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Biofuel Energy Ltd

13539960

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

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

Details

15 FRONT STREET, DURHAM, DH6 1PA
Incorporated 30/07/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46719
Wholesale of other fuels and related products

Officers

Mr Andrew Paul Lake

director · Since 01/01/2022

DIRECTOR

BRITISH · ENGLAND · Age 64

Ms Phoebe Lake

director · Since 08/01/2025

DIRECTOR

BRITISH · ENGLAND · Age 22

Also on 1 other board

Persons with Significant Control

Lake Energy Holdings Ltd

50–75% shares
50–75% votes
Appoint directors

20-22, Wenlock Road, London, N1 7GU

Reg: 13483064 · Register Of Companies · Limited By Shares

Notified 03/11/2022

Ft Management Consultants Limited

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

15, Front Street, Durham, DH6 1PA

Reg: 06604886 · Register Of Companies · Limited By Shares

Notified 03/11/2022

Former PSCs

Lake Energy Holdings Ltd

Ceased 01/10/2022

Ft Management Consultants Limited

Ceased 01/10/2022

Mr Aidan Kevin Tait

Ceased 03/11/2022

Mr Andrew Paul Lake

Ceased 03/11/2022

Charges0 outstanding

Charge
satisfied

FINBIZ FUNDING LIMITED

Created 02/12/2024Registered 02/12/2024Satisfied 25/06/2025

CompanyRankvs 277+ SIC 46719 peers
55

Financial strength81th percentile among SIC peers · 20/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.5× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength20/25 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.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity5/15 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 31/12/2024

Net Worth

£250k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£364k

Working capital

Current Assets

£362k

Current Liabilities

£726k

Fixed Assets

£1.2M

Debtors

£320k

8avg. employees+3

Tax at Year End

VAT£42k

Director Loans

Company owes directors£3k

Balance Sheet

Intangible assets£376k
Assets less current liabilities£883k
Signed by Mr Andrew Lake 7th September 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.50+£256k£847k
20231.76

Derived from filed accounts. Not audited figures.