HEATHROW AIRPORT FUEL COMPANY LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-07-19 (in 2mo)
Last made up 2025-07-05
Watchouts
Cash
£6M
+6.1% vs 2023
Net assets
£11M
+7.5% vs 2023
Employees
0
Average over period
Profit before tax
£4M
+10.5% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
3 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Name history
Renamed 1 time since incorporation
- HEATHROW AIRPORT FUEL COMPANY LIMITED 1996-07-10 → present
- SETCALL LIMITED 1996-04-23 → 1996-07-10
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £11,651,000 | £12,417,000 | |
| Operating profit | £3,828,000 | £4,066,000 | |
| Profit before tax | £3,643,000 | £4,025,000 | |
| Net profit | £3,040,000 | £3,028,000 | |
| Cash | £5,804,000 | £6,156,000 | |
| Total assets less current liabilities | £13,050,000 | £10,949,000 | |
| Net assets | £10,189,000 | £10,949,000 | |
| Equity | £10,189,000 | £10,949,000 | |
| Average employees | 0 | 0 | |
| Wages | — | — |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 32.9% | 32.7% | |
| Net margin | 26.1% | 24.4% | |
| Return on capital employed | 29.3% | 37.1% | |
| Gearing (liabilities / total assets) | 43.2% | 32.0% | |
| Current ratio | 1.75x | 1.91x | |
| Interest cover | 10.66x | 17.91x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Grant Thornton UK LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have reviewed the company's financial performance and position and have prepared forecasts based on historic trends and assumptions about future sales, cost levels and the timing of cashflows. Current forecasts have been prepared to December 2026 and show that the directors expect the company to have sufficient cash resources to realise its assets and discharge its liabilities in the normal course of business for the foreseeable future and as a minimum for a period of at least 12 months from the date of approval of the financial statements. As at 31 December 2024, the entity had cash resources of £6.2m. Based on this cash position and current forecasts, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus, they continue to adopt the going concern basis in preparing the financial statements.”
Significant events
- “To date, the conflict in Ukraine has not posed any significant security, supply or operational continuity risks to the business, however the directors continue to monitor the situation closely.”
- “To date, the conflict in the Middle East has not posed any significant risk to the business, however the directors continue to monitor the situation closely.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
10 active · 68 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SHELL CORPORATE SECRETARY LIMITED | Corporate Secretary | 2000-05-22 | — | — |
| ALBERTS, Anna Helena Margien | Director | 2025-07-26 | Apr 1988 | Dutch |
| CHAU, Garr, Dr | Director | 2023-12-01 | Jan 1980 | British |
| ELNAGGAR, Ahmed | Director | 2023-02-20 | May 1994 | Egyptian |
| GREGSON, Robert James Errol, Mr. | Director | 2025-11-01 | Dec 1965 | British |
| HARRIS, Nicola | Director | 2024-10-01 | Mar 1976 | British |
| HAYWARD, Mark Stephen | Director | 2017-10-20 | Oct 1979 | British |
| STEWART, Deborah | Director | 2023-11-03 | Oct 1971 | British |
| STRIDE, James | Director | 2023-07-21 | Apr 1978 | British |
| WORKMAN, Mark James | Director | 2023-09-01 | Nov 1975 | British |
