firmus energy (supply) limited

2.5

firmus energy (supply) limited Company Information

Share FIRMUS ENERGY (SUPPLY) LIMITED
Live 
EstablishedMegaRapid

Company Number

05369108

Registered Address

1 bartholomew lane, london, EC2N 2AX

Industry

Distribution of gaseous fuels through mains

 

Telephone

443300249000

Next Accounts Due

September 2025

Group Structure

View All

Directors

Sion Jones5 Years

Sophia Thorpe-Costa4 Years

View All

Shareholders

firmus energy (distribution) ltd 100%

firmus energy (supply) limited Estimated Valuation

£461.8m

Pomanda estimates the enterprise value of FIRMUS ENERGY (SUPPLY) LIMITED at £461.8m based on a Turnover of £250.9m and 1.84x industry multiple (adjusted for size and gross margin).

firmus energy (supply) limited Estimated Valuation

£14.2m

Pomanda estimates the enterprise value of FIRMUS ENERGY (SUPPLY) LIMITED at £14.2m based on an EBITDA of £2.4m and a 5.81x industry multiple (adjusted for size and gross margin).

firmus energy (supply) limited Estimated Valuation

£134.8k

Pomanda estimates the enterprise value of FIRMUS ENERGY (SUPPLY) LIMITED at £134.8k based on Net Assets of £46.9k and 2.87x industry multiple (adjusted for liquidity).

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Firmus Energy (supply) Limited Overview

Firmus Energy (supply) Limited is a live company located in london, EC2N 2AX with a Companies House number of 05369108. It operates in the distribution of gaseous fuels through mains sector, SIC Code 35220. Founded in February 2005, it's largest shareholder is firmus energy (distribution) ltd with a 100% stake. Firmus Energy (supply) Limited is a established, mega sized company, Pomanda has estimated its turnover at £250.9m with rapid growth in recent years.

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Firmus Energy (supply) Limited Health Check

Pomanda's financial health check has awarded Firmus Energy (Supply) Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

4 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £250.9m, make it larger than the average company (£33.9m)

£250.9m - Firmus Energy (supply) Limited

£33.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 41%, show it is growing at a faster rate (11.5%)

41% - Firmus Energy (supply) Limited

11.5% - Industry AVG

production

Production

with a gross margin of 3.4%, this company has a higher cost of product (22.5%)

3.4% - Firmus Energy (supply) Limited

22.5% - Industry AVG

profitability

Profitability

an operating margin of 0.8% make it less profitable than the average company (13.1%)

0.8% - Firmus Energy (supply) Limited

13.1% - Industry AVG

employees

Employees

with 212 employees, this is above the industry average (50)

212 - Firmus Energy (supply) Limited

50 - Industry AVG

paystructure

Pay Structure

on an average salary of £10.7k, the company has a lower pay structure (£61.5k)

£10.7k - Firmus Energy (supply) Limited

£61.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £1.2m, this is equally as efficient (£1.2m)

£1.2m - Firmus Energy (supply) Limited

£1.2m - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 14 days, this is later than average (11 days)

14 days - Firmus Energy (supply) Limited

11 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 0 days, this is quicker than average (7 days)

0 days - Firmus Energy (supply) Limited

7 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Firmus Energy (supply) Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (8 weeks)

6 weeks - Firmus Energy (supply) Limited

8 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 99.9%, this is a higher level of debt than the average (70.4%)

