Anzoff Limited


Funds Raised


Final AER


Loan term


Auction Closed


Micro Loan Opportunities
Buy Capital Seller's
Price Buyer's
£17.05 +3.33% £17.62 5.00%
£7.93 +3.33% £8.19 5.00%
£7.93 +3.33% £8.19 5.00%

About the Business

Company Name: Anzoff Limited Company Number: 07240405
Business Type: Automotive Years Trading: 4-5 years
Business Location: HIGHBRIDGE

About the Risk

Risk rating


Default rate


Bad debt rate


About the Security

Security Offered:

Personal Guarantee - PG from director and majority shareholder

Est. Equity: 0.00

Risk Indicators Identified:

Important Files

Who are we?

The following business plan and projections is a brief insight into the trading activities of Anzoff Limited which trades as BUNCOMBES GARAGE.

Buncombes Garage is an Independent petrol filling station and is situated in Highbridge , North Somerset, approximately 30miles south of Bristol and occupies a prominent position on the A38 in between Weston-super-Mare and Bridgwater . It is in close proximity to the Burnham on Sea and Brean , which are both highly populated areas that also benefit from being seaside resorts . Buncombes Garage is an operational Forecourt business and is currently trading under the Murco and Spar brands . The filling station benefits from both passing and local trade customers.

The Murco and Spar brand agreements run until May 2017 .

The current fuel solus supply agreement was put in place in May 2013 and since then , gallonage has increased by 180% . The agreement enables the business to remain fully competitive as price support is received from 2 marker sites within 2 miles . The site benefitted from an extensive shop re-fit in June 2013 with shared capex of circa £60000 being spent. Since this period , shop turnover has increased by approximately 135% .


Due to the economic climate , fuel purchasing has become a fundamental cost in business and household expenditure that is now being micro analysed more than ever before . Within the Highbridge/Burnham postcode , there are only 4 petrol filling stations , with Buncombes Garage being one of . There is little supermarket presence and this enables the site to be in line with its nearest competitors , whilst preserving extremely workable margins . Additionally , with the well recognised Spar branded convenience store , consumer confidence in the products sold is high .


Finance is all important in this cash intensive business . With the oil market prices being extremely volatile , strategic purchasing is an area where we would like to benefit from in both an upward and downward market trend . This benefit can only be viable through a flexible affordable cash model

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Loan Offers

What is the loan for?

We are looking for an advance of £54000 over a 5 year period . Repayment of this is within the businesses capabilities

Since 2013 , the business has experienced fuel growth of over 180% and shop growth of 135% by giving the site better identity and being extremely competitive on fuel . We also had a shared write off investment in the store with Spar UK which was a full shop refit . Both turnover and margins are continuing to grow.

The funds will be used to increase working capital within the business . It will enhance our growth plans and aid CAPEX spending that will be needed as the business expands . Part of our CAPEX spending will be the installation of new pumps . We currently are using Gilbarco Highline II pumps which are “ workhorse” pumps . However , in line with the new modern look of the site , we would like to upgrade to Gilbarco Euroline pumps . These are not only aesthetically pleasing but their performance and reliability will enable a better consumer experience . We believe that a quicker dispense will be converted into higher transaction values which will then be reflected in additional shop sales . The cost of these pumps including groundworks will be circa £30,000 . Loan finance is the most suitable route as the estimated useful lives of the pumps are a minimum of 10 years


The loan is to be secured on a personal guarantee and corporate guarantees.

The director has an estimate net worth of £225k. this is primarily through ownership of a property with an estimate value of £740k and approximately £ 291k equity.

The loan is also supported by Corporate guarantees from Yewshore Ltd, Country Road Limited and Multicrown Management Limited.

Why consider investing?


We believe that there are still areas of growth within the business . Since the site rebrand and Spar partnership , as previously mentioned , site turnover has grown rapidly . We believe that there is further growth on both the forecourt and within the shop area as our competitiveness has remained and customer confidence has increased . We have additionally managed to maintain above average margins within the shop due to strategic purchasing and forward thinking .

