northern lpg ltd
northern lpg ltd Company Information
Company Number
09670856
Next Accounts
May 2025
Shareholders
james illingworth
stuart illingworth
View AllGroup Structure
View All
Industry
Wholesale of petroleum and petroleum products
Registered Address
energy house hampsthwaite, harrogate, north yorkshire, HG3 2HT
Website
www.northernenergy.co.uknorthern lpg ltd Estimated Valuation
Pomanda estimates the enterprise value of NORTHERN LPG LTD at £1.6m based on a Turnover of £5.3m and 0.3x industry multiple (adjusted for size and gross margin).
northern lpg ltd Estimated Valuation
Pomanda estimates the enterprise value of NORTHERN LPG LTD at £2.2m based on an EBITDA of £678.6k and a 3.28x industry multiple (adjusted for size and gross margin).
northern lpg ltd Estimated Valuation
Pomanda estimates the enterprise value of NORTHERN LPG LTD at £1.9m based on Net Assets of £1.1m and 1.76x industry multiple (adjusted for liquidity).
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Northern Lpg Ltd Overview
Northern Lpg Ltd is a live company located in north yorkshire, HG3 2HT with a Companies House number of 09670856. It operates in the wholesale of petroleum and petroleum products sector, SIC Code 46711. Founded in July 2015, it's largest shareholder is james illingworth with a 30% stake. Northern Lpg Ltd is a established, mid sized company, Pomanda has estimated its turnover at £5.3m with high growth in recent years.
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Northern Lpg Ltd Health Check
Pomanda's financial health check has awarded Northern Lpg Ltd a 4 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
4 Strong
2 Regular
5 Weak
Size
annual sales of £5.3m, make it smaller than the average company (£73.2m)
- Northern Lpg Ltd
£73.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 28%, show it is growing at a faster rate (14.8%)
- Northern Lpg Ltd
14.8% - Industry AVG
Production
with a gross margin of 5.6%, this company has a comparable cost of product (5.6%)
- Northern Lpg Ltd
5.6% - Industry AVG
Profitability
an operating margin of 11.8% make it more profitable than the average company (1.8%)
- Northern Lpg Ltd
1.8% - Industry AVG
Employees
with 5 employees, this is below the industry average (25)
5 - Northern Lpg Ltd
25 - Industry AVG
Pay Structure
on an average salary of £48.8k, the company has an equivalent pay structure (£48.8k)
- Northern Lpg Ltd
£48.8k - Industry AVG
Efficiency
resulting in sales per employee of £1.1m, this is less efficient (£2.8m)
- Northern Lpg Ltd
£2.8m - Industry AVG
Debtor Days
it gets paid by customers after 11 days, this is earlier than average (22 days)
- Northern Lpg Ltd
22 days - Industry AVG
Creditor Days
its suppliers are paid after 16 days, this is quicker than average (20 days)
- Northern Lpg Ltd
20 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Northern Lpg Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (9 weeks)
0 weeks - Northern Lpg Ltd
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 44.2%, this is a lower level of debt than the average (69%)
44.2% - Northern Lpg Ltd
69% - Industry AVG
NORTHERN LPG LTD financials
Northern Lpg Ltd's latest turnover from August 2023 is estimated at £5.3 million and the company has net assets of £1.1 million. According to their latest financial statements, Northern Lpg Ltd has 5 employees and maintains cash reserves of £545 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Jul 2016 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||
| Other Income Or Grants | ||||||||
| Cost Of Sales | ||||||||
| Gross Profit | ||||||||
| Admin Expenses | ||||||||
| Operating Profit | ||||||||
| Interest Payable | ||||||||
| Interest Receivable | ||||||||
| Pre-Tax Profit | ||||||||
| Tax | ||||||||
| Profit After Tax | ||||||||
| Dividends Paid | ||||||||
| Retained Profit | ||||||||
| Employee Costs | ||||||||
| Number Of Employees | 5 | 5 | 5 | 5 | 6 | 6 | 7 | 7 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Jul 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 890,162 | 848,511 | 688,239 | 483,403 | 260,801 | 85,051 | 22,547 | 4,325 |
| Intangible Assets | ||||||||
| Investments & Other | ||||||||
| Debtors (Due After 1 year) | ||||||||
| Total Fixed Assets | 890,162 | 848,511 | 688,239 | 483,403 | 260,801 | 85,051 | 22,547 | 4,325 |
| Stock & work in progress | ||||||||
| Trade Debtors | 171,147 | 167,292 | 125,627 | 89,219 | 20,400 | 40,925 | 13,050 | 4,952 |
| Group Debtors | ||||||||
| Misc Debtors | 917,276 | 569,062 | 187,926 | 26,667 | 14,358 | 12,273 | 5,148 | 2,768 |
