Motive Fuels Limited

Motive Fuels Limited, based in Oxford, UK, is a small holding company with an active status, founded four years ago. The company employs 27 people and holds £1,637,487 in assets, operating from a virtual address shared by 35 other companies. It's led by three directors and has one owner, and regularly imports machinery, boilers, and mechanical appliances—parts, with the last import operation occurring four months ago.

The company's website highlights its focus on delivering hydrogen projects to drive net zero emissions. Hygen, as it’s known, positions itself as a leading developer, producer, and asset owner of low-carbon hydrogen production facilities in the UK and Europe, targeting sectors like mobility, construction, and industry. It offers bespoke solutions and boasts a network of hydrogen projects across the UK and Europe, with recent news updates covering gender diversity in engineering, a strategic partnership for industry growth, and planning approval for a Bradford hydrogen production facility.

Financially, Motive Fuels Limited's picture is mixed. While current assets dropped significantly by 59% to £1,600,000, fixed assets increased by 120% to £3,000,000. Cash reserves fell sharply by 45% to £1,300,000, and net losses deepened considerably. Creditors also increased significantly, suggesting potential cash flow issues. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the decline in equity and cash reserves warrants attention. The absence of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

Registered in England/Wales under the registration number 13290733, with a registered address at OX1 2RP, England, Oxford, North Bailey House, 12 New Inn Hall Street.

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