Crown Oil Limited

Crown Oil Ltd, based in Heap Bridge, UK, is a sizable, active company founded 47 years ago in 1977. With a substantial £98,547,304 in assets and 212 employees, it operates as a holding company, importing mineral fuels, oils, and related products regularly (54 months) and exporting them irregularly (1 month). The company boasts a Google rating of 4.0 from 93 reviews and is managed by seven directors, with one owner reported.

The company's core business revolves around supplying fuels and lubricants, catering to a wide range of industries. Their website highlights a commitment to sustainability, offering HVO fuel and carbon offset solutions alongside traditional fuels. They also provide a variety of services, including emergency fuel deliveries, fuel polishing, and tank telemetry. The company's history dates back to 1928, when Harry Greensmith began selling lamp oil door-to-door, evolving into the large-scale operation it is today.

Financially, Crown Oil Ltd shows a mixed picture. While current assets remain high, there’s been a decrease in cash bank on hand by 34%, dropping to £11 million. Trade debtors have significantly increased by 60%, reaching £31 million, which could indicate challenges in collecting payments. However, creditors have decreased by 20%, suggesting improved debt management. The company’s large size (meeting two of three criteria for a large company) and substantial assets reflect its established position in the market. The company's auditor is Azets Audit Services.

Despite the fluctuating financials, Crown Oil Ltd’s focus on sustainable fuels and customer service positions it well for future growth. The company’s long history and family ownership, combined with its commitment to innovation, suggest a resilient and adaptable business.

Registered in England/Wales under the registration number 01315556, with a registered address at BL9 7HY, Heap Bridge, Bury, Lancs, The Oil Centre, Bury New Road.

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