CNG SERVICES LTD

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  +113.9%

  £5,591,902 → £11,958,726

• Cash

  -7.6%

  £1,612,142 → £1,490,011

• Net assets

  +29.1%

  £3,295,533 → £4,255,023

• Employees

  0%

  26 → 26

• Operating profit

  +269%

  -£505,983 → £854,922

• Profit before tax

  +307.4%

  -£435,635 → £903,390

• Wages

  +8.7%

  £1,358,509 → £1,476,315

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Azets Audit Services

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis, which assumes that the company will continue in operational existence for the foreseeable future being at least 12 months from the approval of the financial statements.”

Significant events

• “CNG Services Ltd (CSL) reported a profit before tax for the year of £903,390 (2024 loss of £435,635). The net assets position of the business at 31 March 2025 was £4,255,023 (2024 £3,295,533).”
• “CSL has worked on 2 large projects at Chittering and Mepal which have been completed in Q1/Q2 2024. Both these plants capture Liquid Bio-CO2.”
• “CSL supported the first of a new wave of projects that was completed in Q1 2025.”
• “The largest project under development is a Biomethane project in Lincolnshire with liquid Bio-CO2, injection into the NTS and Bio-CNG trucks.”
• “At Vale Green Energy, Pershore, a project has been completed to make this into a major decanting centre to being satellite sources (with no gas grid option) of compressed upgraded biogas (CUB) and inject into the grid.”
• “A similar facility at Vulcan Renewables near Doncaster was completed in Q4 2024 with CSL providing design and build services. CSL is also working on 2 projects to take CUB to VR.”
• “The company has received a Gas Transporters Licence and worked with Barrow Shipping Ltd to modify the gas network code to facilitate Reverse Compression (RC) projects to create capacity for biomethane. The company aims to install its first RC by summer 2025 at High Bickington in the Wales and West Utilities area. Another 15 potential RC projects have been identified.”
• “In Q4 2024, CSL completed a project to inject biomethane into its 19 bar IGT pipeline which was allowed following a modification to the network code in 2024.”
• “The new Iveco 6 x 2 and Scania 6 x 2 Bio-CNG offerings are expected to greatly expand the market and is ideally suited to using the high pressure NTS as a source of the fuel.”
• “Biomethane projects in NI are now being developed for the first time. The Republic of Ireland now has a financial support scheme for biomethane and this could be a good market for the company.”
• “CSL has and remains working on a number of Green H2 to Industrial customer projects under the DESNZ HAR 1 and HAR2 schemes.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.