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Refuels Limited

06428395

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

BANK CHAMBERS CANTERBURY ROAD, NR FOLKESTONE, CT18 8HU
Incorporated 15/11/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

38320
Recovery of sorted materials

Officers

Mr Michael Steven Taylor

director · Since 15/11/2007

DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 1 other board

Mr Norman Max Brisk

secretary · Since 13/08/2015

Persons with Significant Control

Autofueltek Eot Limited

75–100% shares
Appoint directors

Bank Chambers, Canterbury Road, Folkestone, CT18 8HU

Reg: 15446727 · Companies House England & Wales · Limited Company

Notified 14/02/2024

Former PSCs

Mr Michael Stephen Taylor

Ceased 14/02/2024

Mr Derek Anthony Thompson

Ceased 14/02/2024

CompanyRankvs 297+ SIC 38320 peers
74

Financial strength82th percentile among SIC peers · 21/25
Employees72th percentile among SIC peers · 11/15
LiquidityCurrent ratio 1.28× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength21/25 pts

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

Employees11/15 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.

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

Key FinancialsYear ending 30/11/2024

Net Worth

£795k

Balance sheet strength

Cash

£597k

Cash in the bank

Net Current Assets

£250k

Working capital

Current Assets

£1.1M

Current Liabilities

£887k

Fixed Assets

£649k

Debtors

£540k

Profit After Tax

£379k

5avg. employees

Tax at Year End

Corp tax£122k

Balance Sheet

Intangible assets£125k
Assets less current liabilities£899k
Prepared with Sage Accounts Production 24.0 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20241.28-£744k
20231.79+£379k
20221.44+£401k
20211.65

Derived from filed accounts. Not audited figures.