WEB OIL LIMITED
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Cash
£70K
-98.7% lowest in 6 filed years
Net assets
£496K
-75.1% lowest in 6 filed years
Employees
19
0% vs 2024
Profit before tax
£312K
-1.4% vs 2024
Net assets
6-year trend · vs Unclassified median
Accounts
6-year trend · Δ = latest vs prior filed period · latest reflected 2025-05-31
| Metric | Trend | 2020-05-31 | 2021-05-31 | 2022-05-31 | 2023-05-31 | 2024-05-31 | 2025-05-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|---|
| Turnover | £46,589,413 | £31,776,192 | £38,327,773 | £50,554,051 | £30,337,255 | £25,283,444 | -16.7% | |
| Operating profit | £639,763 | £172,147 | £537,413 | £758,050 | £160,706 | £201,832 | +25.6% | |
| Profit before tax | £649,749 | £178,785 | £544,470 | £787,525 | £316,610 | £312,267 | -1.4% | |
| Net profit | £524,259 | £144,816 | £442,616 | £631,288 | £237,543 | £234,252 | -1.4% | |
| Cash | £2,681,913 | £3,129,567 | £3,743,172 | £5,903,050 | £5,487,247 | £69,795 | -98.7% | |
| Total assets less current liabilities | £602,909 | £724,154 | £1,145,904 | £1,761,892 | £1,998,591 | £510,888 | -74.4% | |
| Net assets | £535,522 | £680,338 | £1,122,954 | £1,754,242 | £1,991,785 | £495,929 | -75.1% | |
| Equity | £535,522 | £680,338 | £1,122,954 | £1,754,242 | £1,991,785 | £495,929 | -75.1% | |
| Average employees | 30 | 27 | 24 | 22 | 19 | 19 | 0% | |
| Wages | £922,483 | £821,105 | £764,295 | £773,626 | £723,449 | £746,689 | +3.2% | |
| Directors' remuneration | — | — | — | — | — | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2020-05-31 | 2021-05-31 | 2022-05-31 | 2023-05-31 | 2024-05-31 | 2025-05-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | 1.4% | 0.5% | 1.4% | 1.5% | 0.5% | 0.8% | |
| Net margin | 1.1% | 0.5% | 1.2% | 1.2% | 0.8% | 0.9% | |
| Return on capital employed | 106.1% | 23.8% | 46.9% | 43.0% | 8.0% | 39.5% | |
| Current ratio | — | — | — | — | 1.24x | 1.12x | |
| Interest cover | — | 98.94x | — | — | 25.89x | — |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- McDaid McCullough Moore
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Group structure
- WEB OIL LIMITED · parent
- Nicholls' (Fuel Oils) Limited 100%
Significant events
- “On 1 June 2025, subsequent to the reporting date, the entire issued share capital of the company was acquired by Your NRG Ltd. On acquisition by Your NRG Ltd, the company ceased to trade and is expected to be dormant in future periods.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| NICHOLL, Colin Anthony | Director | 2014-06-16 | Jan 1970 | Irish |
| NICHOLL, Gary Martin | Director | 2012-02-24 | Jun 1968 | British |
| PEART, Charles Frederick | Director | 2025-06-01 | May 1966 | British |
| PEART, Roger David Hunter | Director | 2025-06-06 | Apr 1972 | British |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| JOYCE, Malcolm | Director | 2012-02-24 | 2013-10-21 |
| SHEPHERD, Timothy Charles Maxwell | Director | 2013-10-21 | 2018-11-29 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Your Nrg Ltd | Corporate entity | Shares 75–100%, Voting 75–100% | 2025-06-06 | Active |
| Nicholl (Fuel Oils) Limited | Corporate entity | Shares 25–50%, Voting 25–50% | 2016-04-06 | Active |
Filing timeline
Last 20 of 44 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-11 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-02-19 | AA | accounts | Accounts with accounts type full | |
| 2025-08-28 | AP01 | officers | Appoint person director company with name date | |
| 2025-07-28 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-07-28 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-07-28 | AP01 | officers | Appoint person director company with name date | |
| 2025-07-28 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-03-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-02-25 | AA | accounts | Accounts with accounts type medium | |
| 2024-04-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-02-29 | AA | accounts | Accounts with accounts type medium | |
| 2023-05-22 | AA | accounts | Accounts with accounts type full | |
| 2023-04-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-06-29 | AA | accounts | Accounts with accounts type full | |
| 2022-02-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-06-08 | AA | accounts | Accounts with accounts type full | |
| 2021-04-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-04-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-03-03 | AA | accounts | Accounts with accounts type full | |
| 2019-04-24 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.