Show 68 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BUCHAN, Charles James | Secretary | 1998-11-30 | 2000-05-22 |
| WATSON, Deirdre Mary Alison | Secretary | 1996-05-30 | 1998-11-30 |
| LONDON LAW SECRETARIAL LIMITED | Corporate Nominee Secretary | 1996-04-23 | 1996-05-30 |
| ALLEN, Christopher Mark | Director | 2022-01-01 | 2023-02-20 |
| ASTON, Christopher David | Director | 2007-07-01 | 2009-12-01 |
| BRIGGS, Michael Dominic | Director | 2019-01-01 | 2021-03-01 |
| BUXTON, John Peter | Director | 2012-12-06 | 2014-08-19 |
| BUXTON, John Peter | Director | 2010-04-01 | 2012-12-05 |
| CHRISTOPOULOS, Michael Jason | Director | 2020-12-07 | 2022-01-01 |
| CHUBB, Andrew Steven | Director | 2005-07-01 | 2007-03-01 |
| COLLINS, Timothy | Director | 2002-01-07 | 2007-07-01 |
| COOPER, John Hardy | Director | 2001-01-19 | 2001-02-01 |
| CROWE, Richard Alan | Director | 2001-01-19 | 2012-01-31 |
| DANIELS, Jonathan Marc | Director | 2010-08-01 | 2012-05-03 |
| DAVIES, Toby Benjamin | Director | 2020-09-22 | 2023-07-21 |
| DAVIES, Toby Benjamin | Director | 2011-11-09 | 2018-12-17 |
| DUBENSKI, Paul Jerzy | Director | 2011-12-15 | 2012-04-01 |
| DUBENSKI, Paul Jerzy | Director | 2008-11-06 | 2009-05-14 |
| DUBENSKI, Paul Jerzy | Director | 2001-02-01 | 2008-11-06 |
| EASTON, Alan Murray | Director | 2014-01-01 | 2019-01-04 |
| FAGE, Simon Jeremy | Director | 2001-01-19 | 2004-09-03 |
| FINCH, Robert William | Director | 2004-09-03 | 2006-04-07 |
| GERMAN, Michael Edward | Director | 2003-01-01 | 2005-02-16 |
| GINSBURGER, Agnes | Director | 2021-11-30 | 2025-11-01 |
| GUY, Victoria Jane | Director | 2016-10-26 | 2025-07-26 |
| HAMMOND, Jonathan Guy | Director | 2001-01-19 | 2003-02-28 |
| HARRIS, Nicola | Director | 2024-07-15 | 2024-08-04 |
| HARRISON, Ian Courtenay, Dr | Director | 2007-03-01 | 2008-11-06 |
| HAUFF, David Mark | Director | 2007-03-01 | 2009-06-01 |
| HENDERSON, Mary Marshall | Director | 2012-12-06 | 2019-02-28 |
| HESLOP, Stanley William | Director | 2001-01-19 | 2003-03-10 |
| HOGAN, Francis Christopher | Director | 2001-01-19 | 2013-08-01 |
| HONE, Rupert Leland Agnar, Mr. | Director | 2018-12-17 | 2020-09-21 |
| HOWLEY, Patrick | Director | 2021-09-06 | 2023-12-01 |
| HUCK, Philippe Christian, Director | Director | 2021-03-01 | 2021-11-30 |
| IBRAHIM, Amir Saadeddin | Director | 2009-05-14 | 2012-04-01 |
| ISHOLA, Oluyemisi Funmilola | Director | 2025-02-04 | 2025-02-05 |
| JONES, Richard Aled | Director | 2009-11-18 | 2014-01-01 |
| JONES, Richard Aled | Director | 2009-06-01 | 2009-11-18 |
| JORDAN, Peter Frank | Director | 2001-01-19 | 2002-07-01 |
| KIRK, Michael John | Director | 2003-11-15 | 2010-02-22 |
| KIRK, Michael John | Director | 2001-01-19 | 2003-03-10 |
| MCMILLAN, John | Director | 2005-02-16 | 2016-10-26 |
| MCMILLAN, John | Director | 2001-01-19 | 2003-01-01 |
| MCMILLAN, John | Director | 1996-05-30 | 2001-01-19 |
| MITTELMAN, Stanislas | Director | 2006-02-07 | 2007-03-01 |
| NEWTON, Stephen Jonathan | Director | 2014-08-20 | 2019-07-11 |
| O'KELLY, Michael Kevin | Director | 2003-03-10 | 2005-05-01 |
| PULLINGER, David William, Dr | Director | 2005-05-01 | 2010-05-13 |
| SCANLAN, Richard John | Director | 2001-01-19 | 2005-07-01 |
| SIMMONS, Toby Daniel Ainslie | Director | 2006-01-01 | 2010-03-31 |
| SPURLING, Simon | Director | 1996-05-30 | 2006-04-30 |
| SQUITIERI, Riccardo | Director | 2019-07-11 | 2026-04-07 |
| SQUITIERI, Riccardo | Director | 2019-02-28 | 2019-06-13 |
