THE FUEL EFFECT LTD Financials
- Company number
- 05664073CopyCopy
- Registered office
- Suite 30 2 Mount Sion, Tunbridge Wells, Kent TN1 1UE
- Incorporated
- 03/01/2006
Company snapshot
- Status
- Active
- Employees
- 4 (2024)
- Latest financial data
- 2024
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-17.44%vs 20232023: £283.01K
Total Assets
-25.51%vs 20232023: £619.27K
Total Liabilities
-32.30%vs 20232023: £336.26K
Employees
-1vs 20232023: 5
In 2024, THE FUEL EFFECT LTD reported net assets of £233.65K. The same filing shows total assets of £461.31K and total liabilities of £227.65K. Reported headcount was 4 in 2024. Total Assets fell from £619.27K in 2023 to £461.31K in 2024 (-25.51%). Okredo holds filed figures for 2021–2024; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
-17.44%from £283.01K in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures THE FUEL EFFECT LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-31%vs 2022-16.9% a year compound (CAGR)
Total Assets
-26.5%vs 2022-14.2% a year compound (CAGR)
Total Liabilities
-21.2%vs 2022-11.2% a year compound (CAGR)
Employees
-33.3%vs 2022-2Biggest decrease
Employees-33.3%
6 in 2022 to 4 in 2024
Every indicator Okredo holds for THE FUEL EFFECT LTD fell between 2022 and 2024. The steepest fall came in employee numbers, pointing to a smaller workforce, with net assets, total assets and total liabilities falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from THE FUEL EFFECT LTD's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 50.65%2024
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 49.35%2024
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for THE FUEL EFFECT LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 372.65K | 338.48K | 283.01K | 233.65K |
| Total Assets£ | 661.34K | 627.20K | 619.27K | 461.31K |
| Cash in Bank£ | – | – | – | – |
| Total Liabilities£ | 288.69K | 288.72K | 336.26K | 227.65K |
| Employees | 2 | 6 | 5 | 4 |
THE FUEL EFFECT LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for THE FUEL EFFECT LTD covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.
THE FUEL EFFECT LTD reported net assets of £233.65K for 2024. That compares with £283.01K in 2023, a change of -17.44%.
THE FUEL EFFECT LTD reported total assets of £461.31K for 2024. That compares with £619.27K in 2023, a change of -25.51%.
THE FUEL EFFECT LTD reported total liabilities of £227.65K for 2024. That compares with £336.26K in 2023, a change of -32.30%.
THE FUEL EFFECT LTD reported 4 employees in 2024, compared with 5 in 2023.
Between 2022 and 2024, THE FUEL EFFECT LTD's net assets fell by 31%, total assets fell by 26.5%, total liabilities fell by 21.2% and employee numbers fell by 33.3%. Net assets contracted at 16.9% a year across the two years to 2024, from £338.48K to £233.65K. Reported headcount went from 6 in 2022 to 4 in 2024 (-2).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.