good energy gas limited
good energy gas limited Company Information
Company Number
05501445
Next Accounts
Sep 2025
Shareholders
good energy group plc
Group Structure
View All
Industry
Distribution of gaseous fuels through mains
Registered Address
good energy, monkton park office, monkton park, chippenham, wiltshire, SN15 1GH
Website
http://www.goodenergy.co.ukgood energy gas limited Estimated Valuation
Pomanda estimates the enterprise value of GOOD ENERGY GAS LIMITED at £45.2m based on a Turnover of £41.4m and 1.09x industry multiple (adjusted for size and gross margin).
good energy gas limited Estimated Valuation
Pomanda estimates the enterprise value of GOOD ENERGY GAS LIMITED at £0 based on an EBITDA of £-7m and a 3.07x industry multiple (adjusted for size and gross margin).
good energy gas limited Estimated Valuation
Pomanda estimates the enterprise value of GOOD ENERGY GAS LIMITED at £10.3m based on Net Assets of £3.9m and 2.68x industry multiple (adjusted for liquidity).
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Good Energy Gas Limited Overview
Good Energy Gas Limited is a live company located in chippenham, SN15 1GH with a Companies House number of 05501445. It operates in the distribution of gaseous fuels through mains sector, SIC Code 35220. Founded in July 2005, it's largest shareholder is good energy group plc with a 100% stake. Good Energy Gas Limited is a mature, large sized company, Pomanda has estimated its turnover at £41.4m with high growth in recent years.
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Good Energy Gas Limited Health Check
Pomanda's financial health check has awarded Good Energy Gas Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 5 areas for improvement. Company Health Check FAQs
6 Strong
0 Regular
5 Weak
Size
annual sales of £41.4m, make it larger than the average company (£33.5m)
£41.4m - Good Energy Gas Limited
£33.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 19%, show it is growing at a faster rate (13.2%)
19% - Good Energy Gas Limited
13.2% - Industry AVG
Production
with a gross margin of -5.7%, this company has a higher cost of product (15.5%)
-5.7% - Good Energy Gas Limited
15.5% - Industry AVG
Profitability
an operating margin of -16.9% make it less profitable than the average company (11.1%)
-16.9% - Good Energy Gas Limited
11.1% - Industry AVG
Employees
with 70 employees, this is above the industry average (48)
70 - Good Energy Gas Limited
48 - Industry AVG
Pay Structure
on an average salary of £49.5k, the company has a lower pay structure (£63.6k)
£49.5k - Good Energy Gas Limited
£63.6k - Industry AVG
Efficiency
resulting in sales per employee of £591.5k, this is less efficient (£1.1m)
£591.5k - Good Energy Gas Limited
£1.1m - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Good Energy Gas Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (9 days)
0 days - Good Energy Gas Limited
9 days - Industry AVG
Stock Days
it holds stock equivalent to 1 days, this is less than average (2 days)
1 days - Good Energy Gas Limited
2 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (8 weeks)
3 weeks - Good Energy Gas Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 60.4%, this is a lower level of debt than the average (75.1%)
60.4% - Good Energy Gas Limited
75.1% - Industry AVG
GOOD ENERGY GAS LIMITED financials
