Tate Fuel Oils Limited in Otley, LS21 3BB

Description

Data updated on: 01-11-2023

Tate Fuel Oils is a company with it's headquarters at LS21 3BB Otley at Steelcroft Works. The enterprise has been operating since 1977 and is established under the identification number 01301975. The enterprise has existed on the UK market for 47 years now and the last known state is active. This business's principal business activity number is 46711, that means Wholesale of petroleum and petroleum products. The latest annual accounts cover the period up to Thu, 30th Jun 2022 and the latest confirmation statement was submitted on Sun, 11th Dec 2022.

Tate Fuel Oils Ltd is a medium-sized vehicle operator with the licence number OD1123430. The firm has one transport operating centre in the country. In their subsidiary in Tamworth on Trinity Road, 5 machines and 5 trailers are available.

Having 12 recruitment advertisements since 2014/06/18, the corporation has been one of the most active employers on the labour market. Recently, it was employing new workers in Otley, Stockport and Tamworth. They often hire full time workers to work in Overtime mode. They look for workers for such positions as: Credit Controller, Assistant Accountant and Academy New Business Sales Executive.

We have identified 2 councils and public departments cooperating with the company. The biggest counter party of them all is the Barnsley Metropolitan Borough, with over 6 transactions from worth at least 500 pounds each, amounting to £41,283 in total. The company also worked with the Solihull Metropolitan Borough Council (18 transactions worth £34,779 in total). Tate Fuel Oils was the service provided to the Solihull Metropolitan Borough Council Council covering the following areas: Children & Education Services was also the service provided to the Barnsley Metropolitan Borough Council covering the following areas: Petrol.

In order to be able to match the demands of its customers, this company is continually led by a body of three directors who are Andrew T., George T. and June T.. Their successful cooperation has been of pivotal importance to the following company since Mon, 1st Nov 1999. To find professional help with legal documentation, this company has been utilizing the skills of George T. as a secretary.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2017-06-30	2018-06-30	2019-06-30	2020-06-30	2021-06-30	2022-06-30	2023-06-30
Currency

Balance Sheet
Cash Bank On Hand	2 304 211	4 695 699	2 635 701	5 153 251	2 192 755	4 226 362	4 601 567
Current Assets	9 803 808	12 606 242	11 707 935	10 520 483	10 734 738	17 224 661	15 062 255
Debtors	7 419 376	7 746 257	8 905 923	5 231 172	8 322 051	12 760 308	9 640 954
Net Assets Liabilities	4 158 594	5 185 740	5 630 076	6 441 073	4 718 978	5 527 666	6 300 099
Other Debtors	1 043 168	1 340 710	2 253 555	690 243	1 140 052	1 455 227	2 121 679
Property Plant Equipment	1 877 972	1 931 988	1 992 080	2 377 722	2 442 437	2 639 389	2 374 890
Total Inventories	80 221	164 286	166 311	136 060	219 932	237 991

