UK Gas Distribution 2 Limited
Registered name: UK GAS DISTRIBUTION 2 LIMITED
UK Gas Distribution 2 Limited made £31.9m revenue and £20.3m profit in the year to 31 Dec 2023.
UK Gas Distribution 2 Limited’s revenue was £31.9m in the year to 31 Dec 2023, with £20.3m profit. The company is based in ST Helier; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- ST Helier
- Age
- 5 yrs · since 2021
- Type
- Other company type
Key figures
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £60.9m | £31.9m |
| Profit before tax | £51.8m | £20.3m |
| Profit after tax | £51.8m | £20.3m |
| Profit (best available) | £51.8m | £20.3m |
| Employees (average) | — | — |
| Ratios | ||
| Profit margin | 85% | 63.6% |
| Balance sheet — indirect signals, not revenue | ||
| Net assets | — | — |
| Source | Accounts · bulk data Nov 2024 | Accounts · bulk data Nov 2024 |
How the business works
- Profit margin
- 63.6%
- Profit ÷ revenue.
- Gross margin
- —
- 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.
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 —
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Sources
Latest figures from accounts for the year to 31 Dec 2023 (profit £20.3m), from the Companies House accounts bulk data published Nov 2024. Spotted an error? Request a correction.
Updated from Companies House on 20 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.