Vil Fuels Ltd

Vil Fuels Ltd, based in Maidstone, UK, is a small, active company founded 16 years ago in 2009. With £92,173 in assets and a real registered address, it’s a solo-founded operation run by two directors and a single owner. The business operates as an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances—parts, with its last import activity recorded way back in May 2022. The company’s website advertises itself as a fuel, oils, and lubricants supplier, delivering nationwide. It offers road diesel, GTL, HVO, and other oils, with a focus on competitive pricing and 24/7 emergency delivery.

The website highlights a commitment to fast service and a wide range of fuels and lubricants. It caters to both commercial and industrial customers, offering bulk discounts and up-to-date tracking. It’s a family-run business with over ten years of experience, working with dedicated partners to ensure nationwide delivery. The site also emphasizes its high customer satisfaction and daily price updates.

Financially, Vil Fuels Ltd shows a concerning trend. Current assets plummeted 70% to £92,000, while net assets also dropped 10% to £270,000. Cash reserves took a significant hit, falling 38% to £79,000. Bank borrowings have vanished completely, which could be a positive or negative sign depending on the circumstances. Creditors decreased by 87%, which is good, but the sharp decline in assets is a worry. 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 nimble, but the drop in assets and cash is something to keep an eye on. No auditor is mentioned, likely due to its small size, so the figures rely on unaudited statements.

It seems that Vil Fuels Ltd is facing some financial pressure, despite its focus on customer service and competitive pricing. The business’s irregular import activity and reliance on dedicated partners could be contributing factors.

Registered in England/Wales under the registration number 06904677, with a registered address at ME15 7QX, Maidstone, Kent, 165 York Road.

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