Standard Fuel Oils Limited

Standard Fuel Oils Ltd, based in Liverpool, UK, is a sizable company operating as a holding company with an active status. Established fourteen years ago in March 2011, it employs forty-two people and boasts significant assets of £55,503,151. The company generated a yearly revenue of £229,888,001, demonstrating a substantial operation. With six directors and a single owner, and a real address, the company is well-established. It is an irregular importer, specializing in machinery, boilers, and mechanical appliances, with parts imported for a single month, the last operation occurring in May 2022.

The company’s website highlights a focus on fuel supply across various sectors, including commercial, agricultural, marine, and domestic. They emphasize next-day delivery, fuel telemetry monitoring, and a wide range of products from lubricants to heating oils. Notably, Standard Fuel Oils is promoting Renewable Diesel (HVO) as a greener alternative, reducing greenhouse emissions by as much as 90%. The site also showcases a national depot network, ensuring nationwide fuel supply.

Financially, Standard Fuel Oils Ltd presents a mixed picture. While turnover remained stable, net assets decreased by 19%, falling to £38 million. Cash reserves also declined by 2.6%, settling at £32 million. Bank borrowings increased by a significant 200%, reaching £600,000, and creditors rose by 6.9% to £19 million. The company’s size (meeting two of three criteria for a large company: turnover over £36 million, assets over £18 million, and over 250 employees) suggests a robust operation, but the increase in borrowing and decrease in cash warrants attention. The lack of an auditor mentioned suggests the company is exempt, relying on unaudited financial statements.

The company’s focus on renewable fuels and efficient delivery services indicates a strategic response to evolving market demands. Whether this will translate into improved financial performance remains to be seen, but Standard Fuel Oils Ltd appears to be adapting to the changing landscape of the fuel industry.

Registered in England/Wales under the registration number 07555993, with a registered address at L33 7XS, England, Liverpool, Carlton House Gores Road, Knowsley Industrial Park.

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