Cloverhill Fuels Limited

POWER SEARCH PRICING

SOLUTIONS

cloverhill fuels limited Company Information

Live

EstablishedMidHigh

Company Number

NI054838

Website

www.cloverhillfuels.co.uk

Registered Address

74 mullagh road, maghera, BT46 5ED

Industry

Agents involved in the sale of fuels, ores, metals and industrial chemicals

Telephone

02879642485

Next Accounts Due

January 2025

Group Structure

View All

Directors

Brian McLean18 Years

Maxine McLean1 Years

Shareholders

cloverhill fuels oil limited 100%

cloverhill fuels limited Estimated Valuation

£4.1m

Pomanda estimates the enterprise value of CLOVERHILL FUELS LIMITED at £4.1m based on a Turnover of £9.9m and 0.41x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

Cloverhill Fuels Limited is a live company located in maghera, BT46 5ED with a Companies House number of NI054838. It operates in the agents involved in the sale of fuels, ores, metals and industrial chemicals sector, SIC Code 46120. Founded in April 2005, it's largest shareholder is cloverhill fuels oil limited with a 100% stake. Cloverhill Fuels Limited is a established, mid sized company, Pomanda has estimated its turnover at £9.9m with high growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Cloverhill Fuels Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 8 areas for improvement. Company Health Check FAQs

Health Rating1.5out of 5

2 Strong

2 Regular

8 Weak

Size

annual sales of £9.9m, make it smaller than the average company (£38.3m)

Growth

3 year (CAGR) sales growth of 20%, show it is growing at a faster rate (13.1%)

EXPORT

Cloverhill Fuels Limited's latest turnover from April 2023 is estimated at £9.9 million and the company has net assets of £396.5 thousand. According to their latest financial statements, Cloverhill Fuels Limited has 11 employees and maintains cash reserves of £557 as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Apr 2023	Apr 2022	Apr 2021	Apr 2020	Apr 2019	Apr 2018	Apr 2017	Apr 2016	Apr 2015	Apr 2014	Apr 2013	Apr 2012	Apr 2011	Apr 2010
Turnover	9,917,731	10,364,332	6,859,590	5,793,432	7,598,312	5,582,550	5,174,161	3,601,139	7,406,982	8,676,899	9,652,261	9,806,128	11,806,901	12,132,899
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	8,804,340	9,140,844	6,102,244	5,240,725	6,766,448	4,999,639	4,674,575	3,088,248	6,413,356	7,431,198	8,752,376	8,953,980	10,569,151	10,799,768
Gross Profit	1,113,391	1,223,488	757,346	552,707	831,864	582,910	499,586	512,890	993,627	1,245,701	899,885	852,148	1,237,749	1,333,132
Admin Expenses	1,106,728	1,224,542	696,618	593,780	958,559	349,903	365,784	494,832	986,808	1,180,776	842,445	817,055	1,236,538	1,068,948
Operating Profit	6,663	-1,054	60,728	-41,073	-126,695	233,007	133,802	18,058	6,819	64,925	57,440	35,093	1,211	264,184
Interest Payable	9,756	1,501	22	4,727	11,406	17,357	14,943	4,154	0	14,899	27,753	21,385	18,280	9,749
Interest Receivable	3,423	1,395	312	328	1,533	663	165	629	894	566	617	624	257	26
Pre-Tax Profit	329	-1,160	61,017	-45,471	-136,568	216,314	119,023	14,533	7,713	50,592	30,304	14,332	-16,812	254,461
Tax	-82	0	-11,593	0	0	-41,100	-22,614	-2,906	-1,542	-10,624	-6,970	-3,440	0	-71,249
Profit After Tax	247	-1,160	49,424	-45,471	-136,568	175,214	96,409	11,626	6,170	39,968	23,334	10,892	-16,812	183,212
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	247	-1,160	49,424	-45,471	-136,568	175,214	96,409	11,626	6,170	39,968	23,334	10,892	-16,812	183,212
Employee Costs	605,498	621,424	626,703	382,153	361,190	328,142	331,327	327,971	408,908	523,671	558,745	516,833	745,943	894,276
Number Of Employees	11	12	12	8	8	8	8	8	10	13	14	14	19	22
EBITDA*	111,171	116,257	174,446	33,084	-56,914	292,379	198,583	74,441	59,743	125,876	113,429	94,807	69,455	334,321

