UNITED GAS & POWER 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

  +5.2%

  £118,896,110 → £125,121,830

• Cash

  +12.8%

  £33,737,454 → £38,042,234

• Net assets

  +8%

  £36,400,834 → £39,330,821

• Employees

  +25.3%

  75 → 94

• Operating profit

  -43.1%

  £28,551,936 → £16,236,077

• Profit before tax

  -40.2%

  £28,847,894 → £17,255,493

• Wages

  +27.8%

  £4,228,610 → £5,402,719

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.

1. UNITED GAS & POWER LTD 2015-08-27 → present
2. KRAVE MANAGEMENT LTD 2013-01-14 → 2015-08-27

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Brown Butler Chartered Accountants

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have undertaken a review of the future prospects of the group taking into account its current position and principal risks. This review considered both the group's prospects and also its ability to continue in operation and to meet its liabilities and other financial commitments as they fall due over the 12 months period following approval of these financial statements. The review also considered the potential impacts of volatility on market prices on the sector in which the group operates and also on the group itself. Based on this review which identified various mitigation strategies and included stress-tested financial forecasts and projections, the directors have a reasonable expectation that the group and the company have adequate resources and support to continue in operation for at least 12 months from the date of approval of these financial statements.”

Group structure

1. UNITED GAS & POWER LTD · parent
   1. United Gas & Power Trading Ltd 100% · England and Wales · Non-trading
   2. Mongoose Energy Supply Limited 100% · England and Wales · Gas shipper

Significant events

• “A new in-house Sales Customer Journey and Pricing system went live within the year”
• “significant commitment to the rollout of smart metering in addition to the Market-wide Half-Hourly Settlement (MHHS) project”
• “continued its partnership with local charity One in a Million... resulting in donations of £12,750... pledged to gift £20,000 annually”
• “exploring how AI can be used to improve business processes and efficiency”

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.