sgn evolve network ltd
sgn evolve network ltd Company Information
Company Number
08822715
Next Accounts
Dec 2025
Shareholders
sgn midco limited
Group Structure
View All
Industry
Distribution of gaseous fuels through mains
Registered Address
st lawrence house, station approach, horley, surrey, RH6 9HJ
Website
www.sgn.co.uksgn evolve network ltd Estimated Valuation
Pomanda estimates the enterprise value of SGN EVOLVE NETWORK LTD at £13.7m based on a Turnover of £7.8m and 1.76x industry multiple (adjusted for size and gross margin).
sgn evolve network ltd Estimated Valuation
Pomanda estimates the enterprise value of SGN EVOLVE NETWORK LTD at £11.7m based on an EBITDA of £2.4m and a 4.96x industry multiple (adjusted for size and gross margin).
sgn evolve network ltd Estimated Valuation
Pomanda estimates the enterprise value of SGN EVOLVE NETWORK LTD at £0 based on Net Assets of £-1.6m and 2.68x industry multiple (adjusted for liquidity).
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Sgn Evolve Network Ltd Overview
Sgn Evolve Network Ltd is a live company located in horley, RH6 9HJ with a Companies House number of 08822715. It operates in the distribution of gaseous fuels through mains sector, SIC Code 35220. Founded in December 2013, it's largest shareholder is sgn midco limited with a 100% stake. Sgn Evolve Network Ltd is a established, mid sized company, Pomanda has estimated its turnover at £7.8m with healthy growth in recent years.
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Sgn Evolve Network Ltd Health Check
Pomanda's financial health check has awarded Sgn Evolve Network Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
4 Weak
Size
annual sales of £7.8m, make it smaller than the average company (£31.2m)
£7.8m - Sgn Evolve Network Ltd
£31.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 12%, show it is growing at a similar rate (12.1%)
12% - Sgn Evolve Network Ltd
12.1% - Industry AVG
Production
with a gross margin of 19.3%, this company has a comparable cost of product (19.3%)
19.3% - Sgn Evolve Network Ltd
19.3% - Industry AVG
Profitability
an operating margin of 19.9% make it less profitable than the average company (30.1%)
19.9% - Sgn Evolve Network Ltd
30.1% - Industry AVG
Employees
with 6 employees, this is below the industry average (54)
- Sgn Evolve Network Ltd
54 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Sgn Evolve Network Ltd
- - Industry AVG
Efficiency
resulting in sales per employee of £1.3m, this is equally as efficient (£1.3m)
- Sgn Evolve Network Ltd
£1.3m - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (14 days)
0 days - Sgn Evolve Network Ltd
14 days - Industry AVG
Creditor Days
its suppliers are paid after 11 days, this is slower than average (9 days)
11 days - Sgn Evolve Network Ltd
9 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Sgn Evolve Network Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Sgn Evolve Network Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 103.5%, this is a higher level of debt than the average (78.7%)
103.5% - Sgn Evolve Network Ltd
78.7% - Industry AVG
SGN EVOLVE NETWORK LTD financials
Sgn Evolve Network Ltd's latest turnover from March 2024 is £7.8 million and the company has net assets of -£1.6 million. According to their latest financial statements, we estimate that Sgn Evolve Network Ltd has 6 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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 7,790,000 | 6,859,000 | 6,674,000 | 5,516,000 | 3,590,000 | 1,030,000 | 898,000 | 110,000 | ||
| Other Income Or Grants | ||||||||||
| Cost Of Sales | ||||||||||
| Gross Profit | ||||||||||
| Admin Expenses | ||||||||||
| Operating Profit | 1,549,000 | 1,288,000 | 1,355,000 | 1,292,000 | 718,000 | -549,000 | -376,000 | -802,000 | -821,000 | |
| Interest Payable | 2,474,000 | 1,307,000 | 416,000 | 329,000 | 381,000 | 159,000 | 48,000 | 11,000 | 4,000 | |
| Interest Receivable | 128,000 | 76,000 | 4,000 | 15,000 | 9,000 | |||||
| Pre-Tax Profit | -797,000 | 57,000 | 943,000 | 978,000 | 346,000 | -708,000 | -424,000 | -813,000 | -825,000 | |
| Tax | 188,000 | -249,000 | -621,000 | -187,000 | -85,000 | 135,000 | 102,000 | 185,000 | 142,000 | |
| Profit After Tax | -609,000 | -192,000 | 322,000 | 791,000 | 261,000 | -573,000 | -322,000 | -628,000 | -683,000 | |
| Dividends Paid | ||||||||||
| Retained Profit | -609,000 | -192,000 | 322,000 | 791,000 | 261,000 | -573,000 | -322,000 | -628,000 | -683,000 | |
| Employee Costs | ||||||||||
| Number Of Employees | ||||||||||
| EBITDA* | 2,366,000 | 2,012,000 | 1,975,000 | 1,781,000 | 1,099,000 | -357,000 | -274,000 | -775,000 | -821,000 |
* 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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 44,725,000 | 40,136,000 | 34,975,000 | 27,948,000 | 22,203,000 | 12,751,000 | 3,919,000 | 1,214,000 | 428,000 | 164,000 |
| Intangible Assets | 215,000 | 261,000 | 293,000 | 363,000 | 415,000 | 454,000 | 506,000 | 541,000 | 58,000 | |
| Investments & Other | ||||||||||
| Debtors (Due After 1 year) | ||||||||||
| Total Fixed Assets | 44,940,000 | 40,397,000 | 35,268,000 | 28,311,000 | 22,618,000 | 13,205,000 | 4,425,000 | 1,755,000 | 486,000 | 164,000 |
| Stock & work in progress | 17,000 | 13,000 | ||||||||
| Trade Debtors | 13,000 | 4,000 | 12,000 | 125,000 | 2,000 | 147,000 | 14,000 | 21,000 | 1,000 | |
| Group Debtors | 628,000 | 194,000 | 1,000 | |||||||
| Misc Debtors | 2,204,000 | 2,292,000 | 1,786,000 | 1,925,000 | 1,512,000 | 300,000 | 295,000 | 138,000 | 141,000 | |
| Cash | ||||||||||
| misc current assets | ||||||||||
| total current assets | 2,217,000 | 2,296,000 | 1,798,000 | 2,050,000 | 1,514,000 | 447,000 | 326,000 | 800,000 | 335,000 | 2,000 |
| total assets | 47,157,000 | 42,693,000 | 37,066,000 | 30,361,000 | 24,132,000 | 13,652,000 | 4,751,000 | 2,555,000 | 821,000 | 166,000 |
| Bank overdraft | ||||||||||
| Bank loan | ||||||||||
| Trade Creditors | 205,000 | 120,000 | 75,000 | 52,000 | 7,000 | 88,000 | 7,000 | 83,000 | 1,000 | |
| Group/Directors Accounts | 43,105,000 | 39,126,000 | 34,161,000 | 29,089,000 | 23,860,000 | 13,984,000 | 5,886,000 | 3,579,000 | 1,429,000 | 141,000 |
| other short term finances | ||||||||||
| hp & lease commitments | ||||||||||
| other current liabilities | 1,644,000 | 1,635,000 | 1,819,000 | 1,743,000 | 1,806,000 | 1,606,000 | 446,000 | 204,000 | 74,000 | 25,000 |
| total current liabilities | 44,954,000 | 40,881,000 | 36,055,000 | 30,884,000 | 25,673,000 | 15,678,000 | 6,339,000 | 3,866,000 | 1,504,000 | 166,000 |
| loans | ||||||||||
| hp & lease commitments | ||||||||||
| Accruals and Deferred Income | 58,000 | |||||||||
| other liabilities | ||||||||||
| provisions | 3,778,000 | 2,836,000 | 1,843,000 | 631,000 | 404,000 | 180,000 | 45,000 | |||
| total long term liabilities | 3,836,000 | 2,836,000 | 1,843,000 | 631,000 | 404,000 | 180,000 | 45,000 | |||
| total liabilities | 48,790,000 | 43,717,000 | 37,898,000 | 31,515,000 | 26,077,000 | 15,858,000 | 6,384,000 | 3,866,000 | 1,504,000 | 166,000 |
| net assets | -1,633,000 | -1,024,000 | -832,000 | -1,154,000 | -1,945,000 | -2,206,000 | -1,633,000 | -1,311,000 | -683,000 | |
| total shareholders funds | -1,633,000 | -1,024,000 | -832,000 | -1,154,000 | -1,945,000 | -2,206,000 | -1,633,000 | -1,311,000 | -683,000 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | 1,549,000 | 1,288,000 | 1,355,000 | 1,292,000 | 718,000 | -549,000 | -376,000 | -802,000 | -821,000 | |
| Depreciation | 739,000 | 651,000 | 546,000 | 419,000 | 311,000 | 128,000 | 43,000 | 11,000 | ||
| Amortisation | 78,000 | 73,000 | 74,000 | 70,000 | 70,000 | 64,000 | 59,000 | 16,000 | ||
| Tax | 188,000 | -249,000 | -621,000 | -187,000 | -85,000 | 135,000 | 102,000 | 185,000 | 142,000 | |
| Stock | -17,000 | 4,000 | 13,000 | |||||||
| Debtors | -79,000 | 498,000 | -252,000 | 536,000 | 1,067,000 | 138,000 | -478,000 | 452,000 | 333,000 | 2,000 |
| Creditors | 85,000 | 45,000 | 23,000 | 45,000 | -81,000 | 81,000 | -76,000 | 82,000 | 1,000 | |
