avanti gas limited

avanti gas limited Company Information

Share AVANTI GAS LIMITED
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MatureMegaHigh

Company Number

00481121

Industry

Wholesale of fuels and related products (other than petroleum and petroleum products)

 

Shareholders

ugi midlands limited

Group Structure

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Contact

Registered Address

ugi house gisborne close, staveley, chesterfield, S43 3JT

avanti gas limited Estimated Valuation

£577m

Pomanda estimates the enterprise value of AVANTI GAS LIMITED at £577m based on a Turnover of £211.5m and 2.73x industry multiple (adjusted for size and gross margin).

avanti gas limited Estimated Valuation

£410.5m

Pomanda estimates the enterprise value of AVANTI GAS LIMITED at £410.5m based on an EBITDA of £19.1m and a 21.52x industry multiple (adjusted for size and gross margin).

avanti gas limited Estimated Valuation

£109.1m

Pomanda estimates the enterprise value of AVANTI GAS LIMITED at £109.1m based on Net Assets of £63.1m and 1.73x industry multiple (adjusted for liquidity).

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Avanti Gas Limited Overview

Avanti Gas Limited is a live company located in chesterfield, S43 3JT with a Companies House number of 00481121. It operates in the wholesale of other fuels and related products sector, SIC Code 46719. Founded in April 1950, it's largest shareholder is ugi midlands limited with a 100% stake. Avanti Gas Limited is a mature, mega sized company, Pomanda has estimated its turnover at £211.5m with high growth in recent years.

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Avanti Gas Limited Health Check

Pomanda's financial health check has awarded Avanti Gas Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

7 Strong

positive_score

2 Regular

positive_score

3 Weak

size

Size

annual sales of £211.5m, make it larger than the average company (£92.9m)

£211.5m - Avanti Gas Limited

£92.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 16%, show it is growing at a similar rate (15.4%)

16% - Avanti Gas Limited

15.4% - Industry AVG

production

Production

with a gross margin of 28.3%, this company has a lower cost of product (6.2%)

28.3% - Avanti Gas Limited

6.2% - Industry AVG

profitability

Profitability

an operating margin of 5.8% make it more profitable than the average company (2.4%)

5.8% - Avanti Gas Limited

2.4% - Industry AVG

employees

Employees

with 311 employees, this is above the industry average (30)

311 - Avanti Gas Limited

30 - Industry AVG

paystructure

Pay Structure

on an average salary of £52.8k, the company has an equivalent pay structure (£53.2k)

£52.8k - Avanti Gas Limited

£53.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £679.9k, this is less efficient (£2.2m)

£679.9k - Avanti Gas Limited

£2.2m - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 40 days, this is later than average (29 days)

40 days - Avanti Gas Limited

29 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 34 days, this is slower than average (26 days)

34 days - Avanti Gas Limited

26 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 4 days, this is less than average (6 days)

4 days - Avanti Gas Limited

6 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (13 weeks)

0 weeks - Avanti Gas Limited

13 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 40%, this is a lower level of debt than the average (67%)

