Company Overview
Island Gas Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Wednesday 12 November 2003, so this is a well established company. Island Gas Limited has been in business for 22 years and 4 months. The accounts status is audit exemption subsidiary and the accounts are next due on Wednesday 30 September 2026.
Registered Address

Welton Gathering Centre, Barfield Lane Off Wragby Road, Sudbrooke, Lincoln, LN2 2QX
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Companies House Data
Company NameISLAND GAS LIMITED
Company Number04962079
Registered Office AddressWelton Gathering Centre, Barfield Lane Off Wragby Road
 Sudbrooke
 LN2 2QX
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date12/11/2003
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date30/09/2026
Accounts Last Made Up Date31/12/2024
Accounts Account CategoryAUDIT EXEMPTION SUBSIDIARY
Returns Next Due Date10/12/2016
Returns Last Made Up Date12/11/2015
Directors & Members
Show Resigned
Ross Glover - Director
(British, 52 years old, born August 1974)
Appointed 05 June 2024
 Active
Thamala Perera Schuetze - Director
(British, 50 years old, born January 1976)
Appointed 30 April 2019
 Active
Frances Ward - Director
(Irish, 65 years old, born November 1961)
Appointed 31 July 2020
 Active
Secretaries
Show Resigned
Other Company Directorships
Ross Glover
A14 ENERGY LIMITED
DART ENERGY (EAST ENGLAND) LIMITED
DART ENERGY (EUROPE) LIMITED
DART ENERGY (WEST ENGLAND) LIMITED
GREENPARK ENERGY TRANSPORTATION LIMITED
GT ENERGY CROATIA LIMITED
GT ENERGY UK LIMITED
IGAS ENERGY DEVELOPMENT LIMITED
IGAS ENERGY ENTERPRISE LIMITED
IGAS ENERGY PRODUCTION LIMITED
ISLAND GAS (SINGLETON) LIMITED
ISLAND GAS OPERATIONS LIMITED
STAR ENERGY GROUP PLC
STAR ENERGY LIMITED
STAR ENERGY WEALD BASIN LIMITED
Thamala Perera Schuetze
A14 ENERGY LIMITED
DART ENERGY (EAST ENGLAND) LIMITED
DART ENERGY (EUROPE) LIMITED
DART ENERGY (WEST ENGLAND) LIMITED
GT ENERGY CROATIA LIMITED
GT ENERGY UK LIMITED
IGAS ENERGY DEVELOPMENT LIMITED
IGAS ENERGY ENTERPRISE LIMITED
IGAS ENERGY LIMITED
IGAS ENERGY PRODUCTION LIMITED
ISLAND GAS (SINGLETON) LIMITED
ISLAND GAS OPERATIONS LIMITED
STAR ENERGY LIMITED
STAR ENERGY WEALD BASIN LIMITED
Frances Ward
A14 ENERGY LIMITED
DART ENERGY (EAST ENGLAND) LIMITED
DART ENERGY (EUROPE) LIMITED
DART ENERGY (WEST ENGLAND) LIMITED
EOLAS UK CONSULTING LIMITED
GT ENERGY CROATIA LIMITED
GT ENERGY UK LIMITED
IGAS ENERGY DEVELOPMENT LIMITED
IGAS ENERGY ENTERPRISE LIMITED
IGAS ENERGY LIMITED
IGAS ENERGY PRODUCTION LIMITED
ISLAND GAS (SINGLETON) LIMITED
ISLAND GAS OPERATIONS LIMITED
NEXEN ENERGY MARKETING EUROPE LIMITED
STAR ENERGY GROUP PLC
STAR ENERGY LIMITED
STAR ENERGY WEALD BASIN LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2015 31-Dec-2014
Balance Sheet
Fixed Assets 175,634,000 175,634,000 170,778,000
Current Assets 77,636,000 77,636,000 46,108,000
Creditors Due Within One Year 47,303,000 47,303,000 24,982,000
Working Cap 30,333,000 30,333,000 21,126,000
Total Assets Less Current Liabilities 205,967,000 205,967,000 191,904,000
Long-term Liabilities 213,944,000 213,944,000 199,770,000
Net Assets -7,977,000 -7,977,000 -7,866,000
Share Capital & Reserves
Share Cap 1,000 1,000 1,000
Profit & Loss Reserves -10,739,000 -10,739,000 -8,879,000
Other Reserves 2,761,000 2,761,000 1,012,000
Shareholders Funds -7,977,000 -7,977,000 -7,866,000
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2015 31-Dec-2014
Tangible Fixed Assets - - -
Fixed Assets 69.3% 69.3% 78.7%
Stocks Inventory 0.3% 0.3% 0.3%
Debtors 0.7% 0.7% 1.2%
Cash Bank In Hand 1.7% 1.7% 1.9%
Current Assets 30.7% 30.7% 21.3%
Creditors Due Within One Year 18.7% 18.7% 11.5%
Net Current Assets Liabilities 12.0% 12.0% 9.7%
Creditors Due After One Year 84.5% 84.5% 92.1%
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability -3.1% -3.1% -3.6%
Called Up Share Capital 0.0% 0.0% 0.0%
Share Capital Allotted Called Up Paid 0.0% 0.0% 0.0%
Profit Loss Account Reserve -4.2% -4.2% -4.1%
Shareholder Funds -3.1% -3.1% -3.6%
Capital Employed - - -
Total Assets Less Current Liabilities 81.3% 81.3% 88.5%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2015 31-Dec-2014
Liquidity Ratio 1.6 1.6 1.8
Solvency Ratio 1.0 1.0 1.0
Reserves to Assets 0.0 0.0 0.0
Secured Creditors Unlock full report
Mortgages Charges 9
Mortgages Outstanding 1
Mortgages Part Satisfied 0
Mortgages Satisfied 8
Assets and Debt Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2015 31-Dec-2014
Assets 253,270,000 253,270,000 216,886,000
Debt 261,247,000 261,247,000 224,752,000
Net Assets/Debt -7,977,000 -7,977,000 -7,866,000

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
Other Business around LN2 2QX
No other companies found in the same location
Document Filings
Confirmation statement made on 12 November 2025 with no updates
Consolidated accounts of parent company for subsidiary company period ending 31/12/24
Audit exemption statement of guarantee by parent company for period ending 31/12/24
Notice of agreement to exemption from audit of accounts for period ending 31/12/24
Confirmation statement made on 12 November 2024 with no updates
Change of details for Igas Energy Plc as a person with significant control on 21 June 2023
Consolidated accounts of parent company for subsidiary company period ending 31/12/23
Audit exemption statement of guarantee by parent company for period ending 31/12/23
Notice of agreement to exemption from audit of accounts for period ending 31/12/23
Appointment of Mr Ross Glover as a director on 5 June 2024
Termination of appointment of Simon Christopher Hopkinson as a director on 4 June 2024
Satisfaction of charge 049620790008 in full
Satisfaction of charge 049620790007 in full
Registration of charge 049620790009, created on 9 April 2024
Confirmation statement made on 12 November 2023 with updates
Consolidated accounts of parent company for subsidiary company period ending 31/12/22
Notice of agreement to exemption from audit of accounts for period ending 31/12/22
Audit exemption statement of guarantee by parent company for period ending 31/12/22
Confirmation statement made on 12 November 2022 with no updates
Consolidated accounts of parent company for subsidiary company period ending 31/12/21
Notice of agreement to exemption from audit of accounts for period ending 31/12/21
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