J Gas Limited
Registered name: J GAS LIMITED
Part of J. W. Johnston Limited groupJ Gas Limited made £24.9m revenue and £3.6m profit in the year to 31 Dec 2025. read from filing text
J Gas Limited’s revenue grew 6% to £24.9m in the year to 31 Dec 2025, with £3.6m profit and 79 employees. The company is classified under “wholesale of other fuels and related products” and is based in West Lothian; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- West Lothian, Scotland
- Age
- 21 yrs · since 2004
- 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 undertaking of the company is Johnston Fuels Limited, a company whose registered address is Standhill, Whitburn Road, Bathgate, West Lothian, EH48 3HR. Johnston Fuels Limited is t”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £16.9m | £21.1m | £23.6m | £24.9m |
| Cost of sales | £9m | £9.6m | £10.6m | £11.3m |
| Gross profit | £7.9m | £11.5m | £13.1m | £13.6m |
| Operating profit | £2.1m | £4.4m | £5.2m | £5m |
| Profit before tax | £2m | £4.4m | £5.2m | £4.9m |
| Profit after tax | £1.9m | £3.4m | £3.8m | £3.6m |
| Profit (best available) | £1.9m | £3.4m | £3.8m | £3.6m |
| Staff costs | £2.9m | £3.4m | £3.7m | £4.1m |
| Employees (average) | 60 | 69 | 72 | 79 |
| Ratios | ||||
| Profit margin | 11.2% | 16% | 16.2% | 14.6% |
| Gross margin | 46.9% | 54.5% | 55.3% | 54.5% |
| Revenue per employee | £282k | £305k | £328k | £316k |
| Profit per employee | £31.6k | £48.8k | £53.1k | £45.9k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲24.4% | ▲12.2% | ▲5.5% |
| Profit growth | — | ▲77.6% | ▲13.4% | ▼5% |
| Headcount growth | — | ▲15% | ▲4.3% | ▲9.7% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £909k | £1.6m | £572k | £1.5m |
| Net assets | £3.4m | £4.3m | £4.1m | £4.1m |
| Fixed assets | £4.2m | £5.4m | £6.7m | £7.1m |
| Current assets | £2.8m | £4m | £3.4m | £3.7m |
| Debtors | £1.4m | £1.7m | £1.8m | £1.6m |
| Deferred income | £648k | £934k | £1m | £1m |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 14.6%
- Profit ÷ revenue.
- Gross margin
- 54.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £316k
- Revenue ÷ average employees.
- Profit per employee
- £45.9k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 28.4%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 4.1%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 6.5%
- 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
- ▼2%
- Now £4.1m
- Cash at bank
- ▲155%
- Now £1.5m
- Headcount
- ▲10%
- Now 79
- Deferred income
- ▲2%
- Now £1m
- Fixed assets
- ▲7%
- Now £7.1m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- J. W. Johnston Limitedultimate parent75–100%
- Johnston Fuels Limited75–100%
- J Gas Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- Fuel Transport Solutions LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £3.6m), from the Companies House accounts bulk data published Sep 2026. 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.