40% - Avanti Gas Limited

67% - Industry AVG

AVANTI GAS LIMITED financials

EXPORTms excel logo

Avanti Gas Limited's latest turnover from September 2023 is £211.5 million and the company has net assets of £63.1 million. According to their latest financial statements, Avanti Gas Limited has 311 employees and maintains cash reserves of £39 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Dec 2011Dec 2010Dec 2009
Turnover211,464,000230,007,000179,834,000133,850,000145,800,000161,441,000133,990,000112,623,000131,638,000178,116,000193,064,000127,484,000176,205,000154,730,000113,302,000
Other Income Or Grants000000000000000
Cost Of Sales151,654,000185,993,000118,126,00090,751,00097,033,000113,958,00088,065,00058,241,00092,947,000141,433,000158,487,000104,813,000148,359,000125,662,00083,942,000
Gross Profit59,810,00044,014,00061,708,00043,099,00048,767,00047,483,00045,925,00054,382,00038,691,00036,683,00034,577,00022,671,00027,846,00029,068,00029,360,000
Admin Expenses47,531,00035,965,00033,615,00032,169,00035,243,00034,158,00031,636,00027,578,00026,632,00025,676,00025,293,00018,548,00026,460,00027,060,00026,161,000
Operating Profit12,279,0008,049,00028,093,00010,930,00013,524,00013,325,00014,289,00026,804,00012,059,00011,007,0009,284,0004,123,0001,386,0002,008,0003,199,000
Interest Payable000000000000000
Interest Receivable853,000104,00020,00067,000128,00052,000107,000207,000164,00056,00035,00031,00038,00044,00040,000
Pre-Tax Profit13,879,0008,153,00028,713,00012,108,00013,652,00013,377,00014,413,00027,364,00012,223,00011,209,0009,422,0004,306,0001,574,0002,186,0003,300,000
Tax-3,301,000-2,078,000-7,679,000-1,850,000-1,723,000-2,652,000-2,684,000-4,904,000-2,410,000-2,218,000-1,775,000159,0002,020,000-850,000-805,000
Profit After Tax10,578,0006,075,00021,034,00010,258,00011,929,00010,725,00011,729,00022,460,0009,813,0008,991,0007,647,0004,465,0003,594,0001,336,0002,495,000
Dividends Paid19,438,0009,000,00013,400,00016,000,00013,250,0004,000,00011,500,00015,000,0001,433,00012,000,00003,500,0001,338,0002,500,0005,660,000
Retained Profit-8,860,000-2,925,0007,634,000-5,742,000-1,321,0006,725,000229,0007,460,0008,380,000-3,009,0007,647,000965,0002,256,000-1,164,000-3,165,000
Employee Costs16,423,00014,416,00014,307,00013,256,00013,051,00012,642,00011,585,0009,928,0009,927,0009,181,0008,455,0005,436,0007,553,0007,309,0007,320,000
Number Of Employees311297308259268249233208194185176172170161164
EBITDA*19,077,00013,754,00033,645,00016,883,00018,506,00018,056,00017,087,00029,124,00014,231,00013,152,00011,258,0005,987,0003,266,0004,955,0005,878,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Dec 2011Dec 2010Dec 2009
Tangible Assets24,915,00024,242,00035,429,00035,578,00041,955,00017,296,00026,221,00024,370,00010,374,00010,043,0009,698,0009,615,0009,967,0009,481,00010,052,000
Intangible Assets9,921,00012,272,0008,443,0009,605,0007,136,0008,087,0001,630,0001,548,000300,000000000
Investments & Other5,034,00016,817,00016,817,00016,817,00024,222,000980,00012,310,00012,375,000616,000230,0000006,0006,000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets39,870,00053,331,00043,872,00045,183,00049,091,00025,383,00027,851,00025,918,00011,290,00010,273,0009,698,0009,615,0009,967,0009,487,00010,058,000
Stock & work in progress1,809,0001,866,0001,254,000893,000778,0001,236,000836,000758,000448,000922,000738,0001,094,0001,253,000919,000922,000
Trade Debtors23,372,00033,445,00030,330,00019,646,00018,447,00027,600,00022,163,00014,675,00015,009,00019,062,00026,187,00017,825,00021,680,00027,426,00016,087,000
Group Debtors31,301,00010,901,0008,083,0004,918,0002,280,0001,975,0001,026,0001,582,0001,665,000684,00000019,993,00018,410,000
Misc Debtors8,746,0006,917,00012,001,0004,975,0006,274,0005,872,0004,550,0004,668,000629,0001,729,000575,0002,097,000717,000276,000369,000
Cash39,00012,779,00013,107,00010,147,00014,725,0008,044,0007,461,00014,979,00026,673,00019,207,00015,455,00010,474,00011,955,00090,00079,000
misc current assets000000000000000
total current assets65,267,00065,908,00064,775,00040,579,00042,504,00044,727,00036,036,00036,662,00044,424,00041,604,00042,955,00031,490,00035,605,00048,704,00035,867,000
total assets105,137,000119,239,000108,647,00085,762,00091,595,00070,110,00063,887,00062,580,00055,714,00051,877,00052,653,00041,105,00045,572,00058,191,00045,925,000
Bank overdraft000000000000091,0001,581,000
Bank loan000000000000000
Trade Creditors 14,424,00014,201,00015,923,0007,360,0008,478,00012,116,00010,690,0007,381,0006,282,00010,877,00014,893,00012,813,00016,242,0006,147,0004,447,000
