NATIONWIDE FUELS AND LUBRICANTS LTD

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%

  £17,464,320 → £15,203,363

• Cash

  -36.3%

  £404,206 → £257,525

  lowest in 5 filed years

• Net assets

  +13.9%

  £1,486,211 → £1,693,287

  highest in 5 filed years

• Employees

  +16.7%

  6 → 7

  highest in 5 filed years

• Operating profit

  -5.3%

  £1,041,308 → £986,423

• Profit before tax

  +18%

  £407,504 → £480,983

• Wages

  +19.3%

  £424,966 → £507,184

  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

“At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The directors consider that the current and forecasted levels of cash will be sufficient to meet the company's liabilities as they fall due. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”

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. Nationwide has delivered carbon cutting solutions both internally to our offices, 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.”
• “Nationwide has continued investment into the supply and use of renewable and sustainable fuels to meet legislated changes, in particular Hydrotreated Vegetable Oil (HVO). The board sees the considerable environmental benefits from use, with a reduction of up to 90% greenhouse gas emissions and reducing the NOx, PM, and CO emissions.”
• “We have now moved on to the fifth year of a budgeted program of works in the group, 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.