j gas limited Company Information
Company Number
SC274899
Next Accounts
Sep 2025
Industry
Wholesale of fuels and related products (other than petroleum and petroleum products)
Shareholders
johnston fuels ltd
Group Structure
View All
Contact
Registered Address
standhill bathgate, west lothian, EH48 2HR
Website
www.jgas.co.ukj gas limited Estimated Valuation
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
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
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
7 Strong
2 Regular
3 Weak
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
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
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
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
with 69 employees, this is above the industry average (26)
69 - J Gas Limited
26 - Industry AVG
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
resulting in sales per employee of £305.1k, this is less efficient (£2.2m)
£305.1k - J Gas Limited
£2.2m - Industry AVG
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
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
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
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
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
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 House, Pomanda Estimates
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 21,052,854 | 16,917,434 | 14,476,843 | 11,983,234 | 12,155,645 | 11,391,612 | 9,462,955 | 8,631,131 | 9,060,221 | 8,915,612 | 9,238,120 | 9,072,443 | 8,575,186 | 7,713,560 | 6,072,924 |
Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cost Of Sales | 9,581,854 | 8,988,083 | 7,491,394 | 4,300,584 | 4,898,020 | 5,724,207 | 4,623,399 | 3,135,471 | 3,419,059 | 4,318,313 | 4,835,151 | 5,274,194 | 5,024,660 | 4,515,704 | 2,861,851 |
Gross Profit | 11,471,000 | 7,929,351 | 6,985,449 | 7,682,650 | 7,257,625 | 5,667,405 | 4,839,556 | 5,495,660 | 5,641,162 | 4,597,299 | 4,402,969 | 3,798,249 | 3,550,526 | 3,197,856 | 3,211,073 |
Admin Expenses | 7,032,108 | 5,871,795 | 5,095,515 | 4,941,041 | 4,217,019 | 4,570,536 | 4,269,518 | 4,268,767 | 3,362,759 | 2,977,254 | 2,755,573 | 2,536,047 | 2,443,265 | 2,181,796 | 2,371,405 |
Operating Profit | 4,438,892 | 2,057,556 | 1,889,934 | 2,741,609 | 3,040,606 | 1,096,869 | 570,038 | 1,226,893 | 2,278,403 | 1,620,045 | 1,647,396 | 1,262,202 | 1,107,261 | 1,016,060 | 839,668 |
Interest Payable | 25,890 | 18,061 | 17,312 | 14,325 | 9,756 | 7,625 | 3,304 | 4,506 | 9,263 | 13,332 | 12,998 | 14,520 | 12,648 | 8,341 | 12,523 |
Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 24,290 | 26,829 | 9,255 |
Pre-Tax Profit | 4,413,002 | 2,039,495 | 1,872,622 | 2,727,284 | 3,030,850 | 1,089,244 | 566,734 | 1,222,387 | 2,269,140 | 1,606,713 | 1,634,398 | 1,247,682 | 1,118,903 | 1,034,548 | 836,400 |
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 Tax | 3,369,654 | 1,897,016 | 1,516,937 | 2,187,491 | 2,460,419 | 918,346 | 453,473 | 986,081 | 1,841,392 | 1,262,956 | 1,291,823 | 1,036,856 | 852,119 | 736,280 | 609,452 |
Dividends Paid | 2,500,000 | 1,500,000 | 2,200,000 | 2,500,000 | 0 | 0 | 0 | 1,500,000 | 0 | 5,500,000 | 450,000 | 200,000 | 420,000 | 450,000 | 400,000 |
Retained Profit | 869,654 | 397,016 | -683,063 | -312,509 | 2,460,419 | 918,346 | 453,473 | -513,919 | 1,841,392 | -4,237,044 | 841,823 | 836,856 | 432,119 | 286,280 | 209,452 |
Employee Costs | 3,407,664 | 2,901,473 | 2,458,389 | 2,581,270 | 1,881,075 | 1,463,513 | 1,353,858 | 1,296,034 | 1,080,139 | 1,027,461 | 977,039 | 1,036,605 | |||
Number Of Employees | 69 | 60 | 58 | 50 | 49 | 48 | 49 | 47 | 39 | 38 | 41 | 36 | 36 | 35 | 38 |
EBITDA* | 5,331,564 | 2,815,559 | 2,637,448 | 3,444,051 | 3,639,838 | 2,077,255 | 1,223,354 | 1,779,141 | 2,781,836 | 2,001,285 | 2,006,978 | 1,630,082 | 1,425,480 | 1,279,385 | 1,249,124 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 5,256,883 | 4,152,086 | 4,043,943 | 3,753,584 | 3,683,945 | 3,375,318 | 3,287,184 | 3,061,368 | 2,764,900 | 2,584,680 | 2,579,219 | 2,659,460 | 2,412,090 | 2,116,357 | 1,938,018 |
