Bedford Fuels Ltd

Bedford Fuels Ltd from Bedford UK is a small, active company founded four years ago. It employs ten people and holds £1,707,300 in assets, boasting a solid 4.0 Google rating from twenty reviews. The company operates from a real address and is overseen by three directors and two owners. It’s an irregular importer, primarily dealing with electrical machinery and equipment, with its last import operation occurring in October 2024.

The company’s website highlights its role as a supplier of heating oil, kerosene, gas oil, and diesel, catering to both domestic and commercial customers across several counties. It offers instant quotes and online ordering, emphasizing reliable delivery and expert customer service. The website also lists a wide range of popular delivery locations, indicating a well-established local presence. It also offers services such as emergency deliveries, tank replacement, and boiler servicing.

Financially, Bedford Fuels Ltd shows a mixed picture. Cash bank on hand increased by 3.8% to £520,000, while creditors rose significantly by 26% to £2,300,000. Current assets grew by 15% to £1,700,000, and trade debtors increased by 10% to £1,000,000. Equity, however, saw a dramatic increase of 180% to £220,000, suggesting improved profitability or retained earnings. Net assets liabilities also increased by 210% to £260,000. The company is classified as small, meeting two of three conditions: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, likely due to its small size and exemption from an audit.

The significant increase in creditors, while concerning, could reflect increased stock levels to meet demand. The substantial rise in equity, however, is a positive sign. The company’s irregular import activity suggests it may be navigating supply chain challenges or capitalizing on specific opportunities. Overall, Bedford Fuels Ltd appears to be a resilient small business, but it's important to monitor its debt levels and ensure its import strategy remains effective.

Registered in England/Wales under the registration number 12758601, with a registered address at MK43 0AW, England, Bedford, Wharley End Farm, Cranfield.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.