UK Fuels

What UK Fuels does

UK Fuels is the UK's largest independent fuel card network, providing B2B fuel purchasing and integrated fleet management solutions to over 120,000 UK businesses and the drivers operating their vehicle fleets. Founded in 1990 and headquartered in Crewe, the company operates as a wholly-owned subsidiary of Radius Limited — a privately-held, Sunday Times Top Track 100 group with roughly £2.6 billion in turnover, 2,800+ employees across 25 countries, and 470,000+ customers worldwide. UK Fuels itself maintains offices in Crewe, Glasgow, Ipswich, and York, and serves customers across card-based diesel, petrol, HVO renewable fuel, and EV charging across 8,300+ UK stations (97% postcode coverage) plus 19,000 European stations via the EDC card.

The core product set comprises a portfolio of branded fuel cards — Radius One (flagship), Truckone (HGV), BP Plus, Esso National, Shell Multi, Texaco Fastfuel, JET, and EDC (European) — backed by the Radius Velocity online platform and mobile apps (iOS/Android), which provide card administration, HMRC-compliant invoicing, transaction alerts, driver/vehicle spend reporting, and integrations with telematics (Kinesis), expense management (Velos, with QuickBooks/Xero/Sage/Microsoft Dynamics integrations), EV charging (36,000+ UK points), HGV parking, insurance, telecoms, and carbon offsetting (Radius Future).

Revenue is generated primarily through transaction-based fees (a per-litre margin retained from negotiated station discounts), recurring card charges (≈£2/active card/month), weekly account service fees (up to £25/account), and subscription add-ons (Fleet Control, Vehicle Check). GTM is a hybrid sales-led model: online self-serve applications for SMBs via app.ukfuels.co.uk, phone-based inside sales (0344 880 2468), dedicated account managers for larger fleet operators, plus corporate enquiry forms for enterprise customers. Distribution leverages Radius Velocity as a retention and cross-sell mechanism, with marketing driven by SEO-optimised content, Trustpilot social proof (10,000+ reviews), public-sector procurement vehicles, and partnerships with all major fuel retailers.

Name

UK Fuels

Legal name

UK Fuels Limited

Website

https://ukfuels.co.uk

Company type

Private

Founded year

1990

Operating status

Operating

Headcount range

251–500 employees

Short description

UK Fuels is the UK's largest independent fuel card network, providing B2B fuel purchasing, telematics, expense management, EV charging, and integrated fleet services to over 120,000 UK businesses and 500,000+ drivers. The company operates as the founding subsidiary of Radius Limited.

Ownership category

akta.pro rank

Product category

Fleet Fuel Card Services

NAICS

Fuel Dealers (45721), Fuel Dealers (457210), Gasoline Stations and Fuel Dealers (457)

SIC

Wholesale-Petroleum & Petroleum Products (No Bulk Stations) (5172), Wholesale-Petroleum Bulk Stations & Terminals (5171), Retail-Auto Dealers & Gasoline Stations (5500)

akta.pro primary industry

Fuel Management & Fleet Card Programs (THADAKAH)

akta.pro secondary industries

Commercial & Fleet Fueling (Cardlock, On-Site Tanks, Bulk Delivery) (EUALAIAD), Alternative Transportation Fuels Retail (EV Charging, Hydrogen, CNG/LNG, Biofuels Blends) (EUALAIAI)

Keywords

• Fleet fuel cards
• Fuel management services
• Telematics tracking
• EV charging access
• Fleet expense management

Headquarters

HQ city

Crewe

HQ country

United Kingdom

HQ region

Europe

Offices8 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Technology or R&D, Personnel, Marketing or Sales, Supply Chain, Infrastructure

Revenue model

1. Fuel Card Transaction & Account Fees: UK Fuels charges account service fees (weekly, up to £25 per account), card charges (£2 per active card per month), and various transaction fees including receipt copies (£10), lost/stolen card replacement (£10), transaction queries (£10), site clearance (£10), and paper invoices (£8.99). Account service charge is a percentage fee up to a maximum of £25.00 applied weekly per account.
2. Fleet Control and Insights (Optional): An optional premium add-on at £2.00 per card per month providing detailed spend management, behavioural identification, and bespoke alerting for fuel card accounts.
3. Fuel Price Discounts: UK Fuels earns revenue by negotiating discounts from fuel stations and passing on a portion of savings to customers, retaining the margin. Discounts of up to 10p per litre are available. The company also offers fixed wholesale-related pricing for budget planning.
4. HVO and Alternative Fuels: Revenue generated from sale of Hydrotreated Vegetable Oil (HVO) and other alternative fuels at strategically located truck stops across the UK Fuels network.
5. Telematics Services: Kinesis telematics hardware and software services, integrated with the Radius Velocity platform, providing vehicle tracking and driver monitoring. This is offered as a complementary service to fuel card customers.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels8 records

