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Fuel 24 Limited

13003494

active
Private Limited Company
england wales
Companies House
Health Score
64 / 100

Some Concerns

30/30
Filing
0/30
Financial
34/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

519 BASINGSTOKE ROAD, READING, RG2 0SH
Incorporated 09/11/2020

Compliance

Last accounts

30/06/2025

micro entity

Next accounts due

31/03/2027

On track

Confirmation statement

Last: 17/10/2025

Due 31/10/2026

On track

Industry

47300
Retail sale of automotive fuel in specialised stores

Officers

Mr Krishnathasan Navaratnam

director · Since 09/11/2020

DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 31 other boards

Mr Praveen Rolson Dsouza

director · Since 13/11/2022

DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 9 other boards

Mr Mark Ashley Lodge

director · Since 13/11/2022

DIRECTOR

BRITISH · ENGLAND · Age 65

Also on 10 other boards

Persons with Significant Control

Mr Krishnathasan Navaratnam

25–50% shares
25–50% votes
Appoint directors

British · England · Age 59

519, Basingstoke Road, Reading, RG2 0SH

Notified 09/11/2020

Mr Mark Ashley Lodge

25–50% shares
25–50% votes

British · England · Age 65

Pear Tree Cottage, 81 Main Street, Burton-On-Trent, DE13 7AE

Notified 13/11/2022

Charges3 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 09/12/2022Registered 12/12/2022
Charge
outstanding

LLOYDS BANK PLC

Created 23/05/2022Registered 23/05/2022
Charge
outstanding

LLOYDS BANK PLC

Created 23/05/2022Registered 23/05/2022

CompanyRankvs 1175+ SIC 47300 peers
36

Financial strength0th percentile among SIC peers · 0/25
Employees32th percentile among SIC peers · 5/15
LiquidityCurrent ratio 428.83× · 20/20
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 strength0/25 pts

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

Employees5/15 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.

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 30/06/2025

Net Worth

-£417k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£181k

Working capital

Current Assets

£159k

Current Liabilities

£371

Fixed Assets

£4.3M

3avg. employees

Balance Sheet

Assets less current liabilities£4.5M
Signed by Mr Krishnathasan Navaratnam 25/07/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
2025428.83-£133k
2024433.33-£156k
2023434.08-£127k
20221081.00—

Derived from filed accounts. Not audited figures.