Midland Oil Group Limited
Registered name: MIDLAND OIL GROUP LIMITED
Midland Oil Group Limited made £12.9m revenue and £204k profit in the year to 31 Jul 2025.
Midland Oil Group Limited’s revenue was £12.9m in the year to 31 Jul 2025, with £204k profit and 2 employees. The company is classified under “mineral oil refining” and is based in Halesowen; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Halesowen, West Midlands
- Age
- 3 yrs · since 2023
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 7 Feb 2023 | 31 Jul 2024 | 31 Jul 2025 |
|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | — | £17.9m | £12.9m |
| Cost of sales | — | £13.6m | £9.8m |
| Gross profit | — | £4.3m | £3m |
| Operating profit | — | £704k | £388k |
| Profit before tax | — | £403k | £117k |
| Profit after tax | — | £250k | £204k |
| Profit (best available) | — | £250k | £204k |
| Staff costs | — | £1.7m | £1.3m |
| Employees (average) | — | 2 | 2 |
| Ratios | |||
| Profit margin | — | 1.4% | 1.6% |
| Gross margin | — | 24% | 23.6% |
| Revenue per employee | — | £9m | £6.4m |
| Profit per employee | — | £125k | £102k |
| Cash conversion | — | −348.6% | 0% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £0 | £35.6k | £2.6k |
| Net assets | — | £100 | £100 |
| Fixed assets | £0 | £2.5m | £2.5m |
| Current assets | — | £100 | £100 |
| Debtors | — | £0 | £0 |
| Deferred income | — | £0 | — |
| Cash from operations | — | −£2.5m | £0 |
| Source | FullAccounts · bulk data Feb 2025 | FullAccounts · bulk data Feb 2025 | FullAccounts · bulk data Apr 2026 |
How the business works
- Profit margin
- 1.6%
- Profit ÷ revenue.
- Gross margin
- 23.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £6.4m
- Revenue ÷ average employees.
- Profit per employee
- £102k
- Profit ÷ average employees.
- Cash conversion
- 0%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 19.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0%
- 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
- —
- Now £100
- Cash at bank
- —
- Now £2.6k
- Headcount
- —
- Now 2
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now £2.5m
Group structure
Subsidiaries (4)
- Midland Oil Refinery LimitedRev. £12.9m · Profit £183k
- Kwikfill LimitedFigures not disclosed
- Rods Oils LimitedFigures not disclosed
- Varol LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
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- Revenue
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- Profit
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- Staff
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- Profit
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- Profit
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Sources
Latest figures from FullAccounts for the year to 31 Jul 2025 (profit £204k), from the Companies House accounts bulk data published Apr 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.