Pure Biofuel Ltd.

Pure Biofuel Ltd from London UK: a small, active company founded nine years ago, is facing some challenges. With five employees and £247,626 in assets, it operates from a virtual address – registered at an address shared by 154 other companies – and is led by two directors and two owners. The company runs an e-commerce site and regularly imports wood and wood products, with its last import activity recorded 21 months ago.

The company's core business revolves around wholesale of other fuels and related products, specifically wood pellets. Its website showcases a focus on premium quality wood pellets for various uses, including retail packaging and bulk supply for biomass fuel companies. It also supplies animal bedding, cat litter, and wood fuel, and delivers throughout the UK and into several European countries. The company emphasizes sustainable sourcing, utilizing wood waste from sawmills to produce pellets, and boasts certifications like ENplus A1, FSC, and PEFC.

However, the financial picture is concerning. Net assets have plummeted by a staggering 270%, dropping to -£190,000, and cash reserves have shrunk by 54%, leaving just £160,000. Average employee numbers have also fallen by 40%, down to just three people. While trade debtors have decreased, suggesting better management of customer payments, bank borrowings have remained stable. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the significant equity decline warrants closer scrutiny. As a small company, it is exempt from an audit, and the figures are unaudited.

Registered in England/Wales under the registration number 10008735, with a registered address at EC4M 7JN, United Kingdom, London, Office 7 35-37 Ludgate Hill.

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