gas fast limited Company Information
Company Number
05784955
Next Accounts
Jan 2026
Shareholders
wickes group holdings limited
david steven draper
View AllGroup Structure
View All
Industry
Plumbing, heat and air-conditioning installation
Registered Address
vision house 19 colonial way, watford, WD24 4JL
Website
gasfast.orggas fast limited Estimated Valuation
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
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
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).
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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.
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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


8 Strong

2 Regular

2 Weak

Size
annual sales of £27m, make it larger than the average company (£319.6k)
£27m - Gas Fast Limited
£319.6k - Industry AVG

Growth
3 year (CAGR) sales growth of 219%, show it is growing at a faster rate (12.6%)
- Gas Fast Limited
12.6% - Industry AVG

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
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
with 48 employees, this is above the industry average (3)
48 - Gas Fast Limited
3 - Industry AVG

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
resulting in sales per employee of £563.4k, this is more efficient (£115k)
£563.4k - Gas Fast Limited
£115k - Industry AVG

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

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

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

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

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

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 House, Pomanda Estimates
Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 27,044,042 | 33,135,638 | |||||||||||||
Other Income Or Grants | |||||||||||||||
Cost Of Sales | 20,516,867 | 27,216,891 | |||||||||||||
Gross Profit | 6,527,175 | 5,918,747 | |||||||||||||
Admin Expenses | 3,397,736 | 1,977,704 | |||||||||||||
Operating Profit | 3,129,439 | 3,941,043 | |||||||||||||
Interest Payable | |||||||||||||||
Interest Receivable | 26,917 | 2,010 | |||||||||||||
Pre-Tax Profit | 3,156,356 | 3,943,053 | |||||||||||||
Tax | -801,709 | -787,000 | |||||||||||||
Profit After Tax | 2,354,647 | 3,156,053 | |||||||||||||
Dividends Paid | |||||||||||||||
Retained Profit | 2,354,647 | 3,156,053 | |||||||||||||
Employee Costs | 1,503,318 | 1,033,967 | |||||||||||||
Number Of Employees | 48 | 33 | 50 | 4 | 4 | 3 | |||||||||
EBITDA* | 3,228,379 | 3,968,193 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 366,912 | 217,468 | 87,501 | 72,511 | 7,246 | 6,774 | 8,034 | 7,087 | 3,873 | 5,163 | 6,883 | 9,177 | 12,235 | 5,619 | 7,491 |
Intangible Assets | 16,658 | 37,262 | 25,767 | 28,629 | 20,309 | ||||||||||
Investments & Other | 16,240 | 16,240 | 16,240 | 2,115 | 2,115 | 2,115 | 2,115 | 2,115 | 2,115 | ||||||
Debtors (Due After 1 year) | 70,000 | ||||||||||||||
Total Fixed Assets | 399,810 | 270,970 | 129,508 | 173,255 | 29,670 | 8,889 | 10,149 | 9,202 | 5,988 | 5,163 | 6,883 | 9,177 | 12,235 | 5,619 | 7,491 |
Stock & work in progress | 574,293 | 1,111,964 | 54,390 | ||||||||||||
Trade Debtors | 318,074 | 319,063 | 422,223 | 126,285 | 10,536 | 1,123 | 1,115 | 1,973 | |||||||
Group Debtors | |||||||||||||||
Misc Debtors | 2,529,372 | 681,531 | 84,878 | 5,667 | |||||||||||
Cash | 3,576,700 | 3,545,103 | 950,783 | 864,288 | 642,655 | 342,992 | 185,969 | 112,297 | 57,934 | 25,439 | 28,040 | 4,959 | 12,993 | 12,519 | 14,288 |
misc current assets | |||||||||||||||
total current assets | 6,998,439 | 5,657,661 | 1,512,274 | 996,240 | 653,191 | 342,992 | 185,969 | 112,297 | 59,057 | 25,439 | 28,040 | 6,074 | 14,966 | 12,519 | 14,288 |
total assets | 7,398,249 | 5,928,631 | 1,641,782 | 1,169,495 | 682,861 | 351,881 | 196,118 | 121,499 | 65,045 | 30,602 | 34,923 | 15,251 | 27,201 | 18,138 | 21,779 |
Bank overdraft | |||||||||||||||
Bank loan | |||||||||||||||
Trade Creditors | 625,952 | 872,898 | 554,559 | 216,096 | 67,709 | 54,354 | 22,449 | 24,053 | 15,888 | 11,328 | 16,481 | 6,720 | 8,527 | 14,561 | 13,582 |
