Zero Petroleum Limited

Zero Petroleum Limited, based in London, UK, is a small, active company founded six years ago in 2019. Employing ten people and holding £4,124,432 in assets, it operates from a virtual address – twelve companies registered at the same location – and is led by five directors, with Lowe Patrick Allen as the sole owner. The company irregularly imports optical and medical tools and devices, with the last import operation occurring in July 01, 2024.

Zero Petroleum's primary focus is the development and production of carbon-neutral synthetic fuels. Its website highlights a vision of "Zero" – a future powered by fossil-free fuel. The company actively promotes its technology through partnerships with Formula 1 teams like Stake F1 Team Kick Sauber, showcasing its fuel in racing events and even powering a Red Arrow ice sculpture at the Farnborough Airshow. It has also achieved a Guinness World Record for powering an aircraft with synthetic fuel and is working towards licensing its technology to generate clean burning fuel wherever it’s needed. The website also features career opportunities and a frequently asked questions section detailing the company’s technology and its benefits.

Financially, Zero Petroleum Limited presents a mixed picture. While net assets increased by 120% to £6,300,000, cash reserves fell 45% to £1,700,000. Bank borrowings increased significantly by 250% to £940,000, and trade debtors decreased by 100% to zero. The company’s small size – meeting two of three criteria for a small company (turnover under £10.2m, assets under £5.1m, fewer than 50 employees) – allows for agility, but the increased debt suggests it’s burning through cash to fund its ambitious goals. The lack of an auditor mentioned likely means the accounts are unaudited, relying on director-reported data.

The company’s focus on synthetic fuels, while innovative, appears to be capital-intensive. The increase in debt alongside the decrease in cash reserves suggests it’s actively seeking investment or licensing deals to sustain its operations and scale up production. The company’s partnerships with high-profile brands like Formula 1 teams, however, could provide a valuable boost to its visibility and attract further investment.

Registered in England/Wales under the registration number 11911847, with a registered address at SW3 6RD, United Kingdom, London, Michelin House, 81 Fulham Road.

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