gas control equipment limited
gas control equipment limited Company Information
Company Number
02003134
Website
http://gcegroup.comRegistered Address
100 empress park penny lane, haydock, st. helens, merseyside, WA11 9DB
Industry
Manufacture of other general-purpose machinery n.e.c.
Telephone
01942292950
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
gas control equipment (holdings) ltd 100%
gas control equipment limited Estimated Valuation
Pomanda estimates the enterprise value of GAS CONTROL EQUIPMENT LIMITED at £10.2m based on a Turnover of £14.9m and 0.68x industry multiple (adjusted for size and gross margin).
gas control equipment limited Estimated Valuation
Pomanda estimates the enterprise value of GAS CONTROL EQUIPMENT LIMITED at £40.4m based on an EBITDA of £7.3m and a 5.54x industry multiple (adjusted for size and gross margin).
gas control equipment limited Estimated Valuation
Pomanda estimates the enterprise value of GAS CONTROL EQUIPMENT LIMITED at £23.3m based on Net Assets of £13.6m and 1.72x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Gas Control Equipment Limited Overview
Gas Control Equipment Limited is a live company located in st. helens, WA11 9DB with a Companies House number of 02003134. It operates in the manufacture of other general-purpose machinery n.e.c. sector, SIC Code 28290. Founded in March 1986, it's largest shareholder is gas control equipment (holdings) ltd with a 100% stake. Gas Control Equipment Limited is a mature, mid sized company, Pomanda has estimated its turnover at £14.9m with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Gas Control Equipment Limited Health Check
Pomanda's financial health check has awarded Gas Control Equipment Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
5 Weak
Size
annual sales of £14.9m, make it in line with the average company (£12.5m)
£14.9m - Gas Control Equipment Limited
£12.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -12%, show it is growing at a slower rate (4.6%)
-12% - Gas Control Equipment Limited
4.6% - Industry AVG
Production
with a gross margin of 36.8%, this company has a lower cost of product (29.3%)
36.8% - Gas Control Equipment Limited
29.3% - Industry AVG
Profitability
an operating margin of 47.1% make it more profitable than the average company (6.9%)
47.1% - Gas Control Equipment Limited
6.9% - Industry AVG
Employees
with 26 employees, this is below the industry average (64)
26 - Gas Control Equipment Limited
64 - Industry AVG
Pay Structure
on an average salary of £88.6k, the company has a higher pay structure (£45.6k)
£88.6k - Gas Control Equipment Limited
£45.6k - Industry AVG
Efficiency
resulting in sales per employee of £574.5k, this is more efficient (£158.8k)
£574.5k - Gas Control Equipment Limited
£158.8k - Industry AVG
Debtor Days
it gets paid by customers after 57 days, this is near the average (66 days)
57 days - Gas Control Equipment Limited
66 days - Industry AVG
Creditor Days
its suppliers are paid after 23 days, this is quicker than average (48 days)
23 days - Gas Control Equipment Limited
48 days - Industry AVG
Stock Days
it holds stock equivalent to 1 days, this is less than average (107 days)
1 days - Gas Control Equipment Limited
107 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (9 weeks)
0 weeks - Gas Control Equipment Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 29.5%, this is a lower level of debt than the average (43.6%)
29.5% - Gas Control Equipment Limited
43.6% - Industry AVG
GAS CONTROL EQUIPMENT LIMITED financials