Other Financial Data
Audit Fees Expenses	15 000	10 665	11 850	12 250	12 850	13 800
Accrued Liabilities Deferred Income	559 402	832 035	293 419	453 892	294 813	467 423	463 483
Accumulated Depreciation Impairment Property Plant Equipment	2 191 165	2 262 315	2 581 745	2 660 490	2 480 445	3 076 477	3 792 838
Additions Other Than Through Business Combinations Property Plant Equipment		727 651	631 836	1 092 987	866 171	907 253	475 882
Administrative Expenses	1 116 565	1 062 135	870 870	952 052	855 066	1 546 688	2 311 243
Amounts Owed To Group Undertakings						200	100
Average Number Employees During Period	62	56	58	62	62	62	66
Balances Amounts Owed To Related Parties			126 300	371 018	465 282	95 517
Carrying Amount Under Cost Model Revalued Assets Property Plant Equipment	1 401 310	1 458 905	1 357 903	1 841 000	1 900 956	1 721 996	1 236 218
Cash Cash Equivalents	2 304 211	4 695 699				4 226 362	5 308 961
Cash Cash Equivalents Cash Flow Value	2 304 211	4 695 699	2 635 701	5 153 251	2 192 755	4 226 362
Cash Flows From Disposal Or Reduction In Control Over Subsidiaries Or Other Businesses						200
Corporation Tax Payable	187 748	248 913	291 510	470 958	337 000	430 000	397 015
Cost Sales	60 172 436	66 251 577	72 867 679	67 232 923	68 176 634	107 597 383	110 644 661
Creditors	535 482	744 051	700 804	1 224 889	784 183	802 675	10 212 548
Current Asset Investments							700 000
Current Tax For Period	188 750	248 913	291 510	470 958	337 000	610 000	736 000
Deferred Tax Expense Credit Relating To Changes In Tax Rates Or Laws						100 000	-70 000
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences	1 594	4 194	85 000	100 000	200 000
Depreciation Expense Property Plant Equipment	97 912	73 744	83 716	107 267	103 865	204 844
Depreciation Impairment Expense Property Plant Equipment		521 616	491 884	570 129	630 195	671 273
Distribution Costs	3 015 248	3 289 350	3 454 805	3 876 320	3 700 249	4 035 847	3 603 862
Dividend Declared Payable				14 500
Dividends Paid			854 000	1 698 500	3 300 000	2 272 850
Dividends Paid Classified As Financing Activities			-854 000	-1 684 000		-2 272 850	-2 072 850
Dividends Paid On Shares Interim			854 000	1 698 500	3 300 000	2 272 850
Dividends Paid To Owners Parent Classified As Financing Activities						-2 272 850	-2 072 850
Finance Lease Liabilities Present Value Total	535 482	744 051	700 804	1 224 889	784 183	802 675	394 698
Finance Lease Payments Owing Minimum Gross	921 696	1 110 557	1 071 251	1 763 443	1 274 958	1 268 472	410 311
Finished Goods Goods For Resale	80 221	164 286	166 311	136 060	219 932	237 991	119 734
Fixed Assets				-1 696 736	2 442 437	2 639 589	2 375 090
Further Item Interest Expense Component Total Interest Expense						2 902
Further Item Tax Increase Decrease Component Adjusting Items	-6 682	2 448	55 510	4 712	-190 381	-11 513	-3 759
Future Minimum Lease Payments Under Non-cancellable Operating Leases		24 000	21 000	21 000	21 000	21 000
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss	-153 627	-123 951
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables			1 370 842	2 598 947	-2 438 008	-5 691 873
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables					3 634 747	4 438 257
Gain Loss In Cash Flows From Change In Inventories			2 025	-30 251	83 872	18 059
Gain Loss On Disposals Property Plant Equipment	83 840	137 432	90 932	101 384	167 734	25 539
Government Grant Income					125 854	18 335
Gross Profit Loss	5 299 545	5 788 622	6 022 411	7 933 326	6 386 313	9 384 761
Income From Related Parties		337 534	175 985	21 082	127 559	390 496
Income Taxes Paid Refund Classified As Operating Activities		-187 724	-248 913	-291 510	-280 577	-516 658	-769 913
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation		-2 391 488	2 059 998	-2 517 550
Increase Decrease In Current Tax From Adjustment For Prior Periods		-24			-190 381	-342	928
Increase Decrease In Stocks Inventories Finished Goods Work In Progress		-84 065	-2 025
Increase From Depreciation Charge For Year Property Plant Equipment		521 616	491 884	570 129	630 195	671 273	730 881
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings	110 760
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts	41 660	36 081	28 634	31 320	32 894	35 224
