SPEEDY FUELS LIMITED

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

  -6.9%

  £133,285,280 → £124,069,335

• Cash

  -54.3%

  £3,960,864 → £1,810,555

• Net assets

  +76.7%

  £2,501,716 → £4,421,239

  highest in 5 filed years

• Employees

  +2.9%

  69 → 71

  highest in 5 filed years

• Operating profit

  +4.8%

  £4,117,947 → £4,313,668

• Profit before tax

  +21.2%

  £2,571,631 → £3,116,374

  highest in 4 filed years

• Wages

  +15.1%

  £3,957,626 → £4,555,722

  highest in 4 filed years

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

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 Crown group was officially certified as Carbon Neutral in April 22 and are committed to the target of Net Zero Carbon by 2030.”
• “Speedy 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.”
• “Speedy have continued to run the tanker fleet on HVO resulting in a reduction of circa 80-90% of our carbon footprint. We have now moved on to the fifth year of a budgeted program of works, that will help us work towards the goal of becoming Net-Zero Carbon by 2030.”

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.