northern gas networks operations limited Company Information
Company Number
03528783
Next Accounts
Dec 2025
Industry
Other business support service activities n.e.c.
Shareholders
northern gas networks ltd
Group Structure
View All
Contact
Registered Address
1100 century way, thorpe park bussiness park, colton leeds, LS15 8TU
northern gas networks operations limited Estimated Valuation
Pomanda estimates the enterprise value of NORTHERN GAS NETWORKS OPERATIONS LIMITED at £235.2m based on a Turnover of £395.7m and 0.59x industry multiple (adjusted for size and gross margin).
northern gas networks operations limited Estimated Valuation
Pomanda estimates the enterprise value of NORTHERN GAS NETWORKS OPERATIONS LIMITED at £438.1k based on an EBITDA of £100k and a 4.38x industry multiple (adjusted for size and gross margin).
northern gas networks operations limited Estimated Valuation
Pomanda estimates the enterprise value of NORTHERN GAS NETWORKS OPERATIONS LIMITED at £2.3m based on Net Assets of £980k and 2.35x industry multiple (adjusted for liquidity).
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Northern Gas Networks Operations Limited Overview
Northern Gas Networks Operations Limited is a live company located in colton leeds, LS15 8TU with a Companies House number of 03528783. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in March 1998, it's largest shareholder is northern gas networks ltd with a 100% stake. Northern Gas Networks Operations Limited is a mature, mega sized company, Pomanda has estimated its turnover at £395.7m with healthy growth in recent years.
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Northern Gas Networks Operations Limited Health Check
Pomanda's financial health check has awarded Northern Gas Networks Operations Limited a 3.5 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
1 Regular
5 Weak
Size
annual sales of £395.7m, make it larger than the average company (£3.6m)
£395.7m - Northern Gas Networks Operations Limited
£3.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 7%, show it is growing at a similar rate (8.1%)
7% - Northern Gas Networks Operations Limited
8.1% - Industry AVG
Production
with a gross margin of 0%, this company has a higher cost of product (37.4%)
0% - Northern Gas Networks Operations Limited
37.4% - Industry AVG
Profitability
an operating margin of 0% make it less profitable than the average company (5.7%)
0% - Northern Gas Networks Operations Limited
5.7% - Industry AVG
Employees
with 1555 employees, this is above the industry average (22)
1555 - Northern Gas Networks Operations Limited
22 - Industry AVG
Pay Structure
on an average salary of £61.7k, the company has a higher pay structure (£47.2k)
£61.7k - Northern Gas Networks Operations Limited
£47.2k - Industry AVG
Efficiency
resulting in sales per employee of £254.5k, this is more efficient (£148k)
£254.5k - Northern Gas Networks Operations Limited
£148k - Industry AVG
Debtor Days
it gets paid by customers after 3 days, this is earlier than average (36 days)
3 days - Northern Gas Networks Operations Limited
36 days - Industry AVG
Creditor Days
its suppliers are paid after 8 days, this is quicker than average (32 days)
8 days - Northern Gas Networks Operations Limited
32 days - Industry AVG
Stock Days
it holds stock equivalent to 6 days, this is less than average (28 days)
6 days - Northern Gas Networks Operations Limited
28 days - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Northern Gas Networks Operations Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 98.1%, this is a higher level of debt than the average (58.8%)
98.1% - Northern Gas Networks Operations Limited
58.8% - Industry AVG
NORTHERN GAS NETWORKS OPERATIONS LIMITED financials
Northern Gas Networks Operations Limited's latest turnover from March 2024 is £395.7 million and the company has net assets of £980 thousand. According to their latest financial statements, Northern Gas Networks Operations Limited has 1,555 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 395,677,000 | 369,857,000 | 326,688,000 | 320,438,000 | 314,773,000 | 298,365,000 | 295,080,000 | 288,274,000 | 201,663,000 | 241,202,000 | 159,226,000 | 168,240,000 | 173,244,000 | 140,591,000 | 188,780,000 |
Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cost Of Sales | 395,577,000 | 369,757,000 | 326,588,000 | 320,338,000 | 314,673,000 | 298,265,000 | 294,980,000 | 288,174,000 | 201,565,000 | 241,077,000 | 159,126,000 | 168,140,000 | 173,144,000 | 140,846,000 | 187,774,000 |
Gross Profit | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 98,000 | 125,000 | 100,000 | 100,000 | 100,000 | -255,000 | 1,006,000 |