Group/Directors Accounts13,657,00019,123,0000000006,00067,0007,0004,000154,00023,863,00010,823,000
other short term finances000000000000000
hp & lease commitments107,00051,0000000000000000
other current liabilities9,733,0009,847,00012,253,0007,834,0006,292,0005,798,0006,563,0008,390,00011,133,00011,023,0004,802,0002,924,0004,600,0005,680,0005,182,000
total current liabilities37,921,00043,222,00028,176,00015,194,00014,770,00017,914,00017,253,00015,771,00017,421,00021,967,00019,702,00015,741,00020,996,00035,781,00022,033,000
loans0050,0000000021,00021,00021,00021,00021,00021,00016,000
hp & lease commitments982,000396,0000000000000000
Accruals and Deferred Income000000000000000
other liabilities52,000456,0000021,00021,00021,00021,0000000000
provisions3,064,0003,187,0007,010,0002,574,0002,600,0002,700,0002,096,0002,904,000396,000393,000425,000485,000662,000752,0001,075,000
total long term liabilities4,098,0004,039,0003,555,0001,287,0001,321,0001,371,0001,069,0001,473,000417,000414,000446,000506,000683,000773,0001,091,000
total liabilities42,019,00047,261,00031,731,00016,481,00016,091,00019,285,00018,322,00017,244,00017,838,00022,381,00020,148,00016,247,00021,679,00036,554,00023,124,000
net assets63,118,00071,978,00076,916,00069,281,00075,504,00050,825,00045,565,00045,336,00037,876,00029,496,00032,505,00024,858,00023,893,00021,637,00022,801,000
total shareholders funds63,118,00071,978,00076,916,00069,281,00075,504,00050,825,00045,565,00045,336,00037,876,00029,496,00032,505,00024,858,00023,893,00021,637,00022,801,000
Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit12,279,0008,049,00028,093,00010,930,00013,524,00013,325,00014,289,00026,804,00012,059,00011,007,0009,284,0004,123,0001,386,0002,008,0003,199,000
Depreciation3,995,0003,665,0003,766,0003,950,0003,542,0003,242,0002,495,0002,187,0002,172,0002,145,0001,974,0001,864,0001,880,0002,947,0002,679,000
Amortisation2,803,0002,040,0001,786,0002,003,0001,440,0001,489,000303,000133,0000000000
Tax-3,301,000-2,078,000-7,679,000-1,850,000-1,723,000-2,652,000-2,684,000-4,904,000-2,410,000-2,218,000-1,775,000159,0002,020,000-850,000-805,000
Stock-57,000612,000361,000115,000-458,000400,00078,000310,000-474,000184,000-356,000-159,000334,000-3,000922,000
Debtors12,156,000849,00020,875,0002,538,000-8,446,0007,708,0006,814,0003,622,000-4,172,000-5,287,0006,840,000-2,475,000-25,298,00012,829,00034,866,000
Creditors223,000-1,722,0008,563,000-1,118,000-3,638,0001,426,0003,309,0001,099,000-4,595,000-4,016,0002,080,000-3,429,00010,095,0001,700,0004,447,000
Accruals and Deferred Income-114,000-2,406,0004,419,0001,542,000494,000-765,000-1,827,000-2,743,000110,0006,221,0001,878,000-1,676,000-1,080,000498,0005,182,000
Deferred Taxes & Provisions-123,000-3,823,0004,436,000-26,000-100,000604,000-808,0002,508,0003,000-32,000-60,000-177,000-90,000-323,0001,075,000
Cash flow from operations3,663,0002,264,00022,148,00012,778,00022,443,0008,561,0008,185,00021,152,00011,985,00018,210,0006,897,0003,498,00039,175,000-6,846,000-20,011,000
Investing Activities
capital expenditure-5,120,0001,653,000-4,241,000-2,045,000-28,690,000-2,263,000-4,731,000-17,564,000-2,803,000-2,576,000-1,954,000-1,726,000-2,680,000-1,574,000-12,731,000
Change in Investments-11,783,00000-7,405,00023,242,000-11,330,000-65,00011,759,000386,000230,00000-6,00006,000
cash flow from investments6,663,0001,653,000-4,241,0005,360,000-51,932,0009,067,000-4,666,000-29,323,000-3,189,000-2,806,000-1,954,000-1,726,000-2,674,000-1,574,000-12,737,000
Financing Activities
Bank loans000000000000000
Group/Directors Accounts-5,466,00019,123,00000000-6,000-61,00060,0003,000-150,000-23,709,00013,040,00010,823,000
Other Short Term Loans 000000000000000
Long term loans0-50,00050,0000000-21,000000005,00016,000
Hire Purchase and Lease Commitments642,000447,0000000000000000
other long term liabilities-404,000456,0000-21,00000021,0000000000
share issue0-2,013,0001,000-481,00026,000,000-1,465,0000000000025,966,000
interest853,000104,00020,00067,000128,00052,000107,000207,000164,00056,00035,00031,00038,00044,00040,000
cash flow from financing-4,375,00018,067,00071,000-435,00026,128,000-1,413,000107,000201,000103,000116,00038,000-119,000-23,671,00013,089,00036,845,000
cash and cash equivalents
cash-12,740,000-328,0002,960,000-4,578,0006,681,000583,000-7,518,000-11,694,0007,466,0003,752,0004,981,000-1,481,00011,865,00011,00079,000
overdraft000000000000-91,000-1,490,0001,581,000
change in cash-12,740,000-328,0002,960,000-4,578,0006,681,000583,000-7,518,000-11,694,0007,466,0003,752,0004,981,000-1,481,00011,956,0001,501,000-1,502,000

