CH4 GAS UTILITY AND MAINTENANCE SERVICES LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

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.

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors consider it appropriate to continue to prepare the financial statements on a going concern basis and are of the view that there are no material uncertainties regarding the Group's going concern status.”

Group structure

1. CH4 GAS UTILITY AND MAINTENANCE SERVICES LIMITED · parent
   1. SMS Utilities Academy Limited 100% · UK · Engineer training and development
   2. Trojan Utilities Limited 100% · UK · Meter installation

Significant events

• “Exceptional items comprises a credit of £6,700,000 which arose as a result of amounts due to Group undertakings being contractually extinguished in the year, partially offset by exceptional costs of £1,915,586 relating to re-organisation costs incurred as part of right sizing the business to align with job volumes and £621,230 exceptional costs relating to the settlement of the Group's share schemes upon acquisition of the Group by Sienna Bidco Limited ('Bidco'), a newly formed company wholly owned by the funds advised by Kohlberg Kravis Roberts & Co. Inc. and its affiliates ('KKR') in March 2024.”
• “Following completion of Sienna Bidco Limited ('Bidco')'s takeover of SMS in March 2024, a new Senior Facilities Agreement came into effect for SMS totalling £1.175bn, ensuring the Group has sufficient facilities in place to provide the financial flexibility required to support the Group's long-term growth prospects.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -32.5%

  £80,343,046 → £54,254,137

• Cash

  -58.3%

  £2,384,219 → £994,205

• Net assets

  -45.8%

  £14,809,622 → £8,028,552

• Employees

  -26.1%

  829 → 613

• Operating profit

  -262.7%

  £1,553,409 → -£2,527,838

• Profit before tax

  -284.7%

  £1,428,134 → -£2,638,047

• Wages

  -13.3%

  £38,691,644 → £33,551,025

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