99.9% - Firmus Energy (supply) Limited

70.4% - Industry AVG

FIRMUS ENERGY (SUPPLY) LIMITED financials

EXPORTms excel logo

Firmus Energy (Supply) Limited's latest turnover from December 2023 is £250.9 million and the company has net assets of £46.9 thousand. According to their latest financial statements, we estimate that Firmus Energy (Supply) Limited has 212 employees and maintains cash reserves of £3.7 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover250,906,515291,031,365153,061,39590,108,13099,473,99199,627,97185,104,82890,057,481116,287,094122,847,562118,143,46097,982,08461,347,97944,073,45627,383,286
Other Income Or Grants000000000000000
Cost Of Sales242,457,817269,718,015153,851,19479,572,70889,020,43294,533,82079,234,16282,650,073110,637,174118,757,559117,352,42996,641,74160,085,62443,466,19926,118,268
Gross Profit8,448,69821,313,350-789,79910,535,42210,453,5595,094,1515,870,6667,407,4085,649,9204,090,003791,0311,340,3431,262,355607,2571,265,018
Admin Expenses6,506,7775,799,9324,947,0774,481,7624,194,7894,019,7133,633,9033,904,9214,879,7345,303,4273,540,4493,853,0763,353,8841,216,4121,350,866
Operating Profit1,941,92115,513,418-5,736,8766,053,6606,258,7701,074,4382,236,7633,502,487770,186-1,213,424-2,749,418-2,512,733-2,091,529-609,155-85,848
Interest Payable1,719,4712,021,7531,927,2891,988,9801,984,4081,949,1421,964,8732,166,2342,246,4011,426,275420,603334,304162,058117,769116,927
Interest Receivable00002,3647,085655123,98615,7133,3176082657
Pre-Tax Profit222,45013,491,665-7,664,1654,064,6804,276,726-867,619272,5451,460,239-1,460,502-2,636,382-3,170,021-2,846,955-2,253,581-726,919-306,515
Tax211,944-2,558,734467,042-608,222-727,044-5,669-43,768-370,54016,698524,338435,232570,326520,451240,0002,562
Profit After Tax434,39410,932,931-7,197,1233,456,4583,549,682-873,288228,7771,089,699-1,443,804-2,112,044-2,734,789-2,276,629-1,733,130-486,919-303,953
Dividends Paid000000000000000
Retained Profit434,39410,932,931-7,197,1233,456,4583,549,682-873,288228,7771,089,699-1,443,804-2,112,044-2,734,789-2,276,629-1,733,130-486,919-303,953
Employee Costs2,270,3842,094,0102,142,5182,079,2761,755,9231,537,1151,523,882000056,856123,281238,779323,676
Number Of Employees212261112699879841141261841381299
EBITDA*2,438,52415,533,526-5,551,2516,229,3996,344,3241,151,5732,324,5663,617,648886,077-939,547-2,475,541-2,415,192-1,997,136-531,84049,077