Gross profit within the shop is now consistently at 28% , after including lower margin products such as cigarettes . This margin does not include unearned/commission based income such as Paypoint , National Lottery or Cashpoint


Our strengths lie in the commercial brands that are currently on site . Renowned fuel and shop symbols give the consumer “ confidence” in purchasing . We will receive ongoing support from both fuel and shop suppliers . Current contractual supplies for both terminate in May 2017. We are in the early stages of planning for further expansion within the shop floor . There is currently circa 80m2 that is currently being used as additional stocking facilities which can be further developed . We have already discussed further co-investment from Spar should the need arise for enhanced shop equipment

Within the local area , there is very small supermarket presence which enables us to earn better margins . This enables the business to be competitive within the proximity . Additionally , it has been noted that during the first 3 months of the year , independent forecourt gallonage has risen . Media indicators believe that due to online food shopping , many consumers are beginning to use roadside forecourts as they no longer receive money off promotional vouchers . Additionally , consumers have moved away from the leading supermarket chains to discount chains who don’t ( and believe won’t) have petrol filling facilities . This has once again led to a fall in supermarket petrol sales . The location of the business is on a transient route and runs parallel to the M5 and is regularly used as an alternative route and especially in the summer months becomes extremely busy . Marker sites are regularly noted to ensure our competitiveness is always maintained



I have worked within the petrol forecourt industry since 1996 . I have managed , owned and traded 3 petrol forecourts at various intervals . I currently own 2 commercial properties which are leased out on lucrative commercial leases and actively run 2 leased sites in the South West . I am a management accountant by trade but have extensive knowledge of petrol retailing and regularly write for the Forecourt Trader journal


Martyn has worked on many projects with myself . He has worked within the petrol industry for 15 years being a franchise operator for BP . He also worked for 9 years with a national convenience store wholesaler and the business will benefit from his wholesale and retail experience .


Jamie has recently passed his BTEC National Diploma in business studies with distinction . He is currently working as manager at another of our petrol filling stations . Jamie is 20 and enthusiastic about the responsibility to work on key growth areas within the business .


Legal – Chris Georgiou – Berry , Redmond and Robinson , Weston super Mare: locally based lawyers for conveyancing and contract law . On a commercial basis , advice on corporate matters would be through Morrison and Foerster , and international legal firm , if the need arose using a Legal 500 representative

All accountancy and financial work would be undertaken by myself with additional financial and tax advice available though ASK Accountants , Weston super mare. Financial planning and advice will be through John Katsouris and Co ., a regulated company of Independent financial advisors


Within retailing , internal controls are of paramount importance , whether financial or logistical . industry figures quote that 70% of forecourt crime comes from staff and therefore enhanced systems will be put in place The till system that we use is the industry recognised HTEC Hydrapos scanning system which links to Background2 forecourt retailing bespoke software .

For accounting SageLine50 accounts software is used to provide further financial information along with Sage Payroll . Accounts information internally is updated on a daily basis with monthly and quarterly management information can be provided , integrating reports from the back office software and prime records . All VAT and PAYE is dealt with internally .

Being a petrol forecourt , Health and Safety is of prime importance and this is addressed using Fuel suppliers compliance manuals along with all other health and Safety procedures including COSHH for risk assessments

Previous Business

Fuel 24 Limited

Fuel 24 Limited had traded successfully and within all facilities from inception in September 2007 . It ran a leasehold petrol filling station in Weston super Mare . In late 2011 , in the midst of the global recession , there were big changes within the oil sector . Where suppliers used credit insurers to securitise their debt , the existing facilities were reduced literally overnight . The company had a 14 day credit facility for £150,000 which was reduced overnight to £50,000 . This put unneeded cash flow pressures on the business . The company asked existing bankers to help fill the imminent void which they did . However , this proved to be short lived and with the new facilities being on an demand overdraft facilities , they began reducing the facility ( and increasing charges)

Fuel 24 Ltd went into voluntary liquidation during December 2012. The decision to liquidate the company followed the failure of the company’s major supplier of nonfuel items, namely Charles Cheddar Ltd, leading that company to be placed into administration. When the company was placed into administration the administrators immediately sought to collect all legitimate credit balances that were with Charles Cheddar, leading to the requirements on Fuel 24 to immediately settle any outstanding invoices that were held with the company. Having sought independent advice , it was decided to that this was the only option

At the time of the liquidation the major creditor of Fuel 24 Limited was myself .

I’m sure you will appreciate that the circumstances leading to Fuel 24 Ltd.’s liquidation was beyond my control but rather were as a result of the activities of other companies with whom i was trading. Further the fact that i was the major creditor at the time of the liquidation indicates that i was severely prejudiced by the whole situation, rather than seeking to use the liquidation as a means to avoid the company’s liabilities .

06/10/2019£1,282.67£1,176.32£106.35Not Due
06/11/2019£1,282.67£1,190.96£91.71Not Due
06/12/2019£1,282.67£1,205.77£76.90Not Due
06/01/2020£1,282.67£1,220.78£61.89Not Due
06/02/2020£1,282.67£1,235.96£46.71Not Due
06/03/2020£1,282.67£1,251.34£31.33Not Due
06/04/2020£1,282.67£1,266.91£15.76Not Due