j gas limited

j gas limited Company Information

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Company Number

SC274899

Industry

Wholesale of fuels and related products (other than petroleum and petroleum products)

 

Shareholders

johnston fuels ltd

Group Structure

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Contact

Registered Address

standhill bathgate, west lothian, EH48 2HR

j gas limited Estimated Valuation

£37.3m

Pomanda estimates the enterprise value of J GAS LIMITED at £37.3m based on a Turnover of £21.1m and 1.77x industry multiple (adjusted for size and gross margin).

j gas limited Estimated Valuation

£118.1m

Pomanda estimates the enterprise value of J GAS LIMITED at £118.1m based on an EBITDA of £5.3m and a 22.15x industry multiple (adjusted for size and gross margin).

j gas limited Estimated Valuation

£8.1m

Pomanda estimates the enterprise value of J GAS LIMITED at £8.1m based on Net Assets of £4.3m and 1.87x industry multiple (adjusted for liquidity).

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J Gas Limited Overview

J Gas Limited is a live company located in west lothian, EH48 2HR with a Companies House number of SC274899. It operates in the wholesale of other fuels and related products sector, SIC Code 46719. Founded in October 2004, it's largest shareholder is johnston fuels ltd with a 100% stake. J Gas Limited is a mature, large sized company, Pomanda has estimated its turnover at £21.1m with high growth in recent years.

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J Gas Limited Health Check

Pomanda's financial health check has awarded J Gas Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

7 Strong

positive_score

2 Regular

positive_score

3 Weak

size

Size

annual sales of £21.1m, make it smaller than the average company (£132.4m)

£21.1m - J Gas Limited

£132.4m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 21%, show it is growing at a faster rate (16.5%)

21% - J Gas Limited

16.5% - Industry AVG

production

Production

with a gross margin of 54.5%, this company has a lower cost of product (6.3%)

54.5% - J Gas Limited

6.3% - Industry AVG

profitability

Profitability

an operating margin of 21.1% make it more profitable than the average company (2.6%)

21.1% - J Gas Limited

2.6% - Industry AVG

employees

Employees

with 69 employees, this is above the industry average (26)

69 - J Gas Limited

26 - Industry AVG

paystructure

Pay Structure

on an average salary of £49.4k, the company has an equivalent pay structure (£57k)

£49.4k - J Gas Limited

£57k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £305.1k, this is less efficient (£2.2m)

£305.1k - J Gas Limited

£2.2m - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 29 days, this is near the average (28 days)

29 days - J Gas Limited

28 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 69 days, this is slower than average (26 days)

69 days - J Gas Limited

26 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 10 days, this is more than average (6 days)

10 days - J Gas Limited

6 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 21 weeks, this is more cash available to meet short term requirements (10 weeks)

21 weeks - J Gas Limited

10 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 54.5%, this is a lower level of debt than the average (65.9%)

54.5% - J Gas Limited

65.9% - Industry AVG

J GAS LIMITED financials

EXPORTms excel logo

J Gas Limited's latest turnover from December 2023 is £21.1 million and the company has net assets of £4.3 million. According to their latest financial statements, J Gas Limited has 69 employees and maintains cash reserves of £1.6 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover21,052,85416,917,43414,476,84311,983,23412,155,64511,391,6129,462,9558,631,1319,060,2218,915,6129,238,1209,072,4438,575,1867,713,5606,072,924
Other Income Or Grants000000000000000
Cost Of Sales9,581,8548,988,0837,491,3944,300,5844,898,0205,724,2074,623,3993,135,4713,419,0594,318,3134,835,1515,274,1945,024,6604,515,7042,861,851
Gross Profit11,471,0007,929,3516,985,4497,682,6507,257,6255,667,4054,839,5565,495,6605,641,1624,597,2994,402,9693,798,2493,550,5263,197,8563,211,073
Admin Expenses7,032,1085,871,7955,095,5154,941,0414,217,0194,570,5364,269,5184,268,7673,362,7592,977,2542,755,5732,536,0472,443,2652,181,7962,371,405
Operating Profit4,438,8922,057,5561,889,9342,741,6093,040,6061,096,869570,0381,226,8932,278,4031,620,0451,647,3961,262,2021,107,2611,016,060839,668
Interest Payable25,89018,06117,31214,3259,7567,6253,3044,5069,26313,33212,99814,52012,6488,34112,523
Interest Receivable00000000000024,29026,8299,255
Pre-Tax Profit4,413,0022,039,4951,872,6222,727,2843,030,8501,089,244566,7341,222,3872,269,1401,606,7131,634,3981,247,6821,118,9031,034,548836,400
Tax-1,043,348-142,479-355,685-539,793-570,431-170,898-113,261-236,306-427,748-343,757-342,575-210,826-266,784-298,268-226,948
Profit After Tax3,369,6541,897,0161,516,9372,187,4912,460,419918,346453,473986,0811,841,3921,262,9561,291,8231,036,856852,119736,280609,452
Dividends Paid2,500,0001,500,0002,200,0002,500,0000001,500,00005,500,000450,000200,000420,000450,000400,000
Retained Profit869,654397,016-683,063-312,5092,460,419918,346453,473-513,9191,841,392-4,237,044841,823836,856432,119286,280209,452
Employee Costs3,407,6642,901,4732,458,3892,581,2701,881,0752,599,3852,516,0612,431,4761,463,5131,353,8581,296,0341,080,1391,027,461977,0391,036,605
Number Of Employees696058504948494739384136363538
EBITDA*5,331,5642,815,5592,637,4483,444,0513,639,8382,077,2551,223,3541,779,1412,781,8362,001,2852,006,9781,630,0821,425,4801,279,3851,249,124

