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 45 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: Anthony W., Thomas W., Ian R. who have been collaborating since 2012 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
Currency

Balance Sheet
Cash Bank On Hand	2 665 704	2 511 717	2 517 304
Current Assets	8 878 131	11 008 683	12 136 563
Debtors	2 481 584	3 966 477	4 518 582
Net Assets Liabilities	6 202 298	7 541 474	8 268 560
Other Debtors	40 163	131 363
Property Plant Equipment	3 268 700	3 928 114	3 737 940
Total Inventories	570 043	585 058	1 089 635

Other Financial Data
Audit Fees Expenses	12 005	13 514	13 805
Director Remuneration	1 000 311	967 359	1 126 043
Number Directors Accruing Benefits Under Money Purchase Scheme	3	3	3
Accrued Liabilities	623 541	589 577	695 233
Accumulated Depreciation Impairment Property Plant Equipment	1 909 457	2 078 893	2 009 661
Administrative Expenses	2 699 141	2 491 027	3 368 341
Applicable Tax Rate	19	19	19
Average Number Employees During Period	43	44	45
Cash Cash Equivalents Cash Flow Value	2 665 704	2 511 717
Comprehensive Income Expense	693 687	1 339 176	1 027 086
Corporation Tax Payable	203 642	53 753	375 132
Cost Sales	42 940 540	45 686 226	64 128 884
Creditors	93 470	177 276	66 762
Current Asset Investments	3 160 800	3 945 431	4 011 042
Current Tax For Period	203 642	53 753	375 132
Depreciation Amortisation Expense	215 809	316 902	287 420
Depreciation Expense Property Plant Equipment	173 085	256 346	241 014
Disposals Decrease In Depreciation Impairment Property Plant Equipment		147 465	356 652
Disposals Property Plant Equipment		176 269	453 966
Dividends Paid			300 000
Dividends Paid Classified As Financing Activities			-300 000
Dividends Paid On Shares Interim			300 000
Dividends Received Classified As Investing Activities		-5 303	-9 373
Finance Lease Liabilities Present Value Total	113 277	165 604	110 514
Finance Lease Payments Owing Minimum Gross	116 759	169 819	114 330
Fixed Assets	3 368 900	3 928 314	3 738 140
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
Further Item Gain Loss In Other Comprehensive Income Before Tax Component Total Other Comprehensive Income Before Tax	-265 903	671 824
Further Item Proceeds From Sales Other Long-term Assets Classified As Investing Activities Component Corresponding Total	198 447	-84 404	-60 782
Future Finance Charges On Finance Leases	3 482	4 215	3 816
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	-1 723 800	2 198 456	46 845
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	1 421 658	-1 484 893	-552 105
Gain Loss On Disposal Assets Income Statement Subtotal	-19 898	61 675	57 978
Gain Loss On Disposals Property Plant Equipment	-19 898	61 675	57 978
Gross Profit Loss	3 707 490	3 407 261	5 270 938
Income From Other Fixed Asset Investments		5 303	9 373
Income Taxes Paid Refund Classified As Operating Activities	-92 392	-203 642	-53 753
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	942 425	-153 987	5 587
Increase Decrease In Property Plant Equipment		229 160
Increase Decrease In Stocks Inventories Finished Goods Work In Progress	-178 520	15 015	504 577
Increase From Depreciation Charge For Year Property Plant Equipment		316 901	287 420
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts	3 105	3 549	4 215
Interest Payable Similar Charges Finance Costs	3 105	3 549	4 215
Investment Property	100 000	100 000
Investment Property Fair Value Model	100 000
Investments Fixed Assets	200	200	200
Investments In Group Undertakings	200	200	200
Net Assets Liabilities Subsidiaries	-200	-200	-200
Net Cash Flows From Used In Financing Activities	55 898	432 866	465 604
Net Cash Flows From Used In Investing Activities	429 325	786 221	8 255
Net Cash Flows From Used In Operating Activities	-1 427 648	-1 065 100	-479 446
Net Cash Generated From Operations	-1 222 047	-1 385 099	-1 122 202
Net Current Assets Liabilities	3 181 868	4 265 436	5 080 182
Net Interest Received Paid Classified As Investing Activities	-22 396	-28 419	-21 640
Number Shares Issued Fully Paid		100 000	100 000
Operating Profit Loss	1 109 962	916 235	1 902 597
Other Comprehensive Income Expense Net Tax	-265 903	671 824
Other Creditors	37 426	21 734	56 878
Other Deferred Tax Expense Credit	-35 000	220 000	8 000
Other Interest Receivable Similar Income Finance Income	21 375	23 117	21 640
Other Operating Income Format1	101 613	110 629
Other Taxation Social Security Payable	178 621	87 887	236 345
Par Value Share		1	1
Payments Finance Lease Liabilities Classified As Financing Activities	93 955	136 133	-165 604
Pension Other Post-employment Benefit Costs Other Pension Costs	63 693	64 579	550 030
Percentage Class Share Held In Subsidiary		100	100
Prepayments	37 344	125 708	40 285
Proceeds From Sales Property Plant Equipment	-11 000	-6 075	-94 510
Profit Loss	959 590	1 339 176	1 027 086
Profit Loss On Ordinary Activities Before Tax	1 128 232	1 612 929	1 410 218
Property Plant Equipment Gross Cost	5 178 157	6 007 007	5 747 601
Provisions	255 000	475 000	483 000
Provisions For Liabilities Balance Sheet Subtotal	255 000	475 000	483 000
Purchase Property Plant Equipment	-264 274	-905 119	-194 560
Raw Materials	570 043	585 058	1 089 635
Social Security Costs	225 702	228 634	276 975
Staff Costs Employee Benefits Expense	2 335 996	2 348 298	3 211 273
Tax Decrease From Utilisation Tax Losses		1 079
Tax Decrease Increase From Effect Revenue Exempt From Taxation			1 781
Tax Expense Credit Applicable Tax Rate	214 364	306 457	267 941
Tax Tax Credit On Profit Or Loss On Ordinary Activities	168 642	273 753	383 132
Total Additions Including From Business Combinations Property Plant Equipment		905 119	194 560
Total Assets Less Current Liabilities	6 550 768	8 193 750	8 818 322
Trade Creditors Trade Payables	3 485 846	5 339 781	5 582 279
Trade Debtors Trade Receivables	2 404 077	3 709 406	4 478 297
Turnover Revenue	46 648 030	49 128 109	69 399 822
Wages Salaries	2 046 601	2 089 707	2 384 268