| Accruals and Deferred Income | 67,000 | -184,000 | 76,000 | -63,000 | 200,000 | 1,160,000 | 242,000 | 130,000 | 49,000 | 25,000 |
| Deferred Taxes & Provisions | 942,000 | 993,000 | 1,212,000 | 227,000 | 224,000 | 135,000 | 45,000 | |||
| Cash flow from operations | 3,727,000 | 2,119,000 | 2,917,000 | 1,267,000 | 290,000 | 1,033,000 | 513,000 | -843,000 | -962,000 | 23,000 |
| Investing Activities | ||||||||||
| capital expenditure | -8,955,000 | -2,697,000 | -1,210,000 | |||||||
| Change in Investments | ||||||||||
| cash flow from investments | -8,955,000 | -2,697,000 | -1,210,000 | |||||||
| Financing Activities | ||||||||||
| Bank loans | ||||||||||
| Group/Directors Accounts | 3,979,000 | 4,965,000 | 5,072,000 | 5,229,000 | 9,876,000 | 8,098,000 | 2,307,000 | 2,150,000 | 1,288,000 | 141,000 |
| Other Short Term Loans | ||||||||||
| Long term loans | ||||||||||
| Hire Purchase and Lease Commitments | ||||||||||
| other long term liabilities | ||||||||||
| share issue | ||||||||||
| interest | -2,346,000 | -1,231,000 | -412,000 | -314,000 | -372,000 | -159,000 | -48,000 | -11,000 | -4,000 | |
| cash flow from financing | 1,633,000 | 3,734,000 | 4,660,000 | 4,915,000 | 9,504,000 | 7,939,000 | 2,259,000 | 2,139,000 | 1,284,000 | 141,000 |
| cash and cash equivalents | ||||||||||
| cash | ||||||||||
| overdraft | ||||||||||
| change in cash |
sgn evolve network ltd Credit Report and Business Information
Sgn Evolve Network Ltd Competitor Analysis
Perform a competitor analysis for sgn evolve network ltd by selecting its closest rivals, whether from the ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY sector, other mid companies, companies in RH6 area or any other competitors across 12 key performance metrics.
sgn evolve network ltd Ownership
SGN EVOLVE NETWORK LTD group structure
Sgn Evolve Network Ltd has no subsidiary companies.
Ultimate parent company
2 parents
SGN EVOLVE NETWORK LTD
08822715
sgn evolve network ltd directors
Sgn Evolve Network Ltd currently has 13 directors. The longest serving directors include Ms Charlotte Brunning (May 2018) and Mr Nicholas Salmon (Mar 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Charlotte Brunning | United Kingdom | 38 years | May 2018 | - | Director |
| Mr Nicholas Salmon | 72 years | Mar 2019 | - | Director | |
| Mr Peter McCosker | 43 years | Jun 2019 | - | Director | |
| Mr Henrik Onarheim | United Kingdom | 34 years | Jul 2021 | - | Director |
| Ms Rebecca Lumlock | United Kingdom | 51 years | Mar 2022 | - | Director |
| Felipe Ortiz | United Kingdom | 45 years | Mar 2022 | - | Director |
| Mr Michael Botha | Canada | 54 years | Mar 2022 | - | Director |
| Mr Paul Trimmer | 69 years | Mar 2022 | - | Director | |
| Mr Martin Catchpole | 49 years | Mar 2022 | - | Director | |
| Mr Michael Smart | England | 44 years | May 2022 | - | Director |
P&L
March 2024turnover
7.8m
+14%
operating profit
1.5m
+20%
gross margin
19.4%
-17.31%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-1.6m
+0.59%
total assets
47.2m
+0.1%
cash
0
0%
net assets
Total assets minus all liabilities
sgn evolve network ltd company details
company number
08822715
Type
Private limited with Share Capital
industry
35220 - Distribution of gaseous fuels through mains
incorporation date
December 2013
age
12
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
March 2024
previous names
sgn natural gas limited (September 2023)
scotia gas networks northern ireland limited (April 2015)
accountant
-
auditor
ERNST & YOUNG LLP
address
st lawrence house, station approach, horley, surrey, RH6 9HJ
Bank
-
Legal Advisor
-
sgn evolve network ltd 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 sgn evolve network ltd.
sgn evolve network ltd 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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sgn evolve network ltd Companies House Filings - See Documents
| date | description | view/download |
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