Motive Fuels Limited
13290733
Some Concerns
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
31/12/2024
small
Next accounts due
30/09/2026
Confirmation statement
Last: 03/03/2026
Due 17/03/2027
Industry
Officers
director · Since 30/07/2025
DIRECTOR
BRITISH · ENGLAND · Age 33
Also on 27 other boards
Persons with Significant Control
Hygen Production Limited
North Bailey House, 12 New Inn Hall Street, Oxford, OX1 2RP
Reg: 14048332 · Companies House · Limited Company
Notified 09/04/2024
Former PSCs
Itm Power Plc
Ceased 19/10/2023
Vitol Holding Sarl
Ceased 19/10/2023
Hycap Midstream Company 1 Limited
Ceased 09/04/2024
Hygen Energy Holdings Limited
Ceased 09/04/2024
Charges2 outstanding
HSBC EQUIPMENT FINANCE (UK) LIMITED
HSBC EQUIPMENT FINANCE (UK) LIMITED
HYCAP HYDROGEN PRODUCTION COMPANY 2 UK LIMITED
HYCAP HYDROGEN PRODUCTION COMPANY 2 UK LIMITED
CompanyRankvs 598+ SIC 47300 peers44
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 the date when the financial statements are authorised for issue. Our responsibilities, and the responsibilities of the directors , with respect
Key FinancialsYear ending 31/12/2024
Net Worth
£398k
Balance sheet strength
Cash
£79k
Cash in the bank
Net Current Assets
£1.4M
Working capital
Current Assets
£2.7M
Current Liabilities
£1.3M
Fixed Assets
£1.7M
Debtors
£2.7M
Profit After Tax
-£1.3M
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 2.08 | -£2.6M |
| 2024 | 1.21 | +£2.6M |
| 2023 | 2.85 | -£4.2M |
| 2022 | 9.43 | — |
Derived from filed accounts. Not audited figures.