated 17 Aug 2015

Lubriage Ltd

Registered name: LUBRIAGE LTD

Part of Mannol Holdings Ltd group

Lubriage Ltd made £57.6m revenue and £2.4m profit in the year to 31 Dec 2023.

Lubriage Ltd’s revenue grew 98% to £57.6m in the year to 31 Dec 2023, with £2.4m profit and 32 employees. The company is classified under “wholesale of other fuels and related products” and is based in Northampton; we hold 2 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46719Wholesale of other fuels and related products

Status: Liquidation
Location: Northampton, East Midlands
Age: 11 yrs · since 2015
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.

Latest accounts · year to 31 Dec 2023

Key figures

Capital-lightCash flow filed

Revenue

£57.6m

Growth ▲98%

Profit

£2.4m

Growth ▼28%

Profit margin

4.2%

Gross 8.6%

Employees

Change ▲18.5%

Profit / employee

£75.3k

Revenue/employee £1.8m

Profitable streak

2yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£29.1m	£57.6m
Cost of sales	£22.5m	£52.6m
Gross profit	£6.6m	£5m
Operating profit	£4.1m	£3.1m
Profit before tax	£4.1m	£3m
Profit after tax	£3.3m	£2.4m
Profit (best available)	£3.3m	£2.4m
Staff costs	£949k	£957k
Employees (average)	27	32
Ratios
Profit margin	11.5%	4.2%
Gross margin	22.6%	8.6%
Revenue per employee	£1.1m	£1.8m
Profit per employee	£124k	£75.3k
Cash conversion	−10.6%	−41.3%
Growth (year on year)
Revenue growth	—	▲98%
Profit growth	—	▼28%
Headcount growth	—	▲18.5%
Balance sheet — indirect signals, not revenue
Cash at bank	£28.2k	£53.9k
Net assets	£2.9m	£5.3m
Fixed assets	£418k	£1.3m
Current assets	£30m	£62.1m
Debtors	£15.1m	£39.1m
Cash from operations	−£438k	−£1.3m
Source	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2024

Derived from the latest filing

How the business works

Profit margin: 4.2%; Profit ÷ revenue.
Gross margin: 8.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £1.8m; Revenue ÷ average employees.
Profit per employee: £75.3k; Profit ÷ average employees.
Cash conversion: −41.3%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 2.3%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 67.9%; 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: ▲84%; Now £5.3m
Cash at bank: ▲92%; Now £53.9k
Headcount: ▲19%; Now 32
Deferred income: —; Now —
Fixed assets: ▲212%; Now £1.3m

Corporate ownership

Group structure

Ownership chain

Mannol Holdings Ltdultimate parent75–100%
Lubriage Ltdthis company

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

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit £2.4m), 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.