Fairlie Biofuels Limited

Fairlie Biofuels Ltd, based in Forfar, UK, is a small, holding company with an active status. Founded ten years ago in 2015, it employs just two people and holds £493,873 in assets. The company operates from a virtual address, registered to a location shared by forty-two other businesses, and is overseen by two directors and one owner. It's a regular importer, specializing in machinery, boilers, and mechanical appliances, with its last import activity recorded three months ago in June 2023.

The company’s website, Fairlie Woodfuels and The Northern Firewood Co, paints a picture of a family-run business focused on firewood production and delivery across Scotland and the UK. They offer a range of firewood products, operate a showroom in Harrods, and even provide piano restoration services—a surprising diversification from their core firewood business. Their online platform facilitates convenient ordering and personalized service, and they pride themselves on quality, customer service, and sustainable practices.

Financially, Fairlie Biofuels Ltd presents a mixed bag. While current assets increased by 11% to £490,000, net assets surged an impressive 190% to £140,000, reversing a previous loss. Bank borrowings decreased by 10% to £32,000, and creditors also fell by 14% to £1.9 million. Despite these positive trends, trade debtors decreased by 17%, suggesting potential issues with customer payments. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The absence of an auditor, likely due to small company exemption, means the figures are unaudited.

Overall, Fairlie Biofuels Ltd appears to be on a stable footing, benefiting from a diversified business model and improved financial performance. The company’s ability to manage its debts and capitalize on its niche markets will be key to its long-term success.

Registered in Scotland under the registration number SC501266, with a registered address at DD8 1BJ, United Kingdom, Forfar, Tayside, Westby, 64 West High Street.

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