FLOGAS NATURAL GAS LTD

AIRPORT ROAD WEST, SYDENHAM, BELFAST, BT3 9ED

Previous name: MOYNE SHELF COMPANY (NO. 351) LIMITED (changed on 21-May-2014)

Company Number: NI622648
Incorporation date: 04-Feb-2014
Status: Active
Entity type: Private Limited Company

SIC codes:
35230 Trade of gas through mains





SUMMARY

This company is 10.2 years old and is currently active. It is controlled by Dcc Plc. The company has positive equity (net assets) of GBP 5.8 million which has increased from GBP 1.6 million in the previous year. The latest reported revenue figure is GBP 11.5 million which is up 50% on previous year's figure of GBP 7.5 million. The company has 5 active officers (directors or partners) who are or were officers of 8 other companies. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.


FINANCIALS (BETA)

Next accounts due: 31-Dec-2024
Accounts Filed: FULL (31-Mar-2023)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
31-Mar-2022 GBP 11,470,000 1,435,000 272,000 1,163,000
31-Mar-2021 GBP 7,470,000 509,000 97,000 412,000
31-Mar-2020 GBP 12,581,000 416,000 1,787,000
31-Mar-2019 GBP 13,581,000 196,000 837,000
31-Mar-2018 GBP 13,154,000 133,000 -569,000


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Mar-2022 GBP 2,742,000 11,706,002 5,881,000 2 2,447,000 5,836,002
31-Mar-2021 GBP 5,058,000 7,443,002 5,838,000 2 1,284,000 1,622,002
31-Mar-2020 GBP 3,672,000 5,143,000 4,571,000 872,000 596,000
31-Mar-2019 GBP 208,000 2,549,000 3,505,000 -915,000 -923,000
31-Mar-2018 GBP 2,576,000 4,122,000 -1,752,000 -1,540,000

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
31-Mar-2021 GBP 100.00% 2 0 2 -4,364,999
* Average valuation during the period
** Estimated based on average Cash and Debt levels during period

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
Active Sharon BOYCE 16 Nov 2023 28 Mar 2024 1 - 0
Resigned Sharon Eileen BOYLE 16 Sep 2022 16 Nov 2023 0 - 1
Resigned Paul KENNY 31 Jul 2018 16 Sep 2022 0 - 1
Resigned Mark GANNON 20 May 2014 31 Jul 2018 0 - 1
Resigned MOYNE SECRETARIAL LIMITED 04 Feb 2014 20 May 2014 9 - 247

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Steven Michael TAYLOR 16 Nov 2023 Managing Director British 3 - 00 (0.0%)
Active Sean O'LOUGHLIN 16 Nov 2023 General Manager Irish 1 - 00 (0.0%)
Active Stephen CASEY 16 Nov 2023 Accountant Irish 1 - 00 (0.0%)
Active Sharon Eileen BOYLE 16 Sep 2022 Chartered Accountant Irish 9 - 00 (0.0%)
Resigned Paul KENNY 31 Jul 2018 16 Sep 2022 Finance Director Irish 1 - 90 (0.0%)
Resigned Stephen Valentine JOHNSTON 04 Dec 2017 16 Nov 2023 Finance Director Irish 0 - 110 (0.0%)
Active John ROONEY 04 Nov 2014 Managing Director Irish 1 - 00 (0.0%)
Resigned Mark GANNON 20 May 2014 31 Jul 2018 Director Irish 0 - 20 (0.0%)
Resigned Richard MARTIN 20 May 2014 04 Nov 2014 Director Irish 0 - 30 (0.0%)
Resigned Mark Edward PLYTE 20 May 2014 04 Dec 2017 Director British 0 - 508 (16.0%)
Resigned Henry CUBBON 20 May 2014 31 Mar 2023 Director British 0 - 20 (0.0%)
Resigned John Joseph KEARNS 04 Feb 2014 20 May 2014 Solicitor Irish 5 - 11241 (35.0%)
Resigned Chris GUY 04 Feb 2014 20 May 2014 Solicitor Irish 3 - 262 (6.9%)
Number of active directors: 5
Average tenure of active directors: 2.4 years
Average tenure of resigned directors: 3.5 years
Average active director Dissolution Rate: 0.0%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
FLOGAS ENTERPRISE SOLUTIONS (UK) LIMITED (07232701) - Active
DCC ENERGY LTD (NI010293) - Active
ATLAS RECYCLERS LIMITED (NI011004) - Active
ALLIED OILS LIMITED (NI018101) - Active
ATLAS RECYCLERS 2 LIMITED (NI021518) - Active
EMO OIL (N.I.) LIMITED (NI021543) - Active
KANE FUELS LIMITED (NI029148) - Active
BUDGET ENERGY LIMITED (NI073739) - Active
FLOGAS NATURAL GAS LTD (NI622648) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2016-02-042015-02-04
FLOGAS NATURAL GAS LIMITEDORDINARY2
100%
2
100%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES


    • >75%:Dcc Plc (622648 - United Kingdom) active

    Controlling entities above

    FLOGAS NATURAL GAS LTD

    no controlled companies

    LATE PAYMENTS REPORT


    This company has not filed any late payment reports possibly because it is not considered \'Large\'.

    COURT CASES


    No Court Cases found

    PATENTS


    No Patents found

    COMPETITORS

    (Based on Sic code: 35230 Trade of gas through mains)

    Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
    ORSTED SALES (UK) LIMITED 5 HOWICK PLACE, LONDON, SW1P 1WG 02405635 2017-12-31 439,663,000 -5,198,000
    STORENGY UK LIMITED STUBLACH SITE, KING STREET, NORTHWICH, CHESHIRE, CW9 7SE 06311795 2017-12-31 173,722,000 -4,683,000
    CORONA ENERGY RETAIL 2 LIMITED 50 LOTHIAN ROAD, FESTIVAL SQUARE, EDINBURGH, EH3 9WJ SC138299 2018-03-31 144,933,571 4,001,416
    SSE AIRTRICITY GAS SUPPLY (NI) LIMITED MILLENNIUM HOUSE, 25 GREAT VICTORIA STREET, BELFAST, NORTHERN IRELAND, BT2 7AQ NI032810 2018-03-31 99,801,000 2,119,000
    OPUS GAS SUPPLY LIMITED DRAX POWER STATION, SELBY, NORTH YORKSHIRE, UNITED KINGDOM, YO8 8PH 06874709 2017-12-31 83,708,000 -1,573,000
    NATIONAL GRID METERING LIMITED NATIONAL GRID HOUSE WARWICK TECHNOLOGY PARK, GALLOWS HILL, WARWICK, CV34 6DA 03705992 2018-03-31 66,071,000 4,729,000
    PHOENIX NATURAL GAS LIMITED 197 AIRPORT ROAD WEST, BELFAST, BT3 9ED NI032809 2017-12-31 54,138,000 -1,715,000
    BOYCE-HEWITT SERVICES LIMITED 3 HILLARY CLOSE, BURTON LATIMER, KETTERING, NORTHAMPTONSHIRE, ENGLAND, NN15 5FF 07511624 2019-01-31 19,376 0
    GREENWAY PLUMBING AND HEATING LIMITED 41 HENGOED CRESCENT, CEFN HENGOED, HENGOED, WALES, CF82 7HG 10551067 2019-01-31 100 0
    CORONA ENERGY RETAIL 1 LIMITED BUILDING 2 LEVEL 2, CROXLEY PARK, WATFORD, UNITED KINGDOM, WD18 8YA 03241002 0000-00-00 0 0

    LIQUIDATION RISK (BETA)



    This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
    Here are our probability predictions:
    Basis Liquidation within 3 months Liquidation within 6 months Liquidation within 12 months Prediction confidence
    FLOGAS NATURAL GAS LTD 0.7% 3.6% 7.1% Medium
    Other companies Active in the same sector Too few competitors
    Age 0.4% 1.7% 3.3% Medium
    Company Type 0.7% 3.7% 7.4% Medium
    Accounts category 0.7% 2.2% 3.8% Medium
    Accounting Month 0.5% 1.8% 3.9% Medium
    Sic code count 0.7% 3.5% 7.0% Medium
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