gas fast limited

Live EstablishedLargeRapid

gas fast limited Company Information

Share GAS FAST LIMITED

Company Number

05784955

Directors

David Draper

Alison Draper

View All

Shareholders

wickes group holdings limited

david steven draper

View All

Group Structure

View All

Industry

Plumbing, heat and air-conditioning installation

 

Registered Address

vision house 19 colonial way, watford, WD24 4JL

gas fast limited Estimated Valuation

£20.8m

Pomanda estimates the enterprise value of GAS FAST LIMITED at £20.8m based on a Turnover of £27m and 0.77x industry multiple (adjusted for size and gross margin).

gas fast limited Estimated Valuation

£21m

Pomanda estimates the enterprise value of GAS FAST LIMITED at £21m based on an EBITDA of £3.2m and a 6.52x industry multiple (adjusted for size and gross margin).

gas fast limited Estimated Valuation

£17.3m

Pomanda estimates the enterprise value of GAS FAST LIMITED at £17.3m based on Net Assets of £6.1m and 2.83x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Gas Fast Limited Overview

Gas Fast Limited is a live company located in watford, WD24 4JL with a Companies House number of 05784955. It operates in the plumbing, heat and air-conditioning installation sector, SIC Code 43220. Founded in April 2006, it's largest shareholder is wickes group holdings limited with a 51% stake. Gas Fast Limited is a established, large sized company, Pomanda has estimated its turnover at £27m with rapid growth in recent years.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

Gas Fast Limited Health Check

Pomanda's financial health check has awarded Gas Fast Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

8 Strong

positive_score

2 Regular

positive_score

2 Weak

size

Size

annual sales of £27m, make it larger than the average company (£319.6k)

£27m - Gas Fast Limited

£319.6k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 219%, show it is growing at a faster rate (12.6%)

219% - Gas Fast Limited

12.6% - Industry AVG

production

Production

with a gross margin of 24.1%, this company has a higher cost of product (31.1%)

24.1% - Gas Fast Limited

31.1% - Industry AVG

profitability

Profitability

an operating margin of 11.6% make it more profitable than the average company (6.2%)

11.6% - Gas Fast Limited

6.2% - Industry AVG

employees

Employees

with 48 employees, this is above the industry average (3)

48 - Gas Fast Limited

3 - Industry AVG

paystructure

Pay Structure

on an average salary of £31.3k, the company has an equivalent pay structure (£32.7k)

£31.3k - Gas Fast Limited

£32.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £563.4k, this is more efficient (£115k)

£563.4k - Gas Fast Limited

£115k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 4 days, this is earlier than average (49 days)

4 days - Gas Fast Limited

49 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 11 days, this is quicker than average (46 days)

11 days - Gas Fast Limited

46 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 10 days, this is in line with average (12 days)

10 days - Gas Fast Limited

12 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 154 weeks, this is more cash available to meet short term requirements (20 weeks)

154 weeks - Gas Fast Limited

20 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 17.3%, this is a lower level of debt than the average (64.6%)