Good Energy Gas Limited's latest turnover from December 2023 is £41.4 million and the company has net assets of £3.9 million. According to their latest financial statements, Good Energy Gas Limited has 70 employees and maintains cash reserves of £427.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | 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 | 41,401,941 | 36,585,385 | 23,490,984 | 24,461,980 | 26,427,200 | 27,905,833 | 25,516,715 | 23,902,514 | 16,411,295 | 11,568,017 | 7,031,581 | 3,998,106 | 2,391,879 | 2,077,532 | 1,170,492 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 43,753,867 | 28,370,188 | 14,850,780 | 16,908,612 | 18,834,171 | 18,575,230 | 17,709,734 | 16,268,824 | 12,987,299 | 9,064,111 | 5,619,651 | 3,134,317 | 1,737,347 | 1,308,591 | 806,292 |
| Gross Profit | -2,351,926 | 8,215,197 | 8,640,204 | 7,553,368 | 7,593,029 | 9,330,603 | 7,806,981 | 7,633,690 | 3,423,996 | 2,503,906 | 1,411,930 | 863,789 | 654,532 | 768,941 | 364,200 |
| Admin Expenses | 4,646,455 | 4,376,189 | 5,175,634 | 5,948,925 | 5,988,297 | 6,608,879 | 5,666,557 | 5,221,461 | 3,109,241 | 1,098,956 | 745,841 | 722,688 | 548,492 | 452,972 | 376,153 |
| Operating Profit | -6,998,381 | 3,839,008 | 3,464,570 | 1,604,443 | 1,604,732 | 2,721,724 | 2,140,424 | 2,412,229 | 314,755 | 1,404,950 | 666,089 | 141,101 | 106,040 | 315,969 | -11,953 |
| Interest Payable | 466 | 3 | 325 | 171 | 135 | 1 | 64 | 4 | 480 | 2,609 | 14,777 | ||||
| Interest Receivable | 359 | 4 | 18,631 | 21,354 | 7,923 | 6,286 | 9,496 | 1,910 | |||||||
| Pre-Tax Profit | -6,998,022 | 3,838,542 | 3,464,574 | 1,604,440 | 1,604,407 | 2,721,553 | 2,140,289 | 2,412,228 | 333,322 | 1,426,310 | 674,012 | 147,387 | 115,056 | 313,360 | -24,820 |
| Tax | 256,453 | -62,281 | -304,844 | -781,270 | -344,909 | -1,759 | -820 | 3,235 | -166,708 | -27,110 | -30,491 | -9,000 | |||
| Profit After Tax | -6,741,569 | 3,776,261 | 3,464,574 | 1,299,596 | 823,137 | 2,376,644 | 2,140,289 | 2,410,469 | 332,502 | 1,429,545 | 507,304 | 120,277 | 84,565 | 304,360 | -24,820 |
| Dividends Paid | 1,500,000 | 2,500,000 | 2,500,000 | 1,800,000 | 200,000 | 200,000 | |||||||||
| Retained Profit | -6,741,569 | 3,776,261 | 3,464,574 | 1,299,596 | -676,863 | -123,356 | -359,711 | 610,469 | 332,502 | 1,429,545 | 507,304 | -79,723 | -115,435 | 304,360 | -24,820 |
| Employee Costs | 3,463,465 | 2,126,551 | 2,501,519 | 2,485,646 | 2,624,524 | 1,833,650 | 1,375,744 | 773,070 | 378,339 | 362,812 | 269,242 | 206,164 | 216,344 | ||
| Number Of Employees | 70 | 60 | 58 | 68 | 69 | ||||||||||
| EBITDA* | -6,998,381 | 3,839,008 | 3,464,570 | 1,604,443 | 1,606,682 | 2,721,724 | 2,140,424 | 2,412,229 | 314,755 | 1,404,950 | 666,089 | 141,101 | 106,040 | 394,902 | 17,079 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | 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 | 401,822 | 1 | |||||||||||||
| Intangible Assets | 1,950 | 1,950 | 1,950 | 1,950 | 1,950 | 1,950 | 1,950 | 1,950 | 47,126 | 52,393 | |||||
| Investments & Other | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 1 | 1 | 1 | 1 | 1 | 1,951 | 1,951 | 1,951 | 1,951 | 1,951 | 1,951 | 1,951 | 1,951 | 448,948 | 52,394 |
| Stock & work in progress | 143,615 | 337,507 | 594,036 | 148,063 | 435,741 | 146,213 | |||||||||
| Trade Debtors | 43,575 | 53,642 | 50,982 | 1,971,361 | 921,167 | 842,211 | 730,862 | 237,353 | 198,507 | 369,212 | 331,950 | ||||