Intangible Assets | 188,000 | 38,000 | 50,000 | 0 | 0 | 0 | 397,888 | 496,805 | 485,435 | 150,688 | 70,395 | 76,253 | 35,798 | 39,405 | 43,012 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 5,444,883 | 4,190,086 | 4,093,943 | 3,753,584 | 3,683,945 | 3,375,318 | 3,685,072 | 3,558,173 | 3,250,335 | 2,735,368 | 2,649,614 | 2,735,713 | 2,447,888 | 2,155,762 | 1,981,030 |
Stock & work in progress | 283,342 | 243,801 | 268,274 | 177,350 | 161,913 | 150,070 | 171,112 | 158,283 | 116,537 | 100,410 | 161,641 | 131,658 | 145,862 | 56,524 | 36,993 |
Trade Debtors | 1,685,715 | 1,352,595 | 1,296,426 | 1,044,425 | 1,125,602 | 935,737 | 898,478 | 710,044 | 679,679 | 740,081 | 682,111 | 783,255 | 666,774 | 811,648 | 503,976 |
Group Debtors | 404 | 1,000 | 448 | 2,455 | 202 | 0 | 16,273 | 1,824 | 2,782 | 0 | 187,231 | 734,488 | 1,002,336 | 1,485,869 | 1,455,134 |
Misc Debtors | 424,544 | 290,488 | 278,180 | 182,164 | 204,901 | 152,066 | 395,924 | 368,561 | 297,664 | 189,631 | 361,026 | 233,901 | 138,797 | 135,485 | 50,349 |
Cash | 1,608,722 | 908,512 | 106,457 | 1,208,403 | 1,782,326 | 244,487 | 301,355 | 150,930 | 1,169,147 | 957 | 3,818,647 | 2,521,831 | 1,803,767 | 1,450,759 | 1,148,469 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 4,002,727 | 2,796,396 | 1,949,785 | 2,614,797 | 3,274,944 | 1,482,360 | 1,783,142 | 1,389,642 | 2,265,809 | 1,031,079 | 5,210,656 | 4,405,133 | 3,757,536 | 3,940,285 | 3,194,921 |
total assets | 9,447,610 | 6,986,482 | 6,043,728 | 6,368,381 | 6,958,889 | 4,857,678 | 5,468,214 | 4,947,815 | 5,516,144 | 3,766,447 | 7,860,270 | 7,140,846 | 6,205,424 | 6,096,047 | 5,175,951 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 351,499 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 1,825,175 | 1,462,153 | 1,313,546 | 1,005,777 | 1,299,291 | 744,183 | 911,678 | 628,639 | 964,934 | 743,631 | 739,474 | 877,120 | 729,889 | 1,069,278 | 562,258 |
Group/Directors Accounts | 154,900 | 253,453 | 108,736 | 134,979 | 98,598 | 115,709 | 117,604 | 204,883 | 28,971 | 44,099 | 12,096 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 241,653 | 217,458 | 232,148 | 219,002 | 203,463 | 122,245 | 70,610 | 42,348 | 40,033 | 100,966 | 141,085 | 124,332 | 106,591 | 81,506 | 44,814 |
other current liabilities | 1,739,769 | 715,203 | 580,827 | 747,027 | 659,047 | 360,279 | 279,973 | 464,571 | 473,038 | 331,530 | 466,388 | 250,134 | 414,973 | 456,443 | 484,525 |
total current liabilities | 3,961,497 | 2,648,267 | 2,235,257 | 2,106,785 | 2,260,399 | 1,342,416 | 1,379,865 | 1,340,441 | 1,506,976 | 1,571,725 | 1,359,043 | 1,251,586 | 1,251,453 | 1,607,227 | 1,091,597 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 357,450 | 380,785 | 363,085 | 373,917 | 486,207 | 302,438 | 224,663 | 161,039 | 0 | 40,033 | 140,998 | 317,901 | 191,389 | 157,135 | 50,179 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 825,340 | 523,761 | 408,733 | 167,963 | 180,058 | 141,018 | 210,226 | 246,348 | 295,262 | 282,175 | 250,671 | 303,624 | 331,703 | 332,925 | 321,695 |
total long term liabilities | 1,182,790 | 904,546 | 771,818 | 541,880 | 666,265 | 443,456 | 434,889 | 407,387 | 295,262 | 322,208 | 391,669 | 621,525 | 523,092 | 490,060 | 371,874 |
total liabilities | 5,144,287 | 3,552,813 | 3,007,075 | 2,648,665 | 2,926,664 | 1,785,872 | 1,814,754 | 1,747,828 | 1,802,238 | 1,893,933 | 1,750,712 | 1,873,111 | 1,774,545 | 2,097,287 | 1,463,471 |
net assets | 4,303,323 | 3,433,669 | 3,036,653 | 3,719,716 | 4,032,225 | 3,071,806 | 3,653,460 | 3,199,987 | 3,713,906 | 1,872,514 | 6,109,558 | 5,267,735 | 4,430,879 | 3,998,760 | 3,712,480 |
total shareholders funds | 4,303,323 | 3,433,669 | 3,036,653 | 3,719,716 | 4,032,225 | 3,071,806 | 3,653,460 | 3,199,987 | 3,713,906 | 1,872,514 | 6,109,558 | 5,267,735 | 4,430,879 | 3,998,760 | 3,712,480 |
