A.i.d. Fuel Oils Limited in Cannock, WS12 4PB

Description

Data updated on: 01-11-2023

A.i.d. Fuel Oils came into being in 1979 as a company enlisted under no 01445830, located at WS12 4PB Cannock at Cocksparrow Lane. The firm has been in business for 46 years and its status at the time is active. The enterprise's registered with SIC code 46719 and has the NACE code: Wholesale of other fuels and related products. The latest annual accounts were submitted for the period up to Friday 30th September 2022 and the latest confirmation statement was released on Monday 12th December 2022.

A I D Fuel Oils Ltd is a medium-sized vehicle operator with the licence number OD0187860. The firm has two transport operating centres in the country. In their subsidiary in Cannock , 15 machines and 3 trailers are available. The centre in Tamworth on Trinity Road has 2 machines.

Given this particular firm's magnitude, it became necessary to acquire other company leaders, namely: Alex W., Anthony W., Thomas W. who have been collaborating since 2025 to exercise independent judgement of this specific limited company. In addition, the managing director's efforts are regularly aided with by a secretary - Thomas W..

Financial data based on annual reports

Profit & Loss
Date of Accounts	2020-09-30	2021-09-30	2022-09-30	2023-09-30	2024-09-30
Currency

Balance Sheet
Cash Bank On Hand	2 665 704	2 511 717	2 517 304	2 688 573	2 222 799
Current Assets	8 878 131	11 008 683	12 136 563	11 547 322	11 242 494
Debtors	2 481 584	3 966 477	4 518 582	3 571 685	3 300 640
Net Assets Liabilities	6 202 298	7 541 474	8 268 560	8 449 551	8 521 230
Property Plant Equipment	3 268 700	3 928 114	3 737 940	3 859 772	3 705 758
Total Inventories	570 043	585 058	1 089 635	1 094 113	693 478
Other Debtors	40 163	131 363

