40% Micro
30% Small
11% Large
11% Mega
8% Mid
UK Fuel Refining Industry Information
The oil refining industry transforms crude oil into products such as petroleum, gasoline, diesel, asphalt, heating oil, kerosene, liquefied petroleum gas, jet fuel, fuel oils or coke.
Active Businesses
207
Annual Sales
£56bn +
Employees
9,178
Economic Contribution
£3bn
Tags
40% Micro
30% Small
11% Large
11% Mega
8% Mid
31% Young
29% Mature
20% Established
19% Startup
1% New
27% Healthy
26% High
25% Declining
16% Rapid
6% Low
Fuel Refining Industry Competitive Environment - New Entrants vs Leavers
Fuel Refining Industry Valuation
EBITDA Multiple
Fuel Refining Industry Valuation
Turnover Multiple
Fuel Refining Industry Valuation
Net Asset Multiple
There are 207 active Businesses in the UK with combined annual sales of £56 billion .
The Industry employs around 9,177 people and contributes £3 billion to the economy.
The most popular location for Fuel Refining companies is London with 55 and the fewest are located in South West England with 3.
The largest Fuel Refining company is Phillips 66 Limited with a turnover of £23.5bn. 40% of the industry is comprised of Micro companies with only 11% Large companies.
19% of the Fuel Refining Industry is made up of 19% Startup but the majority are Young businesses (31%) the oldest company is Esso Petroleum Company,limited founded in 1888.
Fuel Refining industry has a number of high growth companies (16%), the fastest growing company is Granville Oil & Chemicals Limited with a 3 year growth rate of 29%. Other fast growing companies include Veedol Uk Limited (29%), Phillips 66 Limited (28%) and Essar Oil (Uk) Limited (27%).
The UK Fuel Refining Industry’s valuation has been improving over the past 3 years with a current EBITDA multiple of 6.66x, Turnover multiple of 0.89x and a Net Asset multiple of 2.49x.