gas bus alliance ltd
gas bus alliance ltd Company Information
Company Number
SC290197
Website
-Registered Address
7 castle street, edinburgh, EH2 3AH
Industry
Other transportation support activities
Telephone
-
Next Accounts Due
260 days late
Group Structure
View All
Directors
David Hurren4 Years
Shareholders
gas alliance solutions holdings ltd 100%
gas bus alliance ltd Estimated Valuation
Pomanda estimates the enterprise value of GAS BUS ALLIANCE LTD at £9.9m based on a Turnover of £15.7m and 0.63x industry multiple (adjusted for size and gross margin).
gas bus alliance ltd Estimated Valuation
Pomanda estimates the enterprise value of GAS BUS ALLIANCE LTD at £8.5m based on an EBITDA of £2.4m and a 3.54x industry multiple (adjusted for size and gross margin).
gas bus alliance ltd Estimated Valuation
Pomanda estimates the enterprise value of GAS BUS ALLIANCE LTD at £9.7m based on Net Assets of £5.6m and 1.73x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Gas Bus Alliance Ltd Overview
Gas Bus Alliance Ltd is a live company located in edinburgh, EH2 3AH with a Companies House number of SC290197. It operates in the other transportation support activities sector, SIC Code 52290. Founded in September 2005, it's largest shareholder is gas alliance solutions holdings ltd with a 100% stake. Gas Bus Alliance Ltd is a established, mid sized company, Pomanda has estimated its turnover at £15.7m with rapid growth in recent years.
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Gas Bus Alliance Ltd Health Check
Pomanda's financial health check has awarded Gas Bus Alliance Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 9 measures and has 2 areas for improvement. Company Health Check FAQs
9 Strong
1 Regular
2 Weak
Size
annual sales of £15.7m, make it larger than the average company (£7.8m)
£15.7m - Gas Bus Alliance Ltd
£7.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 70%, show it is growing at a faster rate (2.1%)
- Gas Bus Alliance Ltd
2.1% - Industry AVG
Production
with a gross margin of 23.5%, this company has a comparable cost of product (22.3%)
23.5% - Gas Bus Alliance Ltd
22.3% - Industry AVG
Profitability
an operating margin of 14.1% make it more profitable than the average company (3.7%)
14.1% - Gas Bus Alliance Ltd
3.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (38)
1 - Gas Bus Alliance Ltd
38 - Industry AVG
Pay Structure
on an average salary of £23k, the company has a lower pay structure (£41.2k)
£23k - Gas Bus Alliance Ltd
£41.2k - Industry AVG
Efficiency
resulting in sales per employee of £15.7m, this is more efficient (£211.5k)
£15.7m - Gas Bus Alliance Ltd
£211.5k - Industry AVG
Debtor Days
it gets paid by customers after 41 days, this is earlier than average (56 days)
41 days - Gas Bus Alliance Ltd
56 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (40 days)
0 days - Gas Bus Alliance Ltd
40 days - Industry AVG
Stock Days
it holds stock equivalent to 1 days, this is less than average (5 days)
1 days - Gas Bus Alliance Ltd
5 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 17 weeks, this is more cash available to meet short term requirements (14 weeks)
17 weeks - Gas Bus Alliance Ltd
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 62.6%, this is a lower level of debt than the average (70.8%)
62.6% - Gas Bus Alliance Ltd
70.8% - Industry AVG
GAS BUS ALLIANCE LTD financials
Gas Bus Alliance Ltd's latest turnover from December 2021 is £15.7 million and the company has net assets of £5.6 million. According to their latest financial statements, Gas Bus Alliance Ltd has 1 employee and maintains cash reserves of £3.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2021 | Dec 2020 | Dec 2019 | Aug 2019 | Aug 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 15,654,000 | 11,013,000 | |||||||||||
