Oil & Gas Systems Limited

Active02167775ManufacturingIncorporated 21 Sept 1987 · Ely

The principal activity of the company in the year under review was that of the design and supply of bespoke engineered process packages and engineered metering systems to the oil, gas, power, chemical and associated industries. The company also supplies spare parts for these bespoke systems and provide site support services to its customer base.

Revenue

£6.5m

▲ +32.6% vs prior ~12m period

Profit after tax

£254k

Margin 3.9%

Employees

32

▼ -25.6% vs prior ~12m period

Net assets

£6.3m

Total assets £12.6m

Financial history

Revenue by accounting period

7 periods available · ▲ growth ▼ decline

Dec 2018
Not available
Dec 2019
£6.4m
Dec 2020
£8.1m▲ +26.5%
Dec 2021
£15.2m▲ +87.6%
Dec 2022
£6.7m▼ -56.1%
Dec 2023
£4.9m▼ -26.7%
Dec 2024
£6.5m▲ +32.6%
Period endRevenueGrowthProfit before taxEmployeesNet assets
31 Dec 2024£6.5m▲ +32.6%£254k32£6.3m
31 Dec 2023£4.9m▼ -26.7%£101k43£6.1m
31 Dec 2022£6.7m▼ -56.1%£286k44£6.0m
31 Dec 2021£15.2m▲ +87.6%£1.2m52£5.7m
31 Dec 2020£8.1m▲ +26.5%£178k49£4.5m
31 Dec 2019£6.4m—£65k48£4.3m
31 Dec 2018————£3.4m

Latest available figures

Period ending 31 Dec 2024. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.

Profit & loss

Revenue
£6.5m
Gross profit
£3.2m
Operating profit
Not available
Profit before tax
£254k
Profit after tax
£254k

Balance sheet

Total assets
£12.6m
Cash
£1.8m
Total liabilities
£6.3m
Net assets
£6.3m
Revenue per employee
£203k

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