17.3% - Gas Fast Limited

64.6% - Industry AVG

GAS FAST LIMITED financials

EXPORTms excel logo

Gas Fast Limited's latest turnover from April 2024 is £27 million and the company has net assets of £6.1 million. According to their latest financial statements, Gas Fast Limited has 48 employees and maintains cash reserves of £3.6 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Turnover27,044,04233,135,6383,256,760834,933255,821299,605112,844122,09839,08355,05482,92719,30926,81365,10963,042
Other Income Or Grants
Cost Of Sales20,516,86727,216,8912,289,135592,672176,796196,75375,11679,04525,42736,16852,69011,97716,76439,52937,478
Gross Profit6,527,1755,918,747967,624242,26179,026102,85237,72743,05213,65618,88630,2377,33210,04925,58025,564
Admin Expenses3,397,7361,977,704900,92868,393-151,872-24,415-78,52053,010-5,60814,56614,47214,8942,24428,00521,686
Operating Profit3,129,4393,941,04366,696173,868230,898127,267116,247-9,95819,2644,32015,765-7,5627,805-2,4253,878
Interest Payable1,6951,555104214301237224381230
Interest Receivable26,9172,0106,8077534931,9847462132081348345646736
Pre-Tax Profit3,156,3563,943,05371,807173,067231,286129,037116,691-9,98219,2494,07315,618-7,5177,868-2,3583,914
Tax-801,709-787,000-13,643-32,883-43,944-24,517-22,171-3,850-814-3,280-1,888-1,096
Profit After Tax2,354,6473,156,05358,164140,184187,342104,52094,520-9,98215,3993,25812,338-7,5175,980-2,3582,818
Dividends Paid
Retained Profit2,354,6473,156,05358,164140,184187,342104,52094,520-9,98215,3993,25812,338-7,5175,980-2,3582,818
Employee Costs1,503,3181,033,9671,705,857129,994134,350104,96734,35066,36935,49934,87835,31634,79034,84433,36532,138
Number Of Employees483350443121111111
EBITDA*3,228,3793,968,19387,046189,836236,340130,015119,420-7,51520,5546,04018,059-4,5049,352-5536,375

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Tangible Assets366,912217,46887,50172,5117,2466,7748,0347,0873,8735,1636,8839,17712,2355,6197,491
Intangible Assets16,65837,26225,76728,62920,309
Investments & Other16,24016,24016,2402,1152,1152,1152,1152,1152,115
Debtors (Due After 1 year)70,000
Total Fixed Assets399,810270,970129,508173,25529,6708,88910,1499,2025,9885,1636,8839,17712,2355,6197,491
Stock & work in progress574,2931,111,96454,390
Trade Debtors318,074319,063422,223126,28510,5361,1231,1151,973
Group Debtors
Misc Debtors2,529,372681,53184,8785,667
Cash3,576,7003,545,103950,783864,288642,655342,992185,969112,29757,93425,43928,0404,95912,99312,51914,288
misc current assets
total current assets6,998,4395,657,6611,512,274996,240653,191342,992185,969112,29759,05725,43928,0406,07414,96612,51914,288
total assets7,398,2495,928,6311,641,7821,169,495682,861351,881196,118121,49965,04530,60234,92315,25127,20118,13821,779
Bank overdraft
Bank loan
Trade Creditors 625,952872,898554,559216,09667,70954,35422,44924,05315,88811,32816,4816,7208,52714,56113,582
Group/Directors Accounts
other short term finances224
hp & lease commitments
other current liabilities574,8301,245,913482,232356,796207,75976,01455,21372,04816,911
total current liabilities1,200,7822,118,8111,037,015572,892275,468130,36877,66296,10132,79911,32816,4816,7208,52714,56113,582
loans50,0009752,4373,9005,3622,2284,6557,081
hp & lease commitments
Accruals and Deferred Income
other liabilities9,50812,1343,0175,279
provisions82,00049,000
total long term liabilities82,00049,00050,0009752,4373,9005,3622,2284,6557,0819,50812,1343,0175,279
total liabilities1,282,7822,167,8111,037,015622,892276,443132,80581,562101,46335,02715,98323,56216,22820,66117,57818,861
net assets6,115,4673,760,820604,767546,603406,418219,076114,55620,03630,01814,61911,361-9776,5405602,918
total shareholders funds6,115,4673,760,820604,767546,603406,418219,076114,55620,03630,01814,61911,361-9776,5405602,918
Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Operating Activities
Operating Profit3,129,4393,941,04366,696173,868230,898127,267116,247-9,95819,2644,32015,765-7,5627,805-2,4253,878
Depreciation68,06324,39517,48812,7883,1262,7483,1732,4431,2901,7202,2943,0581,5471,8722,497
Amortisation30,8772,7552,8623,1802,316
Tax-801,709-787,000-13,643-32,883-43,944-24,517-22,171-3,850-814-3,280-1,888-1,096
Stock-537,6711,057,57454,390
Debtors1,846,852493,493305,149191,41610,536-1,1231,123-1,115-8581,973
Creditors-246,946318,339338,463148,38713,35531,905-1,6048,1654,560-5,1539,761-1,807-6,03497913,582
Accruals and Deferred Income-671,083763,681125,436149,037131,74520,801-16,83555,13716,911
Deferred Taxes & Provisions33,00049,000
Cash flow from operations232,4602,761,146177,763262,961326,960158,20478,81056,91037,0527325,655-5,453-54342618,861
Investing Activities
capital expenditure-32,478-89,553-26,223-1,488-4,120-5,657-8,163-9,988
Change in Investments14,1252,115
cash flow from investments-46,603-89,553-26,223-1,488-4,120-5,657-2,115-8,163-9,988
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans -224224
Long term loans-50,00049,025-1,462-1,463-1,4623,134-2,427-2,4267,081
Hire Purchase and Lease Commitments
other long term liabilities-9,508-2,6269,117-2,2625,279
share issue1100
interest26,9172,0105,112-8023891,770445-24-16-247-14745646736
cash flow from financing26,9171,786-44,66448,224-1,073307-1,0173,110-2,443-2,673-2,574-2,5819,181-2,1955,415
cash and cash equivalents
cash31,5972,594,32086,495221,633299,663157,02373,67254,36332,495-2,60123,081-8,034474-1,76914,288
overdraft
change in cash31,5972,594,32086,495221,633299,663157,02373,67254,36332,495-2,60123,081-8,034474-1,76914,288