| Other Income Or Grants | 0 | 0 | |||||||||||
| Cost Of Sales | 11,982,000 | 5,925,000 | |||||||||||
| Gross Profit | 3,672,000 | 5,088,000 | |||||||||||
| Admin Expenses | 1,468,000 | 1,311,000 | |||||||||||
| Operating Profit | 2,204,000 | 3,777,000 | |||||||||||
| Interest Payable | 5,000 | 1,000 | |||||||||||
| Interest Receivable | 0 | 0 | |||||||||||
| Pre-Tax Profit | 2,199,000 | 3,776,000 | |||||||||||
| Tax | -812,000 | -651,000 | |||||||||||
| Profit After Tax | 1,387,000 | 3,125,000 | |||||||||||
| Dividends Paid | 0 | 0 | |||||||||||
| Retained Profit | 1,387,000 | 3,125,000 | |||||||||||
| Employee Costs | 23,000 | 323,000 | |||||||||||
| Number Of Employees | 1 | 3 | 5 | 6 | 7 | 4 | 3 | ||||||
| EBITDA* | 2,408,000 | 3,905,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2021 | Dec 2020 | Dec 2019 | Aug 2019 | Aug 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,320,000 | 1,838,000 | 2,486,368 | 1,887,378 | 1,874,365 | 264,790 | 264,139 | 343,068 | 266,026 | 44,124 | 30,955 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 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 |
| Total Fixed Assets | 2,320,000 | 1,838,000 | 2,486,368 | 1,887,378 | 1,874,365 | 264,790 | 264,139 | 343,068 | 266,026 | 44,124 | 30,955 | 0 | 0 |
| Stock & work in progress | 64,000 | 36,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,795,000 | 1,523,000 | 557,892 | 545,981 | 826,033 | 1,256,914 | 228,055 | 329,550 | 268,206 | 81,759 | 2,501 | 0 | 0 |
| Group Debtors | 0 | 2,384,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 7,738,000 | 3,227,000 | 1,493,410 | 171,282 | 196,308 | 242,068 | 134,113 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 3,075,000 | 2,657,000 | 866,571 | 1,080,740 | 531,162 | 203,661 | 420,025 | 265,343 | 21,738 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 12,672,000 | 9,827,000 | 2,917,873 | 1,798,003 | 1,553,503 | 1,702,643 | 782,193 | 594,893 | 289,944 | 81,759 | 2,501 | 0 | 0 |
| total assets | 14,992,000 | 11,665,000 | 5,404,241 | 3,685,381 | 3,427,868 | 1,967,433 | 1,046,332 | 937,961 | 555,970 | 125,883 | 33,456 | 0 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 39,694 | 0 | 0 | 1,323 | 3,800 | 3,528 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 41,564 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 11,000 | 297,000 | 171,995 | 294,685 | 137,746 | 245,829 | 27,514 | 178,132 | 181,122 | 62,367 | 29,825 | 0 | 0 |
| Group/Directors Accounts | 3,297,000 | 4,795,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 2,632 | 6,855 | 36,286 | 73,382 | 70,749 | 62,886 | 37,532 | 2,051 | 2,051 | 0 | 0 |
| other current liabilities | 5,748,000 | 2,270,000 | 2,978,086 | 2,015,737 | 2,116,048 | 1,771,401 | 255,243 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 9,056,000 | 7,362,000 | 3,152,713 | 2,358,841 | 2,329,774 | 2,090,612 | 353,506 | 242,341 | 222,454 | 67,946 | 31,876 | 0 | 0 |
| loans | 0 | 0 | 0 | 373,278 | 414,842 | 0 | 0 | 0 | 995 | 4,795 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 6,721 | 7,598 | 20,897 | 102,890 | 153,249 | 207,684 | 143,995 | 1,532 | 3,583 | 0 | 0 |
| Accruals and Deferred Income | 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 |
| provisions | 328,000 | 82,000 | 293,721 | 251,739 | 220,503 | 8,981 | 46,566 | 61,231 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 328,000 | 82,000 | 300,442 | 632,615 | 656,242 | 111,871 | 199,815 | 268,915 | 144,990 | 6,327 | 3,583 | 0 | 0 |
| total liabilities | 9,384,000 | 7,444,000 | 3,453,155 | 2,991,456 | 2,986,016 | 2,202,483 | 553,321 | 511,256 | 367,444 | 74,273 | 35,459 | 0 | 0 |
| net assets | 5,608,000 | 4,221,000 | 1,951,086 | 693,925 | 441,852 | -235,050 | 493,011 | 426,705 | 188,526 | 51,610 | -2,003 | 0 | 0 |