Group/Directors Accounts | |||||||||||||||
other short term finances | 224 | ||||||||||||||
hp & lease commitments | |||||||||||||||
other current liabilities | 574,830 | 1,245,913 | 482,232 | 356,796 | 207,759 | 76,014 | 55,213 | 72,048 | 16,911 | ||||||
total current liabilities | 1,200,782 | 2,118,811 | 1,037,015 | 572,892 | 275,468 | 130,368 | 77,662 | 96,101 | 32,799 | 11,328 | 16,481 | 6,720 | 8,527 | 14,561 | 13,582 |
loans | 50,000 | 975 | 2,437 | 3,900 | 5,362 | 2,228 | 4,655 | 7,081 | |||||||
hp & lease commitments | |||||||||||||||
Accruals and Deferred Income | |||||||||||||||
other liabilities | 9,508 | 12,134 | 3,017 | 5,279 | |||||||||||
provisions | 82,000 | 49,000 | |||||||||||||
total long term liabilities | 82,000 | 49,000 | 50,000 | 975 | 2,437 | 3,900 | 5,362 | 2,228 | 4,655 | 7,081 | 9,508 | 12,134 | 3,017 | 5,279 | |
total liabilities | 1,282,782 | 2,167,811 | 1,037,015 | 622,892 | 276,443 | 132,805 | 81,562 | 101,463 | 35,027 | 15,983 | 23,562 | 16,228 | 20,661 | 17,578 | 18,861 |
net assets | 6,115,467 | 3,760,820 | 604,767 | 546,603 | 406,418 | 219,076 | 114,556 | 20,036 | 30,018 | 14,619 | 11,361 | -977 | 6,540 | 560 | 2,918 |
total shareholders funds | 6,115,467 | 3,760,820 | 604,767 | 546,603 | 406,418 | 219,076 | 114,556 | 20,036 | 30,018 | 14,619 | 11,361 | -977 | 6,540 | 560 | 2,918 |
Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | 3,129,439 | 3,941,043 | |||||||||||||
Depreciation | 68,063 | 24,395 | 17,488 | 12,788 | 3,126 | 2,748 | 3,173 | 2,443 | 1,290 | 1,720 | 2,294 | 3,058 | 1,547 | 1,872 | 2,497 |
Amortisation | 30,877 | 2,755 | 2,862 | 3,180 | 2,316 | ||||||||||
Tax | -801,709 | -787,000 | |||||||||||||
Stock | -537,671 | 1,057,574 | 54,390 | ||||||||||||
Debtors | 1,846,852 | 493,493 | 305,149 | 191,416 | 10,536 | -1,123 | 1,123 | -1,115 | -858 | 1,973 | |||||
Creditors | -246,946 | 318,339 | 338,463 | 148,387 | 13,355 | 31,905 | -1,604 | 8,165 | 4,560 | -5,153 | 9,761 | -1,807 | -6,034 | 979 | 13,582 |
Accruals and Deferred Income | -671,083 | 763,681 | 125,436 | 149,037 | 131,745 | 20,801 | -16,835 | 55,137 | 16,911 | ||||||
Deferred Taxes & Provisions | 33,000 | 49,000 | |||||||||||||
Cash flow from operations | 232,460 | 2,761,146 | |||||||||||||
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | 14,125 | 2,115 | |||||||||||||
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | |||||||||||||||
Group/Directors Accounts | |||||||||||||||
Other Short Term Loans | -224 | 224 | |||||||||||||
Long term loans | -50,000 | 49,025 | -1,462 | -1,463 | -1,462 | 3,134 | -2,427 | -2,426 | 7,081 | ||||||
Hire Purchase and Lease Commitments | |||||||||||||||
other long term liabilities | -9,508 | -2,626 | 9,117 | -2,262 | 5,279 | ||||||||||
share issue | |||||||||||||||
interest | 26,917 | 2,010 | |||||||||||||
cash flow from financing | 26,917 | 1,786 | |||||||||||||
cash and cash equivalents | |||||||||||||||
cash | 31,597 | 2,594,320 | 86,495 | 221,633 | 299,663 | 157,023 | 73,672 | 54,363 | 32,495 | -2,601 | 23,081 | -8,034 | 474 | -1,769 | 14,288 |
overdraft | |||||||||||||||
change in cash | 31,597 | 2,594,320 | 86,495 | 221,633 | 299,663 | 157,023 | 73,672 | 54,363 | 32,495 | -2,601 | 23,081 | -8,034 | 474 | -1,769 | 14,288 |
gas fast limited Credit Report and Business Information
Gas Fast Limited Competitor Analysis

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 directors
Gas Fast Limited currently has 5 directors. The longest serving directors include Mr David Draper (Apr 2006) and Miss Alison Draper (Dec 2020).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr David Draper | England | 45 years | Apr 2006 | - | Director |
Miss Alison Draper | England | 42 years | Dec 2020 | - | Director |
Mr Mark George | United Kingdom | 50 years | May 2024 | - | Director |
Mr Mark Cooke | United Kingdom | 54 years | May 2024 | - | Director |
Mr Gary Kibble | United Kingdom | 53 years | May 2024 | - | Director |
P&L
April 2024turnover
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 2024net 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
date | description | view/download |
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