Other Financial Data
Audit Fees Expenses	12 005	13 514	13 805	13 954	15 600
Director Remuneration	1 000 311	967 359	1 126 043	1 388 341	1 408 895
Number Directors Accruing Benefits Under Money Purchase Scheme	3	3	3	3	3
Accrued Liabilities	623 541	589 577	695 233	938 835	1 240 267
Accumulated Depreciation Impairment Property Plant Equipment	1 909 457	2 078 893	2 009 661	2 100 911	2 257 221
Additional Provisions Increase From New Provisions Recognised					118 000
Administrative Expenses	2 699 141	2 525 648	3 368 341	3 713 955	3 402 667
Applicable Tax Rate	19	19	19	25	25
Average Number Employees During Period	43	44	45	44	43
Cash Cash Equivalents Cash Flow Value	2 665 704	2 511 717	2 517 304	2 688 573
Comprehensive Income Expense	693 687	1 339 176	1 027 086	180 991	71 679
Corporation Tax Payable	203 642	53 753	375 132	17 006	52 357
Cost Sales	42 940 540	45 686 226	64 128 884	57 446 717	51 602 796
Creditors	93 470	177 276	66 762	6 439 743	5 791 222
Current Asset Investments	3 160 800	3 945 431	4 011 042	4 192 951	4 977 005
Current Tax For Period	203 642	53 753	375 132	17 049	52 401
Depreciation Amortisation Expense	215 809	316 902	287 420	297 477	260 166
Depreciation Expense Property Plant Equipment	173 085	256 346	241 014	272 642	260 165
Disposals Decrease In Depreciation Impairment Property Plant Equipment		147 465	356 652	206 227	103 855
Disposals Property Plant Equipment		176 269	453 966	305 784	136 802
Dividends Received Classified As Investing Activities		-5 303	-9 373	-11 625	-27 029
Finance Lease Liabilities Present Value Total	113 277	165 604	110 514	66 762
Finance Lease Payments Owing Minimum Gross	116 759	169 819	114 330	69 071
Fixed Assets	3 368 900	3 928 314	3 738 140	3 859 972	3 705 958
Further Item Cash Flow From Used In Operating Activities Component Total Net Cash Flows From Used In Operating Activities	301 098	-112 808	-584 788	-73 108	-116 687
Further Item Proceeds From Sales Other Long-term Assets Classified As Investing Activities Component Corresponding Total	198 447	-84 404	-60 782	-43 796	-125 491
Future Finance Charges On Finance Leases	3 482	4 215	3 816	2 309
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	-1 723 800	2 198 456	46 845	-214 760	-617 110
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	1 421 658	-1 484 893	-552 105	946 897	222 473
Gain Loss On Disposal Assets Income Statement Subtotal	-19 898	61 675	57 978	37 233	119 745
Gain Loss On Disposals Property Plant Equipment	-19 898	61 675	57 978	37 233	119 745
Gross Profit Loss	3 707 490	3 407 261	5 270 938	3 806 182	2 834 095
Income From Other Fixed Asset Investments		5 303	9 373	11 625	27 029
Income Taxes Paid Refund Classified As Operating Activities	-92 392	-203 642	-53 753	-377 911	-17 050
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	942 425	-153 987	5 587	171 269	-465 774
Increase Decrease In Stocks Inventories Finished Goods Work In Progress	-178 520	15 015	504 577	4 478	-400 635
Increase From Depreciation Charge For Year Property Plant Equipment		316 901	287 420	297 477	260 165
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts	3 105	3 549	4 215	3 816	2 309
Interest Payable Similar Charges Finance Costs	3 105	3 549	4 215	3 816	2 309
Investments Fixed Assets	200	200	200	200	200
Investments In Group Undertakings	200	200	200	200	200
Net Assets Liabilities Subsidiaries	-200	-200	-200	-200	-200
Net Cash Flows From Used In Financing Activities	55 898	432 866	465 604	110 514	66 762
Net Cash Flows From Used In Investing Activities	429 325	786 221	8 255	343 512	-159 187
Net Cash Flows From Used In Operating Activities	-1 427 648	-1 550 010	-479 446	-625 295	558 199
Net Cash Generated From Operations	-1 222 047	-1 385 099	-1 122 202	-1 080 130	422 153
Net Current Assets Liabilities	3 181 868	4 265 436	5 080 182	5 107 579	5 451 272
Net Interest Received Paid Classified As Investing Activities	-22 396	-23 117	-21 640	-26 939	-118 564
Number Shares Issued Fully Paid		100 000	100 000	100 000	100 000
Operating Profit Loss	1 109 962	916 235	1 902 597	92 227	-568 572
Other Creditors	37 426	506 645	56 878	55 786	39 068
Other Deferred Tax Expense Credit	-35 000	220 000	8 000	35 000	118 000
Other Interest Receivable Similar Income Finance Income	21 375	28 419	21 640	26 939	118 564
Other Taxation Social Security Payable	178 621	87 887	236 345	198 461	9 050
Par Value Share		1	1	1	1
Payments Finance Lease Liabilities Classified As Financing Activities	93 955	136 133	-165 604	-110 514	-66 762
Pension Other Post-employment Benefit Costs Other Pension Costs	63 693	64 579	550 030	608 806	431 673
Percentage Class Share Held In Subsidiary		100	100	100	100
Prepayments Accrued Income Not Expressed Within Current Asset Subtotal				38 559	48 572
Proceeds From Sales Property Plant Equipment	-11 000	-6 075	-94 510	-92 994	-27 201
Profit Loss	959 590	1 339 176	1 027 086	180 991	71 679
Profit Loss On Ordinary Activities Before Tax	1 128 232	941 105	1 410 218	235 776	242 080
Property Plant Equipment Gross Cost	5 178 157	5 907 007	5 747 601	5 960 683	5 962 979
Provisions	255 000	475 000	483 000	518 000	636 000
Provisions For Liabilities Balance Sheet Subtotal	255 000	475 000	483 000	518 000	636 000
Purchase Property Plant Equipment	-264 274	-905 119	-194 560	-518 866	-139 098
Raw Materials	570 043	585 058	1 089 635	1 094 113	693 478
Social Security Costs	225 702	228 634	276 975	301 649	245 515
Staff Costs Employee Benefits Expense	2 335 996	2 348 298	3 211 273	3 542 669	3 431 147
Tax Decrease Increase From Effect Revenue Exempt From Taxation			1 781	2 558	6 757
Tax Expense Credit Applicable Tax Rate	214 364	178 810	267 941	58 944	60 520
Tax Tax Credit On Profit Or Loss On Ordinary Activities	168 642	273 753	383 132	54 785	170 401
Total Additions Including From Business Combinations Property Plant Equipment		905 119	194 560	518 866	139 098
Total Assets Less Current Liabilities	6 550 768	8 193 750	8 818 322	8 967 551	9 157 230
Total Current Tax Expense Credit			375 132	19 785	52 401
Trade Creditors Trade Payables	3 485 846	5 339 781	5 582 279	5 162 893	4 450 480
Trade Debtors Trade Receivables	2 404 077	3 709 406	4 478 297	3 533 126	3 300 640
Turnover Revenue	46 648 030	49 017 480	69 399 822	61 252 899	54 436 891
Wages Salaries	2 046 601	2 055 085	2 384 268	2 632 214	2 753 959
Deferred Tax Expense Credit From Unrecognised Tax Loss Or Credit			8 000	35 000
Dividends Paid			300 000
Dividends Paid Classified As Financing Activities			-300 000
Dividends Paid On Shares Interim			300 000
Further Item Gain Loss In Other Comprehensive Income Before Tax Component Total Other Comprehensive Income Before Tax	-265 903	671 824
Increase Decrease In Current Tax From Adjustment For Prior Periods				2 736
Increase Decrease In Property Plant Equipment		229 160
Investment Property	100 000	100 000
Investment Property Fair Value Model	100 000
Other Comprehensive Income Expense Net Tax	-265 903	671 824
Other Operating Income Format1	101 613	110 629
Prepayments	37 344	125 708	40 285	38 559
Tax Decrease From Utilisation Tax Losses		1 079
Tax Increase Decrease From Effect Capital Allowances Depreciation			9 797	-8 753
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss			532	1 444