EXOL (HOLDINGS) LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  -14.5%

  £99,519,236 → £85,100,322

• Cash

  -73.6%

  £1,167,729 → £308,739

• Net assets

  -3.3%

  £28,796,650 → £27,835,042

• Employees

  -5.4%

  129 → 122

• Operating profit

  -7.6%

  £6,541,093 → £6,044,547

• Profit before tax

  +1%

  £5,476,073 → £5,528,635

• Wages

  +1.9%

  £8,742,274 → £8,906,784

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

1. EXOL (HOLDINGS) LIMITED 2023-11-29 → present
2. PHILMAR (HOLDINGS) LIMITED 2010-01-31 → 2023-11-29
3. WAKECO (410) LIMITED 2009-11-12 → 2010-01-31

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“At the time of approving the financial statements, the directors have a reasonable expectation that the group has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”

Group structure

1. EXOL (HOLDINGS) LIMITED · parent
   1. Exol Petroleum Limited 100% · Holding company
   2. Exol Lubricants Limited 100% · Manufacture and distribution of lubricants
   3. John Brindle Oil & Chemical Limited 100%
   4. Exol Lubricants (Rotherham) Limited 100% · Manufacture and bulk distribution of base oils and lubricants

Significant events

• “In 2024, Exol purchased the site and warehouse adjacent to its All Saints Road premises which provided the business with direct access to the nearby A4038.”
• “The development which continues in 2025 will also allow the business to expand its manufacturing and stockholding capabilities whilst improving the logistical flow of the site.”
• “We also plan to increase our capacity for providing bag in box products in early 2025, ensuring the needs of our existing customer base continue to be met.”
• “With the pigging system now fully operational investment will continue at the site in 2025 with the addition of a new fully automated blender alongside smaller blending vessels increasing our flexibility to deal with the changing profile of more smaller blends.”
• “We will also complete the application of radar sensors to those remaining tanks still reliant on hydrostatics and new pumps will be installed on the largest tanks, reducing blending times through faster transfers.”
• “Exol will receive the prestigious Kings Award for Enterprise for International Trade in May 2025, recognising the company's outstanding growth in overseas markets.”
• “In mid-2025 Exol will commence work on replacing Microsoft GP with Business Central which we expect to be fully rolled out on 2026.”
• “We are also developing a user training program and expect to have both a user security awareness system and a managed NOC in situ by the end of 2025.”
• “In completing this work, we are aiming to achieve the AISME level one certification.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.