FUELMII LTD
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Next accounts due
2027-01-31 (in 8mo)
Last filed for 2025-04-30
Confirmation statement due
2027-02-21 (in 9mo)
Last made up 2026-02-07
Watchouts
Cash
£2M
+535.4% vs 2024
Net assets
£3M
+107.1% vs 2024
Employees
51
-13.6% vs 2024
Profit before tax
-£3M
-6.8% lowest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
8-year trend · vs Consumer Discretionary median
Accounts
8-year trend · latest reflected 2025-04-30
| Metric | Trend | 2020-04-30 | 2021-04-30 | 2022-04-30 | 2022-05-01 | 2023-04-30 | 2023-05-01 | 2024-04-30 | 2025-04-30 |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £28,731,816 | — | £26,693,756 | £17,927,189 | |
| Operating profit | — | — | — | — | -£1,382,649 | — | -£2,577,394 | -£2,616,868 | |
| Profit before tax | — | — | — | — | -£1,449,491 | — | -£2,568,070 | -£2,741,702 | |
| Net profit | — | — | — | — | -£1,449,491 | — | -£2,568,070 | -£2,741,702 | |
| Cash | £2,842,814 | £2,219,307 | £464,007 | £464,007 | £2,473,571 | £2,473,571 | £273,463 | £1,737,558 | |
| Total assets less current liabilities | £3,663,013 | £2,610,039 | £1,829,572 | — | £5,245,704 | — | £1,930,363 | £3,950,597 | |
| Net assets | £3,581,807 | £2,561,275 | £1,681,233 | — | £4,201,244 | — | £1,633,174 | £3,381,925 | |
| Equity | £3,581,807 | £2,561,275 | £1,681,233 | £1,681,233 | £4,201,244 | £4,201,244 | £1,633,174 | £3,381,925 | |
| Average employees | 29 | 23 | 27 | — | 35 | — | 59 | 51 | |
| Wages | — | — | — | — | £1,180,518 | — | £2,318,211 | £2,065,639 | |
| Directors' remuneration | — | — | — | — | £70,615 | — | £416,523 | £279,017 |
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
Year-on-year
FY2024 → FY2025 · period ending 2025-04-30 vs 2024-04-30
-
Turnover
-32.8%
£26,693,756 £17,927,189
lowest in 3 filed years
-
Cash
+535.4%
£273,463 £1,737,558
-
Net assets
+107.1%
£1,633,174 £3,381,925
-
Employees
-13.6%
59 51
-
Operating profit
-1.5%
-£2,577,394 -£2,616,868
lowest in 3 filed years
-
Profit before tax
-6.8%
-£2,568,070 -£2,741,702
lowest in 3 filed years
-
Wages
-10.9%
£2,318,211 £2,065,639
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2020-04-30 | 2021-04-30 | 2022-04-30 | 2022-05-01 | 2023-04-30 | 2023-05-01 | 2024-04-30 | 2025-04-30 |
|---|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | -4.8% | — | -9.7% | -14.6% | |
| Net margin | — | — | — | — | -5.0% | — | -9.6% | -15.3% | |
| Return on capital employed | — | — | — | — | -26.4% | — | -133.5% | -66.2% | |
| Current ratio | — | — | — | — | — | — | 0.87x | 2.08x | |
| Interest cover | — | — | — | — | -20.38x | — | -204.13x | -20.36x |
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.
Name history
Renamed 1 time since incorporation
- FUELMII LTD 2018-02-01 → present
- AIRDRYFT LIMITED 2016-08-31 → 2018-02-01
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- White Hart Associates (London) Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on this assessment, the directors have a reasonable expectation that the company will continue in operational existence for the foreseeable future and have therefore adopted the going concern basis in preparing these financial statements.”
Group structure
- FUELMII LTD · parent
- Fuelmii Italy S.r.l 100%
Significant events
- “During the 2024/25 financial year, we launched operations in Italy through our fully owned subsidiary, Fuelmii Italy SRL.”
- “Since then, we've begun expanding in the region, with additional depots opening after the year-end.”
- “We're also laying the groundwork for further growth, as we begin early-stage development to bring Fuelmii into France.”
- “In August 2025, the company waived £0.2 million of intercompany receivables due from its wholly owned subsidiary, Fuelmii Italy SRL, through a formal debt-to-equity conversion.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DERVISH, Tuguy | Director | 2016-08-31 | Jan 1992 | British |
| EFSTATHIOU, Elena | Director | 2018-03-16 | Feb 1967 | British |
| KHATRI, Sameer Osman | Director | 2018-08-13 | May 1974 | British |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Tuguy Dervish | Individual | Shares 25–50% | 2024-06-25 | Active |
| Ms Joanna Kolatsis | Individual | Shares 25–50% | 2024-01-30 | Ceased 2024-06-25 |
| Mr Tuguy Dervish | Individual | Shares 25–50%, Voting 25–50% | 2020-03-07 | Ceased 2024-01-30 |
| Mr Tuguy Dervish | Individual | Shares 75–100%, Voting 75–100% | 2016-08-31 | Ceased 2020-03-07 |
Filing timeline
Last 20 of 76 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-03-12 RESOLUTIONS Resolution
- 2024-06-10 RESOLUTIONS Resolution
- 2024-06-06 MA Memorandum articles
- 2024-02-28 MA Memorandum articles
- 2024-02-28 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-03 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-03-03 | CH01 | officers | Change person director company with change date | |
| 2026-01-29 | AA | accounts | Accounts with accounts type full | |
| 2025-05-07 | SH01 | capital | Capital allotment shares | |
| 2025-03-12 | RESOLUTIONS | resolution | Resolution | |
| 2025-03-11 | SH01 | capital | Capital allotment shares | |
| 2025-03-11 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-01-16 | AA | accounts | Accounts with accounts type full | |
| 2024-09-19 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-07-01 | CH01 | officers | Change person director company with change date | |
| 2024-06-28 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-06-28 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-06-10 | RESOLUTIONS | resolution | Resolution | |
| 2024-06-06 | MA | incorporation | Memorandum articles | |
| 2024-03-13 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-02-29 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date | |
| 2024-02-29 | RP04SH01 | capital | Second filing capital allotment shares | |
| 2024-02-28 | MA | incorporation | Memorandum articles | |
| 2024-02-28 | RESOLUTIONS | resolution | Resolution | |
| 2024-02-23 | CH01 | officers | Change person director company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 2
- Officers appointed
- 0
- Officers resigned
- 0
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.