ISLE OF WIGHT FUELS LIMITED

10 BRICKET ROAD, ST ALBANS, HERTFORDSHIRE, AL1 3JX

Company Number: 08011071
Incorporation date: 29-Mar-2012
Status: Active
Entity type: Private Limited Company

SIC codes:
46711 Wholesale of petroleum and petroleum products





SUMMARY

This company is 12 years old and is currently active. It is controlled by Malthurst Petroleum Limited. The company has negative equity (net assets) of GBP -3.4 million which has worsened since the previous year's figure of GBP -2.8 million. The latest reported revenue figure is GBP 26 million which is down -60% on the previous year. The company is both loss making and has negative equity, it is therefore likely to go bankrupt unless it can raise funding or business has improved since the last accounts were filed. Retained earnings is negative (GBP -3.4 million), which means the company has aggregate losses since it's inception or it has paid more dividends than it can afford; given the company's age, this is a sign of serious financial problems. The company has 4 active officers (directors or partners) who are or were officers of 74 other companies. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.


FINANCIALS (BETA)

Next accounts due: 30-Sep-2024
Accounts Filed: AUDIT EXEMPTION SUBSIDIARY (31-Dec-2022)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
31-Dec-2019 GBP 25,981,000 -184,000 4,000 392,000 -631,000
31-Dec-2018 GBP 68,705,000 -1,365,000 4,000 221,000 -1,530,000
01-Oct-2017 GBP 63,798,000 -399,000 3,000 -399,000


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Dec-2019 GBP 1,475,000 9,341,000 13,926,000 -3,404,000 -3,404,000
31-Dec-2018 GBP 1,369,000 5,316,000 9,308,000 -2,773,000 -2,773,000
01-Oct-2017 GBP 8,688,000 4,000 -1,243,000

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
31-Dec-2018 GBP inf% -4,000 4,000 0 -682,500
* Average valuation during the period
** Estimated based on average Cash and Debt levels during period

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
Active PINSENT MASONS SECRETARIAL LIMITED 07 Mar 2019 28 Mar 2024 440 - 2645
Resigned David HATHAWAY 29 Mar 2012 07 Mar 2019 0 - 1

