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Western Fuel Limited

04399783

active
Private Limited Company
Companies House
Health Score
57 / 100

Notable Risks

25/30
Filing
0/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 4 outstanding charges (-8)

Details

OAK TREE ARENA, HIGHBRIDGE, TA9 4HA
Incorporated 20/03/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46120
Agents involved in the sale of fuels, ores, metals and industrial chemicals

Officers

Mr Craig David Lamont

director · Since 01/04/2024

DIRECTOR

BRITISH · ENGLAND · Age 72

Also on 4 other boards

Mr Nicholas Duncan Smith

director · Since 01/04/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 52

Also on 5 other boards

Mr Mark Robert Wayne

director · Since 01/04/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 57

Also on 11 other boards

Persons with Significant Control

Western Fuel Holdings Limited

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

Oak Tree Arena, Bristol Road, Highbridge, TA9 4HA

Reg: 15412250 · England & Wales · Private Limited Company

Notified 01/04/2024

Former PSCs

Mr Craig David Lamont

Ceased 01/04/2024

Charges4 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 17/08/2015Registered 17/08/2015
charge
outstanding

LLOYDS TSB BANK PLC

Created 24/06/2005Registered 09/07/2005
charge
outstanding

BWOC LIMITED

Created 08/11/2003Registered 13/11/2003
charge
outstanding

BWOC LIMITED

Created 08/11/2003Registered 13/11/2003

CompanyRankvs 257+ SIC 46120 peers
55

Financial strength96th percentile among SIC peers · 24/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.93× · 6/20
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 strength24/25 pts

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

Employees15/15 pts

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

Liquidity6/20 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

any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and the parent 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 concern are d

Key FinancialsYear ending 31/03/2024

Net Worth

£2.1M

Balance sheet strength

Cash

£4.1M

Cash in the bank

Net Current Assets

-£764k

Working capital

Current Assets

£10.0M

Current Liabilities

£10.8M

Fixed Assets

£3.8M

Debtors

£5.2M

Profit After Tax

£1.9M

56avg. employees

Tax at Year End

Corp tax£580k
Dividends paid£2.1M

People Costs(2020)

Wages & salaries£1.2M
NI contributions£116k

Balance Sheet

Intangible assets£48k
Assets less current liabilities£3.0M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.93-£41k
20230.95+£104k
20220.96+£176k
20210.92+£181k
20201.17+£683k
20191.07

Derived from filed accounts. Not audited figures.