Core offering

UK Fuels supplies branded fuel cards accepted at over 8,300 UK fuel stations covering 97–98% of UK postcodes, enabling businesses of all sizes to purchase diesel, petrol, HVO renewable fuel and EV charging with consolidated HMRC-compliant invoicing, per-litre discounts of up to 10p, and integrated online management via the Radius Velocity platform, complemented by Kinesis telematics, Velos Expense cards, EV charging access, insurance, telecoms and vehicle leasing.

Product overview

UK Fuels operates as a comprehensive fleet management and fuel card provider offering a portfolio of fuel card products combined with technology platforms. The core offering centers on fuel cards including Radius One (flagship), Truckone (HGV), BP Plus, Esso National, Shell Multi, Texaco Fastfuel, EDC European, and JET cards. These are complemented by the Radius Velocity online management platform and e-route station finder for fleet administration. Additional modules include Kinesis Telematics for vehicle tracking, Velos Expense for non-fuel expense management, EV charging solutions, insurance (Radius Insurance Solutions), business telecoms (Radius Connect), vehicle leasing, and carbon offsetting (Radius Future). The portfolio enables businesses to manage fuel purchasing, vehicle tracking, driver expenses, EV charging, insurance, and telecoms from a single integrated platform.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• Save up to £30,000 per year in fuel costs (HIPPO Fleet case study with 60+ vehicle fleet)
• +4 more outcomes

Named customers1 record

Segments7 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

AI capability3 records

Feature5 records

Partnerships

13 partnerships are on record, tiered core and minor.

• Element 2coreStrategic or Co-development Partner · 21 June 2023Element 2, the UK's leading hydrogen infrastructure company, partnered with Radius and its UK Fuels network to enable over 100,000 commercial fleet customers to access fuel cell grade hydrogen across the UK and make payments with existing UK Fuels cards. This collaboration accelerates the shift towards net zero emissions and represents UK Fuels' entry into hydrogen fuel provision.
• Forest CarboncoreStrategic or Co-development Partner · 11 April 2022UK Fuels partnered with Forest Carbon, a UK-government endorsed carbon offsetting company, to offer a 100% carbon offsetting scheme called Radius Future. Forest Carbon invests in renewable energy projects globally. Customers pay 1 pence per litre of standard fuel, invested by both Forest Carbon and UK Fuels, to offset carbon emissions using UK government conversion factors.
• Motor Fuel Group (MFG)coreChannel Partner/ Reseller/ Distributor · 6 July 2021UK Fuels extended card acceptance to an additional 75 Motor Fuel Group (MFG) independent forecourt stations, contributing to the network growing to over 3,500 fuel stations and reinforcing UK Fuels' position as the UK's largest independent fuel card network.
• Chargepoint EuropecoreStrategic or Co-development Partner · 8 February 2021Radius made significant investment in Chargepoint Europe in 2020, leading to the launch of Radius EV in 2021, a new business division providing home and workplace EV charge points and a dual-fuel card enabling drivers to charge vehicles and buy fuel on one card.
• Sainsbury'scoreChannel Partner/ Reseller/ Distributor · 1 November 2020UK Fuels expanded its network by adding 308 Sainsbury's fuel station locations, bringing total network coverage to 3,350 sites. This agreement made UK Fuels the largest independent fuel card network in the UK and gave Sainsbury's customers access to UK Fuels' commercial fuel pricing.
• Co-opcoreChannel Partner/ Reseller/ Distributor · 5 November 2019UK Fuels added 133 Co-op filling stations to its network under a new agreement. This expanded UK Fuels' network to over 2,950 sites covering 75% of the UK's independently owned filling stations.
• The Burley GroupminorStrategic or Co-development Partner · 1 November 2019Radius acquired The Burley Group, a Sheffield-based insurance broker specialising in fleet and plant sectors, marking Radius's first step into the insurance sector. Burley Group provides complex cover for larger companies and is integrated into Radius Insurance Solutions.
• BPcoreChannel Partner/ Reseller/ DistributorLongstanding relationship with BP. UK Fuels cards are accepted at BP fuel stations, including access to over 3,500 stations through BP Plus fuel card. BP is a key brand partner in UK Fuels' multi-brand network offering.
• ShellcoreChannel Partner/ Reseller/ DistributorLongstanding relationship with Shell. UK Fuels offers the Shell Multi fuel card providing access to Shell stations and other networks combined on one card. Shell is a key brand partner in the UK Fuels multi-network offering.
• EssocoreChannel Partner/ Reseller/ DistributorLongstanding relationship with Esso. UK Fuels' Esso National card provides access to more than 3,600 fuel stations, including 1,200 Esso stations and all BP and Shell stations.
• TexacocoreChannel Partner/ Reseller/ DistributorLongstanding relationship with Texaco. UK Fuels' Texaco Fastfuel card provides access to more than 3,800 stations nationwide, and is the only card offering wholesale prices on petrol as well as diesel.
• Tesco, Morrisons, Asda Express, Sainsbury'scoreChannel Partner/ Reseller/ DistributorUK Fuels has agreements with all major UK supermarket fuel operators. Cards are accepted at Tesco, Morrisons, Sainsbury's, and Asda Express fuel stations, providing customers with access to supermarket forecourts at commercial prices.
• InstaVolt, Gridserve, EZO, Milence, Source EVcoreChannel Partner/ Reseller/ DistributorUK Fuels/Radius has partnerships with multiple EV charging network providers including InstaVolt, Gridserve, EZO, Milence, and Source EV, providing Radius One card holders with access to over 36,000 public charging points across the UK.

