Propeller Fuels Ltd
Registered name: PROPELLER FUELS LTD
Propeller Fuels Ltd made £281m revenue and £134k profit in the year to 31 Dec 2025.
Propeller Fuels Ltd’s revenue fell 12% to £281m in the year to 31 Dec 2025, with £134k profit and 11 employees. The company is classified under “other business support service activities” and is based in Hessle; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Hessle, Yorkshire and The Humber
- Age
- 8 yrs · since 2017
- 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 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £288m | £320m | £281m |
| Cost of sales | £282m | £313m | £275m |
| Gross profit | £6.7m | £7.8m | £6.7m |
| Operating profit | £1.1m | £941k | £675k |
| Profit before tax | £231k | £232k | £13.4k |
| Profit after tax | £177k | £169k | £134k |
| Profit (best available) | £177k | £169k | £134k |
| Staff costs | £507k | £526k | £652k |
| Employees (average) | 7 | 9 | 11 |
| Ratios | |||
| Profit margin | 0.1% | 0.1% | 0.1% |
| Gross margin | 2.3% | 2.4% | 2.4% |
| Revenue per employee | £41.2m | £35.6m | £25.6m |
| Profit per employee | £25.3k | £18.8k | £12.1k |
| Cash conversion | 76.7% | 221.8% | 554.7% |
| Growth (year on year) | |||
| Revenue growth | — | ▲11.1% | ▼12.1% |
| Profit growth | — | ▼4.5% | ▼21.1% |
| Headcount growth | — | ▲28.6% | ▲22.2% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £186k | £326k | £1.3m |
| Net assets | £1.8m | £2m | £2.1m |
| Fixed assets | £25.5k | £579k | £974k |
| Current assets | £29.7m | £27.1m | £26.1m |
| Debtors | £28.2m | £25.6m | £24.1m |
| Cash from operations | £843k | £2.1m | £3.7m |
| Source | FullAccounts · bulk data Jul 2025 | FullAccounts · bulk data Jul 2025 | FullAccounts · bulk data May 2026 |
How the business works
- Profit margin
- 0.1%
- Profit ÷ revenue.
- Gross margin
- 2.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £25.6m
- Revenue ÷ average employees.
- Profit per employee
- £12.1k
- Profit ÷ average employees.
- Cash conversion
- 554.7%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.4%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 8.6%
- 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
- ▲7%
- Now £2.1m
- Cash at bank
- ▲296%
- Now £1.3m
- Headcount
- ▲22%
- Now 11
- Deferred income
- —
- Now —
- Fixed assets
- ▲68%
- Now £974k
Similar profitable businesses
- Renaker Build LimitedManchester · Other business support service activities n.e.c.
- Revenue
- £280m
- Profit
- £7.2m
- Staff
- 386
- Everflow LimitedPeterlee · Other business support service activities n.e.c.
- Revenue
- £261m
- Profit
- £6.4m
- Staff
- 182
- CMS Distribution LimitedLondon · Other business support service activities n.e.c.
- Revenue
- £313m
- Profit
- £3.1m
- Staff
- 244
- Advance Contracting Solutions LimitedEwloe · Other business support service activities n.e.c.
- Revenue
- £253m
- Profit
- £615k
- Staff
- 1,811
- Shared Services Connected LtdLondon · Other business support service activities n.e.c.
- Revenue
- £334m
- Profit
- £29.6m
- Staff
- 2,317
- Diggecard UK LtdWokingham · Other business support service activities n.e.c.
- Revenue
- £231m
- Profit
- £599k
- Staff
- 22
Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £134k), from the Companies House accounts bulk data published May 2026. Spotted an error? Request a correction.
Updated from Companies House on 11 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.