PROPELLER FUELS LTD
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Next accounts due
2027-09-30 (in 1y)
Last filed for 2025-12-31
Confirmation statement due
2026-11-07 (in 6mo)
Last made up 2025-10-24
Watchouts
None on the register
Cash
£1M
+296% vs 2024
Net assets
£2M
USD 2,096,478
+6.8% vs 2024
Employees
11
+22.2% vs 2024
Profit before tax
£13K
-94.2% vs 2024
Net assets
4-year trend · vs Industrials median
Accounts
4-year trend · latest reflected 2025-12-31
| Metric | Trend | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|
| Turnover | — | — | £320,361,602 | £281,463,182 | |
| Operating profit | — | — | £940,622 | £674,876 | |
| Profit before tax | — | — | £232,105 | £13,361 | |
| Net profit | — | — | £169,498 | £133,644 | |
| Cash | — | — | £326,377 | £1,292,489 | |
| Total assets less current liabilities | — | — | £1,467,320 | £1,567,226 | |
| Net assets | — | — | £1,962,834 | £2,096,478 | |
| Equity | — | — | £1,962,834 | £2,096,478 | |
| Average employees | — | — | 9 | 11 | |
| Wages | — | — | £441,423 | £547,516 | |
| Directors' remuneration | — | — | — | — |
Figures converted to GBP from USD at 0.748 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2024 → FY2025 · period ending 2025-12-31 vs 2024-12-31
-
Turnover
-12.1%
£320,361,602 £281,463,182
-
Cash
+296%
£326,377 £1,292,489
-
Net assets
+6.8%
£1,962,834 £2,096,478
-
Employees
+22.2%
9 11
-
Operating profit
-28.3%
£940,622 £674,876
-
Profit before tax
-94.2%
£232,105 £13,361
-
Wages
+24%
£441,423 £547,516
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 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|
| Operating margin | — | — | 0.3% | 0.2% | |
| Net margin | — | — | 0.1% | 0.0% | |
| Return on capital employed | — | — | 64.1% | 43.1% | |
| Gearing (liabilities / total assets) | — | — | 90.5% | 89.6% | |
| Current ratio | — | — | 1.41x | 1.40x | |
| Interest cover | — | — | 1.01x | 0.99x |
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
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Forrester Boyd Limited
- 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 original financial statements were authorised for issuc.”
Group structure
- PROPELLER FUELS LTD · parent
- Propeller Fuels Greece Single Member PC 100%
Significant events
- “Overall, the Group has performed broadly in line with expectations during 2025, with turnover of $281,463,182 compared to $320,361,602 in the prior year, reflecting movements in underlying oil prices during the year. Sales are heavily influenced by commodity values, which were lower compared to the prior period.”
- “Despite the uncertainty in global trade, the volume of sales and profitability will remain stable in 2026 as the Group expects to increase its market share, particularly in the Far East.”
- “The global trade crisis is expected to see costs rise in a number of areas in the 2026 accounts, however this is not expected to have a material impact on profitability.”
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 |
|---|---|---|---|---|
| PEART, Charles Frederick | Director | 2017-10-13 | May 1966 | British |
| PEART, Roger David Hunter | Director | 2017-10-13 | Apr 1972 | British |
| THOMPSON, Robert Charles | Director | 2017-10-13 | Aug 1968 | British |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Charles Frederick Peart | Individual | Shares 25–50%, Voting 25–50% | 2019-08-09 | Active |
| Mr Roger David Hunter Peart | Individual | Shares 25–50%, Voting 25–50% | 2019-08-09 | Active |
| Oil Nrg Ltd | Corporate entity | Shares 25–50% | 2017-10-13 | Ceased 2019-08-09 |
| Mr Robert Charles Thompson | Individual | Shares 25–50%, Voting 25–50% | 2017-10-13 | Active |
Filing timeline
Last 20 of 46 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-04-18 RESOLUTIONS Resolution
- 2023-04-18 MA Memorandum articles
- 2023-04-18 RESOLUTIONS Resolution
- 2023-04-18 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-12 | AA | accounts | Accounts with accounts type full | |
| 2026-02-20 | CH01 | officers | Change person director company with change date | |
| 2025-10-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-10 | AA | accounts | Accounts with accounts type full | |
| 2024-10-31 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-05-18 | AA | accounts | Accounts with accounts type full | |
| 2024-03-22 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-10-26 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-07-28 | AA | accounts | Accounts with accounts type full | |
| 2023-04-25 | SH06 | capital | Capital cancellation shares | |
| 2023-04-25 | SH03 | capital | Capital return purchase own shares | |
| 2023-04-18 | RESOLUTIONS | resolution | Resolution | |
| 2023-04-18 | SH02 | capital | Capital alter shares subdivision | |
| 2023-04-18 | MA | incorporation | Memorandum articles | |
| 2023-04-18 | RESOLUTIONS | resolution | Resolution | |
| 2023-04-18 | SH08 | capital | Capital name of class of shares | |
| 2023-04-18 | SH08 | capital | Capital name of class of shares | |
| 2023-04-18 | RESOLUTIONS | resolution | Resolution | |
| 2023-04-05 | SH01 | capital | Capital allotment shares | |
| 2023-04-05 | PSC04 | persons-with-significant-control | Change to a person with significant control |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- 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.