BEESLEY FUELS LTD

1. BEESLEY FUELS LTD 2018-07-05 → present
2. CROWN OIL UK LTD 1997-09-30 → 2018-07-05

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

Azets Audit Services

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 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.”

Significant events

• “The Directors are pleased with the results for the year, this has been a strong year and is in line with the targets set by the board at the beginning of the year. All the areas targeted for growth by the board have been successfully achieved.”
• “The Crown group was officially certified as Carbon Neutral in April 22 and are committed to the target of Net Zero Carbon by 2030. Beesley has delivered carbon cutting solutions both internally to our offices and fleet, and externally to our customer base.”
• “The shift from traditional to green fuels within our existing customer portfolio has continued to move forward, with many customers being drawn to the benefits of using our HVO or buying one of our Carbon Offset fuels to reduce their carbon footprint.”
• “The company has continued in its long-term aim of strengthening both its infrastructure and staff resource throughout the year with further appointments being made in specific areas; This is a process that will continue in line with the organic growth of the company over the coming years.”
• “Beesley has continued investment into the supply and use of renewable and sustainable fuels to meet legislated changes, in particular Hydrotreated Vegetable Oil (HVO). The board sees the considerable environmental benefits from use, with a reduction of up to 90% greenhouse gas emissions and reducing the NOx, PM, and CO emissions.”

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

Filings

3

last 12 months

Capital events

0

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

  +6.6%

  £40,475,419 → £43,131,509

• Cash

  -64%

  £640,454 → £230,782

• Net assets

  +59.5%

  £3,775,146 → £6,021,287

  highest in 5 filed years

• Employees

  0%

  21 → 21

• Operating profit

  +46.3%

  £2,038,043 → £2,981,305

• Profit before tax

  +45.9%

  £2,053,779 → £2,996,122

  highest in 4 filed years

• Wages

  +33.8%

  £933,014 → £1,248,499

  highest in 4 filed years

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers