Mining in the United Kingdom
This page gathers the figures we hold on mining in the United Kingdom. Each section names its own source.
Each source groups industries its own way, so the edges of mining differ a little from section to section.
- Median sale multiple7.5times EBITDA
- EBITDA margin38.5%share of sales, 2024
- Still trading after three years48.0%of businesses started in 2021
- Earnings change+0.4%the year to June 2026
What businesses sold for
- Mining7.5 times EBITDA, 5+ deals
- Oilfield services7.5 times EBITDA, 5+ deals
Deal details
Mining: median 7.5 times EBITDA (5+ deals of £5.3 million to £263 million, announced 2012 to 2025).
Oilfield services: median 7.5 times EBITDA (5+ deals of £5.3 million to £263 million, announced 2012 to 2025).
Sizes are converted from our size range of A$10 million to A$500 million, at the fixed rate our database uses to place overseas deals: £1 = A$1.90. The rate stays fixed, so the range always describes the same deals.
What multiple will my business sell for?
In the United Kingdom, mining businesses bought between 2012 and 2025 sold for a median of 7.5 times EBITDA, across 5+ deals.
See what UK businesses sell for, by sector.
These are deals for UK businesses in our database, not every deal in the market.
Source: deals in our database with a published value. Counts by onestepright.
Compare sale multiples across countries.
Margins
In 2024, what was left after bought-in costs and staff costs came to 38.5% of sales across the industry. The measure is close to EBITDA.
- Purchases46.8%
- Staff costs13.8%
- Other
- Close to EBITDA38.5%
Across every business in the industry added together.
What is the average profit margin in mining?
Across every mining business added together, sales less bought-in and staff costs came to 38.5% of sales in 2024. The measure is close to EBITDA.
Every business in the industry is added together, so the figures are not a typical business. The survey does not count owners' own pay as a cost, so the figure reads high where small businesses are many.
Source: Office for National Statistics, Annual Business Survey, licensed under the Open Government Licence v3.0. Ratios computed by onestepright.
How many businesses are still trading
About 48 in every 100 were still trading three years later.
The ONS counts businesses registered for VAT or PAYE. The rate is our calculation from its counts.
Source: Office for National Statistics, Business Demography, licensed under the Open Government Licence v3.0. Rates computed by onestepright.
Businesses that started and stopped
Each is a share of the businesses trading in 2024.
A business counts as stopped when it is no longer active on the ONS register of VAT and PAYE businesses. The rates are our calculation from ONS counts.
Source: Office for National Statistics, Business Demography, licensed under the Open Government Licence v3.0. Rates computed by onestepright.
What costs did
What earnings and input prices did in this industry. Each comes from its own ONS series and grouping of industries. Earnings move with the mix of jobs and hours as well as with pay, so they are not a pay rate.
Each bar comes from its own ONS series, named below.
Average weekly earnings in mining and quarrying, the ONS group nearest mining, held about level in the year to June 2026.
Source: Office for National Statistics, Average Weekly Earnings, licensed under the Open Government Licence v3.0.
No ONS price series measures this industry's inputs closely enough to show.
Source: Office for National Statistics licensed under the Open Government Licence v3.0.
See mining in Australia.
See mining in Canada.
See mining in the United States.
Who in your business can move a price, and by how much? The pricing check takes about ten minutes.