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Thomas Mckenzie BIGGART 11 Mar 2019 Surveyor British 26 - 160 (0.0%)
Active Simon Paul LANE 22 Nov 2018 Chief Financial Officer British 13 - 140 (0.0%)
Active Jeremy CLARKE 22 Nov 2018 Chief Operating Officer British 38 - 130 (0.0%)
Active William Bahlsen BANNISTER 22 Nov 2018 Chief Executive British 45 - 240 (0.0%)
Resigned Graham Paul TIMBERS 03 Oct 2018 12 Feb 2019 Managing Director British 0 - 390 (0.0%)
Resigned Karen Juanita, Dr DICKENS 29 Feb 2016 22 Jun 2018 Chief Executive British 0 - 412 (4.9%)
Resigned Steven John BACK 29 Feb 2016 15 Oct 2018 Chief Financial Officer British 0 - 526 (11.5%)
Resigned Guy James VIGAR 26 Aug 2014 05 May 2016 Manager British 1 - 41 (20.0%)
Resigned Susan Margaret TOBBELL 29 Mar 2012 30 Apr 2012 Director British 5 - 302 (5.7%)
Resigned Graham Frederick PEACOCK 29 Mar 2012 30 Apr 2012 Director British 10 - 384 (8.3%)
Resigned Richard Antony Cargill SCOTT 29 Mar 2012 05 May 2015 Director British 0 - 5112 (23.5%)
Resigned John Charles LYNN 29 Mar 2012 31 May 2016 Director British 0 - 322 (6.3%)
Number of active directors: 4
Average tenure of active directors: 5.3 years
Average tenure of resigned directors: 1.8 years
Average active director Dissolution Rate: 0.0%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
PREMIER GARAGE (SOUTHGATE) LIMITED (00428952) - Active
PRIZET FILLING STATION (KENDAL) LIMITED (00493627) - Active
BORDON SERVICE STATION LIMITED (00549944) - Active
KERR 2 LIMITED (00687187) - Active
GEORGE HAMMOND LIMITED (00690947) - Active
MALTHURST PETROLEUM LIMITED (00762360) - Active
AUK INVESTMENTS LIMITED (00924673) - Active
BURNS & CO. LIMITED (01454826) - Active
MANOR SERVICE STATIONS LIMITED (01938740) - Active
CHARTMAN LIMITED (02192424) - Active
THE TANK MUSEUM TRADING COMPANY LIMITED (02236998) - Active
WOOLMER SERVICE STATION LIMITED (02293317) - Active
HIGHWAY STOPS LIMITED (02409154) - Active
MATRIX (HIGHLANDS) LIMITED (02558700) - Active
REFINED MP LIMITED (02847780) - Active
ROADSIDE GROUP LTD (03079092) - Active
ELITE FUELS LTD (03080543) - Active
MALTHURST RETAIL LIMITED (03313799) - Active
PEREGRINE RETAIL LIMITED (03327423) - Active
MALTHURST LIMITED (03445529) - Active
MALTHURST (UK) LIMITED (03473591) - Active
MALTHURST SERVICES LIMITED (03700779) - Active
HALEY HILL SERVICE STATION LTD (04151848) - Active
REFINED ESTATES LIMITED (04193995) - Active
SPRING PETROLEUM COMPANY LTD (04342974) - Active
FUEL STOP (UK) LTD (04511403) - Active
MALTHURST FUELS LIMITED (04526281) - Active
REFINED PETROLEUM LIMITED (04998448) - Active
LUPO LIMITED (05166720) - Active
RETRO PROPERTIES LIMITED (05179558) - Active
REFINED HOLDINGS LIMITED (05193623) - Active
MOTOR FUEL LIMITED (05206547) - Active
MITHA FORECOURTS LIMITED (05303330) - Active
MOTOR FUEL GROUP LIMITED (06231901) - Active
MOTOR FUEL (NO.5) LIMITED (06255272) - Active
MALTHURST PROPERTIES LIMITED (06360537) - Active
MRH (GB) LIMITED (06360543) - Active
REFINED ESTATES TRADING LIMITED (06379764) - Active
REFINED PETROLEUM TRADING LIMITED (06379865) - Active
MOTOR FUEL (NO.1) LIMITED (06523149) - Active
MERCURY FORECOURTS LTD (06605317) - Active
MOTOR FUEL (NO.6) LIMITED (07317793) - Active
MOTOR FUEL (NO.3) LIMITED (07532478) - Active
SCIMITAR MIDCO LIMITED (07777382) - Active
SCIMITAR PFS 1 LIMITED (07777403) - Active
ISLE OF WIGHT FUELS LIMITED (08011071) - Active
BNV LIMITED (08210135) - Active
RFF LIMITED (08318618) - Active
MALTHURST ESTATES LIMITED (08328610) - Active
ST ALBANS OPERATING COMPANY LIMITED (09146965) - Active
ST ALBANS DEALERSHIP COMPANY LIMITED (09147000) - Active
MALTHURST ANGLIA LIMITED (09471584) - Active
MALTHURST SOUTH EAST LIMITED (09471633) - Active
CD&R FIREFLY 4 LIMITED (09547863) - Active
CD&R FIREFLY BIDCO LIMITED (09580601) - Active
MOTOR FUEL (NO.2) LIMITED (09581137) - Active
LSF9 ROBIN TOPCO LIMITED (09770836) - Active
LSF9 ROBIN MIDCO LIMITED (09770842) - Active
LSF9 ROBIN INVESTMENTS LIMITED (09770848) - Active
CHARTMAN HOLDINGS LIMITED (09892309) - Active
MOTOR FUEL (NO.4) LIMITED (09976564) - Active
JTI PROPERTY LIMITED (10026738) - Active
LSF9 ROBIN NEWCO 1 LIMITED (10491759) - Active
LSF9 ROBIN NEWCO 2 LIMITED (10501307) - Active
KERR 1 LIMITED (10717536) - Active
AUK INVESTMENTS HOLDINGS LIMITED (12965603) - Active
MFG EV POWER LIMITED (13353242) - Active
CROMWELL IV LIMITED (13724534) - Active
CENTAUR III LIMITED (13724536) - Active
PROF LION LIMITED (13726255) - Active
UNICORN DIVE LIMITED (13726697) - Active
SIBERIAN TIGER LIMITED (13726725) - Active
MERCURY CHALLENGER BIDCO LIMITED (15449274) - Active
ZAIN INVESTMENTS (JERSEY) LIMITED (FC033560) - Active
KENNET LIMITED (SC086158) - Active

SHAREHOLDERS (BETA)

No shareholder data available

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

ISLE OF WIGHT FUELS LIMITED

no controlled companies

LATE PAYMENTS REPORT


This company has not filed any late payment reports possibly because it is not considered \'Large\'.

