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Company No. 13630846 · Incorporated 20 Sep 2021

CNG Bangor Limited

Registered name: CNG BANGOR LIMITED

Part of Averon Park Limited group

CNG Bangor Limited made £84.5k revenue and a £419k loss in the year to 31 Mar 2024. read from filing text

CNG Bangor Limited’s revenue was £84.5k in the year to 31 Mar 2024, with a loss of £419k and 0 employees. The company is classified under “other professional, scientific and technical activities” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 74909Other professional, scientific and technical activities n.e.c.
Status
Active
Location
London, London
Age
5 yrs · since 2021
Type
Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “The immediate parent company is CNG Foresight Limited and its registered office is 1010 Eskdale Road, Winnersh Triangle, Wokingham, Berkshire, United Kingdom, RG41 5TS.”

Latest accounts · year to 31 Mar 2024

Key figures

Small team
Revenue
£84.5k
Growth —
Profit
−£419k
Growth —
Profit margin
−495.5%
Gross −69%
Employees
0
Change —
Profit / employee
—
 
Profitable streak
0yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Mar 202231 Mar 202331 Mar 2024
DisclosureNo P&LFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)—£0£84.5k
Cost of sales—£0£143k
Gross profit—£0−£58.3k
Operating profit—−£18.5k−£244k
Profit before tax—−£18.5k−£419k
Profit (best available)—−£18.5k−£419k
Employees (average)000
Ratios
Profit margin——−495.5%
Gross margin——−69%
Balance sheet — indirect signals, not revenue
Cash at bank£0£0—
Net assets£100−£18.4k−£437k
SourceFullAccounts · bulk data Mar 2024FullAccounts · bulk data Mar 2024FullAccounts · bulk data Dec 2024
Derived from the latest filing

How the business works

Profit margin
−495.5%
Profit ÷ revenue.
Gross margin
−69%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
—
Revenue ÷ average employees.
Profit per employee
—
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.
Indirect — not revenue

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 −£437k
Cash at bank
—
Now —
Headcount
—
Now 0
Deferred income
—
Now —
Fixed assets
—
Now —
Corporate ownership

Group structure

Ownership chain

  1. Averon Park Limitedultimate parent75–100%
  2. Blackmead Infrastructure Limited75–100%
  3. CNG Foresight Holding Limited50–75%
  4. CNG Fuels Ltd75–100%
  5. CNG Foresight Limited75–100%
  6. CNG Bangor Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (17)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2024 (profit −£419k), from the Companies House accounts bulk data published Dec 2024. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.