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Target Fuels & Machinery Ltd

09496021

active
ltd
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

29 Wheatfield Road, Stanway, Colchester, CO3 0YA
Incorporated 18/03/2015

Previously known as

Target Fuels Ltd · until 20/02/2016

Compliance

Last accounts

30/09/2025

micro entity

Next accounts due

30/06/2027

On track

Confirmation statement

Last: 18/09/2025

Due 02/10/2026

On track

Industry

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

Officers

Charles Richard Cornish

director · Since 18/03/2015

British · United Kingdom · Age 50

Daniel Riva Ferretti

director · Since 18/03/2015

British · United Kingdom · Age 52

Persons with Significant Control

Mr Daniel Riva Ferretti

Significant control

British · United Kingdom · Age 52

29, Wheatfield Road, Colchester, CO3 0YA

Notified 01/03/2017

Target Network Group Ltd

75–100% shares
75–100% votes

9, Park Lane, Colchester, CO4 5WR

Reg: 16723660 · England · Limited Company

Notified 18/09/2025

Former PSCs

Mr Charles Richard Cornish

Ceased 18/09/2025

Change History

statusactive
2026-06-04

Active

typeltd
2026-06-04

Private Limited Company

address line129 Wheatfield Road
2026-06-04

29 WHEATFIELD ROAD

post townColchester
2026-06-04

COLCHESTER

CompanyRankvs 116+ SIC 46120 peers
80

Financial strength85th percentile among SIC peers · 21/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 2.79× · 20/20
Longevity11 years trading (max 15) · 11/15
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.

Employees13/15 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.

Longevity11/15 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 30/09/2025

Net Worth

£269k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£151k

Working capital

Current Assets

£235k

Current Liabilities

£84k

Fixed Assets

£118k

4avg. employees

Balance Sheet

Assets less current liabilities£269k
Prepared with BTCSoftware AP Solution 2025 12.2.02

EstimatesDerived

YearCurrent RatioImplied Profit
20252.79+£0
20252.79+£43k
20242.05+£81k
20231.63

Derived from filed accounts. Not audited figures.