COURT CASES


No Court Cases found

PATENTS


No Patents found

COMPETITORS

(Based on Sic code: 46711 Wholesale of petroleum and petroleum products)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
SHELL TRADING INTERNATIONAL LIMITED SHELL CENTRE, YORK ROAD, LONDON, SE1 7NA 03634752 2017-12-31 71,597,509,000 90,485,000 66120-Security and commodity contracts dealing activities
BELFAST STORAGE LIMITED C/O CARSON MCDOWELL LLP MURRAY HOUSE, MURRAY STREET, BELFAST, CO. ANTRIM, NORTHERN IRELAND, BT1 6DN NI647768 2017-12-31 14,447,000,000 1,584,000,000
UNIPEC U.K. CO. LIMITED 13-15 MOORGATE, LONDON, ENGLAND, EC2R 6AD 03138679 2017-12-31 14,104,311,000 49,069,000
PUMA ENERGY (UK) LIMITED WESTERLEIGH TERMINAL OAKLEIGH GREEN FARM LANE, WESTERLEIGH, BRISTOL, ENGLAND, BS37 8QE 09156625 2017-12-31 1,489,738,000 -9,391,000 46719-Wholesale of other fuels and related products
52101-Operation of warehousing and storage facilities for water transport activities
52103-Operation of warehousing and storage facilities for land transport activities
KUWAIT PETROLEUM INTERNATIONAL AVIATION COMPANY (U.K.) LIMITED DUKE'S COURT, DUKE STREET, WOKING, SURREY, GU21 5BH 01744961 2018-03-31 1,437,105,000 20,884,000
C H JONES LIMITED CANBERRA HOUSE LYDIARD FIELDS, GREAT WESTERN WAY, SWINDON, ENGLAND, SN5 8UB 00305804 2017-12-31 621,844,000 13,162,000
APIOIL UK LIMITED 21 NEW ROW, 4TH FLOOR, LONDON, ENGLAND, WC2N 4LE 01784532 2017-12-31 614,019,206 2,684,635
THE FUELCARD COMPANY UK LIMITED CANBERRA HOUSE LYDIARD FIELDS, GREAT WESTERN WAY, SWINDON, ENGLAND, SN5 8UB 05939102 2017-12-31 415,560,000 9,788,000
SHELL INTERNATIONAL TRADING AND SHIPPING COMPANY LIMITED SHELL CENTRE, LONDON, ENGLAND, SE1 7NA 00525037 2017-12-31 414,007,306 -1,232,504 50200-Sea and coastal freight water transport
66120-Security and commodity contracts dealing activities
J.R. RIX & SONS LIMITED 2 HUMBER QUAYS, WELLINGTON STREET WEST, HULL, ENGLAND, HU1 2BN 00577587 2017-12-31 407,143,756 4,749,567 46719-Wholesale of other fuels and related products
70100-Activities of head offices
FLOGAS BRITAIN LIMITED 81 RAYNS WAY, SYSTON, LEICESTER, LEICESTERSHIRE, LE7 1PF 00993638 2018-03-31 213,364,000 10,189,000
DCC ENERGY LTD AIRPORT ROAD WEST, SYDENHAM, BELFAST, BT3 9ED NI010293 2018-03-31 169,674,000 3,961,000
BUSINESS OIL PLATFORM LIMITED THE NEWS BUILDING, 3 LONDON BRIDGE STREET, LONDON, UNITED KINGDOM, SE1 9SG 06956515 2017-12-31 118,897,765 0 46719-Wholesale of other fuels and related products
50200-Sea and coastal freight water transport
50400-Inland freight water transport
PREMIER OIL E&P UK ENERGY TRADING LIMITED TENEO FINANCIAL ADVISORY LIMITED THE COLMORE BUILDING, COLMORE CIRCUS QUEENSWAY, BIRMINGHAM, B4 6AT 04103928 2017-12-31 93,423,000 7,237,000
COURSE HILL FUEL DEPOT LIMITED COURSE HILL FUEL DEPOT, UPPER CARNE ROAD,TEMPLETON, NARBERTH, SA67 8SR 03676766 2018-03-31 14,954,028 0 46719-Wholesale of other fuels and related products
COSMO OIL (U.K.) LIMITED 7 OLD PARK LANE, LONDON, W1K 1QR 02629062 2018-12-31 649,000 62,000
UK COMMERCE & TRADING LTD. 99 WEST TOWN LANE, BRISTOL, BS4 5DZ 05415446 2018-04-30 0 0 64999-Financial intermediation not elsewhere classified
68100-Buying and selling of own real estate
KUWAIT PETROLEUM (U.K. HOLDINGS) LIMITED DUKES COURT, DUKE STREET, WOKING, SURREY, GU21 5BH 02063581 0000-00-00 0 0

LIQUIDATION RISK (BETA)



This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:
Basis Liquidation within 3 months Liquidation within 6 months Liquidation within 12 months Prediction confidence
ISLE OF WIGHT FUELS LIMITED 0.7% 3.6% 7.1% Medium
Other companies Active in the same sector Too few competitors
Age 0.4% 1.7% 3.3% Medium
Company Type 0.7% 3.7% 7.4% Medium
Accounts category 0.4% 1.3% 3.0% Medium
Accounting Month 0.6% 2.4% 5.5% Medium
Sic code count 0.7% 3.5% 7.0% Medium
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