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Kinch Fuel Oils Limited

01492318

active
Private Limited Company
england wales
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

REDWAY, MINETY, SN16 9QH
Incorporated 21/04/1980

Compliance

Last accounts

31/07/2024

medium

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 26/11/2025

Due 10/12/2026

On track

Industry

46719
Wholesale of other fuels and related products

Officers

Mrs Pauline Margaret Kinch

director · Since 26/11/1991

SECRETARY

BRITISH · ENGLAND · Age 71

Also on 2 other boards

Mr Royston Charles Kinch

director · Since 26/11/1991

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 75

Also on 2 other boards

Mrs Hayley Louise Hammond

secretary · Since 29/10/2024

Mr Richard Ian Kinch

director · Since 29/10/2024

DIRECTOR

BRITISH · ENGLAND · Age 49

Also on 3 other boards

Persons with Significant Control

Kinch Fuel Oils Holdings Limited

75–100% shares
75–100% votes
Appoint directors

Redway, Hornbury Hill, Malmesbury, SN16 9QH

Reg: 16036358 · Companies House · Private Company Limited By Shares

Notified 29/10/2024

Former PSCs

Mr Royston Charles Kinch

Ceased 29/10/2024

Mrs Pauline Margaret Kinch

Ceased 29/10/2024

Charges1 outstanding

Charge
outstanding

ROYSTON CHARLES KINCH · PAULINE MARGARET KINCH

Created 29/10/2024Registered 31/10/2024
charge
satisfied

CONOCO LIMITED

Created 18/03/1985Registered 20/03/1985Satisfied 15/06/2018
charge
satisfied

CONOCO LIMITED

Created 26/04/1984Registered 09/05/1984Satisfied 15/06/2018

CompanyRankvs 15+ SIC 46719 peers
69

Financial strength99th percentile among SIC peers · 25/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 9.62× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

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. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/07/2024

Turnover

£16.2M

Annual revenue

Net Worth

£19.6M

Balance sheet strength

Cash

£14.7M

Cash in the bank

Profit Before Tax

£2.3M

Bottom line earnings

Net Current Assets

£14.6M

Working capital

Current Assets

£16.3M

Current Liabilities

£1.7M

Fixed Assets

£5.3M

Debtors

£1.1M

Cost of Sales

£13.4M

Gross Profit

£2.8M

Admin Expenses

£458k

Operating Profit

£1.8M

Profit After Tax

£1.7M

15avg. employees

Tax at Year End

Corp tax£472k
Dividends paid£1k

People Costs

Wages & salaries£497k
NI contributions£45k

Balance Sheet

Assets less current liabilities£19.9M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20249.62+£1.7M
202312.93+£1.1M
202213.57+£1.5M
202110.82+£1.2M
202013.72+£1.6M
20199.49+£1.2M
20186.24

Derived from filed accounts. Not audited figures.