Interest Income On Bank Deposits	2 694
Interest Paid Classified As Operating Activities						-38 126	-38 452
Interest Payable Similar Charges Finance Costs	152 420	36 081	28 634	31 320	32 894	38 126	38 452
Interest Received Classified As Investing Activities	-7 549	-3 124	-6 744	-6 821	-566	-8 761	-50 940
Investments Fixed Assets						200	200
Investments In Subsidiaries						200	200
Key Management Personnel Compensation Total				81 012	203 059	149 458
Net Cash Flows From Used In Financing Activities		479 371	1 179 369	991 808
Net Cash Flows From Used In Investing Activities		-233 156	168 237	847 566
Net Cash Flows From Used In Operating Activities	-37 329	-2 637 703	712 392	-4 356 924	1 930 901	-5 147 068
Net Cash Generated From Operations	247 492	2 861 508	434 845	-4 679 754	1 617 430	-5 701 852	-4 834 303
Net Current Assets Liabilities	2 926 910	4 112 803	4 538 800	5 588 240	3 560 724	4 290 752
Net Finance Income Costs	7 549	3 124	6 744	6 821	566	8 761	50 940
Net Interest Paid Received Classified As Operating Activities		-36 081	-28 634	-31 320	-32 894	-38 126
Number Shares Issued Fully Paid		1 201
Operating Profit Loss	1 167 732	1 437 137	1 696 736	3 104 954	1 956 852	3 820 561
Other Creditors	1 059 130	146 360	156 185	405 403	900 159	2 143 728	2 781 859
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment		450 466	172 454	491 384	810 240	75 241	14 520
Other Disposals Property Plant Equipment		602 485	252 314	628 600	981 501	114 269	24 020
Other Interest Income		3 124	6 744	6 821	566	8 761
Other Interest Receivable Similar Income Finance Income	7 549	3 124	6 744	6 821	566	8 761	50 940
Other Operating Income Format1					125 854	18 335
Other Taxation Social Security Payable	42 126	41 952	51 767	48 335	50 947	60 505
Par Value Share		1
Payments Finance Lease Liabilities Classified As Financing Activities		-479 371	-325 369	692 192	-488 485	-6 486
Payments To Related Parties		261 735	347 847	354 587	327 456	522 723
Pension Other Post-employment Benefit Costs Other Pension Costs	23 047	25 612	36 868	51 528	53 172	57 551	57 552
Percentage Class Share Held In Subsidiary						100	100
Prepayments Accrued Income	1 077 903	341 760	357 319	512 084	471 651	131 514	164 940
Proceeds From Sales Property Plant Equipment	-515 793	-289 451	-170 792	-238 600	-338 995	-64 567
Profit Loss	678 890	1 027 146	1 298 336	2 509 497	1 577 905	3 081 538	2 845 283
Profit Loss On Ordinary Activities After Tax			1 298 336	2 509 497
Profit Loss On Ordinary Activities Before Tax	869 234	1 280 229	1 674 846	3 080 455	1 924 524	3 791 196
Property Plant Equipment Gross Cost	4 069 137	4 194 303	4 573 825	5 038 212	4 922 882	5 715 866	6 167 728
Provisions For Liabilities Balance Sheet Subtotal	110 806	115 000	200 000	300 000
Purchase Property Plant Equipment		-59 419	-345 773	-1 092 987	-866 171	-907 253
Social Security Costs	162 968	175 211	176 295	202 835	230 222	258 164
Staff Costs Employee Benefits Expense	2 140 254	2 245 749	2 177 707	2 602 753	2 540 222	3 051 621	2 844 404
Taxation Including Deferred Taxation Balance Sheet Subtotal	110 806	115 000	200 000	300 000	500 000	600 000	530 000
Tax Expense Credit Applicable Tax Rate		243 244	318 221	585 286	365 660	720 327
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	25 352	7 391	2 779	355	767	604	3 584
Tax Tax Credit On Profit Or Loss On Ordinary Activities	190 344	253 083	376 510	570 958	346 619	709 658	666 928
Total Assets Less Current Liabilities	4 804 882	6 044 791	6 530 880	7 965 962	6 003 161	6 930 341
Total Current Tax Expense Credit	188 750	248 889	291 510	470 958	146 619	609 658	736 928
Total Deferred Tax Expense Credit					200 000	100 000
Trade Creditors Trade Payables	4 642 278	6 857 673	6 005 807	3 000 601	5 100 320	9 366 256	6 093 693
Trade Debtors Trade Receivables	5 298 305	6 063 787	6 295 049	4 028 845	6 710 348	11 173 567	7 310 838
Turnover Revenue	65 471 981	72 040 199	78 890 090	75 166 249	74 562 947	116 982 144
Wages Salaries	1 954 239	2 044 926	1 964 544	2 348 390	2 256 828	2 735 906	2 524 776
Company Contributions To Defined Benefit Plans Directors	737	721	360	360	360	360
Director Remuneration				63 136	37 886	36 000
Director Remuneration Benefits Including Payments To Third Parties		282 501	78 679	63 496	38 246	36 360

