MAXOL OIL LIMITED
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Cash
£26m
+5.6% highest in 3 filed years
Net assets
£50m
+1.4% highest in 3 filed years
Employees
15
0% vs 2024
Profit before tax
£8.5m
+15.6% highest in 3 filed years
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £240,166,625 | £247,830,444 | £245,646,097 | -0.9% | |
| Operating profit | £7,209,911 | £6,488,216 | £7,574,855 | +16.7% | |
| Profit before tax | £7,665,410 | £7,318,298 | £8,460,761 | +15.6% | |
| Net profit | £5,717,805 | £5,220,382 | £6,058,507 | +16.1% | |
| Cash | £22,046,654 | £24,318,254 | £25,679,260 | +5.6% | |
| Total assets less current liabilities | £44,591,845 | £50,680,883 | £51,712,058 | +2% | |
| Net assets | £44,119,265 | £49,339,647 | £50,033,424 | +1.4% | |
| Equity | £44,119,265 | £49,339,647 | £50,033,424 | +1.4% | |
| Average employees | 16 | 15 | 15 | 0% | |
| Wages | £1,321,215 | £1,523,387 | £1,875,778 | +23.1% | |
| Directors' remuneration | £594,412 | £948,881 | £1,260,508 | +32.8% | |
| Directors' pension contributions | £43,668 | £21,089 | £23,975 | +13.7% | |
| Highest paid director | £332,673 | £536,955 | £698,405 | +30.1% |
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 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 3.0% | 2.6% | 3.1% | |
| Net margin | 2.4% | 2.1% | 2.5% | |
| Return on capital employed | 16.2% | 12.8% | 14.6% | |
| Gearing (liabilities / total assets) | 36.8% | 2.6% | 3.2% | |
| Current ratio | 1.37x | 1.42x | 1.45x |
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.
Name history
Renamed 1 time since incorporation
- MAXOL OIL LIMITED 2000-01-01 → present
- MCMULLANS LIMITED 1935-08-12 → 2000-01-01
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors expect that the company has adequate resources and liquidity to continue to meet all of its financial and other obligations and has accordingly prepared these financial statements on a Going Concern basis.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DONEGAN, Laurence | Secretary | 2023-06-07 | — | — |
| DONALDSON, Brian | Director | 2023-06-07 | Jun 1965 | Northern Irish |
| MCMULLAN, Barry John | Director | 2014-11-06 | May 1972 | Irish |
| MCMULLAN, Maxwell | Director | — | Jun 1943 | Irish |
| MCMULLAN, Noel | Director | — | Dec 1944 | Irish |
| MCMULLAN, Thomas | Director | 2014-11-06 | Apr 1974 | Irish |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MCMULLAN, Maxwell | Secretary | — | 2023-06-07 |
| MCMULLAN, David G. M. | Director | — | 1999-08-26 |
| MCMULLAN, Malcolm Charles | Director | — | 2022-06-14 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Maxol Energy Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 200 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-14 | AA | accounts | Accounts with accounts type full | |
| 2025-10-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-10-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-29 | AA | accounts | Accounts with accounts type full | |
| 2024-09-30 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-09-26 | AA | accounts | Accounts with accounts type full | |
| 2023-10-10 | AA | accounts | Accounts with accounts type full | |
| 2023-10-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-14 | AP03 | officers | Appoint person secretary company with name date | |
| 2023-06-14 | TM02 | officers | Termination secretary company with name termination date | |
| 2023-06-14 | AP01 | officers | Appoint person director company with name date | |
| 2022-11-25 | TM01 | officers | Termination director company with name termination date | |
| 2022-09-30 | AA | accounts | Accounts with accounts type full | |
| 2022-06-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-11-09 | AA | accounts | Accounts with accounts type full | |
| 2021-06-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-10-01 | AA | accounts | Accounts with accounts type full | |
| 2020-06-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-10-02 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- 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.