Gas Control Equipment Limited's latest turnover from December 2022 is £14.9 million and the company has net assets of £13.6 million. According to their latest financial statements, Gas Control Equipment Limited has 26 employees and maintains cash reserves of £51.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 14,936,638 | 17,909,848 | 18,453,000 | 22,242,000 | 14,570,000 | 10,126,000 | 6,493,000 | 5,401,000 | 7,304,000 | 7,045,000 | 8,273,000 | 7,190,000 | 6,384,000 | 10,248,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 9,435,788 | 11,429,405 | 16,636,000 | 19,028,000 | 11,767,000 | 7,725,000 | 4,436,000 | 3,517,000 | 4,489,000 | 4,108,000 | 5,124,000 | 4,715,000 | 4,602,000 | 7,735,000 |
| Gross Profit | 5,500,850 | 6,480,443 | 1,817,000 | 3,214,000 | 2,803,000 | 2,401,000 | 2,057,000 | 1,884,000 | 2,815,000 | 2,937,000 | 3,149,000 | 2,475,000 | 1,782,000 | 2,513,000 |
| Admin Expenses | -1,530,890 | -2,872,382 | 1,443,000 | 3,762,000 | 3,280,000 | 2,352,000 | 2,295,000 | 1,938,000 | 1,712,000 | 1,571,000 | 499,000 | 1,020,000 | 1,167,000 | 2,165,000 |
| Operating Profit | 7,031,740 | 9,352,825 | 374,000 | -548,000 | -477,000 | 49,000 | -238,000 | -54,000 | 1,103,000 | 1,366,000 | 2,650,000 | 1,455,000 | 615,000 | 348,000 |
| Interest Payable | 231 | 179,086 | 203,000 | 269,000 | 141,000 | 187,000 | 184,000 | 169,000 | 133,000 | 1,332,000 | 1,395,000 | 1,654,000 | 1,674,000 | 1,602,000 |
| Interest Receivable | 89,000 | 0 | 0 | 2,000 | 3,000 | 0 | 0 | 0 | 1,406,000 | 1,134,000 | 1,118,000 | 1,378,000 | 1,359,000 | 1,341,000 |
| Pre-Tax Profit | 7,120,509 | 9,173,739 | 171,000 | -815,000 | -615,000 | -138,000 | -422,000 | -223,000 | 1,126,000 | 1,168,000 | 2,373,000 | 1,179,000 | 300,000 | 87,000 |
| Tax | -1,343,299 | -49,562 | -16,000 | 215,000 | 29,000 | 47,000 | 154,000 | -3,000 | -268,000 | -353,000 | -585,000 | -346,000 | -92,000 | -73,000 |
| Profit After Tax | 5,777,210 | 9,124,177 | 155,000 | -600,000 | -586,000 | -91,000 | -268,000 | -226,000 | 858,000 | 815,000 | 1,788,000 | 833,000 | 208,000 | 14,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 5,777,210 | 9,124,177 | 155,000 | -600,000 | -586,000 | -91,000 | -268,000 | -226,000 | 858,000 | 815,000 | 1,788,000 | 833,000 | 208,000 | 14,000 |
| Employee Costs | 2,302,866 | 1,960,479 | 2,091,000 | 1,100,000 | 935,000 | 1,106,000 | 741,000 | 710,000 | 685,000 | 658,000 | 494,000 | 762,000 | 735,000 | 762,000 |
| Number Of Employees | 26 | 27 | 37 | 26 | 20 | 25 | 23 | 21 | 18 | 14 | 13 | 12 | 13 | 15 |
| EBITDA* | 7,301,060 | 9,352,825 | 1,295,000 | 322,000 | 396,000 | 735,000 | 52,000 | -23,000 | 1,117,000 | 1,375,000 | 2,661,000 | 1,469,000 | 643,000 | 660,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 337,086 | 331,569 | 618,000 | 680,000 | 678,000 | 820,000 | 819,000 | 434,000 | 163,000 | 13,000 | 11,000 | 16,000 | 27,000 | 38,000 |
| Intangible Assets | 406,338 | 490,778 | 907,000 | 1,453,000 | 1,871,000 | 2,168,000 | 2,179,000 | 1,638,000 | 236,000 | 0 | 0 | 0 | 0 | 14,000 |
| Investments & Other | 8,429,362 | 4,454,362 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 9,172,786 | 5,276,709 | 1,525,000 | 2,133,000 | 2,549,000 | 2,988,000 | 2,998,000 | 2,072,000 | 399,000 | 13,000 | 11,000 | 16,000 | 27,000 | 52,000 |
| Stock & work in progress | 27,738 | 87,610 | 1,437,000 | 3,092,000 | 6,180,000 | 3,054,000 | 1,746,000 | 852,000 | 92,000 | 57,000 | 46,000 | 17,000 | 41,000 | 34,000 |
| Trade Debtors | 2,354,995 | 2,448,155 | 2,906,000 | 1,106,000 | 1,048,000 | 0 | 1,358,000 | 1,157,000 | 1,407,000 | 711,000 | 829,000 | 904,000 | 810,000 | 1,197,000 |
| Group Debtors | 7,430,704 | 4,670,859 | 2,405,000 | 6,472,000 | 2,491,000 | 0 | 1,522,000 | 4,043,000 | 6,798,000 | 5,953,000 | 5,696,000 | 4,556,000 | 4,200,000 | 3,378,000 |
| Misc Debtors | 208,228 | 306,066 | 2,176,000 | 2,481,000 | 2,221,000 | 2,910,000 | 245,000 | 210,000 | 17,000 | 11,000 | 11,000 | 14,000 | 13,000 | 28,000 |