| Group Debtors | 8,301,904 | 10,171,605 | 13,825,992 | 6,275,570 | 30,138,214 | 11,249,551 | 7,610,385 | 4,616,547 | 2,841,297 | 638,707 | 84,971 | 667,345 | 108,238 | ||
| Misc Debtors | 875,373 | 1,069,373 | 790,378 | 65,708 | 1,919,567 | 219,477 | 368,576 | 360,505 | 221,808 | 74,123 | 51,367 | 97,788 | 9,426 | 54,331 | 208,259 |
| Cash | 427,521 | 2,979,236 | 20,307 | 1,167,726 | 188,414 | 94,842 | 44,785 | 373,968 | 402,783 | 2,476,282 | 1,257,974 | 181,070 | 612,160 | 29,927 | 102,406 |
| misc current assets | |||||||||||||||
| total current assets | 9,748,413 | 14,557,721 | 15,230,713 | 7,700,642 | 32,735,578 | 11,761,065 | 8,023,746 | 7,322,381 | 4,387,055 | 4,031,323 | 2,125,174 | 1,183,556 | 928,331 | 453,470 | 642,615 |
| total assets | 9,748,414 | 14,557,722 | 15,230,714 | 7,700,643 | 32,735,579 | 11,763,016 | 8,025,697 | 7,324,332 | 4,389,006 | 4,033,274 | 2,127,125 | 1,185,507 | 930,282 | 902,418 | 695,009 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 25,803 | 1,307,678 | 580,342 | 82,103 | 1,726,552 | 170 | 3,245 | 2,108,106 | 1,639,798 | 1,589,044 | 16,445 | 584,732 | 3,142 | 29,318 | 264 |
| Group/Directors Accounts | 1,592,547 | 1,592,547 | 1,738,983 | 1,541,239 | 27,269,787 | 5,868,627 | 1,679,123 | ||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 4,273,252 | 1,059,116 | 6,089,269 | 2,719,755 | 1,681,290 | 3,159,406 | 2,300,894 | 319,223 | 141,797 | 169,321 | 1,265,316 | 262,715 | 509,357 | 339,882 | 172,984 |
| total current liabilities | 5,891,602 | 3,959,341 | 8,408,594 | 4,343,097 | 30,677,629 | 9,028,203 | 2,304,139 | 4,106,452 | 1,781,595 | 1,758,365 | 1,281,761 | 847,447 | 512,499 | 369,200 | 173,248 |
| loans | 2,863,389 | 292,903 | |||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 2,863,389 | 292,903 | |||||||||||||
| total liabilities | 5,891,602 | 3,959,341 | 8,408,594 | 4,343,097 | 30,677,629 | 9,028,203 | 5,167,528 | 4,106,452 | 1,781,595 | 1,758,365 | 1,281,761 | 847,447 | 512,499 | 369,200 | 466,151 |
| net assets | 3,856,812 | 10,598,381 | 6,822,120 | 3,357,546 | 2,057,950 | 2,734,813 | 2,858,169 | 3,217,880 | 2,607,411 | 2,274,909 | 845,364 | 338,060 | 417,783 | 533,218 | 228,858 |
| total shareholders funds | 3,856,812 | 10,598,381 | 6,822,120 | 3,357,546 | 2,057,950 | 2,734,813 | 2,858,169 | 3,217,880 | 2,607,411 | 2,274,909 | 845,364 | 338,060 | 417,783 | 533,218 | 228,858 |
| Dec 2023 | 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 | -6,998,381 | 3,839,008 | 3,464,570 | 1,604,443 | 1,604,732 | 2,721,724 | 2,140,424 | 2,412,229 | 314,755 | 1,404,950 | 666,089 | 141,101 | 106,040 | 315,969 | -11,953 |
| Depreciation | |||||||||||||||
| Amortisation | 1,950 | 78,933 | 29,032 | ||||||||||||
| Tax | 256,453 | -62,281 | -304,844 | -781,270 | -344,909 | -1,759 | -820 | 3,235 | -166,708 | -27,110 | -30,491 | -9,000 | |||
| Stock | -193,892 | -256,529 | 445,973 | -287,678 | 289,528 | 146,213 | |||||||||
| Debtors | -2,063,701 | -3,375,392 | 8,231,517 | -25,726,570 | 20,591,413 | 3,541,049 | 1,030,548 | 2,964,141 | 2,429,231 | 687,841 | -135,286 | 686,315 | -107,372 | -116,666 | 540,209 |
| Creditors | -1,281,875 | 727,336 | 498,239 | -1,644,449 | 1,726,382 | -3,075 | -2,104,861 | 468,308 | 50,754 | 1,572,599 | -568,287 | 581,590 | -26,176 | 29,054 | 264 |
| Accruals and Deferred Income | 3,214,136 | -5,030,153 | 3,369,514 | 1,038,465 | -1,478,116 | 858,512 | 1,981,671 | 177,426 | -27,524 | -1,095,995 | 1,002,601 | -246,642 | 169,475 | 166,898 | 172,984 |
