NEW ERA OIL (HOLDINGS) LIMITED

1. NEW ERA OIL (HOLDINGS) LIMITED 2012-10-19 → present
2. NEW ERA OIL (FUELS) LIMITED 2010-09-16 → 2012-10-19

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

Standalone (parent only)

Auditor

TC Group

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company has no significant liabilities and is able to generate cash inflows, if required, in the form of dividends from its trading subsidiary. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”

Group structure

1. NEW ERA OIL (HOLDINGS) LIMITED · parent
   1. New Era Oil (UK) Limited 100% · UK
   2. Commercial Fuel Solutions Limited 100% · UK
   3. New Era Fuel Limited 100% · UK

Significant events

• “The company is party to an agreement under which it has provided a guarantee for group bank borrowings. The bank borrowings of other group entities covered by the guarantee totalled £12.4m at the year end. The bankers have taken security in the form of fixed and floating charges over the assets of the company.”
• “The company is an intermediate parent company in the group that ultimately controls the group's trading subsidiaries, New Era Fuels Limited and Commercial Fuel Solutions Limited.”
• “The company reported a profit for the year of £nil (2024: £nil). No dividends were paid by its subsidiaries during the year.”

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

  —

  Not reported

• Cash

  +49.2%

  £2,027 → £3,024

• Net assets

  0%

  £224 → £224

• Employees

  —

  Not reported

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