KERNOW OILS LIMITED
Company number 04773016 · Monitor this company
Executive summary
Kernow Oils Limited presents a concerning financial picture despite surface-level net asset growth. The 2024 trading loss of approximately £133,000 (masked by a £177,000 property revaluation) combined with critically low cash reserves of just £3,402 against £1.06 million in current liabilities creates an acute liquidity risk. The company's long-term foundation remains solid with significant property assets and a decade of growth, but immediate action is required to improve cash generation, accelerate debtor collections, and restore profitability before the business faces a potential cash flow crisis.
Shareholders' funds
£792,524
Balance sheet as at 2025-10-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 2003-05-21
- Employees
- 25 (2025 accounts · was 24 in 2024)
- Registered office
- Kernow Oils Ltd, Guildford Road Industrial Estate, Hayle, England, TR27 4QZ
- Postcode
- TR27 4QZ
- Capital
- 100 GBP
- Accounts category
- Total Exemption Full
- Charges
- 1 outstanding
Accounts
- Last made up to
- 2025-10-31
- Next due by
- 2027-07-31
- Financial year end
- 31 October
Confirmation statement
- Last statement dated
- 2026-05-21
- Next due by
- 2027-06-04
Nature of business (SIC)
- 46719 Wholesale of other fuels and related products
Officers 6 current · 3 resigned
Contact details
- Website
- kernow-oils.co.uk
- Phone
- 01736757002
Kernow Oils - As An Industrial Lubricant Specialist & Castrol Distributor, Our Engineers Can Help Reduce Costs & Improve Machine Efficiency.
Previous registered addresses 2
| Address | Changed on |
|---|---|
| WITCHELMS, HALAMANNING, ST HILARY, PENZANCE, CORNWALL, TR20 9HT | 2019-07-16 |
| WITCHELMS, HALAMANNING ST HILARY, PENZANCE, CORNWALL, TR20 9HT | 2003-06-02 |
Among its peers
Among the biggest employers
of 178 similar companies in TR — measured against the wider sector, with 25 staff. 3rd oldest of its local peers.
Competitors Truro
This company ranks 3 among wholesale of other fuels and related products in Truro.
The class of 2003
38%
of the 163,090 companies incorporated in 2003 are still active today; 59% have since been dissolved.
A fact about the year, not a forecast for this company.
Property in England & Wales 1 title
- Freehold
- 1
- Most recent registration
- 2017-04-10
- Price paid, where recorded
- £840,000
- Where
- Cornwall
| Title number | County | Tenure | Registered | Price paid |
|---|---|---|---|---|
| CL57336 | Cornwall | Freehold | 2017-04-10 | £840,000 |
For addresses and the authoritative register entry, use HM Land Registry's official search (£3 per title).
Information produced by HM Land Registry. © Crown copyright 2026. Dataset as at 2026-08.