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | -2,552,074 | 3,105,831 | -1,345,167 | 26,707,863 | -19,807,263 | -455,010 | 986,686 | 92,063 | -2,092,066 | 1,196,948 | 1,068,981 | -237,376 | 326,220 | 698,520 | -349,882 |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 1 | ||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -146,436 | 197,744 | -25,728,548 | 21,401,160 | 5,868,627 | -1,679,123 | 1,679,123 | ||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -2,863,389 | 2,863,389 | -292,903 | 292,903 | |||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | 359 | -466 | 4 | -3 | -325 | -171 | -135 | -1 | 18,567 | 21,350 | 7,923 | 6,286 | 9,016 | -2,609 | -12,867 |
| cash flow from financing | 359 | -146,902 | 197,748 | -25,728,551 | 21,400,835 | 3,005,067 | 1,184,131 | 1,679,122 | 18,567 | 21,350 | 7,923 | 6,286 | 9,016 | -295,512 | 533,714 |
| cash and cash equivalents | |||||||||||||||
| cash | -2,551,715 | 2,958,929 | -1,147,419 | 979,312 | 93,572 | 50,057 | -329,183 | -28,815 | -2,073,499 | 1,218,308 | 1,076,904 | -431,090 | 582,233 | -72,479 | 102,406 |
| overdraft | |||||||||||||||
| change in cash | -2,551,715 | 2,958,929 | -1,147,419 | 979,312 | 93,572 | 50,057 | -329,183 | -28,815 | -2,073,499 | 1,218,308 | 1,076,904 | -431,090 | 582,233 | -72,479 | 102,406 |
good energy gas limited Credit Report and Business Information
Good Energy Gas Limited Competitor Analysis
Perform a competitor analysis for good energy gas limited by selecting its closest rivals, whether from the ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY sector, other large companies, companies in SN15 area or any other competitors across 12 key performance metrics.
good energy gas limited Ownership
GOOD ENERGY GAS LIMITED group structure
Good Energy Gas Limited has no subsidiary companies.
good energy gas limited directors
Good Energy Gas Limited currently has 3 directors. The longest serving directors include Mr Rupert Sanderson (Mar 2020) and Mr Nigel Pocklington (May 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Rupert Sanderson | United Kingdom | 54 years | Mar 2020 | - | Director |
| Mr Nigel Pocklington | England | 53 years | May 2021 | - | Director |
| Mrs Francoise Woodward | England | 53 years | Oct 2023 | - | Director |
P&L
December 2023turnover
41.4m
+13%
operating profit
-7m
-282%
gross margin
-5.6%
-125.3%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
3.9m
-0.64%
total assets
9.7m
-0.33%
cash
427.5k
-0.86%
net assets
Total assets minus all liabilities
good energy gas limited company details
company number
05501445
Type
Private limited with Share Capital
industry
35220 - Distribution of gaseous fuels through mains
incorporation date
July 2005
age
20
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
good gas limited (February 2008)
accountant
-
auditor
MAZARS LLP
address
good energy, monkton park office, monkton park, chippenham, wiltshire, SN15 1GH
Bank
-
Legal Advisor
-
good energy 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 found 5 charges/mortgages relating to good energy gas limited. Currently there are 4 open charges and 1 have been satisfied in the past.
good energy 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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good energy gas limited Companies House Filings - See Documents
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