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Apr 2023	Apr 2022	Apr 2021	Apr 2020	Apr 2019	Apr 2018	Apr 2017	Apr 2016	Apr 2015	Apr 2014	Apr 2013	Apr 2012	Apr 2011	Apr 2010
Tangible Assets	526,643	581,629	624,319	538,149	374,935	434,494	393,241	390,796	391,710	374,133	411,756	391,899	409,273	425,594
Intangible Assets	0	893	3,891	6,890	9,896	11,549	13,197	14,845	16,493	17,992	19,492	20,992	22,496	23,996
Investments & Other	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	526,643	582,522	628,210	545,039	384,831	446,043	406,438	405,641	408,203	392,125	431,248	412,891	431,769	449,590
Stock & work in progress	169,338	283,550	141,948	93,792	145,366	61,181	81,185	53,746	47,001	51,588	66,486	91,551	33,580	82,968
Trade Debtors	1,122,440	1,207,084	785,930	709,377	886,771	840,199	825,965	462,398	689,196	933,361	986,482	1,022,086	1,169,330	1,427,853
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	70,199	115,144	93,761	53,608	74,906	55,512	52,485	51,136	0	0	0	0	0	0
Cash	557	160,517	211,550	412,401	244,491	164,323	100,874	30,735	220,950	136,511	89,773	156,930	92,489	10,380
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	1,362,534	1,766,295	1,233,189	1,269,178	1,351,534	1,121,215	1,060,509	598,015	957,147	1,121,460	1,142,741	1,270,567	1,295,399	1,521,201
total assets	1,889,177	2,348,817	1,861,399	1,814,217	1,736,365	1,567,258	1,466,947	1,003,656	1,365,350	1,513,585	1,573,989	1,683,458	1,727,168	1,970,791
Bank overdraft	145,895	44,473	0	733	154,246	110,013	226,880	529	0	0	458,424	395,503	262,505	299,955
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	567,442	803,037	537,631	572,427	813,154	640,666	592,851	418,097	916,725	1,060,201	646,320	835,090	1,057,221	1,434,262
Group/Directors Accounts	606,621	872,445	714,599	671,286	195,212	0	0	0	0	0	0	0	0	0
other short term finances	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	16,667	25,000	2,500	34,571	27,426	31,169	58,063	0	0	0	0	0	0
other current liabilities	52,449	114,416	58,344	125,529	74,965	112,611	56,919	49,660	0	0	0	0	0	0
total current liabilities	1,372,407	1,851,038	1,335,574	1,372,475	1,272,148	890,716	907,819	526,349	916,725	1,060,201	1,104,744	1,230,593	1,319,726	1,734,217
loans	0	0	0	0	0	73,687	123,469	127,300	0	0	0	0	0	0
hp & lease commitments	0	0	16,667	0	2,500	4,571	31,997	45,739	0	0	0	0	0	0
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other liabilities	0	0	0	0	0	0	0	0	151,128	173,122	222,075	244,092	212,432	13,262
provisions	120,284	101,540	111,759	93,767	68,270	68,270	48,862	45,877	50,732	39,667	46,543	31,480	28,609	40,099
total long term liabilities	120,284	101,540	128,426	93,767	70,770	146,528	204,328	218,916	201,860	212,789	268,618	275,572	241,041	53,361
total liabilities	1,492,691	1,952,578	1,464,000	1,466,242	1,342,918	1,037,244	1,112,147	745,265	1,118,585	1,272,990	1,373,362	1,506,165	1,560,767	1,787,578
net assets	396,486	396,239	397,399	347,975	393,447	530,014	354,800	258,391	246,765	240,595	200,627	177,293	166,401	183,213
total shareholders funds	396,486	396,239	397,399	347,975	393,447	530,014	354,800	258,391	246,765	240,595	200,627	177,293	166,401	183,213

