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Kernow Oils Limited

04773016

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
20/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • 5 outstanding charges (-10)

Details

KERNOW OILS LTD, HAYLE, TR27 4QZ
Incorporated 21/05/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46719
Wholesale of other fuels and related products

Officers

Mrs Eileen Charmaine Adkins

secretary · Since 21/05/2003

OIL DISTRIBUTOR

BRITISH · ENGLAND · Age 76

Also on 3 other boards

Mrs Eileen Charmaine Adkins

director · Since 21/05/2003

DIRECTOR AND COMPANY SECRETARY

BRITISH · ENGLAND · Age 76

Also on 3 other boards

Mr Mark Julian Adkins

director · Since 06/09/2004

DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 1 other board

Mr Andrew Dean Rosser

director · Since 01/07/2012

SALES DIRECTOR

BRITISH · ENGLAND · Age 58

Mr Simon Daniel Adkins

director · Since 04/10/2022

DIRECTOR

BRITISH · ENGLAND · Age 51

Mr David Paul Rule

director · Since 04/10/2022

DIRECTOR

BRITISH · ENGLAND · Age 68

Persons with Significant Control

Mrs Eileen Charmaine Adkins

25–50% shares
25–50% votes

British · England · Age 76

Kernow Oils Ltd, Guildford Road Industrial Estate, Hayle, TR27 4QZ

Notified 06/04/2016

Mr Mark Julian Adkins

Significant control

British · England · Age 53

Kernow Oils Ltd, Guildford Road Industrial Estate, Hayle, TR27 4QZ

Notified 06/04/2016

Charges5 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 13/06/2024Registered 14/06/2024
Charge
outstanding

HSBC BANK PLC

Created 17/03/2017Registered 20/03/2017
charge
outstanding

HSBC BANK PLC

Created 14/04/2011Registered 15/04/2011
charge
outstanding

HSBC INVOICE FINANCE (UK) LTD (“THE SECURITY HOLDER�)

Created 04/03/2011Registered 08/03/2011
charge
outstanding

HSBC BANK PLC

Created 21/12/2004Registered 23/12/2004

CompanyRankvs 64+ SIC 46719 peers
69

Financial strength89th percentile among SIC peers · 22/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.5× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength22/25 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.

Liquidity12/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/10/2024

Net Worth

£1.0M

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

£527k

Working capital

Current Assets

£1.6M

Current Liabilities

£1.1M

Fixed Assets

£1.2M

Debtors

£851k

24avg. employees

Tax at Year End

Corp tax£0

Balance Sheet

Intangible assets£1
Assets less current liabilities£1.7M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.50+£44k
20232.00+£128k
20221.69+£161k
20211.94+£291k
20201.43+£20k
20191.09+£5k
20181.24

Derived from filed accounts. Not audited figures.