Fueltek Limited

Fueltek Ltd, based in Blackburn, UK, is a small holding company with an active status, celebrating 24 years in business. Employing 28 people and holding £4,097,883 in assets, it operates from a real address and is overseen by two directors and three owners, boasting a solid Google rating of 4.0 from six reviews. The company regularly imports electrical machinery and equipment (for four months, latest in December 2022) and exports optical and medical tools and devices (for fifteen months, latest in January 2025).

Fueltek specializes in the manufacture of other special-purpose machinery and offers comprehensive fuel management solutions. Their website highlights a focus on fuel monitoring, diesel pumps, storage tanks, and software, catering to commercial vehicle refuelling needs. They provide systems for businesses to save on costs, improve efficiency, and ensure secure operations. The company emphasizes cutting-edge technology and high-quality manufacturing, with a focus on modern solutions like AdBlue pumps and web-based fuel management platforms.

Financially, Fueltek’s report reveals some interesting trends. While cash reserves increased by 23% to £2,700,000, trade debtors have decreased significantly by 30% to £580,000, suggesting possible difficulties in collecting payments. Bank borrowings have also increased by 51%, reaching £160,000, and creditors have decreased by 29%, which is a positive sign. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the rise in borrowings could indicate increased operational expenses. The company’s net assets grew by 8% to £3,600,000. With no auditor mentioned, the figures rely on unaudited statements.

The increase in employees (31 reported, up from 28) suggests expansion, but the rise in borrowings and the decrease in trade debtors warrants close monitoring. Overall, Fueltek appears to be a stable, albeit growing, business, navigating the challenges of a competitive market.

Registered in England/Wales under the registration number 04154972, with a registered address at BB1 2JT, Blackburn, Lancashire, Lang Court Nuttalls Way, Shadsworth Business Park.

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