Company staff

George T.

Role: Secretary

Latest update: 6 April 2024

Andrew T.

Role: Director

Appointed: 01 November 1999

Latest update: 6 April 2024

George T.

Role: Director

Appointed: 11 December 1991

Latest update: 6 April 2024

June T.

Role: Director

Appointed: 11 December 1991

Latest update: 6 April 2024

People with significant control

George T. is the individual who controls this firm, owns over 1/2 to 3/4 of company shares .

George T.

Notified on 6 April 2016

Nature of control:

over 1/2 to 3/4 of shares

Accounts Documents

Account next due date	31 March 2024
Account last made up date	30 June 2022
Confirmation statement next due date	25 December 2023
Confirmation statement last made up date	11 December 2022

Annual Accounts
Start Date For Period Covered By Report	2017-07-01
End Date For Period Covered By Report	2018-06-30
Annual Accounts
Start Date For Period Covered By Report	2018-07-01
End Date For Period Covered By Report	2019-06-30
Annual Accounts
Start Date For Period Covered By Report	2019-07-01
End Date For Period Covered By Report	2020-06-30
Annual Accounts
Start Date For Period Covered By Report	2020-07-01
End Date For Period Covered By Report	2021-06-30
Annual Accounts
Start Date For Period Covered By Report	2021-07-01
End Date For Period Covered By Report	2022-06-30
Annual Accounts
Start Date For Period Covered By Report	2022-07-01
End Date For Period Covered By Report	2023-06-30

Class 1 44T Artic Tanker Driver in Otley, posted on Friday 11th September 2015
Region / City	Yorkshire, Otley
Industry	Transport and storage - materials
Salary	£11.50 per hour
Job type	full time
Job contact info	Andrew Tate
Job reference code	OTLEY


6 Wheeler 26T Tanker Driver in Otley, posted on Friday 11th September 2015
Region / City	Yorkshire, Otley
Industry	Transport and storage - materials
Salary	£11.50 per hour
Job type	full time
Job contact info	Andrew Tate
Job reference code	OTLEY


6 Wheeler Rigid Tanker Driver in Stockport, posted on Thursday 30th July 2015
Region / City	North West, Stockport
Industry	Transport and storage - materials
Salary	£11.50 per hour
Job type	full time
Job contact info	Andrew Tate
Job reference code	BRAMHALL


6 Wheeler Rigid Tanker Driver in Tamworth, posted on Tuesday 7th April 2015
Region / City	Midlands, Tamworth
Salary	£11.25 per hour
Job type	full time
Job reference code	KINGSBURY


Apprentice Telesales in Southport, posted on Monday 29th September 2014
Region / City	North West, Southport
Industry	Business services - other
Job type	full time
Job contact info	Joe Cannon


Telesales Agents in Southport, posted on Monday 29th September 2014
Region / City	North West, Southport
Industry	Business services - other
Salary	From £14500.00 to £18000.00 per year
Job type	full time
Career level	none
Education level	a GCSE (Scottish or equivalent)
Job contact info	Joe Cannon


Tanker Driver in Ellesmere Port, posted on Wednesday 3rd September 2014
Region / City	North West, Ellesmere Port
Industry	Transport and storage - materials
Salary	£11.25 per hour
Work hours	Overtime
Job type	full time
Job reference code	Ellesmere 6w


New Business Sales Executive in Southport, posted on Tuesday 5th August 2014
Region / City	North West, Southport
Industry	Business services - other
Salary	£14500.00
Job type	full time
Career level	entry level employees
Education level	a GCSE (Scottish or equivalent)


Academy New Business Sales Executive in Southport, posted on Tuesday 5th August 2014
Region / City	North West, Southport
Industry	Business services - other
Job type	part time (less than 30 hours)
Career level	entry level employees
Education level	a GCSE (Scottish or equivalent)


Assistant Accountant in Otley, posted on Wednesday 23rd July 2014
Region / City	Yorkshire, Otley
Job type	full time

Year / Transaction date	Council / Department / Transaction ID	No. of trans.	Total trans. value
2015	Solihull Metropolitan Borough Council	4	£ 6 034.15
2015-01-13	13/01/2015_11224		£ 2 291.00	Children & Education Services
2015-01-27	27/01/2015_11222		£ 1 771.60	Children & Education Services
2015-02-26	26/02/2015_11438		£ 1 004.40	Children & Education Services
2014	Barnsley Metropolitan Borough	3	£ 20 544.00
2014-08-08	5100709524		£ 7 017.00
2014-01-17	5100682744		£ 6 930.00
2014-06-16	5100703575		£ 6 597.00
2014	Solihull Metropolitan Borough Council	13	£ 27 452.78
2014-03-03	26398552		£ 3 722.53	Children & Education Services
2014-05-06	27966547		£ 3 683.40	Children & Education Services
2014-11-05	43199547		£ 2 863.18	Children & Education Services
2013	Barnsley Metropolitan Borough	3	£ 20 739.00
2013-10-18	5100671720		£ 6 954.00	Petrol
2013-08-21	5100664703		£ 6 894.00	Petrol
2013-07-17	5100660076		£ 6 891.00
2013	Solihull Metropolitan Borough Council	1	£ 1 292.25
2013-11-20	19125547		£ 1 292.25	Children & Education Services

Tate Fuel Oils Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

George T.

Andrew T.

George T.

June T.

James F.

People with significant control

George T.

Accounts Documents

Company Vehicle Operator Data

Kingsbury Terminal

Address

City

Postal code

No. of Vehicles

No. of Trailers

Jobs and Vacancies at Tate Fuel Oils Ltd

Company filings

Filing category

Company's financial transactions

Search other companies

Services (by SIC Code)

Company Age

Closest companies