BRITISH GAS FINANCE LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-06-15 (in 1mo)
Last made up 2025-06-01
Watchouts
None on the register
Cash
—
Latest balance sheet
Net assets
£74M
+7.9% vs 2023
Employees
0
Average over period
Profit before tax
£7M
+420.7% vs 2023
Name history
Renamed 1 time since incorporation
- BRITISH GAS FINANCE LIMITED 2014-02-06 → present
- CENTRICA FINANCE (UK) LIMITED 2009-01-20 → 2014-02-06
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £1,154,000 | £2,521,000 | |
| Operating profit | -£1,944,000 | £3,481,000 | |
| Profit before tax | £1,395,000 | £7,264,000 | |
| Net profit | £438,000 | £5,451,000 | |
| Cash | — | — | |
| Total assets less current liabilities | £137,734,000 | £125,795,000 | |
| Net assets | £68,923,000 | £74,374,000 | |
| Equity | £68,923,000 | £74,374,000 | |
| Average employees | 0 | 0 | |
| Wages | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | -168.5% | 138.1% | |
| Net margin | 38.0% | 216.2% | |
| Return on capital employed | -1.4% | 2.8% | |
| Gearing (liabilities / total assets) | 58.5% | 51.7% | |
| Current ratio | 0.97x | 0.96x | |
| Interest cover | -0.95x | 1.01x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Company's Directors have made inquiries and satisfied themselves that there has not been a material change to the Group's going concern assessment since the Centrica Group interim results for 2025 were released on 24 July 2025. On the basis of these enquiries made, and the fact that Centrica plc, the ultimate parent company, has confirmed it will continue to support the Company, the Directors have concluded that the Company should be able to meet its liabilities as they fall due for the foreseeable future, and therefore the financial statements have been prepared on a going concern basis.”
Significant events
- “While the war in Ukraine continues, alternative sources of gas to replace the Nord Stream 1 pipeline have been secured across Europe, largely through Liquified Natural Gas (LNG) shipped from outside the European continent. The Gaza conflict also has the potential to increase market volatility if wider Middle Eastern states are caught up in the conflict.”
- “Electrification of the fleet is expected to continue in the coming years in line with the company's net zero ambitions.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 22 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CENTRICA SECRETARIES LIMITED | Corporate Secretary | 2009-01-20 | — | — |
| BERRYMAN, Mark Andrew | Director | 2025-03-28 | Mar 1977 | British |
| FLETCHER, Richard | Director | 2025-11-03 | Jun 1976 | British |
Show 22 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ANGELL, Marc Anthony | Director | 2014-02-01 | 2014-04-14 |
| BARBARO, Gab Saturnio | Director | 2014-02-01 | 2016-10-10 |
| BATEMAN, Matthew James | Director | 2021-09-17 | 2022-02-18 |
| BELL, Jeffrey | Director | 2010-07-30 | 2014-02-01 |
| BUCK, Steven John | Director | 2012-09-18 | 2014-04-01 |
| HEDLEY, Paul Ian | Director | 2009-01-20 | 2009-07-22 |
| JACKSON, Brian | Director | 2014-02-01 | 2016-03-21 |
| KENDALL, Tony Alan | Director | 2009-07-22 | 2012-03-26 |
| MARTIN-SIMON, Peter Michael | Director | 2017-07-25 | 2021-09-17 |
| MILES, Claire | Director | 2014-02-01 | 2014-11-30 |
| MORTON, Robert David Alan | Director | 2012-09-18 | 2015-05-14 |
| MUSSENDEN, Sarah Elizabeth | Director | 2019-07-01 | 2021-06-30 |
| ORR, William John | Director | 2014-04-14 | 2017-07-10 |
| PHILLIPS, Stuart David | Director | 2021-06-30 | 2022-12-01 |
| RONALD, Ivan Edward | Director | 2018-03-28 | 2019-07-05 |
| SIBER, Jana | Director | 2022-12-01 | 2025-02-28 |
| STERN, Christopher John | Director | 2015-07-13 | 2018-09-30 |
| THOMAS, Michael Lindsay | Director | 2022-12-01 | 2025-11-03 |
| TODD, Alistair Mark | Director | 2014-04-01 | 2018-03-28 |
| TURNER, Moira Lynne | Director | 2009-01-20 | 2010-07-30 |
| YOUNG, David Keith | Director | 2015-02-01 | 2016-10-10 |
| CENTRICA DIRECTORS LIMITED | Corporate Director | 2012-03-26 | 2012-09-18 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Gb Gas Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 89 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-11-04 | AP01 | officers | Appoint person director company with name date | |
| 2025-11-04 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-03 | AA | accounts | Accounts with accounts type full | |
| 2025-06-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-03-28 | AP01 | officers | Appoint person director company with name date | |
| 2025-03-03 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-30 | AA | accounts | Accounts with accounts type full | |
| 2024-06-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-25 | AA | accounts | Accounts with accounts type full | |
| 2023-06-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-12-06 | AP01 | officers | Appoint person director company with name date | |
| 2022-12-05 | TM01 | officers | Termination director company with name termination date | |
| 2022-12-05 | AP01 | officers | Appoint person director company with name date | |
| 2022-09-22 | AA | accounts | Accounts with accounts type full | |
| 2022-06-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-02-22 | TM01 | officers | Termination director company with name termination date | |
| 2021-09-17 | TM01 | officers | Termination director company with name termination date | |
| 2021-09-17 | AP01 | officers | Appoint person director company with name date | |
| 2021-09-07 | AA | accounts | Accounts with accounts type full | |
| 2021-07-02 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+118.5%
£1,154,000 £2,521,000
-
Cash
—
Not reported
-
Net assets
+7.9%
£68,923,000 £74,374,000
-
Employees
—
Not reported
-
Operating profit
+279.1%
-£1,944,000 £3,481,000
-
Profit before tax
+420.7%
£1,395,000 £7,264,000
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers