Halso Uk Fuels Ltd

Halso Uk Fuels Ltd, based in Lichfield, UK, is a small, holding company with an active status, having been founded 26 years ago in 1999. The company employs 25 people and holds assets worth £2,999,390. It operates from a real address and is overseen by three directors and two owners. A Google rating of 4.0 from 52 reviews suggests a positive customer experience, and it runs an e-commerce site. Halso is an irregular importer, primarily dealing with electrical machinery and equipment, with its last import activity occurring in January 2023.

The company’s website showcases a wide range of fuel services, catering to both residential and commercial clients. It specializes in heating oil, lubricants, and related services, emphasizing personalized customer service and expert advice. The site also highlights a growing focus on HVO (Hydrotreated Vegetable Oil) as a cleaner, more sustainable fuel option. Halso’s services extend to fuel storage solutions, fuel sensors, and even difficult access deliveries, indicating a comprehensive approach to meeting customer needs.

Financially, Halso Uk Fuels Ltd presents a mixed picture. While cash bank on hand has significantly decreased by 61% to £120,000, current assets have also fallen by 34% to £3,000,000. Trade debtors have dropped by 37% to £2,100,000, which could be a positive sign of improved collection rates. However, bank borrowings have increased by 2,400%, reaching £29,000, and creditors have fallen by 41% to £1,800,000. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the decrease in equity by 11% to £1,700,000 raises questions. With no auditor mentioned, the figures are unaudited. It seems like the company is facing some financial pressures, but its focus on customer service and sustainable fuel options could help it navigate these challenges.

Registered in England/Wales under the registration number 03763082, with a registered address at WS13 8NG, Lichfield, Staffordshire, Fradley Aerodrome, Wood End Lane, Fradley.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.