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets5,256,8834,152,0864,043,9433,753,5843,683,9453,375,3183,287,1843,061,3682,764,9002,584,6802,579,2192,659,4602,412,0902,116,3571,938,018
Intangible Assets188,00038,00050,000000397,888496,805485,435150,68870,39576,25335,79839,40543,012
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets5,444,8834,190,0864,093,9433,753,5843,683,9453,375,3183,685,0723,558,1733,250,3352,735,3682,649,6142,735,7132,447,8882,155,7621,981,030
Stock & work in progress283,342243,801268,274177,350161,913150,070171,112158,283116,537100,410161,641131,658145,86256,52436,993
Trade Debtors1,685,7151,352,5951,296,4261,044,4251,125,602935,737898,478710,044679,679740,081682,111783,255666,774811,648503,976
Group Debtors4041,0004482,455202016,2731,8242,7820187,231734,4881,002,3361,485,8691,455,134
Misc Debtors424,544290,488278,180182,164204,901152,066395,924368,561297,664189,631361,026233,901138,797135,48550,349
Cash1,608,722908,512106,4571,208,4031,782,326244,487301,355150,9301,169,1479573,818,6472,521,8311,803,7671,450,7591,148,469
misc current assets000000000000000
total current assets4,002,7272,796,3961,949,7852,614,7973,274,9441,482,3601,783,1421,389,6422,265,8091,031,0795,210,6564,405,1333,757,5363,940,2853,194,921
total assets9,447,6106,986,4826,043,7286,368,3816,958,8894,857,6785,468,2144,947,8155,516,1443,766,4477,860,2707,140,8466,205,4246,096,0475,175,951
Bank overdraft000000000351,49900000
Bank loan000000000000000
Trade Creditors 1,825,1751,462,1531,313,5461,005,7771,299,291744,183911,678628,639964,934743,631739,474877,120729,8891,069,278562,258
Group/Directors Accounts154,900253,453108,736134,97998,598115,709117,604204,88328,97144,09912,0960000
other short term finances000000000000000
hp & lease commitments241,653217,458232,148219,002203,463122,24570,61042,34840,033100,966141,085124,332106,59181,50644,814
other current liabilities1,739,769715,203580,827747,027659,047360,279279,973464,571473,038331,530466,388250,134414,973456,443484,525
total current liabilities3,961,4972,648,2672,235,2572,106,7852,260,3991,342,4161,379,8651,340,4411,506,9761,571,7251,359,0431,251,5861,251,4531,607,2271,091,597
loans000000000000000
hp & lease commitments357,450380,785363,085373,917486,207302,438224,663161,039040,033140,998317,901191,389157,13550,179
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions825,340523,761408,733167,963180,058141,018210,226246,348295,262282,175250,671303,624331,703332,925321,695
total long term liabilities1,182,790904,546771,818541,880666,265443,456434,889407,387295,262322,208391,669621,525523,092490,060371,874
total liabilities5,144,2873,552,8133,007,0752,648,6652,926,6641,785,8721,814,7541,747,8281,802,2381,893,9331,750,7121,873,1111,774,5452,097,2871,463,471
net assets4,303,3233,433,6693,036,6533,719,7164,032,2253,071,8063,653,4603,199,9873,713,9061,872,5146,109,5585,267,7354,430,8793,998,7603,712,480
total shareholders funds4,303,3233,433,6693,036,6533,719,7164,032,2253,071,8063,653,4603,199,9873,713,9061,872,5146,109,5585,267,7354,430,8793,998,7603,712,480
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit4,438,8922,057,5561,889,9342,741,6093,040,6061,096,869570,0381,226,8932,278,4031,620,0451,647,3961,262,2021,107,2611,016,060839,668
Depreciation862,672746,003737,514702,442599,232582,498522,398443,618469,900353,847353,724363,335314,612259,718405,849
Amortisation30,00012,00010,00000397,888130,918108,63033,53327,3935,8584,5453,6073,6073,607
Tax-1,043,348-142,479-355,685-539,793-570,431-170,898-113,261-236,306-427,748-343,757-342,575-210,826-266,784-298,268-226,948
Stock39,541-24,47390,92415,43711,843-21,04212,82941,74616,127-61,23129,983-14,20489,33819,53136,993
Debtors466,58069,029346,010-101,661242,902-222,872230,246100,30450,413-300,656-521,276-56,263-625,095423,5432,009,459
Creditors363,022148,607307,769-293,514555,108-167,495283,039-336,295221,3034,157-137,646147,231-339,389507,020562,258
Accruals and Deferred Income1,024,566134,376-166,20087,980298,76880,306-184,598-8,467141,508-134,858216,254-164,839-41,470-28,082484,525
Deferred Taxes & Provisions301,579115,028240,770-12,09539,040-69,208-36,122-48,91413,08731,504-52,953-28,079-1,22211,230321,695
Cash flow from operations5,471,2623,026,5352,227,1682,772,8533,707,5781,993,874929,3371,007,1092,663,4461,920,2182,181,3511,444,0361,312,3721,028,211344,202
Investing Activities
capital expenditure-2,147,469-854,146-1,087,873-772,081-907,859-670,632-780,215-860,086-1,018,400-466,994-273,483-360,580-463,801-235,3021,071,570
Change in Investments000000000000000
cash flow from investments-2,147,469-854,146-1,087,873-772,081-907,859-670,632-780,215-860,086-1,018,400-466,994-273,483-360,580-463,801-235,3021,071,570
Financing Activities
Bank loans000000000000000
Group/Directors Accounts-98,553144,717-26,24336,381-17,111-1,895-87,279175,912-15,12832,00312,0960000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments8603,0102,314-96,751264,987129,41091,886163,354-100,966-141,084-160,150144,25359,339143,64894,993
other long term liabilities000000000000000
share issue0000-1,500,000-1,500,000000000003,503,028
interest-25,890-18,061-17,312-14,325-9,756-7,625-3,304-4,506-9,263-13,332-12,998-14,52011,64218,488-3,268
cash flow from financing-123,583129,666-41,241-74,695-1,261,880-1,380,1101,303334,760-125,357-122,413-161,052129,73370,981162,1363,594,753
cash and cash equivalents
cash700,210802,055-1,101,946-573,9231,537,839-56,868150,425-1,018,2171,168,190-3,817,6901,296,816718,064353,008302,2901,148,469
overdraft00000000-351,499351,49900000
change in cash700,210802,055-1,101,946-573,9231,537,839-56,868150,425-1,018,2171,519,689-4,169,1891,296,816718,064353,008302,2901,148,469

