STANDARD FUEL TERMINAL LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2024-12-31
Confirmation statement due
2026-08-19 (in 3mo)
Last made up 2025-08-05
Watchouts
Cash
£24K
-7.1% vs 2023
Net assets
-£6M
-7.8% vs 2023
Employees
8
+14.3% vs 2023
Profit before tax
-£462K
+92% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
As a result of this expected change in ownership and uncertainty over future operations of the company, there is a material uncertainty that may cast significant doubt upon the company's ability to continue as a going concern and therefore whether the company will realise its assets and settle its liabilities in the ordinary course of business at the amounts recorded in the financial statements.
-
5 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Name history
Renamed 4 times since incorporation — the current trading name was adopted 2025-10-23
- STANDARD FUEL TERMINAL LIMITED 2025-10-23 → present
- PETROINEOS FUELS ASSETS LIMITED 2012-09-18 → 2025-10-23
- INEOS FUELS ASSETS LIMITED 2011-03-03 → 2012-09-18
- INEOS ENTERPRISES MANUFACTURING LIMITED 2010-10-29 → 2011-03-03
- ANDSTRAT (NO.313) LIMITED 2009-08-05 → 2010-10-29
Net assets
2-year trend · vs Energy median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £1,852,632 | £1,932,740 | |
| Operating profit | -£5,264,309 | £92,035 | |
| Profit before tax | -£5,773,234 | -£462,148 | |
| Net profit | -£5,309,238 | -£461,077 | |
| Cash | £25,845 | £24,008 | |
| Total assets less current liabilities | — | — | |
| Net assets | -£5,891,243 | -£6,352,320 | |
| Equity | -£5,891,243 | -£6,352,320 | |
| Average employees | 7 | 8 | |
| Wages | £353,311 | £354,009 |
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 | -284.2% | 4.8% | |
| Net margin | -286.6% | -23.9% | |
| Current ratio | 0.03x | 0.05x | |
| Interest cover | -10.34x | 0.17x |
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 101
- Reporting scope
- Standalone (parent only)
- Auditor
- BDO LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“As a result of this expected change in ownership and uncertainty over future operations of the company, there is a material uncertainty that may cast significant doubt upon the company's ability to continue as a going concern and therefore whether the company will realise its assets and settle its liabilities in the ordinary course of business at the amounts recorded in the financial statements.”
Significant events
- “In September 2024, Petroineos Manufacturing Scotland Limited announced a formal plan to cease refining operations at the Grangemouth refinery by June 2025. This resulted in rationalisation of terminal activities, including Dalston terminal. Operating activities were subsequently ceased at the Dalston site.”
- “In January 2025 the directors agreed in principle to sell 100% of the ordinary share capital and subsequently signed a share purchase agreement with the buyer on the 1st August 2025 and is expected to complete the transfer of control by the end of October 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 22 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| GOODWIN, Michael David | Director | 2025-10-20 | Aug 1980 | British |
| GOODWIN, Nicholas James | Director | 2025-10-20 | Aug 1983 | British |
Show 22 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BENNETT, Stephen | Secretary | 2012-01-01 | 2013-06-28 |
| DEVOTTA-HILL, Diane | Secretary | 2013-06-28 | 2015-05-08 |
| STOKES, Martin Howard | Secretary | 2010-10-28 | 2012-01-01 |
| AS COMPANY SERVICES LIMITED | Corporate Secretary | 2009-08-05 | 2010-10-28 |
| TRICOR CORPORATE SECRETARIES LIMITED | Corporate Secretary | 2015-07-10 | 2025-08-29 |
| VISTRA COSEC LIMITED | Corporate Secretary | 2025-08-29 | 2025-10-20 |
| BENNETT, Stephen Guy | Director | 2011-02-28 | 2011-07-01 |
| BRAIN, Daniel John | Director | 2017-07-01 | 2021-08-02 |
| BROWN, Simon Thomas David | Director | 2009-08-05 | 2010-10-28 |
| CHWU, James Kai-Ming | Director | 2015-07-28 | 2017-07-13 |
| DEMAY, Franck Francois | Director | 2011-02-28 | 2011-07-01 |
| FARQUHAR, Bruce | Director | 2009-08-05 | 2010-10-28 |
| GARDNER, Andrew Ronald | Director | 2011-07-01 | 2015-09-21 |
| HAYWOOD, Gary Robert | Director | 2011-02-28 | 2011-07-01 |
| HUGHES, Andrew Thomas | Director | 2010-10-28 | 2011-02-28 |
| LAKER, Simon Barrie | Director | 2011-07-01 | 2013-03-11 |
| LEASK, Graeme | Director | 2011-02-28 | 2011-07-01 |
| MANN, Russell Edward | Director | 2017-07-01 | 2025-06-20 |
| PYTHON, Frederic Andre | Director | 2025-06-20 | 2025-10-20 |
| STEWART, Gregor Burton | Director | 2010-10-28 | 2011-02-28 |
| TRAYNOR, Anthony | Director | 2013-03-11 | 2015-01-15 |
| WILSON, David Lloyd | Director | 2022-08-22 | 2025-10-20 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Standard Group Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2025-10-20 | Active |
| Mr James Arthur Ratcliffe | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2025-10-20 |
Filing timeline
Last 20 of 100 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-10-29 MA Memorandum articles
- 2025-10-29 RESOLUTIONS Resolution
- 2025-10-23 CERTNM Certificate change of name company PDF
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-21 | AUD | auditors | Auditors resignation company | |
| 2026-02-25 | AA01 | accounts | Change account reference date company current extended | |
| 2025-10-29 | MA | incorporation | Memorandum articles | |
| 2025-10-29 | RESOLUTIONS | resolution | Resolution | |
| 2025-10-23 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-10-23 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-10-23 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-10-23 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-23 | AP01 | officers | Appoint person director company with name date | |
| 2025-10-23 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-23 | AP01 | officers | Appoint person director company with name date | |
| 2025-10-23 | CERTNM | change-of-name | Certificate change of name company | |
| 2025-10-21 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-10-15 | AA | accounts | Accounts with accounts type full | |
| 2025-09-09 | AP04 | officers | Appoint corporate secretary company with name date | |
| 2025-09-09 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-08-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-27 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-25 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-03 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 20
- Capital events
- 0
- Officers appointed
- 2
- Officers resigned
- 5
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
+4.3%
£1,852,632 £1,932,740
-
Cash
-7.1%
£25,845 £24,008
-
Net assets
-7.8%
-£5,891,243 -£6,352,320
-
Employees
+14.3%
7 8
-
Operating profit
+101.7%
-£5,264,309 £92,035
-
Profit before tax
+92%
-£5,773,234 -£462,148
-
Wages
+0.2%
£353,311 £354,009
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