How much does AS24 Fuel Card Ltd make?

AS24 Fuel Card Ltd reported revenue of £27.7m and a loss of £362k in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does AS24 Fuel Card Ltd have?

AS24 Fuel Card Ltd reported an average of 12 employees in the year to 31 Dec 2025.

Is AS24 Fuel Card Ltd profitable?

No — AS24 Fuel Card Ltd reported a loss of £362k in the year to 31 Dec 2025.

Company No. 01895419 · Incorporated 14 Mar 1985

AS24 Fuel Card Ltd

Registered name: AS24 FUEL CARD LTD

AS24 Fuel Card Ltd made £27.7m revenue and a £362k loss in the year to 31 Dec 2025.

AS24 Fuel Card Ltd’s revenue fell 5% to £27.7m in the year to 31 Dec 2025, with a loss of £362k and 12 employees. The company is classified under “retail sale of automotive fuel in specialised stores” and is based in Watford; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 47300Retail sale of automotive fuel in specialised stores

Status: Active
Location: Watford, East of England
Age: 41 yrs · since 1985
Type: Private Limited Company

Latest accounts · year to 31 Dec 2025

Key figures

IndependentCapital-light

Revenue

£27.7m

Growth ▼5.2%

Profit

−£362k

Growth —

Profit margin

−1.3%

Gross 5.8%

Employees

Change ▲9.1%

Profit / employee

−£30.2k

Revenue/employee £2.3m

Profitable streak

0yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£49.8m	£36.1m	£29.2m	£27.7m
Cost of sales	£47.3m	£34.2m	£27.6m	£26.1m
Gross profit	£2.5m	£1.9m	£1.6m	£1.6m
Operating profit	£463k	−£146k	−£560k	−£95k
Profit before tax	£452k	−£188k	−£681k	−£460k
Profit after tax	£375k	−£90.8k	−£530k	−£362k
Profit (best available)	£375k	−£90.8k	−£530k	−£362k
Staff costs	£713k	£746k	£755k	£760k
Employees (average)	11	11	11	12
Ratios
Profit margin	0.8%	−0.3%	−1.8%	−1.3%
Gross margin	5%	5.4%	5.5%	5.8%
Revenue per employee	£4.5m	£3.3m	£2.7m	£2.3m
Profit per employee	£34.1k	−£8.3k	−£48.2k	−£30.2k
Growth (year on year)
Revenue growth	—	▼27.5%	▼19.1%	▼5.2%
Profit growth	—	▼124.2%	—	—
Headcount growth	—	0%	0%	▲9.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£538k	£1.1m	£360k	£833k
Net assets	£427k	−£80.8k	−£524k	£113k
Fixed assets	£434k	£412k	£360k	£420k
Current assets	£9.7m	£8.7m	£7.5m	£6.9m
Debtors	£8.2m	£6.5m	£5.3m	£5.1m
Deferred income	£716k	£219k	£269k	£327k
Source	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: −1.3%; Profit ÷ revenue.
Gross margin: 5.8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £2.3m; Revenue ÷ average employees.
Profit per employee: −£30.2k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 1.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.2%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 18.4%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: —; Now £113k
Cash at bank: ▲132%; Now £833k
Headcount: ▲9%; Now 12
Deferred income: ▲22%; Now £327k
Fixed assets: ▲17%; Now £420k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Minority corporate shareholders

Totalenergies Se (registered outside the UK register)

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit −£362k), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.