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | 4,438,892 | 2,057,556 | 1,889,934 | 2,741,609 | 3,040,606 | 1,096,869 | 570,038 | 1,226,893 | 2,278,403 | 1,620,045 | 1,647,396 | 1,262,202 | 1,107,261 | 1,016,060 | 839,668 |
Depreciation | 862,672 | 746,003 | 737,514 | 702,442 | 599,232 | 582,498 | 522,398 | 443,618 | 469,900 | 353,847 | 353,724 | 363,335 | 314,612 | 259,718 | 405,849 |
Amortisation | 30,000 | 12,000 | 10,000 | 0 | 0 | 397,888 | 130,918 | 108,630 | 33,533 | 27,393 | 5,858 | 4,545 | 3,607 | 3,607 | 3,607 |
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 |
Stock | 39,541 | -24,473 | 90,924 | 15,437 | 11,843 | -21,042 | 12,829 | 41,746 | 16,127 | -61,231 | 29,983 | -14,204 | 89,338 | 19,531 | 36,993 |
Debtors | 466,580 | 69,029 | 346,010 | -101,661 | 242,902 | -222,872 | 230,246 | 100,304 | 50,413 | -300,656 | -521,276 | -56,263 | -625,095 | 423,543 | 2,009,459 |
Creditors | 363,022 | 148,607 | 307,769 | -293,514 | 555,108 | -167,495 | 283,039 | -336,295 | 221,303 | 4,157 | -137,646 | 147,231 | -339,389 | 507,020 | 562,258 |
Accruals and Deferred Income | 1,024,566 | 134,376 | -166,200 | 87,980 | 298,768 | 80,306 | -184,598 | -8,467 | 141,508 | -134,858 | 216,254 | -164,839 | -41,470 | -28,082 | 484,525 |
Deferred Taxes & Provisions | 301,579 | 115,028 | 240,770 | -12,095 | 39,040 | -69,208 | -36,122 | -48,914 | 13,087 | 31,504 | -52,953 | -28,079 | -1,222 | 11,230 | 321,695 |
Cash flow from operations | 5,471,262 | 3,026,535 | 2,227,168 | 2,772,853 | 3,707,578 | 1,993,874 | 929,337 | 1,007,109 | 2,663,446 | 1,920,218 | 2,181,351 | 1,444,036 | 1,312,372 | 1,028,211 | 344,202 |
Investing Activities | |||||||||||||||
capital expenditure | -360,580 | -463,801 | -235,302 | 1,071,570 | |||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | -360,580 | -463,801 | -235,302 | 1,071,570 | |||||||||||
Financing Activities | |||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | -98,553 | 144,717 | -26,243 | 36,381 | -17,111 | -1,895 | -87,279 | 175,912 | -15,128 | 32,003 | 12,096 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 860 | 3,010 | 2,314 | -96,751 | 264,987 | 129,410 | 91,886 | 163,354 | -100,966 | -141,084 | -160,150 | 144,253 | 59,339 | 143,648 | 94,993 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | |||||||||||||||
interest | -25,890 | -18,061 | -17,312 | -14,325 | -9,756 | -7,625 | -3,304 | -4,506 | -9,263 | -13,332 | -12,998 | -14,520 | 11,642 | 18,488 | -3,268 |
cash flow from financing | -123,583 | 129,666 | -41,241 | -74,695 | -1,261,880 | -1,380,110 | 1,303 | 334,760 | -125,357 | -122,413 | -161,052 | 129,733 | 70,981 | 162,136 | 3,594,753 |
cash and cash equivalents | |||||||||||||||
cash | 700,210 | 802,055 | -1,101,946 | -573,923 | 1,537,839 | -56,868 | 150,425 | -1,018,217 | 1,168,190 | -3,817,690 | 1,296,816 | 718,064 | 353,008 | 302,290 | 1,148,469 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -351,499 | 351,499 | 0 | 0 | 0 | 0 | 0 |
change in cash | 700,210 | 802,055 | -1,101,946 | -573,923 | 1,537,839 | -56,868 | 150,425 | -1,018,217 | 1,519,689 | -4,169,189 | 1,296,816 | 718,064 | 353,008 | 302,290 | 1,148,469 |
j gas limited Credit Report and Business Information
J Gas Limited Competitor Analysis
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 directors
J Gas Limited currently has 4 directors. The longest serving directors include Mr Alan Elliott (Jun 2006) and Mr Samuel Johnston (Sep 2009).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Alan Elliott | Scotland | 59 years | Jun 2006 | - | Director |
Mr Samuel Johnston | Scotland | 41 years | Sep 2009 | - | Director |
Mr Kenneth Gardner | United Kingdom | 58 years | Nov 2014 | - | Director |
Mr Russell Fleming | Scotland | 48 years | Jan 2019 | - | Director |
P&L
December 2023turnover
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 2023net 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.
j gas limited Companies House Filings - See Documents
date | description | view/download |
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