RENEWABLE TRANSPORT FUEL SERVICES LIMITED
Operating as a subsidiary of the Euronext Growth Oslo-listed ReFuels group, the company sources and supplies renewable biomethane to the CNG Fuels network for heavy goods vehicles.
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Cash
£7.6m
+112.7% highest in 5 filed years
Net assets
£23m
+60.4% highest in 5 filed years
Employees
15
+36.4% highest in 5 filed years
Profit before tax
£15m
+89.3% highest in 3 filed years
Watch the reel
Our short-form breakdown of RENEWABLE TRANSPORT FUEL SERVICES LIMITED's latest filing
Inside the accounts of Renewable Transport Fuel Services: £157m in revenue, £15m in profit, and just 15 staff on the books. ⛽️📉
Net assets
5-year trend · vs Utilities median
Accounts
5-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31
| Metric | Trend | 2020-12-31 | 2022-03-31 | 2024-03-31 | 2025-03-31 | 2026-03-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | £75,157,550 | £114,921,852 | £157,533,483 | +37.1% | |
| Operating profit | — | — | -£3,285,965 | £7,716,764 | £15,216,935 | +97.2% | |
| Profit before tax | — | — | -£2,096,057 | £7,925,378 | £15,000,901 | +89.3% | |
| Net profit | — | — | -£1,783,471 | £6,952,418 | £12,188,746 | +75.3% | |
| Cash | £582,537 | £2,299,655 | £2,689,330 | £3,583,645 | £7,622,248 | +112.7% | |
| Total assets less current liabilities | £1,105,835 | £5,557,342 | £7,590,973 | £14,617,529 | £25,354,080 | +73.4% | |
| Net assets | — | — | £7,590,973 | £14,617,529 | £23,446,846 | +60.4% | |
| Equity | £1,105,835 | £5,557,342 | £7,590,973 | £14,617,529 | £23,446,846 | +60.4% | |
| Average employees | 3 | 4 | 9 | 11 | 15 | +36.4% | |
| Wages | — | — | £876,727 | £1,049,142 | £1,924,647 | +83.4% | |
| Directors' remuneration | — | — | £135,487 | £120,000 | £141,540 | +18% | |
| Directors' pension contributions | — | — | £1,320 | — | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2020-12-31 | 2022-03-31 | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|---|---|
| Operating margin | — | — | -4.4% | 6.7% | 9.7% | |
| Net margin | — | — | -2.4% | 6.0% | 7.7% | |
| Return on capital employed | — | — | -43.3% | 52.8% | 60.0% | |
| Gearing (liabilities / total assets) | — | — | 64.1% | 39.7% | 43.4% | |
| Current ratio | — | — | 1.67x | 2.52x | 2.40x | |
| Interest cover | — | — | -44.83x | — | — |
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
- IFRS
- Reporting scope
- Consolidated group
- Auditor
- Price Bailey LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have at the time of approving the financial statements, a reasonable expectation that the group has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting...”
Group structure
- RENEWABLE TRANSPORT FUEL SERVICES LIMITED · parent
- Renewable Energy Fuels B.V. 100%
- Renewable Energy Fuels S.L. 100%
- Refuels Shipping Limited 100%
- Bio Energie Holwerd B.V. 100%
- Refuels Holding B.V. 100%
Significant events
- “On 7 August 2025, the Company completed a transaction with Green Create W2V whereby the Company purchased 100% of the shares of Bio Energie Holwerd B.V., a biomethane plant situated in Holwerd, the Netherlands. The acquisition was made through Refuels Holding B.V.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| FJELD, Philip Eystein | Director | 2017-04-13 | Feb 1975 | Norwegian |
| GOWRIE-SMITH, Baden Jerome | Director | 2017-04-13 | Jul 1982 | Australian |
| NILLESEN, Jasper | Director | 2017-12-08 | Jun 1976 | Dutch |
| TANNER, Christopher James | Director | 2025-05-29 | Nov 1972 | British |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| KINGSBURY, Shaun Patrick | Director | 2020-07-13 | 2023-04-30 |
| SMELT, Frederik | Director | 2018-02-19 | 2018-08-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Cng Fuels Ltd | Corporate entity | Shares 25–50%, Voting 25–50% | 2020-07-13 | Active |
| Jasper Nillesen | Individual | Shares 25–50%, Voting 25–50% | 2018-02-27 | Ceased 2020-09-04 |
| Cng Investments Limited | Corporate entity | Shares 25–50%, Voting 25–50% | 2018-02-19 | Ceased 2018-02-19 |
| Cng Investments Limited | Corporate entity | Shares 25–50%, Voting 25–50% | 2017-04-13 | Active |
Filing timeline
Last 20 of 75 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-11-16 MA Memorandum articles
- 2023-11-16 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-10 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2026-09-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-09-08 | CH01 | officers | Change person director company with change date | |
| 2026-09-08 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2026-09-01 | AA | accounts | Accounts with accounts type group | |
| 2025-09-18 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-09-18 | CH01 | officers | Change person director company with change date | |
| 2025-09-18 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-09-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-04 | AA | accounts | Accounts with accounts type group | |
| 2025-06-06 | AP01 | officers | Appoint person director company with name date | |
| 2024-12-20 | AA | accounts | Accounts with accounts type group | |
| 2024-09-23 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-09-23 | CH01 | officers | Change person director company with change date | |
| 2024-09-23 | SH01 | capital | Capital allotment shares | |
| 2023-11-16 | MA | incorporation | Memorandum articles | |
| 2023-11-16 | RESOLUTIONS | resolution | Resolution | |
| 2023-09-18 | CH01 | officers | Change person director company with change date | |
| 2023-09-06 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-09-01 | PSC05 | persons-with-significant-control | Change to a person with significant control |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- 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.