Millers Oils Limited

Millers Oils Ltd, hailing from Brighouse, UK, is a holding company with an active status, celebrating 110 years since its founding in 1914. The company employs 97 people and maintains a real address, managed by four directors, although no owners are currently reported. It's a regular importer of miscellaneous chemical products, with 61 months of import activity recorded, and a prolific exporter of mineral fuels, oils, and related products, boasting 345 months of export activity.

The company’s website, millersoils.co.uk, showcases a diverse range of lubricants and fuel treatments, catering to automotive, motorsport, and industrial applications. While the site highlights a wide array of products, there’s no obvious e-commerce functionality—suggesting a primarily B2B model with sales likely handled through distributors and direct accounts. The site is well-designed and informative, emphasizing the company’s heritage and technical expertise.

Financially, Millers Oils Ltd presents a mixed picture. While turnover remained relatively stable at £18 million, net assets decreased by 13% to £14 million. Bank borrowings decreased by a significant 100%, reaching zero—a positive sign of improved financial management. However, accrued liabilities increased by 54%, rising to £850,000, and cash reserves remained relatively stable at £2.8 million. Depreciation charges increased by 3.6%, reaching £1.5 million, and staff costs rose by 2.8%, reaching £4.5 million. The company’s consistent export activity suggests a strong international presence, but the increase in accrued liabilities warrants further investigation. The company's auditor is BHP LLP.

Overall, Millers Oils Ltd appears to be a well-established company with a strong brand and a history of innovation. While the financial data indicates some challenges, the company's resilience and global reach suggest a promising future.

Registered in England/Wales under the registration number 00137671, with a registered address at HD6 3DP, Brighouse, Hillside Oil Works, Rastrick Common.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.