Leswidden Common Fuel Depot Limited

Leswidden Common Fuel Depot Ltd from Penzance UK: a small holding company with an active status, was founded 38 years ago in 1986. Employing 20 people, it operates from a real address and is overseen by three directors and one owner, boasting a respectable Google rating of 4.0 based on 16 reviews. The company regularly imports wood and wood products, with six months of import activity recorded, the last in October 2023.

The company’s website, Semmens Coal, Gas Oil Supplies, reveals a family-run business committed to great customer service and competitive heating oil prices. It delivers a wide range of fuels throughout Cornwall, including heating oil, agricultural diesel, LPG, and ready-to-burn logs. The website also offers a Smart Guard oil tank monitoring gauge and a club scheme for regular savings on heating oil prices. The site is well-stocked with products, from firelighters to ready-to-burn logs, and even offers a newsletter for the latest prices.

Financially, Leswidden Common Fuel Depot Ltd shows a mixed picture. Assets have decreased, with cash reserves plummeting 71% to £1.3 million. Bank borrowings have increased significantly, reaching £98,000, while trade debtors have ballooned by 1700% to £3.9 million. Creditors have decreased by 21%, suggesting better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp drop in cash reserves raises concerns. The company's average number of employees has also decreased by 35% to 13. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements. The company’s investment property has increased by a massive 80% to £770,000.

Registered in England/Wales under the registration number 02031709, with a registered address at TR19 7RU, Penzance, Cornwall, Leswidden Common Fuel Depot, Leswidden Common.

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