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Sanjeev and Arani Soosaipillai began their fuel wholesaling business as a bedroom start-up, buying fuel from oil companies and selling it to British businesses. Today State Oil imports fuel from Baltic and other continental refineries, storing it in a facility on the Thames before selling it to customers such as P&O Ferries, the Ministry of Defence and British Nato bases. The company specialises in diesel, petrol, kerosene and gas oil, and also blends biofuels to customer requirements. Sales grew 128% a year from £12.4m in 2006 to £147.2m in 2009.

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Company details
CompanyState Oil
ActivityFuel wholesaler
Annual sales rise over 3 years128.00%
Latest sales £000s147,199

If applicable:

* supplied by company † annualised figure