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets35,86146,4342,561,4371,618,1972,793,2772,127,1812,134,1412,176,1002,547,5412,524,8932,000,5551,565,323994,997474,546392,673
Intangible Assets3,670,8443,273,7362,266,6191,630,264865,229318,127325,407406,534452,938231,4191,340,0701,594,332448,282490,9800
Investments & Other08,7160000000000000
Debtors (Due After 1 year)001,253,390786,3481,394,570000000000234,546
Total Fixed Assets3,706,7053,328,8863,574,6662,462,1132,263,9362,445,3082,459,5482,582,6343,000,4792,756,3123,340,6253,159,6551,443,279965,526627,219
Stock & work in progress000000000000000
Trade Debtors10,257,02010,480,74714,790,7296,562,4536,068,9276,014,9235,450,2935,289,4456,467,6708,793,76418,363,12417,857,49814,018,30610,196,8344,731,387
Group Debtors000000000000000
Misc Debtors27,840,62150,201,63729,893,6339,599,12911,720,35210,748,14912,246,70210,191,07212,129,71815,752,6682,577,9352,138,9651,120,982741,303663,909
Cash3,728,9179,876,5988,581,56611,203,9177,098,5144,408,8883,894,9693,363,0331,037,9526,402,5633,605,0995,052,6706,048,7552,524,8533,651,396
misc current assets000000000000000
total current assets41,826,55870,558,98253,265,92827,365,49924,887,79321,171,96021,591,96418,843,55019,635,34030,948,99524,546,15825,049,13321,188,04313,462,9909,046,692
total assets45,533,26373,887,86856,840,59429,827,61227,151,72923,617,26824,051,51221,426,18422,635,81933,705,30727,886,78328,208,78822,631,32214,428,5169,673,911
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 366,289438,974567,182287,227997,3411,148,10152,655144,09171,706279,7881,713,0731,694,8941,686,777444,80472,249
Group/Directors Accounts8,502,4035,768,6710000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities22,843,69351,414,68245,940,80212,010,65212,081,11311,945,57412,601,97610,113,98912,485,70817,047,3232,673,9126,602,18211,027,9642,729,3492,661,075
total current liabilities31,712,38557,622,32746,507,98412,297,87913,078,45413,093,67512,654,63110,258,08012,557,41417,327,1114,386,9858,297,07612,714,7413,174,1532,733,324
loans13,653,00016,653,00021,653,00021,653,00021,653,00021,653,00021,653,00021,653,00021,653,00026,508,98731,518,54525,195,67012,923,91012,528,5627,727,867
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions120,94300000000000000
total long term liabilities13,773,94316,653,00021,653,00021,653,00021,653,00021,653,00021,653,00021,653,00021,653,00026,508,98731,518,54525,195,67012,923,91012,528,5627,727,867
total liabilities45,486,32874,275,32768,160,98433,950,87934,731,45434,746,67534,307,63131,911,08034,210,41443,836,09835,905,53033,492,74625,638,65115,702,71510,461,191
net assets46,935-387,459-11,320,390-4,123,267-7,579,725-11,129,407-10,256,119-10,484,896-11,574,595-10,130,791-8,018,747-5,283,958-3,007,329-1,274,199-787,280
total shareholders funds46,935-387,459-11,320,390-4,123,267-7,579,725-11,129,407-10,256,119-10,484,896-11,574,595-10,130,791-8,018,747-5,283,958-3,007,329-1,274,199-787,280
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit1,941,92115,513,418-5,736,8766,053,6606,258,7701,074,4382,236,7633,502,487770,186-1,213,424-2,749,418-2,512,733-2,091,529-609,155-85,848
Depreciation10,57310,84310,6327,5621,4301,29293390135300000134,925
Amortisation486,0309,265174,993168,17784,12475,84386,870114,260115,538273,877273,87797,54194,39377,3150
Tax211,944-2,558,734467,042-608,222-727,044-5,669-43,768-370,54016,698524,338435,232570,326520,451240,0002,562
Stock000000000000000
Debtors-22,584,74314,744,63228,989,822-2,235,9192,420,777-933,9232,216,478-3,116,871-5,949,0443,605,373944,5964,857,1754,201,1515,308,2955,629,842
Creditors-72,685-128,208279,955-710,114-150,7601,095,446-91,43672,385-208,082-1,433,28518,1798,1171,241,973372,55572,249
Accruals and Deferred Income-28,570,9895,473,88033,930,150-70,461135,539-656,4022,487,987-2,371,719-4,561,61514,373,411-3,928,270-4,425,7828,298,61568,2742,661,075
Deferred Taxes & Provisions120,94300000000000000
Cash flow from operations-3,287,5203,575,832136,0747,076,5213,181,2822,518,8712,460,8714,064,6452,082,1228,919,544-6,894,996-11,119,7063,862,752-5,159,306-2,844,879
Investing Activities
capital expenditure-883,1381,487,778-1,765,220234,306-1,298,752-62,89535,283302,684-360,058310,436-454,847-1,813,917-572,146-650,168-206,365
Change in Investments-8,7168,7160000000000000
cash flow from investments-874,4221,479,062-1,765,220234,306-1,298,752-62,89535,283302,684-360,058310,436-454,847-1,813,917-572,146-650,168-206,365
Financing Activities
Bank loans000000000000000
Group/Directors Accounts2,733,7325,768,6710000000000000
Other Short Term Loans 000000000000000
Long term loans-3,000,000-5,000,000000000-4,855,987-5,009,5586,322,87512,271,760395,3484,800,6957,727,867
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue00000000000000-483,327
interest-1,719,471-2,021,753-1,927,289-1,988,980-1,982,044-1,942,057-1,964,218-2,042,248-2,230,688-1,422,958-420,543-334,222-162,052-117,764-116,920
cash flow from financing-1,985,739-1,253,082-1,927,289-1,988,980-1,982,044-1,942,057-1,964,218-2,042,248-7,086,675-6,432,5165,902,33211,937,538233,2964,682,9317,127,620
cash and cash equivalents
cash-6,147,6811,295,032-2,622,3514,105,4032,689,626513,919531,9362,325,081-5,364,6112,797,464-1,447,571-996,0853,523,902-1,126,5433,651,396
overdraft000000000000000
change in cash-6,147,6811,295,032-2,622,3514,105,4032,689,626513,919531,9362,325,081-5,364,6112,797,464-1,447,571-996,0853,523,902-1,126,5433,651,396