avanti gas limited Credit Report and Business Information

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Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Avanti Gas Limited Competitor Analysis

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Perform a competitor analysis for avanti gas limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mega companies, companies in S43 area or any other competitors across 12 key performance metrics.

avanti gas limited Ownership

AVANTI GAS LIMITED group structure

Avanti Gas Limited has 5 subsidiary companies.

AVANTI GAS LIMITED Shareholders

ugi midlands limited 100%

avanti gas limited directors

Avanti Gas Limited currently has 5 directors. The longest serving directors include Ms Jessica Milner (Nov 2019) and Mr Robert Drury (Apr 2022).

officercountryagestartendrole
Ms Jessica MilnerEngland47 years Nov 2019- Director
Mr Robert Drury55 years Apr 2022- Director
Ms Megan MatternEngland43 years Jan 2023- Director
Mr Nuno FerreiraNetherlands46 years Oct 2023- Director
Mr Stephen HarrisonEngland55 years Mar 2024- Director

P&L

September 2023

turnover

211.5m

-8%

operating profit

12.3m

+53%

gross margin

28.3%

+47.8%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

September 2023

net assets

63.1m

-0.12%

total assets

105.1m

-0.12%

cash

39k

-1%

net assets

Total assets minus all liabilities

avanti gas limited company details

company number

00481121

Type

Private limited with Share Capital

industry

46719 - Wholesale of fuels and related products (other than petroleum and petroleum products)

incorporation date

April 1950

age

75

incorporated

UK

ultimate parent company

None

accounts

Full Accounts

last accounts submitted

September 2023

previous names

shell gas limited (October 2011)

sgl limited (December 1995)

See more

accountant

-

auditor

ERNST & YOUNG LLP

address

ugi house gisborne close, staveley, chesterfield, S43 3JT

Bank

LLOYDS TSB BANK PLC

Legal Advisor

-

avanti gas limited Charges & Mortgages

A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.

We did not find charges/mortgages relating to avanti gas limited.

avanti gas limited Capital Raised & Share Issues BETA

When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.

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avanti gas limited Companies House Filings - See Documents

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