Admin Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 953,000 | 1,405,000 |
Operating Profit | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 98,000 | 125,000 | 100,000 | 100,000 | 100,000 | -1,208,000 | -399,000 |
Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 275,000 | 541,000 |
Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,000 | 3,000 | 0 | 0 |
Pre-Tax Profit | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 98,000 | 125,000 | 100,000 | 102,000 | 103,000 | -1,483,000 | -880,000 |
Tax | -29,000 | -19,000 | -19,000 | -19,000 | -23,000 | -17,000 | 43,000 | -20,000 | -20,000 | -27,000 | 2,000 | -25,000 | -187,000 | 274,000 | 518,000 |
Profit After Tax | 71,000 | 81,000 | 81,000 | 81,000 | 77,000 | 83,000 | 143,000 | 80,000 | 78,000 | 98,000 | 102,000 | 77,000 | -84,000 | -1,209,000 | -362,000 |
Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Retained Profit | 71,000 | 81,000 | 81,000 | 81,000 | 77,000 | 83,000 | 143,000 | 80,000 | 78,000 | 98,000 | 102,000 | 77,000 | -84,000 | -1,209,000 | -362,000 |
Employee Costs | 95,962,000 | 84,992,000 | 77,246,000 | 75,654,000 | 75,349,000 | 75,328,000 | 70,789,000 | 67,440,000 | 64,018,000 | 78,022,000 | 55,461,000 | 52,602,000 | 51,628,000 | 38,758,000 | 48,973,000 |
Number Of Employees | 1,555 | 1,480 | 1,398 | 1,404 | 1,399 | 1,431 | 1,470 | 1,452 | 1,388 | 1,333 | 1,214 | 1,122 | 1,139 | 1,102 | 1,063 |
EBITDA* | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 98,000 | 125,000 | 100,000 | 100,000 | 100,000 | -1,208,000 | -399,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 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 | 0 |
Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Stock & work in progress | 6,659,000 | 5,677,000 | 5,244,000 | 6,257,000 | 4,946,000 | 3,552,000 | 2,560,000 | 2,643,000 | 2,415,000 | 1,973,000 | 2,242,000 | 1,278,000 | 879,000 | 842,000 | 788,000 |
Trade Debtors | 4,174,000 | 264,000 | 789,000 | 1,289,000 | 3,465,000 | 1,805,000 | 361,000 | 120,000 | 1,176,000 | 633,000 | 345,000 | 191,000 | 326,000 | 2,609,000 | 6,106,000 |
Group Debtors | 33,699,000 | 41,177,000 | 30,850,000 | 37,095,000 | 30,008,000 | 26,730,000 | 31,921,000 | 20,412,000 | 19,936,000 | 32,967,000 | 30,645,000 | 25,329,000 | 27,257,000 | 21,431,000 | 749,000 |
Misc Debtors | 7,172,000 | 6,626,000 | 6,249,000 | 4,212,000 | 11,162,000 | 15,841,000 | 5,522,000 | 14,736,000 | 3,567,000 | 811,000 | 4,176,000 | 3,257,000 | 3,821,000 | 4,979,000 | 37,492,000 |
Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 123,000 | 798,000 | 138,000 | 5,410,000 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 51,704,000 | 53,744,000 | 43,132,000 | 48,853,000 | 49,581,000 | 47,928,000 | 40,364,000 | 37,911,000 | 27,094,000 | 36,384,000 | 37,408,000 | 30,178,000 | 33,081,000 | 29,999,000 | 50,545,000 |
total assets | 51,704,000 | 53,744,000 | 43,132,000 | 48,853,000 | 49,581,000 | 47,928,000 | 40,364,000 | 37,911,000 | 27,094,000 | 36,384,000 | 37,408,000 | 30,178,000 | 33,081,000 | 29,999,000 | 50,545,000 |
Bank overdraft | 0 | 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 | 0 |
Trade Creditors | 9,455,000 | 8,597,000 | 6,683,000 | 8,310,000 | 10,064,000 | 4,860,000 | 4,850,000 | 6,524,000 | 4,611,000 | 2,754,000 | 2,601,000 | 1,355,000 | 1,553,000 | 3,404,000 | 3,317,000 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 35,244,000 |
other short term finances | 0 | 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 | 0 |
other current liabilities | 41,269,000 | 44,238,000 | 35,621,000 | 39,796,000 | 38,851,000 | 42,479,000 | 35,008,000 | 31,024,000 | 22,200,000 | 33,425,000 | 34,700,000 | 28,648,000 | 30,680,000 | 25,465,000 | 20,079,000 |
total current liabilities | 50,724,000 | 52,835,000 | 42,304,000 | 48,106,000 | 48,915,000 | 47,339,000 | 39,858,000 | 37,548,000 | 26,811,000 | 36,179,000 | 37,301,000 | 30,003,000 | 32,233,000 | 28,869,000 | 58,640,000 |
loans | 0 | 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 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 170,000 | 920,000 | 1,118,000 | 9,802,000 |
total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 170,000 | 920,000 | 1,118,000 | 9,802,000 |
total liabilities | 50,724,000 | 52,835,000 | 42,304,000 | 48,106,000 | 48,915,000 | 47,339,000 | 39,858,000 | 37,548,000 | 26,811,000 | 36,179,000 | 37,301,000 | 30,173,000 | 33,153,000 | 29,987,000 | 68,442,000 |
net assets | 980,000 | 909,000 | 828,000 | 747,000 | 666,000 | 589,000 | 506,000 | 363,000 | 283,000 | 205,000 | 107,000 | 5,000 | -72,000 | 12,000 | -17,897,000 |
total shareholders funds | 980,000 | 909,000 | 828,000 | 747,000 | 666,000 | 589,000 | 506,000 | 363,000 | 283,000 | 205,000 | 107,000 | 5,000 | -72,000 | 12,000 | -17,897,000 |