| Cash | 51,502 | 5,681 | 0 | 0 | 0 | 1,000 | 1,000 | 1,000 | 11,000 | 105,000 | 78,000 | 110,000 | 183,000 | 534,000 |
| misc current assets | 0 | 0 | 0 | 0 | 1,078,000 | 1,080,000 | 1,251,000 | 884,000 | 987,000 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 10,073,167 | 7,518,371 | 8,924,000 | 13,151,000 | 13,018,000 | 7,045,000 | 6,123,000 | 7,147,000 | 9,312,000 | 6,837,000 | 6,660,000 | 5,601,000 | 5,247,000 | 5,171,000 |
| total assets | 19,245,953 | 12,795,080 | 10,449,000 | 15,284,000 | 15,567,000 | 10,033,000 | 9,121,000 | 9,219,000 | 9,711,000 | 6,850,000 | 6,671,000 | 5,617,000 | 5,274,000 | 5,223,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 619,881 | 450,953 | 1,710,000 | 1,297,000 | 2,244,000 | 0 | 533,000 | 313,000 | 76,000 | 38,000 | 40,000 | 30,000 | 38,000 | 58,000 |
| Group/Directors Accounts | 2,316,675 | 2,335,412 | 1,516,000 | 11,097,000 | 10,379,000 | 0 | 5,592,000 | 5,696,000 | 6,175,000 | 1,786,000 | 1,849,000 | 1,841,000 | 1,898,000 | 2,100,000 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 644,640 | 867,713 | 1,597,000 | 1,676,000 | 1,021,000 | 8,064,000 | 571,000 | 635,000 | 611,000 | 358,000 | 524,000 | 628,000 | 641,000 | 596,000 |
| total current liabilities | 3,581,196 | 3,654,078 | 4,823,000 | 14,070,000 | 13,644,000 | 8,064,000 | 6,696,000 | 6,644,000 | 6,862,000 | 2,182,000 | 2,413,000 | 2,499,000 | 2,577,000 | 2,754,000 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,743,000 | 3,743,000 | 3,743,000 | 3,743,000 | 3,743,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 29,750 | 29,750 | 38,000 | 47,000 | 0 | 55,000 | 40,000 | 44,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 2,059,812 | 869,255 | 287,000 | 0 | 0 | 0 | 0 | 55,000 | 67,000 | 1,000 | 0 | 0 | 0 | 0 |
| total long term liabilities | 2,089,562 | 899,005 | 8,268,000 | 7,136,000 | 6,187,000 | 5,854,000 | 7,121,000 | 5,010,000 | 5,002,000 | 6,104,000 | 4,026,000 | 4,399,000 | 7,033,000 | 7,665,000 |
| total liabilities | 5,670,758 | 4,553,083 | 13,091,000 | 21,206,000 | 19,831,000 | 13,918,000 | 13,817,000 | 11,654,000 | 11,864,000 | 8,286,000 | 6,439,000 | 6,898,000 | 9,610,000 | 10,419,000 |
| net assets | 13,575,195 | 8,241,997 | -2,642,000 | -5,922,000 | -4,264,000 | -3,885,000 | -4,696,000 | -2,435,000 | -2,153,000 | -1,436,000 | 232,000 | -1,281,000 | -4,336,000 | -5,196,000 |
| total shareholders funds | 13,575,195 | 8,241,997 | -2,642,000 | -5,922,000 | -4,264,000 | -3,885,000 | -4,696,000 | -2,435,000 | -2,153,000 | -1,436,000 | 232,000 | -1,281,000 | -4,336,000 | -5,196,000 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 7,031,740 | 9,352,825 | 374,000 | -548,000 | -477,000 | 49,000 | -238,000 | -54,000 | 1,103,000 | 1,366,000 | 2,650,000 | 1,455,000 | 615,000 | 348,000 |
| Depreciation | 145,478 | 0 | 233,000 | 190,000 | 291,000 | 201,000 | 99,000 | 31,000 | 14,000 | 9,000 | 11,000 | 14,000 | 14,000 | 19,000 |
| Amortisation | 123,842 | 0 | 688,000 | 680,000 | 582,000 | 485,000 | 191,000 | 0 | 0 | 0 | 0 | 14,000 | 293,000 | |
| Tax | -1,343,299 | -49,562 | -16,000 | 215,000 | 29,000 | 47,000 | 154,000 | -3,000 | -268,000 | -353,000 | -585,000 | -346,000 | -92,000 | -73,000 |
| Stock | -59,872 | -1,349,390 | -1,655,000 | -3,088,000 | 3,126,000 | 1,308,000 | 894,000 | 760,000 | 35,000 | 11,000 | 29,000 | -24,000 | 7,000 | 34,000 |
| Debtors | 2,568,847 | -61,920 | -2,572,000 | 4,299,000 | 2,850,000 | -215,000 | -2,285,000 | -2,812,000 | 1,547,000 | 139,000 | 1,062,000 | 451,000 | 420,000 | 4,603,000 |
| Creditors | 168,928 | -1,259,047 | 413,000 | -947,000 | 2,244,000 | -533,000 | 220,000 | 237,000 | 38,000 | -2,000 | 10,000 | -8,000 | -20,000 | 58,000 |