| STACEY, Calum James | Director | 2019-01-04 | 2021-09-06 |
| STIQUEL, Philippe | Director | 2003-02-28 | 2006-02-07 |
| STOKES, Darran Bradley | Director | 2012-05-03 | 2015-11-19 |
| STOREY, Duncan Alastair | Director | 2012-02-01 | 2012-12-05 |
| TAYLOR, Andrew Charles Francis | Director | 2013-10-01 | 2020-12-07 |
| VOWELL, Paul William | Director | 2015-11-19 | 2019-01-01 |
| WARD, Colin John | Director | 2001-01-19 | 2002-01-07 |
| WATKINS, Neil Richard | Director | 2013-08-01 | 2017-10-20 |
| WELCH, Mark Bradley | Director | 2002-07-01 | 2006-01-03 |
| WELLS, Andrew David | Director | 2003-03-10 | 2003-11-15 |
| WESLEY, Richard | Director | 2006-11-01 | 2009-11-18 |
| WESTERMAN, Paul | Director | 2012-04-01 | 2013-10-01 |
| ZAIN, Sarmad | Director | 2019-06-13 | 2023-09-01 |
| LONDON LAW SERVICES LIMITED | Corporate Nominee Director | 1996-04-23 | 1996-05-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Kuwait Petroleum International Aviation Company (Uk) Limited | Corporate entity | Appoints directors | 2016-06-28 | Ceased 2022-11-30 |
| Bp International Limited | Corporate entity | Appoints directors | 2016-04-06 | Ceased 2022-11-30 |
| Valero Energy Limited | Corporate entity | Appoints directors | 2016-04-06 | Ceased 2022-11-30 |
| Shell U.K. Limited | Corporate entity | Appoints directors | 2016-04-06 | Ceased 2022-11-30 |
| Esso Petroleum Company Limited | Corporate entity | Appoints directors | 2016-04-06 | Ceased 2022-11-30 |
| Total Uk Limited | Corporate entity | Appoints directors | 2016-04-06 | Ceased 2022-11-30 |
Filing timeline
Last 20 of 264 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-08 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-27 | AP01 | officers | Appoint person director company with name date | |
| 2025-11-24 | TM01 | officers | Termination director company with name termination date | |
| 2025-11-17 | TM01 | officers | Termination director company with name termination date | |
| 2025-11-17 | AP01 | officers | Appoint person director company with name date | |
| 2025-10-09 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-10-09 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-07-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-14 | AA | accounts | Accounts with accounts type full | |
| 2025-02-17 | TM01 | officers | Termination director company with name termination date | |
| 2025-02-17 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-10 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-24 | TM01 | officers | Termination director company with name termination date | |
| 2024-08-13 | AA | accounts | Accounts with accounts type full | |
| 2024-08-07 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-05-14 | AP01 | officers | Appoint person director company with name date | |
| 2023-12-05 | AP01 | officers | Appoint person director company with name date | |
| 2023-12-01 | TM01 | officers | Termination director company with name termination date | |
| 2023-09-11 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 9
- Capital events
- 0
- Officers appointed
- 2
- Officers resigned
- 3
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+6.6%
£11,651,000 £12,417,000
-
Cash
+6.1%
£5,804,000 £6,156,000
-
Net assets
+7.5%
£10,189,000 £10,949,000
-
Employees
—
Not reported
-
Operating profit
+6.2%
£3,828,000 £4,066,000
-
Profit before tax
+10.5%
£3,643,000 £4,025,000
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