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Buccaneer Fuels Limited

12873777

active
Private Limited Company
england wales
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)
  • 8 outstanding charges (-10)

Details

234 STOCKTON ROAD, HARTLEPOOL, TS25 5DE
Incorporated 11/09/2020

Compliance

Last accounts

30/09/2024

total exemption full

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 28/01/2026

Due 11/02/2027

On track

Industry

47300
Retail sale of automotive fuel in specialised stores

Officers

Mr Arul Palaniappan

director · Since 11/09/2020

DIRECTOR

INDIAN · ENGLAND · Age 44

Also on 1 other board

Persons with Significant Control

Mr Arul Palaniappan

75–100% shares
75–100% votes

Indian · Scotland · Age 44

234, Stockton Road, Hartlepool, TS25 5DE

Notified 11/09/2020

Charges8 outstanding

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outstanding

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CompanyRankvs 410+ SIC 47300 peers
65

Financial strength94th percentile among SIC peers · 24/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.94× · 16/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding 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.

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.

Longevity6/15 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 30/09/2024

Net Worth

£2.8M

Balance sheet strength

Cash

£453k

Cash in the bank

Net Current Assets

£1.3M

Working capital

Current Assets

£2.8M

Current Liabilities

£1.4M

Fixed Assets

£2.2M

Debtors

£1.5M

36avg. employees+5

Balance Sheet

Bank loans & overdrafts£698k
Assets less current liabilities£3.5M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20241.94+£502k
20232.03+£1.2M
20221.31+£514k
20211.01

Derived from filed accounts. Not audited figures.