PORTLAND FUEL LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

• Turnover

  -12.9%

  £75,244,402 → £65,539,145

• Cash

  +26.5%

  £1,279,085 → £1,618,135

  highest in 4 filed years

• Net assets

  +20.8%

  £1,873,709 → £2,262,934

  highest in 4 filed years

• Employees

  -12%

  25 → 22

• Operating profit

  +8.5%

  £804,028 → £872,012

• Profit before tax

  +15.5%

  £638,340 → £737,273

• Wages

  +1.5%

  £728,571 → £739,610

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

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.

1. PORTLAND FUEL LIMITED 2018-02-08 → present
2. PORTLAND FUEL PRICE PROTECTION LIMITED 2009-09-16 → 2018-02-08

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Smailes Goldie

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 and 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. PORTLAND FUEL LIMITED · parent
   1. Noxdown Limited 100% · England · Chemical blending, manufacture, sale and distribution of AdBlue and other industrial urea solutions.
   2. Portland Fuel Trading Limited 100% · United Kingdom · Dormant

Significant events

• “On 2 September 2024, Portland Fuel Holdings Limited (PFHL) acquired 100% of the share capital of PFL along with its sister company and related undertaking The Fuel Trading Co Ltd (FTC) as part of a wider group restructuring exercise, forming the Portland Group.”

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

Filings

1

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.