Southern Lubricants Limited

Southern Lubricants Ltd, based in Okehampton, UK, is a small, family-run business with an active status, having been founded eleven years ago. The company employs fourteen people and holds assets valued at £1,149,600. It operates from a real address on North Road Industrial Estate and is overseen by three directors and two owners. Southern Lubricants is a regular importer of soaps, cleaning products, and waxes, with eighteen months of import activity recorded, the latest in January 2025. It also engages in irregular exporting of miscellaneous chemical products, with two months of export activity, the last in April 2023.

The company's website showcases a broad range of lubricant solutions and services, catering to diverse market sectors, including aerospace, agriculture, and marine. It positions itself as an expert in quality lubricants and bespoke solutions, emphasizing British craftsmanship and customer service. The site features a comprehensive catalog of lubricants from various brands like Mobil, Shell, and Castrol, alongside services such as lubricant sales, metalworking fluid management, and oil analysis. It’s clear they are not an e-commerce site, but rather a business-to-business supplier.

Financially, Southern Lubricants Ltd presents a mixed picture. Current assets decreased by 7%, dropping to £1,100,000, while net assets declined by 6%, settling at £380,000. Bank borrowings increased significantly by 97%, reaching £66,000, and cash reserves decreased by 24%, falling to £55,000. Creditors also decreased by 13%, suggesting better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decrease in equity warrants attention. With no auditor mentioned (likely exempt as a small company), the figures are unaudited.

Overall, Southern Lubricants Ltd appears to be a stable, albeit somewhat pressured, business. Its focus on specialized lubricants and services, combined with its family-run nature, suggests a long-term commitment to the industry. However, the recent financial trends indicate a need for careful management to ensure continued success.

Registered in England/Wales under the registration number 08877695, with a registered address at EX20 1BQ, Okehampton, Devon, 48 North Road, North Road Industrial Estate.

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