Scale indicators14 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Keyfuels: Keyfuels is a UK-focused commercial fuel card provider, particularly strong in HGV and commercial fleet segments. It directly competes with UK Fuels' Truckone and bunkering products for high-volume diesel customers.
• WEX Inc. WEX is a global fuel card and fleet payments provider, directly competing with UK Fuels in commercial fleet payment solutions, fleet management platforms, and EV charging access. WEX operates across multiple geographies, making it the closest publicly traded comparator for UK Fuels' core offering.
• Corpay Fleet (formerly FleetCor): Corpay Fleet is one of the largest global fuel card and corporate payments companies. It directly competes with UK Fuels in B2B fleet fuel cards, telematics integration, and expense management, with overlapping multi-brand station acceptance and similar customer segments.
• Allstar Fuel Card: Allstar is a leading UK fuel card provider offering branded fuel access and fleet payment solutions to commercial customers. It competes head-to-head with UK Fuels across multi-brand station networks, SMB to enterprise fleet coverage, and online management portals.

Emerging players

• Geotab: Geotab is a leading fleet telematics platform that overlaps with UK Fuels' Kinesis Telematics offering. As fleets increasingly adopt third-party telematics, Geotab competes for the vehicle data and analytics layer of UK Fuels' integrated Radius Velocity stack.
• Samsara: Samsara is a fast-growing fleet telematics and IoT platform with strong UK presence. It competes with UK Fuels' Kinesis Telematics for the same mid-market and enterprise fleet customers, often as part of broader fleet management procurement decisions.
• Webfleet (Bridgestone): Webfleet (formerly TomTom Telematics) is a major European fleet telematics provider with broad geographic reach. It overlaps with UK Fuels' telematics positioning, particularly for European fleet operators that UK Fuels also targets via the EDC card.

Broad incumbents

• Shell Fleet Solutions: Shell's owned fuel card business serves similar commercial fleet customers via multi-country acceptance and direct oil-major economics. As both a UK Fuels partner (Shell Multi card) and a competitor, it represents a strategic incumbent with vertical integration advantages.
• Esso Card: Esso's fuel card program serves UK and European commercial fleets via its branded station network. As both a UK Fuels acceptance partner (Esso National card) and a direct competitor, it occupies a similar incumbent position with vertical integration into fuel supply.
• BP Plus: BP Plus is BP's proprietary fuel card business with multi-country commercial fleet coverage. It overlaps significantly with UK Fuels' BP Plus card distribution but competes at the brand-owner level with deeper fuel supply economics and direct customer relationships.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInuk.linkedin.com/company/the-radius-group
• Xx.com/ukfuels

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about UK Fuels