Fuelmii Ltd
Registered name: FUELMII LTD
Fuelmii Ltd made £17.9m revenue and a £2.7m loss in the year to 30 Apr 2025.
Fuelmii Ltd’s revenue fell 33% to £17.9m in the year to 30 Apr 2025, with a loss of £2.7m and 51 employees. The company is classified under “agents involved in the sale of fuels, ores, metals and industrial chemicals” and is based in London; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 10 yrs · since 2016
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Apr 2023 | 30 Apr 2024 | 30 Apr 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £28.7m | £26.7m | £17.9m |
| Cost of sales | £26.7m | £23.7m | £15.2m |
| Gross profit | £2.1m | £3m | £2.7m |
| Operating profit | −£1.4m | −£2.6m | −£2.6m |
| Profit before tax | −£1.4m | −£2.6m | −£2.7m |
| Profit after tax | −£1.4m | −£2.6m | −£2.7m |
| Profit (best available) | −£1.4m | −£2.6m | −£2.7m |
| Staff costs | £1.3m | £2.6m | £2.3m |
| Employees (average) | 35 | 59 | 51 |
| Ratios | |||
| Profit margin | −5% | −9.6% | −15.3% |
| Gross margin | 7.2% | 11.1% | 15.1% |
| Revenue per employee | £821k | £452k | £352k |
| Profit per employee | −£41.4k | −£43.5k | −£53.8k |
| Growth (year on year) | |||
| Revenue growth | — | ▼7.1% | ▼32.8% |
| Headcount growth | — | ▲68.6% | ▼13.6% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £2.5m | £273k | £1.7m |
| Net assets | £4.2m | £1.6m | £3.4m |
| Fixed assets | £1.4m | £2.4m | £2.1m |
| Current assets | £5.3m | £2.9m | £3.5m |
| Debtors | £1.5m | £1.6m | £622k |
| Deferred income | £49.1k | £692k | £89.5k |
| Cash from operations | −£2.2m | −£23k | −£2.1m |
| Source | FullAccounts · bulk data Jan 2025 | FullAccounts · bulk data Jan 2025 | FullAccounts · bulk data Jan 2026 |
How the business works
- Profit margin
- −15.3%
- Profit ÷ revenue.
- Gross margin
- 15.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £352k
- Revenue ÷ average employees.
- Profit per employee
- −£53.8k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 11.8%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.5%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 3.5%
- Money owed by customers. Low = customers pay quickly.
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
- ▲107%
- Now £3.4m
- Cash at bank
- ▲535%
- Now £1.7m
- Headcount
- ▼14%
- Now 51
- Deferred income
- ▼87%
- Now £89.5k
- Fixed assets
- ▼11%
- Now £2.1m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Similar profitable businesses
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Sources
Latest figures from FullAccounts for the year to 30 Apr 2025 (profit −£2.7m), from the Companies House accounts bulk data published Jan 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.