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 98,000 | 125,000 | 100,000 | 100,000 | 100,000 | -1,208,000 | -399,000 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | -29,000 | -19,000 | -19,000 | -19,000 | -23,000 | -17,000 | 43,000 | -20,000 | -20,000 | -27,000 | 2,000 | -25,000 | -187,000 | 274,000 | 518,000 |
Stock | 982,000 | 433,000 | -1,013,000 | 1,311,000 | 1,394,000 | 992,000 | -83,000 | 228,000 | 442,000 | 1,973,000 | 964,000 | 399,000 | 37,000 | 842,000 | 788,000 |
Debtors | -3,022,000 | 10,179,000 | -4,708,000 | -2,039,000 | 259,000 | 6,572,000 | 2,536,000 | 10,589,000 | -9,732,000 | 34,411,000 | 6,389,000 | -2,627,000 | 2,385,000 | 29,019,000 | 44,347,000 |
Creditors | 858,000 | 1,914,000 | -1,627,000 | -1,754,000 | 5,204,000 | 10,000 | -1,674,000 | 1,913,000 | 1,857,000 | 2,754,000 | 1,246,000 | -198,000 | -1,851,000 | 3,404,000 | 3,317,000 |
Accruals and Deferred Income | -2,969,000 | 8,617,000 | -4,175,000 | 945,000 | -3,628,000 | 7,471,000 | 3,984,000 | 8,824,000 | -11,225,000 | 33,425,000 | 6,052,000 | -2,032,000 | 5,215,000 | 25,465,000 | 20,079,000 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -170,000 | -750,000 | -198,000 | 1,118,000 | 9,802,000 |
Cash flow from operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -107,000 | -123,000 | -677,000 | 657,000 | -808,000 | -11,818,000 |
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | 0 | 0 | 0 | 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 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 35,244,000 |
Other Short Term Loans | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | |||||||||||||||
interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,000 | 3,000 | -275,000 | -541,000 |
cash flow from financing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 107,000 | 0 | 2,000 | 3,000 | 946,000 | 17,168,000 |
cash and cash equivalents | |||||||||||||||
cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -123,000 | -675,000 | 660,000 | 138,000 | 5,410,000 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -123,000 | -675,000 | 660,000 | 138,000 | 5,410,000 |
northern gas networks operations limited Credit Report and Business Information
Northern Gas Networks Operations Limited Competitor Analysis
Perform a competitor analysis for northern gas networks operations limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mega companies, companies in LS15 area or any other competitors across 12 key performance metrics.
northern gas networks operations limited Ownership
NORTHERN GAS NETWORKS OPERATIONS LIMITED group structure
Northern Gas Networks Operations Limited has no subsidiary companies.
Ultimate parent company
2 parents
NORTHERN GAS NETWORKS OPERATIONS LIMITED
03528783
northern gas networks operations limited directors
Northern Gas Networks Operations Limited currently has 9 directors. The longest serving directors include Mr Hing Kam (Oct 2010) and Mr Andrew Hunter (Oct 2010).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Hing Kam | Hong Kong | 78 years | Oct 2010 | - | Director |
Mr Andrew Hunter | 66 years | Oct 2010 | - | Director | |
Mr Neil McGee | Hong Kong | 73 years | Oct 2010 | - | Director |
Mr Mark Horsley | United Kingdom | 65 years | Jan 2011 | - | Director |
Mr Duncan MacRae | 54 years | Jun 2011 | - | Director | |
Mr Loi Chan | 62 years | Aug 2012 | - | Director | |
Mr Chao Tsai | Hong Kong | 67 years | Feb 2014 | - | Director |
Mr Simon Beer | 44 years | Dec 2016 | - | Director | |
Ms Jenny Yu | United Kingdom | 52 years | Jul 2023 | - | Director |
P&L
March 2024turnover
395.7m
+7%
operating profit
100k
0%
gross margin
0.1%
-6.53%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
980k
+0.08%
total assets
51.7m
-0.04%
cash
0
0%
net assets
Total assets minus all liabilities
northern gas networks operations limited company details
company number
03528783
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
March 1998
age
26
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2024
previous names
united utilities operations limited (November 2010)
united utilities defence partners limited (April 2004)
See moreaccountant
-
auditor
DELOITTE LLP
address
1100 century way, thorpe park bussiness park, colton leeds, LS15 8TU
Bank
-
Legal Advisor
-
northern gas networks operations 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 northern gas networks operations limited.
northern gas networks operations limited Capital Raised & Share Issues BETA
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northern gas networks operations limited Companies House Filings - See Documents
date | description | view/download |
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