gas fast limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for gas fast limited. Get real-time insights into gas fast limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Gas Fast Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for gas fast limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other large companies, companies in WD24 area or any other competitors across 12 key performance metrics.

gas fast limited Ownership

GAS FAST LIMITED group structure

Gas Fast Limited has no subsidiary companies.

Ultimate parent company

2 parents

GAS FAST LIMITED

05784955

GAS FAST LIMITED Shareholders

wickes group holdings limited 51%
david steven draper 22.05%
kylie louise draper 22.05%
alison lindsey draper 4.9%

gas fast limited directors

Gas Fast Limited currently has 5 directors. The longest serving directors include Mr David Draper (Apr 2006) and Miss Alison Draper (Dec 2020).

officercountryagestartendrole
Mr David DraperEngland45 years Apr 2006- Director
Miss Alison DraperEngland42 years Dec 2020- Director
Mr Mark GeorgeUnited Kingdom50 years May 2024- Director
Mr Mark CookeUnited Kingdom54 years May 2024- Director
Mr Gary KibbleUnited Kingdom53 years May 2024- Director

P&L

April 2024

turnover

27m

-18%

operating profit

3.1m

-21%

gross margin

24.2%

+35.12%

turnover

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

Balance Sheet

April 2024

net assets

6.1m

+0.63%

total assets

7.4m

+0.25%

cash

3.6m

+0.01%

net assets

Total assets minus all liabilities

gas fast limited company details

company number

05784955

Type

Private limited with Share Capital

industry

43220 - Plumbing, heat and air-conditioning installation

incorporation date

April 2006

age

19

incorporated

UK

ultimate parent company

accounts

Full Accounts

last accounts submitted

April 2024

previous names

gas fast (uk) limited (July 2009)

accountant

-

auditor

WATSON BUCKLE LIMITED

address

vision house 19 colonial way, watford, WD24 4JL

Bank

-

Legal Advisor

-

gas fast 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 gas fast limited.

gas fast 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.

Click to start generating capital raising & share issue transactions for GAS FAST LIMITED. This can take several minutes, an email will notify you when this has completed.

gas fast limited Companies House Filings - See Documents

datedescriptionview/download