| Accruals and Deferred Income | -223,073 | -729,287 | -79,000 | 655,000 | -7,043,000 | 7,493,000 | -64,000 | 24,000 | 253,000 | -166,000 | -104,000 | -13,000 | 45,000 | 596,000 |
| Deferred Taxes & Provisions | 1,190,557 | 582,255 | 287,000 | 0 | 0 | 0 | -55,000 | -12,000 | 66,000 | 1,000 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 4,585,198 | 9,308,494 | 6,127,000 | -966,000 | -10,350,000 | 6,649,000 | 1,698,000 | 2,275,000 | 705,000 | 891,000 | 675,000 | 149,000 | -3,396,000 | |
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 3,975,000 | 4,454,362 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -18,737 | 819,412 | -9,581,000 | 718,000 | 10,379,000 | -5,592,000 | -104,000 | -479,000 | 4,389,000 | -63,000 | 8,000 | -57,000 | -202,000 | 2,100,000 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3,743,000 | 0 | 0 | 0 | 0 | 3,743,000 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | -8,250 | -9,000 | 47,000 | -55,000 | 15,000 | -4,000 | 44,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 88,769 | -179,086 | -203,000 | -267,000 | -138,000 | -187,000 | -184,000 | -169,000 | 1,273,000 | -198,000 | -277,000 | -276,000 | -315,000 | -261,000 |
| cash flow from financing | -373,980 | 2,391,896 | -6,668,000 | -560,000 | 10,393,000 | -4,862,000 | -2,285,000 | -660,000 | 344,000 | -2,744,000 | -544,000 | 1,889,000 | 135,000 | 372,000 |
| cash and cash equivalents | ||||||||||||||
| cash | 45,821 | 5,681 | 0 | 0 | -1,000 | 0 | 0 | -10,000 | -94,000 | 27,000 | -32,000 | -73,000 | -351,000 | 534,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 45,821 | 5,681 | 0 | 0 | -1,000 | 0 | 0 | -10,000 | -94,000 | 27,000 | -32,000 | -73,000 | -351,000 | 534,000 |
gas control equipment limited Credit Report and Business Information
Gas Control Equipment Limited Competitor Analysis
Perform a competitor analysis for gas control equipment limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
gas control equipment limited Ownership
GAS CONTROL EQUIPMENT LIMITED group structure
Gas Control Equipment Limited has 1 subsidiary company.
Ultimate parent company
COLFAX CORP
#0062923
GAS CONTROL EQUIPMENT (HOLDINGS) LTD
#0128517
2 parents
GAS CONTROL EQUIPMENT LIMITED
02003134
1 subsidiary
gas control equipment limited directors
Gas Control Equipment Limited currently has 4 directors. The longest serving directors include Mr Kevin Johnson (Apr 2021) and Mr Nigel Ord (Nov 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Kevin Johnson | United Kingdom | 48 years | Apr 2021 | - | Director |
| Mr Nigel Ord | 57 years | Nov 2021 | - | Director | |
| Mr Curtis Jewell | United Kingdom | 42 years | Feb 2022 | - | Director |
| Ms Sarah Disley-Adkins | United Kingdom | 45 years | Feb 2024 | - | Director |
P&L
December 2022turnover
14.9m
-17%
operating profit
7m
-25%
gross margin
36.9%
+1.78%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
13.6m
+0.65%
total assets
19.2m
+0.5%
cash
51.5k
+8.07%
net assets
Total assets minus all liabilities
gas control equipment limited company details
company number
02003134
Type
Private limited with Share Capital
industry
28290 - Manufacture of other general-purpose machinery n.e.c.
incorporation date
March 1986
age
38
accounts
Full Accounts
ultimate parent company
previous names
esab gas equipment limited (January 1987)
howavon limited (April 1986)
incorporated
UK
address
100 empress park penny lane, haydock, st. helens, merseyside, WA11 9DB
last accounts submitted
December 2022
gas control equipment 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 found 2 charges/mortgages relating to gas control equipment limited. Currently there are 0 open charges and 2 have been satisfied in the past.
gas control equipment limited Companies House Filings - See Documents
| date | description | view/download |
|---|
