Highland Fuels Limited

Highland Fuels Limited is a holding company based in Aberdeen, UK, founded 67 years ago in 1957. The company, which currently employs 235 people, holds assets worth £52,225,329. Despite having a registered address in Aberdeen, the address is probably virtual as 144 companies are registered at the same address. The business is active, overseen by seven directors and one owner, and regularly imports electrical machinery and equipment, with the latest import operation made on December 01, 2023.

The company operates in the wholesale of other fuels and related products industries, and is a growing, forward-thinking supplier of energy for homes, businesses, and vehicles. Highland Fuels offers a range of services, including home heating oil delivery, commercial fuel solutions, and fuel cards for various sectors like marine, construction, and haulage. It even has a dedicated section for AdBlue, a diesel exhaust fluid, to help protect the environment. The company’s website features a portal for login and quote requests, showcasing its commitment to customer service.

Financially, Highland Fuels Limited shows some concerning trends. Accrued liabilities decreased by 15%, while accumulated amortisation impairment intangible assets increased by 12%. Cash and cash equivalents dropped significantly by 61%, and net assets fell by 12% to £31 million. While interest income increased by a substantial 400%, bank borrowings also surged. Despite these challenges, the company’s turnover remained relatively stable, suggesting ongoing demand for its fuel products. The company's auditors are Saffery LLP.

The company’s subsidiary businesses include Scorpia Energy Supply Ltd, Thames Petroleum (Scotland) Limited, and Scm Property Holdings Limited. The company’s small size helps it stay agile, but the sharp equity drop raises questions.

Registered in Scotland under the registration number SC032343, with a registered address at AB10 1DQ, Scotland, Aberdeen, 2 Marischal Square, Broad Street.

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