GEORGE J. GOFF, LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

MA Partners Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group's or the parent Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. GEORGE J. GOFF, LIMITED · parent
   1. C.P.S. Fuels Limited 100% · Fuel distribution
   2. Goff Petroleum Limited 100% · Dormant
   3. Foxburrow Farm Limited 100% · Farming
   4. Greengauge Fuels Limited 100% · Dormant
   5. Spot Holdings Limited 100% · Property maintenance
   6. Classic Wings and Wheels Limited 100% · Dormant
   7. R Stiff & Sons Limited 100% · Fuel distribution
   8. Buckden Land Limited 100% · Dormant
   9. Anglia Heating Solutions Limited 100% · Boiler servicing
   10. Stowmarket Fuels Limited 100% · Dormant

Significant events

• “Russia's invasion of Ukraine in. February 2022 precipitated a demand and price spike which resulted in significantly higher than normal profits in that financial year. Since then, there have been two successive mild winters and no major world events, meaning demand and prices have not generated the anticipated profits.”
• “Whilst plans to restructure group debt are well advanced at the date of signing the Directors' report, it has been necessary to classify £10.675 million of term loan on the balance sheet as falling due within one year. However, the reality is that loan repayments have remained the same whilst the Directors work to finalise the debt restructure. This is due to be completed by the end of 2025 and will result in reduced debt and lower interest costs.”
• “The Group incurred exceptional costs relating to the restructuring of the business. The exceptional items have been recognised in administration expenditure.”
• “As referred to in Note 22, subsequent to the balance sheet date, on 22 January 2025, the bank loan of £10,675,000 was renewed until 1 December 2025.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

5

last 12 months

Capital events

1

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -5.8%

  £143,613,028 → £135,229,232

• Cash

  -93.7%

  £757,569 → £47,608

• Net assets

  -12.8%

  £25,866,305 → £22,567,880

• Employees

  -10.2%

  196 → 176

• Operating profit

  +48.2%

  £1,871,300 → £2,772,661

• Profit before tax

  +301.7%

  £147,048 → £590,677

• Wages

  -2%

  £7,998,296 → £7,839,274

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers