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Speed Fuels Ltd

13746248

active
ltd
england wales
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

954 Eastern Avenue, Ilford, IG2 7JD
Incorporated 16/11/2021

Compliance

Last accounts

28/02/2025

total exemption full

Next accounts due

30/11/2026

On track

Confirmation statement

Last: 08/11/2025

Due 22/11/2026

On track

Industry

47300
Retail sale of automotive fuel in specialised stores

Officers

Thanalingam Iyinkaran

director · Since 16/11/2021

British · United Kingdom · Age 50

Manickavasagam Sritharan

director · Since 16/11/2021

British · United Kingdom · Age 64

Persons with Significant Control

Mr Manickavasagam Sritharan

25–50% shares
25–50% votes

British · United Kingdom · Age 64

954, Eastern Avenue, Ilford, IG2 7JD

Notified 16/11/2021

Mr Thanalingam Iyinkaran

25–50% shares
25–50% votes

British · United Kingdom · Age 50

954, Eastern Avenue, Ilford, IG2 7JD

Notified 16/11/2021

Charges2 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 16/11/2022Registered 17/11/2022
Charge
outstanding

LLOYDS BANK PLC

Created 16/11/2022Registered 17/11/2022

Change History

statusactive
2026-06-04

Active

typeltd
2026-06-04

Private Limited Company

address line1954 Eastern Avenue
2026-06-04

954 EASTERN AVENUE

post townIlford
2026-06-04

ILFORD

officer appointedIYINKARAN, Thanalingam
2026-06-04
officer appointedSRITHARAN, Manickavasagam
2026-06-04

CompanyRankvs 1302+ SIC 47300 peers
31

Financial strength61th percentile among SIC peers · 15/25
Employees37th percentile among SIC peers · 6/15
LiquidityNo balance sheet data · 0/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength15/25 pts

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

Employees6/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity0/20 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.

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 28/02/2025

Net Worth

£159k

Balance sheet strength

Cash

£114k

Cash in the bank

Net Current Assets

-£98k

Working capital

Current Assets

Current Liabilities

£451k

Fixed Assets

£1.5M

Debtors

£125k

4avg. employees

Balance Sheet

Intangible assets£400k
Assets less current liabilities£1.4M
Signed by Thanalingam Iyinkaran

EstimatesDerived

YearCurrent RatioImplied Profit
2025+£72k
20240.69+£80k
20230.55

Derived from filed accounts. Not audited figures.