How much does Oily Rag Classics Ltd make?

Oily Rag Classics Ltd reported revenue of £84.4k and £21.8k profit in the year to 31 Mar 2026, according to its accounts filed at Companies House.

How many employees does Oily Rag Classics Ltd have?

Oily Rag Classics Ltd reported an average of 2 employees in the year to 31 Mar 2026.

Is Oily Rag Classics Ltd profitable?

Yes — Oily Rag Classics Ltd reported a profit of £21.8k in the year to 31 Mar 2026.

Company No. 10039678 · Incorporated 3 Mar 2016

Oily Rag Classics Ltd

Registered name: OILY RAG CLASSICS LTD

Oily Rag Classics Ltd made £84.4k revenue and £21.8k profit in the year to 31 Mar 2026.

Oily Rag Classics Ltd’s revenue grew 3% to £84.4k in the year to 31 Mar 2026, with £21.8k profit and 2 employees. The company is classified under “maintenance and repair of motor vehicles” and is based in Bude; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 45200Maintenance and repair of motor vehicles

Status: Active
Location: Bude, South West
Age: 10 yrs · since 2016
Type: Private Limited Company

Latest accounts · year to 31 Mar 2026

Key figures

IndependentSmall teamCapital-lightBoring industry

Revenue

£84.4k

Growth ▲2.6%

Profit

£21.8k

Growth ▲0.6%

Profit margin

25.8%

Gross 68.5%

Employees

Change 0%

Profit / employee

£10.9k

Revenue/employee £42.2k

Profitable streak

4yrs

Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2023	31 Mar 2024	31 Mar 2025	31 Mar 2026
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£128k	£85k	£82.2k	£84.4k
Cost of sales	£84.9k	£38.6k	£24.7k	£26.5k
Gross profit	£43.3k	£46.3k	£57.5k	£57.8k
Operating profit	—	£13.9k	£26.7k	£26.9k
Profit before tax	£14.7k	£13.9k	£26.7k	£26.9k
Profit after tax	£11.9k	£11.3k	£21.7k	£21.8k
Profit (best available)	£11.9k	£11.3k	£21.7k	£21.8k
Employees (average)	2	2	2	2
Ratios
Profit margin	9.3%	13.3%	26.3%	25.8%
Gross margin	33.8%	54.5%	69.9%	68.5%
Revenue per employee	£64.1k	£42.5k	£41.1k	£42.2k
Profit per employee	£6k	£5.6k	£10.8k	£10.9k
Growth (year on year)
Revenue growth	—	▼33.7%	▼3.2%	▲2.6%
Profit growth	—	▼5.3%	▲91.8%	▲0.6%
Headcount growth	—	0%	0%	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£3.2k	£5.8k	£4.5k	£8.1k
Net assets	£15.6k	£14.9k	£15.6k	£21.3k
Fixed assets	£3.8k	£3.6k	£2.8k	£2.5k
Current assets	£17.7k	£15.6k	£19.7k	£25.9k
Debtors	£4.8k	£0	£5.3k	£10.4k
Source	FullAccounts · bulk data Oct 2024	FullAccounts · bulk data Oct 2024	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 25.8%; Profit ÷ revenue.
Gross margin: 68.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £42.2k; Revenue ÷ average employees.
Profit per employee: £10.9k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 3%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 12.3%; 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: ▲37%; Now £21.3k
Cash at bank: ▲81%; Now £8.1k
Headcount: 0%; Now 2
Deferred income: —; Now —
Fixed assets: ▼11%; Now £2.5k

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2026 (profit £21.8k), 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.