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S K Fuel Limited

06317424

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)
  • Going concern doubt noted in accounts (-10)
  • 5 outstanding charges (-10)

Details

8A CAVENDISH COURT, DONCASTER, DN1 2DJ
Incorporated 19/07/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47300
Retail sale of automotive fuel in specialised stores

Officers

Khadija Patel

secretary · Since 20/07/2007

BRITISH

Suleman Patel

director · Since 20/07/2007

SALES

BRITISH · ENGLAND · Age 60

Mrs Khadija Patel

director · Since 01/08/2012

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 1 other board

Persons with Significant Control

Mr Suleman Patel

50–75% shares
50–75% votes
Appoint directors

British · United Kingdom · Age 60

8a Cavendish Court, South Parade, Doncaster, DN1 2DJ

Notified 19/07/2016

Mrs Khadija Patel

25–50% shares
25–50% votes

British · England · Age 58

8a Cavendish Court, South Parade, Doncaster, DN1 2DJ

Notified 05/08/2019

Former PSCs

Mrs Khadija Patel

Ceased 11/03/2019

Charges5 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 12/02/2018Registered 16/02/2018
charge
outstanding

PHILLIPS 66 LIMITED

Created 10/01/2013Registered 11/01/2013
charge
satisfied

CONOCOPHILLIPS LIMITED

Created 23/08/2011Registered 24/08/2011Satisfied 04/03/2022
charge
outstanding

LLOYDS TSB BANK PLC

Created 19/07/2011Registered 21/07/2011
charge
outstanding

CONOCOPHILLIPS LIMITED

Created 07/10/2010Registered 08/10/2010
charge
outstanding

CONOCOPHILLIPS LIMITED

Created 02/02/2010Registered 03/02/2010

CompanyRankvs 127+ SIC 47300 peers
65

Financial strength98th percentile among SIC peers · 25/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.58× · 16/20
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.

Liquidity16/20 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

£22.0M

Annual revenue

Net Worth

£6.4M

Balance sheet strength

Cash

£1.3M

Cash in the bank

Profit Before Tax

£1.3M

Bottom line earnings

Net Current Assets

£3.6M

Working capital

Current Assets

£9.8M

Current Liabilities

£6.2M

Fixed Assets

£2.8M

Debtors

£7.9M

Cost of Sales

£19.1M

Gross Profit

£3.0M

Admin Expenses

£1.7M

Operating Profit

£1.4M

Profit After Tax

£1.0M

57avg. employees+46

Tax at Year End

Corp tax£572k
Dividends paid-£170k

People Costs

Wages & salaries£678k
NI contributions£101k

Balance Sheet

Assets less current liabilities£6.4M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20241.58+£847k
20231.57+£796k
20221.63

Derived from filed accounts. Not audited figures.