National Gas Metering Limited
Registered name: NATIONAL GAS METERING LIMITED
Part of Luppiter Consortium Limited groupNational Gas Metering Limited made £57.1m revenue and £3.8m profit in the year to 31 Mar 2026.
National Gas Metering Limited’s revenue grew 2% to £57.1m in the year to 31 Mar 2026, with £3.8m profit and 151 employees. The company is classified under “trade of gas through mains” and is based in Warwick; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Warwick
- Age
- 27 yrs · since 1999
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 31 Mar 2024 | 31 Mar 2025 | 31 Mar 2026 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £55.6m | £56.1m | £57.1m |
| Cost of sales | — | — | −£53.3m |
| Operating profit | £4.7m | £4m | £3.9m |
| Profit before tax | £10.2m | £7.3m | £5m |
| Profit after tax | £7.5m | £5.5m | £3.8m |
| Profit (best available) | £7.5m | £5.5m | £3.8m |
| Employees (average) | — | — | 151 |
| Ratios | |||
| Profit margin | 13.5% | 9.8% | 6.6% |
| Revenue per employee | — | — | £378k |
| Profit per employee | — | — | £25k |
| Growth (year on year) | |||
| Revenue growth | — | ▲0.9% | ▲1.8% |
| Profit growth | — | ▼26.8% | ▼31.1% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Jul 2025 | Accounts · bulk data Jul 2025 | Accounts · bulk data Aug 2026 |
How the business works
- Profit margin
- 6.6%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £378k
- Revenue ÷ average employees.
- Profit per employee
- £25k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- —
- Now 151
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Luppiter Consortium Limitedultimate parent75–100%
- Luppiter Bidco Limited75–100%
- Gast Pledgeco Limited75–100%
- Gast Midco Limited75–100%
- National Gas Transmission Holdings Limited75–100%
- National Gas Transmission PLC75–100%
- National Gas Metering Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (3)
- Humber Hydrogen Transmission System LtdFigures not disclosed
- National Gas Transmission Pension Trustee LimitedFigures not disclosed
- Premtech LtdFigures not disclosed
Minority corporate shareholders
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Mar 2026 (profit £3.8m), from the Companies House accounts bulk data published Aug 2026. Spotted an error? Request a correction.
Updated from Companies House on 22 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.