| Cash | 545 | 71 | 308 | 321 | 1,000 | 812 | 580 | 564 |
| misc current assets | ||||||||
| total current assets | 1,088,968 | 736,425 | 313,861 | 116,207 | 35,758 | 54,010 | 18,778 | 8,284 |
| total assets | 1,979,130 | 1,584,936 | 1,002,100 | 599,610 | 296,559 | 139,061 | 41,325 | 12,609 |
| Bank overdraft | ||||||||
| Bank loan | ||||||||
| Trade Creditors | 225,787 | 128,874 | 112,718 | 82,093 | 14,082 | 23,894 | 13,198 | 4,424 |
| Group/Directors Accounts | ||||||||
| other short term finances | ||||||||
| hp & lease commitments | ||||||||
| other current liabilities | 428,445 | 638,657 | 645,803 | 578,313 | 471,312 | 295,377 | 157,109 | 88,112 |
| total current liabilities | 654,232 | 767,531 | 758,521 | 660,406 | 485,394 | 319,271 | 170,307 | 92,536 |
| loans | ||||||||
| hp & lease commitments | ||||||||
| Accruals and Deferred Income | ||||||||
| other liabilities | ||||||||
| provisions | 221,160 | 185,000 | 56,000 | |||||
| total long term liabilities | 221,160 | 185,000 | 56,000 | |||||
| total liabilities | 875,392 | 952,531 | 814,521 | 660,406 | 485,394 | 319,271 | 170,307 | 92,536 |
| net assets | 1,103,738 | 632,405 | 187,579 | -60,796 | -188,835 | -180,210 | -128,982 | -79,927 |
| total shareholders funds | 1,103,738 | 632,405 | 187,579 | -60,796 | -188,835 | -180,210 | -128,982 | -79,927 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Jul 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 50,139 | 42,210 | 32,521 | 20,362 | 10,642 | 2,914 | 818 | 86 |
| Amortisation | ||||||||
| Tax | ||||||||
| Stock | ||||||||
| Debtors | 352,069 | 422,801 | 197,667 | 81,128 | -18,440 | 35,000 | 10,478 | 7,720 |
| Creditors | 96,913 | 16,156 | 30,625 | 68,011 | -9,812 | 10,696 | 8,774 | 4,424 |
| Accruals and Deferred Income | -210,212 | -7,146 | 67,490 | 107,001 | 175,935 | 138,268 | 68,997 | 88,112 |
| Deferred Taxes & Provisions | 36,160 | 129,000 | 56,000 | |||||
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | ||||||||
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | ||||||||
| Group/Directors Accounts | ||||||||
| Other Short Term Loans | ||||||||
| Long term loans | ||||||||
| Hire Purchase and Lease Commitments | ||||||||
| other long term liabilities | ||||||||
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 474 | -237 | -13 | -679 | 188 | 232 | 16 | 564 |
| overdraft | ||||||||
| change in cash | 474 | -237 | -13 | -679 | 188 | 232 | 16 | 564 |
northern lpg ltd Credit Report and Business Information
Northern Lpg Ltd Competitor Analysis
Perform a competitor analysis for northern lpg ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in HG3 area or any other competitors across 12 key performance metrics.
northern lpg ltd Ownership
NORTHERN LPG LTD group structure
Northern Lpg Ltd has no subsidiary companies.
Ultimate parent company
NORTHERN LPG LTD
09670856
northern lpg ltd directors
Northern Lpg Ltd currently has 5 directors. The longest serving directors include Mr Edward Illingworth (Jul 2015) and Mr Howard Illingworth (Jul 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Edward Illingworth | United Kingdom | 32 years | Jul 2015 | - | Director |
| Mr Howard Illingworth | England | 66 years | Jul 2015 | - | Director |
| Mr David Illingworth | 69 years | Jul 2015 | - | Director | |
| Mr Stuart Illingworth | 36 years | Jul 2015 | - | Director | |
| Mr James Illingworth | 39 years | Jul 2015 | - | Director |
P&L
August 2023turnover
5.3m
+27%
operating profit
628.4k
0%
gross margin
5.6%
-13.84%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
1.1m
+0.75%
total assets
2m
+0.25%
cash
545
+6.68%
net assets
Total assets minus all liabilities
northern lpg ltd company details
company number
09670856
Type
Private limited with Share Capital
industry
46711 - Wholesale of petroleum and petroleum products
incorporation date
July 2015
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
August 2023
previous names
N/A
accountant
-
auditor
-
address
energy house hampsthwaite, harrogate, north yorkshire, HG3 2HT
Bank
-
Legal Advisor
-
northern lpg 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 found 1 charges/mortgages relating to northern lpg ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
northern lpg 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.
Click to start generating capital raising & share issue transactions for NORTHERN LPG LTD. This can take several minutes, an email will notify you when this has completed.
northern lpg ltd Companies House Filings - See Documents
| date | description | view/download |
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