Pomanda estimates the enterprise value of SAFE GAS NETWORK LTD at £68.4m based on a Turnover of £25m and 2.73x industry multiple (adjusted for size and gross margin).
safe gas network ltdEstimated Valuation
£166.4k
Pomanda estimates the enterprise value of SAFE GAS NETWORK LTD at £166.4k based on an EBITDA of £22.2k and a 7.5x industry multiple (adjusted for size and gross margin).
safe gas network ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of SAFE GAS NETWORK LTD at £0 based on Net Assets of £-78.8k and 2.73x industry multiple (adjusted for liquidity).
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Safe Gas Network LtdOverview
Safe Gas Network Ltd is a dissolved company that was located in manchester, M20 6RE with a Companies House number of 08938564. It operated in the distribution of gaseous fuels through mains sector, SIC Code 35220. Founded in March 2014, it's largest shareholder was
dean russel williamson
with a 25% stake. The last turnover for Safe Gas Network Ltd was estimated at £25m.
Pomanda's financial health check has awarded Safe Gas Network Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
4 Strong
3 Regular
5 Weak
Size
annual sales of £25m, make it in line with the average company (£24.7m)
£25m - Safe Gas Network Ltd
£24.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 232%, show it is growing at a faster rate (1.8%)
232% - Safe Gas Network Ltd
1.8% - Industry AVG
Production
with a gross margin of 23.3%, this company has a comparable cost of product (23.3%)
23.3% - Safe Gas Network Ltd
23.3% - Industry AVG
Profitability
an operating margin of 0% make it less profitable than the average company (24.9%)
0% - Safe Gas Network Ltd
24.9% - Industry AVG
Employees
with 74 employees, this is above the industry average (22)
74 - Safe Gas Network Ltd
22 - Industry AVG
Pay Structure
on an average salary of £66.6k, the company has an equivalent pay structure (£66.6k)
£66.6k - Safe Gas Network Ltd
£66.6k - Industry AVG
Efficiency
resulting in sales per employee of £338.5k, this is less efficient (£1.4m)
£338.5k - Safe Gas Network Ltd
£1.4m - Industry AVG
Debtor Days
it gets paid by customers after 3 days, this is earlier than average (30 days)
3 days - Safe Gas Network Ltd
30 days - Industry AVG
Creditor Days
its suppliers are paid after 4 days, this is quicker than average (4 days)
4 days - Safe Gas Network Ltd
4 days - Industry AVG
Stock Days
it holds stock equivalent to 2 days, this is less than average (3 days)
2 days - Safe Gas Network Ltd
3 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 5 weeks, this is less cash available to meet short term requirements (9 weeks)
5 weeks - Safe Gas Network Ltd
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 110.1%, this is a higher level of debt than the average (79.7%)
110.1% - Safe Gas Network Ltd
79.7% - Industry AVG
SAFE GAS NETWORK LTD financials
EXPORT
Safe Gas Network Ltd's latest turnover from March 2019 is estimated at £25 million and the company has net assets of -£78.8 thousand. According to their latest financial statements, Safe Gas Network Ltd has 74 employees and maintains cash reserves of £92.9 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Turnover
25,049,204
22,511,681
5,457,797
686,515
1,855,173
Other Income Or Grants
Cost Of Sales
19,214,358
17,671,077
4,043,361
551,875
1,467,911
Gross Profit
5,834,846
4,840,603
1,414,436
134,640
387,262
Admin Expenses
5,831,944
4,936,072
1,393,595
162,581
348,668
Operating Profit
2,902
-95,469
20,841
-27,941
38,594
Interest Payable
3,419
2,835
793
Interest Receivable
636
369
110
148
105
Pre-Tax Profit
120
-97,935
20,158
-27,793
38,699
Tax
-23
-4,031
-8,127
Profit After Tax
97
-97,935
16,126
-27,793
30,572
Dividends Paid
Retained Profit
97
-97,935
16,126