	Apr 2023	Apr 2022	Apr 2021	Apr 2020	Apr 2019	Apr 2018	Apr 2017	Apr 2016	Apr 2015	Apr 2014	Apr 2013	Apr 2012	Apr 2011	Apr 2010
Operating Activities
Operating Profit	6,663	-1,054	60,728	-41,073	-126,695	233,007	133,802	18,058	6,819	64,925	57,440	35,093	1,211	264,184
Depreciation	103,615	114,313	110,719	71,151	68,128	57,724	63,133	54,735	51,425	59,451	54,489	58,210	66,744	68,637
Amortisation	893	2,998	2,999	3,006	1,653	1,648	1,648	1,648	1,499	1,500	1,500	1,504	1,500	1,500
Tax	-82	0	-11,593	0	0	-41,100	-22,614	-2,906	-1,542	-10,624	-6,970	-3,440	0	-71,249
Stock	-114,212	141,602	48,156	-51,574	84,185	-20,004	27,439	6,745	-4,587	-14,898	-25,065	57,971	-49,388	82,968
Debtors	-129,589	442,537	116,706	-198,692	65,966	17,261	364,916	-175,662	-244,165	-53,121	-35,604	-147,244	-258,523	1,427,853
Creditors	-235,595	265,406	-34,796	-240,727	172,488	47,815	174,754	-498,628	-143,476	413,881	-188,770	-222,131	-377,041	1,434,262
Accruals and Deferred Income	-61,967	56,072	-67,185	50,564	-37,646	55,692	7,259	49,660	0	0	0	0	0	0
Deferred Taxes & Provisions	18,744	-10,219	17,992	25,497	0	19,408	2,985	-4,855	11,065	-6,876	15,063	2,871	-11,490	40,099
Cash flow from operations	76,072	-156,623	-85,998	118,684	-72,223	376,937	-31,388	-213,371	174,542	590,276	-6,579	-38,620	-11,165	226,612
Investing Activities
capital expenditure	-48,629	-71,623	-196,889	-234,365	-8,569	-98,977	-65,578	-53,821	-69,002	-21,828	-74,346	-40,836	-50,423	-519,727
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	-48,629	-71,623	-196,889	-234,365	-8,569	-98,977	-65,578	-53,821	-69,002	-21,828	-74,346	-40,836	-50,423	-519,727
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	-265,824	157,846	43,313	476,074	195,212	0	0	0	0	0	0	0	0	0
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	0	0	0	0	-73,687	-49,782	-3,831	127,300	0	0	0	0	0	0
Hire Purchase and Lease Commitments	-16,667	-25,000	39,167	-34,571	5,074	-31,169	-40,636	103,802	0	0	0	0	0	0
other long term liabilities	0	0	0	0	0	0	0	-151,128	-21,994	-48,953	-22,017	31,660	199,170	13,262
share issue	0	0	0	-1	1	0	0	0	0	0	0	0	0	1
interest	-6,333	-106	290	-4,399	-9,873	-16,694	-14,778	-3,525	894	-14,333	-27,136	-20,761	-18,023	-9,723
cash flow from financing	-288,824	132,740	82,770	437,103	116,727	-97,645	-59,245	76,449	-21,100	-63,286	-49,153	10,899	181,147	3,540
cash and cash equivalents
cash	-159,960	-51,033	-200,851	167,910	80,168	63,449	70,139	-190,215	84,439	46,738	-67,157	64,441	82,109	10,380
overdraft	101,422	44,473	-733	-153,513	44,233	-116,867	226,351	529	0	-458,424	62,921	132,998	-37,450	299,955
change in cash	-261,382	-95,506	-200,118	321,423	35,935	180,316	-156,212	-190,744	84,439	505,162	-130,078	-68,557	119,559	-289,575

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for cloverhill fuels limited. Get real-time insights into cloverhill fuels limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for cloverhill fuels limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.

CLOVERHILL FUELS LIMITED group structure

Cloverhill Fuels Limited has no subsidiary companies.

Ultimate parent company

CLOVERHILL FUELS OIL LIMITED

NI649833

1 parent

CLOVERHILL FUELS LIMITED

NI054838

CLOVERHILL FUELS LIMITED Shareholders

cloverhill fuels oil limited

100%

Cloverhill Fuels Limited currently has 2 directors. The longest serving directors include Mr Brian McLean (May 2006) and Mrs Maxine McLean (Jul 2022).

officer	country	age	start	end	role
Mr Brian McLean	Northern Ireland	53 years	May 2006	-	Director
Mrs Maxine McLean	Northern Ireland	50 years	Jul 2022	-	Director

P&L

April 2023

turnover

9.9m

-4%

operating profit

6.7k

gross margin

11.3%

-4.9%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

April 2023

net assets

396.5k

total assets

1.9m

-0.2%

cash

557

-1%

net assets

Total assets minus all liabilities

Similar Companies

Agree?

crown oil (environmental) limited

hilltop fuels limited

2.5

craggs fuel cards ltd

2.5

gwh fabrications limited

utility exchange online limited

company number

NI054838

Type

Private limited with Share Capital

industry

46120 - Agents involved in the sale of fuels, ores, metals and industrial chemicals

incorporation date

April 2005

age

accounts

Total Exemption Full

ultimate parent company

CLOVERHILL FUELS OIL LIMITED

previous names

N/A

incorporated

address

74 mullagh road, maghera, BT46 5ED

last accounts submitted

April 2023

A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.

We did not find charges/mortgages relating to cloverhill fuels limited.

cloverhill fuels limited Company Information

cloverhill fuels limited Estimated Valuation

cloverhill fuels limited Estimated Valuation

cloverhill fuels limited Estimated Valuation

Cloverhill Fuels Limited Overview

Cloverhill Fuels Limited Health Check

CLOVERHILL FUELS LIMITED financials

cloverhill fuels limited Credit Report and Business Information

Cloverhill Fuels Limited Competitor Analysis

cloverhill fuels limited Ownership

cloverhill fuels limited directors

cloverhill fuels limited company details

cloverhill fuels limited Charges & Mortgages

cloverhill fuels limited Companies House Filings - See Documents