| total shareholders funds | 5,608,000 | 4,221,000 | 1,951,086 | 693,925 | 441,852 | -235,050 | 493,011 | 426,705 | 188,526 | 51,610 | -2,003 | 0 | 0 |
| Dec 2021 | Dec 2020 | Dec 2019 | Aug 2019 | Aug 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | 2,204,000 | 3,777,000 | |||||||||||
| Depreciation | 204,000 | 128,000 | 604,005 | 44,517 | 157,845 | 115,132 | 108,289 | 87,331 | 67,459 | 9,998 | 8,188 | ||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Tax | -812,000 | -651,000 | |||||||||||
| Stock | 28,000 | 36,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 2,399,000 | 5,082,698 | 1,028,961 | -305,078 | -476,641 | 1,136,814 | 32,618 | 61,344 | 186,447 | 79,258 | 2,501 | 0 | 0 |
| Creditors | -286,000 | 125,005 | 34,249 | 156,939 | -108,083 | 218,315 | -150,618 | -2,990 | 118,755 | 32,542 | 29,825 | 0 | 0 |
| Accruals and Deferred Income | 3,478,000 | -708,086 | 862,038 | -100,311 | 344,647 | 1,516,158 | 255,243 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 246,000 | -211,721 | 73,218 | 31,236 | 211,522 | -37,585 | -14,665 | 61,231 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 2,607,000 | -2,659,500 | |||||||||||
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||
| Financing Activities | |||||||||||||
| Bank loans | 0 | 0 | 0 | 41,564 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -1,498,000 | 4,795,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | -414,842 | -41,564 | 414,842 | 0 | 0 | -995 | -3,800 | 4,795 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | -9,353 | -47,830 | -42,730 | -119,089 | -47,726 | -46,572 | 89,043 | 177,944 | -2,051 | 5,634 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||
| interest | -5,000 | -1,000 | |||||||||||
| cash flow from financing | -1,503,000 | 3,929,561 | |||||||||||
| cash and cash equivalents | |||||||||||||
| cash | 418,000 | 1,790,429 | 335,409 | 549,578 | 327,501 | -216,364 | 154,682 | 243,605 | 21,738 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | -39,694 | -39,694 | 39,694 | 0 | -1,323 | -2,477 | 272 | 3,528 | 0 | 0 | 0 |
| change in cash | 418,000 | 1,790,429 | 375,103 | 589,272 | 287,807 | -216,364 | 156,005 | 246,082 | 21,466 | -3,528 | 0 | 0 | 0 |
gas bus alliance ltd Credit Report and Business Information
Gas Bus Alliance Ltd Competitor Analysis
Perform a competitor analysis for gas bus alliance ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
gas bus alliance ltd Ownership
GAS BUS ALLIANCE LTD group structure
Gas Bus Alliance Ltd has no subsidiary companies.
Ultimate parent company
1 parent
GAS BUS ALLIANCE LTD
SC290197
gas bus alliance ltd directors
Gas Bus Alliance Ltd currently has 1 director, Mr David Hurren serving since Dec 2019.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Hurren | United Kingdom | 61 years | Dec 2019 | - | Director |
P&L
December 2021turnover
15.7m
+42%
operating profit
2.2m
-42%
gross margin
23.5%
-49.23%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2021net assets
5.6m
+0.33%
total assets
15m
+0.29%
cash
3.1m
+0.16%
net assets
Total assets minus all liabilities
gas bus alliance ltd company details
company number
SC290197
Type
Private limited with Share Capital
industry
52290 - Other transportation support activities
incorporation date
September 2005
age
19
accounts
Full Accounts
ultimate parent company
previous names
auld alliance l e p limited (July 2010)
incorporated
UK
address
7 castle street, edinburgh, EH2 3AH
last accounts submitted
December 2021
gas bus alliance 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 gas bus alliance ltd. Currently there are 0 open charges and 1 have been satisfied in the past.
gas bus alliance ltd Companies House Filings - See Documents
| date | description | view/download |
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