firmus energy (supply) limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Firmus Energy (supply) Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for firmus energy (supply) limited by selecting its closest rivals, whether from the ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY sector, other mega companies, companies in EC2N area or any other competitors across 12 key performance metrics.

firmus energy (supply) limited Ownership

FIRMUS ENERGY (SUPPLY) LIMITED group structure

Firmus Energy (Supply) Limited has no subsidiary companies.

Ultimate parent company

2 parents

FIRMUS ENERGY (SUPPLY) LIMITED

05369108

FIRMUS ENERGY (SUPPLY) LIMITED Shareholders

firmus energy (distribution) ltd 100%

firmus energy (supply) limited directors

Firmus Energy (Supply) Limited currently has 11 directors. The longest serving directors include Mr Sion Jones (Mar 2019) and Ms Sophia Thorpe-Costa (Nov 2019).

officercountryagestartendrole
Mr Sion JonesEngland50 years Mar 2019- Director
Ms Sophia Thorpe-CostaUnited Kingdom37 years Nov 2019- Director
Mr Peter O'FlahertyUnited Kingdom51 years Nov 2019- Director
Mrs Sophia Thorpe-CostaEngland37 years Nov 2019- Director
Mr Peter O'FlahertyEngland51 years Nov 2019- Director
Mrs Sophia Thorpe-CostaEngland37 years Nov 2019- Director
Dr David DobbinNorthern Ireland69 years Jan 2020- Director
Mrs Jennifer PyperEngland61 years Nov 2021- Director
Mr Niall MartindaleEngland50 years Jul 2022- Director
Mr Stephen ElliottEngland66 years Oct 2022- Director

P&L

December 2023

turnover

250.9m

-14%

operating profit

1.9m

-87%

gross margin

3.4%

-54.02%

turnover

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

Balance Sheet

December 2023

net assets

46.9k

-1.12%

total assets

45.5m

-0.38%

cash

3.7m

-0.62%

net assets

Total assets minus all liabilities

firmus energy (supply) limited company details

company number

05369108

Type

Private limited with Share Capital

industry

35220 - Distribution of gaseous fuels through mains

incorporation date

February 2005

age

19

incorporated

UK

ultimate parent company

accounts

Full Accounts

last accounts submitted

December 2023

previous names

bge (ni) supply limited (May 2006)

officemile limited (March 2005)

accountant

-

auditor

ERNST & YOUNG LLP

address

1 bartholomew lane, london, EC2N 2AX

Bank

ULSTER BANK LTD

Legal Advisor

FRESHFIELDS BRUCKHAUS DERINGER LLP

firmus energy (supply) 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 6 charges/mortgages relating to firmus energy (supply) limited. Currently there are 2 open charges and 4 have been satisfied in the past.

charges

firmus energy (supply) limited Companies House Filings - See Documents

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