-27,793
30,572
Employee Costs
4,928,437
4,170,000
1,142,239
64,930
122,137
Number Of Employees
74
70
18
1
2
EBITDA*
22,192
-68,961
31,784
-14,787
49,766
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Tangible Assets
63,429
90,141
34,404
40,402
50,889
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
63,429
90,141
34,404
40,402
50,889
Stock & work in progress
106,353
8,000
8,000
Trade Debtors
241,389
321,243
304,531
45,000
69,613
Group Debtors
Misc Debtors
275,202
145,842
127,460
52,613
Cash
92,865
76,844
70,673
17,267
41,929
misc current assets
total current assets
715,809
551,929
510,664
114,880
111,542
total assets
779,238
642,070
545,068
155,282
162,431
Bank overdraft
Bank loan
22,765
22,395
4,597
Trade Creditors
233,322
289,088
152,268
131,759
Group/Directors Accounts
57,678
79,911
other short term finances
hp & lease commitments
1,974
other current liabilities
573,224
350,936
283,836
72,467
total current liabilities
829,311
664,393
498,379
152,378
131,759
loans
16,683
39,455
20,778
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
12,052
17,127
6,881
total long term liabilities
28,735
56,582
27,659
total liabilities
858,046
720,975
526,038
152,378
131,759
net assets
-78,808
-78,905
19,030
2,904
30,672
total shareholders funds
-78,808
-78,905
19,030
2,904
30,672
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Operating Activities
Operating Profit
2,902
-95,469
20,841
-27,941
38,594
Depreciation
19,290
26,508
10,943
13,154
11,172
Amortisation
Tax
-23
-4,031
-8,127
Stock
98,353
8,000
Debtors
49,506
35,094
334,378
28,000
69,613
Creditors
-55,766
136,820
152,268
-131,759
131,759
Accruals and Deferred Income
222,288
67,100
211,369
72,467
Deferred Taxes & Provisions
-5,075
10,246
6,881
Cash flow from operations
35,757
110,111
55,893
-102,079
103,785
Investing Activities
capital expenditure
7,422
-82,245
-4,945
-2,667
-62,061
Change in Investments
cash flow from investments
7,422
-82,245
-4,945
-2,667
-62,061
Financing Activities
Bank loans
370
17,798
4,597
Group/Directors Accounts
-57,678
-22,233
79,911
Other Short Term Loans
Long term loans
-22,772
18,677
20,778
Hire Purchase and Lease Commitments
-1,974
1,974
other long term liabilities
share issue
25
100
interest
-2,783
-2,466
-683
148
105
cash flow from financing
-27,159
-21,695
2,459
80,084
205
cash and cash equivalents
cash
16,021
6,171
53,406
-24,662
41,929
overdraft
change in cash
16,021
6,171
53,406
-24,662
41,929
safe gas network ltd 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 safe gas network ltd. Get real-time insights into safe gas network ltd's credit score, group structure and payment trends.
Perform a competitor analysis for safe gas network ltd by selecting its closest rivals, whether from the ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY sector, other undefined companies, companies in M20 area or any other competitors across 12 key performance metrics.
safe gas network ltd Ownership
SAFE GAS NETWORK LTD group structure
Safe Gas Network Ltd has no subsidiary companies.
Ultimate parent company
SAFE GAS NETWORK LTD
08938564
SAFE GAS NETWORK LTD Shareholders
The largest shareholders in Safe Gas Network Ltd include Dean Russel Williamson and Paul Dean Martin.
dean russel williamson
25%
paul dean martin
25%
robert scott vaughan
25%
christopher scott vaughan
25%
safe gas network ltd directors
Safe Gas Network Ltd currently has 4 directors.
The longest serving directors include
Mr Robert Vaughan (Apr 2020) and
Mr Christopher Vaughan (Apr 2020).
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 safe gas network ltd.
safe gas 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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safe gas network ltdCompanies House Filings - See Documents