j gas limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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J Gas Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for j gas limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other large companies, companies in EH48 area or any other competitors across 12 key performance metrics.

j gas limited Ownership

J GAS LIMITED group structure

J Gas Limited has 1 subsidiary company.

Ultimate parent company

2 parents

J GAS LIMITED

SC274899

1 subsidiary

J GAS LIMITED Shareholders

johnston fuels ltd 100%

j gas limited directors

J Gas Limited currently has 4 directors. The longest serving directors include Mr Alan Elliott (Jun 2006) and Mr Samuel Johnston (Sep 2009).

officercountryagestartendrole
Mr Alan ElliottScotland59 years Jun 2006- Director
Mr Samuel JohnstonScotland41 years Sep 2009- Director
Mr Kenneth GardnerUnited Kingdom58 years Nov 2014- Director
Mr Russell FlemingScotland48 years Jan 2019- Director

P&L

December 2023

turnover

21.1m

+24%

operating profit

4.4m

+116%

gross margin

54.5%

+16.25%

turnover

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

Balance Sheet

December 2023

net assets

4.3m

+0.25%

total assets

9.4m

+0.35%

cash

1.6m

+0.77%

net assets

Total assets minus all liabilities

j gas limited company details

company number

SC274899

Type

Private limited with Share Capital

industry

46719 - Wholesale of fuels and related products (other than petroleum and petroleum products)

incorporation date

October 2004

age

20

incorporated

UK

ultimate parent company

accounts

Full Accounts

last accounts submitted

December 2023

previous names

j gas limited (October 2009)

camvo 110 limited (January 2005)

accountant

-

auditor

JOHNSTON CARMICHAEL LLP

address

standhill bathgate, west lothian, EH48 2HR

Bank

HSBC BANK PLC

Legal Advisor

BRODIES LLP

j gas 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 found 7 charges/mortgages relating to j gas limited. Currently there are 1 open charges and 6 have been satisfied in the past.

charges

j gas limited Companies House Filings - See Documents

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