EXOL LUBRICANTS LIMITED
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Cash
£233k
+6.8% vs 2024
Net assets
£14m
+1.5% vs 2024
Employees
104
+10.6% vs 2024
Profit before tax
£3.8m
+8.6% vs 2024
Watch the reel
Our short-form breakdown of EXOL LUBRICANTS LIMITED's latest filing
Steady growth at Exol Lubricants, but the real standout is the boardroom payout. 🛢️💰
Net assets
2-year trend · vs Energy median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £86,410,104 | £89,417,913 | +3.5% | |
| Operating profit | £4,036,399 | £4,353,291 | +7.9% | |
| Profit before tax | £3,512,462 | £3,815,441 | +8.6% | |
| Net profit | £2,594,742 | £2,818,436 | +8.6% | |
| Cash | £218,386 | £233,334 | +6.8% | |
| Total assets less current liabilities | £14,787,092 | £15,148,403 | +2.4% | |
| Net assets | £14,250,474 | £14,468,910 | +1.5% | |
| Equity | £14,250,474 | £14,468,910 | +1.5% | |
| Average employees | 94 | 104 | +10.6% | |
| Wages | £7,154,442 | £7,825,995 | +9.4% | |
| Directors' remuneration | £2,743,779 | £2,962,184 | +8% |
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 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|
| Operating margin | 4.7% | 4.9% | |
| Net margin | 3.0% | 3.2% | |
| Return on capital employed | 27.3% | 28.7% | |
| Current ratio | 1.36x | 1.42x | |
| Interest cover | 7.61x | 8.06x |
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 3 times since incorporation
- EXOL LUBRICANTS LIMITED 2002-12-06 → present
- GREENWAY LUBRICANTS LIMITED 1998-07-29 → 2002-12-06
- EXCELUBE LIMITED 1991-06-20 → 1998-07-29
- MEAUJO (87) LIMITED 1991-03-01 → 1991-06-20
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- bk plus Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“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.”
Significant events
- “In May 2025, Exol was honoured to receive the King's Award for Enterprise in International Trade, recognising the Company's outstanding growth and success in overseas markets.”
- “During the year, the Group commenced preparations to migrate its core finance and operational systems from Microsoft Dynamics to Microsoft Business Central, with implementation planned for late 2026.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 24 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| FROGSON, Darren Barber | Secretary | 2002-06-06 | — | British |
| DONALDSON, Scott William | Director | 2012-01-06 | Oct 1970 | British |
| DUNN, Stephen Lang | Director | 2012-01-06 | Jun 1969 | British |
| EVERITT, Steven David | Director | 2002-06-06 | Jun 1967 | British |
| FROGSON, Darren Barber | Director | 2002-06-06 | Oct 1966 | British |
Show 24 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| GILLOTT, David | Secretary | 1991-07-12 | 1998-06-08 |
| HESKETH, Mark James | Secretary | 1998-06-08 | 2000-05-09 |
| LEES, Iain Roger | Secretary | 2000-08-01 | 2002-06-06 |
| MCNAIR, Andrew Malcolm | Secretary | 2000-05-09 | 2000-08-01 |
| PHILSEC LIMITED | Corporate Nominee Secretary | 1991-03-01 | 1991-07-12 |
| BARKER, Timothy Guy | Director | 1991-07-12 | 1998-06-08 |
| BOOTH, Melvyn | Director | 1995-10-01 | 1996-11-30 |
| CACKETT, Barry John | Director | 2000-10-11 | 2001-10-24 |
| CACKETT, John William | Director | 2000-05-09 | 2001-10-24 |
| DORWARD, Kenneth | Director | 1996-03-18 | 2000-03-01 |
| EVERITT, Steven David | Director | 1991-10-21 | 2001-10-24 |
| HESKETH, Mark James | Director | 1998-06-08 | 2000-05-09 |
| HOOLE, Jonathan | Director | 2013-02-01 | 2015-06-30 |
| KNIGHTS, Peter Jeremy | Director | 1997-02-03 | 1997-09-12 |
| LEES, Iain Roger | Director | 2000-08-01 | 2002-06-06 |
| MARTIN, Philip James | Director | 2002-06-06 | 2010-03-10 |
| MCNAIR, Andrew Malcolm | Director | 2000-05-09 | 2002-06-06 |
| STOKER, Robert William | Director | 1999-10-01 | 2001-10-24 |
| STURDY, Richard Alan | Director | 1998-06-08 | 2000-05-09 |
| SUCH, Alan Keith | Director | 1991-07-12 | 1995-08-31 |
| SWABY, Mark William | Director | 1995-08-31 | 1998-06-08 |
| TAYLOR, Peter William | Director | 1991-10-21 | 1996-12-31 |
| WEBB, Kenneth George Leslie | Director | 1991-07-12 | 1998-06-08 |
| MEAUJO INCORPORATIONS LIMITED | Corporate Nominee Director | 1991-03-01 | 1991-07-12 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Darren Barber Frogson | Individual | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 177 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-16 | AA | accounts | Accounts with accounts type full | |
| 2026-03-13 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-09-05 | AA | accounts | Accounts with accounts type full | |
| 2025-05-01 | CH01 | officers | Change person director company with change date | |
| 2025-03-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-06 | AA | accounts | Accounts with accounts type full | |
| 2024-04-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-11-17 | AA | accounts | Accounts with accounts type full | |
| 2023-03-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-11-23 | AA | accounts | Accounts with accounts type full | |
| 2022-04-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-10-05 | AA | accounts | Accounts with accounts type full | |
| 2021-04-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-11-23 | AA | accounts | Accounts with accounts type full | |
| 2020-07-22 | CH01 | officers | Change person director company with change date | |
| 2020-07-22 | CH01 | officers | Change person director company with change date | |
| 2020-07-21 | CH01 | officers | Change person director company with change date | |
| 2020-07-21 | CH01 | officers | Change person director company with change date | |
| 2020-07-21 | CH03 | officers | Change person secretary company with change date | |
| 2020-03-19 | CS01 | confirmation-statement | Confirmation statement with no updates |
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.