BRITISH GAS LIMITED

Company Information

Company Number
08811254
Registered Address
Millstream, Maidenhead Road, Windsor, Berkshire, SL4 5GD
Status
Active
Employee Count
0
Turnover
£17,121,000,000
EBITDA
£13,000,000

Additional Details

Company Type
Private limited Company
Incorporated On
11 December 2013
Nature of Business
35140 - Trade of electricity
35230 - Trade of gas through mains
Industries
Property,Infrastructure And Construction
Region
South East

Company Review

Trend Analysis

There is no data available for British Gas Limited for the periods between 2018-01-01 and 2020-06-30. However, data is available for the periods between 2020-07-01 and 2023-12-31.

Volatility Analysis

The average time taken for British Gas Limited to pay invoices to suppliers has remained relatively stable over the past three periods, with an average of around 45 days. However, there has been an increase in the percentage of invoices paid within 30 days, from 55.7% in the period between 2020-07-01 and 2020-12-31 to 60.4% in the period between 2021-01-01 and 2021-06-30. This indicates an improvement in the company's payment efficiency towards early payment.

Summary Analysis

Based on the available data, British Gas Limited has shown improvement in their payment efficiency towards early payment, with an increase in the percentage of invoices paid within 30 days. There has also been a decrease in the percentage of invoices paid later than 60 days, indicating an improvement in the company's payment timeliness. However, there has been a decrease in the percentage of invoices paid between 31 and 60 days, which could suggest that British Gas Limited has been able to pay a higher number of invoices within the agreed terms.

Performance Reports History

Reporting Period Filed: 2024-01-26
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2023 - 31 Dec 202326 Jan 2024
01 Jan 2023 - 30 Jun 202328 Jul 2023
01 Jul 2022 - 31 Dec 202227 Jan 2023
01 Jan 2022 - 30 Jun 202229 Jul 2022
01 Jul 2021 - 31 Dec 202125 Jan 2022
01 Jan 2021 - 30 Jun 202126 Jul 2021
01 Jul 2020 - 31 Dec 202028 Jan 2021
01 Jan 2020 - 30 Jun 202030 Jul 2020
01 Jul 2019 - 31 Dec 201929 Jan 2020
01 Jan 2019 - 30 Jun 201923 Sept 2019
01 Jul 2018 - 31 Dec 201828 Jan 2019
01 Jan 2018 - 30 Jun 201826 Jul 2018

Payment Time Trends

Payment Distribution Trends

Company Summary

British Gas Limited is the largest energy supplier in the United Kingdom, providing gas and electricity to over 12 million homes and businesses. The company is a subsidiary of Centrica plc and was established in 1997. Its main headquarters is located in Windsor, Berkshire.

The primary activities of British Gas Limited include the production, distribution, and supply of gas and electricity to its customers. The company also offers various energy-related products and services such as boiler installation and repair, smart home technology, and energy efficiency advice.

As a responsible energy provider, British Gas Limited has a strong focus on sustainability. The company has committed to reducing its carbon emissions and has invested in renewable energy sources such as wind and solar power. It also offers green energy tariffs to its customers, allowing them to reduce their carbon footprint.

Some key people in British Gas Limited include Chris O'Shea, the CEO, and Sarwjit Sambhi, the Managing Director of Centrica Consumer. They are leading the company's efforts towards a more sustainable future.

Customers can contact British Gas Limited through their website or by phone for inquiries, complaints, or to sign up for their services. The company's registered office address is Millstream, Maidenhead Road, Windsor, Berkshire, SL4 5GD.

In conclusion, British Gas Limited is a leading energy provider in the UK, offering a wide range of products and services while prioritizing sustainability. With a strong commitment to reducing carbon emissions and providing renewable energy options, the company is striving towards a more sustainable future for all.

Financial Metrics

Cash
£0
Net Worth
£86,500,000
Total Current Assets
£4,201,200,000
Total Current Liabilities
£4,413,400,000

Company Location