How many employees does Murzuq Oil Services Limited have?

Murzuq Oil Services Limited reported an average of 45 employees in the year to 31 Dec 2024.

Is Murzuq Oil Services Limited profitable?

Yes — Murzuq Oil Services Limited reported a profit of £2m in the year to 31 Dec 2024.

Company No. 12597062 · Incorporated 12 May 2020

Murzuq Oil Services Limited

Registered name: MURZUQ OIL SERVICES LIMITED

Part of The Government Of National Unity Of The State Of Libya group

Murzuq Oil Services Limited made £2m profit in the year to 31 Dec 2024 (revenue not disclosed).

Murzuq Oil Services Limited reported £2m profit in the year to 31 Dec 2024; its revenue was not disclosed. It had 45 employees. The company is classified under “support activities for petroleum and natural gas extraction” and is based in London; we hold 3 years of its filed accounts.

Profit onlySection B · Mining and quarryingSIC 09100Support activities for petroleum and natural gas extraction

Status: Active
Location: London, London
Age: 6 yrs · since 2020
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. From the filing: “The company's immediate parent company is Mediterranean Oil Services Company, a company incorporated in Libya. The registered office of Mediterranean Oil Services Company is Bashir Sadawi Street, P.O.”

Latest accounts · year to 31 Dec 2024

Key figures

Young and profitable

Revenue

—

Not disclosed in filing

Profit

£2m

Growth —

Profit margin

—

Employees

Change ▲28.6%

Profit / employee

£45k

Profitable streak

1yr

Consecutive profitable years in our data

This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.

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	31 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	Profit only	Profit only	Profit only
Profit & loss
Revenue (turnover)	—	—	—
Cost of sales	£11.7m	£13.7m	£29.6m
Profit after tax	−£326k	−£162k	£2m
Profit (best available)	−£326k	−£162k	£2m
Employees (average)	26	35	45
Ratios
Profit margin	—	—	—
Profit per employee	−£12.5k	−£4.6k	£45k
Growth (year on year)
Headcount growth	—	▲34.6%	▲28.6%
Balance sheet — indirect signals, not revenue
Cash at bank	£29m	£14.7m	£37.3m
Net assets	−£1.7m	£13.1m	£15.1m
Fixed assets	£98.3k	£159k	£145k
Current assets	£36.7m	£26.5m	£79.9m
Debtors	£5.5m	£6.1m	£36.3m
Deferred income	£16.9m	£6.7m	£50.8m
Source	FullAccounts · bulk data Jan 2025	FullAccounts · bulk data Jan 2025	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: —; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: £45k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: —; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: —; 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: ▲15%; Now £15.1m
Cash at bank: ▲154%; Now £37.3m
Headcount: ▲29%; Now 45
Deferred income: ▲654%; Now £50.8m
Fixed assets: ▼9%; Now £145k

Corporate ownership

Group structure

Ownership chain

The Government Of National Unity Of The State Of Libya (registered outside the UK register)ultimate parent75–100%
Murzuq Oil Services Limitedthis 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).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £2m), from the Companies House accounts bulk data published Dec 2025. 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.